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Taiwan’s SkyREC, analytics tool for real stores, wins Slush Asia 2016 pitch finals

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See the original story in Japanese. Slush Asia took place on May 13th and 14th at the Makuhari Messe exhibition halls in Chiba. Among 60 nominees fiercely competing during the 2-day event, Taiwan-based SkyREC — which is developing an analytics platform for real stores — won this year’s startup pitch competition. Taiwanese startups won for two consecutive years following Slush Asia 2015 last year. Top award winner: SkyREC (Taiwan) Supplemental awards: Premium support worth 1 million yen from Google, 55,000 miles point from Japan Airlines, legal services worth $15,000 from the law firm Orrick and 1 million yen in cash from Autodesk SkyREC is a Google Analytics for real stores, allows users to understand how many times and also how long wherein the store customers have been gathing at the most. It will demonstrate a great capability in finding customer flow lines, hot-selling items as well as unpopular items with 12 different core analytics solutions. At a certain store in Taiwan, it could improve in-store customer traffic 10% and monthly revenue 18% after three months since implementing the SkyREC solution. Since its launch in December of 2015, the solution has been adopted by 400 stores, planning to be deployed into…

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See the original story in Japanese.

Slush Asia took place on May 13th and 14th at the Makuhari Messe exhibition halls in Chiba. Among 60 nominees fiercely competing during the 2-day event, Taiwan-based SkyREC — which is developing an analytics platform for real stores — won this year’s startup pitch competition. Taiwanese startups won for two consecutive years following Slush Asia 2015 last year.

Top award winner: SkyREC (Taiwan)

Supplemental awards: Premium support worth 1 million yen from Google, 55,000 miles point from Japan Airlines, legal services worth $15,000 from the law firm Orrick and 1 million yen in cash from Autodesk

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SkyREC is a Google Analytics for real stores, allows users to understand how many times and also how long wherein the store customers have been gathing at the most. It will demonstrate a great capability in finding customer flow lines, hot-selling items as well as unpopular items with 12 different core analytics solutions.

At a certain store in Taiwan, it could improve in-store customer traffic 10% and monthly revenue 18% after three months since implementing the SkyREC solution. Since its launch in December of 2015, the solution has been adopted by 400 stores, planning to be deployed into 64,000 stores under 30 brands. This startup was born out of the 11th batch of Taiwan’s AppWorks accelerator.

Recruit Strategic Partners award winner: Giroptic (France)

Supplemental awards: 500,000 yen in cash and one-year free rent until September 2016 of TECH LAB PAAK co-working space in Shibuya, Tokyo

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Giroptic has developed a camera device which enables capture of 360-degree motion pictures with three micro cameras and three microphones but without any software. In addition to Nokia’s Ozo exhibited in the Slush Asia venue at this time, images captured by three cameras are stitched into one 360-degree video stream in real time with an onboard chip. It can be livestreamed via Wi-Fi too.

Typical use cases include projecting images using a virtual reality-enabled head-mounted display (HMD) or browsing on desktop but users can swipe it directly or horizontally towards where they want to look at. It can be also attached to a light bulb socket and work as a 360-degree CCTV camera which enables image transmissions via Wi-Fi in real time. The team has received about 4,000 pre-orders at a Kickstarter campaign in France. Giroptic has 48 employees in France and San Francisco, and is currently funded at $6.1 million.

PR Times award winner: Meleap (Japan)

Supplemental awards: One-year complimentary use of press release distribution from PR Times

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Meleap has developed a sports game environment called Hado, leveraging a combination of several technologies such as spatial perception, smartphone-based HMD and motion sensors. It virtually reproduces decorated rooms and townscapes for up to 10 users upon enjoying games or exercises. They will start with a B2B (business-to-business) model serving leisure and recreational service providers.

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The following two finalists could receive no award but were attracting much attention from an audience and judges:

Vectr (Taiwan)

Vectr is a one-stop graphic design platform that has been integrated with markup editor, prototyping tool and other several functions. With a professional account paying $25 monthly fee, users can use create documents making the most of templates, icons, fonts, stock photos, logs and illustration patterns provided on the platform. It also has editors and libraries for animated content, audios and videos as well.

Users can also sell their templates, icons, fonts, stock photos, logos and illustration patterns to other users through a marketplace. The company will take 30% of the price as a commission when the purchase is made.

MoBagel (Taiwan)

By collecting usage of IoT (Internet of Things) or “connected” home appliances, MoBagel provides consumer electronics manufacturers with business intelligence through a dashboard screen. It will help manufacturers understand usage or customer behaviors of their products. With this solution, manufacturers can grab statistics about how frequently their products are being used or demographics of their user base. Through the analysis, manufacturers can gain user insights that will definitely be useful for future product developments such as considering a suitable lifetime of batteries installed in their products.

Having partnered with Softbank, Philips, Panasonic and other consumer electronics companies, the company also secured $1 million in a seed round from 500 Startups, CyberAgent Ventures, SingTel’s Innov8 incubation initiative and Club Clover.

Edited by “Tex” Pomeroy

Taiwan’s VMFive wins Slush Asia’s pitching competition in Tokyo with app ad platform

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See the original story in Japanese. Slush Asia, the first Asian edition of the Finnish tech conference, was held in Tokyo on Friday, attracting 3,000 attendees from around the world. Accompanied by a number of keynote presentations by speakers and demo booth exhibitions by startups, some 50 teams from Japan and the rest of the world presented their pitches in a huge dome tent venue called The White Rock. See also: Finland’s startup conference Slush announces its first Asian edition in Tokyo Ten startups competed in each of five categories; cloud and marketplace, entertainment, education, tool, and hi-tech and hardware. The five teams selected out of 50 applicants were AlpacaDB, VMFive, Bento Bioworks, Fastmedia, and Fove. Taiwan startup VMFive won the first Slush Asia Pitching Competition. Slush Asia Pitching Competition Winner Entertainment category finalist: VMFive (Taiwan) VMFive provides a virtual environment solution for mobile apps. Their solution AdPlay lets users demo an app before purchasing it with no pre-installed software or SDKs from developers. The company partnered with Japan’s Adways and started a service that lets users demo an app before its launch on Adway’s Yoyaku Top 10 solution (also known in English as PreLaunch Party). They also recently partnered…

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See the original story in Japanese.

Slush Asia, the first Asian edition of the Finnish tech conference, was held in Tokyo on Friday, attracting 3,000 attendees from around the world.

Accompanied by a number of keynote presentations by speakers and demo booth exhibitions by startups, some 50 teams from Japan and the rest of the world presented their pitches in a huge dome tent venue called The White Rock.

See also:

Ten startups competed in each of five categories; cloud and marketplace, entertainment, education, tool, and hi-tech and hardware. The five teams selected out of 50 applicants were AlpacaDB, VMFive, Bento Bioworks, Fastmedia, and Fove.

Taiwan startup VMFive won the first Slush Asia Pitching Competition.

Slush Asia Pitching Competition Winner
Entertainment category finalist: VMFive (Taiwan)

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VMFive provides a virtual environment solution for mobile apps. Their solution AdPlay lets users demo an app before purchasing it with no pre-installed software or SDKs from developers.

The company partnered with Japan’s Adways and started a service that lets users demo an app before its launch on Adway’s Yoyaku Top 10 solution (also known in English as PreLaunch Party). They also recently partnered with Japanese digital ad agency D2C to accelerate efforts to partner with ad networks and app introduction sites.

They mainly target game publishers, generating revenue on a cost-per-trial basis. According to VMFive founder Jessie Wu, the mobile game app market in Russia is 2.5 times larger than that of the US, where the company’s solution delivers two to five times better performance to game developers compared to conventional banner ads or video ads. VMFive has three clients, offering them the service for less than a few US dollars per API (application programming interface) call.

See also:

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Cloud & Marketplace category finalist: AlpacaDB (USA)

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Based in San Mateo, California, AlpacaDB provides a deep learning platform that allows systems to associate tags with or sort non-structural data, such as images leveraging image analyzing technology.

The company serves more than 10 companies including e-commerce platforms and stock photo providers. When users label their photos via the online dashboard, the platform will learn their actions and generate an algorithm to automatically sort photos. The service is free, but a fee will be charged when using based on the algorithm generated.

Education category finalist: Bento Works (UK)

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Based in London, Bento Bioworks develops a hardware for biotechnology experiments for individuals. For example, the device allows you to find out what animal’s meat and ingredients are used in a hamburger by analyzing DNA sequence.

The company, founded just a few months ago, is targeting university students majoring in biology.

Tool category finalist: Fastmedia (Japan)

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Fastmedia has developed a platform called Yappli that allows users to develop a mobile app via drag-and-drop operations. No need to code, but it is available for developing apps for cross-platform such as iOS and Android. SME users are charged $100 a month, while enterprise users pay $1,000.

Seeing 70% QoQ sales growth, the platform is being used in enterprise offices, non-profit organizations, TEDx events, and other citizens’ projects.

Hi-tech & Hardware category: Fove (Japan)

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Tokyo-based Fove is developing a consumer-oriented head-mounted display (HMD) under the same name.

Their product allows users to control with their eyes a 360-degree virtual world using a leading-edge display, eye tracking, orientation sensing and head position tracking via integration of a high refresh rate gyro, accelerometer, and magnetometer sensors.

By detecting a 3D position which a user is looking at, the product will draw a more unblurred image around the position, giving the one a natural and immersive feeling even in the virtual reality space. It also enables users to enter characters via eye-tracking.

The company is expanding to the medical industry to help the physically challenged enter characters, or operate real objects in combination with other IoT (internet of things) devices.

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Translated by Masaru Ikeda
Edited by Kurt Hanson