The Winner of the Intercontinental Startup Battle in San Francisco is a Medical Startup!
Within the framework of the business tour to Silicon Valley the professional network Startup.Network held the Intercontinental Startup Battle in San-Francisco on April 26th. We have now conducted more than 100 investment battles in different countries, and this event became one of the most interesting and fascinating.
Nine teams took part in the Intercontinental Startup Battle, which passed the rigorous preliminary selection.
On the judges’ panel of the Intercontinental Startup Battle were: Artem Burachenok – Partner at Flint Capital; Leonard Grayver – Partner at Greenberg, Whitcombe, Takeuchi, Gibson & Grayver, LLP; Alexander Soroka - CEO&Founder at Startup.Network; Daniel Stolyarov - Investment Director AlmazCapital; Sergey Patsko – Angel investor. Co-founder PV Seed Fund I; Christina Trampota - Managing Partner, CGM Squared; Kate Seledets - Seed Program Manager, 500 Startups; Jose’ De Dios - Angel investor, mentor in the Startups Showcase Group; Alex Koloskov - investor, founder of Photigy.com; Molly Doyle - Senior Advisor, United States Agency for International Development (USAID); Sudhir Kadam - a serial entrepreneur, mentor; Angelo Del Priore - partner at HP Tech Ventures.
In the first part of the Intercontinental Startup Battle, by tradition, a panel discussion was held , the participants of which were: Artem Burachenok, Daniel Stolyarov, Angelo Del Priore and Kate Seledets, and the moderator - Alexander Soroka.
The experts talked on an actual topic “Relocation of startup teams from all over the world to Silicon Valley”.
The leader in terms of numbers of votes was PhysioCue.
PhysioCue developed an antihypertensive therapy device that combines the biosensor (PPG & ECG) technology for measuring blood pressure from the fingers, record and transmit the data via the Physiocue app.
The results of judges’ voting are following:
First place: PhysioCue - 3, 82
Second place: AURA - 3, 64
Third place: LimpidArmor - 3, 36
Fourth place: Raccon.World - 3, 09
Fifth place: Your Trader! - 3, 00
Sixth place: Crypto Payment System and YouToken - 2, 27
Seventh place: Future Cannabis - 2, 18
Eighth place: Lonje - 1, 91
Our sincere congratulations to the winner of the Intercontinental Startup Battle - PhysioCue!
We’re sure that it was a truly excellent experience for all participants. They received recommendations from Silicon Valley investors and mentors, and got acquainted with representatives of local venture funds.
The Startup.Network team is very grateful to 500 Startups for help in organising the event.
To all participants of the Intercontinental Startup Battle we wish good luck and realization of their projects in the future!
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One of the entrepreneurs who got 1st place shared his experience of participating in the Startup Battle:
“It was my pleasure to pitch at the Startup Battle in San Francisco and in Los Angeles.
It was a great experience, we won the first place in San Francisco and right after the pitch two Judges said that they wanted to invest in our Company.
We met with one of the Judges next day and made a deal for a part of the round.
Startup Battle is a great tool for introducing your Startup to the local community of American investors and, if your case is good, they react immediately.”
After participating in the Startup Battle, which was held by Startup.Network in the Silicon Valley, we gained tremendous amount of experience on how to build the startup and attract investments. Especially it was very cool to talk with MS. He gave us a lot of advice. If it were no it for this event, we would not be able to get such advice. Then we actively worked on searching for investors which we did. We began due diligence but we realised that we did not want to take any investments on the early stage. Again, useful advice from Mike Sandler, his criticism to be precise, helped us to find the way. At this point, we have several investors from among the surgeons, but for now, we are managing on our own.
Now we have an MVP that is not just a set of tools but a surgical robot. The manufacturing of the primary product is taking place in Taiwan. At this point, it is on the stage of being certified.
If somebody asks me whether I need any investments in the early stages, I will say no. It is significantly more important to develop the right network and to get proper advice.
Everything that happened is the credit to Startup.Network!
I want to thank Statup.Network for precious experience and help we've got during startup battles in USA and Berlin.
Mentors your team chooses for jury on battles are always very professional and ready to help.
We got valuable feedback and a good quantity of insights.
Raccoon.World team continues communication and builds relationships with several investors we met on the battles.
We took part in several Startup Battles, organised by Startup.Network, in Moscow, Saint Petersburg, Minsk, Almaty, Kharkov and attended Startup Battle in San Francisco.
I believe that it helped us to be selected from more than 1000 competitors for acceleration program in the Netherlands, where we were the only startup from Eastern Europe.
Attending the Startup Battles is very beneficial for expending networking and gaining useful feedback. In particular, the feedback, what we got on Startup Battle, from the investor form the Silicon Valley helped us to find new and more perspective niche and make the pivot. We would be glad to collaborate with the Startup.Network team again.
We took part in two Startup.Network events: Startup Battle in Moscow and Startup BAttle in Silicon Valley.
We won the 1st place in Moscow and got a lot of attention from the media and investors. After that event, we received lots of useful pieces of advice and attended meetings with investors.
And we won the 3d place in Silicon Valley, and right after the pitch Marvin Liao
(Partner 500 Startups) offered us to join 500 Startups accelerator. Being acquainted with Marwin helped us one more time in Moscow in some time.
We would be glad to pitch at Startup Battles again!