Entrepreneur First (EF) has unveiled the six deep tech startups selected as part of its eighth cohort, the result of a programme that was held virtually for the first time during the COVID-19 pandemic.
According to the company, the startups received online guidance and training from EF’s Entrepreneurs-in-Residence and its team of venture partners.
EF is a talent invstor that backs individuals instead of fully formed startups. It claims to have helped over 2,000 individuals on its programme, who have gone on to build more than 200 companies with a total valuation exceeding US$1 billion.
This news also comes after EF showcased its seventh cohort of nine deeptech companies in July last year that solved problems across diverse industries such as biotech, fintech, and energy-tech.
Below is a brief description of the eight startups:
Airboxr
A no-code analytics tool for business users to consolidate and analyse data across multiple sources within their spreadsheets.
Nanofy
Leverages nanotechnology to create “self-disinfection” nanomaterials that kill microbes on contact through the absorption of visible light.
Also Read: New Antler-NUS initiative to nurture deeptech talents, to invest in 30 startups annually
Peakflo
A SaaS platform that improves cash flow liquidity for B2B SMEs through a B2B pay later solution, saving SMEs two to five per cent of their revenue. Peakflo has secured term sheets from lead investors and is looking to close their round with follow-on funding.
Project Nomi
Connects drivers with insurance companies to receive insurance risk analysis and premium pricing, delivering cost savings for drivers and improving road safety through smart coaching. Project Nomi has secured seed funding and has closed their round. The team is working on securing additional funding this year.
Sepsitron
A point-of-care and portable solution for on-the-spot diagnosis of infectious diseases.
Twurs
Empowers travel businesses with customizable and modular management software that assists with real-time bookings and reselling services.
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Image Credit: Entrepreneur First
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