SAN FRANCISCO, July 10, 2024 /PRNewswire/ -- Amidst the
challenging wider economic landscape, the Tokyo Metropolitan
Government (TMG) today announced a successful conclusion to the
SusHi Tech Tokyo 2024 Global Startup Program, which was held on
May 15-16, 2024.
- Asia's largest global
innovation conference, welcomed an unprecedented number of startups
and participants across the global, bringing over 40,206
participants – highlighting the bright future of the startup
ecosystem in Japan.
Numbers at a glance
Over 40,206 attendees took part in this year's event, seeing a
year-over-year increase of over 50% with just over 26,000 attendees
in the 2023 edition. The visitors come from a mix of 430+ startups;
82 countries and 321 cities; and 424 startup booths. Most
importantly, the event successfully facilitated 3,169 business
matches.
Final Results of the SusHi Tech Challenge 2024
One of the key highlights in the event was the SusHi Tech
Challenge 2024, a pitch contest by the world's leading startups to
determine the number 1 sustainable high city technology that will
bring sustainable cities into a reality.
507 startups from 43 markets competed, and 7 startups made it to
the final round including Entomal Biotech Sdn Bhd (Malaysia), Cool Innovation, Inc (Japan), BUYO Bioplastics Company Limited
(Vietnam), Fermenstation Co.,Ltd
(Japan), CancerFree Biotech
(Taiwan), E-Port Pte. Ltd.
(Singapore) and Degas Ltd.
(Japan).
Taking home the grand prize of 10 million
yen was Fermenstation Co.,Ltd., who was also awarded several
special prizes by Sumitomo Realty & Development Co., Ltd, Tokyo
Kiraboshi Financial Group, Inc, Tokyo Tatemono Co., Ltd, Mitsubishi
Estate Residence Co., Ltd., and Mori Building Co., Ltd.
Other special prize winners include:
- CancerFree Biotech, awarded by Shimizu Coporation
- Entomal Biotech Sdn Bhd, awarded by Global Digital Innovation
Network
- BUYO Bioplastics Company Limited, awarded by Mitsui Fudosan
Co., Ltd.
- Cool Innovation, Inc, awarded by Chuo-Nittochi group Co.,
Ltd.
- Degas Ltd., awarded by Pocketalk Corp
- Tokyo Governor Yuriko Koike addressed the participants at
the closing ceremony of the event, "These two days of the SusHi
Tech Tokyo 2024 Global Startup Program were bustling with energy
and excitement. We also newly established the SusHi Tech Award to
recognize outstanding startups. I am confident that the seeds of
open innovation have been sown through the various encounters and
interactions that took place here today. I hope all of you will
cherish the connections you have made here, and continue to bring
about great innovation. Next year's event will be held from
May 8th to the 9th, here at Tokyo Big
Sight. "Come to Tokyo every May"
—those words will be what keep us connected. I look forward to
seeing you again next year, during the favorable season in
Tokyo."
Please access here for more information.
About Global Startup Program
TMG's "Global Innovation with STARTUP" has been active since
November 2022. The program strategy
called "10×10×10 Innovation Vision" focuses on increasing the
number of 1. Unicorn companies from Tokyo, 2. Startup companies from Tokyo, and 3. Public and Private Startups from
Tokyo by ten times over the next 5
years. On February 2023, TMG held the
"City-Tech.Tokyo" at the Tokyo International Forum which was
Japan's largest global startup
event with 26,000 visitors in two days. This year, TMG levels up
further with SusHi Tech Tokyo 2024 as Asia's largest global startup event including
contents such as speaking sessions, a pitch contest and
exhibits.
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