Singapore-based venture capital fund Expara announced the list of 15 startups that are participating in its Expara VirTech Global Accelerator programme, which was launched to search for companies building solutions for a post-pandemic world.
The list includes the following Southeast Asia (SEA)-based companies:
XCLR8 Technologies Pte Ltd
Based in Singapore, the company develops wearable sensors and applications to enable remote physiotherapy.
Healthzilla: Healthy Habits
Also based in Singapore, the company uses data from wearable products to help users make sense of their stress level and build healthy habits.
MiNeed Technology
Based in Thailand, the startup builds a transdermal drug delivery platform.
BrainPoolTech
Last but not least, from Singapore, the company is a risk management platform that uses drone technology to assess and analyse potential risks in a location.
Also Read: Thai buffet app Hungry Hub secures US$450K funding from Expara, 500 Startups
Outside of the SEA region, the programme takes in startups from other regions such as Europe, the Middle East, and South Asia:
1. Gheorg (Australia), mental health platform
2. Facense Ltd (Israel), wearable technology
3. Car Scanner (Poland), robotics
4. SENSE Software (Poland), IoT
5. Adappt Intelligence Inc (India), IoT
6. XpertFlow LLC (Pakistan), digital healthcare
7. Scudo (US), risk management
8. Insignes Labs (Poland), chemical
9. DjinnSensor – IoT, sensors, data cloud service (Belarus), smart building
10. Omnious Nanobiosciences (Sweden), diagnostic
11. WeavAir (Canada), smart building
The Expara VirTech Global Accelerator programme is launched almost half a year ago; it is dedicated to startups who are developing products and services to help address the pain, problems and economic and societal disruption caused by COVID-19 and potential future pandemics.
This involves detection, information, prevention and protection, and mitigation.
Also Read: 500 Startups, IIX, Expara Ventures invest in fintech social enterprise Salutat
For the past three months, the startups had gone through programme that consists of weekly workshops and mentoring sessions. It will also receive funding of up to US$50,000.
“We launched this accelerator because the 2020 pandemic should be a wake-up call for the hyper-connected world to our vulnerability to pandemics in the 21st century. We will never go back to the way things were in 2019 – that world is gone forever,” Expara CEO Douglas Abrams said in a press statement.
“The probability of a potentially worse pandemic in the future is 100 per cent; it is just a question of when it will happen. Hopefully, we will build a much better new normal starting today and be much better prepared for the next outbreak, in part due to new products and services created by startups,” he continued.
The demo day, where the startups will pitch to local and global investors, will be held virtually on September 23.
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Image Credit: Expara VirTech Global Accelerator
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