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On Demo Day 7, Sparklabs Taipei announces changing its name to Sparklabs Taiwan, showing the ambition to connect global resources with Taiwan. They also start raising the second fund.
The seven startup teams of this batch encompass a wide range of topics including health tech, smart manufacturing, logistics, Robotic Process Automation(RPA) solutions, e-commerce, and human resource tech.
Edgar Chiu, founding partner of Sparklabs Taiwan, mentioned that when establishing Sparklabs Taiepi 4 years ago, they were like a locomotive that try to bring startups to the global market. After years passed, they invested in and accelerated more than 50 startups as well as partnered with several venture capitals and corporates. With more and more partners and startups joining, Edgar feels Sparklabs Taiwan’s role is becoming like an open platform that encourages collaboration between corporates and startups.
“It needs the whole village’s effort to raise a child, and the same philosophy can also apply to accelerate a startup,” said Edgar. That’s also the reason why Sparklabs Taiwan keep partnering with different corporates and organizations to help startups.
“Qualcomm has been collaborating with Sparklabs Taiwan since 2021 to offer startups the consulting service for intellectual property and business strategy to help them go global”, said Yvie Tai, Director of Business Development at Qualcomm.
Google Cloud Taiwan is also an important partner for Sparklabs Taiwan. They offer startups one-stop Google services.
Starting from 2017 here in Taiwan, SparkLabs raised funds from big corporates like CTBC, 104 Job Bank, and also got some investors from Silicon Valley, including the co-founder of Twitch, Kevin Lin, and both co-founders of Guitar Heroes IoT app. "It’s a hybrid fund, with investors in Taiwan and outside of Taiwan.” With this support finally secured, they launched their investment fund in 2018.
One of the top early-stage investors, SparkLabs Taipei is now hitting its stride. They currently have more than 50 investments and two alumni exits, and their partners have had a remarkable 100% survival rate so far.
They make good use of their worldwide presence, as Edgar explains in a previous interview: “Something interesting is we are a global network of accelerators, so a lot of times we hear something is happening in the U.S., or Japan or Korea. Their solutions are in Taiwan."
Those Taiwanese founders haven’t really had a chance to export to the entire world. So by interviewing them and through the due diligence process, we found there are a lot of opportunities to solve these kinds of problems. That’s how we elevate startups to the next level," as Chiu explains.
AIPLUX :
AIPLUX is a one-page management system that applies artificial intelligence and offer visualized information for business decisions. Unlike traditional firms, we do not charge case by case, procedure by procedure or hour by hour.
BBTruck:
Established in 2019, BBTruck is a SaaS-based, B2B smart logistics service provider. Focusing on commercial trucks, BBTruck operates an advanced logistics-capacity matching platform with the aim to utilize the idle capacity and improve service efficiency. BBTruck API integration allows businesses to connect to a large network of domestic and international shipping providers at a competitive price.
Emily RPA:
EMILY.RPA is a software robot to help office workers off loading everyday repetitive tasks
Evo:
Evo is an DTC online retailer selling beauty and wellness products. We work with world class factories that build for big brands like Estee Lauder / LVMH and we sell these products directly to end customers at a fraction of the cost. We believe that we reach our customers through valuable / non-invasive / relevant content and create brand association with our product lines.
Footprintku
Footprintku empowers you to achieve your goals. We understand that in order to become leaders in the electronics industry, you need solutions that save time and resources. Footprintku establishes a unique Global Electronics Data Hub that provides digital data and support for you to take your product to the next level.
H2U
The H2U platform provides legally compliant easy access for occupational medicine practitioners and effective workplace health management services. It integrates health education, health check-ups, sports and health promotion, e-commerce, and Covid-19 management protocols to offer companies the most diverse and optimized employee health benefit programs to help them build health assets and influence. In 2019, H2U was named one of the top 50 digital healthcare companies by the International Forum on Advancements in Healthcare (IFAH).
NodeFlair
NodeFlair is a Tech Career SuperApp. Specifically designed for Tech talents - it’s one place to Explore, Research, Secure and Career.
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