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After five years, VinFuture stands as a symbol of confidence in science for humanity


HANOI, VIETNAM – Media OutReach Newswire – 27 October 2025 – Professor Sir Richard Henry Friend, Chair of the VinFuture Prize Council, shared that what began as a bold idea five years ago has grown into a symbol of confidence in the power of science to serve humanity. For him, being part of VinFuture is not merely a mission, but a deeply inspiring journey—one that brings together brilliant minds from across the globe to seek out and celebrate the scientific innovations that have the power to change lives.

The Chair of the VinFuture Prize Council observed that the VinFuture Prize embodies a spirit of optimism, inspiring and encouraging endeavors that contribute to a better world. Photo: VFP.
The Chair of the VinFuture Prize Council observed that the VinFuture Prize embodies a spirit of optimism, inspiring and encouraging endeavors that contribute to a better world. Photo: VFP.

VinFuture: Free-spirited, bold, and ahead of its time

Looking back on the Prize’s remarkable five-year journey, Professor Friend shared that all the feedback he had received from his colleagues had been “one of huge positivity.” He recalled that many were initially unsure “if a newly founded prize from Vietnam can make it globally,” but today, VinFuture proudly celebrates “a wonderful list of VinFuture Prize Laureates from all over the world.”

Having already recognized four sets of winners, with the fifth to be announced later this year, he believed that “there is a quality about the group of prize winners we’ve recognized that is highly appreciated globally.”

When asked to describe VinFuture’s five-year journey in a single word, Professor Friend did not hesitate: “Optimism.” He explained, “We tend to be too negative in the developed world. We tend to find things that are wrong, not things that are right. What is so refreshing with the VinFuture Prize is the appreciation that we can make the world better. We count what has been good and we celebrate it.”

He emphasized that the VinFuture Prizes are “not tied to a particular area. It’s not chemistry or physics. It’s everything that can create a better future for humanity.” What sets VinFuture apart, he continued, “is the freedom we have to interpret the Founders’ vision. Our criteria are broad. That flexibility makes possible the freedom to explore fields that may only gain broad recognition in the years to come.”

Expressing his satisfaction with the Council’s approach, Professor Friend remarked, “I’m very pleased that we have that boldness to make some awards ahead of where others later have arrived. And that is precisely what keeps VinFuture ahead of its time.”

Reflecting on his work with the Prize Council, Professor Friend highlighted what he valued most — “the genuine learning spirit.” The Council, he said, “brings together people from very different professional fields, but we all share one thing in common — a love of learning.” Every discussion, he added, “becomes an opportunity to learn something new. We learn from the nominations and from the investigations we conduct. Altogether, it’s driven by a shared sense of curiosity and discovery.”

Although the decisions are always challenging, Professor Friend noted that the Council works “closely” and “reaches consensus.” He explained, “We all approach discussions with the same goal: to understand deeply the impact of each nomination, thereby ensuring a fair decision and honoring the most deserving achievement. We ask tough questions, we dig into details, and in the end, we reach consensus.”

Vietnamese people are capable of achieving great things

Reflecting on VinFuture’s founding during the height of the COVID-19 pandemic — a time filled with uncertainty — Professor Friend described that moment as “a real wake-up call that the whole world has to work as one.” He noted that the pandemic had shown how quickly crises could spread across the globe, and how essential it was for solutions to be global in scale. In that context, the establishment of VinFuture carried “profound significance: to honor the efforts that bring about positive change for humanity.”

He recalled with emotion the first VinFuture Grand Prize, awarded to the scientists who discovered the mRNA vaccine technology — “winners who later received the Nobel Prize.” Their visit to Vietnam in January 2022, despite global lockdowns, was deeply moving to him. “Meeting the people who had helped save millions of lives, right in the midst of the pandemic, was an experience I’ll never forget,” he said.

He described the award ceremony in Hanoi as “a very special moment — a moment of global coming together and a real sense of hope and opportunity.” The fact that it took place in Vietnam, he added, made it even more powerful, as it “represented the whole of the world.”

Speaking about VinFuture’s broader impact, Professor Friend emphasized that the Prize has brought significant positive influence to Vietnam itself. By hosting an internationally respected award that celebrates scientific excellence and humanity-centered innovation, VinFuture has helped elevate Vietnam’s global visibility and reputation as a nation that values science, technology, and the pursuit of knowledge. “I see Vietnam as a country that is proactively embracing the opportunities that science and technology bring to society and the economy, and the opportunity for education and employment,” he said.

Through VinFuture, Vietnam has positioned itself as an emerging hub for scientific dialogue and innovation — a place where the world’s leading minds can gather to exchange ideas and inspire one another. He believed that the chance “to meet, to understand what these prize winners have done” serves as “an inspiration for the Vietnamese research community and younger generations to believe in their own potential.”

He also pointed to the annual VinFuture Sci-Tech Week in Hanoi as a compelling expression of this ambition. The event, he said, “has brought to Vietnam far-reaching global dialogues — intellectual exchanges with the potential to shape the course of the world.” These discussions have sparked remarkable public engagement, attracting not only researchers but also the broader society. “It is in such moments,” he observed, “that science becomes an integral part of public life.”

Concluding his reflections, Professor Friend expressed his deep admiration for Vietnam’s drive and determination. “The eagerness to make the world better and to make things happen in Vietnam shines through very strongly,” he said. “I believe that the opportunity to engage directly with those who have driven change across the world will be deeply inspiring — kindling a strong belief that the Vietnamese people are fully capable of achieving truly great things.”
Hashtag: #VinFuture

The issuer is solely responsible for the content of this announcement.

VITURE XR Glasses Now Available in 200 Best Buy Stores Nationwide

SAN FRANCISCO, Oct. 27, 2025 /PRNewswire/ — VITURE, the global leader in everyday XR wearables, today announced that its award-winning VITURE XR Glasses are launching in 200 Best Buy stores across the United States, marking the first time consumers can experience full-display XR eyewear in person at a major U.S. electronics retailer.

The Clarity King of Display Glasses — A Never-Go-Back Experience for Gamers — now hits retail shelves across America, debuting in October at major Best Buy locations.
The Clarity King of Display Glasses — A Never-Go-Back Experience for Gamers — now hits retail shelves across America, debuting in October at major Best Buy locations.

With this rollout, VITURE becomes one of the first XR brands to bring full-display extended reality glasses to retail shelves across America, giving shoppers a hands-on look at the future of immersive entertainment, productivity, and gaming.

Experience VITURE: The Clarity King of Display Glasses

VITURE’s XR lineup has been praised by gamers and creators alike as the “Clarity King,” delivering the sharpest, most vibrant visuals in its class with cinematic-grade SONY micro-OLED displays and unmatched brightness powered by VITURE’s proprietary optical module.

Gamers describe VITURE as a never-go-back experience; once you see and play on these glasses, there’s simply no substitute.

The in-store demo experience at Best Buy allows customers to explore 2D and 3D viewing, including hands-on tests in the gaming section that showcase VITURE’s XR technology in action.

In addition, with VITURE offering the first-ever immersive gaming experience for both Nintendo Switch and Switch 2, players can now pick up the VITURE Pro Mobile Dock, an essential accessory for Switch gaming, directly in-store.

Find your nearest Best Buy store here: https://www.viture.com/shopping-channels

VITURE Brings XR Glasses In-Store with Best Buy Debut

Until now, XR glasses have been largely available only through online channels. VITURE’s Best Buy debut marks a major milestone for the entire category, making it possible for shoppers to see, feel, and experience spatial computing firsthand — no longer limited to the online buying experience.

“We were honored to be the first display glasses brands to go live on BestBuy.com last year — and now, as we expand into offline retail, we’re bringing our vision of accessible XR even closer to reality,” said Emily Wang, Co-Founder and CMO of VITURE.

“Customers have been asking for an in-person way to try our glasses for years. By showcasing at Best Buy, one of the most popular electronics retailers, we’re making extended reality as approachable as any other consumer technology.”

Retail Growth Across North America and Beyond

The Best Buy launch builds on VITURE’s rapid retail expansion across major consumer and enterprise channels. In North America, the brand has seen strong retail performance at Micro Center, B&H Photo Video, and Costco Canada, as well as online sales through Best Buy U.S. and other leading retailers.

Globally, VITURE continues to expand its footprint across Europe and beyond — becoming the first display glasses brand to go live on MediaMarktSaturn Germany, while also launching in Thailand, Hong Kong, and other key technology markets across South Asia — further driving its mission to make XR experiences accessible worldwide.

With the growing buzz around Meta’s Ray-Ban Display demo at Best Buy, this launch arrives at the perfect time, giving shoppers the chance to explore the next evolution of XR technology and see why VITURE stands apart in clarity, comfort, and immersion.

Immersive Tech Built for Work and Play

The VITURE Luma XR Glasses let users work, play, and stream anywhere, transforming any space into a personal theater or workspace.

  • Luma Pro ($499)Available in stores & on BestBuy.com. Lightweight, everyday XR glasses designed for streaming, gaming, and productivity, featuring vivid SONY micro-OLED panels, ultra-sharp screen, high brightness, and adjustable frames.

VITURE is also known for its comprehensive line of accessories, offering full compatibility for gamers and XR enthusiasts:

  • Pro Mobile Dock ($159)Available in stores & on BestBuy.com. Made for Nintendo Switch & Switch 2. Perfect for co-op gaming and movie nights together.
  • Pro Neckband  ($299 & $399)Available on BestBuy.com. Power around your neck. The official partner of PXPlay & XBXPlay, offering multi-screen support, hand gestures, and total freedom.
  • VITURE × 8BitDo Ultimate Mobile Gaming Controller  ($79)Available on BestBuy.com. The world’s first controller designed for XR glasses. Winning has never been this easy!
  • USB-C XR Charging Adapter  ($79)Available on BestBuy.com. Unlock the world’s first XR experience for USB-C iPhones — with multi-screen viewing, Immersive 3D, real-time 2D-to-3D conversion, VR videos, and endless immersion.

VITURE XR Glasses support Windows, Mac, Android, iOS, Nintendo Switch and Switch 2, Steam Deck, PlayStation, Xbox, and more, bridging entertainment and professional use across all major platforms.

About VITURE

VITURE is a global pioneer in the XR industry, redefining immersive experiences and next-gen digital consumption through cutting-edge technology, sleek design, and user-centric innovations. According to IDC, VITURE has captured more than 50% market share in the U.S. extended reality glasses category since Q4 2024, establishing itself as a benchmark company in this field.

About Best Buy

Best Buy (NYSE: BBY) is the world’s largest specialty consumer electronics retailer. Best Buy’s purpose is to enrich lives through technology, which Best Buy do by providing their customers a unique mix of advice, products and services in our stores, online, and in homes.

Media Contact
pr@viture.com

Frost & Sullivan Honors Fort Collins Utilities and Texarkana Water Utilities with Excellence in Resourcefulness Awards

Achieving Infrastructure Resiliency and Preparedness for the Water and Energy Transition

SAN ANTONIO, Oct. 27, 2025 /PRNewswire/ — Frost & Sullivan is pleased to announce Fort Collins Utilities and Texarkana Water Utilities as recipients of the tenth annual Excellence in Resourcefulness Awards in collaboration with Itron. The awards were presented during Itron Inspire 2025, Itron’s premier customer conference.

To learn more about Itron Inspire, visit www.itron.com/inspire.

Both utilities were celebrated for demonstrating that strategic technology investment is the key to achieving profound water and energy conservation goals, strengthening financial stability, and empowering their communities.

Excellence in Resourcefulness – Energy: Fort Collins Utilities

Fort Collins Utilities, a municipal utility in Colorado, is among a growing number of utilities with an ambitious goal of becoming carbon neutral by 2050 and achieving 100% renewable electricity by 2030. As a long-term proponent of flexible load, the municipality has successfully demonstrated a cost-effective, progressive approach to optimizing local variable loads through the rollout of Time-of-Use rates and DERMS. A key success factor of this program has been Fort Collins’ long-standing collaboration with Itron. Since the initial deployment, Fort Collins and Itron have worked together to refine functionalities, such as OpenADR support and advanced telematic communications for electric vehicles. The system aggregates customer-owned devices, such as smart thermostats and grid-interactive water heaters, enabling the utility to manage and shift demand in real time, actively. Through these efforts, the utility is focused on hitting specific targets, such as achieving 5% of its 2030 peak load as dispatchable capacity (approximately 16 MW).

“Since the program’s launch, the utility has successfully shifted around 750 MWh of energy annually. It also uses a “cost of conserved energy” metric to assess success, justifying investments by showing that the cost of these initiatives is much lower than the cost of purchasing energy from the power supplier,” stated Farah Saeed, Industry | Director Energy & Environment Growth Advisory at Frost & Sullivan.

The utility’s cost of saving energy is around 3 cents per kWh, while the cost of purchasing power is between 5 and 6 cents per kWh. This cost-saving strategy extends the life of capital assets, such as service transformers and conductors, by reducing peak load and overall grid stress.

Excellence in Resourcefulness – Water: Texarkana Water Utilities

Tucked away in the corner of Northeast Texas and Southwest Arkansas, Texarkana Water Utilities (TWU), a mid-sized water utility, was dealing with what many water utilities are experiencing today—the urgent need to upgrade dated water infrastructure with limited available funding. The water utility had reached a point where it recognized that any prolonged delay or inaction would further increase operational costs for detecting leaks and managing dated meters. In 2024, TWU’s AMI project secured $20 million in funding by establishing a compelling, data-backed business case. Texarkana Water Utilities’ water infrastructure modernization strategy relies on an integrated technology stack that includes satellite imagery and Itron’s leak detection solution to monitor the distribution network continuously. This solution has been instrumental in early leak detection, identifying 64 leaks in total. By quantifying potential water loss, TWU could save over 137.3 million gallons of treated water annually, resulting in $178,500 in annual operational savings.

“By quantifying potential water losses, TWU can strategically prioritize repairs and ensure resources are directed to areas with the most significant positive impact,” noted Saeed.

Beyond conservation, the new AMI system, supported by Itron’s technology, delivers real-time data to a customer portal, transforming the utility-customer relationship into one of transparency and trust. This empowers residents to partner in conservation efforts and helps the utility achieve long-term fiscal prudence.

Award Methodology

As part of the selection process, Frost & Sullivan conducted in-depth research and interviews and evaluated utilities against industry best practices and the decision criteria, including societal impact and business impact for each category. Societal impact indicators include delivering superior technology-driven resource management and resource-conscious programs that enhance overall customer experience and engagement with resourcefulness.

Business impact indicators include a well-drafted vision for implementing a technology-oriented resourcefulness strategy that yields operational efficiencies and strengthens the utilities or city’s image as a leader and advocate for sustainability.

About Itron

Itron is transforming how the world manages energy, water and city services. Our trusted intelligent infrastructure solutions help utilities and cities improve efficiency, build resilience and deliver safe, reliable and affordable service. With edge intelligence, we connect people, data insights and devices so communities can better manage the essential resources they rely on to live and thrive. Join us as we create a more resourceful world: www.itron.com.

Itron® and the Itron logo are registered trademarks of Itron, Inc. in the United States and other countries and region. All third-party trademarks are the property of their respective owners, and any usage herein does not suggest or imply any relationship between Itron and the third party unless expressly stated.

About Frost & Sullivan

Frost & Sullivan, the growth pipeline company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation, and leadership. The company’s Growth Pipeline as a Service provides the CEO and the CEO’s Growth Team with transformational strategies and best-practice models to drive the generation, evaluation, and implementation of powerful growth initiatives. Frost & Sullivan leverages over 60 years of experience in partnering with Global 1000 companies, emerging businesses, and the investment community from more than 40 offices on six continents.

To engage with our growth experts for more information, click here.

Contact:

Kristina Menzefricke

Marketing & Communications

Global Customer Experience, Frost & Sullivan

kristina.menzefricke@frost.com

+44 (0)20 331 01228

Alison Mallahan

Senior Manager,

Corporate Communications

(509) 891-3802

pr@itron.com

xTool Unveils F2: The Best Portable Dual Laser Engraver Powered by AI Crafting Agent

SANTA CLARA, Calif., Oct. 27, 2025 /PRNewswire/ — xTool, a global leader in desktop laser cutters, engravers, and smart fabrication tools, today unveiled the xTool F2, a next-generation portable dual-laser engraver designed for creators, entrepreneurs, and customization professionals. The F2 builds on the award-winning F1 with major upgrades in vision, power, and speed, and introduces all-new AImake, the world’s first AI Crafting Agent, redefining what a business-ready portable laser can achieve and enabling small businesses to expand their creative and commercial capabilities.

xTool F2: The Best Portable Dual Laser Engraver to Start Your Business
xTool F2: The Best Portable Dual Laser Engraver to Start Your Business

A defining feature of the F2 is its 50MP built-in camera, providing an ultra-clear, full-view preview of the workspace, including Slide Extension (400 × 115 mm). With ±0.1 mm alignment accuracy, the system supports autofocus, precise placement, batch recognition of multiple regular and irregular objects, and intelligent Smart Fill, reducing material waste and making operation effortless for anyone. Galvo technology delivers 8K high-resolution engraving for finer, sharper, and more detailed results.

Equipped with a 15W diode and 5W infrared laser, the F2 delivers higher processing efficiency. It cuts through 15mm wood and 12mm acrylic in fewer passes, introduces 3D embossing on wood, stone, acrylic, and produces deeper, more consistent engraving on metal. Its broad material compatibility expands both creative and commercial potential, unlocking new business opportunities and increasing productivity for small businesses.

With speeds up to 6,000 mm/s, the F2 completes orders up to 3 times faster than typical portable lasers, making it ideal for time-sensitive orders, on-site customization, and small-scale production. Featuring a lightweight, integrated design and a rolling hard case, the F2 is fully portable for craft shows, weddings, and live personalization events. Its enclosed structure, new visual AI-based flame detection, and purifier ensure safe indoor operation.

AImake acts as an intelligent creative partner, integrating real-time crafting and laser expertise with top AI models (Nano-Banana, Qwen, ChatGPT, Flux, Gemini). It supports one-stop creation from inspiration to design editing to production output, automatically selects the optimal model, features a vast craft style library, and enables one-click seamless integration into xTool Studio for fabrication.

xTool continues to push the boundaries of innovation and professional fabrication. With the F2 and world’s first AI Crafting Agent, it delivers a ready-to-use, high-efficiency portable business solution that empowers creators and small businesses to realize their ideas and generate value anytime, anywhere.

Fibronostics Acquires Stone Clinical Laboratories to Advance MASH/MASLD Diagnostics

Acquisition expands U.S. lab operations and accelerates innovation in non-invasive diagnostics for metabolic and liver diseases.

NEW ORLEANS, Oct. 27, 2025 /PRNewswire/ — Fibronostics, a global leader in non-invasive diagnostics for metabolic and liver diseases, today announced the completion of its acquisition of Stone Clinical Laboratories, LLC, a leading provider of advanced laboratory services in the United States.

This strategic acquisition strengthens Fibronostics’ research and development position and reinforces its commitment to innovation in metabolic dysfunction-associated steatohepatitis (MASH) and metabolic dysfunction-associated steatotic liver disease (MASLD).

The transaction comes at a pivotal time for the industry, following major milestones such as the FDA approvals of Madrigal Pharmaceuticals’ Rezdiffra™ and Novo Nordisk’s Wegovy®, as well as Roche’s acquisition of 89Bio. These developments highlight growing investment in MASH/MASLD therapeutics and the rising demand for reliable, scalable diagnostics that can identify patients earlier and more precisely, assess disease progression, and monitor treatment outcomes.

“With the acquisition of Stone Clinical Laboratories, Fibronostics expands its U.S. laboratory infrastructure and operational expertise,” said Brock Smith, Chief Executive Officer of Fibronostics. “This strengthens our ability to accelerate innovation in non-invasive diagnostics and enhance collaborations with pharmaceutical and healthcare partners addressing the global burden of MASH and MASLD.”

Stone Clinical Laboratories brings extensive technical expertise and robust testing capabilities that complement Fibronostics’ proprietary digital health platforms, including LIVERFASt®. Together, they will advance biomarker development, R&D programs, and clinical validation studies supporting therapeutic innovation and patient management.

“Therapeutic breakthroughs in MASH and MASLD are reshaping liver care,” added Smith. “As treatment options expand, the need for precise and accessible diagnostics becomes more critical. This acquisition positions Fibronostics to lead in providing scalable solutions that bridge diagnostics and therapeutics.”

The acquisition represents a significant milestone in Fibronostics’ growth strategy. The combined organization is well-positioned to collaborate with biopharma innovators, healthcare systems, and payers to accelerate early detection and improve outcomes for patients worldwide.

About Fibronostics
Fibronostics is a global health technology company specializing in non-invasive diagnostic solutions for chronic diseases, with a focus on liver and metabolic disorders. Its flagship platform, LIVERFASt®, enables clinicians to assess liver health quickly, accurately, and at scale. The company partners with global pharmaceutical firms, diagnostic laboratories, and healthcare systems to advance next-generation liver diagnostics and improve patient outcomes worldwide.

Contact:
Brock Smith, CEO
Fibronostics US Inc.
Phone: 1-888-552-1603
Email: brock.smith@fibronostics.com

The 32nd China International Advertising Festival & the 34th AdAsia Beijing 2025 Conclude Successfully

Dual Events, Shared Future: The Global Advertising Community Explores New Frontiers in China

BEIJING, Oct. 27, 2025 /PRNewswire/ — The 32nd China International Advertising Festival (CIAF 2025) and the 34th AdAsia Beijing 2025 took place at the Zhongguancun International Innovation Center in Beijing from October 24 to 26. The event, hosted by the China Advertising Association in collaboration with the Haidian District People’s Government of Beijing Municipality and the Asian Federation of Advertising Associations, marked the first time that China’s advertising industry adopted a globally connected “dual-host” format. Under the theme “AI-Driven Next-Gen Ads: Converging in China, Pulsing across Asia,” the gathering brought together over 220 prominent advertising and marketing leaders from more than 30 countries and regions to exchange insights on innovation and the future of the industry.

The highlight of this year’s program was the introduction of the “Dual-Event Linkage” framework, drawing significant attention from the global advertising community. Executives from Accenture Song, Dentsu, WPP, and Kantar, together with representatives from China Media Group, Tencent, Haier, Ocean Engine, NetEase Media, Baidu, Huawei, Kuaishou, and Xiaohongshu, engaged in high-level dialogues on “AI² — Advertising Innovation and Artificial Intelligence” and “Breakthroughs in Brand Globalization.” Together, they shared forward-looking insights and groundbreaking practices that are redefining the future of brand communication.

Building on the technological ecosystem of Beijing’s Haidian District—a national powerhouse for science, innovation, and entrepreneurship—the event demonstrated the transformative impact of digital technology. Interactive showcases featured AI-driven creative tools, digital avatars, and immersive virtual exhibitions, highlighting the boundless potential at the intersection of creativity and technology. This cross-sector integration between technology and advertising is accelerating innovation and setting new benchmarks for global industry growth.

The event featured a dynamic agenda including the opening ceremony, flagship forum, the awards ceremony for the China Advertising Association’s top industry accolades—the 2025 Yellow River Award for Public Service Advertising and the 2025 Great Wall Award for Commercial Advertising. Twenty thematic forums and three major exhibitions showcased exceptional creative achievements and forward-thinking campaigns from around the world, providing a comprehensive perspective on global reach and creative vitality.

The successful hosting of CIAF 2025 and AdAsia Beijing 2025 demonstrated China’s growing influence as a hub for advertising innovation. With growing openness and confidence, the industry is sharing Chinese wisdom and solutions worldwide, driving a new era of global growth.

 

Biban Forum 2025: Entrepreneurship World Cup Brings World’s Top Startups to Riyadh

RIYADH, Saudi Arabia, Oct. 27, 2025 /PRNewswire/ — Riyadh is gearing up to welcome the world’s top startups as Biban Forum 2025 hosts the highly anticipated Global Finals of the Entrepreneurship World Cup (EWC) for the third consecutive year. Biban, a premier annual forum dedicated to fostering entrepreneurship and innovation in Saudi Arabia and beyond, returns this year as a dynamic platform for dialogue, collaboration, and growth. Connecting over 140,000 visitors, 1,000+ exhibitors, and 22 speakers, the forum brings together entrepreneurs, investors, and policymakers to advance the entrepreneurial ecosystem. Through inspiring sessions, workshops, and showcases, empowering startups and SMEs to scale locally and globally.

Backed by the Mohammed bin Salman Foundation (MISK) and the Global Entrepreneurship Network (GEN), the EWC has grown into the world’s largest startup competition, attracting over 420,000 entrepreneurs from 191 countries since its inception.

This year’s competition witnessed unprecedented interest, with more than 10,300 startups from 169 countries applying, more than double last year’s total, from this diverse pool across 16 sectors. The EWC has grown to become the world’s largest competition of its kind, bringing the top 100 global startups to Riyadh where participants will showcase their unique businesses and propositions, and compete for over $1.5 million in cash prizes. Besides funding, participants will gain access to strategic partnerships and investment opportunities through collaboration with more than 64 global partners.

Since its inception, Biban has been envisioned as a global platform to inspire innovation and empower founders to bring bold ideas to life. Hosting the EWC Global Finals is part of its continued mission to support both Saudi and international entrepreneurship, while further solidifying Riyadh’s position as a hub for startups and scale-ups.

Saud Al-Sabhan, Vice Governor of Entrepreneurship at Monsha’at said: “Through past editions of the EWC, we’ve seen founders secure investment, scale globally, and launch impactful solutions. Our programs and partnerships have helped turn bold ideas into real ventures, and we’re committed to enabling the next wave of entrepreneurs to go even further.”

In alignment with Saudi Vision 2030, Biban 2025 highlights Monsha’at’s dedication to fostering a vibrant SME & Startups ecosystem, generating jobs opportunities, and supporting sustained economic growth across Saudi Arabia.

The WEMP Foundation and Rafa Nadal Foundation are joining together to Support Total Wellbeing of Children and Youth through Play

HONG KONG, Oct. 27, 2025 /PRNewswire/ — The WEMP Foundation (WEMP, which stands for “Wellbeing”, “EQ”, “Mental Health”, and “Parenting”) and the Rafal Nadal Foundation (RNF) are delighted to announce their alliance for supporting total wellbeing of children and youth around the world through Play. Dr. Adrian Cheng, founder of The WEMP Foundation, and Mr. Rafael Nadal, founding patron of the Rafa Nadal Foundation, co-hosted “The Children Ball A Night of Hope, Strength and Inspiration”, which was held at Rosewood Hong Kong on 24th October 2025. They are reimagining geographic boundaries in their shared mission of creating an inclusive world for every child and adolescent.

Millions of children and adolescents lack access to safe places where they can learn, grow, and thrive. By coming together, these two organisations aim to “break down barriers” in underserved communities—leveraging “sports and play” as transformative tools for “education, mental health support, and empowerment”.

Dr. Adrian Cheng has invited Rafael Nadal as a co-host of The Children Ball 2025. The two began their partnership with the launch of Asia’s first and only Rafa Nadal Tennis Center Hong Kong under Rafa Nadal Academy by Movistar in Hong Kong. Dr. Cheng and Mr. Nadal are deeply committed to the cause, sharing a profound belief that investing in the wellbeing of children is crucial for fostering a brighter future for society. The partnership not only highlights their shared values but also emphasizes the significance of community involvement in philanthropic efforts.

Hong Kong is ready to become a global philanthropic hub, boasting a strong financial infrastructure and more than 10,000 tax-exempt charities are already in the city.” Dr. Adrian Cheng, founder of The WEMP Foundation, said “By partnering with a like-minded philanthropic foundation from Spain, our collaboration shows how friendship can be scaled to create global impact. The ball not only celebrates WEMP’s achievements as the largest foundation promoting children’s mental wellbeing in Hong Kong, with the most extensive school-focused programs in the city, but also demonstrates our ongoing commitment to making a profound social impact on children’s mental health. We extend our deepest gratitude to our supporters and look forward to positioning Hong Kong as a leading centre for philanthropy.”

“It feels great to partner with Adrian again, following our previous collaboration to launch the Rafa Nadal Tennis Center Hong Kong. Both of us believe that we have a responsibility to speak up for the next generation. We are committed to using sports to improve the wellbeing of young people around the world,” said Mr. Rafael Nadal, founding patron of the Rafa Nadal Foundation, “Total wellbeing is the powerful balance between physical activity, personal growth, and emotional resilience. We strive to unlock the potential of children and adolescents through sports, education, and mentorship.”

United by a shared belief in the importance of mental health care, Dr. Cheng and Mr. Nadal, along with their foundations, will continue working to build a more sustainable philanthropic ecosystem that serves both beneficiaries and society at large.

Join The WEMP Foundation and the Rafa Nadal Foundation in making a meaningful difference in the lives of those in need. Follow @wempfoundation and @frnadal on Instagram for updates leading up to The Children Ball.

Dr. Adrian Cheng, founder of The WEMP Foundation and Mr. Rafael Nadal, founding patron of the Rafa Nadal Foundation, at the Meet-the-Press session on 24th October 2025 in Hong Kong.
Dr. Adrian Cheng, founder of The WEMP Foundation and Mr. Rafael Nadal, founding patron of the Rafa Nadal Foundation, at the Meet-the-Press session on 24th October 2025 in Hong Kong.

(From right) Dr. Adrian Cheng of The WEMP Foundation, Mr. Rafael Nadal and Ms. María Francisca Perelló of Rafa Nadal Foundation discussed the collaboration for The Children Ball at the Rafa Nadal Academy by Movistar in Manacor, Spain (Rafa’s hometown) in mid-2025.
(From right) Dr. Adrian Cheng of The WEMP Foundation, Mr. Rafael Nadal and Ms. María Francisca Perelló of Rafa Nadal Foundation discussed the collaboration for The Children Ball at the Rafa Nadal Academy by Movistar in Manacor, Spain (Rafa’s hometown) in mid-2025.

About The WEMP Foundation

Founded by Dr. Adrian Cheng, The WEMP Foundation is Hong Kong’s first non-profit organisation dedicated to the mental wellbeing of underprivileged children and families, and the largest philanthropic organisation in Asia promoting children’s mental wellbeing. It is an all-rounded collaboration platform that brings together children, parents, schools and the community, aiming to nurture and support their mental health and help children and teenagers establish positive thinking through sustainable development projects and initiatives, and prepare them with the solid foundation to reach their full potential to positively lead our future community. 

About the Rafa Nadal Foundation

The Rafa Nadal Foundation works with the firm belief that sport and education are transformative tools through which we can create a better world.

It supports children and young people in vulnerable situations on their path to a quality future. The Foundation develops various projects in Spain and India that directly contribute to achieving four of the 17 most important Sustainable Development Goals, which in turn become its four main areas of impact: health and wellbeing, quality education, social integration, and partnerships to achieve the goals.