Alicante, May 19, 2023.Weitec has been proclaimed the winner at the sixth stop of Venture on the Road in the Valencian Community. The event took place yesterday afternoon in the city of Alicante, the last stop of this sixth edition's traveling event organized by BStartup de Banco Sabadell, SeedRocket and Wayra, Telefónica's open innovation initiative, with Google for Startups as a collaborator.
After its stops in Oviedo, Cartagena, Bilbao, Málaga and Valladolid, Alicante was the sixth and final stop on this tour, prior to the grand final in Madrid where the winning startup of the sixth edition of Venture on the Road will be chosen. This 2023, the tour maintained its objectives: to seek out the best opportunities in each region and give early-stage startups the chance to present their projects to investors and generate quality networking. Held on Thursday, May 18th at the headquarters of the Digital District of the Valencian Community, on Avda. Perfecto Palacio de la Fuente, it benefited from the experience and knowledge of the local ecosystem thanks to the collaboration of local partners such as AlicanteTec, the Science Park of the University of Alicante, and the Digital District of the Valencian Community. The four finalist startups were: Avamed Synergy: A digital tool integration solution that allows for anticipating tumor growth and classification, eliminating complications during complex surgery.
- Beasts: An application that digitizes the role of the professional e-sports coach/analyst so that players can receive personalized recommendations based on their playing style.
- Stenfit: A SaaS platform created to connect coaches with their users and provide them with a tool that allows them to professionalize and centralize all their services.
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- Weitec, the winning startup of Venture on the Road in Alicante, has secured its place in the national final to be held on June 13 in Madrid, alongside the winning projects from the other cities. It will also participate in Google Cloud's digital natives program with up to $10,000 in credits valid for 9 months and technical support from Google Cloud engineers. They will also have preferential access to advanced training from Google Cloud Platform's training programs.
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- The winning proposal of the national final of the 6th Venture on the Road will receive as a prize a support package from all the partners, which includes specialized advice in finance or marketing worth €3,000 offered by BStartup, participation as an invited project in the SeedRocket Entrepreneur Campus, and a 6-12 month space in Wayra's offices, as well as access to events, training, workshops, and networking opportunities.
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- Venture on the Road concluded its tour of cities in the main autonomous communities in Alicante, aiming to locate talent and promising startups at a regional level beyond Madrid and Barcelona, the two leading technology hubs in Spain. Specifically, the event has taken place in Oviedo, Cartagena, Bilbao, Málaga, Valladolid, and Alicante.
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- About BStartup
- Banco Sabadell's BStartup is the pioneering financial service in Spanish banking for startups and scaleups, providing them with specialized banking and equity investment. It offers startups and the entrepreneurial ecosystem specialized banking services, including access to managers specializing in startups, specific financial products, and its own risk management system. Its equity investment targets early-stage digital and technology companies with strong growth potential and scalable, innovative business models. Additionally, it can make follow-on investments in the startups in its portfolio through Sabadell Venture Capital. BStartup has over 4,200 startups among its clients and has invested in more than 80 startups.
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- About SeedRocket
- SeedRocket is an innovative private initiative for entrepreneurs with technology-based projects, founded in 2008, that provides training, funding, and a network of contacts to boost the development of their startups, as well as a shared workspace in its startup accelerators in Barcelona and Madrid. SeedRocket is unique in that it is a non-profit organization and does not take equity from the startups it supports.
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- About Wayra
- Since 2011, Wayra has been Telefónica's main program connecting it with the entrepreneurial ecosystem around the world, through which we invest in and create our own startups. It has seven locations covering nine countries in Latin America and Europe, through which it invests in and supports startups; Wayra Builder is a corporate venture builder that creates innovative startups born from Telefónica's internal technology projects, in collaboration with other investors. Furthermore, through the Wayra Activation Programme, it offers entrepreneurs exclusive and free access to new technologies through Telefónica's own platforms.
- In these eleven years, we have invested €66M in 850 startups and currently have more than 400 startups in our portfolio, of which more than 165 work with Telefónica.
- More information available at www.wayra.es