WHO estimates show that cardiovascular diseases are the cause of approximately 17.9 million deaths worldwide each year and account for 31% of total deaths, making it the leading non-infectious cause of death. Reports of individuals living alone suddenly passing away at home or bus drivers dying due to a heart attack while on the clock are far from rare occurrences on the news. Today, with the advent of technology, there is finally a solution to these events that used to catch people off guard. Singular Wings Medical has come up with a Group CVD monitoring system that serves as a network-based multi-to-many real-time physiological vital signs monitoring solution. Patients only need to wear a lightweight monitoring patch to allow the back-end system to monitor the real-time changes of their vital signs, thus reducing the chance of sudden death due to cardiovascular failure through active monitoring in place of after-the-fact diagnosis.
Taiwan's Ministry of Transportation and Communications (MOTC) plans to invest NT$80.7 billion (US$2.9 billion) into digital transformation of airports and seaports, using AI, IoT, big data and other innovative technologies over the next five years.
Although digital signature of remote documents is no longer a problem, how to distinguish the authenticity of signature documents and how to verify that the signature is made by the countersigner in person is a pain point. Hungarian start-up Birosign, which was selected by the Epoch Foundation Garage+ Accelerator in early June as one of the 46 must-see start-ups at Computex 2021's virtual exhibition, provides a solution to this problem by using sensor technology and machine learning.
The Philippines' Globe Telecom created revenue growth of more than 60% of revenue in seven years, with its almost 9% in average annual growth higher than the average of 6.53% for 16 telecom firms that NYU Stern School of Business tracks around the world. Through its 100%-owned subsidiary Kickstart Ventures, Globe Telecom has successfully built a digital ecosystem that offers a variety of value-added services to generate substantial revenue.
Cheng Wu, a general patner at Taiwania Capital Management, has founded several high profile companies with total market value of NT$180 billion (US$64 billion). Wu has been embracing a different approach to investing in startups.
Mike Noonen has witnessed the vicissitudes of the semiconductor industry over the past 20 years. With a vision to lower the threshold of innovation for semiconductor startups, he co-founded the world's first semiconductor startup accelerator, Silicon Catalyst. Now he serves as CEO of MixComm, a startup that manufactures beamforming ICs used in mmWave components and 5G infrastructure.
Remote work and online activities have become the new normal since the pandemic started. Startng in July, Taiwan's Institute for Information Industry (III)'s TCloud offers 250 digital tools for local micro-, small- and medium-sized businesses to accelerate digital transfomation and to improve competitiveness.
Electric vehicles (EV) have been regarded as the mainstream of next-gen automobiles. According to the statistics by DIGITIMES Research, with a global annual growth rate of 19% in 2020, electric vehicles will hit the tens-of-millions scale by 2025. Global environmental awareness and new emerging technologies are the two driving forces behind this rapid growth. When it comes to technology, electric vehicles' power management has been a major industry focus in recent years. Therefore, FTEX's GaNFET powertrain solution, which extends driving range by 30%, has become the center of attention.
Following the birth of Thailand's first unicorn Flash Group, Ruangroj Poonpol, founder of Thailand-based 500 TukTuks venture capital and chairman of Kasikorn Business-Technology Group, believes more unicorns will appear in the country in the next 2-3 years, according to a report by Bangkok Post.
Selected as one of the 46 must-see startups by the Garage+ program of Epoch Foundation at the Computex Taipei 2021 Virtual Exhibition, Netherlands-based InPhocal develops laser technology, which it demonstrated during the event.
Good product managers matter, especially for consumer product or service companies. Melody Koh left Blue Apron two months after its IPO as its chief product officer. During her tenure, she helped scale the business through hyper-growth (25x in 3.5 years), building and leading a 35-person team across product management, product design, and analytics/data science. She joined NextView Ventures' New York Office in 2017.
A team of 25 startups from Taiwan participated in the French government-supported VivaTech 2021 in Paris in mid June, with five of them winning four awards of the annual event, according to Taiwan's Ministry of Science and Technology (MOST).