LG EXPANDS INVESTMENT IN AI AND DEEP TECH STARTUPS
LG Electronics is making a USD 10 million investment in the newly established USD 130 million Alpha Intelligence Fund (AIF) by SBVA, focusing on AI and deep tech startups. This move is part of LG's strategy to transform into a 'Smart Life Solutions' company by securing innovative technologies for key growth engines. LG aims to:
- Expand cooperation with innovative startups
- Secure future technologies
- Strengthen networking with global companies
- Discover strategic investment opportunities
LG has also recently acquired an 80% stake in Athom, a smart home platform company, and invested USD 60 million in Bear Robotics, an AI-based autonomous service robot startup. Through LG NOVA, the company continues to nurture startups in digital healthcare, clean tech, and AI sectors.
LG Electronics sta effettuando un investimento di 10 milioni di dollari nel neoistituito Fondo Alpha Intelligence (AIF) di 130 milioni di dollari di SBVA, concentrandosi su startup nel campo dell'IA e della tecnologia avanzata. Questo passo fa parte della strategia di LG per trasformarsi in una società di 'Soluzioni per una vita intelligente', assicurandosi tecnologie innovative per motori di crescita chiave. LG punta a:
- Espandere la cooperazione con startup innovative
- Garantire tecnologie future
- Rafforzare il networking con aziende globali
- Scoprire opportunità di investimento strategico
LG ha recentemente acquisito anche una partecipazione dell'80% in Athom, una società di piattaforme per la casa intelligente, e ha investito 60 milioni di dollari in Bear Robotics, una startup di robot di servizio autonomi basati su IA. Attraverso LG NOVA, l'azienda continua a sostenere startup nei settori della salute digitale, della tecnologia pulita e dell'IA.
LG Electronics está realizando una inversión de 10 millones de dólares en el recién establecido Fondo Alpha Intelligence (AIF) de 130 millones de dólares de SBVA, enfocándose en startups de IA y tecnología avanzada. Este movimiento es parte de la estrategia de LG para transformarse en una empresa de 'Soluciones para una vida inteligente', asegurando tecnologías innovadoras para motores de crecimiento clave. LG tiene como objetivo:
- Expandir la cooperación con startups innovadoras
- Asegurar tecnologías del futuro
- Fortalecer la red con empresas globales
- Descubrir oportunidades estratégicas de inversión
LG también ha adquirido recientemente una participación del 80% en Athom, una empresa de plataformas para el hogar inteligente, e invirtió 60 millones de dólares en Bear Robotics, una startup de robots de servicio autónomos basada en IA. A través de LG NOVA, la empresa continúa apoyando startups en los sectores de salud digital, tecnología limpia y IA.
LG 전자는 새로 설립된 1억 3천만 달러 규모의 Alpha Intelligence Fund (AIF)에 1천만 달러를 투자하고 있으며, 인공지능 및 딥 테크 스타트업에 중점을 두고 있습니다. 이 움직임은 LG가 핵심 성장 동력을 확보하기 위해 혁신적인 기술을 확보하여 '스마트 라이프 솔루션' 회사로 변모하려는 전략의 일환입니다. LG의 목표는:
- 혁신적인 스타트업과의 협력 확대
- 미래 기술 확보
- 글로벌 기업과의 네트워킹 강화
- 전략적 투자 기회 발견
LG는 최근에 스마트 홈 플랫폼 회사인 Athom의 80% 지분을 인수했고, AI 기반 자율 서비스 로봇 스타트업인 Bear Robotics에 6천만 달러를 투자했습니다. LG NOVA를 통해 이 회사는 디지털 헬스케어, 클린 테크, AI 분야의 스타트업을 지속적으로 육성하고 있습니다.
LG Electronics réalise un investissement de 10 millions de dollars dans le Fonds Alpha Intelligence (AIF) de 130 millions de dollars récemment créé par SBVA, en mettant l'accent sur les startups dans le domaine de l'IA et des technologies avancées. Ce mouvement s'inscrit dans la stratégie de LG visant à se transformer en une entreprise de 'Solutions pour une vie intelligente', en sécurisant des technologies innovantes pour des moteurs de croissance clés. Les objectifs de LG sont :
- Élargir la coopération avec des startups innovantes
- Sécuriser les technologies futures
- Renforcer le réseautage avec des entreprises mondiales
- Découvrir des opportunités d'investissement stratégique
LG a également récemment acquis 80 % des parts d'Athom, une entreprise de plateformes pour la maison intelligente, et a investi 60 millions de dollars dans Bear Robotics, une startup de robots de service autonomes basée sur l'IA. Grâce à LG NOVA, l'entreprise continue de soutenir les startups dans le domaine de la santé numérique, des technologies propres et de l'IA.
LG Electronics tätigt eine Investition von 10 Millionen USD in den neu gegründeten Alpha Intelligence Fund (AIF) von 130 Millionen USD von SBVA, wobei der Fokus auf KI- und Deep-Tech-Startups liegt. Dieser Schritt ist Teil von Lgs Strategie, sich in ein 'Smart Life Solutions'-Unternehmen umzuwandeln, indem innovative Technologien für wichtige Wachstumsmotoren gesichert werden. LG hat vor:
- Die Zusammenarbeit mit innovativen Startups auszubauen
- Zukünftige Technologien zu sichern
- Das Networking mit globalen Unternehmen zu stärken
- Strategische Investitionsmöglichkeiten zu entdecken
LG hat kürzlich auch einen 80-prozentigen Anteil an Athom, einem Unternehmen für Smart-Home-Plattformen, erworben und 60 Millionen USD in Bear Robotics, ein KI-basiertes Startup für autonome Serviceroboter, investiert. Über LG NOVA fördert das Unternehmen weiterhin Startups in den Bereichen digitale Gesundheitsversorgung, Clean Tech und KI.
- USD 10 million investment in SBVA's Alpha Intelligence Fund, focusing on AI and deep tech startups
- Acquisition of 80% stake in Athom, a smart home platform company
- USD 60 million investment in Bear Robotics, an AI-based autonomous service robot startup
- Ongoing nurturing of startups through LG NOVA in digital healthcare, clean tech, and AI sectors
- None.
Company Joins SBVA's AI Fund and Continues Efforts to Nurture Future Businesses Through Open Innovation Activities
SBVA will curate a portfolio for AIF by selecting startups with high growth potential in AI, deep tech and robotics. The firm aims to leverage its global networks and resources to support the growth and meaningful achievements of these startups.
For over 20 years, SBVA has been investing in global startups, enhancing its expertise in ICT technology and strengthening its international network. By participating in the SBVA fund, LG plans to engage in the sharing of information on rapidly changing innovative technology trends and reflect these global market changes in its management strategies.
Through this investment, LG aims to expand cooperation with innovative startups and continue efforts to secure future technologies, ultimately seeking qualitative growth. The company plans to strengthen its networking with leading global companies and startups, discover additional opportunities for strategic investments and secure technological capabilities for future businesses.
LG intends to accelerate its transformation into a "Smart Life Solutions" company by securing innovative technologies for its key growth engines, including platform-based service businesses, B2B businesses and other new ventures. The company plans to continue efforts to secure future core technologies and expand its business areas beyond the home to business spaces, mobility and more.
Previously, in July, LG acquired an 80 percent stake in Athom, a smart home platform company headquartered in Enschede,
In addition, through LG NOVA – the company's Silicon Valley-based innovation center – LG has been conducting annual contests since 2021 to discover and nurture startups with innovative ideas and support their commercialization, thereby seeking new business opportunities. LG NOVA is particularly focused on building sustainable growth and nurturing systems for future innovative industries such as digital healthcare, clean tech and AI.
"By participating in the AIF, we aim to secure AI capabilities through active open innovation activities and strengthen our position within the AI value chain," said Eugene Yoo, vice president and leader of the Open Innovation Task at LG. "We plan to discover and collaborate with capable startups to explore future business opportunities."
"We will continue to make investments that accelerate technological innovation, leveraging our differentiated technical expertise, global network and investment experience. We plan to maximize the growth potential of these companies by supporting the establishment of joint ventures with startups and major investors, and by promoting collaborative business projects," said SBVA CEO JP Lee.
Meanwhile, SBVA, established as SoftBank Ventures Asia under the SoftBank Group, was acquired last year by The Edgeof, an investment company led by Taizo Son, chairman of the global investment firm Mistletoe, and became independent. SBVA manages assets totaling approximately
About LG Electronics, Inc.
LG Electronics is a global innovator in technology and consumer electronics with a presence in almost every country and an international workforce of more than 74,000. LG's four companies – Home Appliance & Air Solution, Home Entertainment, Vehicle component Solutions and Business Solutions – combined for global revenue of over
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SOURCE LG Electronics
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