Industry
LG Electronics to spin off four in-house ventures into AI, robotics and materials startups
LG Electronics will spin off four in-house ventures into B2B startups in AI, robotics and advanced materials. The company selected the teams at a Studio341 demo day held at its Magok Science Park in Seoul, it said on April 27. The ventures include Seka, Machine Flow, Pre-Kitchen Lab and Atomer. They will receive up to 400 million won each in initial investment and aim to complete the spin-off process in July.
