Episode 102: Thaddeus Medical Systems and Extreme Sandbox

This week on the podcast we listen in to some audio from the latest 1 Million Cups Rochester. 1 Million Cups is an educational program for entrepreneurs that takes place in 180 different communities across the United States. At the most recent 1 Million Cups Rochester, we heard from Rochester based biotech business Thaddeus Medical Systems and Minnesota based company Extreme Sandbox.

• Thaddeus Medical Systems is making a smart packaging solution for temperature sensitive products.
o $35B is wasted in the cold supply chain each year through temperature excursions and lost packages.
o Currently, only passive tech exists, like gel packs and Styrofoam, to protect temperature sensitive products during shipment.
o Thaddeus Medical Systems is addressing this problem through their active, reusable, battery powered solution that includes real-time tracking of packages, temperature history profiles, and package content descriptions to increase transparency in the cold supply chain process.
• Extreme Sandbox is a heavy adventure equipment company that allows adults to play on construction equipment for fun.
o Extreme Sandbox was launched in 2012 and pitched on the show Shark Tank in 2016.
o The business has three locations, two in the Twin Cities area and one in northern Texas.
o Extreme Sandbox utilizes three primary revenue streams: individuals, corporate team building events, and student experiential learning excursions.

Join us at the next 1 Million Cups Rochester on Wednesday November 7th (during Global Entrepreneurship Week) at 9AM in the Bleu Duck Kitchen event space as we hear from local business Busy Baby LLC.

This week on the podcast we listen in to some audio from the latest 1 Million Cups Rochester. 1 Million Cups is an educational program for entrepreneurs that takes place in 180 different communities across the United States. At the most recent 1 Million Cups Rochester, we heard from Rochester based biotech business Thaddeus Medical Systems and Minnesota based company Extreme Sandbox.

·      Thaddeus Medical Systems is making a smart packaging solution for temperature sensitive products.

o   $35B is wasted in the cold supply chain each year through temperature excursions and lost packages.

o   Currently, only passive tech exists, like gel packs and Styrofoam, to protect temperature sensitive products during shipment.

o   Thaddeus Medical Systems is addressing this problem through their active, reusable, battery powered solution that includes real-time tracking of packages, temperature history profiles, and package content descriptions to increase transparency in the cold supply chain process.

·      Extreme Sandbox is a heavy adventure equipment company that allows adults to play on construction equipment for fun.

o   Extreme Sandbox was launched in 2012 and pitched on the show Shark Tank in 2016.

o   The business has three locations, two in the Twin Cities area and one in northern Texas.

o   Extreme Sandbox utilizes three primary revenue streams: individuals, corporate team building events, and student experiential learning excursions.

Join us at the next 1 Million Cups Rochester on Wednesday November 7th (during Global Entrepreneurship Week) at 9AM in the Bleu Duck Kitchen event space as we hear from local business Busy Baby LLC.