• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to secondary sidebar
  • Skip to footer

3v.org

Venture Capital Matters

  • Pitch a Startup
    • Make a Contribution
  • Market Reports
  • Technologies
    • Technology Events
  • Domain Names for Startups
  • About
  • Contact

Taiwanese Startups won 120 Millions USD from the US military, Hewlett-Packard and Johnson & Johnson

September 29, 2019 By admin Leave a Comment

Taiwan’s Ministry of Science and Technology Deputy Director-General Chun-Yi Tu first brought twelve biomedical startups to MedTech Conference 2019 in Boston, United States. During the exhibition, the teams received a total of 180 appointments with major medical manufacturers and academic institutions from around the world. The teams received orders totaling $120 million US dollars through AdvaMed, opening business opportunities across the global market.

MedTech Conference organizer AdvaMed has great influence in the biomedical industry due to its connections with 80 top tier medical manufacturers and 400 key members. The 12 startup teams from Taiwan Tech Arena (TTA), that collaborated with Taiwan Startup Institute (TSI) and the Biomedical Industrial Innovation Promotion Program, received significant attention during the exhibition. This included attention from the US military which has a high appreciation for Heroic-Faith Medical Science, the developer of a respiratory monitoring system; APrevent Medical developed intra-and post-operatively implant to treat glottic insufficiency; FaceHeart developed Heart rate detection through AI; and Summed Taiwan which created braided catheter extrusions and device tooling also received business orders during the exhibition.

Taiwanese startups received applause from the global biomedical industry

Heroic Faith Medical Science, exhibited an AI-powered mobile solution connecting to a pre-tracheal stethoscope, received a clinical trial evaluation and business opportunities from the FDA, American Society of Anesthesiologists (ASA), American Dental Association, and US Military Health System for its respiratory monitoring and sound recognition. APrevent Medical, which developed an intra-and post-operatively implant to treat glottic insufficiency, received collaboration with Japan. FaceHeart developed heart rate detection through AI securing a partnership with Hewlett-Packard and Johnson Fitness for a smart cloud system. Summed Taiwan, which developed braided catheter extrusions and device tooling, secured a platform partnership after a one-on-one meeting with Terumo, academic institute University of Pittsburgh and UMASS.

TTA leads Taiwan biomedical startups as the voice of Taiwan

Taipei Economic and Cultural Office in Boston Director Ms. Hsu mentioned during the opening ceremony, “In recent years, the Taiwan government has established TTA to support the Taiwan talents to commercialize academic research, to enhance the technological innovation, and to connect with the global industrial ecosystem. It is expected to communicate with the world through TTA participation in international exhibitions, linkage with foreign investment and resources, opening the door for multinational industries collaboration and strengthen Taiwan’s position in the technology ecosystem.”

MedTech Conference organizer, AdvaMed vice president Ralph F. Ives also said during the TTA opening ceremony, “Boston is an important base for the biomedical industry. Among the 20 largest pharmaceutical companies in the world, there are 16 located in Boston, such as Novartis, Baxter, Vertex HQ, and GE Life sciences. These companies have connected the ecosystem through the MedTech exhibition to enhance collaboration and future opportunities.”

TTA is not only connecting with Taiwan startups and the global startup ecosystem, but also actively promotes the development of the biomedical field through artificial intelligence, software, and semiconductor technology. TTA enables Taiwan’s biomedical startups to receive attention from investors, and even international collaboration with Taiwan biomedical startup teams, increasing Taiwan’s position in the global ecosystem.

SOURCE Taiwan Tech Arena

Filed Under: PR Tagged With: Taiwanese Startups, biotech, medtech

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Market Analysis

China wants to produce its own hard-­tech companies in order to become less reliant on the hostile West
Quantum Computing Market
How to sell across a variety of channels
Solar and wind costs are now competitive with fossil fuels
The Pentagon’s FY2023 budget request for hypersonic-related research is $4.7 billion
Top U.S. defense contractors are competing for contracts on hypersonic weapons
Support for Vladimir Putin waning in Russia

Market Research Media

GruyereCheese.ch: Gruyere Cheese is Swiss
MetaQuantumComputing.com (Meta Quantum Computing): Overview of quantum algorithms
Two biggest barriers to wider adoption of XR are user experience and limited content
Global assets under management (AuM) grew at 12% to more than $112 Trillion in 2021
Revenues in the entertainment and media industry are on the rise globally
FashionInfluential.com (Fashion Influential): Fashion Industry Trends
Failedeconomies.com (Failed Economies): All governments of failed economies share one common trait – zero tolerance for opposition

Secondary Sidebar

Technologies

Oracle Becomes First Hyperscaler to Open a Cloud Region in Mexico
Cloudflare Expands Its Zero Trust Platform to Become the Only Cloud-Native Provider with Network Scale
Intel to Acquire Tower Semiconductor for $5.4 Billion
Service delivery is being transformed by new technologies
Broadcom to Acquire VMware for Approximately $61 Billion in Cash and Stock

Tech Events

SIGGRAPH 2022 Hybrid Conference Enjoys Notable Numbers with In-Person and Virtual Attendees
Domain Auction, January 24, 2022
K-Global 2021, November 8-10, 2021
Graphene Week 2021, Europe’s leading graphene conference, September 20-24, 2021
SPIE Photonics West Digital Forum Showcases Best of Optics, Photonics, Quantum, Biomedical Technologies in Applications and Research, 6-11 March, 2021

Footer

Recent Posts

  • Breakthrough VR Basketball App Gym Class Closes $8 Million in Seed Round Led by Andreessen Horowitz
  • Techstars and Audi Launch Pre-Accelerator Program to Promote Innovation in Mobility
  • Latchel Closes $16.7 Million to Enhance Resident Services and Maintenance Workflow
  • Seedtag raises over €250M from Advent International
  • Arable Raises $40 Million to Accelerate Sustainable Agriculture
  • European Quantum Computing Leader IQM Raises €128m Led by World Fund to Help Combat the Climate Crisis
  • Whatnot raises $260M Series D co-led by DST Global and CapitalG to expand its live, social commerce marketplace
  • ZeroAvia Secures Additional $30 Million in Funding from IAG, Barclays, NEOM & AENU
  • Medusa Raises $8m to Build the Leading E-Commerce Platform for Developers
  • Blue Ocean Barns Completes $20 Million Series A Financing, Accelerating Solution to Agricultural Methane Emissions

Dossier

Accenture to Acquire umlaut
Corporate debt as a share of GDP at around 80%
Cloudflare Announces Date of Fourth Quarter 2021 Financial Results
DFIN Report Predicts Strong M&A Activity in 2022
Deloitte acquires cloud security orchestration provider CloudQuest

Press Media Release

Media Intelligence Digest
“What to the Slave Is the 4th of July?”
Statement by U.S. Conference of Mayors on Mass Shooting in Buffalo
weaponstoukraine.com: The Czechs have already raised over a 40 million euros for weapons for Ukraine. This unique donation campaign is now coming to United Kindom and other English speaking countries.
New York Women in Communications Announces the 51st Annual Matrix Awards Honoring Leading Women in the Communications Industry

App Coding

Lumigo expands its serverless observability platform to support any modern cloud application
Coder Announces First Multi-Cloud, Multi-Compute Integrated Development Environment Platform
Browser innovation has stalled
Fungible Storage Cluster Certified for VMware vSphere to Support High Performance VM Systems
ScaleOut Software Announces Production Release of Redis®* Integration

API Coding

What is a REST API?
Apiip Expand IP To Location API Services to Verify 1 million+ Requests A Month
Most commonly used HTTP Headers
API-based startup that connects African businesses
Difference between REST and GraphQL

Copyright © 2022 3v.org

Technologies, Market Analysis & Market Research

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT