TAIPEI, TAIWAN - Bridge to MassChallenge Taiwan, an international startup competition that identifies and accelerates the top healthcare, high tech, clean tech, and social impact startups in the world, announced the 14 startups that will participate in an intensive, week-long bootcamp at MassChallenge headquarters in Boston, Massachusetts in October 2019.
“MassChallenge is proud to partner with Small and Medium Enterprise Administration (SMEA) of Taiwan’s Ministry of Economic Affairs (MOEA), to strengthen Taiwan’s presence on the global innovation map and connect the B2MC Taiwan companies with the global market and MassChallenge’s global network, said Brittany McDonough, Director of Global Partnerships at MassChallenge. We look forward to working closely with the entrepreneurs selected for the Boston bootcamp and are excited to help them take their businesses to the next level.”
The announcement was made at the B2MC Taiwan Forum on May 29, 2019 where the 25 startups met with potential investors and business partners. The Forum’s theme focused on “Fostering Innovation-Driven Entrepreneurship,” and featured business leaders sharing their insights on trends and opportunities in Asia and in the rapidly changing business world. Additionally, several MassChallenge mentors from Boston and Israel provided critical insights on the essentials of building an impactful business. The Forum was part of a week-long Taipei-based bootcamp that featured in-depth trainings, networking opportunities, and one-on-one mentoring sessions. The 25 startups comprised of both startups local to Taiwan and international startups from countries like Malaysia, Denmark, France, India, Honk Kong, Canada and the U.S.
The 14 startups selected for a 4-month acceleration program in Taipei will be eligible to travel to the Boston bootcamp where they will receive tailored training and workshops, additional mentoring opportunities, unique access to the city’s business ecosystem. At the end of the Boston bootcamp, startups will pitch for the opportunity to participate in Round 2 judging for a 2020 MassChallenge accelerator program.
During the 4-month acceleration program in Taipei, the top startups will enjoy free co-working space and single-room accommodation in Taiwan; mentoring from top local & international experts and access to Taiwanese ICT manufacturing, insurance-tech, healthcare / agri-food resources.
On Wednesday, May 29, B2MC Taiwan startups had the opportunity to pitch at InnoVEX, one of the biggest startup events in Asia, which included more than 300 startups across AI, IoT, the Digital Economy, Startup Ecosystems, Technology Policies, and other industries. MedFluid, a B2MC Taiwan Finalize, won the $100,000 grand prize and the $60,000 Startup Terrace Award. Two other B2MC Taiwan startups, PurCity and MTAMTech, won a $60,000 Startup Terrace Award and a $10,000 Taiwania Capital Innovation Award; Another B2MC Taiwan startup, Weavair, recieved the Audi Innovation Award, where they will partner with Audi to drive sustainable automotive innovation.
Below is the list of the 14 startups participating in the Boston bootcamp:
AESOP medicine (Taiwan): AESOP provide an AI software that identifies and predicts prescription errors and create a win-win solution for physicians and patients.
AetherAI (Taiwan) aetherAI is a pathology-focused AI development platform, allowing every hospitals to build their own medical image AI models.
Guzip Biomarkers Corp. (Taiwan): We are dedicated in finding novel DNA methylation biomarkers for clinical applications.
ID Water (Taiwan): We focus on creating unmanned shrimp farms through AI and IOT technologies and assisting farmers to increase their average harvest by 400%.
Longgood (Taiwan): LONGGOOD is the first interactive rehabilitation software development company in Taiwan.
MeansGood (Taiwan): MeansGood is just like the Aerofarms in the Chinese herbal medicine cultivation industry.
MedFluid (Taiwan): To deal with abuse of antibiotics, we use microfluidic to build personalized antibiotics screening platform that is faster and more precise.
MTAMTech Corporation (Taiwan): Cost effective, accurate (similar to gold standard), rapid and reliable anti-cancer drug screening for personalized medicine and drug dev.
Phood (USA): Phood is food waste prevention technology that helps food businesses reduce food waste by up to 50% and create cost savings of $100,000/yr
PurCity (Denmark): Turning Buildings into Large Scale Air Purification Systems
Saathi (India): 100% Biodegradable & Compostable all-natural sanitary pads made from Banana fiber
Seknova Biotechnology (Taiwan): The Seknova System is the only continuous diabetes monitoring system that offers triple monitoring for early detection of complications.
Team8 (France): Connectable watch for kids combining FUN, Health, Education and Security. 1st health platform dedicated for kids behind a cool game for all.
Weav-Air (Canada): WeavAir offers advanced sensors & predictive analytics solution to save energy & reduce costs of high value air distribution systems.
About Bridge to MassChallenge
Bridge to MassChallenge strengthens innovation ecosystems and drives the creation of high quality jobs by supporting entrepreneurs and connecting them to MassChallenges global network. The program collaborates with local entities to understand the potential and strategic value of their unique ecosystem, empowers them to build their innovation communities, and connects them to global markets.
MassChallenge is a global network of zero-equity startup accelerators. Headquartered in the United States with locations in Boston, Israel, Mexico, Rhode Island, Switzerland and Texas, MassChallenge is committed to strengthening the global innovation ecosystem by supporting high-potential startups across all industries, from anywhere in the world. To date, more than 1,900 MassChallenge alumni have raised more than $4 billion in funding, generated more than $2.5 billion in revenue, and created more than 120,000 total jobs. Learn more about MassChallenge at masschallenge.org.