SparkLabs Taipei, a Taiwan-based accelerator programme, has announced the eight startups graduated from its fourth batch, in a demo-day event held in the capital city.
These startups came from diverse industries, from financial blockchains to smart logistics.
Edgar Chiu, Co-founder and Managing Partner of SparkLabs Taipei, said: “The global economy in 2020 has been greatly affected by the recent pandemic, and it has unexpectedly created a unique foothold for Taiwan’s entrepreneurs.”
“Some of the industries covered by the startups at DemoDay 4 include telehealth, e-commerce, and 5G infrastructure, which is aligned with the recent trends of the global technology industry. In fact, many major technology companies are currently seeking strategic partnerships and investments in these industries,” he added.
The startups are:
EMQ: A fintech platform that enables global businesses and individuals to access real-time, affordable and efficient cross-border payments.
Pickupp: A data-driven, AI-enabled logistic platform to supporting merchants with flexible and cost-effective solutions.
OakMega: A SaaS platform offering omni-channel instant messaging CRM solutions for businesses.
Kneron: A tech hardware firm providing Artificial Intelligence solutions.
Tresl: An e-commerce data analytics platform.
Aegis Custody: A blockchain financial services company specialising in providing secure and user-friendly solutions for enterprises.
TMYTEK: A 5G infrastructure provider.
PenguinSmart: A digital healthcare platform that enables individualised rehabilitation therapy.
Established in 2o18, SparkLabs Taipei assists Taiwanese startups in international expansion and foreign startups in entering the domestic market. It also partners with large enterprises and multinational companies to source technology talent and identify potential startup strategic investments and acquisitions.
The programme has accelerated four cohorts since inception and invested in a total of 26 startups. SparkLabs Taipei alumni have attracted funding from investors, including Taiwan’s National Development Fund, Japan’s NEC Capital Solutions, and Hive Ventures.
Taiwan has managed to escape the brunt of the global pandemic and has reaped the economic benefits of it. Posting a positive economic growth in 2020, it has seen its startup ecosystem flourish as foreign companies increase their investments in Taiwan. Thereby, positioning itself as a growing hub for international capital, talent and digital technology.
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Image Credit: SparkLabs Taipei
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