LG Nova Announces First 50 Companies for Mission for the Future Program

LG Nova, LG's innovation center, has announced the first 50 companies selected for its 'Mission for the Future' global challenge competition. This initiative aims to foster collaboration and drive innovation in key sectors that will shape the future, including the metaverse, connected healthcare, smart homes, electric vehicles (EVs), and 'tech for good'.
From an initial pool of 1,300 applicants, LG Nova has chosen a diverse cohort of startups that represent transformative ideas and potential solutions to pressing societal challenges. The program is designed as a counterpoint to traditional profit-focused corporate venture capital, instead emphasizing the ability to collaborate across the LG conglomerate and build meaningful opportunities with these emerging companies.
Dr. Sokwoo Rhee, head of LG Nova and senior vice president for innovation at LG Electronics, expressed enthusiasm for the selected companies. He stated, "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." He further added that LG Nova's work with these companies will be guided by LG's role as a leading global innovator, helping them accelerate growth and deliver positive impact.
The selected companies span various categories, showcasing advancements in:
Connected Health
- AcceXible: Speech analysis for early detection of mental conditions.
- Attune Neurosciences: Non-invasive neurostimulation for health and performance.
- CurieAi, Inc.: Virtual respiratory care provider.
- LifeNome: Genomics and AI-powered precision health platform.
- MayaMD: Conversational digital human-AI health assistant.
- medZERO: BNPL platform for healthcare expenses.
- Mindset Medical: Virtual technologies for patient care.
- NousLogic Telehealth: Home solutions for wellness and acute care.
- PyrAmes: Non-invasive blood pressure monitoring.
- Selfit: Digital robotic care for the aging population.
- Somatix, Inc.: AI-powered remote patient monitoring wearables.
- TRIPP, Inc.: XR wellness platform for immersive experiences.
- XRHealth Virtual Clinic: Integrates VR/AR with clinicians and data analytics.
- Zeit Medical: AI-powered stroke detection technology.
The Metaverse
- Bigthinx: AI for fashion retail, wellness, and the metaverse (body scanning, avatars).
- BrandXR: No-code AR platform and XR creative studio.
- ByondXR: Retail 3D virtual experiences.
- echo3D: Cloud platform for 3D/AR/VR content deployment.
- EKTO VR: Wearable technology for simulating complex environments for workforce training.
- HEXA: Immersive OS and 3D tech stack.
- I3M: 'Experience-as-a-service' for metaverse experiences.
- iQ3Connect: No-code platform for enterprise 3D applications in the metaverse.
- Kabuni: Metaverse education platform for children.
- NeuroTrainer, Inc.: VR brain training for focus.
- Snickerdoodle Labs: Blockchain for personal data control and monetization.
- swIDch: Secure authentication for digital identities.
- Xplorit Virtual Travel: Experiential virtual travel platform.
- YBVR: VR technology for immersive live event experiences.
Energizing Mobility
- BeChained Artificial Intelligence Technologies SL: Smart energy platform for production cost reduction.
- Driivz: EV charging and energy management software.
- DUCKT: Universal charging infrastructure for micromobility.
- Eatron Technologies: Automotive software solutions.
- EVE (Electric Vehicle Ecosystem): E-mobility analytics for fleet electrification.
- Faction: Driverless technology and light electric vehicles.
- I-EMS Group, Ltd.: AI, blockchain solutions for smart cities and e-mobility.
- MET3R: Smart charging and energy storage services.
- SparkCharge: EV charging solutions.
Smart Lifestyle
- AirSpeQ: Air quality monitoring sensors.
- allt: Connecting apps and devices for entertainment.
- Chefling: Smart kitchen solution for planning, shopping, and cooking.
- Everykey: Universal smart key for device and application access.
- Fast Sense H2: Gas sensor and analyzer.
- Food Haven: Platform to reduce food waste.
- Roving Blue: Ozone technology for water and surface purification.
- Tanvas, Inc.: Haptics innovation for automotive and consumer electronics.
Innovation for Impact
- A.kin AI: Virtual assistant for people with disabilities.
- Alteria Automation Smart Sensor: IoT for air quality monitoring.
- Digbi Health: Microbiome and genetic-based virtual care.
- Jara: Off-grid learning solutions for low-connectivity areas.
- Hygge Power: Software to accelerate electricity decarbonization.
- Sanctuary: Technology applications for Activated Experiential Environments.
- Sovrinti: Machine learning for activity change detection in home care.
The article also includes promotional content for TechCrunch events, such as 'TechCrunch All Stage', offering discounts for founders and VCs.
Image: The article features an image titled 'Companies-in-g-nova.jpeg', credited to LG Nova.
Original article available at: https://techcrunch.com/2022/02/18/lg-nova-first-50/