Where you prove your startup is the next big thing.

get in front of real investors, compete for funding & fast-track opportunities

lightning round iv

[ DATE ] april 17, 2025

 [ format]  virtual

This is your chance to stand out, secure funding, and scale fast.

Pegasus and Innovent Capital join forces to bring a powerhouse network of top angel investors, VCs, and industry leaders looking for the next breakout startup.

Get exposure, funding, and traction by pitching in front of decision-makers who don’t just watch - they invest!

Winners get fast-tracked to Pegasus’ Accelerate Due Diligence round, unlocking real capital and strategic growth opportunities. 

Meet the Judges

  • Jesse Draper

    Founding Partner, Halogen Ventures

    Jesse backs early-stage consumer tech companies led by women. As 4th generation VC and the first solo female GP in LA, her 75+ portfolio includes The Skimm, Babylist, and ThirdLove. She’s the Emmy-nominated creator of The Valley Girl Show, host of MOMumental Podcast, and a vocal advocate for women in tech. Named one of Inc.’s Female Founders and one of Business Insider’s top early-stage female investors, Jesse is also a Kauffman Fellow and sits on several boards, driving impact through innovation, advocacy, and unapologetic leadership.

  • Dr. Min-Yi Shih

    Chair of Due Diligence Committee, TCA LA

    Dr. Min-Yi Shih is a seasoned technologist and business leader with a Ph.D. in Electrical Engineering and an EMBA from UCLA Anderson. He’s held executive roles across R&D, defense, medtech, and communications, with expertise spanning AI, optoelectronics, AR/VR, and renewable energy. Known for turning innovation into commercialization, he has secured significant non-dilutive funding and led high-impact ventures. Dr. Shih currently chairs the Due Diligence Committee at TCA LA.

  • Carmen Palafox

    Managing Partner, 2045 Ventures

    As the Founder and Managing Partner at 2045 Ventures, Carmen invests in early-stage tech startups across climate, fintech, health, SaaS, and consumer. A former VP at Dimensional Fund Advisors, she brings 20+ years of finance expertise and has been recognized by the NVCA, Venture Forward, and LA Magazine as a top voice in VC. Carmen also teaches venture capital at USC Marshall and holds degrees from Berkeley-Haas, USF, and USC.

  • Brian Ray

    Chief AI Officer, Eviden

    Brian leads global AI strategy and innovation. With a background spanning Deloitte, Oracle, and real-time AI systems, Brian brings deep expertise in ML, cloud, and full-stack development. He’s a Google Developer Advisory Board member and speaker at Google Next, Caltech, and AILA. Known for his engaging talks on GenAI, Responsible AI, and the real-world cost of ML, Brian blends technical mastery with practical insights that move the needle.

  • Capital & Network: With a combined investor base spanning hundreds of accredited angels and early-stage VCs, we provide startups direct access to decision-makers who write checks.

  • Accelerated Growth: Pegasus has helped startups achieve 1,253% MRR growth, while Innovent Capital specializes in backing disruptive early-stage companies that transform industries through technology. Together, we don’t just invest—we help founders execute and scale.

  • Proven Path to Success: Startups that stand out in this competition don’t just win a pitch event—they gain a fast track to Pegasus’ Accelerate Due Diligence round, positioning them for serious investment and long-term support.

Why pArticipate?

competition overview

  • Open to early-stage tech startups solving real problems with scalable, venture-backable solutions.

  • Applications will be narrowed down to the top 5 finalists based on (a) clear and growing market opportunity for their solution; (b) strong early-traction signals; and (c) founders’ domain expertise and execution ability.

  • Founders will have 5 minute to pitch over Zoom, followed by 5 minutes of Q&A.

    Judges evaluation criteria:

    (1) Pitch Clarity: can the founder clearly communicate the vision, problem and solution;
    (2) Investor Readiness: Is this startup at stage where investors would seriously consider funding?
    (3) Potential Impact & Scalability: Can this become a category-defining company?

  • The winning startup is fast-tracked to Pegasus’ Accelerate Due Diligence round, giving them direct access to potential investment, mentorship, and our national investor network.

    Besides also receiving $1M in exclusive perks package, and being spotlighted in our monthly investor and LP newsletter and social media channels.

  • These are the five best companies I've seen in the last two years. I would take them all into diligence.

    Pasadena EC Member

past rounds winners

Current & Previous Participating Firms

  • Crosscut Ventures