Startup Demo Day
This demo day is co-organised by NUS Enterprise and Advantage Austria.
As part of Advantage Austria's GoSingapore 2019 programme, 4 start-ups were selected from Austria to land in Singapore and validate their start-up offering here in South East Asia. They are encouraged to use Singapore a test bed for expansion regionally within SEA.
After 8 weeks of mentorship, networking with startups and getting feedback from government agencies and corporations. These startups, along side, NUS Enterprises startups are ready to pitch for funding for investments.
Profile of startups:
With 360kompany, regulated companies can audit proof their business KYC process, reduce their KYC costs and serve their customers more rapidly. kompany provides real-time access to audit-proof commercial register data, including company filings covering more than 100 million companies in 150+ jurisdictions for customer onboarding (KYC), anti-money laundering (AML), enhanced due diligence (EDD) and ongoing compliance processes. kompany is a government clearing house and an official distributor of the European Business Register and local commercial registers worldwide.
MoonVision enables Visual Object Inspection solutions with Artificial Intelligence. The solution is automated defect detection in production facilities, automated food and product detection at the paydesk in shops.
Autowealth (NUS Enterprise)
AutoWealth is one of the earliest and most established robo-advisory platform in SEA. Between May 2016 and Jun 2019 (38 Months), its automated investment algorithm has achieved 21.1% cumulative returns net of fees on a globally diversified portfolio of 60% stocks / 40% gov. bonds. The returns outperformed all comparable unit trusts available in Singapore over the same period.
Since opening the platform to retail investors 2 years ago, its services are loved by a few thousand clients in the region and it is entrusted with tens of millions in AUM. Its B2B2C pension scheme, launched 4 months ago, has also received commitments from 2 MNCs of Fortune 500 fame. AutoWealth has also received an in-principle approval from Securities Commission pending fulfilment of capital requirements.
AutoWealth is seeking funds to scale up its proven business model in Singapore and Malaysia to further disrupt the wealth management industry in SEA.
About NUS Enterprise
NUS Enterprise, the entrepreneurial arm of the National University of Singapore (NUS), plays a pivotal role in advancing innovation and entrepreneurship at NUS and beyond. It actively promotes entrepreneurship and cultivates global mind-sets and talents through the synergies of experiential entrepreneurial education, active industry partnerships, holistic entrepreneurship support and catalytic entrepreneurship outreach. Its initiatives and global connections support a range of entrepreneurial journeys and foster ecosystem building in new markets. These initiatives augment and complement the University’s academic programmes and act as a unique bridge to industry well beyond Singapore’s shores.
For more information, please visit https://enterprise.nus.edu.sg.
About ADVANTAGE AUSTRIA / AUSSENWIRTSCHAFT AUSTRIA
The Austrian Commercial Service & Trade Promotion Organisation
Our worldwide network, your advantage. ADVANTAGE AUSTRIA / AUSSENWIRTSCHAFT AUSTRIA, with over 100 offices in more than 70 countries, provides a broad range of intelligence and business development services for both Austrian companies and their international business partners.
Around 800 employees and 35 consultants around the world can assist you in locating Austrian suppliers and business partners. We organize about 1,200 events every year to bring business contacts together.
Other services provided by ADVANTAGE AUSTRIA / AUSSENWIRTSCHAFT AUSTRIA offices range from introductions to Austrian companies looking for importers, distributors or agents to providing in-depth information on Austria as a business location and assistance in entering the Austrian market.