Bitcrusher, which makes sound effects technology for guitars, took first place in the University at Buffalo’s Henry A. Panasci Jr. Technology Entrepreneurship Competition.
The team won $52,000 in startup capital and in-kind services. Bitcrusher makes a device for a guitar that allows a user to control digital sound effects directly on the instrument. It can be built into new guitars or retrofitted into existing guitars.
Bitcrusher consists of Ryan Jaquin and Shane Nolan, who are dual electrical engineering and MBA students, and Alex Schwartz, a UB electrical engineering graduate. Jack McGowan of Insyte Consulting was an adviser to the team, which earned the right to pitch to investors at the Bright Buffalo Niagara Expo in May.
The second-place team, named Storillo, won $10,000 for its venture. A field of 33 first-round pitches was trimmed to a group of five finalists who made presentations to judges on Tuesday.