On the 13th of May InnMind held the first Shark Tank Pitching Session dedicated to CleanTech & EnergyTech startups in Seed and Series A from all over the world.

There were quite a number of newcomers to InnMind platform among the participants:

Amongst the investors, this time a solid combination of traditional Venture Capital and Corporate VC & Open Innovation departments was witnessed:

Each startup founder had 5 minutes to present the solution and after the presentation investors had a chance to share their feedback and ask questions that would help them in further decision-making.

And as usual, moderator of the event and InnMind CEO, Nelly Orlova, asked investors to share some insights and pieces of advice to startups considering aspects of CleanTech and EnergyTech industries.

Luca Zerbini considers a really important thing is pilots with commercial customers (don’t forget to revenue your customers for it) and partnerships with industry players. Luca also gave an example of one of his portfolio companies that reach success this way.

Javier from Wayra (Telefonica) said that in his company they always pay attention to traction and incomes, also they want to see highly motivated teams.

Pablo from GoHub also mentioned that his company looks at startup traction and its customers to understand that the technology or product works. He agrees with Luca from Peak Point Partners that startups should start their path to success from pilots programs.

As a result of the session, after only a couple of days - 5 out of 6 startups have already entered the private negotiations phase with the investors who participated in the Shark Tank!

You can watch a full recording of the event below:

The next VC Shark Tank Pitching Session will take place on the 27th May and will be dedicated to the third edition of DeFi & NTF & Tokenized Startups! 6 top-tier VCs have confirmed their presence already! Check out the announcement and apply here.