outstanding prospective startups dreaming

A large number of outstanding prospective startups dreaming of future artificial intelligence unicorn companies have been selected in Gwangju.

Gwangju Metropolitan City, the Ministry of Science and ICT, and the Artificial Intelligence Industry Convergence Project Group held an award ceremony for “Artificial Intelligence Startup Competition” on the 4th floor of Ramada Plaza Hotel on the 30th.

The competition selected 25 teams through the preliminary round on May 11, 14 teams through the finals from the 14th, and the final 10 teams by evaluating the technology and marketability of the business items on the day.

The grand prize was won by Meta Theraputics, a preliminary start-up team that introduced the development of artificial intelligence-based digital treatments for treating sleep disorders.

The best prize was won by the ‘Cha Whale’. It was well received as an artificial intelligence (AI)-based used car performance rating diagnosis service for buyers of used car direct trading markets.

The 10 finally selected teams will be awarded the Minister of Science and ICT Award and the Mayor of Gwangju City, and a total of 500 million won (25 million won to 100 million won) in artificial intelligence prototypes and services will be provided with follow-up support.

It will also provide benefits such as securing artificial intelligence product and service quality and deregulation consulting, marketing support programs, and support for moving into start-up camps.

In last year’s competition, “Park Wave” won the grand prize for a parking space management solution using CCTV image analysis technology.

After starting a business and applying for a patent, 11 people are currently employed through active business cooperation such as Seoul National University, AJ Park, NPD Korea, and Gwangsan-gu Office.

Second Chance, which won the grand prize, achieved sales of about 100 million won last year and attracted more than 2 billion won in investment through 3D visualization service technology for residential real estate prices using artificial intelligence.

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