LG’s San Francisco-based North American Innovation Center wrapped up its two-day Fall Innovation Festival, where it announced nine most-promising startups in the three sectors, with entrepreneurs, investors and influencers in attendance.
LG said it plans to invest a maximum of US$20 million in total to realise the ideas of the nine winners and grow their businesses.
Among the winners, XRHealth provides a remote medical service in virtual treatment rooms based on immersive virtual and augmented reality. Mindset Medical offers a platform where a patient uses a camera to send health and biological information and readings to doctors for more accurate medical diagnosis and effective treatment.
Driivz runs a software that enables major electric vehicle (EV) providers to offer an end-to-end EV charging and smart energy management platform.
LG said iQ3 Connect is a 3D workspace solutions provider that allows users to work in a cost-effective manner and collaborate and train together with others without restraints on venues.
The South Korean tech company launched the innovation center in August last year to create a collaborative ecosystem to accelerate the growth of new ideas and scale them up to the next stage of development based on the belief that “innovations happen through collaboration.”
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