By : Nayantara Bhat
April 18-21, 2019
AsiaWorld Expo, Hong Kong
Startup Launchpad held its Spring 2019 show from April 18 to 21. As always, the exhibition took over the sprawling AsiaWorld Expo complex in Hong Kong, filling up with buyers and retailers of hardware and business-to-business (B2B) products.
Organized by B2B marketplace and trade facilitator Global Sources, Startup Launchpad brings a wide variety of hardware startups to Hong Kong, placing them in front of buyers from around the globe.Now about to close its fifth decade of operation, Global Sources is a leading voice for the B2B sector, and each event showcases 300 businesses to over 37,000 global buyers from 141 countries and regions.
The highlight of the biannual show was the Startup Launchpad Investment Competition, or SLIC. Ten startups were selected from hundreds of applicants to pitch to an investor panel, with prizes worth up to HK$500,000 up for grabs.
The Spring 2019 winner is Macro Array Diagnostics GmbH (MADx), a medtech and allergy diagnostics startup based in Vienna. Headsup, a smart helmet for motorcycle safety, snagged the runner-up position, followed by Lify (pictured), an IoT device for herbal tea.
“This competition enabled us to meet so many important players from the startup ecosystem, where we get to access trusted producers, manufacturers and service providers to help scale our project,” said MADx CFO Florian Schnabl. –NB