The winner of the third consecutive Pitch Your Startup, Aiva, was announced during the ICTSpring Gala dinner. The company was chosen out of the 18 ICT startups pitching during the day.
(Featured Image, from left to right: Victor Choi (SPRYFIT), Claudine Bettendroffer (Luxinnovation), Melanie Delannoy (Docler Holding), Karoly Papp (Docler Holding), Marton Fulop (Docler Holding), Pierre Barreau (Aiva Technologies), Fred Baus (realab) and Christian Karembeu / Image Credit: Dominique Gaul)
#PYSU 2017: @aivatechnology
winner of this year’s edition https://t.co/WXlTI0Ll6T via @ITOne_News @ICTSpring @Luxinnovation @DoclerHoldingLU pic.twitter.com/TjQpYAQckP— PitchYourStartUp (@PYSU_eu) 15 mai 2017
Aiva is an Artificial Intelligence (A.I.) capable of composing emotional music. Aiva has been learning the art of music composition by reading through a large collection of music partitions, written by the greatest composers in order to create a mathematical model representation of what music is. This model is then used by Aiva to create completely unique music.
“We had 18 really great pitches this year from different industries and fields, which made our choice really difficult. But Aiva truly stood out as a unique and creative startup”
Out of a total of 160 applications from 25 different countries, the jury selected 18 ICT startups, based on the criteria of innovation, uniqueness, creativity and growth potential. This year, the prizes were equivalent to a total amount of 100,000 €.
#ComposingMusicLikeNeverBefore: Congratulations to the winner’s @aivatechnology for rocking the stage tonight #PYSU #ICTSpring #AIMusic pic.twitter.com/AsrLbRQinL
— Silicon Luxembourg (@SiliconLux) 9 mai 2017
Aiva won the 50,000 € offered by Docler Holding. At the second place, realab with its product Virtelio got a 3-month acceleration program in the US given by the European American Enterprise Council. InnoHub offered a 3-month acceleration program in Luxembourg as well as some coaching to the third winning startup, SPRYFIT.
“We are impressed each year by the enthusiasm and quality of the projects. We started with 40 applications in 2015, then 90 in 2016 and finally over 160 this year. It’s now time to push this contest one step further. We are looking to open up this competition to other partners”
“Pitch Your Start-Up” is a contest for startups that are active in the field of ICT. Each startup got 3 minutes and 33 seconds to convince the jury. The pitching session was hosted by Melanie Delannoy (Docler Holding) and Claudine Bettendroffer (Luxinnovation). The jury was composed of experts from the national ecosystem: Xavier Buck (DCLGroup), Nicolas Mackel (LFF), Marton Fulop (Docler Holding), Jean Hilger (BCEE), Jean Diederich (Wavestone), Pol Goetzinger (Innohub), Jerome Grandidier (EAEC), Jean-Michel Ludwig (Luxinnovation), Keith Hopper (Docler Holding) and Karoly Papp (Docler Holding).
