Taiwan’s AppWorks Accelerator has unveiled the 16 startups that participated in its 28th demo day in Taipei.
The batch featured companies connecting social commerce with offline channel logistics, innovative payment solutions, and new applications for blockchain and artificial intelligence (AI).
As a batch, AW#28 hosted 38 innovative startups, with founders hailing from 17 different countries and regions, including Greater Southeast Asia, the UAE, South Korea, the US, France, Finland, and beyond.
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As many as 20 per cent of participating startups were founded by female founders.
AW#28’s demo day featured the following companies:
ADPList: A global mentorship platform to access knowledge from experts (Singapore)
XO: AI-powered and blockchain-verified conversational platform for Gen Z (Taiwan)
Borong: B2B bulk e-commerce platform (Malaysia)
EQUO: A one-stop-shop omnichannel platform of curated, high-performance, quality products for the conscientious consumer (Vietnam)
Orderfaz: Shopify for social commerce sellers (Indonesia)
Event Horizon: DAO meta-governance layer (the US)
Return Helper: End-to-end solution for cross-border e-commerce returns (Hong Kong)
ShipAny: Smart logistics gateway for e-commerce (Hong Kong)
ABConvert: Specialised A/B testing tool for e-commerce (Taiwan)
Ajourney: One-stop HR and payroll platform for businesses in Southeast Asia (Singapore)
Quantlytica: AI-powered crypto asset management infrastructure (Finland)
Olli: AI-powered operating system for toy manufacturers to turn toys into children’s personalised companions (the US)
Qiro Finance: On-chain private credit protocol (Singapore)
Exchequer Finance: Allows projects to self-insure token risk, incentivising users with time premiums instead of tokens (Singapore)
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Jomud: Digitised career consultation using AI for university (Hong Kong)
Cheko: Bridging students with subject experts for homework assistance (Philippines)
“With the addition of AW#28, we have now nurtured 563 active startups in 14 years. Among them, 30 per cent have successfully raised Series A funding or beyond, and nearly 100 can be considered large enterprises with revenue exceeding US$6 million or have successfully completed IPOs/IEOs. Additionally, there are nearly 100 hidden champions that have achieved sustained profitability through bootstrapping,” said Jamie Lin, Chairman and Partner of AppWorks.
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