Taiwan clinches five awards at InnoVEX Pitch Contest
- The InnoVEX Pitch Contest held in Taipei showcased 150 startups from over 20 countries competing for awards.
- Taiwan Research-Institute Entrepreneur Ecosystem won five awards, with companies like DeepRad.AI receiving recognition for their innovative technologies.
- This success highlights Taiwan's efforts to enhance its technology ecosystem and support domestic entrepreneurship.
Taiwan showcased its innovative technology prowess at the 10th edition of the InnoVEX Pitch Contest held from May 20-23, 2025, in Taipei City during the Computex trade show. The event gathered 150 startups from over 20 countries competing for nine awards worth a total of US$140,000. Notably, five awards were claimed by corporations supporting the Taiwan Research-Institute Entrepreneur Ecosystem, reflecting Taiwan's strength in entrepreneurship. The winning companies included DeepRad.AI Inc. from Taipei City, Soic Marine Solutions Co. from New Taipei City, and KopherBit Co. and EndoSemio Co. from Hsinchu County, among others. Each winner received recognition for their innovative contributions, such as DeepRad.AI's specialized focus on artificial intelligence in medical imaging analysis. This success demonstrates the increasing globalization of Taiwan's tech ecosystem and its commitment to facilitating domestic corporations in accessing global resources, particularly through accelerator projects like Berkeley SkyDeck. The Ministry of Economic Affairs stated that this initiative aims to bolster entrepreneurship within the nation and illustrates the effective collaboration between government bodies and private sectors in Taiwanese technological advancement.