Five Western European Startups Chosen to Advance to Global Finals in the 1776 Challenge Cup Competition
Washington, D.C. and London, United Kingdom — Tonight 1776 announced the five winners from the London Challenge Cup Regional Finals. These startups, chosen from hundreds of competitors from cities across the region, now move on to represent their countries on the worldwide stage at the Challenge Cup Global Finals in Washington, D.C. taking place in June.
Challenge Cup is an annual global tournament spanning more than 50 cities and covering every continent, to find, fund and spotlight highly scalable startups with potentially transformative solutions to our world’s most pressing challenges. Held in partnership with Revolution and Global Entrepreneurship Network, the competition takes place in three levels — local competitions, nine regional finals and the global final to be held in Washington, D.C., in June 2016. High-growth startups compete for $1 million in cash prizes and funding, media opportunities and curated connections to mentors, corporate partners, policymakers, and potential investors.
The London event showcased both the city’s most compelling startups and the companies that advanced from local competitions held in Amsterdam, Berlin, Dublin, London and Milan. In addition to participating in the pitch event, competing startups also joined a two-day, pop-up accelerator program delivered by the 1776 CEO, industry partners such as IDB, Philips and AWS, and other key executives where the entrepreneurs receive pitch coaching and participate in roundtables with industry experts and one-on-one mentoring sessions.
“Western Europe is increasingly home to so many inspiring entrepreneurs who are building high-growth startups to bring solutions to some of our world’s biggest challenges,” said Donna Harris, co-founder and co-CEO of 1776. “I’m so pleased that we can give these extraordinary companies an opportunity to present their vision on the global stage and connect to the resources and relationships they need to be successful.”
The winners are as follows:
Contego Sports (Dublin, Ireland): Contego Sports helps enhance athletes’ performance and maximize their safety by developing a new head protector to dramatically reduce the G-Force impact — a major source of sports-related concussions — transferred to a players head.
Pedius (Rome, Italy): Pedius is a communication system that uses speech recognition and synthesis technologies to enable those who are deaf or hard of hearing to make phone calls.
PlaqueChecker (London, United Kingdom): PlaqueChecker is a mobile app that makes it possible for you to beautify your smile right from home.
SatoshiPay (Berlin, Germany): SatoshiPay’s technology is a two-way platform that enables content providers to charge consumers small amounts of money, known as “nanopayments” to gain access to the providers’ media.
Skytango (Dublin, Ireland): Skytango is the world’s first marketplace for drone operators, their clients, and the landowners they fly over to do business in a more secure and profitable way. Built by experts in the film and television industry, Skytango provides aerial content, job tendering services, and revenue sharing between interested parties.
For more information about the Challenge Cup, click here.
1776 is a global incubator and seed fund that uncovers promising highly scalable startups focused on solving the world’s most fundamental challenges and helps engineer their success. 1776 focuses on startups in the most broken, entrenched industries and sectors that impact millions of lives every day – specifically education, energy, health and cities. From its headquarters in Washington, D.C., it is sparking a global movement of high-growth startups driving meaningful innovation through its Challenge Cup and Startup Federation, the premiere network of incubators throughout the world. For information, please visit www.1776.vc or follow us on Twitter @1776.
Interchange is a new community of like-minded entrepreneurs, creatives and innovators in the heart of Camden. With 84,000 square feet of dynamic, flexible co-working and startup space spread over three beautifully designed buildings, Interchange has a platform for success: a thriving junction of creativity, growth and inspiration. Interchange provides the infrastructure, ideas and tools to take businesses to new heights.
About Second Home
Second Home is a cultural venue and workspace that brings together thinkers, makers, artists and entrepreneurs. Second Home understands that good things happen when different industries and ideas collide, which is why it carefully selects its members from a diverse range of disciplines, from fashion and technology, through to film-making, arts production and design.