October 24th, 2018

AND THE EXTREME TECH CHALLENGE 2018 WINNER IS…

Extreme Tech Challenge (XTC) announces 2018 winner of its fourth annual competition

Every year, the Extreme Tech Challenge launches its contestants into unprecedented levels of notoriety while exposing them to some of the most influential people in the tech industry. In addition to taking place across four stages where contestants were given the opportunity to publicly pitch their ventures at The International Consumer Electronics Show (CES), the world’s largest technology trade show in Las Vegas, the top three finalists were sent to Sir Richard Branson’s Necker Island in the British Virgin Islands for the XTC Finals on October 19th.

XTC had the pleasure of being Necker’s first guests since the hurricanes and there, a panel of judges, spearheaded by Branson himself, selected a winner. XTC is thrilled to announce that the winner of the fourth annual competition is Power Ledger, the software company from Perth, Australia, using blockchain technology to enhance the adoption and accessibility of clean energy worldwide.

“We are honoured and delighted to receive this award and excited for the additional opportunities available to us from this endorsement.” – Dr Jemma Green, Co-Founder, Power Ledger

From hundreds of world-changing innovations and ideas, only three finalists could be selected at CES to move onto the championship round on Necker Island. While many of the contestants showed promise as the competition was extremely fierce, these three finalists can say with pride that they made it to XTC’s top three—a prestigious accomplishment in its own right:

  • Owlet Baby Care: Founded in 2013 by a team of passionate parents who believed there had to be better resources for infant healthcare in the home. The team’s goal is to bring themselves and other parents around the globe peace of mind and assurance by developing a device that tracks the baby’s oxygen and heart rate while asleep. Using clinically proven technology called pulse oximetry, the Owlet Smart Sock is designed to notify parents if something appears to be wrong.
  • Power Ledger: Power Ledger is a blockchain software company developing solutions for the energy industry. The Power Ledger Platform is an ecosystem of blockchain applications that enables peer-to-peer trading between households that own energy assets to trade electricity with their neighbors as well as set their own prices.
  • Revl: Revl provides AI video editing as a service for experience providers like zip-lines, racetracks, skydive drop zones and soon cruise ships and theme parks. Our system uses Revl Arc cameras to capture the experience and Artificial Intelligence to edit a full social media package including 2 cinematic videos in less than 90 seconds.

 

The winner was selected by a panel of elite judges across the fields of entrepreneurship and tech which included the aforementioned Sir Richard Branson alongside Bitfury co-founder Valery Vavilov, United Arab Emirates’ Prince Zayed Suroor, Ignite Founder & Singularity University Co-Ambassador, Lisa Andrews and Head of Marketing at Zoom Communications, Janine Pelosi.

As the XTC team comes down from yet another superb competition, they are already looking toward 2019 as they have already set a new date for the next XTC Finals which will be held on April 3, 2019 and they will soon announce the top 25 candidates who will compete.

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ACTAI Global and XTC would like to extend a special thanks 2018 Sponsors: Sompo Holdings, BitFury, Ally Ventures & Plug and Play, OWC, Zoom, Jungle Creations, Cisco, Qualcomm, Meltwater, Samsung, IBM, Semi-Finals Event Partner CES and Finals Event Partner, Necker Island.

About Extreme Tech Challenge

Extreme Tech Challenge is a competition that empowers entrepreneurs and their companies by providing visibility, resources, and gives competitors the ability to grow exponentially in scale and knowledge at a low to no incremental cost. XTC strives to inspire and provide growth to up and coming entrepreneurs and business by surrounding them with mentors that to help guide them as they build on product success with business success.

XTC pulls this all together into an experience that money cannot buy with showcase events at the world’s largest technology trade show, CES, and also at Sir Richard Branson’s own Necker Island.