An end is only the precursor to a new beginning.
Kinetiq Labs is no longer operational. Despite raising our minimum funding requirement and securing over 50 world-class mentors and program partners, we were unable to move forward to due a disruption within our core team that resulted in being unable to meet state fiscal deadlines as recipients of the Launch Akamai Venture Accelerator Program. We are proud to have participated in Hawai'i's significant steps in creating a local startup ecosystem and very happy to have contributed in a small part to the creation of the $20 million HI Growth Initiative, which provides investment capital to building a viable ecosystem for innovation in the state. For more information on this program, please visit http://hsdc.hawaii.gov/hi-growth/. We are also proud that despite the closing of our program, none of our investors suffered any loss of funds, leaving viable capital available for future startups, including those we have introduced them to. Thank you to everyone who supported us and shared in our vision. We wish the best for the future of startups in Hawai'i.