Venturus Class in XR Demo Day Showcased Two Innovative University XR Labs in South Korea

SEOUL, South Korea–(BUSINESS WIRE)–#ARKorea Radio Promotion Association (RAPA) held an online IR event ‘2021 Venturus Class in XR’ on November 23 for networking and investor relations for Korean in-school XR labs wishing to set up business in the US.

The event was designed to provide business matching opportunities to University XR labs, and accelerated by COMMAX Venturus with the US investors and AR/VR industry experts.

At the event, two Korean XR labs pitched for their business and had a Q&A session with US participants at the end.

“Already many Korean startups have been set up in the US, especially in Silicon Valley,” Joohyun June Oh, PM at COMMAX Venturus said. “Through the online meet-up, we hope to promote our startups to US investors in the form of investment attraction and partnership signing before a full-fledged entrance to the US market.”

List of Startups

1. Augmented Knowledge from Inha University

Augmented Knowledge Corp. is a spin-off from Inha University AI Laboratory. It strives to unify Artificial Intelligence (AI) and Augmented Reality (AR) and implement them in industry 4.0.

2. XR lab from Seoul National University

SNU XR lab is a lab from the College of Medicine at Seoul National University and is developing an AR solution and AR devices for Central Venous Catheterization. Its company foundation is planned in ’22 2Q as a subsidiary of Seoul Techno Holdings, Inc., which is an organization for supporting the commercialization of SNU’s in-school technology.

About Korea Radio Promotion Association

Korea Radio Promotion Association (RAPA) was established to create new values in the radio wave broadcasting industry and lead the industry with the aim of contributing to creating an environment for the promotion of radio wave broadcasting.

About COMMAX Venturus

COMMAX Venturus based in Seoul is an accelerator company certified by the Korean government. It provides a global stage for innovative Korean startups for scaleup in the global market and supports inbound startups with its local expertise.

Contacts

COMMAX Venturus

Joohyun June Oh

+82 2-3440-7450

june@iventurus.com