The Winner of the 115th Startup Battle & Crypto speedSale in Berlin is a Crypto Payment System Startup!
The professional network Startup.Network, Crowd.Inc and Token Sale held the the 115th Startup Battle & Crypto speedSale in the capital of Germany on June 28th. The Startup.Network’s team is super satisfied about this event! We have now conducted more than 100 investment battles in different countries, and this event became the first one in Berlin.
Twelve teams took part in the 115th Startup Battle & Crypto speedSale, which passed the rigorous preliminary selection.
On the judges’ panel of the 115th Startup Battle & Crypto speedSale were:
Marc Mogalle - Managing Director at Business Buddies; Moritz Jungmann - Portfolio Manager at innogy Innovation Hub; Alicia Ferratuscо - Co-founder of Starfish Network; Pasha Bogdanov - General Partner at Almaz Capital; Dennis Levien - Investment Team at Motu Ventures; Sandris Murins - Serial blockchain entrepreneur, ICO advisor and blockchain strategist; Kyrill Zlobenko - Regional Manager, DACH at Seedrs; Antony Tikhonov - Business Development, DACH at Seedrs; Timo Dreger - Investment manager at Coparion; Alexander Soroka - CEO&Founder at Startup.Network; Marcus König - Part of the investment team at signals Venture Capital; Franz von Weizsäcker - Head of Blockchain Lab at GIZ; Andy Toth - Investment Director at Plug and Play Germany; Alexander Kölpin - Managing Director of the SeedVC WestTech Ventures; Alexander Vollet - CEO of IR CONSULT in Germany; Gonzalo Sanchez Slik - Head of Investor Relations; Florian Steger - Investment Director, Prokurist Deutsche Telekom hub:raum Fund GmbH; Greg Thain - Chairman Hyperion-Fund ICO; Shawn Segundo - Marketing Manager at SpinLab - The HHL Accelerator; Ana Maria Quijano-Wittemann - Investment Manager at GPS Ventures GmbH.
In the first part of the 115th Startup Battle & Crypto speedSale, by tradition, a panel discussion was held, the participants of which were: Alexander Kölpin,Timo Dreger, Greg Thain, Pasha Bogdanov, Franz von Weizsäcker, Andy Toth and the moderator - Sandris Murins.
The experts talked on the topic of current interest “VC vs ISO, ICO yesterday, today and tomorrow!”. The moderator asked Speakers the following questions: What role does ICO play in the venture capital ecosystem? Will this role be changed?; ICO result in 2017-2018, is it a good tool for raising funds?; How to resolve the problem of the ICO Scam?; What is DAICO? Will it become an alternative to the ICO?; The prediction for the VC and ICO future.
The leader in terms of numbers of votes was BHander - 3,79.
BHander it’s a crypto payment system built around safe hardware wallet.
The results of judges’ voting are following:
First place: BHander - 3,79
Second place: Monetizr - 3,69
Third place: Litnet - 3, 58
Fourth place: Gamedaq.io - 3, 50
Fifth place: Crypto Futures Platform - 3, 23
Sixth place: CryptoPolice - 2, 86
Seventh place: Weeve AG - 2, 79
Eighth place: Raccoon. World and Global Ads Network - 2, 73
Ninth place: TradeBacking.com - 2, 67
Tenth place: Azzurro - 2, 60
Eleventh place: Solidium Loyalty Coins - 2, 40.
Our sincere congratulations to the winner of the 115th Startup Battle & Crypto speedSale - BHander!
We’re sure that it was a truly excellent experience for all participants. They received recommendations from German investors, and got acquainted with representatives of local venture funds.
The Startup.Network team is very grateful to MINDSPACE for help in organising the event.
To all participants of the 115th Startup Battle & Crypto speedSale 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!