JLK Technology Partners with VentureBlick, Infuses Expertise & US$1M in 'Super Incubator'

Aug. 14, 2023 - PRLog -- VentureBlick, a Super Incubator specialising in medtech startups, is proud to announce a strategic partnership with JLK Technology, a leading global Contract Design and Manufacturing Organisation (CDMO). The collaboration aims to expedite the transformation of groundbreaking medtech ideas into real-word solutions.

The US$1 million investment of JLK Technology's parent company, Lyves Hatcher, into VentureBlick Holdings marks a significant milestone, solidifying the partnership and aligning both sides towards a common objective. This commitment-backed collaboration carries tangible impact and demonstrates a deep understanding of the medtech industry.

Key highlights of this partnership include:

1.        Smart Manufacturing Expertise: VentureBlick will offer startups comprehensive design, fabrication, prototyping, and manufacturing support under one roof, thanks to JLK Technology's expertise and partner networks. This streamlined approach will expedite the development of visionary ideas into real-world products.

2.       Co-Investment Opportunities: Both parties will identify and capitalise on promising investment prospects through VentureBlick's meticulous startup selection process and early market validation with the medical community.  Co-investing in these startups will fuel their growth and accelerate the introduction of revolutionary solutions to the market, with a higher chance of adoption from the intended end users.

3.      Global Reach and Expertise: With JLK Technology's extensive presence across Singapore, China, India, Thailand, and Vietnam, combined with VentureBlick's presences in Singapore, Korea, India, Australia, China, USA, and Europe, startups gain a global edge. Access to resources, knowledge, and strategic guidance from VentureBlick's Advisory Network ensures their ideas can be effectively nurtured and transformed into reality on a global scale.

About VentureBlick
VentureBlick is a Super Incubator for medtech startups, providing a fully customisable one-stop solution to build, test, and market innovations with the ultimate goal of successful exits or commercialisation. The company is headquartered in Singapore with a presence in Australia, China, Germany, India, Korea, and USA. To date, VentureBlick has attracted more than 700 startups from 70 countries. Its global advisor network comprises more than 1,300 practising clinicians and healthcare industry experts from 50 countries, covering 30 specialty areas. www.ventureblick.com.

About JLK Technology
JLK Technology is a leading equipment manufacturer and systems integrator for consumer electronics, medical equipment, and automotive solutions with more than 30 years of experience. Headquartered in Singapore, JLK Technology operates ISO 13485 and ISO 9001 certified facilities in China, with a skilled team of over 350 service engineers spread across China, India, Thailand, and Vietnam. JLK aims to expand its medical equipment manufacturing facilities in Singapore, China, India and Thailand to meet the increasing demand of the medtech market within the region. www.jlk-tech.com