ThoughtExchange, which provides a platform to foster information and collaboration within schools and large organizations, won the Innovation Showcase pitch competition at the two-day #BCTechSummit.
The Rossland, B.C.-based startup won $5,000 in cash and $120,000 in services from IBM. Hosted by Neil Knupp, VP of cloud for IBM Canada, startups representing each of the regions in B.C. pitched their companies. The audience was the ultimate judge, as the winner was selected through mobile voting.
Other participating companies that pitched were Zymeworks, which raised a huge $61.5 million Series A a few weeks ago, and D-Wave Systems, which was once called “revolutionary by TIME magazine. The other companies were General Fusion, Inuktun, Neurio, Contextual Genomics, and Cloudhead Games.
The #BCTech Summit was a two-day conference featuring 2,800 business leaders, entrepreneurs, investors, and students. As an initiative of the B.C. government and the B.C. Innovation council, the conference revealed a new K-12 coding curriculum for students and discussion about why the government decided on a $100 million BC Tech Fund.
Related: #BCTechSummit unveils BC Tech Fund details and more