Everplaces and Pult Secure €100,000 Each of Venture Funding LONDON
Qualcomm Incorporated (NASDAQ: QCOM) today announced the Europe regional winners of its 2012 QPrize™ venture investment competition. Everplaces, based in Denmark, and Pult, based in Estonia, earned top honors among a total of sixteen companies from Europe who competed in front of a panel of industry judges at the Google Campus earlier this week. Everplaces and Pult each received €100,000 in venture financing from Qualcomm to help the companies expand their businesses. The winners were selected based on their product innovation, financial viability and the strength of their management teams. The victory enables Everplaces and Pult to now compete against other regional champions for an additional $150,000 in venture financing in the QPrize Global Grand Prize competition, taking place in the first quarter of 2013 in San Francisco.
Everplaces allows consumers to save and share places they love and create a personal travel collection. Pult enables smartphones to be used as an ID and remote control to stream personal and commercial content to connected screens.
“Everplaces and Pult truly stand out among the newest generation of up-and-coming entrepreneurs. As QPrize competitors, they demonstrated an impressive combination of technical accomplishment and managerial leadership,” said Nagraj Kashyap, vice president of Qualcomm Ventures, the venture investment arm of Qualcomm Technologies, Incorporated. “We congratulate them on this huge achievement and look forward to seeing their development and participation in the Grand Prize competition.”
Companies also competing in the Europe regional QPrize competition included:
Aircus – Platform to allow SMEs to manage their online presence (Foursquare, Facebook, Yelp, etc) intelligently and all from one place
Augment – Mobile app letting users visualize any product in their real environment, through their tablet and smartphone camera
BusyFlow – Enables access to all users’ cloud-based content from multiple providers via one easy to use dashboard
Carambla – Unified cross-platform office suite Software platform to optimise the revenues of parking owners or tenants by unlocking their parking at times they don’t make use of it themselves
DoxOut – Unified cross-platform office suite application with cloud integration for PCs, laptops, smartphones and browsers
Healthy Heroes – Mobile game where players build their character through real life exercise
Infinit – Distributed file system allowing users to contribute local storage space to a common network providing the same feature as cloud storage
Masspay S.A. – Mobile payment platform for all phone users regardless of model and its capabilities
Mixgar Kft – Social jukebox to provide music for venues and social events
Near – Connects users with the freshest, hyper local news via contextual filtering and geofencing
Penxy – Presentation tool that allows seamless broadcasting and sharing for audience members locally and remotely
Smadex – Hyper local ad network and demand side platform that can help advertisers and media agencies create and distribute location-based rich media mobile ads
Takeplace – A one-stop event management application designed to make events easy, efficient and social
Zinc Software – Heart sensor platform built around a wireless ear worn biosensor
The Qualcomm Ventures QPrize competition is open to entrepreneurs across Brazil, China, India, Israel, Korea, North America and Europe. Additional details on the competition are available at www.qprize.com.
Qualcomm Incorporated (NASDAQ: QCOM) is the world leader in 3G, 4G and next-generation wireless technologies. For more than 25 years, Qualcomm ideas and inventions have driven the evolution of digital communications, linking people everywhere more closely to information, entertainment and each other. For more information, visit Qualcomm’s website, OnQ blog, Twitter and Facebook pages.
Qualcomm is a registered trademark of Qualcomm Incorporated. QPrize is a trademark of Qualcomm Incorporated. All other trademarks are the property of their respective owners.
October 10, 2012
October 10, 2012