Qualcomm Announces Shortlisted Teams for the Qualcomm Vietnam Innovation Challenge 2024

Ten innovative startups selected to participate in an 8-month incubation program with a chance to win $225,000 in cash prizes

NORTHAMPTON, MA / ACCESSWIRE / March 29, 2024 / Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, today announced the shortlisted companies for the Qualcomm Vietnam Innovation Challenge 2024 (QVIC) program. These ten startup teams, specializing in technology areas such as smart cities, robotics, automotive, Internet of Things (IoT), AgriTech, Generative and other AI, and more, have been chosen to receive a grant of US$10,000 each in cash prizes to further develop their proposals during the 8-month incubation period. The program will provide them with technical support, business coaching, and intellectual property training. Additionally, the teams will have the opportunity to compete for cash prizes of US$100,000, US$75,000, and US$50,000 in the finale. The selection of shortlisted companies was based on various criteria, including their technical capabilities, innovative products, patentable technologies, and relevance to Vietnam's digital transformation and Industry 4.0.

These companies and their technology solutions are as follows (listed in alphabetical order):

• AirCity - Face recognition device for gate-level access control
• DeltaX - Affordable & efficient Delta Robot Series
• GoTrust - Medipay: Self service kiosk for automated healthcare service
• HSPTech - Anti-static real-time monitoring wearable device
• MET EV - Affordable smart E2W with AI-power
• Olli Technologies - AI-powered operating system to bring toys to life
• Palexy - Transform every retail camera into a powerful BI system
• Realtime Robotics - The world's first AI-based multiple camera gimbal
• Vbee - Conversational AI platform, focused in financial industry
• VOXCool - IoT-integrated cold batteries for decarbonizing the cold chain

Launched in December 2019, the Qualcomm Vietnam Innovation Challenge aims to identify and nurture innovative startups in promising technology areas in Vietnam. With the support of Vietnam's Ministry of Science and Technology (MOST), the program aims to foster the development of Vietnam's growing technology ecosystem by identifying and nurturing innovative small- and medium-sized companies that are designing products in areas such as 5G, IoT, AI, smart cities, wearable devices, and multimedia utilizing mobile platforms and technologies from Qualcomm. These companies can benefit from Qualcomm Technologies' expertise.

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