Samsung supports 1,000 startups, helping attract $1.6 bil. in investment
Samsung Electronics said Tuesday it has supported 1,000 startups, helping attract a cumulative 2.2 trillion won ($1.6 billion) in investment. Notably, the Korean tech giant selects promising entrepreneurs and startups for its C-Lab initiative, choosing 30 companies this year, the company said. Of the selected startups, 15 are currently conducting technology verification projects with Samsung…
Samsung Electronics announced on Tuesday that it has supported 1,000 startups, contributing to a total investment of $1.6 billion. The company's C-Lab initiative was responsible for selecting 30 startups this year, with 15 companies currently engaging in technology verification projects with Samsung. Twelve of these startups are located outside the Seoul metropolitan area.
Since 2023, Samsung has established regional C-Lab hubs in Daegu and Gwangju to support regional economic growth. At an event held at its R&D center in southern Seoul, representatives from six startups shared their success stories and examples of business collaborations. One of these startups, Config Intelligence, is a two-year-old company that is developing data technologies to train and deploy artificial intelligence systems for robots.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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