SPRING Singapore has today announced that 15 startups have received the proof-of-concept and proof-of-value grants under its SPRING Singapore’s Technology Enterprise Commercialization Scheme (TECS). The total value of the grants add up to S$6 million (US$4.85 million), encompassing a variety of startups in areas such as medical devices, electronics, engineering, and infocommunications. The 15 startups are:
1. Neurostyle
Through virtual reality games, Neurostyle aims to teach the brain to ‘rewire’ itself, which serves as a new methodology to help people recover movement in their limbs.
2. Hexalotus Technology
Liver cancer is one of the top ten cancers diagnosed in male Singaporeans. The Singapore-based company specializes in the development and provision of 3D modelling that will aid doctors in risk analysis and surgical planning. The web-based platform also helps facilitate consultation and provide assistance to surgeons.
3. T.Ware
T.Jacket, a product of T.Ware, simulates deep pressure massages, which calms children or patients suffering from autism, preventing them to going into uncontrollable fits. The patient can wear the T.Jacket anywhere and be controlled using the T.Jacket smartphone app, making it easy for parents and therapists to activate and control the jacket discreetly and remotely. The pressure levels can also be customized and varied according to individual preferences.
4. Envichem
This Malaysia-based startup allows one to recover valuable metals such as nickel and tin from waste metal parts in the most environmentally-friendly way possible. With this new technology, the metal parts are soaked in a ‘bath’ where they are allowed to continuously regenerate. At the same time, the chemicals used are significantly reduced, without having to compromise on the efficacy of the process.
5. Water Optics Technology
This startup aims to offer real-time monitoring of water quality using its ‘parasitometer’, where you can detect germs and bacteria within 24 hours, instead of taking several days to find out the levels.
6. Zimplistic
The Singapore-based startup is developing the world’s first fully-automatic flatbread maker, the Rotimatic. Families who eat flatbread as a staple food can now make them easily at home, which was once a process where skilled hands and intensive labour were both required. Rotimatic also has a sensing system where it can adapt to different flour types which have different water absorption characteristics and capacities.
7. RecordTV
RecordTV caters to an audience in Singapore, and positions itself as a smart content compression technology that allows users to start playing partially recorded live content, as opposed to digital video recordings that requires content to be fully recorded first.
8. GridComm
GridComm is a self-configuring software which can identify and adapt to changes in power lines to help optimise energy consumption.
9. Eyeota
Eyeota is an international marketplace for anonymous web audience data. It helps publishers to build and segmentize audience data, then monetizes it via the Eyeota data marketplace. It aids owners in maximizing audience data revenue, find the audience they want, and maximize campaign results.
10. DynaOptics
With DynaOptics, you can now say goodbye to ugly digitally zoomed-in photographs. It aims to develop a miniature optical zoom lens for mobile phone cameras to allow optical zoom to be achieved through minute, lateral movements. With its compact size, it makes it appealing for use with mobile phones.
11. Membrane Instruments
Also a Singapore-based company, Membrane Instruments is a membrane process optimization company. It offers value-added advisory services and implements a whole suite of proprietary sensing, computing, and actuating system in membrane plants.
12. Banff Cyber
The Singapore-based company positions itself as a cyber security specialist, offering a wide range of cyber security services and solutions to meet the security needs and requirements of enterprises and organizations. It provides alerts on abnormal activity on websites, which is especially useful for corporations that face security risks such as website defacement and malware.
13. Maxsolar
This is an enhanced technology for solar panels that overcomes current limitations of both centralised and detachable inverters, and can increase energy yield by up to 20 percent.
14. Printed Power
(Unfortunately, we were not provided any information on this startup.)
15. CellSievo
CellSievo allows you to diagnose cancer using non-invasive methods. It utilizes circulation of tumor cells in the human blood as a biomarker. With the system, it can isolate cancerous cells from patients’ blood and report on its quantity. The isolated cells can then be eluted for further analysis, which will assist doctors to predict the progress of the disease, hence choosing the right treatment options for personalized cancer management.
Since the launch of TECS, SPRING has around 150 projects, which adds up to around S$50 million worth of grants. Some noteworthy startups include Sofshell, Clearbridge Biomedics, and Endomaster. For startups who are keen to participate in the quarterly grant call for TECS POV, the applications will close June 30, 2013. For more information, please visit its website here.
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