LG.com utilizes responsive design to provide a convenient experience that conforms to your devices screen size. In order to get the best possible experience from our website, please follow below instructions.
If you’re using Internet Explorer 9 or earlier, you will need to use an alternate browser such as Firefox or Chrome or upgrade to a newer version of internet Explorer (IE10 or greater).
6/20/2022
SANTA CLARA, Calif., June 20, 2022 — LG Electronics’ North American Innovation Center (LG NOVA) has announced the “Selected 20” startups advancing to the next stage of its Mission for the Future global challenge competition.
These top contenders were awarded $100,000 each, $2 million total for 20 proof of concept projects. As they proceed forward, the startups will be working on a business model with LG NOVA counterparts to create a business framework.
“Over the last few months, our work with the First 50 startups has helped us continue to refine our vision for the future as we look at new areas of growth for LG,” said LG Electronics Senior Vice President for Innovation Dr. Sokwoo Rhee, head of LG NOVA. “We’re inspired by all of those who have participated to date with groundbreaking, thoughtful tech innovations to drive and contribute to our collaborative community and guiding principle of ‘outside-in’ innovation. With this announcement, we’re sharing the results of our ongoing work in engaging with the startup and entrepreneur community to create impactful technologies that will lead society into the future.”
Among the startups selected are strong businesses across the Connected Health, Metaverse, and Energizing Mobility sectors that are creating new solutions with the potential to transform markets and industries.
Moving forward to the next phase in the areas of Smart Lifestyles and Innovation for Impact are Digbi, a healthcare-related company exploring the area of gut and genetic microbiome; a·kin, an AI for the smarter home designed to support activities of daily living for caregivers and families; and Chefling, a smart kitchen assistant that offers recipes to cook based on ingredients from your groceries receipts. These three companies represent different aspects of people’s changing priorities on simplifying life and living better with personalized services that will aid in nourishment and helping to complete daily tasks more efficiently.
In the Connected Health space, the epicenter of innovation is shifting to patient-focused care and wellness, quickened by the pace of new technology adoption in healthcare over the past two years. The startups selected in this area reflect this transition and the potential future services created as people change their perspective on new technology-based care and desire greater control over their health and the health services they receive. The startups singled out by LG NOVA in Connected Health offer innovative technology-based services through AI and the Metaverse, paired with data and services platforms centered around patient care, regardless of the setting.
With the focus on developing an advanced technology platform for providing services, MayaMD, Inc., LifeNome and Mindset Medical have been selected to move to the next phase of NOVA’s challenge. Leveraging AI to provide greater information to patients and providers for better health services, MayaMD is a conversational digital human-AI health assistant. LifeNome is a precision and biological personalized enterprise health platform powered by genomics and AI. Mindset Medical is a camera sensor-based technology platform that can take health and biological readings through your personal device for medical diagnosis by doctors remotely. Expanding upon a platform for patient services, medZERO, an employer-sponsored financial wellness platform, gives employees a smarter way to pay for healthcare via on-demand access to funds to pay their out-of-pocket expenses over time at zero interest and zero fees.
XRHealth, TRIPP, Inc. and NeuroTrainer offer effective alternatives to health and wellness services for patients, through the capabilities of an XR/VR/AR environment. XRHealth is a virtual treatment room that provides patient care and rehabilitation through VR/AR paired with clinicians and real-time data analytics. TRIPP is an XR wellness platform pioneering innovative health and wellness technologies that deepen connection to self through fully immersive alternate realities. NeuroTrainer improves focus and performance with virtual reality brain training.
In the Metaverse space, LG is pursuing a variety of applications with the intent to drive broader adoption of new immersive, interactive technologies and create greater business opportunities. The LG NOVA team’s choice of startups in this category include iQ3Connect, Snickerdoodle Labs, and YBVR. iQ3Connect provides immersive 3D workspace technology and a no-code platform to enable distributed teams to cost-effectively work, collaborate and train from anywhere, on any AR, VR, or 2D device. Snickerdoodle Labs is building a privacy-first, agnostic data-sharing layer where individuals own their data and the value it generates. YBVR brings live events to fans with the technology to quickly turn streaming live video content into new level of fan engagement through immersive viewing experiences.
Lastly, LG’s Energizing Mobility category focuses on the electric mobility sector and EV charging infrastructure ecosystem, which are paramount to achieving a more sustainable future. The selected companies in this category provide a broad range of actionable solutions to increase the feasibility of adoption across the consumer and business markets. SparkCharge offers an affordable and convenient way for electric vehicle owners to charge their EVs without a direct- access charger at home or on the road. Driivz provides an EV charging and energy management software platform that enables players in the hospitality industry to offer a disruptive business model of EV charging-as-a-service.
I-EMS Group, Ltd. uses innovative AI and blockchain-based DERMS and transactive energy software platforms to enable power optimization across smart cities, smart homes, and e-mobility. Kardome’s 3D audio technology improves speech recognition accuracy in challenging soundscapes, transforming voice UI from cloud-dependent experience to a secure real-time, and customizable user experience in any environment. Faction has a unique approach to driverless technology and light electric vehicles that introduces a more efficient way to move goods and people.
Chosen from a group of more than 1,300 applicants, the Selected 20 will continue in the process to develop their ideas at the incubation and pilot level, while working closely with LG NOVA’s team of innovation and entrepreneurial experts over the next couple of months—with the goal of being chosen as a Mission for the Future challenge “Top 10” finalist. To be named in August 2022, the Top 10 will have the opportunity to build their business in collaboration with LG on an accelerated path to success, with full access to LG expertise, mentorship, and from NOVA Capital Alliance and investments from LG.
Since its official launch in August 2021, the Mission for the Future challenge has invited innovators and entrepreneurs to submit their business ideas, technologies, and concepts that look to advance people, communities, and the planet. The initial “First 50” startups selected through the challenge program received access to basic business infrastructural support and networking after demonstrating exceptional proof-of-concept within emerging industries, as well as the potential for a successful partnership within the wider LG business.
Mission for the Future is an annual challenge program that seeks out great ideas, concepts, and businesses that will help improve the quality of life in the future. The goal of the challenge is to bring outside-in innovation to LG. In addition to the selected company prizes, the finalists can qualify for resources and investments from an allotted $20 million for new business development and with the opportunity to work with LG NOVA’s Incubation team to scale their business.
# # #
About LG NOVA
LG NOVA, the North American Innovation Center for global innovation leader LG Electronics, is a team focused on bringing innovation from the outside to LG. LG NOVA is based in Santa Clara, Calif. The center’s mission is to build, nurture and grow innovations that impact the future. Learn more at www.lgnova.com.
About LG Electronics USA
LG Electronics USA, Inc., based in Englewood Cliffs, N.J., is the North American subsidiary of LG Electronics, Inc., a $63 billion global innovator in technology and manufacturing. In the United States, LG sells a wide range of innovative home appliances, home entertainment products, commercial displays, air conditioning systems, energy solutions and vehicle components. LG is 2022 ENERGY STAR® Partner of the Year-Sustained Excellence. The company’s commitment to environmental sustainability and its “Life’s Good” marketing theme encompass how LG is dedicated to people’s happiness by exceeding expectations today and tomorrow. www.LG.com.
Media Contacts:
LG Electronics
Linda Quach
+1 408 903 3045
Madison Miranda
+1 714 609 0828
Because life waits for no one, at LG USA we create consumer electronics, appliances and mobile devices that are designed to help you connect with those who matter most. Whether that means cooking a nutritious, delicious meal for your family, staying connected on-the-go, sharing your favorite photos, watching a movie with your kids or creating a clean, comfortable place to celebrate the moments that matter, we'll be there for you every step of the way.
Designed with you in mind, LG products offer innovative solutions to make life good. With intuitive, responsive controls, sleek, stylish designs, and eco-friendly features, our collection gives you the power to do more at home and on the go. It includes:
Mobile: To help you stay connected your way, our mobile devices feature powerful smartphones and slim tablets that fit seamlessly into your life. And whether you want to download the latest apps, shop online, text, track your fitness or just surf the web, they make it easy to do it all on-the-go.
TV/Audio/Video: If you can't get enough of your favorite sports, the latest movies, love 3D entertainment -- or just want to listen to your favorite music in stunning clarity -- our newest electronics can help you experience it all in a whole new way. Another plus? Now, you can get a one-year Disney+ subscription with participating OLED TV model purchases, or a 6-month subscription with participating NanoCell TVs.
Appliances: Created to help you enjoy more of what life has to offer, our appliance collection features ranges and ovens that can help you cook healthy, delicious meals more efficiently, clean your dishes faster, do more laundry in less time, and even clean and cool your house so you can enjoy a comfortable space all year long.
Computer Products: Life happens in an analog environment -- and on a digital plane. And our newest computer products can help you experience the best of both worlds. Designed to give you crystal-clear images, deep blacks and rich colors, plus the speed and storage you need to work and play, safeguard memories and protect important documents, they can help you make the most of life in every way.
From the very first note, our collection will transform your living room into a stunning home theater Explore our complete collection of LG electronics, mobile devices, appliances and home entertainment solutions -- and find everything you need to connect with your friends and family, no matter where they are.
*Prices, promotions, and availability may vary by model, store, and online. Prices are subject to change without notice. Quantities are limited.
*Additional 5% or 10% back will be in the form of a Visa prepaid card issued by The Bancorp Bank®, N.A., Member FDIC. Terms and expiration apply-see rebate form at www.LG-Promos.com/ABS622. for details. Subject to availability. 5% will apply to the total invoice price of 2 eligible LG Kitchen plus select Floor Care and Air Care products before taxes (excludes Countertop Microwave Ovens and the Trim Kit, Laundry, LG Styler,® and Top Freezer, Bottom Freezer and Single Door Refrigerators). 10% will apply to the total invoice price of 3 or more eligible LG Kitchen and Laundry products plus select Floor Care, Air Care, LG Styler®, Countertop Microwave Ovens, Trim Kit (sold separately), Wall Oven and Cooktop products before taxes. Qualifying categories include: Refrigerator, Range, Wall Oven, Over-the-Range, Microwave Oven (OTR), Countertop Microwave Oven, Cooktop, Hood Vent, Dishwasher, Washer, Dryer, LG SideKick,™ Floor Care, Air Care and LG Styler.® WashTower™ products (Washer + Dryer) will count as two (2) qualifying units towards a bundle. Select Countertop Microwave Ovens purchased together with a Trim Kit (sold separately) will count as one (1) qualifying unit towards a bundle.Product must be purchased in a single transaction between June 22, 2022 and July 13, 2022. Online submissions made at www.LG-Promos.com/ABS622 must be received by 11:59 PM Pacific Time on October 13, 2022.Maximum number of products of the same category allowed to qualify for rebate is one (1).
*Purchase a bundle of four (4) select LG Kitchen Appliance products including eligible LG Refrigerator, Range, Over-the-Range Microwave Oven and Dishwasher models and receive instant additional savings of 10% applied to the pre-tax purchase price of the eligible products plus up to an additional $982 savings. Products must be purchased in the same online order June 22 - July 13, 2022 on LG.com to receive the instant additional savings. Maximum number of products of the same category allowed to qualify for the package discount is one (1). Savings will be reflected in the cart when all offer requirements are met. If any of the qualifying items are removed from the cart or part of the order is cancelled or returned, the promotional savings will be void. Prices and offers are non-redeemable for cash, non-transferable, and may not be combined with other offers/discounts. Not stackable with other LG rebates via online submission at www.LG-Promos.com/ABS622.. Availability, prices and terms of offer are subject to change without notice.
Extra $387 savings eligible models: LRFWS2906S, LRFWS2906D, LDFN4542S, LDFN4542D, LMV1831ST, LMV1831BD, LREL6323S, LRGL5823S, LREL6323D, LRGL5823D
Extra $432 savings eligible models:LFXS28968S, LFXS28968D, LREL6325F, LRGL5825F, LREL6325D, LRGL5825D, LMV2031ST LMV2031BD, LDTS5552S, LDTS5552D
Extra $452 savings eligible models:LFXS26973S, LFXS26973D, LRE