November 13, 2019

Beyond Ventures leads US$3m investment in Mapxus – a promising start-up in the nascent indoor-mapping industry

Nov. 13, 2019 — Hong Kong-based venture capital fund Beyond Ventures is spearheading a US$3 million investment project to benefit Mapxus, one of Apple’s Indoor Mapping Data Format (IMDF) platform service providers. Founded by an impassioned team of professors, tech professionals and entrepreneurs, Mapxus contributes to the development of a smart city by making indoor mapping simple for all stakeholders. The funding will serve the start-up company’s research and development (R&D), sales, marketing and operational functions, while facilitating expansion from Hong Kong into Singapore, Japan, Taiwan, Thailand, Malaysia and the Philippines. Solutions from Hong Kong-based Mapxus produce digital and panoramic indoor maps to facilitate a cross-platform indoor-positioning capability. This helps enterprises to benefit from the full potential of applications via use of the Mapxus Software Development Kit. Mapxus also provides a seamless data integration service, and updates Apple Maps using the Apple Indoor Map Data Format (IMDF). Mapxus founder and CEO John Chan said: “We have a clear vision of how to create a smart city by working closely with government bodies, shopping malls, transport utilities, hospitals and other entities. The idea is to facilitate creation of a barrier-free smart city and catalyse a variety of stakeholders to develop meaningful mobile applications that will solve problems for people with, and without, disabilities.” He explained how the company integrates technologies such as universal WiFi-fingerprinting, sensor fusion and artificial intelligence (AI) to develop smart city solutions for citizens requiring facilities typified by easy access for the visually impaired. Lap Man, Co-Founder and Managing Partner of Beyond Ventures, said: “Mapxus holds great potential and its management team possesses exactly the kind of skillsets required to help transform Hong Kong into a smart city. This fits well with the Beyond Ventures mission to invest in start-ups that will have positive impact on society locally.” He explained how indoor mapping represents a nascent market and believes the concept of “an indoor version of Google Maps” envisioned by Mapxus holds the potential to become a global brand, once accepted by government bodies and the commercial sector. Lap Man added: “The software-based infrastructure and hardware-free solutions crafted by Mapxus are able to bring together an indoor mapping community of government bodies, commercial organisations and social enterprises. The way the company already harnesses the capabilities of existing Wi-Fi infrastructure is able to reduce deployment costs by up to 90%.” As well as being one of Apple’s Indoor Mapping Data Format (IMDF) platform service providers, Mapxus also developed and owns a compatible solution for the Android operating system and web Interface. John Chan said: “We are thrilled to be partnering with a like-minded investor such as Beyond Ventures. Apart from providing us with financial support, they offer strategic advice and refer us to prospective clients, as well as other potential partners – all to help grow our business and serve the community using smart methodologies.” 11月13日消息,以香港為首的創投基金海闊天空創投牽頭向蘋果其中壹家室內地圖數據格式平臺服務提供商Mapxus投資300萬美元。 本輪資金將用於該初創公司的研發、銷售、市場推廣及運營用途,同時亦會協助公司由香港拓展至新加坡、日本、臺灣、泰國、馬來西亞及菲律賓。 Mapxus旨在為所有持份者簡化室內地圖制作,從而向智慧城市發展作出貢獻。同樣以香港為基地的Mapxus,能提供可制造數碼及全景室內地圖的解決方案,有助實踐跨平臺定位功能。通過Mapxus 軟件開發工具箱全面發揮應用程序的潛力,讓企業得以受惠。此外Mapxus亦提供無縫數據整合服務,並制作成蘋果室內地圖數據格式更新蘋果地圖。 Mapxus創辦人及行政總裁陳尊裕博士表示:“我們與政府機構、商場、公共交通機構、醫院以至其他企業緊密合作,就如何打造智慧城市抱有清晰願景。這概念是為了協助創建壹個無障礙的智慧城市,並且推動各持份者開發有意義的應用程序,為殘疾及健全人士解決問題。” 此外,他講解了公司如何整合通用無線網絡定位、手機傳感器及人工智能等技術,為視障的人士提供智慧城市出行的解決方案。 陳尊裕博士欣然補充: “我們被選為 Startupbootcamp Scale Osaka 的其中壹家優勝創新企業(共13家)。這是壹個針對高增長提供智慧城市方案公司於全球拓展,增加收入及在日本獲取重要融資機會的無股權創新計劃,我們將在日本大阪與JR和阪急等企業合作試行。” 海闊天空創投聯合創辦人及管理合夥人文立表示:“Mapxus極具潛力,而且其管理團隊擁有協助香港成為智慧城市所需的全方位技能,完全符合海闊天空創投投資於對本地社會產生正面影響的初創企業的理念。” 他闡述室內地圖如何代表壹個新興市場,並相信Mapxus構想的“室內版Google地圖”概念壹旦被政府機構及商界接受,將有潛力成為全球品牌。 文立補充:“由Mapxus所研發的軟件型基建及無硬件方案能夠將政府機構、商業機構及社會企業匯集成壹個室內地圖小區,而公司利用現有無線基建的方法將能夠把使用成本大幅減少達90%。” 作為蘋果的室內地圖數據格式平臺服務提供商之壹,Mapxus亦已開發並擁有適用於Android操作系統應用開發的兼容方案。 2018年至今,在亞太多個首都及主要城市試行,成功實現跨城市室內地圖平臺技術,現以香港為智能城市模版基地,發展無障礙室內外地圖,數據包括主要地標商場、文娛設施、交通樞紐等,未來積極開發亞太其他智能城市市場。 陳尊裕博士續表示:“我們很高興可與誌同道合的投資者,如海闊天空創投合作。除了為我們提供財務支持外,他們更提供策略性建議,並把我們引薦予潛在客戶以及其他潛在合作夥伴,這壹切皆有助我們發展業務,並利用智能技術服務社會。”

Read More »