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Innovation Fund Doles Out Money to Several Tar Heel Startups

North Carolina

Story excerpt from Triangle Business Journal
Written by Lauren K. Ohnesorge

A wearable sensor that can detect crime as it happens (and call the police for you) is among local technologies tapped for early funding by Innovation Fund North Carolina.

Clayton-based 10 for Humanity and Raleigh-based AccuFlow Imaging have each been awarded a $25,000 grant.

10 for Humanity aims to reduce acts of violence and crime by developing 10 new technologies, such as its Tiger Eye Security Sensor, a wearable sensor that developers say detects voice stress and automatically summons police to the wearer’s GPS location.

AccuFlow is producing a blood flow imaging and measurement device to be used during heart bypass surgery.

Lenoir-based Advanced Hydrogen Power Technologies, Morganton-based VX Aerospace and Charlotte-based White Stagg also nabbed $25,000 grants.

Two companies, Charlotte-based Creisoft and Wilmington-based Go2, Inc., receive a $75,000 loan through the program.

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