Startup Avalanche

 

An ice-breaking competition for startups that speak business

June 22-23, 2019 | Polyvalent Hall BT Arena | Cluj-Napoca | Romania

Event Info

Powered by Techsylvania in partnership with Risky Business, Startup Avalanche is a launching platform connecting ambitious early-stage startups with experienced international VCs and investors. 

Startup Avalanche is not just another pitching competition. Hundreds of startups from all around the world apply every year, yet less than 16 are accepted in the program. 

 

Our credo is “show, don’t (just) tell”. Whether it’s AI, SaaS, IoT, Medtech/ e-health, Agritech, Ecotech, security, VR, legal tech, logistics or an emerging vertical, the rules are simple: it has to prove traction, scalability, value.

Grand Prize

To be announced soon.

Pitch training

Our team of experts will help you rebuild, refine and practice your pitch to perfection.

Investment consultancy

Aim high and find the road that gets you there. Let us guide you.

Exclusive access to investors & VCs

Benefit from the networking room to acquire feedback from upcoming business partners.

Reach an audience of 4000+

Get in the spotlight of our dedicated stage, accessible to all our conference attendees.

Unexpected opportunities

International media exposure, access to acceleration programs, new business and partnerships.

Competition Timeline

May 10

Deadline for applications

June 10-14

Pitching & investment support

June 15-21

Pitching rehearsal

June 22-23

Startup Avalanche is on!

Be brave. Be bold.

How to win

“Be brave, be bold and work hard for the perfect pitch”, says Jennifer Austin. The Risky Business team she leads selects the best of the best and supports them through the toughest training sessions

Day 1

Startup Avalanche Stage

The top 15 startups that apply get the chance to present on the Startup Avalanche Stage in front of dozens of potential investors from around the world,  partners, as well as Techsylvania speakers and other VIPs.

Presentation structure

  • Pitch – 4 minutes
  • Live demo – 2 minutes
  • Q&A – 4 minutes

Day 2

Main Techsylvania Stage

The 5 finalists will go on a live battle in front of over 2.000 attendees on the Main Stage of Techsylvania for the Grand Prize of Startup Avalanche.

Presentation structure

  • Pitch – 4 minutes
  • Live demo – 2 minutes
  • Q&A – 2 minutes

+ representatives from leading VC funds attended:

 

Previous winners

Planable

Winner of Startup Avalanche 2016

 

BrainyAnt

Winner of Startup Avalanche 2017

 

Troop Travel

Winner of Startup Avalanche 2018

 

Testimonials

In the words of last year’s winning team, TroopTravel: “Being an early-stage startup normally means that you are the last in line. You have to fight to be able to talk to investors and/or speakers at conferences and in general there is little tangible or personalized support offered. At Techsylvania, our experience has been completely different. When you are selected as one of the 15 startups to participate in the competition, you are treated as a VIP. Weeks before the competition, the Avalanche Team reaches out to you to connect you to leading entrepreneurs to work on your pitch. This is a key argument why you should attend Techsylvania next year if you are an early-stage startup.”

Another Avalanche Team, Little Data, from the UK, commented: “I learned so much from pitching at the Startup Avalanche competition at Techsylvania. The competition attracted startups from all over Europe and Asia, and Littledata was honoured to be chosen for the finals. After a few days of rehearsing the pitch and refining the slides, with intensive coaching from the Risky Business team, I have a much better idea of what investors want to hear – and how to communicate it succinctly.”

Judges and Investors 2019

Tim Sullivan

Tim Sullivan

USA

 CEO at Oceanic Partners

Oren Stern

Oren Stern

USA

Co-Founder and COO of Connatix (Angel Investor)

Sakshi Chhabra Mittal

Sakshi Chhabra Mittal

United Kingdom

Investment Director at Softbank Vision Fund

Voicu Oprean

Voicu Oprean

Romania

Founder and CEO of AROBS (Angel Investor)

Fang Yuan

Fang Yuan

USA

Vice President at Baidu Ventures

Abdullah Al-Shaksy

Abdullah Al-Shaksy

Oman

Co-Founder and CEO of Phaze Ventures

Matt Michelsen

Matt Michelsen

USA

Silicon Valley Insider (Working with Leading Brands: Lady Gaga, Nike, Cirque Du Soleil, YouTube)

Adam Jackson

Adam Jackson

USA

Co-Founder & CEO at Braintrust (Angel Investor)

Brahm Klar

Brahm Klar

Canada

Partner at Round13 Capital

Joey Brander

Joey Brander

USA

 Managing Partner at First Serve Partners

Remus Lechintan

Remus Lechintan

Canada

President at RoundAssist (Angel Investor)

Gwendolyn Regina

Gwendolyn Regina

France

Entrepreneur in Residence at Entrepreneurs First

Nan Zhou

Nan Zhou

USA

 Investment Director at Baidu Changcheng Investment Partners

Dan Isai

Dan Isai

Romania

CEO at Salad Box  

Ricardo Mendez

Ricardo Mendez

Germany

Technical Director Europe at Samsung NEXT

Ted Persson

Ted Persson

Sweden

 Partner at EQT Ventures

Rob Kniaz

Rob Kniaz

United Kingdom

Founding Partner at Hoxton Ventures

Calin Vaduva

Calin Vaduva

Romania

 CEO at Fortech

Sergiu Biris

Sergiu Biris

Romania

 Co-Founder & CEO at Zonga 

Rohan Chandran

Rohan Chandran

USA

Chief Product & Technology Officer at Shopkick (Angel Investor)

Andrei Roth

Andrei Roth

Romania

 Manager Cluj office at UiPath (Angel Investor)

Bogdan Colceriu

Bogdan Colceriu

Romania

 Partner at Risky Business

 Ciprian Paltineanu

Ciprian Paltineanu

Romania

Principal Investor at Innova Human Capital 

Dan Cobeanu

Dan Cobeanu

Romania

Founding Partner at Scala Assistance (Angel Investor)

Rumen Iliev

Rumen Iliev

Bulgaria

Partner at LAUNCHub 

Dan Calugareanu

Dan Calugareanu

Romania

Partner at Early Game Ventures 

Radu Lupas

Radu Lupas

Romania

Co-Founder & CBD of SALAD BOX

Jon Gruen

Jon Gruen

USA

General Partner at Starburst Ventures

Christian Renner

Christian Renner

Germany

Managing Director at Kompass Digital

Francois Chopard

Francois Chopard

USA

Founder & CEO of Startburst Ventures

Simona Gemeneanu

Simona Gemeneanu

Romania

Co-founder at Morphosis Capital

Jennifer Austin

Jennifer Austin

Romania

Founding Partner at Risky Business 

Márton Medveczky

Márton Medveczky

Hungary

Investment Associate at Flashpoint Venture Capital

Marcelus Suciu

Marcelus Suciu

Romania

Founder of Marty Restaurants (Angel Investor)

Andrei Trifan

Andrei Trifan

Romania

 Business Development Agent at Subway

Mihai Frentiu

Mihai Frentiu

Romania

 Product Owner at Metro Systems

Vlad Busila

Vlad Busila

Romania

 Managing Partner at Mozaik Investment Found

Andrei Pitis

Andrei Pitis

Romania

VP Engineering at Fitbit

Philipp Kandal

Philipp Kandal

USA

VP Engineering at Telenav ( Angel Investor)

Adrian Enache

Adrian Enache

United Kingdom

CEO at Angels Den

 Cristian Negrutiu

Cristian Negrutiu

Romania

Partner at Sparking Capital 

Rules & FAQ

Do I meet the eligibility criteria to apply?

The teams that are selected to pitch at the event can be from anywhere in the world, from any industry, if they meet all the criteria below:

  • Launched and validated products, with real customers or users by the time of competition
  • Scalable
  • Company valuation target: $500K – $5M
  • Currently fundraising
  • Great pitch
  • Functional live demo
  • One team can only apply with one startup

How does the investment work?

We try to keep things simple. The investment is a convertible note. What means is that the valuation of your startup is decided by either the other investors in the round or your next round. Convertible notes are a standard type of investment structure for early-stage startups. You can read more about convertible notes here.

€50,000 of the investment is unconditional and upfront. The other €50,000 is triggered upon some milestones, based on your pitch, but decided between you and the investors. The Techsylvania and Risky Business team will be on hand to make sure the trigger is fair and supports your growth as a startup.

But the winning team has more than cash to look forward to. Besides some well-connected, sharp angels you’ll also get ongoing support when you need it from Techsylvania and Risky Business. Whether you need help connecting to a fund in the USA, Europe, or Asia, or you need some help on your product and strategy, we’ll be with you.

How does the application process look like?

The teams that are selected to pitch at the event can be from anywhere in the world, from any industry, if they meet all the criteria below:

  • Launched and validated products, with real customers or users by the time of competition
  • Scalable
  • Company valuation target: $500K – $5M
  • Currently fundraising
  • Great pitch
  • Functional live demo
  • One team can only apply with one startup

What are the participation costs?

There is no fee for applying

Every team accepted for the competition is granted VIP tickets for the 2-day event

 

How about the Privacy Policy?

Publicity

Participation in the competition means that you agree to have your startup presentation evaluated publicly.

You agree that Startup Avalanche and its partners can use your name, likeness, and the information provided in the competition to promote your product and this competition, in print and electronic communication means.

You agree that the videos and photos taken during the event and associated activities (preparation, networking events, etc) can be used by Techsylvania and Risky Business for promotional activity.

 

Disclosure

The written application to participate in Startup Avalanche will be read by a team of evaluators who have been asked to keep the contents of the application confidential, however, no formal guarantee of confidentiality will be provided or implied.

Confidentiality

By the submission of your application, you understand and agree that a short description of your startup will be considered a “public summary” and may be used in public documentation related to the competition.

Startup Avalanche will provide a copy of your business description to competition staff and judges and will inform them that no additional copies are to be made.

Startup Avalanche will have no responsibility to protect the intellectual property rights of each contestant. Protection of such rights is the responsibility of each applicant.

All participants must provide information on their development during and after the competition when requested by Startup Avalanche – e.g. submit surveys, testimonials, interviews, etc.