The Rice Alliance for Technology and Entrepreneurship has announced 42 student-led teams from around the world who will participate in this spring's competitive Rice Business Plan Competition.
The annual competition, known as one of the largest and most comprehensive student startup competitions in the world, will be held in Houston from April 4th to 6th. This year's contest will feature his 35 college teams from four countries, including two of his teams in Houston and four others in Texas.
Teams of graduate students from universities around the world will present their plans in front of 350 angels, venture capitalists, and corporate investors and compete for prizes of more than $1 million. Last year, each team won $3.4 million in investment and in-kind prizes, but after some investors doubled or even tripled their investment prizes, the decades-long competition This was the highest total amount ever won.
The 2024 RBPC will focus on five categories: energy, cleantech, and sustainability. Hard Tech; Life Sciences and Healthcare Solutions. Digital enterprise. Consumer Products and Services.
Invitees include:
- AIRS ML, Imperial College London (UK)
- Blaze Power, UCLA
- ChiChi Foods, Washington University in St. Louis
- Rutgers University Cure Wave Science
- CurveAssure, Johns Hopkins University
- D. Saul, Carnegie Mellon University
- Dendritic Health AI, Northwestern University
- University of Michigan Dialysis Innovation
- FlowCellutions, University of Pittsburgh
- HEXAspec, Rice University
- HydroPhos Solutions, University of New Hampshire
- University of Kansas Icorium Engineering Company
- tulane university inforouter
- Kiwi Charge, York University (Canada)
- Korion Health, University of Maryland, College Park
- Embry-Riddle Aeronautical University, Limitless Aeronautics
- University of Houston LiQuidium
- University of Pittsburgh Malleus
- Mesa Quantum, Harvard University
- MineMe, University of Pennsylvania
- NaviAI, Cornell University
- NutriAI, Tufts University
- OSPHIM, RWTH Aachen University (Germany)
- Overture Game, Northwestern University
- OX SOX, University of Georgia
- Oxylus Energy, Yale University
- Palanquin Power, University of Texas at Austin
- Paradigm Robotics, University of Texas at Austin
- Particle N, University of Connecticut
- Harvard University Poka Institute
- Power2Polymer, Aachen University of Technology (Germany)
- University of Arkansas Propica
- Protein Pint, Michigan State University
- Oklahoma State University Sam Trax
- Sancorda Medical, University of Texas at Dallas
- Baylor University Side Coach Sports
- Socian AI, Rochester Institute of Technology
- Somnaire, Johns Hopkins University
- Touchstone, University of California, Berkeley
- Vita Innovations, Stanford University
- Watt Shift, University of Chicago
- Zebra MD, University of California, Los Angeles
These companies join more than 700 RBPC alumni who have collectively raised more than $5.5 billion in funding. According to the Rice Alliance website, more than 269 RBPC companies are operating or have successfully exited.
Last year, Texas A&M-based team FluxWorks won $350,000 and won the competition based on the judges' scores. The company's technology includes magnetic gears that are four times quieter than standard and 99% efficient.
Rice's two teams, Sygne Solutions and TierraClimate, took second and fourth place, respectively. Zymo of Brigham Young University received the most investment funds. Click here to view the complete list of 2023 teams.