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LG Selects Finalists in First 'Mission for the Future' Challenge to Grow New Business Ventures

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Jointly pursued by LG and a company that chose “Mission for the Future” Innovative Solutions for Digital Health, Metaverse and Electric Vehicles

San Francisco, September 7, 2022 /PRNewswire/ — LG Electronics North American Innovation Center (LG NOVA) finalist company for that mission to the future Global Challenge Program. Representing multiple potential business paths in three industries, the two companies will work with the LG NOVA team to collaborate on new business ventures, continue to grow and scale their companies, and expand into LG and within the LG NOVA ecosystem. Qualify and develop potential investments from other investors. Solutions that impact people, communities and the planet*.

Dr. Sokwoo Lee, Senior Vice President of Innovation at LG Electronics and Head of LG NOVA, said: “Congratulations to the finalists and all the participating companies mission to the future challenge. We look forward to the journey of these companies as they innovate into a brighter, more technologically advanced future. “

Finalists were selected from approximately 1,300 applicants. They secured the top spot after working closely with the LG NOVA Entrepreneur-In-Residence team and his 6-9 months to develop and test the proposal. Throughout the process, the company had the opportunity to meet with his LG business team and other investors within the LG NOVA ecosystem.Finalists presented to LG Electronics Global CEO William Cho.

According to Rhee, this unique challenge program has the opportunity to diversify and expand LG’s technology portfolio, prioritizing innovation for a better life across key influential industries. “These incredible companies have the potential to change the world, and LG looks forward to working with them to harness their innovation and impact society in meaningful ways.”

With the selection of such companies, LG NOVA has multiple partnerships to build new businesses in digital health, electric mobility, and the metaverse, and to provide new services and solutions that will help them move faster into the future. pursue the way

digital health – LG NOVA is committed to expanding and broadening access to healthcare and personal health services with key digital health capabilities that enable healthcare delivery to diverse and disparate communities. increase.

  • digby health is a digital care platform to prevent and improve chronic metabolic, digestive, and mental health conditions using gut microbiome insights, genetics, AI, and food as medicine. LG and Digbi are working together to make care globally accessible in the home and office, and advance treatment.
  • life gnome is a B2B2C precision health platform powered by genomics and AI, delivering personalized health and well-being solutions to the world’s leading companies. LG and LifeNome will bring to market the world’s first precision maternal, child and family health platform to support the pregnant individual from her conception to the early stages of her child’s life 24/7.
  • Mindset Medical is a sensor-based technology platform that uses cameras on patient-owned devices to virtually capture health conditions and biological measurements to help physicians improve medical diagnosis and treatment effectiveness. LG’s collaboration with Mindset Medical expands new services available to physicians and healthcare providers, allowing healthcare providers to more easily understand patient health status over time or during live virtual doctor visits It is expected that
  • XR Health develops virtual treatment rooms, integrating immersive VR/AR technology, licensed clinicians, and real-time data analytics into a single platform to provide patients with a holistic approach throughout the continuum of care, from the hospital to the patient’s home. provide comprehensive therapeutic care solutions. LG and XRHealth continue to expand their service offerings to provide clinicians with more insight and enable more precise and personalized care.

electric mobility – With LG’s commitment to sustainability as an organization, LG NOVA will develop electric vehicle (EV) and electric mobility solutions by enabling more companies to leverage their infrastructure to offer EV services. We are pursuing new opportunities to expand access to

  • drives provides end-to-end EV charging and smart energy management software platforms to leading EV service providers. LG and Driivz work together to transform the hospitality industry usa It offers EV charging as a service while optimizing EV charging operations to provide customers with an outstanding EV charging experience.
  • IMS Solutions Co., Ltd. It enables power optimization across smart cities, smart homes and e-mobility with its innovative AI and blockchain-based distributed energy resource management system (DERMS) and transactional energy software platform. By working with I-EMS, LG will help modernize the power grid, optimize energy management, and bring better power management solutions to the market.
  • spark charge provides an affordable and convenient way for electric vehicle owners to charge their EVs without a direct access charger at home or on the go. LG and SparkCharge will work together to provide a turnkey EV solution that enables businesses to generate revenue streams from parking spaces.

metaverse – The Metaverse brings greater capabilities that change the way we interact across the future digital space. LG is looking to expand its role and explore new services and applications for enterprises that leverage the capabilities of the Metaverse.

  • iQ3 Connect provides immersive 3D workspace technology that enables distributed teams to cost-effectively work, collaborate, and train from anywhere on any AR, VR, or 2D device. LG collaborates with iQ3 Connect to deploy immersive training and real-time collaborative workspace solutions for enterprises.
  • neuro trainer is a brain training and optimization platform deployed in VR to create immersive environments and training protocols that harness the scientific principles of neuroplasticity to improve focus and cognitive performance. Extending the capabilities of iQ3, LG and NeuroTrainer have teamed up to add platform features and enhancements designed to further refine NeuroTrainer as a powerful tool for enterprise health and mental resilience. To do.

LG NOVA second year mission to the future (2022) is now accepting submissions. The deadline for submission is Thursday, October 6, 2022. Please come www.lgnova.com/mission22 For more information on how to submit new ideas to LG NOVA.

*Subject to due diligence and other considerations.

About LG NOVA
LG NOVA, the North American innovation center of global innovation leader LG Electronics, is a team focused on bringing outside innovation to LG. LG NOVA is based in Santa Clara, California. The center’s mission is to build, nurture and grow innovations that impact the future. For more information on LG NOVA, please visit www.lgnova.com.

About LG Electronics united states of america
LG Electronics USA, Inc. Inglewood cliff, N..J.is a North American subsidiary of LG Electronics, Inc. is a $63 billion global innovator in technology and manufacturing.in the America, LG We sell a wide range of innovative consumer electronics, home entertainment products, professional displays, climate control systems, energy solutions and vehicle components. LG 2022 energy star® Partner of the Year – Sustained Excellence. The company’s commitment to environmental sustainability and its marketing theme of “Life’s Good” includes: LG We contribute to people’s happiness by exceeding their expectations today and tomorrow. www.LG.com.

Media Contact:

LG Electronics

Linda Quack
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Madison Miranda
+1 714 609 0828
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Source LG Electronics united states of america

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