Startups

LG announces the first 50 participants in its LG Nova program

Comment

Image Credits: LG Nova

LG’s innovation center — LG Nova among friends — today announced that it has selected the first 50 companies for its Mission for the Future global challenge competition. From 1,300 applicants, the company picked its first cohort to start building opportunities with the startups. Nova itself is a counterpoint to profit-focused corporate venture capital outfits, and is instead focusing on abilities to collaborate with the LG conglomerate across the board, in a few key verticals: the metaverse, connected healthcare, smart homes, electric vehicles (EV) and the wonderfully fuzzily named tech for good.

The first official “First 50” group represents innovations “in industries that will have the most immediate impact on society now and in the future,” as LG describes it. 

“These companies represent the top of the diverse pool of innovative ideas and companies who applied to our Mission for the Future challenge to address the challenges facing our community. In these companies, we see great potential opportunities to explore transformative changes that will take our commitment of innovating for a better life to the next phase,” said LG Nova head Dr. Sokwoo Rhee, senior vice president for innovation at LG Electronics. “Our work with these companies will be guided by our role as a leading global innovator of next-generation products, technologies and services as we help them accelerate their growth and deliver positive impact to the world.”

I spoke with Dr. Rhee in great detail earlier this year, to figure out how startups can work with LG Nova:

LG and the hunt for the next-gen corporate incubator

Here’s the full list of companies that made the cut:

Connected Health

  • AcceXible – Platform for the early detection and monitoring of mental conditions through speech analysis.
  • Attune Neurosciences – Improves human health and performance with clinically proven, non-invasive neurostimulation products.
  • CurieAi, Inc. – Tech-enabled, virtual respiratory care provider that makes it easy to take the unknown and unmanageable out of respiratory illness and give control back to the patients suffering from it.
  • LifeNome – Award-winning precision (biology-personalized) health enterprise platform powered by genomics and AI.
  • MayaMD – Conversational digital human-AI health assistant.
  • medZERO – Employer-sponsored buy now, pay later financial wellness platform that gives employees a smarter way to pay for healthcare.
  • Mindset Medical – Delivers a portfolio of proprietary virtual technologies that advance the full continuum of patient care.
  • NousLogic Telehealth – Connective health technology delivering home solutions for wellness, acute care and smart lifestyle services at the point-of-need.
  • PyrAmes – Enhances health and wellness through continuous and non-invasive monitoring of blood pressure and other vital signs.
  • Selfit – Digital robotic care focusing on the aging population, physical and cognitive health.
  • Somatix, Inc. – Artificial intelligence-powered remote patient monitoring wearable technology.
  • TRIPP, Inc. – XR wellness platform pioneering innovative health and wellness technologies that deepen connection to self through fully immersive alternate realities.
  • XRHealth Virtual Clinic – Integrates VR/AR, licensed clinicians and real-time data analytics
  • Zeit Medical – AI-powered sensing technology for immediate stroke detection at home.

The Metaverse

  • Bigthinx – AI technology focused on fashion retail, wellness and the metaverse with products for body scanning, digital avatars and virtual fashion.
  • BrandXR – No-code AR platform and award-winning XR creative studio.
  • ByondXR – Provides retail 3D virtual experiences that are fast, scalable and in line with the latest metaverse technologies.
  • echo3D – Cloud platform for 3D/AR/VR that provides tools and network infrastructure to help quickly build and deploy 3D/metaverse apps, games and content.
  • EKTO VR – Transforms workforce training by simulating the world’s most complex and hazardous environments with wearable technology.
  • HEXA – Unique immersive OS with 3D tech stack to create, manage, display and analyze 3D projects.
  • I3M – Provides “experience-as-a-service” for brands to rapidly create and deploy hyper-realistic interactive and immersive metaverse experiences that exponentially increase user engagement and revenue.
  • iQ3Connect – Provides a no-code platform to enable enterprises to create, deliver and consume complex 3D enterprise applications in the metaverse in a web browser on any AR, VR or 2D device.
  • Kabuni – Metaverse education platform focused on providing the safest place in the metaverse for kids to explore, learn and grow, both within a classroom environment and at home.
  • NeuroTrainer, Inc. – Virtual reality brain training company that helps reclaim focus in an increasingly distracted world.
  • Snickerdoodle Labs – Uses blockchain to build agnostic data-sharing layer that enables individuals to control and even monetize their personal data through a tokenized data architecture.
  • swIDch – Provides secure, next-generation authentication for every digital identity environment, even off-the-network.
  • Xplorit Virtual Travel – Real-world metaverse platform that offers experiential virtual travel and immersive storytelling experiences.
  • YBVR – Virtual reality technology that brings live event emotions closer to fans through personalized, immersive and interactive experiences.

Energizing Mobility

  • BeChained Artificial Intelligence Technologies SL – Smart energy platform for reducing production energy cost and decarbonizing the energy system.
  • Driivz – Global provider of EV charging and energy management software platform.
  • DUCKT – Universal charging infrastructure solution dedicated to micromobility vehicles: bikes, e-bikes and scooters.
  • Eatron Technologies – Intelligent production-ready software solution for the automotive industry and mobility.
  • EVE (Electric Vehicle Ecosystem) – E-mobility analytics solution for assessing, tracking and improving corporate fleet electrification strategies.
  • Faction – Unique approach to driverless technology and light electric vehicles that will dramatically impact how goods and people are moved.
  • I-EMS Group, Ltd. – AI, blockchain and optimization-based software solutions provider for smart cities, smart homes and e-mobility
  • MET3R – Unique smart charging and energy storage services to bridge the gap between electric mobility and the smart grid to support the decarbonization of the energy sector.
  • SparkCharge – Affordable and convenient way for all-electric vehicle owners to charge their EVs at home or on the go.

Smart Lifestyle

  • AirSpeQ – Provides sensors for fine and ultrafine airborne particulate matter (PM) detection and monitoring.
  • allt – Brings together the world of entertainment and engagement by connecting apps on phones and devices in the home to movies, shows and music.
  • Chefling – State-of-the-art smart kitchen solution for planning, shopping and cooking for smart appliances and connected health applications.
  • Everykey – Universal smart key that unlocks phones, laptops, tablets, websites and other devices and applications based on proximity.
  • Fast Sense H2 – Nano-sized quantitative, mixed-gas sensor and analyzer for industrial, environmental and security applications.
  • Food Haven – Online platform dedicated to reducing food waste by partnering with local food businesses to sell surplus food at discounted prices.
  • Roving Blue – Develops products featuring Power of EO3®, a new way to dissolve ozone into the water, to kill unwanted microorganisms in water, foods and surfaces.
  • Tanvas, Inc. – Haptics innovation company pioneering multi-touch surface haptic technologies for automotive, industrial and consumer electronics.

Innovation for Impact

  • A.kin AI – Virtual assistant technology to support daily living activities for people living with disability and neurodiversity.
  • Alteria Automation Smart Sensor – Advanced IoT technology that monitors air quality providing traceability on the cloud and automated actions to building management systems.
  • Digbi Health – Gut microbiome, genetic-based virtual care platform to equitably treat polychronic mental and physical illnesses.
  • Jara – Ensures K-12 students and teachers in low-connectivity/low-electricity communities globally can access distance learning anytime, anywhere, through the Jara Unit, an award-winning off-grid charging education solution.
  • Hygge Power – Ensures everyone is comfortably powered with clean, reliable energy through proprietary software that accelerates electricity decarbonization and empowers renters, homeowners and businesses.
  • Sanctuary – Creates technology applications for Activated Experiential Environments.
  • Sovrinti – Provides machine learning-driven activity change detection for healthy aging and person-centered care in the comfort and privacy of home.

More TechCrunch

Tags

A dust-up between Evolve Bank & Trust, Mercury and Synapse has led TabaPay to abandon its acquisition plans of troubled banking-as-a-service startup Synapse.

Infighting among fintech players has caused TabaPay to ‘pull out’ from buying bankrupt Synapse

The problem is not the media, but the message.

Apple’s ‘Crush’ ad is disgusting

The Twitter for Android client was “a demo app that Google had created and gave to us,” says Particle co-founder and ex-Twitter employee Sara Beykpour.

Google built some of the first social apps for Android, including Twitter and others

WhatsApp is updating its mobile apps for a fresh and more streamlined look, while also introducing a new “darker dark mode,” the company announced on Thursday. The messaging app says…

WhatsApp’s latest update streamlines navigation and adds a ‘darker dark mode’

Plinky lets you solve the problem of saving and organizing links from anywhere with a focus on simplicity and customization.

Plinky is an app for you to collect and organize links easily

The keynote kicks off at 10 a.m. PT on Tuesday and will offer glimpses into the latest versions of Android, Wear OS and Android TV.

Google I/O 2024: How to watch

For cancer patients, medicines administered in clinical trials can help save or extend lives. But despite thousands of trials in the United States each year, only 3% to 5% of…

Triomics raises $15M Series A to automate cancer clinical trials matching

Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Tap, tap.…

Tesla drives Luminar lidar sales and Motional pauses robotaxi plans

The newly announced “Public Content Policy” will now join Reddit’s existing privacy policy and content policy to guide how Reddit’s data is being accessed and used by commercial entities and…

Reddit locks down its public data in new content policy, says use now requires a contract

Eva Ho plans to step away from her position as general partner at Fika Ventures, the Los Angeles-based seed firm she co-founded in 2016. Fika told LPs of Ho’s intention…

Fika Ventures co-founder Eva Ho will step back from the firm after its current fund is deployed

In a post on Werner Vogels’ personal blog, he details Distill, an open-source app he built to transcribe and summarize conference calls.

Amazon’s CTO built a meeting-summarizing app for some reason

Paris-based Mistral AI, a startup working on open source large language models — the building block for generative AI services — has been raising money at a $6 billion valuation,…

Sources: Mistral AI raising at a $6B valuation, SoftBank ‘not in’ but DST is

You can expect plenty of AI, but probably not a lot of hardware.

Google I/O 2024: What to expect

Dating apps and other social friend-finders are being put on notice: Dating app giant Bumble is looking to make more acquisitions.

Bumble says it’s looking to M&A to drive growth

When Class founder Michael Chasen was in college, he and a buddy came up with the idea for Blackboard, an online classroom organizational tool. His original company was acquired for…

Blackboard founder transforms Zoom add-on designed for teachers into business tool

Groww, an Indian investment app, has become one of the first startups from the country to shift its domicile back home.

Groww joins the first wave of Indian startups moving domiciles back home from US

Technology giant Dell notified customers on Thursday that it experienced a data breach involving customers’ names and physical addresses. In an email seen by TechCrunch and shared by several people…

Dell discloses data breach of customers’ physical addresses

Featured Article

Fairgen ‘boosts’ survey results using synthetic data and AI-generated responses

The Israeli startup has raised $5.5M for its platform that uses “statistical AI” to generate synthetic data that it says is as good as the real thing.

7 hours ago
Fairgen ‘boosts’ survey results using synthetic data and AI-generated responses

Hydrow, the at-home rowing machine maker, announced Thursday that it has acquired a majority stake in Speede Fitness, the company behind the AI-enabled strength training machine. The rowing startup also…

Rowing startup Hydrow acquires a majority stake in Speede Fitness as their CEO steps down

Call centers are embracing automation. There’s debate as to whether that’s a good thing, but it’s happening — and quite possibly accelerating. According to research firm TechSci Research, the global…

Retell AI lets companies build ‘voice agents’ to answer phone calls

TikTok is starting to automatically label AI-generated content that was made on other platforms, the company announced on Thursday. With this change, if a creator posts content on TikTok that…

TikTok will automatically label AI-generated content created on platforms like DALL·E 3

India’s mobile payments regulator is likely to extend the deadline for imposing market share caps on the popular UPI (unified payments interface) payments rail by one to two years, sources…

India likely to delay UPI market caps in win for PhonePe-Google Pay duopoly

Line Man Wongnai, an on-demand food delivery service in Thailand, is considering an initial public offering on a Thai exchange or the U.S. in 2025.

Thai food delivery app Line Man Wongnai weighs IPO in Thailand, US in 2025

Ever wonder why conversational AI like ChatGPT says “Sorry, I can’t do that” or some other polite refusal? OpenAI is offering a limited look at the reasoning behind its own…

OpenAI offers a peek behind the curtain of its AI’s secret instructions

The federal government agency responsible for granting patents and trademarks is alerting thousands of filers whose private addresses were exposed following a second data spill in as many years. The…

US Patent and Trademark Office confirms another leak of filers’ address data

As part of an investigation into people involved in the pro-independence movement in Catalonia, the Spanish police obtained information from the encrypted services Wire and Proton, which helped the authorities…

Encrypted services Apple, Proton and Wire helped Spanish police identify activist

Match Group, the company that owns several dating apps, including Tinder and Hinge, released its first-quarter earnings report on Tuesday, which shows that Tinder’s paying user base has decreased for…

Match looks to Hinge as Tinder fails

Private social networking is making a comeback. Gratitude Plus, a startup that aims to shift social media in a more positive direction, is expanding its wellness-focused, personal reflections journal to…

Gratitude Plus makes social networking positive, private and personal

With venture totals slipping year-over-year in key markets like the United States, and concern that venture firms themselves are struggling to raise more capital, founders might be worried. After all,…

Can AI help founders fundraise more quickly and easily?

Google has found a way to bring a variation of its clever “Circle to Search” gesture to iPhone users. The new interaction, launched in January, allows Android users to search…

Google brings a variation on ‘Circle to Search’ to iPhone users