GSVlabs Launches in Boston, Funding 5 of Boston’s Top Startups

REDWOOD CITY, Calif., Nov. 30, 2017 /PRNewswire/ — GSVlabs, a global innovation hub based in the heart of Silicon Valley, successfully launched  its Boston platform with an event convening the city’s top entrepreneurs, investors, and corporate executives. In partnership with Google Developers Launchpad, GSVlabs announced the winners of the GSVlabs Boston Startup Challenge, in front of an audience of 150+, at the Google campus in Cambridge. Ten startups focused on Fin Tech, EdTech, Cybersecurity, Digital Health and IoT (selected from over 200 companies) pitched for $225k in non-dilutive funding, a home at GSVlabs Boston Headquarters and customized acceleration support.

After extensive deliberation by an esteemed panel of judges, one winner from each vertical was selected (receiving $45,000ea in non-dilutive funding). The winning startups included: AdmitHub (EdTech); Vence (IoT); Energetic Insurance (FinTech); Pixm (Cybersecurity); and Medumo (Digital Health).

We are excited to welcome these teams to the GSV family and GSVlabs Boston, which will open doors in Lafayette City Center Q1 2018. GSVlabs Boston will house 50+ emerging technology startups and is currently accepting applications for startups across the IoT, FinTech, EdTech, Digital Health and Cybersecurity markets. The GSVlabs Boston platform will connect Boston’s top entrepreneurs, corporations, groundbreaking research from top local universities, and investors to the Global Silicon Valley. From Austin to Boston, to Chicago and São Paulo; from Shanghai to Mumbai to Dubai, at GSV we believe a Global Silicon Valley is emerging.

About GSVlabs
GSVlabs is a global innovation platform based in the heart of Silicon Valley. We accelerate startups and connect corporations to exponential technologies, business models, and ideas. The spirit and entrepreneurial mindset that has made Silicon Valley such a magical place has gone global. This is why we’re bringing our proprietary startup and corporate acceleration platform to innovation hot spots around the globe. Boston is second only to Silicon Valley in startup activity and game changing innovation. The city is home to some of the world’s top universities, groundbreaking research, and premier venture capitalists. This is why we want to connect the top startups emerging across Boston with the Global Silicon Valley.