Web Summit Lisbon 2024: Startup Pitch Competition Round-Up

(This content was generated with AI)

Web Summit Lisbon 2024: Startups Pitch for a Chance at Glory

The final round of the Web Summit startup pitch competition saw seven companies vying for a spot in the semifinals. Each startup had three minutes to pitch their business idea and three minutes to answer questions from the judges, a panel of investors and industry experts.

First up was Saco, a company using AI to simplify security compliance. Next, Mr. Pugh presented Planet Protection, an insurance company focused on sustainability and ethical investments. The judges then heard from Inpersonality, a platform tackling online impersonation and fraud using AI.

Triplet, an educational travel platform for families, took the stage next, followed by Copper Candle, a company bringing live events into the metaverse. Then, Ms. Cayuela presented BioSmart Data, a platform using AI to analyze medical data and personalize treatments. Finally, Mr. Bruno pitched Binnacle, a company aiming to disrupt the telecom industry with a circular model.

The judges questioned the startups on their business models, revenue streams, competitive advantages, and plans for growth. The semifinalists were announced later that day at Pitch Stage 1 in Pavilion 2.