Irish startup Inspeq AI wins Startup World Cup semifinals at Dublin Tech Summit, advancing to California finals for a $1M investment opportunity.
The recent Dublin Tech Summit (DTS24) was a resounding success, attracting over 8,000 tech industry decision-makers. One of the event’s highlights was the Startup World Cup regional semifinals, hosted in partnership with Pegasus Tech Ventures. This competition, renowned as the largest pitch event globally, saw hundreds of startups submitting video pitches, with 48 advancing to on-stage Knockout Rounds on Day 1.
The intensity heightened on Day 2 when the final five startups pitched their innovations to an international panel of venture capitalists, each aiming to secure a place in the California finals and the chance to win a $1,000,000 investment from Pegasus Tech Ventures.
Amongst fierce competition, Irish startup Inspeq AI emerged victorious, drawing enthusiastic applause from the crowd.
Inspeq AI, which is dedicated to advancing AI-driven inspection solutions, recently raised $1.1 million to expand its team and further develop its AI platform. This funding will support their ambitious growth plans, enabling them to enhance their technological offerings and solidify their market position. Inspeq AI’s triumph at DTS24 is a testament to their innovative approach and potential impact on the industry.
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The Dublin Tech Summit’s collaboration with Pegasus Tech Ventures and the successful execution of the Startup World Cup regional finals underscore Ireland’s vibrant startup ecosystem. The event not only provided a platform for startups to showcase their innovations but also highlighted Ireland’s growing significance in the global tech arena.
With Inspeq AI set to represent Dublin in the Startup World Cup grand finale in California, the stakes are higher than ever. The company’s journey from local startup to global competitor exemplifies the opportunities available within Ireland’s thriving tech landscape. As they prepare for the next stage, Inspeq AI’s story will undoubtedly inspire other startups aiming to make their mark on the world stage.
Martin Tantow, Partner at Pegasus Tech Ventures, expressed his delight, stating, “Dublin Tech Summit was a tremendous success. Thank you for partnering with Startup World Cup and organising the highly anticipated pitch competition. Congratulations to Inspeq AI for winning.”
Overall, DTS24 showcased the dynamism of Ireland’s tech sector, emphasising the importance of innovation, collaboration, and strategic investment in driving forward the next generation of groundbreaking startups.
Source: Dublin tech Summit
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