logo
PolyU startups showcase innovation and entrepreneurial achievements at London Tech Week 2025

PolyU startups showcase innovation and entrepreneurial achievements at London Tech Week 2025

Zawya12-06-2025
HONG KONG SAR - Media OutReach Newswire - 12 June 2025 - The Hong Kong Polytechnic University (PolyU) took part in the world-renowned London Tech Week 2025 held from 9 to 11 June in London, UK, as the only participating university from Hong Kong. Four PolyU startups showcased their ground-breaking innovations in artificial intelligence (AI), advanced manufacturing technologies and healthcare solutions. The event attracted business leaders, industry experts and investors from around the world, providing the PolyU startups with valuable opportunities to explore potential collaborations and establish partnerships.
PolyU is committed to translating cutting-edge research into impactful solutions that address real-world challenges. Below are introductions to the four PolyU startups.
PolyU Startup
Founder(s)
Introduction
Advantage Data Vision Limited
Prof. Lawrence Wing Chi CHAN
Associate Professor, Department of Health Technology and Informatics; and Director, Advantage Data Vision Limited
The startup has leveraged massive real‑world, multi‑omics datasets and patented AI algorithms to create a cloud‑based platform that accurately predicts patients' response to cancer immunotherapy. The deep‑learning engine guides clinicians, optimises hospital resources, reduces adverse events and accelerates pharmaceutical trials through precise patient stratification and risk assessment, delivering tangible value worldwide.
Light-weight Technologies Limited
Prof. Jianguo LIN
Chair Professor of Materials Technologies, Department of Industrial and Systems Engineering; and Co-founder and Chairman, Light-weight Technologies Limited
Dr Qingsong WENG
Research Associate, Department of Industrial and Systems Engineering; and Co-founder and Chief Executive Officer, Light-weight Technologies Limited
The startup uses their globally unique light alloy manufacturing technologies, such as advanced hot stamping and extrusion techniques, with its self-developed smart industrial software and advanced simulation platform to produce ultra-thin, ultra-wide light alloy profiles and complex curved profiles that are unattainable with existing manufacturing processes. The startup provides high-strength, lightweight, cost-effective, and sustainable solutions that enable energy saving and emission reduction for the automotive, aerospace, railway, marine, and other engineering sectors, gaining wide recognition from leading global OEMs.
UbiquiTech Innovations Limited
Prof. Jiannong CAO
Dean, Graduate School; Otto Poon Charitable Foundation Professor in Data Science; Chair Professor of Distributed and Mobile Computing; Director, Research Institute for Artificial Intelligence of Things; Director, University Research Facility in Big Data Analytics; and Co-founder and Chief Scientist, UbiquiTech Innovations Limited
Dr Zhixuan LIANG
PolyU GBA Postdoctoral Fellow; and Chief Executive Officer, UbiquiTech Innovations Limited
The startup is committed to the intersection of robotics, AI and smart city solutions, with a view to developing cutting-edge autonomous robots designed to address complex challenges in modern urban and industrial environments.
viAct
Mr Gary Chun-kui NG
Co-founder and Chief Executive Officer, viAct
Mr Hugo CHEUK
Co-founder and Chief Operating Officer, viAct
viAct is a pioneer in AI monitoring technology dedicated to enhancing safety and efficiency in heavy industries such as construction, oil and gas, and manufacturing. The startup made it onto Forbes Asia 100 to Watch list in 2022. Its leading, globally deployed technology "Scenario-based Vision Intelligence", was showcased at renowned international events such as the World Economic Forum.
At the event's panel discussion themed "Creating the Future from Campus: Why are University Spinouts so Important for Innovation?", Prof. Christopher CHAO, PolyU Vice President (Research and Innovation), shared his insights into knowledge transfer, the nurturing of university spinouts, and the support and resources available to PolyU startups. Prof. Chao remarked, "Supported by PolyU's signature startup ecosystem, PolyVentures, our startups are spearheading translational innovations that generate long-lasting global societal impact. Our ecosystem not only provides invaluable development opportunities but also fosters the international growth of our entrepreneurs. I am delighted to see PolyU startups shine at London Tech Week, inspiring global audiences with their creativity and determination to make a difference."
This year, the London Tech Week attracted over 45,000 participants from more than 90 countries, including startups, technology giants, investors and innovators. The event provided a platform for startups to engage in person with venture capitalists, corporate investors and angel investors; promote their solutions on dedicated stages; connect with industry leaders at the forefront of innovation; and gain valuable insights from successful entrepreneurs who have expanded globally. For more information, please visit the event website.
Hashtag: #PolyU
The issuer is solely responsible for the content of this announcement.
PolyU
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

UK firms lose taste for US investment, Deloitte survey shows
UK firms lose taste for US investment, Deloitte survey shows

Zawya

time35 minutes ago

  • Zawya

UK firms lose taste for US investment, Deloitte survey shows

The attractiveness of the United States as an investment destination has plunged in the eyes of British business executives who now see opportunities closer to home, a survey showed on Monday. Deloitte's survey of chief financial officers at major British firms showed a net balance of +2% of respondents saw the U.S. as an attractive place to invest, down from +59% in late 2024 - shortly before President Donald Trump took office. The report tallied with official U.S. data last month that showed inward foreign direct investment fell sharply in early 2025, a drop that coincided with high business uncertainty over Trump's tariff plans. By contrast, Deloitte said British company executives warmed to their own market, with the balance for the UK rising to +13% from -12% - ranking top with India for investment attractiveness. The U.S. remained more attractive than the rest of developed Europe or China, both of which had negative readings in Deloitte's survey. "These results reveal a shift in sentiment with the UK now viewed as a leading global investment destination," said Richard Houston, senior partner and chief executive of Deloitte UK. "This renewed confidence, coupled with a rise in risk appetite, is welcome and underscores the considerable investment potential the UK offers." In 2023, Britain was the fourth-biggest direct investor into the United States by ultimate beneficial owner, with a position of $636 billion, according to official US data. The Deloitte survey showed British executives reported an uptick in business confidence compared with the previous survey published in April. While still subdued, the optimism index ticked up to -11% from -14% in the previous quarter. British business surveys generally point to weak economic growth - a problem for finance minister Rachel Reeves, who is likely to raise taxes again at the next budget, according to market expectations. Deloitte polled 66 chief financial officers and executives between June 16 and June 29, including 37 listed companies with a combined market value of 386 billion pounds. (Reporting by Andy Bruce; Editing by Sharon Singleton)

Tariffs, geopolitics drag on European IPOs, even as funds flow in
Tariffs, geopolitics drag on European IPOs, even as funds flow in

Zawya

time35 minutes ago

  • Zawya

Tariffs, geopolitics drag on European IPOs, even as funds flow in

LONDON/FRANKFURT - Tariffs and Middle East turmoil are spooking European companies and the investors weighing their initial public offerings even as volatility subsides and money flows back into equity markets, advisers told Reuters. President Donald Trump's announcement of sweeping tariffs targeting imports from nearly all U.S. trading partners in April and his subsequent U-turn pause on the levies sent shockwaves through the global economy. But markets, including those in Europe, have since bounced back. The VIX, Wall Street's "fear gauge", has fallen around 67% from a peak touched following Trump's tariff announcement. And fund inflows into European stocks reached their second-highest level this century earlier this year. Still, investors remain wary of new listings. Topping their list of concerns, according to seven IPO advisers interviewed by Reuters, are the potential impact of conflicts like the Israel-Iran war and uncertainty regarding newly listed companies' aftermarket performance. "There's still a bit of nervousness in the network and a hangover from issues around tariffs and the war in the Middle East," said Scott McCubbin, head of EY's UK and Ireland IPO practice. Some companies, meanwhile, are unwilling to accept lower valuations than they had hoped for, the advisers said. SHELVED LISTINGS German medical technology firm Brainlab postponed its IPO this week, citing "geopolitical uncertainties". Pharmaceutical company Stada delayed its debut in March, citing market volatility, while another German firm, car parts seller Autodoc did the same last month without giving a reason. Glencore-backed metals investor Cobalt Holdings, which was planning London's biggest IPO of 2025, meanwhile failed to secure enough investor interest, a person familiar with the matter told Reuters previously. Cobalt Holdings declined to comment. The recent run of shelved listings is making things harder for firms attempting to reopen the IPO market, one person close to the Brainlab IPO process said. Investors could not agree a price for the offering with Brainlab, the person and a second source said. Existing shareholders were dissatisfied with the makeup of the order book, said one of the sources, both of whom spoke on condition of anonymity because the process was private. A spokesperson for Brainlab said interest from investors was "very strong" but the conditions were not optimal for an IPO. While more funds have flowed into European equities this year from investors seeking to reduce their exposure to U.S. assets, that money is going into the stocks of large companies rather than IPOs, said one equity capital markets banker. Some of the reticence stems from cases like German perfume retailer Douglas, which saw its shares drop more than 12% on its listing debut. It subsequently cut its guidance this year. The number of companies that went public across the EMEA region in the first six months of this year fell to 44 from 59 in the same period last year, according to Dealogic data. The amount raised also fell sharply, to around $5.5 billion from $14.1 billion. In such a challenging environment, Naveen Mittel, head of equity capital markets syndicate for EMEA at Citi, said companies planning an IPO have little margin for error. "You need to be clean in terms of setup and structure, evaluation of price, and there needs to be no question marks around it," he said. A POST-SUMMER IPO REBOUND? There have been some success stories this year. Hacksaw, a developer and distributor of online betting games, successfully listed on Nasdaq Stockholm in June. "It's hard to draw any firm conclusions from a few deals when others like Hacksaw, are still getting away," said Michael Jacobs, a partner at law firm Herbert Smith Freehills Kramer. "But it does feel like the IPO window needs a summer break to reset." Advisers are hoping an array of bigger deals may help open the market in the second half. That could include a return of Stada, and possible listings of prosthetic manufacturer Ottobock, Deutsche Boerse's research and technology unit ISS Stoxx, and classifieds business Swiss Marketplace Group. Stada is evaluating all options for the further ownership of the company including a possible IPO, it said. Swiss Marketplace Group said it had recently taken initial steps to achieve a "high level of IPO readiness", but its shareholders had not yet made a decision on the possible timing of a float. And Ottobock said it is continually reviewing options including an IPO, but no decision has been made. Deutsche Boerse said it was considering an IPO of ISS Stoxx, but could also buy out private equity investor General Atlantic from the company. No decision had yet been made, it added. Despite the bleak year-to-date numbers, the big picture for European IPOs - positive funds inflows and a calming of market volatility - looks good, one equity capital markets banker said. "The candidates in the pipeline all have next to no tariff impact, so we are optimistic that after the summer the IPO gates will open," the banker said. (Reporting by Charlie Conchie and Emma-Victoria Farr; Additional reporting by Lucy Raitano; Editing by Anousha Sakoui and Joe Bavier)

Saudi: Over 80,000 commercial registrations issued in 2Q 2025, bringing total to 1.7mln
Saudi: Over 80,000 commercial registrations issued in 2Q 2025, bringing total to 1.7mln

Zawya

time2 hours ago

  • Zawya

Saudi: Over 80,000 commercial registrations issued in 2Q 2025, bringing total to 1.7mln

RIYADH — The Ministry of Commerce has issued more than 80,000 commercial registrations during the second quarter of 2025. This brings the total number of commercial registrations to over 1.7 million across all regions of Saudi Arabia. This was revealed in the business sector summary bulletin for the second quarter of 2025, issued by the ministry. The bulletin also includes an overview of the business sector's performance and developments in the Kingdom. The bulletin highlighted developments in promising sectors, shedding light on the growth of commercial registrations in activities related to artificial intelligence technologies, blockchain, big data and data analytics, financial activities, insurance, amusement parks, games, and other promising activities in the Kingdom's Vision 2030. The bulletin addressed the geographical distribution of issued and existing commercial registrations in promising sectors, highlighting registrations in e-commerce, and highlighting the most prominent activities and events of the business sector in the Kingdom. © Copyright 2022 The Saudi Gazette. All Rights Reserved. Provided by SyndiGate Media Inc. (

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store