"Samsung Electronics supports growth"... Applications open for the 9th cohort of 'C

Samsung Electronics provides startups with opportunities to strengthen their technology and business capabilities and expand into global markets.

Samsung Electronics announced on the 15th that it is openly recruiting the 9th cohort of 'C-Lab Outside' to identify startups with strong growth potential and differentiated capabilities.

Applications will be accepted from today through the 26th, and 30 companies will be selected across eight fields: artificial intelligence (AI), digital health, content and services, robotics, materials and components, the Internet of Things (IoT), mobility, and ESG (environmental, social, and governance).

The recruitment for the 9th cohort of C-Lab Outside will be held simultaneously in four regions: Seoul, Daegu, North Gyeongsang Province, and Gwangju Metropolitan City. Domestic startups registered as corporations and at Series B or earlier in funding are eligible to apply.

Companies that wish to participate can apply through the Samsung C-Lab website. After the review process, the final selected companies are scheduled to be announced in November.

C-Lab Outside is a flagship open innovation program that helps domestic startups broaden their contact points with Samsung Electronics and explore new business collaboration opportunities.

Among the selected startups, Samsung Electronics supports business meetings with relevant divisions and technology validation when there is potential for business linkage, while seeking specific collaboration plans.

For example, Config Intelligence, selected for the 8th cohort of Samsung C-Lab Outside, is a company specializing in building and synthesizing physical AI data needed to develop robot foundation models. It is working with Samsung Electronics to secure data used in physical AI development.

Another 8th cohort startup, EXARION, is a deep-tech company developing immersive 3D audio and artificial intelligence (AI) video-processing semiconductor IP. It is currently discussing business cooperation and technology validation with Samsung Electronics. Based on its proprietary technology, EXARION is preparing to enter global markets while pursuing a Nasdaq listing.

Through C-Lab, Samsung Electronics has nurtured a total of 1,000 in-house ventures and startups, including 434 internal startups and 566 external startups, since 2012.

This article has been translated by GripLabs Mingo AI.