Production / Operations
Victory Square Partner Alex Chieng Wins World's Largest AI Hackathon - from Pet Tech to Times Square

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Executive Summary
- Victory Square Technologies Inc. announces that Alex Chieng, CEO of its portfolio company Pawsible Ventures, won the world's largest AI hackathon hosted by Bolt.New.
- The winning project, "Loafie," is an AI-powered emotional support app designed for founders and high-performers, which was built and launched in under two weeks.
- The win highlights the capabilities of Pawsible Ventures, a venture studio backed by Victory Square focused on pet wellness, AI, and health-tech, reinforcing the company's strategy of backing visionary builders.
Key Details
- Hackathon Winner: Alex Chieng (CEO, Pawsible Ventures) named a winner of the Bolt.New hackathon, which attracted over 100,000 builders from 150+ countries.
- Winning Project: "Loafie," an AI-powered emotional support app providing encouragement to users dealing with burnout and stress.
- Project Status: The app was built end-to-end in under two weeks, is live on the App Store, and will be featured on digital billboards in Times Square.
- Portfolio Context: Pawsible Ventures is a Victory Square-backed company led by Chieng, focusing on launching startups in pet wellness, AI, and health-tech.
- Strategic Alignment: Victory Square CEO Shafin Diamond Tejani stated the win proves Alex Chieng is "world-class" and validates the venture studio model of backing founders who can move fast.
- Company Background: Victory Square is a venture builder with a portfolio of 25+ companies in sectors including AI, Digital Health, and Blockchain, aiming to provide liquid investment exposure to early-stage tech.
Notable Quotes
- "Loafie was a creative reset — something kind, calming, and personal I could build quickly," said Alex Chieng. "After years in fast-paced pet health tech, I wanted to test how intentionally I could go from idea to reality. That same speed and empathy are now at the heart of what we're building with Pawsible Ventures."
- "Alex is the kind of founder who doesn't just see the future — he builds it, fast," said Shafin Diamond Tejani, CEO of Victory Square Technologies. "Winning the Bolt hackathon proves what we already knew: that Alex is world-class. And with Pawsible Ventures, we're backing his mission to find and empower the next generation of visionary builders in pet health and beyond."
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Jun 02, 2026 · 00:03