X-PITCH 2022 Global TOP 150 has been announced. 150 semi-finalists of this year’s X-PITCH were selected from 4,000+ startups in 51 countries, X-PITCH said in a statement on Tuesday.

X-PITCH is one of the largest startup contests in Asia. Organized by Taiwan Accelerator (TA), the pitch competition is known as the X Games for Startups.

Contestants go through 15-second, 60-second, and 3-minute pitches all the way to win awards and investments.
In the past three events, the 60-second pitch has been held in TAIPEI 101 high-speed elevator and autonomous vehicle. This year, X-PITCH is the first in the world to use MRT train and Metaverse as the competition carrier.

This year’s theme is Tech for Good which highlights the challenges in the post-pandemic world and innovations that will make meaningful social impacts for the public good and sustainable development. Participating startups focus on applications and services that enable digital transformation around five categories, backed by AI, 5G, edge computing, VR/AR/XR, Web3, and next-gen technologies.

Semi-finalists represent diverse next-generation tech industries

Compared to 2021, the proportion of non-Asian teams has increased by 5 percent, while the number of pre-seed startups decreased by 5%. AI startups still account for half of the share, but next-generation tech rose sharply to 33 percent from 7 percent last year.

It is exciting to see more new technologies emerge and enter the market. The percentage of Web3 startups is twice that of 2021, proving the rapid development of this field. On the application side, Banking/Commerce saw a notable increase of 14 percent, while Consumer Lifestyle declined by 9 percent. These data provide some insight into current trends in innovation and entrepreneurship.

More than just a pitch competition

In the following weeks, semi-finalists will go through a series of activities to help the startups progress in their X-Journey. Together with its partners, the startups will go through fundraising workshops, investor matching programs, country access webinars, corporate access programs, and online exhibitions.

The Grand Finale

Ten awards will be presented at the Grand Finale on November 10, 2022. The top three teams will win up to US$1 million in investments in total.