At CES 2023, Korea had what appeared just like the second-largest startup presence after the French contingent. There have been a powerful variety of Korean startups in numerous places, and the Okay-Startup space was most likely the busiest. We had an opportunity to go to it on Saturday, Jan 7, and had been capable of test nearly all of them.
Ubergizmo was a part of the K-Startup Global Media Awards jury, and our activity was to pick out Ubergizmo’s Prime 3 startups. Our scoring and people from different worldwide media would decide the ultimate World Media Awards Prime 3. In whole, we had 46 startups competing for the highest spot, and that was probably the most dynamic teams we’ve seen but.
We’ve been requested to make use of a scoring system based mostly on 4 key metrics: marketability, international market potential, Funding potential, and competitiveness. The coefficients apply equally to all startups.
From our perspective, the highest three Okay-Startup corporations had been SevenPointOne, Avalve, and Dongnam Understand Inc.
You would possibly keep in mind that SevenPointOne was already a prime nominee for MIK CES 2023, but it surely is sensible to search out them right here once more because it has a product that might assist everybody sooner or later in life.
SevenPointOne builds software program that may detect early indicators of dementia and cognitive impairments. This is among the most underdiagnosed circumstances within the US, and a large variety of individuals might have higher dwelling circumstances if handled earlier. We count on this space to be extraordinarily aggressive, however SevenPointOne already has a product.
Avalve takes meals manufacturing to the subsequent degree by offering software program and sensors to indoor farmers who wish to develop meals completely utilizing a continuing knowledge stream. The corporate can monitor and analyze particular person crops to assist farmers ship optimum vitamin to particular person crops.
By doing so, Avalve claims to double the crop’s yield whereas lowering labor by nearly half. Avalve recommends utilizing as much as one digicam per plant, which appears unimaginable. Nevertheless, due to such sensors’ dwindling prices, it’s cost-effective for particular crops. Avalve has an in depth plant database and continues buying extra knowledge into its cloud platform.
#3 Dongnam Understand Inc.
Dongnam Understand Inc. affords an thrilling plastic alternative that makes use of wooden, a easy carbon-neutral materials obtainable in abundance. By doing so, the corporate makes it handy to make use of this alternative in numerous industries. This new materials doesn’t want new tooling and is delivered in the identical pellet type as most plastics. As such, it’s a drop-in alternative for sure plastics.
We had been stunned to study that though the fabric is cleanly bio-degradable, it might stay in touch with water for prolonged durations, making it superior to many different natural replacements that can’t maintain such contact with out degrading in days.
The easiest way to do away with plastics is to search out higher supplies, and Dongnam Understand Inc will get us one step nearer to that purpose.
We wish to thank all of the startups that took the time to arrange and ship a pitch to our group of media jury. It was difficult to rank so many revolutionary merchandise and corporations, however finally, we had been guided by our 17 years of expertise overlaying CES.
Congratulations to the highest three corporations with the best aggregated scores, and we want them nice success within the market.