Meet the 4 innovations that catch our eyes at the Deal Fridays X SEEDS Capital event

On Tuesday, SEEDS Capital, the investment arm of Enterprise Singapore, hosted the Deal Fridays X SEEDS Capital pitching and networking session at the Singapore Week of Innovation and Technology 2024 (SWITCH 2024). The event complemented the SEEDS Deep Tech Showcase at the main exhibition hall.

Hosted at the Marina Bay Sands Convention Centre, this edition of Deal Fridays brings together startups from the Healthcare and Biomedical, Urban Solutions and Sustainability, and Quantum Technology sectors, as well as SEEDS Capital’s network of corporates, partners, global investors and innovators across Singapore’s deep tech startup ecosystem.

Each participating startup will pitch its solutions and innovations to potential partners.

At the event, e27 witnessed presentations from the 15 companies with some of these companies also showcasing their solutions at the SEEDS Deep Tech Showcase as well.

Some of the most eye-catching innovations we saw included Insectta, an ento-powered biotech company. Its patented extraction technology produces high-value biomaterials for the pharmaceutical, organic electronics, and personal wellness industries, among the few.

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It aims to create sustainably-produced chitosan and melanin with better functionality and yield by working with black flies. It aims to improve accessibility to these high-quality ingredients for manufacturers looking to optimise both performance and circularity.

Also in the area of sustainability was N&E Innovations which has engineered a natural and non-toxic antimicrobial called Vikang99 technology. The material eliminates virulent particles with a long-term effect to prevent transmission and mitigate resistance for a more sustainable future.

The solutions works as a replacement to the traditional plastic-made cling wraps, enabling businesses and customers to cut down on the need for plastic packaging for food products.

From the logistics sector, Speedcargo Technologies leverages computer vision, advanced algorithms, and AI to revolutionise air cargo operations for airlines and ground handlers.

The solutions work in a way best described as “Tetris-like”: First, it scans the boxes and containers that users intend to ship to get clear and precise measurements. Then, based on the information gained through the process, they “design” a better allocation for these boxes and containers, ensuring efficient delivery.

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From the health tech sector, QuantumTX develops fitness and medical devices that enhance fitness and health through magnetic muscle energetic training, promoting exercise as medicine.

Central to its innovation is a unique Magnetic-Mitohormesis Technology created in collaboration with ETH Zurich and the National University of Singapore (NUS). This technology uses proprietary magnetic signals to stimulate muscle mitochondria, delivering the benefits of exercise without physical stress or strain.

With this solution, the company aims to create an effect on users’ bodies similar to exercising without the need for exercise itself.

“SEEDS Capital has been hosting Deal Fridays that is an avenue for our portfolio companies to share more about innovation and connect with a wider community of investors and corporates. Our past Deal Fridays has brought success stories for our portfolio companies, translating into a successful investment to continue supporting the companies on their fundraising journey,” said Tan Kaixin, General Manager at SEEDS Capital, on her opening speech.

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