Draper Fisher Jurvetson
TEAM PORTFOLIO NEWS ABOUT DFJ DFJ NETWORK HOME BACK DRAPER FISHER JURVETSON, DFJ FRONTIER, AND ZONE VENTURES AWARD $250,000 TO NEUROVIGIL IN FOURTH ANNUAL DFJ VENTURE CHALLENGE Draper Fisher Jurvetson, DFJ Frontier, and Zone Ventures Award $250,000 to NeuroVigil in Fourth Annual DFJ Venture Challenge By: Press Release May. 28, 2008 UC San Diego Startup Bests 16 Teams from 12 Universities in Competition for Seed Funding MENLO PARK, Calif ‐‐ Leading early‐stage venture capital firms Draper Fisher Jurvetson (DFJ) and its network partners DFJ Frontier and Zone Ventures hosted the fourth annual DFJ Venture Challenge in Menlo Park on Wednesday. With a grand prize of $250,000 in seed stage funding, the competition is believed to be the largest winner‐take‐all business plan competition for university students. During the morning session, 16 teams from 12 universities on the West Coast presented business plans to a panel of 10 judges, comprised of venture capitalists from the DFJ Network. Six teams were selected as finalists and presented extended versions of their business plans and answered further questions from the judges in a second round of competition in the afternoon. Following the final round of judging, NeuroVigil was awarded $250,000 in seed funding. NeuroVigil is poised to revolutionize brain analysis and plans to target the sleep, transportation, and pharmaceutical industries. The company, which comprises several Nobel Laureates and leading business strategists, was founded in 2007 by Dr. Philip Low, who, as a graduate student at the Salk Institute, developed a new way to analyze brain activity using a single non‐invasive probe.
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