EvoNexus produced record results in the three quarters of 2019 of $141,000,000 of portfolio investments, following our record breaking 2018 full year results of $226,000,000. Based on the recent fundraising performance of our portfolio, 2019 is now a record year for securing long term corporate partnerships, providing financial support for SoCal’s leading technology incubator. EvoNexus has had a 60% growth over the last 6 months in yearly sponsorship commitments. Given the momentum created by these accomplishments, EvoNexus, a non-profit organization, has decided to significantly reduce the equity requirement from startups entering our unique program.The new requirement is now 1% of Common shares upon admission, a substantial reduction from our 4-5% range. The organization believes the 1% de minimis equity requirement will help assure the continued growth of the value of our portfolio.
Everything is getting digitally connected. IoT is going to be everywhere. Analytics are going to be driving everything. Security is going to be protecting everything everywhere.
Something big is coming.
Are you developing technology for it?
EvoNexus Technology Incubator is looking for startups developing disruptive IoT, Analytics and Security technologies.
Startups That Address The Following Areas Should Apply:
- Artificial Intelligence
- Machine Learning
- Bank / Wealth / Payment Technology
- Capital Markets Technology
- P2P Lending
- Mobile Payments
- Digital Cash
- Data Science
- Predictive Behavior Analytics
- Key Telecommunication Enablers (5G, IoT, & Edge Computing)
This EvoNexus Technology Application Round is in collaboration with our corporate sponsors Franklin Templeton and RBC (Royal Bank of Canada).