Always with an eye towards the rising stars of the Deep Tech ecosystem, AIBC Pitch acts as the Summit’s leading launchpad for some of the most disruptive projects in the space as a whole. This session saw a hand-picked selection of the 10 leading start-ups from our Toronto Summit’s Startup Village compete for the grand prize of up to $500,000 in equity investment as well as a broad array of benefits. While some of the best and brightest pitched on Canada’s stage, myLaminin went above and beyond by taking home the grand prize of first place.
In an interview with the AIBC Team, myLaminin’s Founder and CEO Ash Bassili spoke about his plans in the near future and his Summit experience.
So first of all, I just want to ask you how you feel about this win.
Great. I was really and pleasantly surprised. I didn’t expect this coming into it. Honestly it was our first SiGMA event. So yeah, it’s great to get a reward if you will. So it’s fantastic.
How are you gonna invest the funds?
If we’re so fortunate to get the funds, we’re gonna build the team which is exactly what was our plan. We need to get the Business development, sales and marketing components in place and I think that’s gonna drive us right now.
Any upcoming projects we can expect to see?
We’re looking at the tokens. We think the burn-mint equilibrium might be of interest and could be applicable to what we’re doing so we’re evaluating that. We haven’t pulled the trigger on it, but we’re very close and this may help us attack that problem.
What advice would you give to other startups competing in the next pitch?
Practice. I think it comes down to really getting an intimate understanding of all aspects of your service. Everything from competition to differentiators, to your clients and what they’re looking for in it. Once you have that clarity of understanding, I think it all comes together.
How important do you think pitches like this are for startups to get a leg up?
I think my co-founder Deanne will tell you that we’ve taken every opportunity to pitch. At times we weren’t ready and at times we were, but every opportunity to pitch is a good opportunity to practice a full story and I think that made a difference for us.
How has your experience been here at SiGMA?
We’ll be looking for more. We look forward to attending Dubai in 2023!
Join us in Belgrade, Serbia from the 22-25th August:
With the peninsula being known for its natural beauty, rich cultural landscape and fantastic delicacies, the Balkans are renowned for having some of the most quintessentially Mediterranean vistas and experiences. From the Adriatic coastline of Split to the fairytale-esque castle of Lake Bled, the region has a lot to offer the world. This being said, something that fewer may know is the fact that the nations of the Balkans are incubating a nascent but powerfully growing technical expertise when it comes to frontier technology such as Blockchain, AI and more. Therefore the region may not only be a rich adventure into the past but my also serve as a window into the very near future.
Join us in Belgrade for the best the industry has to offer and for a window into the future of Deep Tech. To learn more about sponsorship and speaking opportunities or to inquire about attending the event, please contact Sophie at [email protected]