VRLab Academy will compete for $1 Million in Prizes in World’s Largest Pitch Competition For EdTech Startups
VRLab Academy has been selected to The Elite 200, the acclaimed list of semifinalists in The GSV Cup — the world’s largest pitch competition for EdTech startups run by female-led, multi-stage venture capital firm GSV Ventures. Companies selected to The Elite 200 represent the top pre-seed and seed stage startups in digital learning across the “Pre-K to Gray” space. VRLab Academy will now compete for up to $1M in cash and prizes in San Diego this April at the ASU+GSV Summit, the annual education technology event hosted by Arizona State University and GSV Ventures.
VRLab Academy was selected from a global applicant pool of 750+ companies, the largest application pool for the GSV Cup yet. More than 175 judges from leading venture capital firms and strategic partners in digital learning like Accel, General Atlantic, Reach Capital, and Owl Ventures, among others, used rigorous criteria to determine the 200 most promising companies.
“We’re at a critical and exciting time for the future of society,” said Deborah Quazzo, managing partner of GSV Ventures. “The pandemic has made it increasingly clear that Ed is on The Edge — on the edge of innovation, transformation, globalization. We’ve always imagined a new era in which ALL people have equal access to the future, and this year’s Elite 200 companies are emblematic of that vision. We’re proud to name the 200 semifinalists in the GSV Cup competition and look forward to having them pitch live at the ASU+GSV Summit.”
"It is exciting for us to be selected as an edtech company among the Elite 200 among more than 750 startups around the world. As VRLab Academy, the educational platform that we have developed based on real scientific formulas, compatible with different curricula, is spreading around the world. In this context, it is very valuable for us that the ASU+GSV Summit and GSV Cup accompany us on this journey." Gurcan Demirci, CEO of VRLab Academy, expressed their excitement to compete in the GSV Cup.
The Elite 200 companies serve learners from Pre-K to Gray, with companies well-distributed across the following categories: Early Childhood, K-12, Higher Education, Adult Consumer Learning, and Adult Enterprise Learning. The 2022 Elite 200 continue to break barriers, comprised of an increasingly diverse and global group:
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58% of companies have female founders
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51% of companies have founders that identify as people of color
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44% of companies are based outside the United States
The GSV Cup is powered by Google Cloud, HubSpot for Startups, HolonIQ, and GSV Ventures.
ABOUT VRLab Academy
VRLab Academy makes million dollar wet labs available to everyone at lowest costs, through the PC and Virtual Reality technology. We started developing virtual science laboratories not only in physics, chemistry and biology subjects but also in medical biochemistry and advanced level subjects with our existing know-how. Our online education platform is cloud based, works with real scientific formulas and is curriculum correlated. Experiments are suitable from elementary schools up to universities.
32 Willoughby Road, Hornsey, London, England, N8 0JG
For Investment Relations contact:
invest@vrlabacademy.com