Former SpaceX engineer’s startup punches ticket to Synapse, announces investment

September 23, 2022

It has been a whirlwind 24 hours for former SpaceX engineer Tim Balz, who now leads Melbourne-based Kalogon.

Not only did the company punch a ticket to be a presenter at Synapse Florida next month by impressing a distinguished panel of judges during an event in downtown Orlando Thursday night.

But the company also shared news Friday morning that it had raised $1.9 million for its medical-tech company.

SeedFundersOrlando led the round, with Sawmill Angel Network, venVelo and DeepWork Capital also joining.

Kalogon uses a combination of machine learning and “air cell technology,” which uses air pockets similarly to shock absorbers, in its smart wheelchair cushion design.

The technology aims to increase comfort and blood flow for those using wheelchairs by adjusting the cushion and giving control to users through a mobile app.

“We are on a mission to redesign wheelchair technology to help prevent these injuries and give wheelchair users the freedom to do what they love,” Balz said in a release announcing the investment. “This is the first step in our journey to revolutionize seating for everyone.”


Related Posts

Evaluating Digital Assets in Today’s Market

Evaluating Digital Assets in Today’s Market

You’re probably familiar with the term “cryptocurrency” or “digital asset”, and you’ve likely heard good and bad things about them – stories about 10,000% overnight returns and stories about losing millions to fraud. Dive in on Thursday, November 30th at 11am for this...

Synapse Innovation Awards Applications are Open!

Synapse Innovation Awards Applications are Open!

The Synapse Innovation Awards returns for the 4th year to celebrate Florida’s innovators, risk takers, doers and creators for daring to see an opportunity to make something better, and to do it! This innovation showcase gives you visibility to those working hard and...