The Lee Kuan Yew Global Business Plan Competition has selected 59 startups from around the world for its 12th edition. The selected startups are working on innovative solutions in various fields such as energy, healthcare, materials science, and more. Some of the notable startups include Arculus, which repurposes natural gas transmission pipelines for bulk transportation of CO2 or hydrogen; Castomize, making healthcare more accessible, effective, and less invasive through advanced medical devices; and ChemT Biotechnology, revolutionizing bio-manufacturing with AI-designed small molecules.
Other notable startups include Cold Battery, a cutting-edge solution for storing and delivering cold energy efficiently; Inviscid AI, delivering physics-informed AI that creates digital twins and simulations up to 1000 times faster than traditional methods. MabLab has built the world's first multi-agent rapid test capable of detecting laced drugs and spiked drinks.
The competition also features startups like OmniPath H2, Sesame Sustainability, and 8inks, which are working on innovative solutions for industrial decarbonisation, energy efficiency, and battery manufacturing. Additionally, there are startups focused on ocean data analysis, material discovery, and drug discovery, such as AMPHITRITE, Dunia Innovations, and Saint Novel.
The selected startups will have the opportunity to receive funding, mentorship, and networking opportunities through the competition.