TAIPEI, June 5, 2025 /PRNewswire/ — FSP Group (FSP TECHNOLOGY INC, TSE: 3015), a leading global power supply brand, and Mosaic Venture Lab, a venture accelerator specializing in digital health, smart mobility, and semiconductor innovation, today announced their official collaboration to establish an incubation fund. This fund aims to foster Taiwanese startups, with a focus on specialized applications within the semiconductor, mobility, and artificial intelligence industries.
The FSP-MVL Innovation & Sustainability Fund will provide capital, technical and manufacturing resources, and international market connections to help Taiwanese startup teams accelerate their growth from the seed stage and expand into global markets. Startups at the seed stage often face the “valley of death.” While Taiwanese startup teams generally possess impressive technical capabilities and R&D strength, they often lack accelerator guidance for their business models, leading to difficulties in fundraising and business development. This is precisely why FSP Group hopes to leverage Mosaic Venture Lab’s expertise to help these early-stage startups develop scalable business models.
Since its establishment in 1993, FSP Group has been committed to providing comprehensive green energy solutions, with products used in ICT, consumer electronics, industrial, lighting, medical, and new energy technologies. Beyond its leading position in R&D, FSP Group also invests significant resources in employee welfare, social engagement, and environmental sustainability, striving to drive progress through innovation, implement green manufacturing, and fulfill its corporate social responsibility.
Left: Mosaic Venture Lab startup event. Right: FSP Spokesperson Paul Yao.
Mosaic Venture Lab focuses on discovering and nurturing innovative technologies in Taiwan, Japan, and Korea. It collaborates with renowned global automotive manufacturers such as the VW Group and AUDI, as well as Tier-1 supplier Continental Group. In digital health, Mosaic Venture Lab partners with Medtronic to promote digital health, smart mobility, and semiconductor innovation.
The newly established incubation fund will concentrate on three specialized industry applications:
- Semiconductors: Supporting technological innovation in advanced packaging, sensors, and AI chips.
- Mobility: Driving innovative applications in electric vehicles, smart vehicle connectivity, and autonomous driving.
- Artificial Intelligence: Enhancing AI applications in manufacturing, healthcare, and finance to improve efficiency and innovation.
“Mosaic Venture Lab is one of the few accelerators in Taiwan with a proven track record of overseas business expansion,” said Paul Yao, Spokesperson for FSP Group. “Through this partnership, we aim to combine FSP’s expertise in power technology and green energy with Mosaic Venture Lab’s experience in startup acceleration and international connections to build a supportive ecosystem for Taiwanese startups.”
Johnny Yu, Managing Director at Mosaic Venture Lab, stated, “Taiwan possesses a solid foundation in semiconductors, smart mobility, and digital health. We look forward to using this fund to discover and cultivate more internationally competitive startup teams, driving Taiwanese innovation globally.”
The fund is expected to officially launch in the third quarter of 2025 and will collaborate with various universities, research institutions, and industry partners in Taiwan to establish a comprehensive startup support platform.
About FSP Group
FSP Group is a leading professional manufacturer of power supplies globally. Since its establishment in 1993, guided by its philosophy of “Service, Professionalism, and Innovation,” FSP Group has continuously positioned itself as a comprehensive green energy solutions provider. By leveraging its leading position in power technology, it deepens its commitment to the green energy sector, offering competitive and high-quality products. FSP Group aims to be the most reliable partner for customers, consumers, and suppliers, jointly creating optimal value.
FSP Group continues to advance its R&D, focusing on ultra-high efficiency, extended lifespan, and new energy. It applies its accumulated power technology expertise to a wider range of applications, including forward-looking products in ICT, consumer electronics, industrial, lighting, medical, and new energy technologies.
Adhering to its vision of sustainable operation, FSP Group establishes an international brand image for green products, conveys its 3S (Safe, Stable, Saving) philosophy, and fulfills its corporate social responsibility. For more information, visit https://www.fsp-group.com/tw/AboutFSP.html
About Mosaic Venture Lab
Mosaic Venture Lab is a venture accelerator focused on digital health, smart mobility, and semiconductor innovation. It collaborates with global automotive OEMs and Tier-1 suppliers to drive technological innovation and optimize business models. Mosaic Venture Lab is dedicated to discovering and nurturing innovative technologies in Taiwan, Japan, and Korea to connect them with leading European and American enterprises. For more information, visit https://www.mvl.biz
For further information, please contact:
FSP Group Spokesperson: cqe@fsp-group.com.tw
Mosaic Venture Lab Media Contact: jy@mvl.biz
