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This Article is Out of Date/ August 6, 2024
IM Originals

ONDO Space Wins 2024 Startup World Cup Mongolia; SEM and Smart Contract Take Second and Third

yld
Inside Mongolia
August 6, 2024
August 6, 2024

The Startup World Cup Mongolia, held on July 2, 2024, at National IT Park Mongolia, marked a significant milestone in the country's entrepreneurial landscape. Organized in collaboration with Exponential Zaisan Partners, Pegasus Tech Ventures, and Nomadic Minds, this second edition showcased a prestigious lineup of judges and top 10 finalists, aiming to highlight and support the most promising startups in the region.

Top 10 Finalists

Winning Startups

  • 1st Place: ONDO Space
  • 2nd Place: SEM
  • 3rd Place: Smart Contract

The standout winner, ONDO Space, will advance to the Startup World Cup Grand Finale in San Francisco on October 4, 2024, competing with over 100 global finalists for a $1,000,000 investment prize.

Exponential Zaisan Partners, an early-stage fund supported by prominent investors like Tim Draper, played a crucial role in organizing the event. This fund has been instrumental in introducing various startup initiatives in the region, including the Founder Institute, the Startup World Cup from Silicon Valley, the MonJa accelerator program, and the Mongolian Angel Investment Club.

The Startup World Cup Mongolia has marked a significant advancement in the region's startup ecosystem, signaling a promising trajectory for continued growth and success in this vibrant and innovative community.

Resource: xzp.fund

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