Saunders College alumni strike ‘Shark Tank’ deal
Elephant Pants accepts deal with Daymond John for $500,000
It was a wild mission to save elephants that helped two RIT Saunders College of Business alumni strike a deal on ABC’s Shark Tank last week.
Nathan Coleman ’09 (marketing) from Ossining, N.Y., and James Brooks ’09 (international business) from Schenectady, N.Y., gave up 17.5 percent of The Elephant Pants to fashion mogul shark Daymond John for $500,000.
The e-commerce retail company, which was launched in 2014, donates 10 percent of net profits (approximately $127,000) to the International Elephant Foundation. The product line targets ages 18-34 and includes harem pants, yoga pants, loungers, kimonos and jewelry.
The Elephant Pants helped push the venture capitalist show past $100 million in total deals in its time on air. Familiar to RIT entrepreneurship is “Shark” John, who was the keynote speaker at Saunders College Gasser Lecture Series in 2013.
May 23, 2019
Alumnus wins Fulbright U.S. Student Program award to improve drones for search and rescue
An RIT alumnus received a Fulbright U.S. Student Program award in computer engineering to help drones assist with search and rescue operations in difficult terrain such as dense forests or steep mountains where GPS might not be reliable. Andrew Ramsey ’18 (computer engineering), ’18 MS (computer engineering) will conduct research at Alpen-Adria-Universität Klagenfurt as part of a project to research innovative ways to determine the location of a drone in a low-cost and reliable manner.
May 23, 2019
RIT Venture Creations business incubator adds new companies to client list
Rochester Institute of Technology’s Venture Creations business incubator has announced the recent inclusion of three new companies to its client list. The addition of BOT Links, RemWell and Lux Semiconductors brings the number of client companies to 23.
May 19, 2019
Artificial Intelligence In Your Toilet. Yes, Really!
Forbes features a toilet seat developed by RIT that contains devices that measure blood oxygenation levels, heart rate and blood pressure to signal when someone is at risk for congestive heart failure.
May 16, 2019
The Ellsworth American features Adam Fisher '10 (imaging arts - computer animation), a former animator at Laika Studios.