SparkLabs said it has invested US$40,000 in each of the eight startups that form the third cohort of its Taiwan accelerator program in exchange for up to 6% equity.

The startups are working on solutions in fields like telemedicine, commercial AI, and internet of things, among others, according to a statement.

Established in 2018, SparkLabs Taipei said it has invested in a total of 18 startups that have received further funding from 500 Startups, NEC Capital Solutions, and Hive Ventures, among others.

Read the full story at techinasia.com.