U.REKA Batch 2 announces 8 deep tech research teams passing to Incubation program to develop innovations to drive a sustainable economy and society

Stocks and Financial Services Press Releases Monday July 15, 2019 14:32
Bangkok--15 Jul--Siam Commercial Bank

Digital Ventures Co., Ltd. has revealed that eight deep tech research teams in U.REKA Batch 2 have passed to the Incubation session. The research teams have presented tech-driven research plans to add value to the economy and society, covering healthcare, investment, energy, logistics and supply chain management for a better quality of life. Each team will receive an obligation-free research fund of 200,000 baht and attend a 3-month incubation program to incubate their ideas with professionals in various fields to further develop their research into feasible innovations.

The eight research teams passing to the Incubation program are as follows:
  • Mind My Health: AI/Machine learning and big data technology is applied in developing an analysis system of the standard health and age index to raise awareness among people about the importance of healthcare and prevention of health issues. Biological data including vital signs, physical activities, sleep, stress, memory, quality of life, and mental health are processed and analyzed.
  • Polysense: Based on AI/Machine learning, deep learning technology, and non-contact vital sign monitoring, the platform is being developed for remote babysitting, by observing infants' activities, movements, sleep, emotions, behaviors, and vital signs.
  • !XU: Aims to find medicine to treat neurological disorders such as Alzheimer's disease. The tool is developed based on AI/Machine learning technology and seeks to forecast potential treatments by chemical compounds in a database of compounds in herbal medicines and other medicines.
  • Chroml: Based on machine learning technology, Chroml detects resistant TB through automatic detection quickly and accurately, without using human sight.
  • Inspectra: Based on AI and deep learning technology, this chest X-ray image reader can identify 14 chest irregularities to ease the issue of shortage of diagnostic radiographers and access to specialist doctors in remote areas.
  • OZT Robotics: Based on AI/Machine learning technology and drone and mobile robotics, this 3D mapping innovation aids indoor drones' with self-locating and auto navigation to break limitations on using drones indoors or at locations without GPS. The development opens room for further applications for industries such as stocktaking in large warehouses.
  • FinQuanti: Based on AI/Machine learning and big data technology, this stock investment analysis tool reduces the limitations of traditional data analysis, which requires historical data with uncertain data characteristics. This tool can test specific data, both real data and scenarios.

DeSDev: Employs blockchain technology to develop a market for electrical power credit for liberal and distributed trading among individuals, so that energy consumers at every level can consume energy more effectively. With blockchain technology, the market is transparent and less speculative.

About U.REKA

U.REKA is a university-industry collaboration program designed to foster Thailand's innovation ecosystem, deep technology researchers, and startups to enhance Thailand's digital competitiveness. Among U.REKA partners are leading universities, including Chulalongkorn University, Kasetsart University, King Mongkut's Institute of Technology Ladkrabang, Thammasat University, King Mongkut's Institute of Technology North Bangkok, King Mongkut's University of Technology Thonburi, Mahidol University, Chiang Mai University, Prince of Songkhla University, and Khon Kaen University. Leading Thai and international organizations forming U.REKA partners include Hello Tomorrow Singapore, a non-profit organization focusing on solving global issues with deep technology, Baker McKenzie, 360IP, Microsoft (Thailand), The Knowledge Exchange: KX, Ananda Development, Smitivej Hospital, Bangchak Corporation, WHA Corporation, Siam Commercial Bank, and Digital Ventures. For more information, visit https://www.u-reka.co/en/

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