AWE declares $200k prize for its Begin-up Pitch Competitors

September 6, 2023 – Augmented World Expo (AWE), a supplier of worldwide XR occasions, has introduced a USD $200,000 prize for its Begin-up Pitch Competitors at its upcoming AWE EU occasion in Vienna, Austria subsequent month. The competitors is open to any and all pre-Sequence A startups within the XR ecosystem.

AWE famous that whereas being held at AWE EU and with a particular concentrate on pre-Sequence A European XR startups, any augmented, digital and combined actuality (AR, VR & MR – collectively XR) firm assembly the occasion standards could enter for an opportunity to win a USD $200,000 funding from the enterprise capital fund of investor Christopher Obereder.

The Begin-up Pitch Competitors will characteristic AR/VR start-up founders pitching in individual to a gaggle of judges made up of XR business executives and enterprise capitalists on the Vienna occasion on October 25. Obereder, plus extra judges Petri Rajahalme of FOV Ventures and Leen Segers of Ladies in Immersive Applied sciences Europe (WIIT) will decide the competitors.

The judges’ chosen winner is not going to solely win the USD $200,000 in funding from the Start-up Chris Fund, but in addition an Auggie Award that crowns the profitable start-up with the title of “Begin-up to Watch” for AWE EU 2023.

“Christopher has confirmed many times that he has the insights, brilliance and imaginative and prescient to spend money on a number of the largest unicorns in tech – now, he’s displaying that his dream of serving to the best XR startups to flourish will profit not simply European XR, however your entire worldwide business. We’re past grateful for his counsel and profound ardour for XR’s transformative affect to assist take AWE Europe to a complete new degree,” stated AWE co-founder Ori Inbar.

AWE famous that Obereder is a serial entrepreneur, enterprise capitalist, founding father of Begin-up-Chris Ventures (Germany and California) and an investor with greater than 12 years of expertise within the tech business. Begin-Up-Chris Ventures is a enterprise capital agency investing in startups in any respect levels and supporting them with development hacking, M&A and fundraising. He’s additionally a Forbes 30 Beneath 30 member and one of many main development hackers worldwide, with over 350 million app installs generated thus far.

An early-stage investor in varied high-profile firms akin to Airbnb, Arista Networks, Coinbase, Okta and Splunk, Obereder has co-founded and bought 4 firms and helped startups elevate greater than USD $360 million in funding.

“To have the ability to associate with AWE EU and Ori’s acclaimed group in my residence nation of Austria is an impressive alternative to indicate the world that XR startups are on the modern of remodeling so many alternative industries throughout B2B in addition to B2C markets,” stated Christopher Obereder, founder and CEO of Begin-up-Chris Ventures. “I’ve each confidence that small, modern firms in XR are simply as in a position to rework legacy markets as the most important gamers within the business – I do know the judges are simply as excited as I’m about this chance!”

The Begin-up to Watch Competitors will likely be held at Augmented World Expo, which takes place from October 24-25. For extra data on the competitors, click on here. To be taught extra about AWE and its AR/VR convention sequence within the USA, Asia, and Europe, please go to the corporate’s website.

Picture credit score: Augmented World Expo

Sam Sprigg

Sam is the Founder and Managing Editor of Auganix. With a background in analysis and report writing, he has been protecting XR business information for the previous 5 years.

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