The statistics speak to the global reach and diversity of the competition. Among the semi-finalists, 88% originate from Asia, while the Americas, Europe, Middle East, and Africa collectively make up the remaining 12%. These startups are at various stages of development, with 53% in Seed/Pre-A, 40% in Pre-Seed, and 7% in Series A/B. The categories they represent reflect the pressing needs of today's world, with 39% focusing on digital economy, 29% on sustainability, 20% on healthcare, and 12% on advanced manufacturing. For a closer look, find the TOP100 shortlist at www.xpitch.io^[2].

X-PITCH 2023's overarching theme revolves around "Accelerating Deeptech." The primary objective is to foster innovation that not only advances technology but also contributes to the betterment of society. With a commitment to "Tech for Good," the competition aims to harness the power of deeptech in addressing critical global challenges.

X-PITCH is renowned as the X Games for Startups, thanks to its unique and challenging pitch contests. This iconic startup event offers founders the opportunity to win investments, accolades, and invaluable exposure. The competition has a history of hosting pitches in unconventional locations, including skyscraper elevators, self-driving cars, and even MRT. This year's semi-finals take place on the Singapore River, where startups will pitch aboard the city's iconic bumboats.

The journey culminates with the selection of the TOP10 startups from the semi-finals, who will advance to the finals at the National Gallery Singapore. The Grand Finale, scheduled for November 9th, will see the presentation of ten awards. The Deeptech Summit, a focal point of the event, will feature thought leaders exploring deeptech's transformative potential in different industries.

Since 2021, X-PITCH has expanded its global footprint, reaching over 50 countries, engaging 8,000+ startups, and involving more than 100,000 participants. The competition has been instrumental in securing a total of US$2 million in investment prizes and over $38 million in funding for the winners. Beyond the competition, X-PITCH's global partners will provide a range of value-added activities to benefit the TOP100 startups. These activities include market access seminars, pitch training, workshops, investor matching, and more.

Hosted by XCEL NEXT and e27, X-PITCH 2023 is made possible through the support of Enterprise Singapore and A*StartCentral and is co-organized by top organizations from ten Asian economies, including Block71 Singapore, BSSC, Cool Japan Fund, DOST-PCIEERD, HKSTP, HUB.ID, KOVA, MDEC, TA, TINVA, TusStar, and VITTBI. The event is proudly sponsored by AIOX Apex Angel Fund, Foxconn Technology, Media OutReach Newswire, Quanding EMC, and Yulon Motor.

"I am excited to extend an invitation to deeptech investors and stakeholders. X-PITCH 2023 aspires to be a platform for deeptech innovation, bringing together outstanding startups from across the globe in the shared pursuit of groundbreaking solutions. We cordially invite you to join us for the Finals & Summit in Singapore on November 9th, where these visionary founders will take center stage, contributing to a future where technology serves the greater good," said K. Yu, Organizing Committee Chair of X-PITCH 2023. To secure your spot, please register at: https://bit.ly/45dqVNx ^[3]

Hashtag: #xpitch #deeptech #startupcompetition

The issuer is solely responsible for the content of this announcement.

References

1. ^{^} Media OutReach (www.media-outreach.com)
2. ^{^} www.xpitch.io (www.xpitch.io)
3. ^{^} https://bit.ly/45dqVNx (bit.ly)