NextRise 2023

NextRise, the largest startups exhibition in Korea, held on the biggest-scale ever, with the participation of more than 450 startups from 17 countries, celebrated its 5th anniversary this year. The exhibition attracted about 20,000 visitors.

At the exhibition site, approximately 3,200 business meetings were held, through which 1,000 startups discussed business cooperation and investment conditions with more than 200 conglomerates and investment companies.

For this year’s exhibition, the ‘NextRise Awards’ was held for the first time to promote the growth of promising startups, and a prizegiving ceremony was held. In this award contest with 332 domestic and foreign startups participating, based on their technology and marketability, a total of 14 promising startups were selected through document and presentation evaluation.

Among them, MOPIC, a startup that has developed technology to implement 3D effects on flat displays, won the Grand Innovation Prize.

The CEO of MOPIC, in his award-acceptance speech, remarked, “Light field 3D display technology allows you to experience 3D without stereoscopic glasses. This technology is a special field that requires a lot of patience because it can only be developed when the market grows. It is a great source of strength to be awarded in a difficult situation.”

Three companies won the Best Innovation Prize, and the Innovation Prize was awarded to 10 startups with business models in AI, bio, health, and display fields.

The vice chairman of the Korea International Trade Association (KITA) stressed “We have confirmed that the era when only technological innovation can ensure the survival and growth of companies has arrived – through NextRise 2023, held on the largest-ever scale despite the global economic slowdown. We will make every effort to help NextRise to grow into a key platform that spreads technological innovation throughout the Korean economy based on startups.”

 
 
korean-electronics.com | Blog Magazine of korean electronics, brands and Goods