Hong Kong’s Nest Investment Teams Up With AIA to Launch an Accelerator For Wearable Healthcare Startups

This year has stirred Hong Kong into an accelerator-launching frenzy as many corporates seize the opportunity to enter the tech investment space.

Besides Accenture’s ‘FinTech Innovation Lab’ launching back in June, Swire Properties’ ‘blueprint’ for B2B startups has also arrived on the scene. And now? Pan-Asian life insurance group AIA teams up with investment incubator Nest to create a new accelerator program for wearable tech and healthcare startups.

The 12-week program, which is ‘no strings attached’ and free to startups, will bring on eight companies where they’ll be supported through their business growth and development journey.

“Entrepreneurs often try to develop solutions to problems that are most relevant to their daily lives,” said Simon Squibb – CEO of Nest Investments. “Since healthcare and lifestyle are big on the priority list for people in Asia, we believe startups in this region are particularly well-placed to disrupt the future of industries like healthcare and insurance.”

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Here They GoGo Again: Hong Kong’s GoGoVan Raises US$10 Million in Strategic Investment to Enter China


GoGoVan, Hong Kong’s homegrown success story, has raised an additional US $10 million from RenRen Inc. “The Facebook of China” took a 10% stake in the logistics tech startup, becoming a minority shareholder.

Since their launch in July 2013, GoGoVan has been in the fast lane and have established the largest logistics fleet in Hong Kong, having signed up over 20,000 registered commercial vehicles. After successfully testing the expansion waters in Singapore and operating a fleet there with more than 3,000 vehicles, GoGoVan has moved onto Taipei and plan in expanding to Sydney, Melbourne and Seoul by the end of this year.

Remember our post back in February where we named GoGoVan co-founder Steven Lam one of the ‘Top 3 Hong Kong Founders to Watch?’ Back then, GoGoVan already had 12,000+ drivers downloading the app and over 100,000 user downloads and now they’ve scaled up to 74,000 registered drivers and over 500,000 user downloads. And just three months ago, GoGoVan raised a huge series A round of $6.5 million and have now added an additional $10 million to their account to fund their expansion into China. Talk about pedal to the metal.

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The Future Past Will Be Televised: Video from Startups of Future Past Now Available


Happy Friday startup community! For those that missed our final big event of the year ‘Startups of Future Past’, which was a part of Hong Kong’s very epic Startmeup Week 2014, we’ve got you covered.

As our startup scene (alongside StartupsHK and our co-founder Gene Soo) turned five this year – we wanted to put together an event captured the past, present and future of Hong Kong’s ecosystem. Besides taking a stroll down memory lane with a batch of startup pioneers, we treated the audience to pitches from six of Hong Kong’s hottest startups – and put together a diverse panel of futurists that predicted what was to come.

For those that prefer text, read our ‘Round-Up of Our Final Big Event of the Year ‘Startups of Future Past’- Part of StartmeupWeek 2014 article. It’s got a recap of each panel as well as tweets and Instagram posts from our community as the event unfurled.

For those that want the full video recap, check out our videos below!

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