SILICON VALLEY, Calif.--(BUSINESS WIRE)--Oct 22, 2026--
Startup World Cup, the global startup pitch competition organized by Pegasus Tech Ventures, today announced the venture capital investors who will serve as judges at the 2026 Startup World Cup Grand Finale, taking place on November 6, at the Hilton San Francisco Union Square.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261022592521/en/
The 2026 judging panel will include prominent investors from across the venture capital ecosystem, bringing experience in company building, investment strategy, and evaluating emerging technologies. Their participation underscores the competition’s role in connecting entrepreneurs with the investors and industry leaders who help shape the next generation of innovative companies.
The announced venture capital judges include:
The judges will evaluate startup finalists on their business models, market opportunities, competitive differentiation, growth potential, and ability to execute. Drawing on their investment experience, they will help identify the company best positioned to turn an innovative idea into a scalable business.
For participating startups, the Grand Finale offers an opportunity to present their companies to an audience that includes venture capitalists, corporate executives, technology leaders, and strategic investors. Beyond the competition itself, the event creates opportunities to build relationships, gain exposure, and initiate conversations that may lead to future investment and commercial partnerships.
The Grand Finale brings together 200 regional champions selected through Startup World Cup events held around the world. After competing in regional competitions, the entrepreneurs will gather in Silicon Valley to compete for a $1 million investment prize, awarded to the overall winner.
“Venture capitalists play an important role in identifying the companies and technologies that will define the future,” said Anis Uzzaman, Founder and CEO of Pegasus Tech Ventures. “Bringing experienced investors together with promising entrepreneurs from around the world creates a valuable setting for discovering new opportunities and building connections across the global innovation ecosystem.”
The three-day Startup World Cup events will feature startup pitches, a Corporate Innovation Seminar, networking opportunities, and gatherings connecting founders, investors, corporate decision-makers, and technology leaders. The program will culminate on November 6 with the final competition and announcement of the winner.
Event Details
Semi Finals (Day 1): November 4, 2026 | 9AM - 6PM
Semi Finals (Day 2): November 5, 2026 | 9AM - 12PM
Corporate Innovation Seminar: November 5, 2026 | 2PM - 5:30PM
Grand Finale: November 6, 2026 | 9AM - 6PM
Networking Party: November 6, 2026 | 6PM - 8:30PM
Location: Hilton San Francisco Union Square
For event details, registration, and updates on the 2026 Startup World Cup, please visit:
Registration: https://swcgf26.eventbrite.com
Startup World Cup Grand Finale: www.startupworldcup.io/grand-finale
About Pegasus Tech Ventures
Pegasus Tech Ventures is a global venture capital firm and leading provider of Venture Capital-as-a-Service (VCaaS) solutions. The firm partners with corporations to access emerging technologies, make strategic investments, and advance Open Innovation initiatives through its global network. Pegasus manages over 40 funds and over $2 billion in assets and has invested in more than 300 startups, including SpaceX, OpenAI, Anthropic, Airbnb, Coinbase, and X (formerly Twitter). For more information, please visit www.pegasustechventures.com
About Startup World Cup
Startup World Cup is the number one global startup pitch competition hosted by Pegasus Tech Ventures, connecting the world’s most promising startups with leading investors, entrepreneurs, and corporate innovators. With 200 regional competitions across six continents, founders have the opportunity to showcase their companies, expand their networks, and compete for a $1M investment prize at the Grand Finale in Silicon Valley. For more information, please visit www.startupworldcup.io
Startup World Cup Announces Venture Capital Judges for 2026 Grand Finale
Recent efforts to throttle Ukraine’s access to satellite systems have created a blame game of sorts among Trump administration officials and their allies, who have offered mixed messages about what led to the sudden restrictions on Kyiv's ability to intercept Russian strikes.
The limitations placed on Starshield — SpaceX’s military-grade version of the Starlink satellite internet service and the backbone of Ukraine’s drone operations and communication — last week alarmed the country's military and government officials, with commanders reporting lost drones and disrupted missions. After days of handwringing, President Donald Trump asserted Thursday that the service is running again at full speed.
However, a senior European official familiar with the situation on the ground in Ukraine said Thursday that nothing has changed in the operation of Starshield, with its speed cap still set at about 100 mph (160 kph). Ukraine has not received a clear official explanation of who ordered the restrictions or why, according to the official, who was not authorized to comment publicly and spoke on condition of anonymity.
The episode and subsequent lack of accountability have sent shock waves through Russia hawks and Ukraine's allies on Capitol Hill. Democratic Sen. Richard Blumenthal announced a new inquiry into how the technologies were slowed down for Ukraine’s defense systems.
Questions have percolated since last week about who ordered the interruptions to the Elon Musk-made satellite internet system that Ukraine has relied on for years to counter Moscow's attacks.
Trump, as recently as Thursday, has maintained that he didn’t make the call. Vice President JD Vance has hinted at White House coordination with Musk, while Secretary of State Marco Rubio and Defense Secretary Pete Hegseth have denied any administration involvement.
Musk — one of the GOP's biggest donors and a Trump ally — indicated that because Ukraine was using the military-grade version of his technology, questions about the service should be directed to the Pentagon.
Here are the players in their own words:
Over the last week, Trump has repeatedly told reporters that he didn’t order restrictions on a satellite communications system used by Ukraine’s military, causing its drones to lose speed.
The president also earlier doubted the disruption came from Musk, formerly a close adviser and frequent companion.
“Well, I don’t know if it was anybody, but it wasn’t me, and I don’t think it was Elon,” Trump said Friday. “And from what I understand, it’s the same as it’s always been.”
On Thursday, Trump appeared to confirm that the service had been down and claimed that it was once again working at optimal speeds. The Wall Street Journal reported that Musk had agreed to lift restrictions, and Trump demurred when asked if he had requested to lift the cap.
“You know, whether I called or whether somebody else called, doesn’t make any difference,” Trump told reporters. “I guess the bottom line, he put it back.”
In Cincinnati on Thursday, Vance was asked about Musk’s involvement in the slowdown of Starlink and Starshield in Ukraine and whether it warranted an investigation.
“I think that fundamentally, Elon Musk runs a private corporation,” Vance told reporters. “And I think it’s completely understandable that he doesn’t want to get in the middle of what is a war between two state actors without the United States government effectively directing him on what to do.”
Vance continued: “So I don’t think this is about Elon. I think it’s fundamentally what is America’s policy in Ukraine and Russia going to be.”
Rubio has insisted that the Trump administration and the U.S. government more broadly had nothing to do with interruptions to Ukraine’s access to crucial satellite data.
Speaking to reporters in India on Wednesday, Rubio said for the third time in four days that any throttling of network access to Ukraine was not directed or ordered by Trump or anyone else in his administration. He suggested, though, that the owner of the system — Musk — may have been involved.
“What I can tell you with certainty is the president of the United States nor anyone in our system ever requested that any changes to that system be made, and that’s what we said repeatedly,” Rubio said. “The president has nothing to do with the decisions that are made by Starlink and Starshield and by Mr. Musk. That’s a private company. The president doesn’t run that company and can’t direct that company to do anything.”
Hegseth has echoed Rubio's comments, denying on Tuesday any American role in slowing down the satellite internet service while also pushing the responsibility to Musk's company.
“We haven’t pulled anything back,” Hegseth told reporters, before adding that “there are terms of service that ultimately need to be complied to.”
He offered no elaboration on what terms of service Ukraine needed to comply with but said that “Starlink has the option to make those decisions.”
Musk, the world's richest man and leader of the company behind Starlink and Starshield, last week put the onus on the Trump administration.
“Starshield systems are owned and controlled by the US government. Any limits on speed or usage are decided by the US military and ultimately POTUS,” he wrote Oct. 14 on X.
“Starlink is a commercial service owned and controlled by SpaceX. Usage of Starlink is limited to civilian or defensive activities and cannot be used for offensive military action, as doing so would be inappropriate for a commercial company,” Musk added.
The wartime president has been working to reverse the restrictions imposed without warning last week.
Shortly after the systems failed to work, Zelenskyy said that there were no similar restrictions in European Union countries and that they apply only to Ukraine. “In other words, this is a planned operation,” he said.
Zelenskyy spoke to a bipartisan group of U.S. lawmakers Monday, saying in a video of the briefing posted to social media that “we still face speed restrictions on Starlink and Starshield services in different parts of the front, and we still have no explanation for this. Just different strange stories.”
In an interview Wednesday on “Fox & Friends," Zelenskyy said that Starlink connectivity is still limited in Ukraine and that he was told by Rubio he would work to “unblock” the slowdown.
Amiri reported from New York and Arhirova from Kyiv, Ukraine. Associated Press writers Aamer Madhani, Seung Min Kim, Konstantin Toropin, Matthew Lee and Lisa Mascaro in Washington contributed to this report.
U.S. Secretary of State Marco Rubio arrives to speak with members of the media at the Taj Mahal Palace hotel in Mumbai, India, Wednesday, Oct. 21, 2026. (Kylie Cooper/Pool Photo via AP)
President Donald Trump speaks at a campaign rally at the T. Ed Garrison Arena, Wednesday, Oct. 21, 2026, in Pendleton, S.C. (AP Photo/Julia Demaree Nikhinson)
Ukraine's President Volodymyr Zelenskyy answers media questions before his meeting with Finnish Prime Minister Petteri Orpo in Kyiv, Ukraine, Thursday Oct. 22, 2026. (AP Photo/Efrem Lukatsky)
