When working with entrepreneurs from all over the world, you tend to see some rather outlandish ideas; everything from sex apps (Singapore Grad, Vibease) to applications that have you running from demons and ghoulish monsters (San Diego Grad, Explorence). This Croatian founder, however, is taking us to an entirely new level. Literally.
Marin Bek, a graduate of the University of Zagreb, is the founder of Marine Tech Factory, a submarine startup that is in the process of patenting a few very innovative approaches to deep ocean exploration. So far he has built an ROV or AUV, for remotely operated vehicle or autonomous underwater vehicle. Marin’s goal is to develop technology that will allow deep sea exploration devices to go deeper and farther than ever before. A concept that will undoubtedly revolutionize the way we explore and study the ocean, Marin says, “We can go to Mars, but the deep ocean really is our final frontier”.
His prototype, which he affectionately named “DuckyAUV”, differs from competitors by utilizing a propulsion system without a pressured hull. As the pressure of the depths becomes too intense for most submarine devices to withstand, Ducky operates with an underwater propulsion system that doesn’t require a sealed hull, ultimately allowing it to travel deeper.
While Marin’s prototype continues to be perfected, he is looking into potential markets beyond deep sea exploration, such as utilizing Ducky as a tool for oil rig inspection, private boat inspection, and even recreational use. To learn more about Ducky and even see her in action, check out the full article here by Raf Weverbergh of WhiteBoard Mag.
The Hive is a members’ coworking space and creative community based in the dynamic Wan Chai area of Hong Kong.
NEST is a hands-on investment incubator focusing on scalable consumer businesses in the lifestyle space. Our vision is to develop Hong Kong as a global hub in the fields of entrepreneurship and creativity to enable start-up businesses to thrive.
Invest Hong Kong is the department of the Hong Kong Special Administrative Region (HKSAR) Government established in July 2000 to take responsibility for Foreign Direct Investment and support overseas and Mainland businesses to set up or expand in Hong Kong. It provides free advice and customised services to help businesses succeed in Hong Kong's vibrant economy.
Bridges Executive Centre has been in business for 10 years and helped over 8,000 clients incorporate and grow their business in Hong Kong with a knowledgeable team fully versed in different corporate aspects like company formation, company maintenance (e.g. company secretary, Annual Return, BR renewal), accounting, audit arrangement, tax filing and tax efficiency planning, investment visa, etc., covering every need of a start-up from basic to advanced. Their helpful staff, fast turnaround time, fair pricing and full range of maintenance support tell why you will love them.
Maurice WM Lee Solicitors are a Hong Kong law firm focused on legal services relating to business, finance, trust, investment, wealth management, creative industries and legislative lobbying. Our experienced lawyers also provide legal services in key areas such as media, entertainment, dispute resolutions and China legal services.
The Asian Venture Capital Journal (AVCJ) is the leading source of information on Asian private equity, venture capital and mergers and acquisitions. Based in Hong Kong, AVCJ has been providing editorial coverage, quality data and intelligent analysis via its Asian Venture Capital Journal weekly magazine to the Asian private equity industry since 1987. AVCJ is also the organizer of the highly acclaimed AVCJ Private Equity & Venture Forum series of conferences in the world’s leading financial centers including Tokyo, Hong Kong, Singapore and New York. The AVCJ Forums series regularly receives strong support and participation from the industry’s leading professionals and firms, including GPs, institutional investors and advisors.