Castle Placement and the University of Michigan
The Grand Finale of CPGO Competition V, a capital raising bracket tournament sponsored by Castle Placement and the University of Michigan, took place in December of 2019.
Throughout the tournament, some of UMICH’s best students pitched their businesses on Castle Placement’s website, as if they were presenting to investors to raise capital. The contestants were all great companies poised for growth. Thousands of voters narrowed the field in on-line voting to three finalists who pitched at the grand finale.
Each finalist presented their company, opportunity, and strategy to a panel of judges. In the end, the judges selected Elefunnel, a growing company that produces a new liquid consumption vehicle.