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The Department of Industrial Technology under Taiwan's Ministry of Economic Affairs (MOEA) led 20 research-driven startup teams to InnoVEX, one of Asia's leading innovation and startup exhibitions. At the event, they unveiled the Taiwan Research-Institute Entrepreneur Ecosystem (TREE) Pavilion, showcasing advanced innovations in AI, ICT, semiconductors, smart mobility, biotech, healthcare tech, green tech, and the circular economy.

Three startups have achieved the NT$100 million revenue benchmark:

-FREE Bionics: Has tripled its revenue in the past four years and secured over NT$600 million in funding.
-KopherBit: On track to exceed NT$100 million in revenue by 2025.
-GasolineAI: Secured an order worth NT$100 million in its first year.

Additionally, the 2025 TREE Award Ceremony took place on May 22, celebrating five promising startup teams from research institutions. Experts selected them for their achievements in translating research innovations into market successes.