Real Tech Award Presented to Entomal at TECH PLANTER Asia Final 2023;Turning waste to wealth in 7 days with Black Soldier Flies
Malaysia, 26th August
Real Tech Holdings Co., Ltd. (Headquarters: Sumida-ku, Tokyo; Representatives: Akihiko Nagata, Yukihiro Maru, hereinafter referred to as “Real Tech HD”) served as a distinguished judge at the prestigious TECH PLANTER Asia Final 2023, which took place in CyberJaya, Malaysia. This competition attracted much attention as a venue for the 12 finalist teams that won the preliminary competitions from each country to compete and present their innovative technologies and ideas.
The Real Tech Award was presented to Entomal Sdn Bhd. of Malaysia, which has developed a recycling system that uses Black Soldier Flies to convert food waste into valuable resources such as insect protein and fertilizer. Entomal’s work has been recognized as a promising solution to the problem of food waste, which has become a serious issue in many countries in Southeast Asia, and the company received a double award with the Mitsubishi Electric Award.
The TECH PLANTER ASIA Finals 2023, hosted by Leave a Nest, was held as the final competition of TECH PLANTER Asia, an ecosystem that supports and nurtures real tech startups held in 6 countries (Singapore, Malaysia, Indonesia, the Philippines, Thailand, and Vietnam). A record 242 teams entered the competition, and Real Tech HD served as a judge in all six countries through its subsidiary in Singapore.
(Real Tech Award from past TECH PLANTER Asia)
- Real Tech Award in Singapore: Enlipsium, developing next-generation X-ray imaging systems
- Real Tech Award in Malaysia: Moverobotic, developing robotics used in agriculture
- Real Tech Award in Indonesia: Greenlabs, developing non-toxic & safe bio-plasticisers
- Real Tech Award in the Philippines:Makiling Tek, developing capsule-type nano-fertilizers
- Real Tech Award in Thailand: Suratec, developing healthcare predictive analytics and biosensors
- Real Tech Award in Vietnam: Alterno, developing Sand Batteries
Mr. Nagata, Chairman of Real Tech Holdings, expressed the rationale behind conferring the Real Tech Award to Entomal:
“There are many start-ups related to insects in Japan, but only a few of them are successful. Most Japanese investors would consider the insect sector to be difficult. However, I believe that Southeast Asia has the potential to do better than Japan in the field of insects, and I want to prove it together with Entomal”
In addition to the speaking teams from Southeast Asian countries, accelerators and incubators, as well as TECH PLANTER ASIA Finals partners from Japan, participated in a lively discussion that brought Japan and Southeast Asia together. Real Tech HD will continue to discover and support deep tech startups like Entomal that accelerate solutions to issues in Southeast Asia.
TECH PLANTER Asia Final 2023
Date: 26th August 2023 (Saturday) 13:00 – 18:00 (MYT)
Place: Aerodyne Campus, Block 3750 Persiaran APEC, Cyber 8, 63000 Cyberjaya, Selangor, MalaysiaLink: https://global.lne.st/news/2023/08/12/tpasiafinal2023_judges/
About Real Tech Holdings
Real Tech Holdings Co., Ltd. is committed to addressing societal challenges through the investment and nurturing of deep tech startups with innovative technologies (Real Tech). Our venture capital fund, “Real Tech Fund,” was established by Akihiko Nagata, CEO of Euglena Co., Ltd., who has a proven track record of successfully guiding deep tech startups, and Yukihiro Maru, CEO of Leave a Nest Co., Ltd., who possesses extensive experience in supporting deep tech startups from their early stages. We work closely with governments, companies, and municipalities both domestically and internationally, providing hands-on support to enhance the value of deep tech startups. With over 20 billion JPY in managed assets, Real Tech Fund has invested in over 90 startups in Japan and globally. In 2021, it established the first impact investment fund in Japan focused on the deep tech sector.
Real Tech Holdings, Inc.
Public Relations: Narita