Ms.Oranuch Lerdsuwankij, Chief Executive Officer and Co-Founder of Techsauce Media Co Ltd, the organizer of Techsauce Global Summit, said the startups competing in the final round were the winners of Techsauce Roadshow pitching competitions held in 20 countries across the Asia-Oceania region. This year's roadshow saw more than 200 startups taking part in the pitching competitions.
"Interestingly, we have seen fast-growing and new startups from every country that joined the competition this year, particularly those from the HealthTech, Artificial Intelligence and Artificial Reality industries. Some newcomers have shown their potential and got into the final round," said Ms.Oranuch.
In the semi-final round, 17 teams from 20 countries had pitched their ideas clearly with passion to the judges and audiences. At the end, the judges selected 10 teams to go onto the final round.
In the final round, each team had only three minutes for pitching and five more minutes for answering the questions from seven judges who would select the best startups for two grand prizes.
The final round started with the presentation from Singapore's EdTech startup CognaLearn, which offers several new softwares to optimize learning based on cognitive science and helping people learn better and faster, followed by Hong Kong-based miro who told everyone in the room that they have developed the happiest artificial intelligence on this planet. Miro brings AI superpowers to athletes and brands in the sport of running. It helps amateur and professional runners find their photos in marathon events instantly and analyzes their running postures to prevent injuries. At the same time, miro also helps brands and event organizers collect engagement data too.
Runcloud.io, a startup from Malaysia, offers cloud platform solutions to the developers which help cut cost by 99.8% before Indian startup Nowfloats came up to the stage.
Inagri, an AgTech startup from Indonesia, presents a procurement platform that supplies over 200 items of agri-goods and ingredients to B2B buyers such as restaurants and hotels.
Taiwanese startup Clef Technology showcased Cloud-based solutions to help solve pipeline leakages, which can lead to gas explosions. The team said gas explosions were once a serious issue that took place near her team member's house.
Filippino energy tech Exora, Australia's virtual reality startup Inspace XR and Israeli AR platform developer EdgyBees also queued up to pitch on the stage, followed by the last pitching from SzeleSTIM, an Austrian startup which develops a wearable electromedical device for Auricular Vagus Nerve Stimulation, allowing minimal-invasive and non-pharmacological therapy that is adapted to individual patients.
After an eight-month long competition, SzeleSTIM was announced as the winner and received USD10,000 (approximately 3.29 hundred thousands Baht). Meanwhile, the Special Grand Prize worth USD100,000 (estimated at 3.29 million Baht), went to miro which will get a chance to join Chinacelerator, MOX and SOSV.
Techsauce Global Summit 2018 is an international tech conference with a focus on fulfilling knowledge, building business network, connecting entrepreneurs, investors and other parties together. The event was comprised of 10 stages with over 200 discussion topics from over 200 speakers from leading organizations around the world. In addition it hosts the final round of the Techsauce Global Pitching Competition which covers 20 countries across the Asia-Oceania region. More than 10,000 attendees who paraded into the summit included corporates in search for new innovations, brands preparing themselves for digital transformation, entrepreneurs, startups and tech enthusiasts.