Startup Among Finalists in Clean Energy Trust Competition

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DATTUS CEO Anurag Garg and CTO Lokesh Gupta (photo courtesy Purdue University) DATTUS CEO Anurag Garg and CTO Lokesh Gupta (photo courtesy Purdue University)

A Purdue University-affiliated startup is one of 10 finalists in the 2016 Clean Energy Trust Challenge. Indianapolis-based DATTUS will be a part of the competition April 12 in Chicago, which is the largest single-day clean energy pitch competition in the country.

Purdue says DATTUS provides an industrial "Internet-of-Things" hardware and software platform that aims to make industrial machinery smarter and help industrial facilities. The company and nine other finalists will pitch their businesses to win monetary prizes.

Last year, the prize amounts ranged from $20,000 to $300,000. DATTUS Co-Founder and Chief Executive Officer Anurag Garg says the Clean Energy Challenge is where the company received its first seed money in 2013, when it won the student track competition.

"We're very excited to be back and compete in the early-stage track this year," said Garg. "The Clean Energy Trust organization has been amazing to us in the last three years. They have continued to support and mentor us, and have opened a number of doors to mentors, customers and investors. We're happy for this opportunity to continue to build on our relationship."

Garg says since winning the student track competition, his company has increased its customer base, raised nearly $1 million in funding and expanded to operate across two continents. 

DATTUS licensed part of its technology from the Purdue Research Foundation Office of Technology Commercialization. Click here to learn more about the Clean Energy Trust Challenge.

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