Incubation Projects
INCUBATION SECTORS
PROJECT OF BIOTECHNOLOGY SECTORS
Founded
2016
Status
Private
Latest Deal Type
Corporate
Financing Rounds
B
BACKGROUND
MILESTONES
- Project kicked off in September 2016
- US$23 million raised to date
- Sold over 20 million sets of self-developed COVID-19 rapid antigen test (FDA-approved)
SMARTUP’S EXECUTION PROGRESS/ ACHIEVEMENTS
- You can recap the work we done to it from the video in our website.
Founded
2020
Status
Private
Latest Deal Type
Corporate
Financing Rounds
A
BACKGROUND
MILESTONES
- Project kicked off in October 2020
- Valuation at US$10 million as of April 2022
- Monthly sales of COVID-19 rapid test reached 500,000 in Hong Kong (early 2022)
SMARTUP’S EXECUTION PROGRESS/ ACHIEVEMENTS
- Helped company develop more than 100 online and offline marketing and sales channels, including retail stores and influencer collaboration
- Connected PandaMed with our partners to develop one-stop solutions to increase product diversity
- Help to generate over US$5 million in sales revenue since 2020
Founded
2020
Status
Private
Latest Deal Type
Corporate
Financing Rounds
SEED
BACKGROUND
ARISTA is a leader in the research and development of infectious disease product. Based in Singapore, it specializes in creating access to innovative and affordable products and technology, as well as providing strategic advisory and data analytics in the management of the COVID-19 pandemic. The company is in collaboration with laboratories, manufacturers and R&D centres in the United States, United Kingdom and Asia – in addition to an expanding global sales network.
MILESTONES
- Project kicked off in July 2020
- Over 100 million COVID-19 test kits sold globally
SMARTUP’S EXECUTION PROGRESS/ ACHIEVEMENTS
- Connected company with exclusive distributor in Hong Kong and six other countries
- Helped develop sales channels that contributes to over US$2 million in sales in five months
- Helped registered and gained regulatory approval for the product in three countries
Founded
2015
Status
Private
Latest Deal Type
Corporate
Financing Rounds
A
BACKGROUND
A Health Check Centre, Laboratory and Pharmaceutical Facility founded in 2015. The company’s vision is to provide customised healthcare solutions to families and individuals, with cutting-edge technologies and experts that offer professional services to keep track of your health at any stage and make better decisions in life.
MILESTONES
Kicked off in August 2020
SMARTUP’S EXECUTION PROGRESS/ ACHIEVEMENTS
- Provide tailor-made marketing expansion strategy
- Lined up with different medical partners for further collaboration
- The result generated with 30% Sales boosting by vertical strategy implementation
Founded
2021
Status
Private
Latest Deal Type
Corporate
Financing Rounds
sEED
BACKGROUND
VIVA LIFE – Build the medical tech platform to help tracing infections disease, with rapid test result, to help analysis the future trend for prevention.
MILESTONES
Project started in April 2021
SMARTUP’S EXECUTION PROGRESS/ ACHIEVEMENTS
- Raised fund US$ 1.3 million, Viva Life established the APP with Version 1.0 completed, the app uses for recording the Antigen Rapid Test result and screening for social venue check-in
Working on Pre-A round fundraising in US$ 5 million, target to achieve by end of 2021
Founded
2021
Status
Private
Latest Deal Type
Corporate
Financing Rounds
PRE-A
BACKGROUND
Balaena specializes in using predictive medical solutions with A.I. diagnostic technology to provide descriptive and diagnostic analytics in oncology.
MILESTONES
- Valuation at US$ 5 million as of April 2022
SMARTUP’S EXECUTION PROGRESS/ ACHIEVEMENTS
- Built the first Predictive Ultra Sound medical report model Beta version in 2021
OTHER INCUBATION SECTORS
PROJECTS OF AGRICULTURE SECTOR
Founded
2018
Status
Private
Latest Deal Type
Corporate
Financing Rounds
A
BACKGROUND
MILESTONES
- Project kicked off in May 2017
SMARTUP’S EXECUTION PROGRESS/ ACHIEVEMENTS
- Assisted in the successful subsidy application under the Chinese government’s agricultural policy
- Assisted in the signing of the MOU with QingHai government to kick start the 1 million-acre desertification control project
OTHER INCUBATION SECTORS
PROJECTS OF FINTECH SECTOR
Founded
2016
Status
Private
Latest Deal Type
Corporate
Financing Rounds
Pre-A
BACKGROUND
Robot Data Company Limited was founded in April 2017, is a Vertical Service Provider (VSP) in Artificial Intelligence (AI) and robotics. It leverages ready technologies to address industry-specific problems using. The company is the member of the Inception program of NVIDIA.
MILESTONES
- The project kicked off in January 2021
SMARTUP’S EXECUTION PROGRESS/ ACHIEVEMENTS
- The project is Invested by Smart Up with the fundraised amount US$ 18 million in total by Feb 2021, looking for an A round with US$ 10 million, by the end of 2021
Founded
2019
Status
Private
Latest Deal Type
Corporate
Financing Rounds
Pre-A
BACKGROUND
Pantheon Lab is a deep learning company focusing on synthesized content technology, A.I. technologies for virtual human applications, A.I. solutions on virtual human ecosystem, and short video & Ads automation.
MILESTONES
- Top 100 finalist of Alibaba Entrepreneur Fund/HSBC JUMPSTARTER (DeepTech category)
- First runner up and Best Performance Award winner at HKSTP’s SciTech Challenge
SMARTUP’S EXECUTION PROGRESS/ ACHIEVEMENTS
- Valuation at US$15 million as of April 2022
- Set up the metaverse business in 2021 May and facilitate the collaboration with ViLab and BetterArena
- BetterArena attains a valuation of US$24 million within 1 year, with annual project revenue reaching US$3 million
Founded
2021
Status
Private
Latest Deal Type
Corporate
Financing Rounds
Pre-A
BACKGROUND
MILESTONES
- Signed partnership with Gulliver Studio, the special effect creator of “Squid Game”
- Assisted in the successful launch of BetterArena, the key event venue in the BetterVerse
SMARTUP’S EXECUTION PROGRESS/ ACHIEVEMENTS
- Valuation of US$15 million as of April 2022
- Successfully conducted seed round funding in 2021
- Created the BetterVerse brand that focuses on virtual entertainment and Multi IP branding events
- Help connect the company with a major Hong Kong-based airline for a future Metaverse project
Founded
2021
Status
Private
Latest Deal Type
Corporate
Financing Rounds
Pre-A
BACKGROUND
MILESTONES
- Project kicks off in 2021
- Co-host Asia’s first big data conference in the metaverse in May 2022
- Received US$ 300,000 investment from AP Capital in 2022
SMARTUP’S EXECUTION PROGRESS/ ACHIEVEMENTS
- Valuation at US$ 24 million as of April 2022
- Helps project achieve monthly revenue of over US$2 million
Founded
2018
Status
Private
Latest Deal Type
Corporate
Financing Rounds
Pre-A
BACKGROUND
MILESTONES
- Awardees of Cyberport Creative Micro Fund (CCMF) and HKX Tech Foundation
SMARTUP’S EXECUTION PROGRESS/ ACHIEVEMENTS
- Valuation of US$ 10 million in April 2022
OTHER INCUBATION SECTORS
PROJECT OF PROPERTY SECTOR
Founded
2020
Status
Private
Latest Deal Type
Corporate
Financing Rounds
SEED
BACKGROUND
A Pre-fabricating House Manufacturing Company, engineered by the famous top notched Steel Structures Manufacturing Company in China, with a target Cap Size US$ 1 Billion, has pre-made housing in factories made in China and shipped to Turkey to supply the local markets there, with coming up plans for worldwide markets like Southeast Asia and the middle-east, aiming to help lowering the cost for housing developers, and enabling the town planning sites to be settled in a much shorter time, enabling effective resources planning in the Value Chain of housing development town planning.
MILESTONES
- Project kicked off in Jan 2020
SMARTUP’S EXECUTION PROGRESS/ ACHIEVEMENTS
- Finalized the company structure and financial model
- Established first project in Turkey in Aug 2020, expected to be ready by 2024. Introduced the registered technology to Somalia Government for further collaboration.
OTHER INCUBATION SECTORS
PROJECT OF ENEGRY SECTOR
Founded
2015
Status
Private
Latest Deal Type
Corporate
Financing Rounds
A
BACKGROUND
Best Ship Energy Management Co., Ltd (BSE) is a Sino foreign joint venture specialized in managing the whole Liquefied Natural Gas (LNG) industrial chain using LNG as fuel for applications in automobiles, ships, ports and filling stations.
MILESTONES
- Project kicked off by Sept 2020
SMARTUP’S EXECUTION PROGRESS/ ACHIEVEMENTS
- Business consultation, project restructuring, aim to fundraise US$ 300 million in Q3, 2021.
- Further assist on Tank shipping service registration on selected countries.