Macau may not get as much international fanfare as neighboring Hong Kong, but as the world’s biggest gambling and gaming center, the former Portuguese territory certainly has no shortage of capital.
Despite this access to capital, the tech startup ecosystem is still nascent—but this may not be the case for long, as a few upstarts are taking root in the “Las Vegas of Asia.” And like Las Vegas, the global nature of the region—spurred by tourism and gambling—may be just the right formula for tech startup entrepreneurship. The following are 7 tech startups from Macau that you need to know about in 2017 and beyond.
Coding Guys Limited is a leading mobile app and software development firm in Macau. The company builds custom solutions as well as its own offerings—for example, its Mnemono app is a new aggregator that gathers updates from over 10,000 Hong Kong and Macau social platforms and websites.
MACAN focuses on developing solutions for accurate and personalized cancer treatment care, inhibitor screening in multi-drug resistance, food safety testing, quality testing, and drug development.
Takewant is a leading ecommerce portal and online business platform in Macau. The website features a network of online shops created by a myriad of local vendors, from electronics shops to fashion accessory stores.
eNovation focuses on developing technologies for a greener, more environmentally-friendly Macao. Its products include cloud-based energy/water/indoor air quality (IAQ) monitoring systems, facilities management system, as well as hardware like its energy-saving DC motor for fan coil units (FCU) used in HVAC systems.
NovSun is a developer of security and video surveillance software. Some of its products include EyeOnMobi, a mobile app for monitoring cameras anytime/anywhere and CyeWeb, an award-winning professional video surveillance software application, among others.
Cube Technology a mobile software developer focused on solutions for the real estate industry—its MaliMaliHome is a leading GPS-powered real estate search app for the Macao region. Other notable solutions include its Real Estate Management System for helping firms increase agent efficiency while reducing operational costs.
Singou offers a two-phase authentication solution that prevents cyber attackers from stealing mobile users’ passwords. The company’s technology incorporates QR Codes and advanced asymmetric RSA encryption/decryption algorithms for more secure logins.
With increased support from the local government as well as Portuguese organizations like the Fabrica de Startups (who recently held the first StartUP Macau Forum), the tech startup ecosystem in Macau is poised to flourish in 2017—be sure to keep this dynamic city on your radar in the coming months and years.