Startups, corporate executives, and investors are excited to attend the Startup World Cup (SWC) Silicon Valley regional competition, an event organized by Pegasus Tech Ventures. SWC’s vision is to spotlight the world’s best technology startups and to connect them to the global innovation ecosystem. The Silicon Valley event – hosted at the Computer History Museum on August 3, 2023 – will bring together innovative startups from around the region.
This is part of a network of 50+ regional competitions around the world. Winners will compete at the Grand Finale event on December 1, 2023 in San Francisco – where the winning team will receive a $1 million investment prize. SRTX – a materials science technology company based in Canada – won the global competition in 2022.
Pegasus Tech Ventures is a global VC firm with US$2 billion in assets under management. Pegasus provides financial capital and management expertise to emerging technology companies. The corporations for which Pegasus invests – through its venture capital-as-a-service model – attend because they want to partner with cutting-edge technology startups. “Entrepreneurs and corporations value the Startup World Cup as a unique opportunity to build their networks and be exposed to truly innovative technology,” said Anis Uzzaman, Founder and CEO of Pegasus Tech Ventures.
Success stories from SWC inspire startups to apply and corporate executives to attend. After participating, Japanese startup UniFa signed 40+ partners from global corporations, grew revenue to US$30 million, and plans to IPO on the Tokyo Stock Exchange. MIT-born Leuko Labs completed a successful fundraising round and 2019 winner from Vietnam Abivin expanded dramatically, increasing its geographical presence and finalizing a new funding round.
