We are very proud to announce that Bitbar has won the ICT category of 2012 European Venture Contest that was held in conjunction with the European Venture Summit in Berlin on Dec 6-7th. The European Venture Contest is a final for the winners of 11 regional venture competitions where 850 start-ups gave their pitches to expert panels. Out of these 850 companies 120 regional winners were selected to the finals and 4 winners on each category (ICT, Life Sciences and Cleantech) were selected. Each company was rated on the merits of market need, execution, team, traction on the market and, of course, on their 7 minute presentation. The Contest Jury composed of 30 international investors with extensive experience in their respective fileds.
This was a great acknowledgement for our hard work and the traction we have been able to generate and it already looks like this will help us a great deal on our next financing round 🙂