Taiwan Startups Shine at Web Summit 2022, Estimated Total Profit is More than $10M
Merxwire 10 Nov 2022, 23:05 GMT+10
Taipei, Taiwan (Merxwire) - Since 2018, Small and Medium Enterprise Administration of the Ministry of Economic Affairs in Taiwan has been promoting the "G Camp" which is the project provides comprehensively professional training, including global fundraising, negotiation skills, and international marketing capabilities through the experienced international mentors. G Camp has nurtured more than 92 startups and created more than US$10 million in business profits. This year, 8 finalist startups which are AIPLUX, AiSeed, Asiabots, FaceHeart, Panelsemi, SiriuXense, Uniigym, and VMFi were selected from the 6th G Camp to head forward Web Summit 2022 for exploring business opportunities in global market.
Showcasing Taiwan's Innovative Technologies and Entrepreneurial Capabilities
Web Summit is one of the largest annually innovation and technology exhibition over the world. Over 70,000 attendees from more than 160 countries attended the Web Summit, includes more than 1,200 investors and 2,500 media participants, bringing huge business benefits to Taiwan's exhibitors. Especially, Asiabots stood out from more than 2,000 startups worldwide to be selected officially by Web Summit as the Top 105 to pitch on the global stage. Furthermore, AiSeed reached potential investors and might fundraising for more than $5M, also VM-FI has been seen by TED Talk to develop further partnerships.
Not only granting the startups to participate in Web Summit, but also helping with connecting the startup communities along the world. Within duration in Lisbon, visiting local startup-ecosystem-related organizations, such as Fabrica de Startups, Dengun Startup Studio, Startup Lisboa and Beta-i, as well as venture capital HP Tech Ventures and 3x Capital, to accelerate deployments in European market and access to international fundraising opportunities through business and investment matchmaking. Also, the "Taiwan Web Summit Pitch Night" is an international networking event attracts more than 120 international venture capitalists, corporate representatives, accelerators, and media partners to interact with Taiwan's startups. Successfully help startups to expand their horizons and strengthen of international networking. Estimated total profits would be more than $10M through the whole journey in Lisbon.
In the face of global competition, innovation is not only a driving force for industrial transformation but also a key indicator for standing firm in the international market. The Small and Medium Enterprise Administration of the Ministry of Economic Affairs in Taiwan will continue to allocate resources to nurture startups in Taiwan for them to take root in Taiwan, go global, and become the next unicorns.
Traditionally, IP firms contract foreign agents to process transnational trademark filings and charge their clients a multi level fee. AIPLUX integrated the entire service online for trademark application in Taiwan, the United States, and China, so everyone can enjoy the one-stop service with lower fee to get the official IP protection easier. More information please visit: aiplux.com
AiSeed Technology focuses on high tech applications and designs high efficiency, high energy saving edge computing systems and artificial intelligence algorithms for UAVs, combined with UAV flight control systems, to practice real time image recognition analysis and AI data processing for UAV applications. More information please visit: aiseedtech.com
Asiabots (Selected by Web Summit to PITCH)
Asiabots focuses on developing artificial intelligence voice technologies, has launched various products which are A.I. Ambassador, Voicebot , and Chatbot . It's great for users to have natural conversation with personalized, human like A.I. and provides instant support to customers during customer service. More information please visit: www.asiabots.com
FaceHeart (Selected by Web Summit to SHOWCASE)
FaceHeart Vitals SDK empowers family and personal devices to measure users' heart rate, heart rate variability, blood pressure, and many other health indicators. FaceHeart Vitals can collect your vital signs remotely at any time. These health indicators can be measured chronically, as users can take advantage of data analysis to understand their health status. More information please visit: faceheart.com/company
PanelSemi is solution provider for PanelSemi conductor to facilitate innovation development applying TFT LCD Eco system. PanelSemi provides world No.1 Panel Foundry Business Model ( PFBM), starts with novel Active Matrix Mini LED solutions and offers advanced integrations of semiconductor chips, sensors, MEMS devices. More information please visit: panelsemi.com
Based on scientific insights and hybrid sensors, UniWhale Smart Baby Tag miniaturizes a stethoscope into an IoT device to be easily worn on the baby's abdomen. By listening to the baby's heartbeat, breathing, and bowel sounds, parents can immediately know the baby's vitals, excretion status, and even sleep stage at home. UniWhale helps parents react appropriately to protect the vulnerable newborns and reclaim their sleepless nights. More information please visit: www.siriuxense.com
Uniigym provides a combination of online and offline artificial intelligence cloud interactive somatosensory technology services, with home and various sports spaces, allowing consumers to enjoy a professional and recreational fitness experience anytime, anywhere with the lowest entry threshold. More information please visit: uniigym.com
VM-Fi , Smart 5G Blazing Fast AI Speech Translation System which is using 5G & AI to have blazing speech translation within one device turnkey solution that can broadcast to 100 audiences' mobiles at your venue in 10 mins. More information please visit: www.vmfi.net