The Panasonic Deep Tech Innovation Challenge has reached its conclusion, with Demo Day successfully being held between 28th July to 30th July 2020. Launched in April 2020, Panasonic’s innovation call sought to collect ideas from local businesses to develop technologies and launch new businesses with Panasonic’s smell detection technologies. These technologies are unique in being able to detect smell and visualise the relevance of that to human’s life.
The technologies in the challenge include Panasonic’s Odor Sensing technology ,which have many commercial applications in industries such as healthcare, food manufacturing, industrial safety. Other than that, Panasonic’s Skin Gas Sensing technology also has deep expertise in stress detection by human skin-gas sensing which is relevant in many setting such as in the workplace, schools and homes.
This challenge was rolled out as part of Panasonic’s vision to utilise its technologies to bring impactful solutions to existing social and customer issues. Panasonic hopes to co-create new solutions and potentially launch businesses that can deliver its technology to make a significant difference to existing and new issues.
In collaboration with the Action Centre for Entrepreneurship (ACE) and ICMG to identify suitable partners, the challenge attracted over 32 project proposals in total. 7 finalist teams pitched their business ideas to a jury panel composed of experts from Panasonic Corporation (Japan), Panasonic R&D Centre Singapore and ICMG. The judges were thoroughly impressed by the quality of ideas generated by participants and finalist.
After careful deliberation, two teams were selected as Final Winners for each challenge respectively. The finalist who presented in Challenge 1 showcased ideas that were applicable in different industries ranging from Hospitality to Supply Chain Logistics where Panasonic will collaborate to co-create and launch new solutions to critical customer issues.
Also Read: Beyond COVID-19: A new era for deep tech startups
The winners
The following are the top two prize-winners for Panasonic Deep Tech Innovation Challenge 2:
Cogniant.co, represented by Neeraj Kothari, is remote patient monitoring platform for chronic health conditions which uses behaviour analytics for outcome based tracking and preventative care. Cogniant.co’s vision for Panasonic’s business opportunity is to co-create measurements of stress through health data.
ELXR, represented by Steffan Fung, offers innovative and personalised solutions that harness the power of sports technology and science including ELXR Personalised Cloud Sports Club and ELXR Sports DNA Test Kit. Their idea includes integrating stress detection into their solution to provide a new angle of evaluation and enhancement of their complete solution.
Panasonic Deep Tech Innovation Challenge has finally reached a close with the conclusion of Demo Day! We would like to thank all participants for your support and contributing with your innovative ideas. Do continue to keep a look out on our social media for exciting new developments and innovation challenges in the future!
Also Read: Develop new solutions and technologies with Panasonic Deep Tech Innovation Challenge
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This article is produced by the e27 team, sponsored by
Panasonic
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