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 several areas, and the Ok-Startup space was most likely the busiest. We had an opportunity to go to it on Saturday, Jan 7, and had been in a position to verify virtually all of them.
Ubergizmo was a part of the Ok-Startup International Media Awards jury, and our activity was to pick out Ubergizmo’s High 3 startups. Our scoring and people from different worldwide media would decide the ultimate International Media Awards High 3. In complete, we had 46 startups competing for the highest spot, and that was one of the crucial dynamic teams we’ve seen but.
We’ve been requested to make use of a scoring system primarily based on 4 key metrics: marketability, world market potential, Funding potential, and competitiveness. The coefficients apply equally to all startups.
From our viewpoint, the highest three Ok-Startup corporations had been SevenPointOne, Avalve, and Dongnam Understand Inc.
You would possibly do not forget that SevenPointOne was already a high nominee for MIK CES 2023, however it is smart 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 likely one of the most underdiagnosed situations within the US, and an enormous variety of folks might have higher residing situations if handled earlier. We anticipate this space to be extraordinarily aggressive, however SevenPointOne already has a product.
Avalve takes meals manufacturing to the subsequent stage by offering software program and sensors to indoor farmers who need to develop meals completely utilizing a relentless knowledge stream. The corporate can monitor and analyze particular person vegetation to assist farmers ship optimum vitamin to particular person crops.
By doing so, Avalve claims to double the crop’s yield whereas decreasing labor by virtually half. Avalve recommends utilizing as much as one digital camera per plant, which appears unimaginable. Nonetheless, 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. provides an thrilling plastic substitute 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 substitute in varied 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 substitute for sure plastics.
We had been stunned to study that though the fabric is cleanly bio-degradable, it might probably stay in touch with water for prolonged intervals, making it superior to many different natural replacements that can’t maintain such contact with out degrading in days.
One of the simplest ways to eliminate plastics is to search out higher supplies, and Dongnam Understand Inc will get us one step nearer to that purpose.
We need 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 modern merchandise and corporations, however in the end, we had been guided by our 17 years of expertise protecting CES.
Congratulations to the highest three corporations with the very best aggregated scores, and we want them nice success within the market.
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