OneWatt co-founder and CEO Emmanuel Bueta (fourth from left) presents the two special awards he received from Delta Electronics and Taiwanese start-up incubator Start-up Terrace as one of the eight finalists in the InnoVEX Pitching Competition. Ross Fallorina/QBo
One of the start-ups that particularly excelled this year is One Watt, a company that develops handy acoustic sensors that can be easily installed in a factory to listen for signs of machine defect or damage. Data collected from these sensors is fed to an artificial intelligence software that determines the kind of damage, thereby helping manufacturing companies schedule and conduct maintenance work on their machine. The company joined InnoVEX’s pitching competition and is the only Filipino company out of eight companies from the US, China and Taiwan to make it to the finals, where it won a Special Prize worth $10,000 from Delta Electronics Inc. and another $60,000 Special Prize and one-year incubation stay in Taiwan from Start-up Terrace, a Taiwanese start-up incubator.
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