The esteemed platform 100 Open Startups, in collaboration with Connect, has unveiled its inaugural 100 Open Startups ranking in the region. Notably, DeepSea Developments emerges as the leader in the Internet of Things category.
Renowned for its promotion of open innovation, 100 Open Startups celebrates the symbiotic relationship between startups and corporates across the area. With its origins dating back to Brazil in 2016, this influential ranking now extends its reach beyond borders.
Distinguished by its quantitative approach, this ranking dispenses with subjective evaluations. Instead, it objectively quantifies the extent and impact of open innovation partnerships and contractual agreements forged between startups and companies.
In accordance with the esteemed 100 Open Startups Ranking, DeepSea Developments secures the top position within the Internet of Things sector. This recognition underscores their pioneering work in the realm of IoT and their steadfast assistance to corporations spanning the United States, Canada, Spain, among others.
What is the Internet of Things category?
This category measures outstanding companies that have designed and developed internet-connected objects (hardware) that can gather data and transfer it to wireless networks. IoT can be applied in different sectors, such as healthcare, E-mobility, smart cities, smart devices, agriculture, and consumer electronics (See why is IoT important).
188 startups and 100 companies took part in the 100 Open Startups’ call. They evidenced 916 open innovation relationships, which moved around 6 million dollars, with an average investment of 51 thousand dollars per development. DeepSea Developments reached position number 6 out of 188 startups.
DeepSea Developments has entered the 100 Open Startups Ranking thanks to its outstanding performance and its increasing relationship with different companies of the American continent. DeepSea Developments has provided great assistance in developing the businesses of entrepreneurs that need to design, test, and launch new devices in specific markets.
What is open innovation?
The open innovation model is an instrument to strengthen the relationship and cooperation between companies, startups and investigation centers. This allows the co-creation of new solutions that respond to specific needs of the market.
Some words of our CTO, Nick Velasquez, in gratitude for the results of the 100 Open Startups Ranking recognition for DeepSea Developments.
