The Startup Investor Summit with Ideathon was held from 18th to 20th April 2024 at Bangalore Bioinnovation Centre (BBC), Bengaluru. It was a pivotal event aimed at bringing together innovative startups, investors, mentors, stakeholders, academic institutions and students from the entrepreneurial ecosystem. This event served as a platform for startups to showcase their ground breaking ideas, connect with potential investors, and foster collaborations crucial for growth and success.

 

Bangalore Bioinnovation Centre Founders day and investor summit 2024 was inaugurated by Padma Bhushan Prof.G.Padmanaban, Honorary professor in the Department of Biochemistry at Indian Institute of Science (IISc) and Chancellor of Central University of Tamil Nadu. Dr.Jitendra Kumar, Managing director of Biotechnology Industry Research Assistance Council (BIRAC), Dr. Taslimarif Saiyed - Managing director/CEO of Centre for Cellular and Molecular Platforms (C-CAMP), Mr Narayanan Suresh, COO of ABLE - Association of Biotechnology Led Enterprises, Dr H S Subramanya i, Director of Institute of Bioinformatics and Applied Biotechnology (IBAB), Dr Jayarama S Kadandale of Centre for Human Genetics, Dr Narayanan Madaboosi Srinivasan of Indian Institute of Technology-Madras, Dr Mayil vahanan Bose of Cancer Institute Adyar, Dr. Dinesh Palanivelu, Head India R&D of Thermo Fisher Scientific along with investors including and many more participated on 18th April 2024. They all spoke at the inaugural session.

Dr Jitendra Kumar traced the events leading to the formation of BBC and the various interesting anecdotes associated with the institution. Mr Suresh, highlighted some of the highly innovative products such NexCAR19 gene therapy developed by IIT-Bombay startup, ImmunoAct and few other such success stories.

A total of 37 investors (Angels and Venture capitals) and 3 family offices participated. 369 startups had registered for the BBC investor summit, Where 129 startups were selected and they pitched their ideas to the investors. Seven Venture capital firms in association with Bangalore Bioinnovation Centre (BBC) launched cohorts in the BBC to complete the investment cycle for the selected startups.

Along with interactive guest lectures, pitch sessions, investor networking, product showcases, Product Demo, ideathon, hackathon and many more events happened on 19th April 2024. Around 600+ participants visited and participated in the event.

Mr Suresh, highlighted some of the highly innovative products such NexCAR19 gene therapy developed by IIT-Bombay startup, ImmunoAct and few other such success stories.