The 11th Lee Kuan Yew Global Business Plan Competition Prize Winners
The Lee Kuan Yew BETA Prize (0 to 1 Category)
MEDEA Biopharma is developing a new generation of sustainable and eco-friendly antibacterial solutions as alternatives to chemical and harmful antibiotics, copper and pesticides, to effectively combat harmful bacteria in humans, animals and plants. The solutions can be tailored for application in various industries including healthcare, cosmetics, food safety and agriculture.
The Lee Kuan Yew Infinity Prize (1 to Infinity Category)
PlasticFri is a greentech company with a breakthrough technology that turns agricultural waste into eco-friendly products, such as cups, straws, packaging to replace plastics. To date, the company has sold more than 10 million products, saved more than 52,000 litres of water and eliminated 5,000 kg of plastic waste.
SMU Chancellor Cup
NEU Battery Materials achieved the world's first patented lithium battery recycling using electrochemical separation. With this technology, the process for producing battery grade lithium is up to 100x less polluting and up to 10x more profitable compared to existing recycling technologies.
Maybank Young Entrepreneurship Shield
NEU Battery Materials achieved the world's first patented lithium battery recycling using electrochemical separation. With this technology, the process for producing battery grade lithium is up to 100x less polluting and up to 10x more profitable compared to existing recycling technologies.
Startup SG Grant BETA Prize (0 to 1 Category)
MEDEA Biopharma is developing a new generation of sustainable and eco-friendly antibacterial solutions as alternatives to chemical and harmful antibiotics, copper and pesticides, to effectively combat harmful bacteria in humans, animals and plants. The solutions can be tailored for application in various industries including healthcare, cosmetics, food safety and agriculture.
Startup SG Grant Infinity Prize (1 to Infinity Category)
PlasticFri is a greentech company with a breakthrough technology that turns agricultural waste into eco-friendly products, such as cups, straws, packaging to replace plastics. To date, the company has sold more than 10 million products, saved more than 52,000 litres of water and eliminated 5,000 kg of plastic waste.
Wavemaker Sustainability Investment Prize
MEDEA Biopharma is developing a new generation of sustainable and eco-friendly antibacterial solutions as alternatives to chemical and harmful antibiotics, copper and pesticides, to effectively combat harmful bacteria in humans, animals and plants. The solutions can be tailored for application in various industries including healthcare, cosmetics, food safety and agriculture.
Best Professor-Student Team Prize
MirZyme Therapeutics is using its proprietary predictive tools and creating targeted therapeutics with companion diagnostics for the management of preeclampsia for which there is no cure. They have 5 assets, 10 global patents and an Innovation Passport from the Medicines and Healthcare products Regulatory Agency of the United Kingdom for the prevention of preeclampsia.
People's Choice Award (Beta)
MEDEA Biopharma is developing a new generation of sustainable and eco-friendly antibacterial solutions as alternatives to chemical and harmful antibiotics, copper and pesticides, to effectively combat harmful bacteria in humans, animals and plants. The solutions can be tailored for application in various industries including healthcare, cosmetics, food safety and agriculture.
People's Choice Award (Infinity)
PlasticFri is a greentech company with a breakthrough technology that turns agricultural waste into eco-friendly products, such as cups, straws, packaging to replace plastics. To date, the company has sold more than 10 million products, saved more than 52,000 litres of water and eliminated 5,000 kg of plastic waste.
Kajima Innovation Award - Grand Prize
Active Surfaces [Website]
Active Surfaces envisions a future where any surface can be solarised. It developed proprietary, Massachusetts Institute of Technology-patented flexible thin-film solar modules that are 10x lighter than comparable modules with the efficiency and stability to fight climate change.
Kajima Innovation Award - Runner-Ups
Biowerkz [Website]
Biowerkz developed a novel bio-based, resource-efficient, and CO2-negative material “NEWood” using only organic waste and natural binders, which can potentially save up to 30,000 trees and reduce waste disposal operational costs by 20% over 5 years.
Emerstat [Website]
Emerstat developed a superhydrophobic hemostatic material that leverages nanostructural engineering to enable rapid clotting, a significant reduction in blood loss, and the risk of secondary bleeding along with the prevention of infection. With this product, the startup aims to reduce blood loss by 20x and reduce the force required to remove the patch by 420x compared to the current standard, respectively.
Magorium [Website]
Magorium converts contaminated plastic waste into a new material, NEWBitumen, to build green roads. By end 2022, the startup has paved 4 green roads in Singapore, and has diverted more than 8,000 kg of plastic waste from incineration.
Sembcorp Greennovation Award
1st Prize - Tianjin Hermos Technology
Tianjin Hermos Technology offers carbon dioxide emission reduction technology solutions for carbon emitting enterprises in the industrial and energy fields. To date, the startup’s product has helped more than 10 enterprises reduce 1.3 million tonnes of CO2 emissions.
2nd Prize - Active Surfaces [Website]
Active Surfaces envisions a future where any surface can be solarised. It developed proprietary, Massachusetts Institute of Technology-patented flexible thin-film solar modules that are 10x lighter than comparable modules with the efficiency and stability to fight climate change.
3rd Prize - NEU Battery Materials [Website]
NEU Battery Materials achieved the world's first patented lithium battery recycling using electrochemical separation. With this technology, the process for producing battery grade lithium is up to 100x less polluting and up to 10x more profitable compared to existing recycling technologies.
Zhang Fan Global AI Initiative Award
Adravision [Website]
Adravision developed software that detects cavities and other dental problems on dental x-rays faster and more accurately by incorporating state-of-the-art computer vision algorithms, so dentists can focus on performing dental procedures on patients. Their pilot with 20 dentists shows a significant increase in diagnostic accuracy from 59% to 91%.
Ailytics [Website]
Ailytics enhances safety and maximizes productivity by leveraging on existing cameras to receive real-time actionable insights and make better informed decisions.
InteractAI [Website]
InteractAI creates realistic virtual humans to simulate real-life scenarios and helps learners hone their interpersonal communication and management skills.
NeuroWeave
NeuroWeave is committed to researching and developing cutting-edge artificial intelligence and neuroscience technologies for the diagnosis and intervention of neurodegenerative diseases. It aims to benefit 250 million senior citizens across China through the detection of neurodegenerative diseases from the general screening population.
YIT Haina Innovation Prize
FLock.io [Website]
This startup merges AI & blockchain to enable secure, decentralised machine learning model training. The platform offers privacy, interoperability, and innovative on-chain consensus, fostering a robust community of developers and researchers. The team is currently partnering 4 professors and 10 researchers to push the boundaries in distributed learning and blockchain, and to date has achieved an award-winning paper and garnered 100,000 citations.
Huaxia Semiconductor
This startup is a high-tech enterprise specialising in the R&D and production of high-purity gallium (Ga) and gallium nitride (GaN) substrate materials for semiconductor integrated circuits. The company aspires to disrupt the global GaN market that underpins the 3rd generation of semiconductor materials.
Maybank ASEAN Startup Award Winners
MassPrint Technology Group
This startup aspires to be the leader in mass transfer equipment and make MicroLED displays more affordable for people, with its low-cost (50% reduction), high-efficiency (100x higher) direct-laser-writing mass transfer technology and 18 related patents.
Emerstat [Website]
This startup developed a superhydrophobic hemostatic material that leverages nanostructural engineering to enable rapid clotting, a significant reduction in blood loss, and the risk of secondary bleeding along with the prevention of infection. With this product, the startup aims to reduce blood loss by 20x and reduce the force required to remove the patch by 420x compared to the current standard, respectively.
YaBez [Website]
This startup has developed a natural, topical steroid-free treatment option for Psoriasis and skin inflammatory diseases. The product can potentially help 125 million Psoriasis patients.
INTA Foundation Social Innovation Prize
Karla Bionics [Website]
This is a startup with a vision to empower the disabled through accessible assistive devices. Their current product is the Raga Arm, a functional, intuitive prosthetic arm with a lightweight bionic-like design. Raga Arm’s versatile gripping technology helps users activate the gripping function intuitively and allows them to access 6 main grip types without the need to change or reset the device.
Zhi Yin
This startup developed an intelligent system developed using speech recognition, speech synthesis, gesture recognition and augmented reality to address the challenges of communication between hearing impaired and those with normal hearing.
