The annual AI Robotics Venture Fair from Carnegie Mellon University and Innovation Works Inc., the region's largest seed-stage startup investment firm, now has a set date for this year's event, which looks to offer funding opportunities to budding enterprises.
Set to occur on May 1 at the Fairmont Hotel in downtown Pittsburgh, the event will aim to coalesce hundreds of investors from around the country who are looking to provide angel, preseed or seed-stage levels of funding to various types of tech startups that operate in the AR and robotics sectors.
But these startups don't have to be based in Pittsburgh to attend. Geographic requirements allow for companies based in Chicago, Cleveland and Columbus, Ohio; as well as Ann Arbor, Michigan, to participate.
These startups must be incorporated and can be in the idea, prototype or user stage of commercial development. The startups can either be actively raising funds or not. They also can be pre-revenue.
A select committee will vet each of the startups that apply, which they can do so for free by visiting the event's website.
Event organizers said last year's AI and Robotics Venture Fair, the fifth of its kind, attracted over 300 institutional venture capitalists and angel investors from across the country.