Startups Shine at the Startup World Cup, Organized by Pegasus Tech Ventures

By Jordan French Jordan French has been verified by Muck Rack's editorial team
Published on December 18, 2023

Allis from Japan Wins $1 Million Investment Prize

More than 2,000 attendees from around the globe gathered for the Startup World Cup Grand Finale on December 01, 2023, in San Francisco. An innovative startup from Japan emerged as the grand prize winner and was awarded a $1 million investment prize by a jury of experienced venture capital investors.

The Startup World Cup, organized by venture capital firm Pegasus Tech Ventures, is a well-regarded startup competition consisting of 50+ regional competitions worldwide. Innovative startups from 6 continents competed for 10 finalist slots at the Grand Finale. Aillis, a machine-learning-based artificial intelligence company, won the grand prize. SaveFruit, based in Mexico, earned second place while VOINOSIS – from South Korea – took home third place. Each competitor demonstrated how innovation comes from every corner of the globe.

The competition was judged by a panel of investors, including partners from Norwest Venture Partners, Samsung Ventures, Intel Capital, Lightspeed Venture Partners, and Alchemist Accelerator. The judges and audience saw the enthusiasm of each startup presenting their innovative business and technology ideas. The Startup World Cup demonstrates that startup founders worldwide have the creativity and drive to succeed on the global stage.

Grand Finale participants – including startups, corporate executives, and investors – enjoyed networking and hearing from world-renowned speakers including Barbara Corcoran of ABC’s Shark Tank; Vinod Khosla, founder of Khosla Ventures; and top executives from Tesla, Uber, T-Mobile, Waymo, LinkedIn, Roblox, Reddit, and many others. Each speaker shared their expertise and tips for entrepreneurs, encouraging them to take risks and pursue their dreams to change the world.

Startup World Cup 2023 Finalists

The organizer, Pegasus Tech Ventures, is a global venture capital firm based in Silicon Valley with over $2 Billion in assets under management. The company provides intellectual and financial capital to emerging technology companies around the world. In addition to offering institutional investors a top-tier venture capital investment approach, Pegasus offers a unique Venture Capital-as-a-Service (VCaaS) model for large, global corporations that want to become more innovative by investing in cutting-edge technology startups.

As of now, more than 35 corporate partners have partnered with Pegasus, including SEGA, ASUS, AISIN, Niterra, and Sojitz. These corporations have access to more than 260 Pegasus portfolio companies such as SpaceX, X (formerly Twitter), SoFi, Airbnb, Color, Robinhood, and many others.

By Jordan French Jordan French has been verified by Muck Rack's editorial team

Journalist verified by Muck Rack verified

Jordan French is the Founder and Executive Editor of Grit Daily Group, encompassing Financial Tech Times, Smartech Daily, Transit Tomorrow, BlockTelegraph, Meditech Today, High Net Worth magazine, Luxury Miami magazine, CEO Official magazine, Luxury LA magazine, and flagship outlet, Grit Daily. The champion of live journalism, Grit Daily's team hails from ABC, CBS, CNN, Entrepreneur, Fast Company, Forbes, Fox, PopSugar, SF Chronicle, VentureBeat, Verge, Vice, and Vox. An award-winning journalist, he was on the editorial staff at TheStreet.com and a Fast 50 and Inc. 500-ranked entrepreneur with one sale. Formerly an engineer and intellectual-property attorney, his third company, BeeHex, rose to fame for its "3D printed pizza for astronauts" and is now a military contractor. A prolific investor, he's invested in 50+ early stage startups with 10+ exits through 2023.

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