Pegasus Tech Ventures to host a Startup Pitch Competition during San Francisco Climate Week | MPC Stock News

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Apr 22, 2025
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  • Pegasus Tech Ventures is set to host a Startup Pitch Competition on April 23, 2025, during San Francisco Climate Week.
  • The event is co-sponsored by Marathon Petroleum (MPC, Financial) and focuses on innovative solutions in energy and climate technology.
  • The winning startup will advance to compete for a $1,000,000 investment at the Startup World Cup Grand Finale in Silicon Valley.

Pegasus Tech Ventures, a global venture capital firm, will hold a Startup Pitch Contest during San Francisco Climate Week on April 23, 2025. The competition will spotlight emerging energy solutions, allowing innovative startups to showcase their groundbreaking technologies in areas like energy industry modernization, energy supply chain optimization, artificial intelligence, machine learning, and climate technologies.

The winning startup from this event will earn an exclusive invitation to the Startup World Cup Grand Finale, happening on October 17, 2025, in Silicon Valley. Here, they will go head-to-head with over 100 regional champions from around the globe for a chance to secure a staggering $1,000,000 investment.

Cosponsored by Marathon Petroleum Corporation (MPC, Financial), the competition underlines MPC's dedication to advancing innovation and sustainability in the energy sector. The collaboration between Pegasus Tech Ventures and Marathon Petroleum aims to identify and invest in promising technology companies, enhancing MPC's commitment to strengthening operational performance and embedding sustainability throughout its value chain.

"As the global leader in Venture Capital-as-a-Service, Pegasus Tech Ventures partners with companies like Marathon Petroleum to complement corporate innovation by tapping into the breakthrough solutions being developed by entrepreneurs worldwide," said Anis Uzzaman, Founder and CEO of Pegasus Tech Ventures.

Pegasus Tech Ventures manages over $2 billion in assets and offers venture capital as well as corporate partnerships to transformative technology enterprises worldwide. The firm has invested in companies like SpaceX, OpenAI, Airbnb, and others, leveraging a unique Venture Capital-as-a-Service model for corporations looking to collaborate with cutting-edge startups.

More details about the Startup World Cup and the list of upcoming events can be found on their official website.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.