Jan 10, 2018 19:30 JST
Source: HKTDC
|
|
|
20 Start-ups to Showcase Business Innovations at Asian Financial Forum
InnoVenture Salon, Start-up Zone debut at upcoming AFF to foster start-up development
HONG KONG, Jan 10, 2018 - (ACN Newswire) - The InnoVenture Salon will debut at next week's Asian Financial Forum (AFF), to foster start-up development. The Salon will leverage the AFF to connect start-ups with more than 2,500 business leaders and investors, offering an ideal stage for start-ups to present innovative business concepts and take part in mentorship sessions and connect with potential investors and partners. This year's AFF takes place next Monday and Tuesday (15-16 Jan), organised by the Hong Kong Special Administrative Region Government and the Hong Kong Trade Development Council (HKTDC) at the Hong Kong Convention and Exhibition Centre (HKCEC).
The InnoVenture Salon is supported by several start-up incubators and venture capital funds, including the Alibaba Entrepreneurs Fund, Nest Ventures, Hong Kong Startup Council, Hong Kong X-Tech Startup, SuperCharger, Cyberport Hong Kong and the Hong Kong Science and Technology Parks. Close to 20 local and overseas start-ups, which have been shortlisted from the nominations submitted by these organisations, will set up booths at the Start-up Zone under the InnoVenture Salon, on the second day of AFF.
AFF gathers accomplished investors from around the world, including those in venture capital and private equity, as well as high-net-worth individuals. To help start-ups reach potential investors, AFF will arrange one-on-one Investor Meetups for companies to introduce their projects in greater depth and answer questions from potential investors. Start-ups can also pitch their projects to a larger group of investors at the AFF Deal Flow Project Presentation session.
In addition, seasoned experts in the start-up field will feature at Mentor Hours, offering practical advice on setting up and operations, fundraising, marketing strategies for the Chinese and wider Asian markets, and pitching.
A diverse range of start-ups - from Fintech, HealthTech to Modern Agriculture
All of the participating start-ups have developed unique businesses that combine technology and new business models. Kami, a start-up nominated by the Hong Kong X-Tech Startup, specialises in artificial intelligence applications for the financial and banking sector. The company's chatbot technology remembers and understands the context of past customer conversations and extracts relevant information to formulate the most appropriate response for ongoing conversations. The company aims to leverage automated reasoning to enable the chatbot to understand the nuances of different conversations. The company has raised US$1.7 million in funding from SoftBank Corp's ARM Innovation Ecosystem Accelerator, the Tin Fu Fund, and the Hong Kong X Technology Fund.
For Kuaiwear, a start-up nominated by the Hong Kong Startup Council, its KuaiFit smart sport headphones offers real-time voice coaching based on data collected from a clinically validated heart-rate monitor and a speed tracker. Coaching content is provided by renowned coaches, including Olympic athletes. Apart from running, the KuaiFit Marketplace mobile app offers training plans for different sports, such as athletics, swimming and cycling. In addition, coaches can upload their own training plan for users to purchase. The product has already won awards at multiple start-up competitions, including the TiE Hong Kong Startup Competition, AIA Accelerator, and the Hong Kong Startup Council's STARS Pitch.
Nominated by the Alibaba Entrepreneurs Fund, Farm66 is a local indoor agricultural factory that specialises in high-quality eco-organic agricultural products, using aquaponics and patented greenhouse technologies, such as energy-efficient LED wavelength farming and cloud-based farming parameters monitoring. Using a specific light spectrum, the company says it can enhance the efficiency of photosynthesis, raising the quality and yield of crops. Growing vegetables in a closed environment also greatly reduces insect and bacterial infection, obviating the use of pesticides and minimising carbon footprint. The company has already garnered attention from Dubai-based Eternal Global, which is considering introducing the agricultural factory to grow crops in Dubai's desert environments. It is also considering using Hong Kong as a financing platform for the project. Farm66 recently won the Jumpstarter 2017 competition and received US$1 million in funding from the Alibaba Entrepreneurs Fund.
Project matching to foster cooperation
For the 10th consecutive year, the HKTDC will co-organise the AFF Deal Flow Matchmaking Session with the Hong Kong Venture Capital and Private Equity Association, to provide pre-arranged one-on-one deal-sourcing and matchmaking meetings for investors and project owners. More than 350 projects have already been submitted, in the areas of Fintech, manufacturing and clean technology, education, infrastructure, energy and agriculture.
AFF will also organise several Industry Presentations focusing on start-ups, clean technology, healthcare technology and Fintech, featuring industry experts discussing the latest industry trends, as well as investment project presentations. The Financial and Professional Advisory Services Zone features representatives of financial institutions, accounting firms, legal firms and business consultation companies, providing free on-site consultation services.
The Global Investment Zone returns to AFF, with representatives of governments and investment promotion agencies from 11 countries, including Australia, Germany, as well as first-time participants Mexico and Bangladesh, who will introduce their local markets, investment opportunities and regulations.
The Start-up Zone, Mentor Hours and Industry Presentation sessions are open to the press. Members of the media interested in interviewing participating start-ups or speakers of the Mentor Hours can contact Billy Ng (billy.km.ng@hktdc.org).
Start-ups Zone Exhibitors
Company: Major Business
- Farm66: Indoor agricultural factory practices aquaponic system
Nominated by Alibaba Entrepreneurs Fund
- En-trak: Smart energy-saving system
Nominated by Alibaba Entrepreneurs Fund
- Mad Gaze: Smart glasses
Nominated by Startup Council
- Contact Store: Multi-disciplinary design consultancy specialising in innovative products
Nominated by Startup Council
- Kuaiwear: Smart sports coaching headset
Nominated by Startup Council
- Kami: A chatbot with the capability to remember and understand past conversations
Nominated by the Hong Kong X-Tech Startup
- AA pay: A payment system for brick and mortar stores
Nominated by the Hong Kong X-Tech Startup
- Netki: An identity-verifying system for blockchain and tokens etc
Nominated by Nest Venture
- Altitude labs: Digital transformation, web and mobile application development agency
Nominated by Nest Venture
- FinChat: Enabling compliance monitoring, archival and analytics for popular messaging apps in regulated enterprises
Nominated by Supercharger
- Gatecoin: A Bitcoin and Ethereum token exchange platform based in Hong Kong
Nominated by Supercharger
- Velotrade: A receivables invoice financing platform for immediate SME funding
Nominated by Cyberport
- Wesurance Limited: Insurance mobile app
Nominated by Cyberport
- Spire: Software-based crypto wallets for blockchain
- LA Blockchain accelerator: A venture fund focus on start-ups that use blockchain as underlying technology
- Zero-One Capital: An investment fund focus on blockchain-digital currency space
- ConnectAR Limited: Mobile app developer centred on AR
Asian Financial Forum: www.asianfinancialforum.com/
This release full version: http://bit.ly/2Eu2VJM
Contact:HKTDC
Communications & Public Affairs Department
Billy Ng
Tel: +852 2584 4393
Email: billy.km.ng@hktdc.org
Source: HKTDC
Sectors: PE, VC & Alternatives
Copyright ©2024 ACN Newswire. All rights reserved. A division of Asia Corporate News Network. |
Latest Release
Fujirebio and Eisai Enter into Memorandum of Understanding for Joint Research and Social Implementation of Blood-based Biomarkers in the Field of Neurodegenerative Diseases
Dec 23, 2024 17:22 JST
| 
Fujitsu drives chemical industry logistics DX with participation in joint logistics demonstration
Dec 23, 2024 13:30 JST
| 
Mitsubishi Motors Cumulative Production Reaches One Million Units in Indonesia
Dec 20, 2024 17:35 JST
| 
Contract Renewed on Operation and Maintenance (O&M) Services for APM System at Washington Dulles International Airport
Dec 20, 2024 17:24 JST
| 
Toyota Launches Alphard and Vellfire PHEV Models in Japan
Dec 20, 2024 15:38 JST
| 
6G Begins! Embarking on a New Journey of Global Interoperable Standards
Dec 19, 2024 16:50 JST
|
MI LNG Company to Change Corporate Name to MILES
Dec 19, 2024 13:49 JST
| 
Two Honda 0 Series Prototype Models to Premiere at CES 2025
Dec 19, 2024 12:30 JST
|
Honda Presents World Premiere of Honda S+ Shift, Next-generation e:HEV Technology
Dec 19, 2024 12:13 JST
| 
NEC Completes new Asia Pacific submarine cable
Dec 19, 2024 12:02 JST
| 
Enablement of JCB Contactless Payment at All NJ TRANSIT Contactless Bus and Light Rail Validators in New Jersey, New York, and Pennsylvania
Dec 19, 2024 12:00 JST
|
Honda Presents Next-generation e:HEV Technologies at Press Briefing on Honda e:HEV Business and Technology
Dec 18, 2024 17:50 JST
|
MHI Appoints CTO Eisaku Ito as Next President & CEO, Announces Changes in Board and Executive-level Personnel
Dec 18, 2024 17:38 JST
|
Honda to Utilize Existing Powertrain Unit Factory to Establish New Production Plant for Next-generation Fuel Cell System in Japan
Dec 18, 2024 17:22 JST
|
NEC Receives Telecom Review's Global Excellence Award for Innovative Telecom B2B/ Enterprise Network Solutions
Dec 18, 2024 17:12 JST
|
Japan's Telecommunications Carriers Join Forces to Strengthen Disaster Response
Dec 18, 2024 16:11 JST
|
Toyota's Fuel Cell and Water Electrolysis System Production Plan Certified as a METI Support Program for Building GX Supply Chains
Dec 18, 2024 13:51 JST
| 
DENSO and onsemi Collaborate for a Strengthened Relationship
Dec 17, 2024 14:26 JST
| 
Asian Financial Forum returns as Region's First Major International Financial Assembly in 2025
Dec 17, 2024 13:44 JST
|
Fujitsu recognized as Leader in IDC MarketScape: Worldwide Digital Workplace Services 2024 Vendor Assessment
Dec 16, 2024 10:20 JST
|
More Latest Release >>
|