The Extreme Tech Challenge (XTC), the world’s largest startup competition, is partnering with Innovation Norway, the Norwegian Government’s most important instrument for innovation and development of Norwegian enterprises and industry to bring XTC to Norway for the first time!
XTC aims to accelerate startups changing the world for the better through innovative technologies by providing the opportunity for global visibility and access to investment capital, corporate strategic partnerships and world-class mentorship.
In 2021 alone, the XTC competition attracted over 3,700 startup applications from nearly 100 countries. 80 startup finalists were selected and 43% of those were female founded. The finalist cohort collectively raised over US $233 million in venture investment since being selected. XTC now boasts 21 regional competitions and 71 global partners composed of corporations, venture capital firms, universities, policymakers, and tech conferences and hundreds of informal partners.
“XTC is one of those events where you can see how the future is changing right now. Norway will be part of driving that change with so many innovative companies, supported by Innovation Norway, BI and the entire Norwegian startup and innovation ecosystem”, said Alexander Bergo, Director Innovation Norway San Francisco and Bay Area.
“XTC and Innovation Norway share the common goal of supporting companies in developing their competitive advantage and to enhance innovation. We are pleased to connect our ecosystems and empower tech for good startups to change the world”, said Young Sohn, Co-Founder of Extreme Tech Challenge, Founding Managing Partner of Walden Catalyst Ventures, and former Corporate President and Chief Strategy Officer at Samsung Electronics.
This new Norway regional competition finale will be held on March 21, 2022 in Oslo. Tech Startups founded or co-founded by Norwegian entrepreneurs are invited to apply to this new regional competition by March 4, 2022.
The top three winners from this regional competition – XTC 2022 Norway – will automatically become global finalists of the Extreme Tech Challenge 2022 competition, where they will be invited to join a bootcamp training program with top corporate executives and venture capital investors. The top three startups will then compete against other startups in their respective technology categories for an opportunity to showcase their startups at the Extreme Tech Challenge 2022 Global Finals to be held in partnership with TechCrunch on June 14, 2022 in San Francisco.
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About Extreme Tech Challenge
Extreme Tech Challenge is a 501(c)(3) nonprofit public benefit corporation whose mission is to empower startups creating new tech innovations to address global challenges. It is the world’s largest ecosystem and competition for purpose-driven technology inspired by the United Nations 17 Sustainable Development Goals (SDGs).
The Extreme Tech Challenge™ competition is supported by leading corporations, venture capital investors, foundations, policymakers, universities and tech conferences to give exceptional startups the potential for global visibility, the opportunity to raise capital, the ability to network with global leaders, and access to world-class mentorship to help them pioneer technological breakthroughs that address our most extreme global challenges. A complete list of XTC partners and how to join can be found at www.extremetechchallenge.org.
About Innovation Norway
We contribute to sustainable growth and exports for Norwegian businesses through capital and expertise.
We support companies in developing their competitive advantage and to enhance innovation.
Norwegian enterprises have access to a broad business support system as well as financial means. Innovation Norway provides competence, advisory services, promotional services and network services. We aim to assist Norwegian businesses grow and find new markets. Local presence is therefore of crucial concern to us. It is easy to get in touch with us. We are represented in more than 30 countries worldwide and in all Norwegian counties.
Find more at: https://www.innovasjonnorge.no/en/start-page/
Victoria Slivkoff, Executive Managing Director, Extreme Tech Challenge: Victoria@extremetechchallenge.org
Alexander Bergo, Director Innovation Norway San Francisco and Bay Area: Alexander.Bergo@innovationnorway.no
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