Tallwave Commercialization Fund I announced that it has deployed $500,000 in capital in two Tallwave High Tide business competitions and three early-stage ventures that have emerged from the latest High Tide program. The Tallwave Commercialization Fund I (Fund) is an Arizona-based venture capital fund specializing in Seed investments in early-stage technology and media companies. Tallwave Capital manages the Fund, which is a separate entity from Tallwave.
“We are looking to invest early, and work with these promising ventures to commercialize their businesses and attract follow-on investment,” said Greg Lehmann, Principal, Tallwave Capital. “The High Tide program is an ideal source for bringing validated and fundable startups to the Fund for consideration.”
In addition to investing in the recently completed High Tide for Healthcare IT program and the current High Tide for Healthcare and Ed Tech competition, the Fund has provided early stage seed investment to three of the most recent competition’s finalists, including winner Health Options Worldwide. The three companies are:
- Health Options Worldwide, Somerset, New Jersey, uses behavioral psychology to increase employee engagement with health plans and reduce reactive care spend.
- Inspire Living, Fairfax, Virginia, provides a respiratory monitoring device with a unique algorithm that allows for early detection of child pneumonia.
- Performance 3D, Scottsdale, Arizona, provides 3D motion capture and analysis technology that improves fitness performance and reduces the risk of injury.