THE NUMBER OF KAIST-BORN STARTUPS INVESTED BY TIPS ACCELERATOR(2018-2)

We created a map that describes KAIST-born TIPS Startups’ investment activities. This map was created based on KAIST-BORN TIPS STARTUP MAP이 V.1.4. Newly added TIPS businesses can now be viewed. In first place is Blue Point Partners, Future Play as second place, and both are KAIST-born VCs. Please use this map as a reference for investment information.

KAIST-BORN TIPS STARTUP MAP v 1.4.1

KAIST-BORN TIPS STARTUP MAP is now updated to version 1.4.1. This map was created based on new KAIST-born startups entering TIPS during June~November 2018. This is an updated version from KAIST-BORN TIPS STARTUP MAP v 1.4. Please refer to the map above.

Category Map of KAIST-BORN TIPS STARTUP(based on KAIST-Born TIPS Startup Map v 1.4)

Category Map of KAIST-BORN TIPS STARTUP is now updated! The updated Category Map was created based on KAIST-BORN TIPS Startup map v 1.4., with 26 new KAIST-born startups entering TIPS during June~November 2018.

KAIST-BORN TIPS STARTUP MAP v 1.4

KAIST-BORN TIPS STARTUP MAP is not updated to V.1.4.

It reflects KAIST-born startups entering TIPS during June ~ November 2018.

The following is further information about the new startups added to the KAIST-BORN TIPS STARTUP MAP.


1. 네메시스

네메시스 주식회사는 IoT 를 위한 스마트 센서 신호처리 SoC를 공급하는 반도체 설계회사입니다. 기존의 센서 신호처리의 경우 전력,재고, 보정 등의 이슈가 있으나 네메시스는 독창적인 기술(wide dynamix range, multi sensing, time based circuit)로 이러한 문제를 해결하여 저전력, 저가격, 고성능을 구현하였습니다. 주 응용분야는 바이오 메디컬 기기, 가전기기 및 센서를 사용하는 모든 기기들입니다.


2. 더클로젯컴퍼니

(주)더클로젯컴퍼니가 운영하는 서비스 클로젯셰어는 국내최초로 개인간의 옷장을 공유하는 서비스로, 누구나 안입는 옷을 다른 사람과 공유해서 수익을 내거나, 필요한 옷은 마음껏 경험할 수 있는 패션셰어링플랫폼입니다. 데이터기반 스마트 공유 시스템을 통해 고객에게 적정가격책정, 컨시어지 서비스 등을 제공하고, 나아가 렌탈예측, 개인맞춤 큐레이션까지 준비 중인 패션 테크 기업입니다.


3. 디시젠

(주)디시젠은 조기 유방암 환자의 수술후 화학적 항암치료의 필요여부를 차세대 염기서열 분석 (NGS) 기반으로 예측하여 환자에게 제공하는 바이오 벤처입니다. 본 예후예측검사는 한국인 유전체를 바탕으로 만들어진 기계학습 알고리즘으로써 서양인과 달리 50세 이하 폐경전 여성환자가 많은 아시아 환자군에서도 높은 정확도를 보입니다. 이를통해 불필요한 화학적 항암치료로 고통받는 많은 환자들이 치료를 결정하는데 도움이 되고자 합니다.


4. 딥핑소스

딥핑소스는 AI 학습용 데이터의 익명화 기술을 개발 및 공급하는 기술 회사입니다. AI를 이용하여 영상 데이터를 사람 눈으로는 알아볼 수 없지만 AI 알고리즘은 알아볼 수 있는, 즉 AI에게는 원본과 동일한 수준으로 다루어질 수 있도록 비가역 변환함으로써 개인 정보 및 민감한 정보를 안전하게 보호합니다. 또한 영상 외에도 오디오 등의 다양한 데이터 종류로 확장 예정입니다. 딥핑소스의 데이터 익명화 기술은 AI 시장에서의 안전한 데이터 수집 및 거래를 활용할 수 있습니다.


5. 만다린 로보틱스

만다린로보틱스는 높은 노동강도, 근로시간 등으로 인해 외식업 종사자들의 삶의 질이 하락과 맛의 균일성 하락의 문제를 극복하고자 스마트 키친 솔루션을 지원합니다. 요리사의 동작을 그대로 구연한 Auto Wok을 개발하여 삶의 질 향상, 맛의 균일성 유지를 지원하고, Auto Dispenser를 통해 맛의 균일성 유지, 다양해지는 소비자의 기호에 맞추는 개별화, 신메뉴의 빠른 도입을 통해 경쟁력 향상을 위한 솔루션을 제공하고자 합니다.


6. 모션투에이아이코리아

센서 융합 측위 임베디드 소프트웨어를 연구 개발. 카메라, 관성 센서, LIDAR 센서의 데이터를 이용, 상호간의 보정을 통한 소프트웨어 측위. 측위를 통해 얻은 위치 정보는 자율주행 자동차 및 드론의 운행에 활용 가능. 기존 측위 기술의 날씨나 3D 환경에 따른 성능적 한계와 가격적 한계 극복하려 함.


7. 뮨

MUNE은 의료 인력등 중 특히 간호사가 안전하게 일할 수 있는 병원을 만듭니다. 위험한 것을 앎에도 기존에 사용해왔다는 이유로 지속되고 있는 불편함을 독창적인 제품으로 해결합니다. 하루 몇 백개씩 사용하는 주사기로 비일비재하게 발생하는 주사침 상해를 막는 안전한 주사기 자동 처리기기가 첫 제품입니다.


8. 부루구루

부루구루는 정제수, 유기농 차 잎, 유기농 설탕으로 만든 액상 차에 종균으로 발효시키는 ‘콤부차’ 라는 건강탄산음료 제조 회사입니다. 균일한 품질의 콤부 차를 양조할 수 있는 데이터베이스 및 시스템을 개발함으로써 시장 내 경쟁 우위를 점하여 글로벌 기반의 콤부차 제조사로의 성장을 목표로 합니다.


9. 블록 오디세이

블록오디세이는 Enterprise Blockchain Enabler를 꿈꾸는 블록체인 기반 스타트업입니다. 탈중앙화, Smart Contract와 같은 블록체인 기술의 가치를 기반으로 다양한 기업들의 문제를 해결하고자 하는 회사입니다. QR코드에 거래 성립 및 정품인증을 위한 전자서명을 담아 프라이빗 블록체인 네트워크에 기록함으로써 유통과정에서 내부자나 외부 개입에 의한 위변조 및 복제를 방지하는 ‘정품인증솔루션’을 제공합니다.


  1. 스페이스 워크

스페이스워크는 인공지능과 빅데이터를 통하여 한정된 자원인 토지의 가치를 극대화하기 위한 개발 방법을 찾는 부동산 가치평가 엔진을 통하여 매수인과 중개인을 연결하는 토지거래 플랫폼인 랜드북 서비스(www.landbook.net)를 만드는 회사입니다. 인공지능으로 건축설계를 제공하고, 부동산 개발 수익률 계산기, 토지예상가격, 신축개발 인근사례, 개발후 전체 매각 사례 등 정보를 제공함으로써 사업성검토를 도와줍니다.


  1. 에스투더블유랩

에스투더블유랩은 최근 심각한 사이버 범죄의 온상이 되고 있는 다크웹 및 관련된 암호화폐 거래 등 수집 가능한 모든 데이터들을 종합 분석하고 추론하는 툴을 공급하는 특수 보안 S/W 회사입니다. 사이버 공간에서 이루어지는 복잡하고 은밀하고 국제적인 네트워크와 그 뒤에 숨은 탐욕과 범죄자들, 그 탐욕의 네트워크를 들여다보는 도구를 제공합니다. 기술로 세상을 정화하는 기업, Safe & Secure World를 지향하는 S2W LAB 입니다.


12. 엘엠프렌즈

엘엠프렌즈는 이커머스 시장에서 고객들과 업체간의 빠른 커뮤니케이션을 진행하기 위한 솔루션 뿐만 아니라 쇼핑몰들의 운영을 도와주기 위한 다양한 어시스턴트 기능을 가진 솔루션 플랫폼을 개발 판매하는 회사입니다. KAIST의 연구진과 ETRI의 기술 지원을 통한 인공지능으로 큐레이팅 서비스를 제공하고 딥러닝을 통한 다양한 어시스턴트 기능을 통하여 쇼핑몰 시장에서의 인공지능을 활성화하고 10년간 정체된 쇼핑몰 운영에 새로운 활력소를 불어 넣을 수 있게 지원하려고 합니다.


13. 온코크로스

온코크로스는 현재 판매되고 있는 약제나, 임상 시험 중인 약제, 임상 시험에 실패한 약제 중 적응증 선정의 문제로 실패한 약제의 새로운 적응증을 발굴해 주는 신약 발굴 플랫폼 회사입니다. 고유한 자체 플랫폼을 이용하여 난치성 질환이나, 희귀 질환에 대한 새로운 신약 후보물질들을 발굴하여, 국내외 연구소 및 국내외 제약회사 등과 협업을 통하여 제약회사들의 새로운 수익원을 창출 및 난치성 질환을 정복하여 인류의 건강에 이바지 하려 합니다.


14. 올거나이즈코리아

현재 기업들이 사용하는 SasS/SW의 IR방식은 키워드만 매치되고 수작 업으로 학습해야하며 도메인 별로 증가되는 데이터에 대해서 전체 재학습 을 해야 하는 문제가 있고, 이를 해결하기 위해서 자동화된 기업 빅데이터 Semantic IR 모델 학습 시스템을 구축하고 합니다. 일본, 한국, 미국에서 SaaS 서비스와 On-premise 제품을 판매하고 고객사의 비즈니스에 NLP AI기술을 적용하여 로열티 매출을 창출하고자 합니다.


15. 와이즈 패션

㈜와이즈패션은 동대문 패션 시장의 상품 사입 업무를 손쉽게 할 수 있는 소프트웨어 서비스를 무료로 지원하며 익명화된 유통 data를 수집하고 인터넷 등의 정보와 결합하여 패션 빅데이터를 축적하고 있습니다. 축적된 빅데이터를 분석하여 패션 트렌드를 일간 또는 주간 단위로 추출하여 패션 소매업체의 컨셉에 맞는 트렌드 정보와 패션 상품을 추천하는 사업을 합니다. 이를 위해, 최고의 SW 개발자와 패션 전문가가 협업하고 있으며, 현재 인공지능 기술을 이용하여 패션 트렌드를 분석합니다.


16. 와이파워원

와이파워원은 전기버스 무선충전을 위한 85kHz 대용량 무선급집전솔루션을 제공하여 무선충전시스템의 설계 및 제작, 현장설치, 충전서비스를 제공하는 회사입니다.  전기버스 유선충전의 불편함과 위험성을 해소하고 전기버스 운영 효율 감소 문제를 해결하며 기존 유선 전기버스의 배터리 수명을 연장하기 위하여 도로 아래 급전선로를 설치하고 전기버스에는 집전장치를 장착하여 자기공진방식으로 대용량의 에너지를 무선으로 전달하는 시스템을 개발하고자 합니다.


17. 이서

이서는 실외 미세먼지 저감 솔루션을 개발하는 회사입니다. 실외 및 개방된 대면적 실내 공간에서 공기 순환 없이 미세먼지만 이동시키는 방식으로, 적은 에너지로 공간 내에 이미 존재하는 미세먼지를 저감하는 것을 목표로 하고 있습니다. 온 하늘에서 미세먼지를 모두 없앨 수는 없지만, 건물 근처나 운동장 등 생활 공간에서만이라도 미세먼지 걱정없이 활동할 수 있는 세상을 만들고자 합니다.


18. 이엠코어텍

이엠코어텍㈜는 각종 가전제품 및 전기자동차 등의 전자 제품에서 발생하는 유해 전자파를 능동 회로를 통해 제거하는 능동 EMI 필터 기술 개발 회사입니다. 고전압/고전력 상황에서 기존 수동 EMI 필터의 가격과 크기의 한계를 극복할 수 있도록 능동 EMI 필터를 개발하고 기존 수동 EMI 필터를 대체하고자 합니다. 이를 통해, 전자제품의 소형화 및 기술 고도화에 맞춰 EMI 필터 방식의 신기술울 세계적으로 선도하고자 합니다.


19. 이지엔도서지컬

신장결석 제거술은 서구식 식습관 및 고령화 사회에 진입함에 따라 지속적으로 증가하는 추세이다. 신장결석 제거술은 증상에 따라 여러 방법으로 수행되지만, 내시경을 이용하여 직접 결석을 제거하는 방법이 트렌드가 되고 있다. 하지만 내시경술은 높은 조작 난이도와 복잡한 수술환경으로 인하여 수술시간 및 수술 후 결과가 전문의의 숙련도에 크게 영향을 받게 됩니다. EasyUretero는 기존의 내시경 신장결석제거술을 로봇화하여 빠르고, 정확하게 결석을 제거합니다.


20. 케이바이오랩

케이바이오랩은 30년 이상의 생명공학 연구 경험을 바탕으로 설립된 연구소 기업입니다. 새로운 개념의 혁신적인 생물공학 소재를 발굴하고 이를 이용하여 제품을 개발하고 있습니다. 1. 유해한 피부균의 생장을 억제하고, 유익한 피부균의 생장을 활성화 시키는 새로운 개념의 스킨 프리바이오틱스에 기초한 피부 관리 소재, 2. 곰팡이와 세균의 생장을 동시에 억제하는 반려동물용 다중 효용 소재, 3. 세균의 핵심 병원성 인자를 선택적으로 무력화하여 감염력을 억제할 수 있습니다.


21. 쿼드마이너

쿼드마이너는 고객들의 자산이 예측 가능한 범위 안에서 안전하게 관리 및 운영되고 있는지 확인할 수 있는 제품을 만들고 있습니다. 2017년부터 판매를 시작한 네트워크 블랙박스(Network Blackbox)는 네트워크 포렌식 시장에서 빠르게 성장하고 있는 제품으로서 국내 12개 고객사가 네트워크 블랙박스를 통해 고객들의 자산을 관리하고 있습니다.


22. 타임코드아카이브

빅데이터 및 자연어처리, 머신러닝 기반 자동화 시스템을 통해 스토리텔링에 특화된 메타데이터 제작 플랫폼을 제작하며, 그로부터 생성되는 정보 및 데이터를 기계 처리에 최적화된 형태로 제공하는 인공지능용 지식 엔진 기술을 구축합니다.


23. 티이이웨어

티이이웨어는 KAIST 정보보호대학원에서 연구하던 TEE 기술을 적용해 보안 솔루션을 개발하는 회사입니다. TEE(Trusted Execution Environment, 신뢰실행환경)은 하드웨어와 소프트웨어의 장점만을 결합한 첨단 보안 기술로서, 별도의 하드웨어가 아니면서도 분리된 하드웨어 수준의 보안성을 제공합니다. TEE로 안전한 실행 환경을 만들어 해킹으로부터 중요 데이터를 보호함으로써 블록체인을 비롯한 중요 플랫폼의 신뢰 가능한 IT환경을 만듭니다.


24. 페리지항공우주

초소형 위성은 대형 위성에 비해 제조비용이 매우 저렴하고 제작시간이 짧기 때문에 단일 대형 위성 프로젝트에 비해 진입 장벽이 낮습니다. 세계적으로 지구관측과 통신을 주 임무로 한 50kg 미만의 초소형 위성이 널리 활용되고 있는 추세입니다. 페리지는 이러한 수요에 대응하는 초소형 위성발사체 Blue Whale을 개발 중입니다. Blue Whale은 공중량 101kg, 길이 7m에 불과한 세상에서 가장 작은 발사체입니다.


25. 한국축산데이터

한국축산데이터는 IT&BT융합 기술기반의 맞춤형 축산헬스케어 솔루션을 농가에 제공하고, 축산업전반의 데이터를 수집하고 연결하여 1차 산업에 혁신을 일으키자 라는 비전으로 설립된 기업입니다. 특히, 양돈분야에서 돼지 바이오데이터, 헬스데이터, 농장 로그 데이터 등 종합적인 데이터 분석기반으로 농장별로 건강상태를 측정하고, 생산성을 극대화할 수 있는 맞춤형 솔루션인 “팜스플랜”을 제공하고 있습니다.


26. 헤이비트

헤이비트는 자산운용을 하면서 고도화 된 거래소간의 API(application programming interface)를 다루는 기술을 이용하여, 블록체인 자산을 추적하여 과세하는 서비스를 준비하고 있으며, 향후 블록체인자산에 대한 법이 정비가 되어 과세가 시작이 되면 가장 빠르게 이 시장에 접근을 할 수 있습니다. 동사를 통하여 음지에 머물러 있는 암호화폐 거래소의 양지화가 가능하고, 미국의 예처럼 국세청을 지원하는 일이 가능하게 될 것입니다.

KAIST-BORN TIPS STARTUP MAP v.1.3.1

KAIST-BORN TIPS STARTUP MAP v.1.3.1. Corporations that were missing in the previous version (v.1.3) are now added.

Newly added corporations are labeled with a rectangular box.

KAIST-BORN TIPS STARTUP MAP v.1.2

 
The updated version of KAIST-BORN TIPS STARTUP MAP v.1.2 and 2 new maps have been made.

To begin with, Category Map of KAIST-BORN TIPS STARTUP(2017.2H~2018.1H) has been created. It is a map that contains information about categories based on selected businesses from 2017 Fall and 2018 Spring TIPS.

It is a map that shows information regarding companies that invested in KAIST-BORN TIPS STARTUP and the category map. It will be helpful for those who are need of information regarding each investor.

KAIST-BORN TIPS STARTUP MAP v.1.2 have been updated.

More businesses have been added to TIPS. Please refer to the map and attachment below for more details!

The following is a short description about each company that have been added to the KAIST-BORN TIPS STARTUP MAP during 2018 Spring.


① Point2Technology

The data center specialized 1W 200-giga chip set that Point2Technology plans to develop is a semiconductor chip set which enables the signal exchange between IEEE, which currently leads the Ethernet transmission related technology, and PAM-4, which OIF is currently trying to standardize. This chip set especially is effectively more efficient compared to other chip sets made by other companies using mixed-mode type technology or that were constructed using ADC based chip set structure. Considering the amount of cost in developing this technology, Point2Technology decided to apply for TIPS.


② bHaptics

bHaptics provides interactive devices that gives VR/AR content users a more vivid experience through haptic feedback and proposes a software solution for these kind of content. It provides a variety of automated SW solutions and plans to effectively take the VR/AR haptic market that currently is going through its initial development stage.


③ OneKey

OneKey is a company that develops smart key systems for smart phone devices. It solved the security issues, such as RSA hacking, involved with operating the entry system by applying sound waves. It works hard to provide a safe, convenient and unified entry system and some kind of value that can connect its users with one another.


④Shema

Around the world, more than 80,000,000 people die each year due to air pollution. Considering this pollution issue, Shema aims to develop and supply hygienic smart masks. Its goal is to make products that can be used safely in a severely polluted environment by applying design engineering techniques based on the respiration data and patterns of mask users and sell these products all over the world.


⑤ Baum

Baum is a company established in hope to provide EDA products and solutions for semiconductor manufacturing companies so that their manufacturing process becomes more energy efficient. Its semiconductor power modeling technique based high-speed, high-accuracy power analysis solution technology makes it possible for the clients to minimize the amount of power usage and maximize power and heat management efficiency.


⑥Kai-i Company

Kai-i Company, founded and run by KAIST members, is a startup that develops big data based Smart Dental Solution that satisfies the needs of the patients, doctors, and guardians by combining various areas such as psychology clinic IoT and dentistry. Smart Dental Solution is the world’s first total oral management service that provides a meaningful connection between the client and the medical center and enables users to manage medical checkups, treatment, and prevention through one unified platform.


⑦ VPIX Medical

VPIX Medical is a company that works to develop a super miniature florescent microscope that enables real-time in vivo imaging based on confocal microscope techniques that create a cell-unit high image resolution. It aims to develop a medical device that can be applied in imaging devices in laboratories and cancer surgeries by utilizing super micro silicon attached microscopic laser scanner manufacturing process, a technology based on research originally from KAIST, and Lissajous pattern construction technique.


⑧ BGarage

BGarage is currently working to create AI based safety engineering technology for industrial drones. They developed a module that implements collision prevention and evasion technology using low-cost sensors and Deep Learning technology and are striving to solve the safety issues that industrial drone manufacturing and service companies face.


⑨ Neurodigm

Neurodigm, a team that consists of experienced experts in the field of Deep Learning based system construction and development, specialize in neural network technology. Neurodigm aims to develop a better management system for bridges by combining the great amount of data obtained from various sensors attached to the bridge and then creating an AI system that suggest the adequate checkup and repair work period for each part of the bridge.


⑩Lawfully

Lawfully is an AI leagaltech software technology company that started out from immigration law of the US and now setting its goal to the huge law market of the US. It develops a variety of solutions related to immigration laws through Korean AI technology based engines and succeeded in implementing the automated prediction and update function for case procedural time period using AI technology for the first time in the world. Lawfully is now planning to develop a law strategy function for self application package that can be followed without the help of a lawyer and lawyer offices.


⑪Frontier Energy Solution

Frontier Energy Solution is a startup that actively works to commercialize perovskite solar cells, a type of technology that is considered to be the ‘game changer of all solar cells’.  Perovskite solar cells are recognized for its high efficiency compared to other existing solar cells of today. These solar cells are flexible and light and thus can potentially be applied in drones, building integrated and flexible device technology.


⑫ Brillion Photonics

Brillion Photonics is a company established to create an innovative ophthalmic medical equipment based on the technology developed by Professor Seokhyun Yoon’s research team from the medical college at Harvard University. By applying the brillouin scattering principle, it aspires to improve various diagnostic and surgical processes of disorders such as refractive surgery, cataract, and excessive myopia by developing a device that can instantly and precisely measure the stiffness and the viscoelastic property of the human eye without direct contact.

Interview with Hwaseong Jeon, CEO of CNT Tech

5

 

Since 2013, student entrepreneurs at KAIST have received inspiration from their mentor under the E*5 KAIST program. That mentor is Hwaseong Jeon, the CEO of CNT Tech. When Jeon was a student at KAIST in 2000, he gained valuable experience from participating in a similar program to E*5 KAIST. From that time, he realized how important it is for students to get school support on entrepreneurial activities. Today, Jeon is doing his part to encourage young entrepreneurs to follow in his footsteps and help keep their dreams alive.

“Engineers get great satisfaction from a business model out of their own technology and generating profits. That’s why I highly recommend startups. Students can make use of the E*5 KAIST program for systematic support, information services, and networking opportunities.”

  • Accelerating Startups Through E*5 KAIST

Jeon, a pioneer in the Online to Offline (O2O) dining platform market, launched CNT Tech in 2003. He poured his heart and soul into the company, which occupied 90% of the market in 2010. This was when he turned his eyes to nurturing young startups that showed promise. He wanted to share his experiences and knowhow with young entrepreneurial talents.

“I became a mentor in 2013 after being invited by the Institute for Startup KAIST. I was part of the second run of E*5 KAIST. Thinking back to 2000, I wanted to give back what I could to the younger students. When you’re starting something new, you have to go through trial and error if there’s no one around to help. This ends as failure sometimes. Mistakes can be avoided by getting advice or learning from those who walked the path before you. That’s the role I hoped to play as a mentor under E*5 KAIST, and it is what I’m doing.”

Becoming a startup accelerator was a turning point in Jeon’s life. Serving as a mentor to young entrepreneurs was his way of giving back to society. Inspired by the E*5 KAIST program he created his own startup accelerator program called Hwaseong Jeon’s Adventure. In addition to helping KAIST students under E*5 KAIST, he mentors and invests in startups within and outside Korea through his own program. Through these activities, Jeon has gained a reputation as a global startup accelerator.

  • KAIST to Become Korea’s Startup Hub

The E*5 KAIST program holds great significance in Korea’s startup ecosystem. “KAIST is the only university that has offered an entrepreneurial support program for such a long period. Actually, it’s not easy to get alumni to return and provide mentoring for students. This is one area that KAIST has excelled in. Because the program has been around for such a long time, those who received support naturally return after graduating to help younger generations.”

Jeon believes that KAIST will emerge as a startup hub in Korea if it continues to promote entrepreneurship on campus. “In the United States, Stanford is known for producing startups. In China, you have Tsinghua University and Shanghai Jiao Tong University. KAIST has a strong foundation since it has supported startups since the late 1990s. The E*5 KAIST and the Institute for Startup KAIST are its key driving forces.

  • Taking Over the O2O Dining Market with Creativity and Technology

Launched by Jeon, CNT Tech is a pioneer of Korea’s O2O dining platform market. Up to 2002, hotlines were an unfamiliar concept. Consumers had to call stores near their homes to get food delivered. It was only in 2003 that hotlines beginning with 1588 were introduced. CNT Tech has greatly improved our lives ever since.

“We introduced online and mobile ordering services. These services were integrated into mobile food delivery applications. More recently, we launched a food delivery service under KakaoTalk. Our services, from hotlines to Kakao food delivery, were achieved over the past 15 years. They are currently available in eight countries in East Asia.”

CNT Tech has dominated 97% of the market. Although the company is not one-of-a-kind in its technology, it has succeeded thanks to its efficient operations and significant lowering of costs.

  • Young CEO Eyes Asia and Beyond

Jeon sees the next three years, from 2018 to 2020, as a time to focus on the East Asia market. He has already launched subsidiaries across East Asia, including China, and plans to relocate the headquarters to Hong Kong. For Jeon, success in the East Asia market is an indicator of CNT Tech’s technological impact on the world.

“Korea has not yet enjoyed worldwide success based on technical software alone. My goal is to spread CNT Tech’s technology to more than 80 countries around the world. If I continue to devote myself to this job, I might be able to see that happen in 40 years. The year 2019 will open new doors for the company and take us beyond Southeast Asia.”

Of course, Jeon will continue to help young entrepreneurs and startups through the E*5 KAIST program and Hwaseong Jeon’s Adventure. He describes his entrepreneurial spirit as a “positive influence.” “My company’s motto is Creating New Transaction Technology, meaning that we develop technology for the greater good. I want to develop technology that benefits people and has a positive influence on society.”

Interview with Jung Min Oh, CEO of HayanMind Inc

4

 

The development of the English learning app “Mimiking” dates to two years ago when CEO Jung Min Oh of HayanMind Inc., a developer of Mimiking, was interning at Microsoft in China. There were a lot of Koreans working there, and he noticed something in common in them: while the Koreans were among the most hardworking employees at work, they all had difficulties in communicating with the local people. He deeply sympathized with the situation as he was also dealing with language barriers when he was learning English. As an engineer, he wanted to present a software solution for his colleagues. That yearning has led to the birth of Mimiking today. Mimicking is a mobile application with which people can train their language skills with an AI coach, and is an excellent way to improve speaking skills.

“Our goal is to bring Mimiking to use in all public schools in Korea. We would like to use our technology and contents to move our country one step forward by making more people fluent in English.”

  • Mimiking Opens Up New Opportunity with Unique Contents

There are two ways of learning English: shading and echoing. Both methods are ‘listening to English sentences and repeating them’. One difference between the two is the time difference. In shadowing students are asked to follow sentences almost simultaneously, while in echoing they repeat them after the sentences are finished. Neither method is easy at all for those who are not proficient in speaking English, but these methods are more effective than any other language learning method if students can overcome the initial hurdles. Mimicking supports both shadowing and echoing modes.

“When a baby learns to speak, the mother tells the baby a few words so that he can repeat them back. The baby learns while following his mother’s words. This method is nothing new, but is very important in learning English. Mimiking also adopts the principle of learning a language by repetition.”

The English learning market has already reached saturation. However, Mr. Oh is confident that users will choose Mimiking because of its exceptional technology and contents. “Many people are using TED lectures and news when they study English. But those are not appropriate for English learners to repeat, as the contents are too difficult and fast. At HayanMind, we are making all of our content in-house. Most of our contents are voice recordings of about 2 minutes, spoken by native speakers. We are striving to differentiate Mimiking by creating easy-to-understand and easy-to-repeat contents for everyone.”

One feature that makes Mimiking unique is its ‘audio-based’ lessons. It provides an optimal environment for studying English for users, without textbooks. They just need to open the app to practice English speaking. Only a minimal scope of contents require the users to touch the screen, and HayanMind is planning to further upgrade the app to make it work without any need for user touch. In addition to the intensive training mode (earphone, speakerphone, and phone mode supported), in which users are asked to listen to and follow sentences, there are various other features, including 1-min long story updates created by native speakers on weekdays and an automatic feedback function that tracks voices (automatic rewind function etc.). Reports are also provided to users to show their performance in English speaking training on the app.

  • Our Goal is to Free People From Obsession with English

“The ultimate goal of Mimiking is to free people from their unhealthy obsession with English by making more people fluent in the language. I think this goal is very closely related to the future of our country. That is why we want this app to be used in every public school in Korea. It would be even better if Mimiking were used in conjunction with textbooks. I know it might be a far-fetched idea for now because we are only in our initial stage. If full usage of Mimiking can really happen, however, I would like to focus more on the public interest than on the profit of my company. This is the dream and goal of HayanMind. ”

Mimiking was released last year. Despite months of zero-marketing, a significant number of users have downloaded Mimiking, and there are more than 100 active users. Mr. Oh sees this as a very positive signal, because the number of users has increased even though the app is not in a full-fledged form yet (and has not been marketed). If marketing is started in earnest, users are expected to further increase.

In the first half of 2018, the company will complete all of the preparatory work and plans to attract investment. This will accelerate the growth of HayanMind, bringing Mr. Oh one step closer to realizing the goal of freeing Korean people from their obsession with English. In the long run, he plans to expand his user base to everyone who wants to learn foreign languages all over the world.

“It would be great if our app could evolve into a model that applies to any language on earth. Because whatever language you are learning, speaking practice is a must. To that end, in the short-term, we are currently working on content that will help our users learn Korean and Chinese.”

  • Sincere Support from Start-up KAIST

Mimiking participated in the E*5 KAIST program in the first half of 2017 and Yu-Mi Oh, a co-founder of HayanMind, won the excellence award. In addition, the company has been provided with various support from Start-up KIAST, including workspace and opportunities to participate in networking events related to start-ups and informative seminars.

“I was surprised when I first met with the people at Start-up KAIST. They wanted to help us entrepreneurs with honest sincerity. It’s not easy to feel sincere hearts in relationships these days, but they are different. I was deeply impressed by their heart-felt help and support. ”

He also said that it is a very good opportunity to meet high-profile mentors and panel members who come to Start-up KAIST programs. “I think most students who want to be entrepreneurs are not prepared at all. In that sense, it is a great merit to be able to receive early feedback from those high-profile mentors while the start-ups they want to grow are still in the early stages, with many crude aspects. For me, the comments and feedback from mentors and panel members were of great help in setting the direction for my business. ”

  • Engineer Delivering New Values to People

With plans to attract investment in the first half of next year, HayanMind is busy to supplement Mimiking now. “We initially designed the app for those who are at an intermediate level or higher in English, but we’re now adding features for beginners as well so that even those who do not know English at all can listen to our contents and practice vocalization and pronunciation for English. We also want to be a leader in this field by incorporating our contents into AI speakers.”

Mr. Oh’s dream is to remain an engineer forever. To him, entrepreneurship is a stage for achieving that dream. He wants to continue to create new products and deliver new value to people. On the path to achieving that dream, Mimiking will not stop growing in a new direction to become a part of an everyday routine for those who need to study language.

Interview with Ilbong Kwon, Entrepreneur of Smart Fragrance Device Company “Deep Scent”

3

 

Currently, the fragrance market still employs traditional methods, which include scented candles, diffusers, and air fresheners. Although there are some products that utilize technology, such convergence has been limited to products such as aroma oil added to humidifiers. CEO Ilbong Kwon focuses on the process of creating smart designs and commercializing them. Ultimately, traditional methods and technologies will converge, so that the smart designs can be used, like home appliances that utilize IoT technology. The goal is to provide the opportunity for consumers to enjoy fragrances more intimately, economically, and diversely through engineering technologies.

“In the beginning, there was nothing. There was not enough manpower, funding, or underlying technologies. All I had were my experience, academic studies, and ideas that I came up with during lectures. The Institute for Startup KAIST and K-school helped me very much as I thought about how I could commercialize my ideas.”

  • Genuine relaxation with smart fragrance device

Members of modern society are constantly tired and require rest. So, people seek out ways to heal. Among numerous healing methods, CEO Kwon discovered that fragrance had growth potential. Fragrance related industries have constantly experienced growth in the US, Europe, Japan, and China. Fragrance related products have become mainstream over the last few years in Korea as well. CEO Kwon’s experiences using fragrance related products provided the foundation for cultivating invaluable ideas.

“Producing sensual devices that everyone can use economically and with ease through fragrances is the value proposition of Deep Scent. We are creating products according to this value proposition. The smart fragrance device developed by Deep Scent contains 4 fragrance cartridges. The device is unique in that cartridges with different fragrances can be blended together according to the consumer’s emotional state.”

People’s moods constantly change. Facial expressions change depending on the situation and mental state. Does fragrance preference change whenever there is a change in emotional state? Preferences could change. However, traditional methods like scented candles, diffusers, and air fresheners cannot express such changes because a single fragrance is produced until the candle completely melts and the diffuser oil is all used.

“The smart fragrance device will go beyond this limitation of traditional methods. The device contains our technology, from cartridge manufacturing technology to the fragrance recipe and the algorithm connecting the consumer’s mental and emotional states.”

The traditional methods cannot be personalized to the preference of the user because these products are mass produced. “I believe this does not provide the user with the opportunity to choose. Being able to make a blended fragrance that fits my inclination is what I consider to be more personalized. We wanted to give consumers genuine rest with unique fragrances.”

  • A device bringing together technology, design, and sensuality

Kwon considers design to be the key aspect in the development of this device because this product not only prioritizes functionality but also instills a sensual impression. Scented candles do not exist only as tools to spread a fragrance. Survey results show that the flickering of the candle light in a dark room provides a sense of emotional fullness to the consumer. This result sparked a discussion of the direction for the smart fragrance devices.

“This is the part that we have to contemplate the most for the next 1-2 years and focus our efforts on developing this aspect of the device. Of course, the corresponding technologies will also have to accompany the product. We intend to blend intuitive design and analog sensibility based on HCI(Human Computer Interaction) technology.”

  • Institute of Startup KAIST, priming water for startups

When Kwon was working on the commercialization of the smart fragrance device, the Institute of Startup KAIST and the K-school helped out significantly. Kwon received support from the Institute of Startup KAIST and the K-school when he was lacking manpower, funding, and underlying technologies, so that Kwon could move closer to his goal one step after the other.

“To me, the past year felt like climbing a stairway. One step, followed by another. I learned as I went on. I learned about idea materialization in a lecture for creating business models. while I learned how to apply what I learned through understanding of the users of products in a lecture for design thinking. In this way, I developed the prototype using the information and insight I learned through the curriculum, which also motivated me to continue on to the next step. During this process, I was able to meet many people from various fields.”

The Institute of Startup KAIST supported Kwon through 3D printing for product design and initial seed money investment. The wide range of support allowed Kwon to mature as an engineer and entrepreneur.

  • The value of how to live, growth of the company, and giving back to society

In the past, Kwon had concentrated on what he would become, but now his focus has shifted on how to live. The decision to begin a startup and give up a working life in a large domestic company, foreign affiliated company, and overseas foreign company was the result of thinking about how to live.

“I believe that beginning a startup independently is more valuable and proactive for how I live my life. It also fits well with the mindset of an entrepreneur. Starting a startup is the act of starting a new business. Like that, a new company is made, along with a new culture. In this process, if profits become fruitful, they will be shared with those who worked alongside me. When the company grows and sales increase, we will pay more tax and create new jobs. Recently, I like the term “company patriotism”. There are things that we can give back to the country, like the things that we received from the country. That is giving back to the country. I think that realizing the value of how to live in this place is fitting.”

Although the workload is 150% of the workload that Kwon experienced when he was employed, Kwon said he feels a greater joy. The smart fragrance device will be released in 2018. Starting with the Korean market, Kwon aims to expand into the markets of the US, Europe, Japan, and China, where the fragrance industry has grown significantly. The smart fragrance device developed by Deep Scent using technologies for people will provide true healing for the body and mind throughout the world.

Interview with Hyungsoon Park, Professor at the Department of Mechanical Engineering at KAIST

2

 

When Professor Hyung-Soon Park was a Ph.D. candidate at the Department of Mechanical Engineering at KAIST, it occurred to him one day: “Will my life be different when I make nice robots or become good at controlling them? I don’t think I’m helping anyone. Why should I continue this study?” These questions prompted him to pursue the field of rehabilitation robotics. Developing various robots to help the physically challenged, Professor Park turned his attention to using a treadmill, a machine traditionally used for physical training, as a more effective tool for walking rehabilitation training. After a long period of research, he finally upgraded the treadmill’s performance.

“Many researchers are interested in ‘being the first.’ So, they make new attempts with novel ideas and publish their papers. However, my research philosophy is to ‘do what can become available right now.’ So, my lab is engaged in R&D efforts for what can be readily usable.”

  • New treadmill combining innovation and universality

Traditional walking rehabilitation training involves physical therapists assisting patients. Treadmills for constant walking are also used for walking rehabilitation, but they demonstrate meager effects compared to training in which physical therapists participate in person. This is because, while therapists can accommodate patients by directly checking the condition of each patient, conventional treadmills are not designed to sufficiently reflect patient condition or personal demand.

“However, as a means for rehabilitation training, treadmills themselves have many merits such as safety and accessibility. I began this research in 2011, when Dr. Pam Duncan reported far-reaching research results comparing the rehabilitation effects of skilled physical therapists against treadmills in the United States. The results showed that physical therapists proved far more effective. That’s when I began to explore ways to make existing treadmills much more effective by maximizing their advantages.”

Prof. Park focused on implementing a realistic feeling of walking into treadmill rehabilitation by devising a method of moving the treadmill in response to the walker’s speed.

“First, we developed a controller to make the treadmill respond to the speed of the walker. Based on multiple studies, we decided to focus on the fact that the maximum speed of a foot swung while walking is proportionate to the walking speed. So, we installed cameras around the treadmill to analyze motions. We also developed a sensor to check each foot’s swing speed with the cameras and identify the user’s intent to change the walking speed.”

The innovation and universality embodied in this new treadmill stood out in the next stage. The treadmill developed by Professor Park is 1.5m long, as is the case with general treadmills. This short treadmill is able to swiftly understand the walker’s intent to change speed and readily change the walking speed on the treadmill just as a walker changes walking speed on the ground. Further, the first models of motion analysis cameras were quite expensive, but the currently used models only cost about 200,000 to 300,000 won, thanks to ideas contributed by students participating in the research project. Compared to similar constant-walking treadmills developed in other countries, with lengths of 2-8 meters and costing several million dollars, Professor Park’s treadmill represents remarkably innovative improvements of existing technology.

In addition, this treadmill uses virtual reality to allow for curved walking with the straight rail. “We used a little trick. When you walk while watching the screen installed on the front side of the treadmill, the virtual reality technology produces the display angle depending on which direction you watch. That way, you could feel as if you’re walking along a curved path. Parkinson’s disease patients are prone to falling down while curved walking, and our treadmill offers a perfect environment for their training.”

  • KAIST END RUN Seed Project to enable free, goal-oriented research

Professor Park participated in the KAIST END RUN Seed Project to receive support in the process of making his new treadmill into popular models. Seoul National University Bundang Hospital partnered with him to apply the treadmill in its clinical practice, and Professor Park improved the technology based on the actual clinical cases. As a result, this treadmill technology operates only with the servo-motor installed on general treadmills, as well as motion analysis cameras, sensors, and screens to show virtual reality.

“While participating in the KAIST END RUN Seed Project, I realized that this project was consistent with my research philosophy, which is to do what can become readily usable. I enjoyed working with the project as my philosophy was in harmony with the project’s goal of assisting commercialization of promising technologies. Also, this project is self-driven and goal-oriented. It requires minimum paperwork, so researchers can enjoy more autonomy. The final presentation was very efficient as well as it only asks the researchers to demonstrate key points to the evaluators within five minutes.”

  • Message for rehabilitation robotic engineers

Professor Park’s treadmill features outstanding technology, but it also carries profound meaning. “I believe this treadmill’s upgraded performance sends a message to engineers working in rehabilitation robotics. Many robotic engineers tend to put robots first when they try to make robots help people. However, I‘m confident that the top priority should be people. If robots are not the best solution to the problem, they should consider giving up expensive robots and finding the best solution. This treadmill combined technologies oriented towards human beings and was made available for all patients. I wish this message could facilitate development of technologies, at least in the field of rehabilitation robotics, to place people first.”

  • A single goal to help those who are physically challenged due to brain diseases

This new treadmill demonstrated its effect in recovery of walking symmetry, one of the yardsticks to measure the efficacy of walking rehabilitation training. Also, it obtained particularly favorable results in brainwave tests. Compared to existing treadmill training, Professor Park’s treadmill contributed to remarkably high brainwave activities during walking training. This outcome indicates that training based on each walker’s own pace and volition is of significant importance for recovery of brain functions.

“Currently, our lab is greatly interested in brainwave studies. If we can discover which rehabilitation training is more effective based on those brainwave studies, I believe we will be able to develop training equipment and programs perfect for each user.”

The treadmill upgraded by Professor Park is heading toward the next level. Mr. Park’s lab is working to prove the treadmill’s performance through long-term clinical tests. He has only one goal: to help those who are physically challenged his dream come true and bring a bright future for many patients who want to recover their walking abilities.