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Updates on the Investments Scene

PJ Legaspi (right) celebrates with his team and ThincLab members after winning first place in the University of Adelaide’s Tech eChallenge this year.

Nagueño-led AI-Study Help App Clinches First Place in University of Adelaide Tech eChallenge

PJ Legaspi (right) celebrates with his team and ThincLab members after winning first place in the University of Adelaide’s Tech eChallenge this year. ADELAIDE, AUSTRALIA — Nagueño and City Government of Naga Investment Promotions Officer Paul John Collantes Legaspi, along with his team, emerged as the top winner in the prestigious Tech eChallenge 2025 at the University of Adelaide, besting 59 participating teams from across the university. The winning project, named Quixly, is an AI-driven mobile application designed to enable students and parents to effortlessly convert study materials into quizzes, flashcards, and review guides with a single tap. The platform…

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“There is a direct relationship between brain drain and poverty of a region. Understanding this, I courageously founded over a decade ago my first formal startup, an Apple iPad POS company, with the goal of creating job opportunities that will make our best and brightest software engineers stay in Naga City. It was very, very difficult then. Today, this ordinance, I foresee, will encourage more founders and startups to flourish in our Maogmang Lugar. Then give them 2-3 years, our city will begin seeing their contribution to the local economy and job creation through their innovative products and services, coupled with newer business models. This could be our way to becoming a ‘Startup City’.”

Magno Edilberto R. Conag III

CEO, Nueca Technologies Inc.

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