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Today: May 16, 2024
December 18, 2023
1 min read

Startups Gleam at Pegasus Tech’s World Cup Tournament

  • The Startup World Cup Grand Finale organized by Pegasus Tech Ventures took place on December 1, 2023, in San Francisco with more than 2,000 attendees globally.
  • An AI-based startup from Japan, Aillis, won the grand prize of a $1 million investment.
  • The competition showcased startups worldwide, exemplifying global innovation and creativity.

The Grand Finale of the Startup World Cup, organized by the venture capital firm, Pegasus Tech Ventures, saw the participation of over 2,000 attendees from across the globe on December 1, 2023, in San Francisco. An innovative, machine-learning based artificial intelligence (AI) startup from Japan named Aillis emerged as the grand prize winner, awarded a $1 million investment by a jury of experienced venture capital investors. The competition consisted of over 50 regional competitions worldwide where startups from six continents competed for ten finalist spots.

In second place was SaveFruit, a startup based in Mexico, while the third-place spot went to VOINOSIS from South Korea. These startups exemplified how innovation is present in every corner of the globe. From all the competitors, a consistent display of enthusiasm and innovative business and technology ideas resonated with the judges and audience.

The Startup World Cup provides a platform for startup founders worldwide to demonstrate their creativity and drive to succeed on a global stage. The participants, including startups, corporate executives, and investors, enjoyed networking opportunities and speeches from world-renowned speakers like Barbara Corcoran from ABC’s Shark Tank and Vinod Khosla, the founder of Khosla Ventures. Top executives from Tesla, Uber, T-Mobile, Waymo, LinkedIn, Roblox, and Reddit were also present and shared their industry insights and tips for entrepreneurs.

Pegasus Tech Ventures, the organizing venture capital firm, is based in Silicon Valley, managing more than $2 Billion in assets. The company not only provides intellectual and financial capital to emerging technology companies around the world but also offers a unique Venture Capital-as-a-Service (VCaaS) model for large, multinational corporations interested in investing in innovative tech startups. Currently, Pegasus partners with more than 35 corporate entities giving them access to its portfolio of over 260 companies, including SpaceX, X, SoFi, Airbnb, Color, and Robinhood.

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