Make A Difference: Hong Kong Seeks To Reinvigorate Its Entrepreneur Hub Status
3 MaD Venture Stars
Insight Robotics, Hong Kong ( www.insightrobotics.com), an incubate at the Hong Kong Science and Technology Park, applies robotics technology to the protection of critical infrastructures and key resources around the world. It visualizes remote incidents like forest fire, structural damage in buildings, oil leak, water pollution, flooding, drought and security breach to management authorities and assist them to make the most efficient contingency plans. It also assists the management authorities in disaster recovery and in building a better world with less disaster.
"It is very important to have programmes like the MaD Venture Fellows Programme to connect Hong Kong start-ups with innovative entrepreneurs around the world. This will help build the international links of local start-ups and foster the development of a more innovative entrepreneurship ecosystem," said Kevin Chan, founder of Insight Robotics.
Wibbitz, Israel (
www.wibbitz.com) creates a text-to-video technology that automatically turns any text-based article, post or feed on the web into a video in 20 seconds. Its technology introduces a whole new way of consuming content and information in a much more visual and effortless way. It brings costs and production time down for SME publishers and content providers. It reduces the barriers of language limitations and content complexity. "I am amazed by the business culture of
Hong Kong. I think more Israeli companies should consider using the
Hong Kong platform for the
Asia market, instead of focusing just on the US," said
Yotam Cohen, the co-founder of Wibbitz. This Israeli start-up received its Series A funding from K S Li's Horizons Ventures in June last year.
Wifinity Tech, India ( www.wifinity.tech) applies innovative wireless sensing, artificial intelligence and machine to machine learning to help enterprises, buildings, hospitals and other organisations to monitor, manage and save their energy and water consumption. Users can save on average 20% of their energy bills. Wifinity is an Indian company with market presence in India and the US. It is looking to establish a presence in Hong Kong to develop the East Asia market.
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