Paris, April 15th 2024 – Find out why 4,700 startups from all over the world took part last year!
Imagine a future where appliances are energy-efficient, construction practices are sustainable, and net-zero energy buildings become a reality. This future is possible thanks to the innovative technological solution proposed by Thermalytica Inc. grand prize winner of the SLINGSHOT 2023 startup competition.
What is SLINGSHOT?
Organized annually by Enterprise Singapore, a public entity of Singapore’s Ministry of Trade and Industry, and run on the Agorize management platform, SLINGSHOT is much more than just a startup competition. It’s a unique opportunity for young companies to showcase their innovative solutions and grow them from Singapore, at the heart of Asia’s technology ecosystem.
The 2023 edition saw a record participation of over 4,700 startups from 150 different countries, including startup hubs such as the USA, UK, Japan, South Korea, and Germany. There was also an increase of over 50% in applications from the immediate region, notably from Malaysia, Vietnam, and Thailand. These results were achieved thanks to the joint action of the organizers, as well as the detections and activations carried out by Agorize.
A total of 10 winners were selected in five different fields: transformative digital technologies; health and biomedical; media; consumer goods and services; manufacturing, commerce and connectivity; and environment, energy and green technologies.
Winners include startups such as Bering Lab Inc, which provides AI-powered specific translation engines in the legal and patent fields, and Kinexcs Private Limited, a company specializing in AI-powered digital health and wearable devices, focusing on mobility for patients with musculoskeletal disorders.
Participating in SLINGSHOT 2024: what’s in it for European startups?
In addition to accelerated development, the competition offers participating startups mentoring, investment, and business networking opportunities with a wide range of local and international investors, gas pedals, entrepreneurs, large corporations, and innovators based in Singapore.
Once again this year, SLINGSHOT is attracting the attention of international investors, with a distinguished panel of judges including partners from leading venture capital firms such as Vertex Ventures, B Capital Group, Antler, and Monk’s Hill Ventures.
SLINGSHOT winners also benefit from global visibility and valuable industry connections. For example, the biomedical start-up Wasna, second runner-up in the 2022 edition, has since developed its activities from Singapore, supporting the network of contacts established during the competition.
SLINGSHOT 2024 promises to be another landmark year for European startups looking to make their mark on the international innovation scene. Take advantage of this unique opportunity to propel your startup to new horizons. Register now to submit your project and take part in the SLINGSHOT 2024 adventure!
For more information and to register, go to the dedicated Agorize platform here.
About Agorize
Agorize is the leading innovation management software for large companies and public organizations. It’s a comprehensive platform, nurtured by a community of 10 million startups and innovators and supported by the expertise of our specialists. Founded in France in 2011, Agorize is now known for helping companies around the world accelerate their transformation on a massive scale.
The Agorize platform has enabled major global companies to run more than 7,000 innovation programs, and G2 has named it the software with the “best return on investment” for innovation. Brands such as L’Oréal, PepsiCo, Novo Nordisk, and Microsoft use Agorize to detect innovative ideas and turn them into tangible results, from startups, students, developers, and talent from all sectors.
In addition to Slingshot, the Agorize solution also competes in innovation competitions at Viva Technologie, Mondial de l’Auto, Eurosatory, MAPIC…
Press contact for Agorize :
Hanaé Taxis, Marketing & Communication Manager Startup: hanae.taxis@agorize.com