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May 4, 2021
$275,000 awarded to ASU, community entrepreneurship ventures
A venture founded by two Arizona State University alums that makes gear-storage racks out of recycled plastic has won a $10,000 investment.
Sean Dicke and Nicholas Raccosta won the money for their company, Strax Gear, in the Retail Devils funding track during the Demo Day pitch competition on April 30. Strax Gear makes a $79.99 Infinity Rack, which holds up to 40 pounds of gear, such as bikes or snowboards.
Dicke, who earned a master’s degree in industrial design in 2019, was inspired to create the storage rack while doing an internship for a ski manufacturer and he noticed how much waste was created. ....

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