Mogy has won the third place in the finals of a global competition for sports startups Hype Global Sport Innovation Competition – Rio 201, where an astounding 71,000 startups competed
Croatian Mogy focuses on personal coaches and specialises in easing preparations and guiding clients through an exercise program. Their efforts were awarded with the third place in the American global competition Hype Global Sport Innovation Competition – Rio 2016, held in San Francisco, reported by Netokracija on July 22, 2016. First place was taken by the Halo Neuroscience team and their portable technology solution, which instead of passive measurement focuses on the active impact of physical ability by using neurostimulation techniques.
Halo Neuroscience will together with seven other winners of regional competitions have a chance to present their startup at the upcoming Olympic Games in Rio de Janeiro, but also compete for a prize of 100,000 Euro. The Croatian team returns from San Francisco with positive impressions, while Andrej Radinger, CEO and co-founder of Mogy, points out they are extremely satisfied with the achieved score.
“The competition really was enormous, while all who made it to the finals could have won. This success is proff we are doing something good, making the team believe in it more firmly than before. At the very competition we made several very useful contacts, and considering our main strategic goal is to expand to foreign markets, this has been precious and quite useful from a business point,” said Radinger.
“All of us who made it to the finals are on the radar screen and certain important people will be easier to reach. Some doors have certainly been opened. In any case we will attempt to maximise the current situation and are working on it, with some concrete results expected by the end of this year,” he added.
Mogy had to reach the finals through two elimination rounds based on the analysis of previous pitches, presentations and requested information and materials, with 71,000 startups applying from 46 countries.