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Here are the most promising startups in the 5G space

New and emerging technologies require those who are brave enough to venture into it. As we enter the 5G era, one particular institution is spearheading initiatives that provide opportunities to innovate into the space. Asia Pacific Telecom (APT), through the APT 5G Accelerator, hopes to inject new creative resources, promote new innovations, and initiate international exchanges for and between startups developing solutions powered by 5G.

In the recently concluded APT 5G Challenge 2021, three startups shined as they showcased their solutions and kickstarted their journey to innovation in 5G.

Fabrik, a solution that provides companies with a single, constantly updating platform to manage information for better maintenance of their assets, bagged the Gold Award.

Hi Health Technology, a motion interactive streaming platform that records and analyses motion data for better health monitoring won the Silver Award.

Also read: Leading Aichi into the future with collaborations and innovations

MyProGuide, an online platform that lets licensed tour guides market their services and reach a wider audience, won the Bronze Award.

The top three startups get the opportunity to access APT 5G Accelerator resources such as a 5G lab to further develop their solutions, connection opportunities with partners, and digital platform resources to market their products, as well as support to expand in Taiwan including cash bonuses up to NT$250,000.

Minimo Tech, a Smart IoT-powered retail platform that offers brands and companies a merged online and offline solution, also won a Special Award from APT.

Other participating startups include:

Lichen Ads – a company offering mobile out-of-home digital advertising services leveraging the gig economy.

Ficus Data – AIoT powered handwashing analysis that aims to help hospitals, clinics, schools, and other medical institutions maintain consistent hygiene standard and increase the risk of infection.

Fonebud IoT – Mobile sharing assistant that integrates with WiFi hotspots, language translator, powerbank, and up-to-date travel information to address usual travellers’ challenges.

Fleetroot – Platform that enables businesses to rapidly deploy last-mile logistics, mobility, and fleet management solutions at scale.

The winners were chosen by a panel of judges consisting of key stakeholders in the 5G space in Taiwan and Southeast Asia: Barry Chen, Director of APT 5G Accelerator; Dr. Srihathai Prammenee of AIS The Startup, AIS Corporate Business Group Advanced Info Services; Carmela Del Gallego, Director for Product Innovation of Globe Telecom; Kelvin Wu, Vice-President of WI Harper Group; Yvonne Chen, Founder of Ceres Capital; Kate Chen, CEO of Smart Capital; and Kevin Wu, Consultant at APT 5G Accelerator.

Also read: How this Taiwan-based company adds purpose to your purchase

Co-organising the event is the SME Division of the Ministry of Economic Affairs, a government arm designed to create an environment that is beneficial to the establishment and growth of Small and Medium Enterprises in Taiwan; with the assistance of partners, AIS Startup and Globe Telecom; and community partner, Malaysia Global Innovation & Creativity Centre.

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Technology photo created by freepik – www.freepik.com

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