Startups can now apply to take part in Google’s first Demo Day event in Asia – TechCrunch

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Google is bringing its Demo Day occasion to Asia for the primary time this September and now the search large has opened purposes for startups wanting to participate.

Google’s Demo Day are akin to a brief model of an early-stage startup program. Because the title suggests its a Demo Day however with out the months-long program main as much as it. The corporate as a substitute identifies promising firms, and it really works with them forward of the demo day to offer mentoring, teaching and ideal a pitch that’s delivered to VCs and others from Google’s entrepreneurship community who attend the demo day.

Except for working carefully with Google and earnings Google Cloud credit, Google says its occasions assist get startups linked and lift capital. To that finish, it says that startups which have pitched at Demo Days have raised a cumulative $259 million from buyers.

Occasions have been held in North America and Europe, with some taking part firms from Asia, however this coming occasion — which takes place in Shanghai on September 20 — would be the first on Asian soil.

Corporations wishing to use ought to go to the sign-up website earlier than the deadline of July 1 at 11:59 pm SGT.

The transfer is an extra signal that Google is escalating its presence in Asia, and significantly in China.

In previous months, we’ve seen Google conform to a partnership with Tencent,  put money into China-based startups — biotech-focused XtalPi and live-streaming service Cushou — and announce an AI lab in Beijing. Added to that, Google gained a big tech presence in Taiwan by way of the completion of its acquisition of a piece of HTC, and it opened a presence in Shenzhen, the Chinese language metropolis often called ‘the Silicon Valley of .’

Past China, Google has made its first direct investments in Asia-based firms by backing India’s on-demand service Dunzo and Southeast Asian ride-hailing unicorn Go-Jek.



Supply hyperlink – https://techcrunch.com/2018/05/23/google-demo-day-asia-shanghai-september-applications-open/

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