Tim Balz

Tim is a co-founder and CEO of Kalogon. Tim is a former SpaceX engineer with a proven passion + patents for making sitting better. He founded Kalogon and through empathy-driven design leads his team to develop products that help everyone live an active, seated life. Tim has been working with individuals with a variety of mobility disabilities for almost 15 years with a focus on providing technology access for independence. In addition to a non-profit Tim started in in high school, he created the first smart wheelchair in partnership with Intel which was endorsed by Stephen Hawking and named the #1 IOT device of 2014. He is the co-inventor on a All-Terrain Wheelchair Patent and has designed a wheelchair suspension system for the world’s largest wheelchair company Permobil. His work on high profile projects for SpaceX such as Falcon 9, Dragon Crew, and Starship helped him identify stellar talent and he founded Kalogon to address seated comfort and to ensure everyone lives an active, seated life.

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Beyond Silicon Valley: alternative funding avenues for startups in 2025

While venture capital funding shows signs of bouncing back in 2025, funding for early-stage startups is unfortunately still lagging since reaching a high in 2022. To increase runway and build a sustainable business, startups should find alternative ways to secure funding beyond traditional VC firms. As the founder and CEO of an early-stage startup myself, here are the best options we’ve found for increasing runway amid a VC slowdown.