LAS VEGAS, January 7, 2022 / PRNewswire / – The POSCO Group will present the “POSCO Venture Platform” to learn about and invest in the group’s future growth activities at CES 2022, to be held in Las Vegas for 3 days from January 5and set up a showroom in collaboration with promising companies that have been discovered and are growing through POSCO Venture Platform.
Check out the interactive multimedia press release here: https://www.multivu.com/players/English/9000151-posco-group-ces-2022/
Consumer Electronics Show (CES) is the world’s largest digital high-tech show, and approximately 2,100 companies from 159 countries will participate online and offline at CES 2022. As it will be open as an offline exhibition for the first time in two years due to the influence of COVID-19, the world is careful to take advantage of future new technologies and trends in one place.
The POSCO Group will jointly create exhibition halls with POSTECH and * RIST to introduce a venture capital platform using POSCO’s industry, academia and research infrastructure, and organize information sessions for 13 venture capital firms, including six POSCO promoting venture capital firms, two POSCO International promoting venture capital firms, and five POSTECH venture capital firms.
* RIST (Industrial Science and Technology Research Institute, Pohang Industrial Science and Technology Institute)
In particular, Graphene Square, which moved its headquarters to Pohang in October 2021 and built a mass production system of graphene called “New Material of Dreams”, with POSCO, POSTECH, RIST and Pohang City, will also participate in the exhibition to showcase the technology of mass production of graphene. RIST plans to introduce mobile platform technologies that can prevent fire hazards in advance, such as artificial intelligence-based fire monitoring autonomous driving robots.
POSCO builds a sustainable business ecosystem by creating a business valley based on its own system of industry-university-research cooperation and leading $ 1 billion venture capital investments through venture capital funds. In particular, POSCO actively supports the commercialization of venture capital companies, from the incubation of start-ups to product development and market development, and opens a “Change-Up Ground” in Pohang in July 2021, Following Seoul subsidiary created in 2020, to build a solid base allowing risk companies to use Korea’s best scientific and technological infrastructure.
Last month, POSCO set up a venue to shed light on the efforts and achievements of * IMP over the past 10 years and proclaimed a “Good To Great” vision that includes POSCO’s desire to revitalize the startup ecosystem. for the next 10 years.
* IMP: Idea Market Place (program to accelerate the growth of the POSCO group)
Meanwhile, POSCO’s venture capital firms “Pet Now” and “AI FOR PET” have drawn attention as they were each selected for “Best Innovation Award” and “Innovation Award” by the Consumer Technology Association. (CTA) organized by CES.
* Pet Now: development of a pet identification platform based on artificial intelligence.
** AI FOR PET: Development of a pet health diagnostic platform based on artificial intelligence.
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