The startup “Spoken” won the thirteenth generation’s Demo Day of Start-Up Chile. Michael Bond developed a predictive speech app to help communicate to people suffering from aphasia; a brain disorder that does not allow them to express themselves properly.
On the occasion the Executive Director of Start-Up Chile, Rocío Fonseca, introduced the new Investor Club of the programme: “It is an instance of closer ties between entrepreneurs and investors, where those seeking to destine resources to startups can know now from the beginning who the entrepreneurs are and connect with them quickly and easily, “said Fonseca.
After the presentations, the company that finally took the first place in Demo Day was Spoken in the hands of digital designer and developer, Michael Bond. Spoken is a predictive speech app that uses big data, machine learning, and user-centered design to reach global markets in multiple languages. “It was great to share the stage with so many exciting startups – winning feels a lot better when your competition is so good. We’ve made a lot of progress here in Santiago, thanks to Start-up Chile, and we’ll be launching our English version in the US in January. We’ll begin testing our Spanish version in a few weeks, which should arrive in early 2016.”, said Michael.
The second place was for the Chilean Cristina Acuña and her startup Styrocycler, while the third place was for the Korean-American startup Stratio created by Jae-Hyung Lee.
Nineteen startups participated in the thirteenth version of Start-Up Chile Demo Day, each had five minutes to present their business to investors, mentors and entrepreneurs. After a few hours and through a secret assessment, “Spoken” was crowned with the first place.
Fundación Imagen de Chile also attended the event through its Executive Director Myriam Gomez, who pointed out this instances as very fruitful for the country; “Initiatives such as Start-up Chile demonstrate the ability of our country to attract entrepreneurs from around the world, positioning us internationally and even making this model a benchmark for other nations. This is key in the country. A well achieved image is synonymous with development and decisive factor of competitiveness. ”
About the Startups
First Place SPOKEN: A predictive speech app for aphasia and other communication disorders. It uses big data, machine learning and user-centered design to reach underserved global markets in multiple languages
Second place STYROCYCLER: Styrocycler is a project that aims to solve a major problem for the industries that produce waste EPS. EPS is a non-biodegradable plastic and is not recycled currently in Chile due to its enormous transportation costs. The reason is that EPS has a very large ratio of volume / mass, since over 95% of it is just air. To solve this problem, Styrocycler has designed a process to reduce the volume of EPS, so instead of forty trucks to move an amount of this waste material, you can now use only one. This means that they designed the cheaper and easier way to recycle EPS. To put this technology into the market, Styrocycler buys waste of EPS and with their innovative technology and reduce the volume making high quality paint that can be sold back into the market.
Third place STRATIO: Stratio developed based Wavelength Infrared (SWIR) image sensors and hyperspectral imaging systems for initial product (Product name: LinkSquare). LinkSquare is a consumer device that allows people to analyze the objects and materials around them. LinkSquare is a small accessory hardware smartphone includes a light source, optical components (mirrors and prisms) and an image sensor. The key to success is its low cost. LinkSquare and SWIR image sensor lets you capture wavelengths beyond what the eye can see.