This Friday the second edition of Walleye Tank, Rochester’s first life science business pitch competition, took place. Teams competed in one of two categories: “Junior Anglers”, Mayo Clinic graduate and medical students who built their concepts in only twelve weeks, and “Professionals”, more experienced bioscience companies.
Fourteen total life science startups competed to attract the attention of six “Walleyes”, seasoned business professionals including Area 10 CoFounder Traci Downs and Vice Chair of Mayo Clinic Ventures Andy Danielsen. Teams presented their concepts to the audience in two minutes or less and then were questioned by the Walleyes about their strategy and business plan.
At the end of the afternoon two Rochester-based teams, C2 Solutions, a student-led startup concept to automate cell culture, and COVR Medical, a startup creating a soft, breathable garment that limits exposure of a patient’s body during surgery, walked away winners. Geneticure, a Minneapolis/Rochester-based pharmacogenomics company targeting hypertension, took away second place in the Professionals division.