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New technology entrepreneurs seeking investment in China

 

Chen Hang, president of MIT-CHIEF, makes a speech at the forum. Photo: courtesy of ZVCA

Fourteen US entrepreneurial groups selected by experts through careful deliberations introduced their programs to potential investors at the MIT-China Innovation and Entrepreneur Forum (MIT-CHIEF) held in the Zhongguancun Changping Science Park on August 19.

The forum was co-sponsored by the Beijing Changping District Committee and the Zhongguancun Private Equity & Venture Capital Association (ZVCA).

The programs cover new energy, health and medicine, information technology, and life services.

The 14 groups include Luon Energy, developing absorbent for natural gas vehicles; PolymerGreen, working on turning waste plastics into high-quality petrol; Sodium Energy, exploring a more cost-effective energy storage technique for smart grids; zPlas, turning plastics into carbon nano-tube filtering equipment; ArounSen, developing a more precise sensor which collects data about air quality and human health and sends it to the mobile phones; BethCare, creating and manufacturing adjustable prosthetic sockets; GeneRock, establishing a data-analysis platform for DNA sequencing; HistoWiz, dedicated to histological analysis for cancer research institutes; Sensible Baby, monitoring the vital signs of babies and preventing sudden death; Mobvoi, developing intelligent mobile voice search; TwiThinks, analyzing data by use of social networks; Informatree, exploring a more convenient method of storing and printing electronic photo albums; Enerlong, committed to the planning of smart cities; and Quanyou Metallurgy, developing integrated and environmentally friendly pickling equipment.

Leaders of all the groups elaborated on their cutting-edge technologies, R&D teams and market prospects at the forum. The entrepreneurs are seeking investment to grow their businesses, through which they hope to contribute to the economic development and technological innovation of China.

MIT-CHIEF is a non-profit organization of the Massachusetts Institute of Technology which is committed to promoting the exchange and cooperation of technological innovation and entrepreneurship between China and the US. The annual Pitch to China competition, which began in 2011, serves as a bridge between US entrepreneurial programs and potential investors.


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