On September 12th, Beijing leaders and guests including Xiaomi CEO Lei Jun, Meituan CEO Wang Xing, Hillhouse Capital CEO Zhang Lei, and Sinovation Ventures CEO Kai-Fu Lee attended the summit. Xvisio Technology, with its "SlimEdge XR—5G-enabled, on-device processing for XR perception and interaction," stood out from over 2,000 entries worldwide, winning third place (Top 50) in the competition. The competition, which included six industry-specific tracks, selected over 2,000 entries to select first, second, and third place, as well as a grand prize. A total of 100 winning spots were available, with a winning probability of only 4.9%.

HICOOL 2020 Global Entrepreneurship Competition Third Prize

Themed "Imagine the Future", this HICOOL Global Entrepreneurs Summit aims to unite the world's top investment institutions, industry leaders, media, and universities to establish and continuously improve a "full-chain" entrepreneurial ecosystem, encourage and inspire entrepreneurs who have the courage to look to the future to change the world, discover high-quality projects, and empower new entrepreneurial formats.

Xvisio Technology, a provider of spatial perception and interaction solutions, primarily provides the underlying technology and system integration services for AR/VR glasses. This includes R&D and product implementation of core AR/VR perception and interaction technologies, delivered in a variety of formats, including software, components, complete machines, and customized solutions. Xvisio Technology has already been implemented in numerous application areas and scenarios, including entertainment, intelligent manufacturing, remote maintenance, complex task guidance and training, multi-person collaborative operations, and digital twins.

Bringing together the world's elite to envision the future of entrepreneurship. The HICOOL Global Entrepreneurs Summit and Competition, a global entrepreneurship brand in Beijing, launched its first event in Beijing on May 15, 2020. With the annual theme "ENVISION YOUR FUTURE," the event encourages entrepreneurs to maintain a positive and optimistic spirit and pioneering innovation in the face of difficulties and challenges, excelling in seizing and creating opportunities amidst crises to achieve greater development. HICOOL is committed to gathering the most "hi" ideas and providing the most "cool" stage, creating the world's most influential, appealing, and engaging entrepreneurial carnival. The event also continues to discover, attract, and serve global entrepreneurs, business owners, and investment institutions, building a communication platform and providing development space for international talent and teams, enabling them to quickly and efficiently establish and grow in Beijing.

Images and some content source: HICOOL
Original link: HICOOL 2020 | List of winning projects of the Global Entrepreneurship Competition

Founded in Silicon Valley in 2016 and established in Shanghai after receiving angel investment in 2017, Xvisio Technology is a solutions provider specializing in spatial perception and interaction, providing underlying technologies and system integration for AR/VR headsets. Its core product, SlimEdge XR, is an integrated edge processing platform that integrates a VSLAM engine, a depth engine, an AI engine, an audio and video engine, and gesture and eye control, suitable for both standalone and standalone XR devices. The founding team, all from Fortune 500 companies and a series of entrepreneurial ventures, has accumulated years of industry-leading research results and currently has subsidiaries in the United States and Europe.