TAIWAN/SINGAPORE, 15 July 2022 – Movel AI has been shortlisted for the Cloud Computing & IoT Association (CIAT) accelerator program, organised by StarFab Accelerator Taiwan. The CIAT accelerator program is aimed at exceptional IoT, Big Data, Cloud Computing, and Industry 4.0 startups. Movel AI has the opportunity to get mentoring by the Industrial Technology Research Institute (ITRI), a world-leading applied technology research institute from Taiwan.
The CIAT accelerator program accommodates startups to get a 4-month extensive mentoring with some of the biggest corporations in Taiwan. The mentoring includes product development, business networking, marketing, and fundraising, in addition to getting an exclusive chance to do business directly with leading enterprises such as China Telecom, Delta Electronics, and Inventec.
Jamie Wu, Technical Sales Manager of Movel AI, represented the startup and showcased Seirios. Together with Abhishek Gupta, CEO & Founder of Movel AI, they will later participate in the mentoring program by ITRI to further discuss and discover possible collaborations with Taiwanese enterprises or venture capitalists.
In their comments, ITRI explained that they were interested in Movel AI because of Seirios’ unique system that can accommodate the advancement of robotics. It is in line with ITRI's 2030 Technology Strategy and Roadmap goal of innovating a better future.
“We recognise that Asian countries have played an important role in the exponential growth of the robotics industry over the past few years. Seeing its growth in recent years, we can see how Taiwan is becoming one of the key players here. With the CIAT accelerator program, we hope Movel AI will be able to accommodate future robotics industry needs in Taiwan," said Gupta.
Movel AI's involvement in the CIAT accelerator program further strengthens the startup's move in Taiwan after previously participating in the E-mobility Taiwan 2035 event in 2021.