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Since program inception in 2012, Samsung has incubated about 870 startups and tasks
Samsung Electronics as we speak introduced will probably be showcasing new progressive tasks developed from its C-Lab program at CES® 2024, which runs from January 9 by way of 12. Throughout the showcase, Samsung will spotlight 15 startups and tasks — the best quantity the corporate has ever featured — at Eureka Park on the Venetian Expo in Las Vegas, the principle exhibition area for startups on the world’s largest tech present.
This yr’s CES is predicted to function greater than 1,000 startups and appeal to greater than 130,000 guests from around the globe, together with enterprise executives, traders and media. On the occasion, Samsung expects startups from C-Lab to evaluate international market responses, strengthen their enterprise feasibility and meet with traders.
“The purpose of the C-Lab program is to raise a platform for startups to develop and flourish,” mentioned Pilgyu Jeon, Government Vice President and Head of the Creativity & Innovation Heart at Samsung Electronics. “CES is the proper venue for these thrilling corporations and tasks to indicate main tech gamers that they belong on the worldwide stage.”
The C-Lab program was created in 2012, and because it was established, Samsung has nurtured a complete of 872 startups and tasks. This consists of 475 by way of C-Lab Exterior and 397 by way of C-Lab Inside. Particularly, 537 C-Lab startups (62 from C-Lab Spin-off and 475 from C-Lab Exterior) have raised a cumulative complete of $1 billion in funding.
C-Lab Exterior was created in October 2018, and startups chosen for this system obtain full assist — together with workplace workspaces, personalized improvement packages and funding — together with enterprise cooperation from Samsung Electronics. Dr.Tail, a web based veterinary session service, has collaborated with Samsung Electronics to deliver its companies to Samsung Good TVs1 and might be exhibited on the C-Lab cubicles at CES.
Along with Dr.Tail, Samsung Electronics will exhibit 9 different startups chosen and supported by the C-Lab Exterior program:
“We’re excited to be a part of C-Lab’s high-profile startup sales space at Eureka Park,” mentioned Sunkwan Lee, CEO of Ghost Go. “Due to the assist of Samsung C-Lab, we gained the CES Innovation Award this yr, which I feel makes this yr’s CES a great alternative for us to take a step towards going international.”
Samsung has been exhibiting its C-Lab Inside tasks at CES since 2016 and this yr’s CES exhibit will function two tasks which are presently being fostered in-house. These tasks are from the healthcare and pet-tech sectors and have been extremely regarded for his or her innovation, marketability and completeness:
In 2016, Samsung Electronics launched its C-Lab spin-off program, which permits C-Lab Inside tasks with excessive market potential to be launched as fully-fledged startups. At CES 2024, three C-Lab spin-off startups — which initially began as C-Lab Inside tasks — will showcase their progressive merchandise in C-Lab cubicles:
In November 2023, the Client Expertise Affiliation (CTA) introduced the winners of the CES 2024 Innovation Awards, together with the award for Better of Innovation. Tasks from the C-Lab program obtained one Better of Innovation Award and 22 Innovation Award Honorees.
Samsung is sharing its data of successful CES Innovation Awards and getting into the worldwide market with C-Lab startups, which has allowed them to seek out success. At CES 2024, 16 C-Lab Exterior startups have been named as Innovation Award Honorees. As for C-Lab Spin-off startups, one venture obtained a Better of Innovation Award and 4 have been named Innovation Award Honorees.
Particularly, STUDIO LAB — a startup spun off in 2021 — gained the CES Better of Innovation Award within the Synthetic Intelligence class. The corporate’s merchandise embrace Vendor Canvas, an AI-based commerce element web page automation service, and Picture-bot, an automatic commerce pictures robotic that mixes AI and robotics.
Yellosis and DEEPX — two of the startups being exhibited on the C-Lab cubicles — every obtained Innovation Awards in three classes. Yellosis is a digital well being startup spun off in 2020 that developed Cym702 Seat, a wise bathroom that robotically measures liquid physique waste and supplies well being administration options. The corporate additionally developed Cym702 Circle, a wise bathroom that merely measures glucose in liquid physique waste in public restrooms. Yellosis gained CES Innovation Awards in three classes, together with Digital Well being, Good Cities and Human Safety for All.
DEEPX was based in 2018 and develops edge AI chips for computational processing of AI algorithms similar to deep learning-based object recognition, face/voice recognition, picture classification and picture high quality enchancment. DEEPX is the primary AI semiconductor firm to win CES Innovation Awards in three classes, together with Embedded Applied sciences, Robotics and Laptop {Hardware} & Parts.
1 Companies might be accessible on Samsung Good TVs launched within the U.S. beginning in 2024.
2 A neural processing unit (NPU) is a microprocessor specialised for AI workloads and simultaneous operations.
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