2007-10-20 - Elemental Technologies Inc., a Portland company that says it can vastly speed digital video production using standard personal computers, is this year's winner of the Bend Venture Conference's $150,000 investment prize. Subject, of course, to further negotiation and due diligence. Elemental Technologies beat out four finalists for the conference's main prize, nudging out close finisher RocketBux, a Bend-based company that has designed a new technology for beaming promotional coupons directly to consumer cell phones, said Bruce Juhola, one of the conference's organizers. Juhola is the managing partner of this year's group of 29 investors, who deliberated for an hour after the daylong conference to pick a winner...
2007-10-12 - Elemental Technologies Inc. has received a $205,000 investment from the Oregon Angel Fund. With that money in hand, the startup has raised another $295,000, andhas commitments from investors want to put in $110,000 more.