Startups score prizes across Asia and Germany
Anand Verma, CEO of Perovskia Solar was presented with the Best Proposal Award at the Go Healthy with Taiwan 2025 global program, a global call for innovative health proposals that leverage Taiwanese tech to improve global well-being across fitness tech, sports, cycling, and smart healthcare. Governments, companies, and institutions worldwide submitted ideas, with 21 finalists selected from 638 proposals across 55 countries, to showcase Taiwan’s health expertise. Perovskia, which developes perovskite based photovoltaic energy harvesters for self-powered electronic devices, is one of the three winners that received a prize of US$30,000.
ScenarioX joins accelerator program in the Middle East
ScenarioX has been selected for Batch 10 of the Sanabil Accelerator by 500 Global, chosen from more than 735 applicants worldwide. The 12-week program supports high-potential companies recognized for strong traction, deep customer insight, and scalable technologies as well as founders that are ready to accelerate growth. ScenarioX built an all-in-one platform for scenario-based modelling for financial institutions, focused on refining their risk management and stress-testing processes. Supported by over 15 core interconnected modules, the solution provides several functionalities to enable seamless and efficient management of complex risk scenarios. This allows banks, insurance companies, family offices, and wealth managers to perform robust, precise stress tests swiftly.
“As a Swiss company with global ambitions, this achievement marks an important step in our expansion into the Kingdom of Saudi Arabia. We are eager to contribute to the country’s innovation-driven Vision 2030 and to collaborate with institutions shaping the future of fintech across the region.”
Spirecut to expand into China after winning prizes
The 9th China (Shenzhen) Innovation & Entrepreneurship International Competition themed “Foster global connections, embrace innovative prospects,” featured seven industry tracks in which players worldwide could compete. Nearly 3,000 projects were submitted. The global final in Shenzhen concluded a three-stage journey that started with the Switzerland division in Zurich and continued through the biomedicine industry final. Across the three rounds, more than 230 projects from 11 international regions participated, with 21 finalists invited to Shenzhen to compete for prize money totaling 8.84 million yuan ($1.25 million).
Spirecut, provider of Sono-Instruments to address carpal tunnel syndrome and trigger finger, emerged as the winner in the Switzerland division final in Zurich, winning ¥100,000 (approximately CHF 11,400). In the dedicated biomedicine industry final, Spirecut scored second place, earning an additional ¥100,000, and at the global final in Shenzhen, which gathered the top three companies from each industry category, Spirecut was the highest-ranked biomedical company, earning third place and a prize of ¥150,000 (approximately CHF 17,100). The company is also eligible for an additional incentive of up to ¥500,000 (approximately CHF 56,900) if it decides to establish a presence in Shenzhen. Overall, Spirecut received a total of ¥350,000 (about CHF 39,800) in prize money. The prize money will support Spirecut’s international growth, including surgeon training, development of clinical evidence, and preparation to enter new markets. The company is now considering establishing a presence in Shenzhen to access the additional ¥ 500,000 incentive tied to its third-place finish at the global final.
Synhelion wins SDG Innovation Award in Munich
Cleantech startup Synhelion received the SDG Innovation Award 2025, in recognition of its innovation solution transform solar energy into renewable fuel to directly replace fossil fuels. It is fully compatible with the existing global fuel infrastructure. This fuel is produced at DAWN (in Germany), the first industrial-scale demonstration plant and RISE in Spain. Both allow the company to produce multiple tons of renewable kerosene, diesel, and gasoline per year. The first projects have already demonstrated the potential of this renewable fuel – a car and an aircraft have been fueled with solar gasoline for the first time ever. This has resulted in a long-term partnership with the SWISS International airlines. The SDG Innovation award strengthens the company’s mission to bring renewable fuels to global scale while contributing to the UN Sustainable Development Goals.
(RAN)