Cyberview Living Lab accelerator programme prepare startups for post-pandemic reality
By Digital News Asia September 9, 2021
- Five digital-driven startups chosen to joined 16th cohort of the accelerator programme
- Will accelerate development, commercialisation of high-tech, e-commerce and mobility solution
Cyberview Sdn Bhd (Cyberview) continues its commitment to support the startup community with their business development and commercial-readiness through the Cyberview Living Lab Accelerator (CLLA) programme.
In a statement, it said five startups were selected by a committee for the 16th cohort of the accelerator programme following a stringent evaluation process.
The five are: Klean, Supagene, Hive, Guardian AI (BeacoHealth) and Dwebly.
These companies will accelerate the development and commercialisation of high-tech, e-commerce and mobility solutions across a variety of industries, including healthcare, mobility and retail, throughout the five-month programme, the company said.
“Amidst the economic disruption, businesses are challenged with how best to ensure business continuity. As we enter the recovery phase, it is more critical to ensure that we continue to support tech solutions we foresee will play a greater role in a more digitised reality,” said Najib Ibrahim, managing director of Cyberview.
“An endemic presents us with a unique opportunity to work on a necessary trajectory towards commercialising demand-led solutions in a post-pandemic world. The new cohort in particular, reflects this commitment,” he added.
Najib said the accelerator programme provides startups with the right tools to focus, refine their solutions and gain critical advantage towards this end.
The CLLA programme by design serves as a springboard for startups and innovators looking to move towards commercialisation, Cyberview said.
Through the programme, the entire city of Cyberjaya is offered as a sandbox and enables them to undertake proof-of-concept testing of their goods and solutions, it said.
With Cyberview’s support, those selected can also network and interact with key industry professionals, as well as gain access to both domestic and worldwide markets through private and public initiatives, it added.
Since 2013, the CLLA programme has assisted 85 startups in raising over US$38 million (RM158 million) in total capital, generating over US$66 million (RM276millon) in total revenue, and creating over 709 jobs, Cyberview claimed.
[RM1 = US$0.24]
“To meet the challenges posed by the pandemic, businesses had to react in agile and decisive ways. As they move forward, the focus will turn to the development of innovative solutions that cater to the changing market landscape,” said Shafinaz Salim, head of Cyberview technology hub development division.
The five startups will be offered rent-free workspace at Colnnov8, a smart city collaborative space sponsored by Cyberview, throughout the programme.
They will receive industry mentoring and different value-added services worth over RM100,000 as well as opportunities to trial their ideas with Cyberview and Cyberjaya stakeholders.
Towards the end of the programme, they will be given a platform to present their ideas and solutions to relevant investors, business partners, government agencies, and the media.
The five chosen startups from Cohort 16 are:
- Klean, which offers artificial intelligence-driven vending machines that encourage recycling by incentivising reward points that can be turned into e-credit.
- Supagene, a healthtech startup that offers a convenient and dependable home-based DNA testing and personalised wellness solution for consumers who want to discover the best approaches to achieve their wellness objectives.
- Hive, an automobile application that connects the dots for motorists from the moment they book their reservation for a car wash to sending their car in for detailing.
- Guardian AI (BeacoHealth), a smart healthcare business that delivers intelligent gadgets capable of enhancing the quality and safety of care for the elderly through automation and AI-powered technologies, relieving caregivers of repetitive tasks and freeing up their time for more compassionate care.
- Dwebly, a company that offers an all-in-one business platform that creates technological solutions to help SMEs grow their business online.
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