Hong Kong, August 8, 2018 – On Thursday 2nd August 2018, Betatron held its Demo Day for the ten startups in cohort 3. The event was held at the Hong Kong Stock Exchange with a total of 675 people registering for the event. During the event, each startup delivered a five-minute pitch showcasing their business and the traction they’ve been generating.
Each startup in Betatron received US$30,000 investment and was guided through an intensive four-month period to refine their business model and fast-track them, grow, scale and raise their first institutional funding round. The startups were given free office space located at the Betatron Lab at naked Hub (Bonham Circus, 40-44 Bonham Strand, Sheung Wan, Hong Kong) for the duration of the four-month programme.
The Ten Startups in Cohort 3
3DNA 3DNA helps you get the perfect pair of eyewear. Starting with a face scan, you collaborate with an optician to customise glasses at their interactive kiosk. Combining Retail 2.0 and digital manufacturing, 3DNA provides a vertically integrated solution for personalised eyewear. This allows them to deliver products that are one of a kind, perfect fitting, and emotionally connected to you. 3DNA launched at Vision Expo in March 2018 in New York. Since then, they have placed kiosks in 6 retail shops and booked over $85,000 in sales.
CryptAM CryptAM is setting the professional asset management standards in the cryptocurrency asset class by providing investors with reliable and institutional-level access to the growing cryptocurrency market. CryptAM tackles this field as a Digital Asset management company, integrating traditional investment management standards into blockchain related assets, delivering superior index methodologies as licensor and managing investment funds with an aim to maximize upside returns while minimizing downside risks and a passive ETF strategy. They employ quantitative research via contemporary statistical analysis and A.I. machine learning processes to reveal market insights to drive value creation for investors.
Green Is The New Black Green Is The New Black is building the biggest community of conscious brands in fashion, lifestyle, beauty & F&B and consumers in Asia. Their aim is to make sustainability mainstream, sexy and accessible on a daily basis, for everyone. They do this through conscious festivals in Singapore and
Hong Kong which has brought more than 10,000 people attendees together. And an online curated platform which includes media content and a directory of 80+ brands which are clients and members.
Oxpecker Labs Oxpecker Labs is a deep biotech company that specializes in sensor technology. They have developed a smart hydration monitoring system that composes of a multi-sensor module with sweat sensor and advanced algorithm for dehydration and heat stress prevention. The patent-pending, non-invasive sweat sensor tracks electrolyte loss and provides actionable suggestions to recommending ideal fluid intake levels on an app. They have miniaturized the sensor to allow easy integration into different forms of wearables, such as patches, watches, glasses and safety helmets, etc. There are many commercial applications for their technology such as health, sports, and the construction industry. Oxpecker Labs has a team of 7 people with 4 PhDs. Combined, the team has over 80 years experience in sensing technology, manufacturing, patent application and business development.
PatentBot PatentBot is a chatbot that helps register IP rights. It is multi-lingual, works 24/7, and now operates in the US and EU. During the last year, they’ve built a solution that covers 30 countries and has been reaching impressive milestones:
One of the best legal innovations in 2017
Bot of the year by Product Hunt
700 paid customers worldwide
US$22k grant from the Netherlands
More than 10k unique users
20,000 TM searches
Sinotech Marine Sinotech Marine is an online platform which connects the shipping industry to shipping consultants around the world. Established by a team of senior maritime professionals, Sinotech Marine offers specialized independent technical consulting services globally to ship owners, buyers, shipping equity investors, banks (plus other financial Institutions), ship charterers, and operators. Since launching last year, the company has generated over US$150K in revenue and has a 100% repeat order rate from clients.
TAP Media Tap Media owns and operates three of the largest, dedicated websites covering mixed martial arts in Asia, an industry of more than 200 million passionate fans from Japan to Indonesia, China, Singapore. For the past year, Tap Media has been on an aggressive growth path, acquiring two of the best MMA news websites in Hong Kong and Singapore, building out its senior management team and expanding its operations into. On 14 September Tap Media will launch the Asia MMA Awards in Hong Kong – a new initiative to bring the sport to another professional level.
Trademonk Trademonk is an all-in-one, cloud-based platform that allows restaurants & bars to find and order wine, beer & spirits from suppliers in less than 5 minutes. Trusted and relied upon on by some of APAC’s
F&B giants, Trademonk was built from the ground up help establishments of all sizes optimise and streamline their back-of-house operations.
Vfluencer Vfluencer is an influencer marketing platform which helps brands and agencies to identify and manage high-quality micro-influencers at scale. They use data analytics to benchmark and locate influencers and use A.I. to categorise and identify the most relevant ones. In essence, they turn influencers into a sales army for brands, which allow influencers to continuously generate revenue for brands. The team includes experienced entrepreneurs and A.I. and marketing experts. Since launching three months ago, the searching engine has already scrapped 220,000 influencers from Hong Kong, China, and Asia making US$30,000 monthly revenue.
Weesper Weesper is an HR Tech startup based on crowd-sourcing. Hiring companies receive quality referrals from a community of referrers who compete to source the best talents in the market in exchange for significant cash rewards. Cheaper than recruitment agencies and more effective than job boards, Weesper allows a peer to peer recommendation based on trust. Weesper believes in the human voice in the system, stating that good recruitment cannot be achieved by a machine, but through human screening, and yet, being innovative, cheaper and more efficient.
Quotes “We’re delighted to see the traction our ten startups have generated since they started cohort 3.
It’s not surprising to see a significant amount of investor interest shown already for each team. It’s been exciting to see the Betatron program improving each cohort, with more investors, mentors, and experienced entrepreneurs joining our network to provide hands-on guidance and support for our startups. The plans for the next few cohorts are already underway, with the vision to take Betatron to the next level to support the Greater Bay Area’s entrepreneurial ecosystem.” Sam Ameen – Director of Marketing, Betatron
About BetatronBetatron invests in promising startups, refines their business models and fast-tracks them to grow and scale over an intensive four-month period. Betatron is a network of Investors, Entrepreneurs, Startups, Mentors, and Alumnus; focused on empowering founders. Through the Betatron platform, they provide funding, hands-on support, and unprecedented network access to drive business outcomes.
Betatron’s founding partners are IC Studio, MindWorks Ventures, Vectr Ventures, CoCoon Ignite Ventures, The Aria Group, and Incu-Lab.