SINGAPORE, August 14 – In what can be equated to the X Games for startups, X-PITCH is a competition that challenges and empowers deeptech startups through a series of intense pitches, offering not just awards but also valuable investments. More than a mere contest, X-PITCH provides founders with a remarkable opportunity to enhance their pitching skills and reevaluate their business strategies. Since its inception in 2018, the event has been held in unconventional locations such as skyscraper elevators, self-driving buses, and MRT stations.

This year, the contest is set to take place along the picturesque backdrop of the Singapore River. As a distinguished startup competition in Asia, X-PITCH has garnered the participation of over 8,000 startups and 100,000 attendees from over fifty countries in the last two years. The winners have collectively secured an impressive US$38 million in funding and have established vital connections with investors, corporations, government agencies, and accelerators through this platform.

“We are excited to host X-PITCH in Singapore for the first time. Through this platform, our aim is to provide founders from around the world access to the vibrant startup ecosystem of the city-state and Southeast Asia. Consistent with previous years, the competition format will once again be groundbreaking, this time on bumboats!” shared K. Yu, Organizing Committee Chair of X-PITCH 2023. Powered by XCEL NEXT and presented in partnership with e27, Asia’s premier startup media outlet.

X-PITCH 2023 enjoys the support of esteemed organizations including Enterprise Singapore, A*StartCentral, ACE.SG, Block71 Singapore, BSSC, Cool Japan Fund, DOST-PCIEERD, HKSTP, KOVA, MDEC, TA, TINVA, TusStar, and VITTBI. In a strategic collaboration, Media OutReach Newswire, Asia’s pioneering global newswire, has been named the “Official Newswire Partner” for X-PITCH. This partnership will facilitate the dissemination of X-PITCH 2023’s announcements on a global scale, while also aiding startups in comprehending the potential of newswire distribution.

The theme for this year’s competition is “Accelerating Deeptech,” focusing on the cutting-edge advancements in four domains: advanced manufacturing, healthcare, sustainability, and the digital economy. The Grand Finale, scheduled for November 10 at the National Gallery Singapore, will witness the presentation of ten awards, with the top three teams receiving investments totaling at least US$1 million. Visionary founders hailing from Asia and across the globe are wholeheartedly invited to embrace this challenge. To participate, visit www.xpitch.io.

Pocket News