Today marks the final day for creative startup founders across the globe to register for a leading startup competition in October, boasting over 900 participants thus far. This event is a thriving hub for innovative businesses across myriad industries, presenting a unique platform to connect with investors, entrepreneurs, and industry experts.
The anticipation escalates as registration closes, with over 900 startups from worldwide counting down. This prestigious competition, renowned for nurturing and accelerating the growth of promising ventures, could be the game-changer for myriad startup founders.
Event organizers strongly encourage anyone with a startup concept and the tenacity to bring it into existence to register. This event could mark the commencement of an exhilarating journey for many, placing their ambitious projects before the global limelight.
Selected startups do not incur any costs and can participate in matchmaking sessions with investors and major industry leaders, enhancing market presence and attracting potential investors.
Closing day for global startup enrollment
Furthermore, they receive invites to masterclasses and workshops and are offered personal pitch training, which allows them to present their innovations directly to a high-profile audience.
The event offers a massive chance for startups to grow globally, with the potential to win a $100,000 prize, and to be part of the grand event in San Francisco. Moreover, participation in this event could be a game-changer for startups as it garners extensive media coverage and increases their global exposure.
In Africa, Paris-based venture capital company Breega reports a significant increase in tech environment investment from under a billion dollars to $6 billion, an upsurge attributed to a substantial influx of foreign investors eyeing the continent’s burgeoning startup scene.
Parisian fintech startup Hero has raised an €11.3 million all-equity investment round led by Valar Ventures amid growing concerns about advanced hacking practices. On the other hand, Scottish legal tech startup Wordsmith secured support from esteemed venture capital firms.
General Catalyst, in conjunction with Venture Highway, intends to expand significantly in India, allocating over $500 million for investment projects aiming at supporting growth in India’s rapidly evolving digital economy.
In tech news for 2024, AI is the center stage, with Ilya Sutskever, co-founder of OpenAI, launching Safe Superintelligence (SSI), while OpenAI presents viral services. Microsoft also announced its new AI framework, and Google DeepMind lead with groundbreaking AI applications. In conclusion, the dawn of Quantum computing exhibited by IBM added a futuristic touch to the AI scene in 2024 tech news.
