This New Orleans startup just won $100,000 to help make better drugs against ALS and cancer

AxoSim, which has developed a so-called “nerve on a chip” technology that allows scientists to test the effects drugs can have on people in the lab, was among three local tech startups to pitch their ideas Friday before a crowd at New Orleans Entrepreneur Week. As the winner, AxoSim gets a $100,000 investment toward its next round of funding.

This isn’t AxoSim’s first successful public pitch. It won the Louisiana BioChallenge business pitch in 2014, landing the $25,000 cash prize. In 2016, the company was a finalist in the Jefferson Parish Economic Development Commission Challenge as well as The Big Idea, a crowd-based pitch at New Orleans Entrepreneur Week. Read more >>