NuMat Technologies, a spin-out from Northwestern University, won a $135,000 prize at the University of Texas.

NuMat Technologies from Northwestern University, has won the Global Venture Labs Investment Competition, held at the University of Texas, securing a $135,000 prize.Numat’s winning team will also ring the closing bell at the Nasdaq Stock Market on July 27. The competition was sponsored by Jon Brumley Texas Venture Labs. An interdisciplinary education and research initiative, Venture Labs promotes new venture creation at The University of Texas at Austin.

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