The winner of the 134th Startup Battle, Kyiv is Body Forming VR Suit!
11 preselected startups were presented at the Battle.
The Judges of the 134th Battle of Startups, Kyiv included:
Alexander Soroka, CEO & Founder at Startup.Network;
Konstantin Karpushin, Head of Innovation at CIS, Head of Transfer at Pricing Group Ukraine, Partner at KPMG;
Emanuele Volpe, Chief Innovation Officer at DTEK (Ukraine);
Andriy Dovzhenko, Managing Partner at SMRK VC Fund; Founder of KUNA exchange;
Anastasiia Bilous, CSO & Partner at the Australian company New Media Services;
Nadiia Kaznacheieva, Investment Director at UMG Investments;
Konstantin Koshelenko, Deputy Chairman at Board Forward Bank;
Alexander Snitsarenko, Managing Partner at Certon Capital;
Ievgen Netreba, Associate at Chernovetskyi Investment Group; Commercial Director at Zakaz.ua;
Aleksey Mas, Lead of Innovation Lab at Kyivstar;
Oleksandr Striamets, PhD, X & D Leader, Samsung R & D Institute Ukraine;
Oleksandr Bartkoviak, Capital Investment Fund;
Ksenia Oush, Investment Associate at SD Capital Investment Team.
In the first block, there was a panel discussion on the topic “Does it make sense to enter Accelerators? Experience of our Startups Accelerated in Europe, America, Hong Kong.” The participants of which were the representatives of Startups, who passed the acceleration programs - Ksenia Belkina, CEO & Founder at Cardiomo; Svitlana Malovana, CEO & Founder at Raccoon.World; Natalia Vladimirova, CEO, co-founder PatentBot; Lisa Voronkova, CEO at Emotion labs. The discussion was moderated by Alexander Soroka.
The voting results are as follows:
The leader in terms of votes received was the project - Body Forming VR Suit with an average score of 3.85.
Body Forming VR Suit - Virtual reality that you can feel.
Second place: Activechat - 3, 69
Activechat - LEGO ™ for virtual buddies and voice agents.
Third place: New Age Data Compression - 2.69
Fourth places: VR Inn LLC - 2.58
Fifth place is shared by two Startups: SensumFMS and Skillonomy - 2.53
Sixth place: Blogist - 2.44
Seventh place: House modeling - 2, 30
Eighth place: Dynamic Division - 2.16
Ninth place: eDucat - 1.84
Tenth place: LRC Solution - 1.41
Forms of all presented startups can be viewed on the event page: https://battle.startup.network/events/386046/#startups
Sergey Farenik, CEO of Body Forming VR Suit, commented on the event in the following way: “It can be seen that professionals are working on the Startup Battle organization. We tried very hard and as a result we took the first place. Immediately after the Battle, we were made several specific proposals from Investors and now we are analyzing them. Thank you very much".
We express special gratitude to our partners for providing valuable prizes and support for start-up startups:
GreenWeb - Marketing Agency, is engaged in the creation of websites, seo-promotion and contextual advertising.
Head of GreenWeb agency, marketing guru - Vladimir Gurinenko presented 4 certificates for agency services:
1st place, Forming VR Suit project - certificate 4000 UAH;
2.3 places, Activechat and New Age Data Compression - certificate for 1000 UAH;
To your favorite of the competition, Dynamic Division - certificate 4000 UAH.
EnglishDom is an online English language school, one of the leaders of educational technologies in Eastern Europe. Presented a certificate for a three-month premium subscription to the winner of the 134th Startup Battle - Forming VR Suit.
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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!