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Industrial IoT leader Blutech Intelligent Co., Ltd. announces the completion of its Pre-A round of financing, led by strategic investors Foryou Electronics and Jinfeng Electronics, with participation from the original Singaporean investor, Lijie Ventures. The financing was issued at a premium price of NT$40 per share. The funds raised will primarily be used for market … Industrial IoT leader Blutech Intelligent Co., Ltd. announces the completion of its Pre-A round of financing.

According to several press releases, electricity prices are set to increase again this April! It is reported that the average price of industrial electricity will be rise by 10% after the price adjustment, with heavy electricity users like semiconductor manufacturers possibly facing a 30% increase. To alleviate severe financial distress of Taiwan Power Company (Taipower), the Ministry of Economic Affairs has decided to intervene once more by raising electricity prices, striving to achieve a breakeven point this year to prevent further accumulation of financial losses. Unlike previous electricity price hikes targeted heavy electricity users, this time even electricity users consuming less than 330 kWh will be affected, however, manufacturing industry with heavy electricity consumption will unavoidably facing greater financial pressure.

The “2022 Meet Taipei Innovation and Entrepreneurship Carnival” was grandly held at the Taipei Expo Flower Dome and successfully concluded on November 19. The three-day exhibition, along with various talks and seminars, attracted a large number of visitors. Additionally, many venture capital firms and startups participated, fostering dynamic collaboration and the exchange of innovative ideas. … Blutech participated in the “2022 Meet Taipei Innovation and Entrepreneurship Carnival” and was invited to share the winning solutions.

Blutech participated in the 2022 Green Technology Startup Competition, a six-month-long competition that required teams to implement verification plans and deploy solutions in collaboration with the challenging companies. After progressing through the preliminary rounds, semifinals, and three rounds of presentations, Blutech emerged as one of the final 10 winners out of 124 teams. The challenge … Blutech competed in the 2022 Green Technology Competition and successfully won the championship in the finals!