CHARLOTTE – Top honors at an annual startup showcase headed by the Charlotte-based early-stage venture firm TFX Capital went to a firm based in Washington, D.C.
At the event, the 6th Annual Veteran Startup Showcase, the developer of threat intelligence platform Pyrra took the top spot and $50,000 non-dilutive funding, while a Colorado-based firm Aclymate, landed in second place and received $12,500.
Wilmington-based startup Essential Personnel, the winner of the NC TECH Showcase in May and a recipient of a $50,000 grant from NC IDEA in May, also participated in the veteran startup showcase.
“Each year, TFX welcomes an elite group of founders to participate in this Showcase, and every year we are consistently impressed with the caliber of finalists. The 2022 Showcase certainly was no exception,” said Kevin Eckert, Partner at TFX Capital. “The judges ultimately selected Pyrra due to their unique market opportunity to deploy a solution top of mind for government, media companies and enterprises with an exceptional team positioned to succeed.”