Three startups have won investments from Alibaba Group Holding Ltd., owned by Jack Ma
through Jumpstarter, a competition for startups presenting new innovations and products. The
funding won comes from a fund set up by Ma for entrepreneurs, Bloomberg Technology
reported.

The three startups won out of 600 pitches, from a variety of categories, that were first narrowed
down to six finalists. The finalists gave an eight minute presentation and answered questions
from the panel for four additional minutes, before the judges made their final decision. Taken
into consideration were the impact the product could have on the community, the market
potential and the idea itself.

The three winners, Cuttingedge Medtech Ltd., Farm 66 Investment Ltd., and En-Trak Hong
Kong Ltd., each receives funding of $1 million for a total of $3 million invested by Alibaba.
One of the companies to win the competition is Cuttingedge Medtech Ltd. Cuttingedge Medtech
Ltd., is working on a way to use robotics for surgical care, in hopes of personalizing treatment
with minimum invasion. The company is working on building robots that specialize in surgeries
in the fields of orthopedics, neural surgery and oral implants. The company is founded by a
group of graduates in fields of robotics and medical imaging.

Farm66, another winner of the investment, has already won local awards and is working toward
helping with the global food crisis. The company is using sustainable agriculture as their means
to a solution and combines indoor farming with fish ponds, according to Bloomberg Technology.
The last winner, En-Track Hong Kong Ltd., said they can access data in meters in commercial
buildings to help with power use, costs and lowering carbon emissions. The four-year- old
company has already worked with Hong Kong Stock Exchange and Fuji Xerox.
Other finalists of the competition include BeeInventor, a startup with a product for construction
workers to attach to their helmets to monitor body temperature, make them aware in case of
collision, connects to gas detectors and flashlights and provides a video feed. The product
works through a cloud-based platform.

Viewfinder, a company that helps sellers pick between websites to sell their products on,
register them and pick prices, and Human Washer Ltd., were the last two finalists in the
competition. Human Washer Ltd., proposed a product to assist the elderly and mobility impaired
in bathing. The company said the product, called a “sit and shower” comes with 13 water jets,
air drying, automated soap, temperature control and a self-cleaning option.