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Startup World Cup 2018 Launches We are very excited to announce that Startup World Cup, a global startup pitch competition with a $1,000,000 investment prize, returns with the Startup World Cup 2018 series to search for the next world champion amongst the top startups from around the globe.

Thousands of startups from all around the world have applied to the 2017 series. Winners from the 15 regional events pitched their startups at the Grand Finale, and UniFa from Japan took home the trophy with the $1,000,000 investment prize, and other prizes for regional champions included $10,000 value in legal services from Orrick, Herrington & Sutcliffe LLP and Portfolio Package from Salesforce for Startups. Second place went to Open Bionics from the United Kingdom, and third place went to Ahlijasa from Indonesia. Startups interested in global exposure, mentorship from global investors, and the winning prizes are encouraged to apply for Startup World Cup 2018 regional events at www.startupworldcup.io.

Startup World Cup 2017 series hosted 15 regional events around the world. Some of the regional events had been co-organized with large technology and startup conferences, including: ad:tech in the USA and Japan, StartCon in Australia, World Startup Expo in India, MIT Asia Business Conference in the USA, App Show Korea in South Korea, and SA Innovation Summit in South Africa. Due to the significant number of inquiries from new regions, Startup World Cup 2018 has decided to increase the global outreach and is now welcoming applications for new regional partners and media partners on the Startup World Cup website.

Sponsored by Wistron Corporation, one of the world’s largest manufacturing companies from Taiwan, and Orrick Herrington & Sutcliffe LLP, an international law firm founded in San Francisco, Startup World Cup 2017 Grand Finale featured prominent figures from the entrepreneurship community, including Steve Wozniak (Co-Founder of Apple), Daymond John (Star of ABC’s SharkTank & Founder of FUBU), Alexis Ohanian (Co-Founder of Reddit) and Guy Kawasaki (former Chief Evangelist of Apple). Startup World Cup had veteran investors from Kleiner Perkins (KPCB), Y Combinator, Techstars, 500 Startups, GE Ventures, DFJ, and Plug and Play Ventures judging the World Cup finals. Please contact Chris Abshire (chris@startupworldcup.io) if you are interested in becoming a sponsor or partner.

Startup World Cup 2018 Grand Finale is scheduled for May 2018 in San Francisco.

May 23rd, 2017|


MindMeld at Startup World Cup 2017 One of our portfolio companies, MindMeld was acquired for $125 million by Cisco. Founded in 2011, MindMeld helps businesses to build conversational interfaces with cloud-based services.

MindMeld, formerly known as Expect Labs, launched on the stage of TechCrunch Disrupt SF 2012. At that time, MindMeld wanted to build an iPad app that could listen in on your conversations and provide relevant contextual information. Since then, it has expanded its offerings to include a suite of APIs for parsing, reasoning about and generating language.

MindMeld had previously raised $15.4 million in venture capital financing from Fenox Venture, IDG Ventures, GV, Greylock Partners, Bessemer Venture Partners and Intel Capital, among others.

MindMeld’s CEO, Tim Tuttle, was also a speaker at Fenox Venture Capital’s Startup World Cup 2017 Grand Finale event.

Please see the original article here.

May 11th, 2017|


Fenox Venture CapitalWe are happy to announce that Fenox Korea officially opened the Fenox Global Centre located in Seoul. Fenox Korea will manage the operation of Fenox Global Center, invest, and incubate startup companies that have high potential for growth.

In particular, the Fenox Global Center will provide real-time visibility into the latest trends in Silicon Valley in the United States. There will be live seminars to show the latest investment and technology trends and industry trends of Silicon Valley in real time by broadcasting various demo pitching days held in Silicon Valley.

In addition to the official opening of the Fenox Global Center, Fenox Korea has also welcomed a new Korea CEO. Mr. Bae has held CFO & COO roles at various public companies, including Pandora TV, Gaon Media and CTL. He also has expertise in planning and management, financial accounting, investment review, M & A, capital procurement, and IPO.

April 26th, 2017|


Startup World Cup Winner Startup World Cup, partnered with Wistron Corporation and Orrick, Herrington & Sutcliffe to bring in the top startups from all over the globe for the Grand Finale pitch competition on March 24th 2017. The competition was held at the Marriott Marquis in San Francisco, and was kicked off by speakers including Steve Wozniak, the co-founder of Apple, Daymond John, investor on ABC’s Shark Tank, Guy Kawasaki, former Chief Evangelist of Apple, Alexis Ohanian, the co-founder of Reddit, and many other unique minds from the entrepreneurship community.

A variety of topics were discussed at the event including “The Untold Stories of Apple” by Steve Wozniak, “The Power of Broke” by Daymond John, and “The Top Ten Mistakes of Entrepreneurs” by Guy Kawasaki. The event was hosted by actress and entrepreneur, Rachele Brooke Smith, and brought together the top VCs, entrepreneurs, and world-class tech CEOs.

15 startups battled for the World Cup:

1st Place – UniFa (Japan)
2nd Place – Open Bionics (United Kingdom)
3rd Place – Ahlijasa (Indonesia)

The rest of the finalists in no particular order:
• Crysp (India)
• SnappyScreen (New York, USA)
• Light & Data Technology (China)
• Delvv.io (South Africa)
• Entropix (California, USA)
• ShipVio (Czech Republic)
• Fitly (Boston, USA)
• Uprise (Australia)
• Jarvish (Taiwan)
• Epsilon (Luxembourg)
• LiveCare (South Korea)
• 3DPrinterOS (Texas, USA)

UniFa of Japan came in 1st place and claimed the $1,000,000 prize in investment from Fenox Venture Capital. UniFa is an IoT solution for tracking kindergarteners’ physical and mental growth using a personal robot called Meebo, a smart thermometer, and a smart bed that collects data from children at kindergarten to give parents a better idea of their child’s well-being. 2nd place went to Open Bionics, a 3D printer of robotic arms from the United Kingdom, and 3rd place was taken by Ahlijasa, an on-demand laundry service from Indonesia.

Judges at the event included: Tim Draper of DFJ, David Cohen of Techstars, Kevin Hale of Y Combinator, Eric Feng of KPCB, Alireza Masrour of Plug & Play Ventures, Lisa Suennen of GE Ventures, and Edith Yeung of 500 Startups.

See the original press release here.

April 4th, 2017|


Steve WozniakSteve Wozniak, co-founder of Apple and Silicon Valley idol, will be speaking at the Startup World Cup Grand Finale in San Francisco on March 24th, 2017, at the Marriott Marquis. Startup World Cup is a global conference and competition organized by Fenox Venture Capital to bridge startup ecosystems worldwide.

Steve Wozniak, aka “Woz”, will share insights on his time at Apple and tell some untold stories. In 1976, Woz co-founded Apple with Steve Jobs, where he developed the Apple I, and co-created the Apple II. He remains a Silicon Valley icon and is recognized as a pioneer of the personal computer revolution.

At the Startup World Cup Grand Finale, the winners of 16 regional competitions from around the world will pitch their companies to Eric Feng of Kleiner Perkins, David Cohen of Techstars, Kevin Hale of Y Combinator, Edith Yeung of 500 Startups, Lisa Suennen of GE Ventures, Adeo Ressi of Founder Institute, Saeed Amidi of Plug and Play, and Tim Draper of Draper Associates. The winner of the finale will receive a US $1,000,000 prize in the form of an investment, worldwide media recognition, a package of free legal services provided by Orrick Herrington & Sutcliffe, and a cloud software package provided by Salesforce.

The event is organized as a one day conference, kicked off by a series of renowned speakers, including Woz, Alexis Ohanian, the co-founder of Reddit, Garry Tan, the founder of Initialized Capital, Daymond John of the popular TV show “Shark Tank”, and Guy Kawasaki, former Chief Evangelist of Apple and popular author.

February 7th, 2017|

Daymond John from the TV Show “Shark Tank” to Speak at the Startup World Cup Grand Finale Event in San Francisco, March 24

Startup World Cup LogoDaymond John, the famous shark on TV’s “Shark Tank,” will deliver a keynote presentation at the Startup World Cup 2017 event in San Francisco on March 24, 2017. Daymond John is a highly successful entrepreneur and is the CEO and Founder of the renowned apparel company FUBU. He will kick off the Startup World Cup Grand Finale competition in San Francisco at the Marriott Marquis hotel. Startup World Cup is a global conference and competition organized by Fenox Venture Capital to bridge startup ecosystems worldwide.

On stage, Daymond John will speak about how to grow a successful company. Starting his own business in his parent’s house in Queens with limited resources, he is familiar with what it takes to build a company from scratch and transform it into a billion-dollar business. His background and achievements will set the tone for an exciting competition.

At this Startup World Cup Grand Finale event, the winners of 16 regional events from around the world will pitch their companies to Eric Feng of Kleiner Perkins, David Cohen of Techstars, Kevin Hale of Y Combinator, Edith Yeung of 500 Startups, Lisa Suennen of GE Ventures, Adeo Ressi of Founder Institute, Saeed Amidi of Plug and Play, and Tim Draper of Draper Associates. The winner of the finale will receive a US $1,000,000 investment, worldwide media recognition, and access to accelerators and incubators in the US.

The event is organized as a one day conference, which includes the startup competition, but also has a number of high caliber speakers lined up. Alexis Ohanian, the co-founder of Reddit, and Garry Tan of Initialized Capital will partake in a fireside chat. There also will be a keynote speech given by Guy Kawasaki, former Chief Evangelist of Apple and popular author.

One more regional winner to pitch at the Grand Finale will be selected this week on February 2nd, representing the US West Coast. Register now for your tickets: http://www.startupworldcup.io/us-west-coast-event.

See the original story here.

February 1st, 2017|


Wistron-Fenox Fenox Venture Capital is excited to announce the launch of a new fund with Wistron Corporation, known as one of the largest original design manufacturer (ODM) companies in the world with over 18 Billion Dollars in annual revenue.

This new private venture fund will help Internet of Things, Robotics, Augmented/Virtual Reality and similar focused startups that require hardware-software collaboration with reliable manufacturing. The joint venture between Fenox Venture Capital and Wistron will provide an insider perspective on the world’s newest and most exciting technologies along with a stepping-stone to further business development with startups in global markets.

For more information on Wistron, please click here. If you think Fenox could help your firm with finding innovative technologies , expanding internationally, or with creating a new revenue driving business sector, please contact us at contact@fenoxvc.com

Based in Taipei, Wistron Corporation provides ICT products including mobile systems, desktop systems, serves and storage, IA and networking and communications services to their global customers. It develops solutions in the areas of green recycling, cloud, and display vertical integration. The company employs over 30,000 personnel in offices located in North America, Europe and Asia.

See the original press release here.

December 6th, 2016|


Startup World Cup Logo Startup World Cup is an initiative hosted by Fenox Venture Capital that is focused on fostering innovation and providing entrepreneurship opportunities for underrepresented startup ecosystems across the world. Fenox is hosting 16 different regional startup competitions in Indonesia, Japan, South Africa, New York, India, Australia, Taiwan, China, Korea, Chile, Silicon Valley, Texas, United Kingdom, Boston, Czech Republic, and Luxembourg. Fenox will then bring the respective 16 regional champions from around the world to the Grand Finale in San Francisco on March 24th, 2017 to compete for the $1,000,000 investment prize.

“As Fenox began investing globally, we realized that we were bringing the whole world together. By creating the Startup World Cup platform, we would like to bring the Asian, European, Australian, and American entrepreneurs to work along side one another,” said Anis Uzzaman, Chairman of Startup World Cup, General Partner & CEO of Fenox Venture Capital. “This platform will not only help American entrepreneurs reach the global market, but also helps European, Australian, and Asian entrepreneurs get a flavor of Silicon Valley.”

Startup World Cup plans to hold their 16 regional events beginning 2016 and into 2017 by working with distinguished regional partners in local startup ecosystems. The regional champions will come to Silicon Valley, and compete for the grand prize of US $1,000,000 in front of a judging panel comprised of some of the world’s best known investors including KPCB, DFJ, Y-Combinator, 500 Startups, Techstars, and more.

Check out the TechCrunch articlehere or check out the websitefor more information.

June 22nd, 2016|


Affectiva's systems can glean a user's emotional responses by analyzing their facial expressions.Fenox Venture Capital, a global venture capital firm, recently invested in Affectiva, which develops emotion recognition technology that can read people’s moods from their facial expressions captured in digital videos. Affectiva was created from an MIT Media Lab spin out, but has grown into a pioneer of Emotion Artificial Intelligence, having analyzed over 4 Million faces from over 75 countries for billions of data points. Developers can now use Affectiva’s emotion recognition SDKs to add emotion-sensing and analytics to their own apps and digital experiences in order to become uniquely emotion-aware and adapt in real time to human emotion.

“We see Affectiva taking emotion AI into new corners of technology especially in health, robotics and education,” said Anis Uzzaman, General Partner at Fenox Venture Capital. The firm is excited to back Affectiva in its mission to create technology that adapts to human emotions. Other notable investors include KPCB, Li Ka-shing’s Horizons Ventures, Myrian Capital, and WPP.

For more information click here.

May 25th, 2016|

Fenox Venture Capital Invests in Leading IoT Platform Afero

Fenox Venture Capital has invested in Los Altos based Afero, an IoT platform-as-a-service company, in it’s newly announced $20.3 million Series A round of venture funding to secure connected devices, from toys and arcade games to medical equipment. The company’s technology works even when WiFi isn’t, employing 4GLTE and other radio sensors.

Afero works with large hardware makers who install the startup’s proprietary chip in their IoT devices or components.

The chips, which have been licensed to and are being manufactured by Murata, become identifiers for the gadgets they’re installed in. They interact with router-like hardware to process data as it passes between a gadget and apps in the cloud. The “router” in this equation could be a user’s smartphone, or standalone devices made by Afero.

Afero also provides API’s and mobile app monitoring and controls to secure data passing from smart devices to the cloud.

Fenox has invested in this round alongside co-investorsSamsung Catalyst Fund,Presidio Ventures, Sanshin Electronics Co. Ltd., SoftBank, Assembly Fund and Linear Technology co-founder Robert C. Dobkin.

Fenox Venture Capital CEO and General Partner Anis Uzzaman said “Afero will use use their newly raised capital to sell their system to category leading makers of smart devices and hardware components.”

The company has already inked deals with Bandai Namco and Infocom, both limited partners in Fenox funds.

Afero CEO Joe Britt said the company is also making inroads in the insurance business. He explained, “In the personal property preservation and loss industry, water damage is a huge driver of insurance costs. These companies want a straightforward way to detect water leaks, early. We give them a low-cost device that doesn’t rely on WiFi working in the home to be effective, that bridges water leak detectors in the home back to the cloud.”

Fenox is excited to add Afero to its portfolio of leading technology companies and further support its continued success.

See the original story here.

May 19th, 2016|