ROCKY HILL, Conn., July 15, 2019 /PRNewswire-PRWeb/ -- Connecticut Innovations (CI), Connecticut's strategic venture capital arm, today announced the semifinalists for VentureClash, the $5 million global investment challenge. The first round of the VentureClash competition attracted nearly 300 applications from more than 20 countries around the world, and 34 companies advanced to the semifinalist round.
VentureClash brings together early-stage digital health insurance technology (insurtech), financial technology (fintech) and industry 4.0 companies from around the world to compete for the opportunity to receive investment, mentoring, customer introductions, grants and services from CI to help them grow and succeed in Connecticut.
To view the full listing of semifinalists, visit https://ventureclash.com/semifinalists/.
"As we enter our fourth year of VentureClash, we continue to meet with incredible companies from around the globe that are looking to land and expand in the United States," said Matt McCooe, chief executive officer at Connecticut Innovations. "We look forward to spending more time with our semifinalists when they join us in Connecticut in late July. We've met many of the founders already, and we can't wait to showcase the finalists in October at Yale. Having the partnership with so many large corporations from around the state, such as Stanley, Black & Decker, AIG, Travelers and Webster Bank, to name just a few, has made VentureClash into a banner event for Connecticut."
VentureClash finalists will be notified on September 6, 2019, following judging from an outside panel of industry leaders and subject matter experts. The finals event, which will feature 10 finalists, will be on Thursday, October 17, at the Yale West Campus in Orange, Connecticut. For more information on qualifications, requirements, guidelines and application, visit http://www.ventureclash.com.
About VentureClash
Managed by Connecticut Innovations, VentureClash is Connecticut's global venture challenge focused on early-stage companies. The challenge identifies high-potential companies in digital health, fintech, insurtech and industry 4.0 that will receive investments from a $5 million investment award pool. Learn more at http://www.ventureclash.com.
About Connecticut Innovations Inc.
Connecticut Innovations (CI) is Connecticut's strategic venture capital arm and is the leading source of financing and ongoing support for innovative, growing companies. CI provides venture capital and strategic guidance for early-stage technology companies, and connections to its well-established network of partners and professionals. For more information, visit http://www.ctinnovations.com.
SOURCE Connecticut Innovations
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