LG reveals the first shortlisted startups for its LG Nova incubator

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korean technology giant LG Makes everything from televisions (they announced something new at CES), washing machines and fridges to, well, It will probably take less time to list things they don’t include., It shouldn’t come as a surprise that the company has a strong interest in innovation, and LG Nova It has a relatively new North American Innovation Center. Based in Santa Clara in Silicon Valley, Calif., the LG business unit is finding new and interesting ways to work with startups to advance LG’s mission in some of its core growth areas.

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At the Consumer Electronics Show (CES) in Las Vegas, the company announced the first companies to work with the electronics giant to make it to its shortlist. Startups have some similar characteristics, highlighting and strengthening certain focus areas for the company’s innovation sectors.

The LG Nova is certainly aiming to be the center of the Venn diagram of the entire startup ecosystem, including startups. It seeks to combine this with LG’s own strengths and advantages, which include a broader investor landscape, big tech, academia, the entrepreneurial community, and LG’s own sales and marketing channels, where appropriate.

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The current program that LG Nova is running is the Mission for the Future Challenge, which is essentially a filtration system to find the most promising entrepreneurs and startups that will work for LG’s entrepreneurs to help build businesses within the LG ecosystem. Can work together in residence. mission to the futureLG Nova’s nine-month annual challenge program is designed to seek out the best ideas, concepts and businesses from around the world that will improve quality of life for a smarter, healthier, more connected future.

The first big theme for LG in this space connected health, with a particular focus on providing health care through services to meet the welfare needs of people at health facilities, either in their homes or in that location. LG Nova announces its first two shortlisted companies: XR Health, which provides VR treatment rooms for telehealth services, and Maya MD, which is a digital AI health assistant that leverages LG’s televisions to encourage customers into active conversations about their health.

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metaverse The second broad category is where the LG Nova is paying particular attention, which appears to be a more comprehensive exploration of how people and machines can connect in new interaction modalities. Here, LG Nova announced IQ3, which builds enterprise applications and services for product training for the Metaverse, and I3M, which is building a hyper-realistic virtual travel and tourism experience.

Sustainable mobility is the third pillar in LG’s innovation push, in the words of the company active mobility, spark charge There is an interesting company that is making EV charging mobiles while maintaining stability. drivesMeanwhile, Electric Vehicle is building an operating system of sorts for charging management.

The last part of the LG Nova’s innovation pie chart is what it’s all about smart lifestyle, which appears to be LG-spec for smart home technology. In this universe, he chose a universal smart-key technology, every key, which is an attempt to use a single device to unlock your car, phone and doors, and preserves your website login, while a.kin ai The company is working to add virtual assistant technology to LG’s hardware products. It is specifically aimed at homes where there are home-care coordination challenges for a neuro-diverse audience. sheffling Smart Lifestyle rounds out the cable, with a one-stop solution for planning, shopping, and cooking meals that follow your dietary needs.

The announced startups give you a behind the scenes look at the kind of thing the LG Nova is looking for. Next batch will open for applications later this year, and at CES, I spoke in depth with the program’s boss to learn more about what LG is looking for, how the program aims to work with startups, and an insider look at how to catch the eye of the incubator’s selection committee. Get information.,

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