34 startups have been established by 130 Samsung employees in the three years since Creative Lab’s “spinoff” program was introduced. (image: Samsung Electronics)
SEOUL, Jun. 7 (Korea Bizwire) — Samsung Electronics revealed yesterday that it had selected three startups developed internally and discovered through “Creative Lab,” a program developed to nurture internal startups.
With the three additional startups, the total number of startups supported by Samsung’s Creative Lab totals 34. The newly selected startups are Agwart, Catch Flow and For Makers.
The founders of Agwart have developed a vegetable growth solution based on IoT technology. The solution allows families to raise vegetables conveniently within the household.
Catch Flow is a mini speaker that is also portable. The size of its S-Ray speaker is just a fraction of the size of other mini speakers on the market.
Lastly, For Makers is a platform designed to find potential candidates for corporations looking to recruit new staff.
In addition, Samsung Electronics introduced top-performing startups previously under Creative Lab’s umbrella but that are now independent: Monit, Cooljamm Company and Linkflow.
Monit is a company that produces a diaper sensor that sends phone messages to parents when diapers must be changed.
The product is awaiting placement in department stores. Cooljamm Company developed an application that helps songwriters compose music by merely humming.
Linkflow is a hardware company that produces the world’s first 360-degree wearable cameras.
According to Samsung Electronics, 34 startups have been established by 130 Samsung employees in the three years since Creative Lab’s “spinoff” program was introduced.
These companies have in turn hired more than 170 new employees from outside of Samsung.
Kevin Lee (kevinlee@koreabizwire.com)
