The Global Challenge, key event of the Web2day festival since 2013, is an international contest dedicated to startups looking to raise money.
During the 2015 edition, 50 startups had to compete as part of the Global Challenge using their presentations as a mean of defence. The 3 finalists were: Aircall, Weenat, and Peak Me Up. The contest was created 3 years ago and has seen a great number of determinate and innovative startups on stage, like Payplug, Bunkr, Lydia, Tilkee, Streamdata.io, Keycoopt or LowDown. While the organization of the 4th edition is in process, we catched up with our champions: 67 960 828€ were raised by 136 startups who participated to one of the 3 editions of the Global Challenge!
Among them, Aircall, a business telephony solution that uses the cloud and who won the Global Challenge trophy last year, appears as the leader. After having first raised 800 000 dollars through Newfund and many private investors, Aircall has raised 2.75 million dollars in January through Balderton Capital, american business angels, and the FundersClub. The company wishes to mobilize those raised funds to reinforce its team over the 6 next months in Paris and San Francisco, in order to accelerate its growth in Europe and in the United-States.
Another success story: Comet (Crossroad before), a startup that allows you to create collaborative photo albums with relatives, just raised 150 000€ through a group of business angels. It’s the beginning of a new growth phase for Comet: they will contribute to the amelioration of the product as well as set up a B2B monetization service. The company has also just signed a contract with Orange. That’s why we can say that the Web2day Global Challenge is a true springboard for startups looking for money and visibility!
This year, the Global Challenge will welcome 100 national and international startups. Thus, if you are a young startup, holder of an innovative technology, and that you are looking for 200 000 to 2 millions euros to finance your project, don’t hesitate and come participate to the Challenge at Web2day. Follow the news about the Global Challenge by subscribing to the newsletter on this page. The registration will be open starting March 15th. See you soon ! 😉