Does participating in the startup competition really help the startup team? Through participating in the audi innovation award (aia) competition, canadian startup weavair has established a connection with the automotive industry, allowing technology to find new market entry points, and under audi's rich multinational resource network, the concept of its products can have the opportunity to be realized, business transfer.
What are the biggest challenges facing new tech companies?
Weavair, a start-up company that won the 2019 audi innovation award (aia), not only won the 2018 tta (taiwan tech arena) singularity asia pacific entrepreneurship competition award, but also the winning team of this year's b2mc taiwan competition. Its core technology Illustrator Art Work mainly detects the pressure, temperature, humidity, suspended particles, filter cleanliness, pm2.5 and other data in the air, and with the assistance of ai, improves the accuracy of the air quality sensor to solve the current environment. Air pollution problems encountered. The technical inspiration comes from the research of weavair founder and ceo natalia mykhaylova at the university of toronto. The finished product was originally mainly a small device placed in the home and office.
The core technology of weavair is to improve the accuracy of the air quality sensor by detecting data such as pressure, temperature, humidity, suspended particles, filter cleanliness, pm2.5 in the air, and with the assistance of ai.
Although the current core technology of weavair comes from natalia's research, the company saves a lot of resources in innovative research and development, but the existing equipment cannot collect enough data for analysis, and the production and calibration cost of the sensor is still a sum of money considerable cost. Therefore, in the early stage of weavair's development, it still faced the dilemma that many new startups will encounter-funding and team composition.