AppWorks Accelerator today hosted a demo day event featuring the 12 startups that have participated in the programme. Hosted virtually, the 24th demo day event featured startups that focus on the verticals of AI/IoT and Web3, and that is targeting the Southeast Asia market in their operations.
In a press statement, AppWorks said that the 24th batch officially kicked off in March, featuring 24 teams and 51 founders from 12 different home markets, including Indonesia, Thailand, the US, Singapore, and Hong Kong with 17 Taiwan-based teams. The batch included 10 female founders (20 per cent of the participants) and 20 serial founders (42 per cent). Half of the batch’s founders are building projects for the Web3 era.
“As investors across historical cycles in traditional and crypto startups, we’ve seen the rise and fall of trends—as well as dramatic shifts that permanently alter the way founders and companies innovate and iterate products. With macro and geopolitical headwinds playing a dominant role in shaping market dynamics, we are now at the beginning of a new cycle, representing a shift in attitudes towards early-stage value creation across all market verticals and geographies,” said AppWorks Partner Jessica Liu.
“With AW#24, we’re seeing many exciting innovations in web3 and traditional startups, creating powerful new ideas for the next cycle of innovation and entrepreneurship.”
The programme will also include a live in-person Demo Day on July 14 in Taipei.
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The following is the list of companies that are showcasing their business at the demo day:
1. The Iterative Collective: Incubator, developer and publisher for games.
2. Protico: A Web3 chatting network.
3. Labfront: AI tools for health research.
4. PaperPlane by FlyingClub: NFT with IRL drinking utility.
5. Envio: Full-service digital logistics and supply chain enabler for SMBs.
6. BitShine: Fiat on-ramp and off-ramp for companies.
7. Aibou: A platform that aims to help SMBs grow and scale with automation and data insights.
8. Alphalytics: On-chain data aggregator.
9. Blueberry Tech: Business aggregator app.
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10. PreTeeth AI: AI tools for dental smile design.
11. ZTO: Web3 social media.
12. Storius: Geotagged audio sharing app.
Following the demo day, AppWorks is currently opening application for the 25th batch of its programme which will feature DAOs as a major focus.
“AppWorks believes that DAOs represent a new frontier that will disrupt the way people build organisations, and welcomes decentralised teams from around the world to join the accelerator. AW#25 will be held from September 2022 to January 2023. The accelerator is equity- and cost-free, providing practical and hands-on mentorship to guide founders in achieving better product-market fit, winning key business partners, and becoming better founders,” the programme said.
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Image Credit: AppWorks
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