This event <http://www.techinnovation.com.sg/#technology> is sponsored by the SG govt and thus has a slightly different emphasis than the usual startup pitching. Oversimplifying, technology comes in different phases, the pioneering stage (eg blockchain), standards setting (eg WiFi) then the exploitation phase (eg wearables with BLE). Most technology can be derisked at the standard setting stage but there is a need to encourage sunrise industries. However, from an investors point of view, any capital risked needs to be compared with alternatives, hence the associated TechVentures co-event.sponsored by National Research Foundation and IPI. This commentary looks at some of the 13 startups <http://www.mynewsdesk.com/sg/pinpoint-pr/pressreleases/13-startups-vie-for-the-top-spot-at-techventure-2015-s-international-startup-challenge-1214836>reaching the last stage.
- EdgeBotix <https://www.techinasia.com/startup/edgebotix-pte-ltd/>- Automation (edutainment) - autonomous bots with programable sensor network - Igloohome <http://www.igloohome.co/>- Security (contribution economy) - protocol for key-exchange/smart locks and resource consumption eg AirBnB - Sypher Labs <https://www.techinasia.com/sypher-labs-471000-move-logistic-operations-cloud/> - Logistics - SME eCommerce platform for coordinating drivers and delivery packages/points - Tip Biosystems <http://www.tipbiosystems.com/> - IoT - handheld photometric measurement device, Automation/Minaturisation of technology - Innovfusion <http://www.innovfusion.com/>- medical devices - infusion syringe pump systems with algorithm for anticipating patient pain - Intraix <https://gust.com/companies/intraix>- IoT - Smart Meters+Plugs+Sensors to provide optimisation modules to reduce household energy consumption - Nodis <http://www.nodiscorp.com/technology.html>- applied materials - Dipole Nano-Particle (DNP) technology of optical valve for variable transparency - Alphaopen - ??? unknown Russian startup - CarbonTRACK <http://carbontrack.com.au/> - CleanTech - energy management platform for residential and commercial environments, - Easyship <http://goeasyship.com/> - Logistics - eCommerce fulfillment service - Family Traveller <http://familytraveller.com/> - eTrust - destination information for targeted market (referral/recommendations) + personal services - Pinticks - ??? - unknown Turkish startup - THEIA <http://www.theia.tw/>- VR/AR - 2d/3d air projection of imagery CarbonTrack is the only Australian startup to make to the final pitching round with some stiff competition in view (FamilyTraveller already raised $A1.6 M). Their product is basically the software to help residences or enterprises shift consumption patterns <https://www.youtube.com/watch?v=uFzj_R5KOjE> by providing information on energy usage and direct feedback on the resulting bill. As such it satisfies one of the key aspects of demonstrability (cf IglooHome which also controls aircon but bundles it with key exchange for AirBnB type collaborative consumption economy). With hard data (and future analytics) key metrics like payback period and ROI can be proven thus making it saleable to cost-conscious enterprise customers. However, the space of energy management is crowded with no platform commonality and thus getting a large customer base is important if CarbonTrack wants a seat at any future standard setting stage (utilities exchange information) or micro-grid open bidding. With a pure software solution, they are not constrained like Intraix but this also means no customer lock-in, ie a pure SaaS play. Note the interesting trait of companies springing up from existing industry base with 2 logistics startups out of HK and Singapore leveraging their heavy engagement in supply chain. Apart from MinCom and the old Cochlear + CSIRO spinouts, it is hard to see any cluster benefit that Aussie startups have from prior govt industrial policies. FamilyTraveller looks like a niche play akin to LonelyPlanet (independent backpackers) but targetted at busy families. That could have sprung up anywhere but the eTrust/reputation systems makes similar market segments difficult to displace. I hope to see more Australia startups at future regional events. Lawrence http://www.linkedin.com/in/drllau -- -- You received this message because you are subscribed to the Silicon Beach Australia mailing list. Vist http://siliconbeachaustralia.org for more Forum rules 1) No lurkers! It is expected that you introduce yourself. 2) No jobs postings. You can use http://siliconbeachaustralia.org/jobs To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/silicon-beach-australia?hl=en?hl=en --- You received this message because you are subscribed to the Google Groups "Silicon Beach Australia" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. For more options, visit https://groups.google.com/d/optout.
