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Internet of Things Accelerator Songdo, South Korea

Sparklabs IoT Accelerator

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Page 1: Sparklabs IoT Accelerator

Internet of Things Accelerator

Songdo, South Korea

Page 2: Sparklabs IoT Accelerator
Page 3: Sparklabs IoT Accelerator

Confidential. Please do not distribute.

SparkLabs: Accelerator Program

SparkLabs continues to extend its influence and brand across Asia. DemoDay5 became the largest startup demo day in the world with over 1,400 attendees. DemoDay6 had over 1,500 and DemoDay7 this past June 22, 2016 had over 1,800 with attendees and over 350 investors from the U.S., China, Japan, Indonesia, Taiwan, Singapore, Hong Kong and others.

Demoday 7 Participants Total 1834

Startups & Corporates

443 & 303

Media40Government &

Academia 224

Investors358

*Not a complete breakdown

Largest Accelerator Demo Day in the World

Page 4: Sparklabs IoT Accelerator

76.6% of our companies received follow-on funding

from leading investors after their graduation of our program.

$3,562,213

$420,463

AVERAGE FUNDING PRIOR TO PROGRAM

AVERAGE FUNDING

AFTER PROGRAM

SparkLabs: Our Success

Page 5: Sparklabs IoT Accelerator

Ray Ozzie • Founder & CEO of Talko

• Former Chief Software Architect at Microsoft

Vint Cerf • A “Father of the Internet”

• Vice President & Chief Internet Evangelist for Google

Michael Crow • President of ASU

• Chairman of In-Q-Tel

Mark Cuban • Owner of the Dallas Mavericks

• Star Investor on ABC’s “Shark Tank”

Tom Peters • Author of In Search of Excellence

• Management Guru

SparkLabs: Accelerator Program

Honorary Board of Advisors

Page 6: Sparklabs IoT Accelerator

Team

Page 7: Sparklabs IoT Accelerator

Confidential. Please do not distribute.

SparkLabs is providing a 6-month long Internet of Things program for seed to early-stage entrepreneurs from anywhere across the globe.

• 5 to 10 startups chosen for each class.

• Minimum investment of $40,000 (up to 8% of the company)

• Over $900,000 in free perks (i.e. office space, hosting, etc.)

• Assignment of 2-4 world-class mentors

• Launch Q4 2016

SparkLabs: IoT Accelerator Program

Page 8: Sparklabs IoT Accelerator

Confidential. Please do not distribute.

SparkLabs: IoT Accelerator ProgramSparkLabs IoT AcceleratorSparkLabs Internet of Things program for seed to early-stage entrepreneurs from anywhere across the globe. This program will be located in Songdo, South Korea. Also selected startups will benefit from support by the Cisco Global Center of Excellence (GCoE), Cisco Innovation Center at Songdo to further mature their solutions with local technical support available under the GCoE’s Solution Incubation Program.

Songdo: Smart City of the Future

• $35 billion smart city built from

ground up. • 2nd largest private real estate

development in history. • 80,000 apartment units • Currently over 35,000 residents • 50 million square feet of office space and 10 million square feet of retail space • SparkLabs is the exclusive IoT test bed partner

Page 9: Sparklabs IoT Accelerator

Confidential. Please do not distribute.

SparkLabs: IoT Accelerator ProgramExclusive Startup PartnershipSongdo will be an amazing test bed for consumer, industrial, hardware, and other IoT startups!

Page 10: Sparklabs IoT Accelerator

SparkLabs: Accelerator Portfolio

SparkLabs IoT/Hardware Investments

• Water Strider (ASIC Chip development)

• Nthing

• Zoyi

• Way Wearable

• Piquant

• Amadas

• DomoBio

Page 11: Sparklabs IoT Accelerator

Water Strider invented a new touch sensor with high resolution and spectrum for both surface and space. This potentially revolutionary technology can be applied to home appliances, robotics, heavy industries and many other fields. This technique can be used to resolve technical and cost issues faced by different types of markets utilizing sensors. Water Strider's R&D team is developing an ASIC chip by mid-2016 for commercialization.

• Sector: Internet of Things / Semiconductor • Location: Seoul, Korea

• Major product: New touch sensor for surface and space

• http://www.helloway.co/

Gilbert KimCo-Founder & CEO

Water Strider

Page 12: Sparklabs IoT Accelerator

N.thing is committed to developing innovative IoT products that are designed to improve the quality of food consumption.

N.thing's first product, Planty, is an internet connected herb pot that introduces a new smart way of living. It provides innovative and smart gardening experience to users through functions such as giving water remotely, analyzing data and user behavior collected from the device.

Users can gain access to agricultural data and gardening community on the mobile application, which is automatically and wirelessly connected to the herb pot. N.thing aims to step beyond the out-of-date agricultural technology.

• Sector: Internet of Things / Hardware• Location: Seoul, Korea

• Major product: Smart planter

• https://nthing.net

Leo KimCEO

Seth NamCOO

Tony BaikCTO

N.thing

Page 13: Sparklabs IoT Accelerator

Zoyi’s Walk Insights is a comprehensive data analytics solution that collects and analyzes visitor data in retail stores using smartphone Wi-Fi signals. This method contrasts with other popular data mining platforms, which trace consumer patterns using systems like infrared sensors or cameras.

Using the data obtained through the installed infrastructure (dwell time per zone, visitor retention patterns, correlation with weather, device manufacturers, and more), Walk Insights then provides high-quality analytics tailored specifically to the store type.

• Sector: Internet of Things / Hardware • Location: Seoul, Korea

• Major product: Walk Insights, analytics for offline stores

• http://www.zoyi.co

Red Siwon ChoiCo-Founder & CEO

Josh Jaehong KimCo-Founder & CBO

Zoyi

Page 14: Sparklabs IoT Accelerator

Way Wearable developed a wearable IoT device for skin care. WAY is a personal skincare companion, which collects real time data from your skin and the environment and provides practical skincare and beauty tips on your smartphone. The full solution comprises a simple, beautifully designed device and connected mobile app.

A small, beautifully designed device, WAY easily slips into your handbag and looks comfortable next to your luxury beauty products.

Busy professional women and mothers lack time for themselves. Maintaining healthy, youthful skin takes time and dedication. With WAY, you can easily analyze your skin condition in just 3 seconds and receive tips about your skincare routine, that save you time and help you to look your best.

WAY's built-in BIA skin sensor analyzes the moisture content & estimated oil balance of your inner skin. Using WAY, you can check your skin condition on a connected device any time, anywhere.

• Sector: Internet of Things / Hardware• Location: Seoul, Korea

• Major product: Skin monitoring device

• http://www.helloway.co

Jason MoonCo-Founder & CEO

Gana OhCo-Founder & Dermatologist

Way Wearable

Page 15: Sparklabs IoT Accelerator

PiQuant is developing ‘The Pi’, a liquid scanner that identifies melamine components of milk products. The users can just scan the product`s surface before they take a bite, and Pi`s app provides the result on mobile phone. Unlike other existing melamine detecting systems in laboratories, The Pi is inexpensive, quick, and easy to handle.

• Sector: Internet of Things / Hardware• Location: Seoul, Korea

• Major product: Liquid/Food scanner

• http://www.piquant.co.kr

Doyeon PiCo-Founder & CEO

Piquant

Page 16: Sparklabs IoT Accelerator

• Sector: Smart Home / Hardware• Location: Seoul, Korea

• Major product: Smart Lever Lock

• http://www.amadas.kr/

Eunmin ParkFounder & CEO

Amadas

Amadas combines the best in design and technology to provide an innovative Smart Lever Lock for the smart and secure home. Made of 100% stainless steel, the Smart Lever Lock can be installed DIY, can be positioned on any side of a door, and is managed though a mobile application. The Smart Lever Lock is equipped with a solar panel for quick recharges by smart phone light or flashlight when the battery is dead.

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Founded by a dentist Dr. Yi SeungGyu in 2009, Domo Bio is a company specializing in snoring and obstructive sleep apnea device, called QT33. QT33 has obtained patent in Korea, US and China. The device is currently being actively supplied in Korea and the company plans to expand to the US market as soon as it obtains US FDA approval.

Domo Bio’s QT33 is not just a simple improvement on the function and user convenience aspect; It is a completely new snoring and obstructive sleep apnea device. QT33 only requires two sessions without any surgery or pain to complete the treatment, and allows comfortable jaw movement thanks to its upper/lower separation structure and personalized system. So far, more than 97% of the patients using the device have expressed high level of satisfaction and have experienced dramatic improvement in snoring and sleep apnea.

Domo Bio’s mission is to provide solution for snoring and sleep apnea so that people can lead a healthier and happier life, breaking away from the fear aroused from snoring and sleep apnea. Domo Bio plans to devote itself to supplying QT33 and continuing research & development.

• Sector: Healthcare / Hardware• Location: Seoul, Korea

• Major product: Sleep apnea device

• http://www.helloway.co/

SeungGyu YiCo-Founder & CEO

DomoBio

Page 18: Sparklabs IoT Accelerator

Global Seed Fund Portfolio

SparkLabs Global IoT/Hardware Investments

• Petnet • Sutro • WooSports • Brewbot • The Orange Chef

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Our first product, the Petnet SmartFeeder programs itself around your life and the wellness of your pet. SmartFeeder assesses the dietary requirements of your pet, creates a custom feeding regimen to meet those requirements, alerts you when your pet has been fed and even reminds you to purchase more food when you run low. From your smartphone, tablet or computer, you and all your pet’s caregivers can monitor and/or adjust feeding schedules, compare your pet’s diet to other similar pets, order food, and more.

In 2013, spending in the U.S. hit an estimated $55.53 billion, with most of that amount, or $21.26 billion, going toward food. The U.S. pet care market is worth about $55.5 billion, and the connected devices market is expected to reach hit $309 billion by 2020 so expect to see many more devices that help owners remotely care for and pamper their dogs and cats.

• Sector: Internet of Things / Hardware• Location: Los Angeles, CA, USA

• Major product: Smart Feeder

• Co-investors: Grishin Robotics, Amazon, iRobot

• http://www.petnet.io

Petnet

Page 20: Sparklabs IoT Accelerator

Sutro is a water testing and data analytics company. Sutro’s first product, the Sutro Pool, is a sensor-driven, connected, learning device to right-size your water chemistry. It automates testing - keeping you and your family safe, and saving you time and money.

Sutro is a "drop-in" automatic water chemistry monitor that uses sensors to measure pH, chlorine levels, Total Dissolved Solids (TDS), temperature (ambient air and water), and Oxidation Reduction Potential (ORP). There are 14 million residential swimming pools and spas in the US and the chemical market alone is $13.3 billion. Through patent pending technology, Sutro detects the essential water parameters specific to your backyard.

• Sector: Internet of Things, Hardware

• Location: San Francisco, CA

• Major product: Sutro Pool

• Co-investors: Bolt

• http://mysutro.com

Ravi KuraniCEO

Sutro

Page 21: Sparklabs IoT Accelerator

The Woo is an action sports motion sensor designed to capture and visualize users’ kiteboarding experience. Users can attach the sensor to their board and start tracking their jump height, airtime, and landing G-force.

Founded by three passionate European kite boarders, WOO is redefining the way action sports is played, viewed and consumed with the first-ever onboard motion sensor device + app experience. Woo Sports build the technology to allow action sports athletes to measure their performance, share the results with their friends, and compete against their peers and the best in the world in a fun and engaging way.

• Sector: Internet of Things / Hardware

• Location: Boston, MA, USA

• Major product: Action sports motion sensor

• Co-investors: Techstars Boston

• http://www.woosports.com

WOO Sports

Page 22: Sparklabs IoT Accelerator

• Sector: Internet of Things, Hardware

• Location: Belfast, UK & Austin, TX

• Major product: Brewbot

• Co-investors: Michael Birch, Federico Pirzio-Biroli • http://www.brewbot.io

Brewbot uses sensor technology to track and automate the brewing process. Simply follow the instructions in the app, add the ingredients when prompted and, hey presto, you can call yourself a brewer. Brewing has never been so easy.

Brewbot provides the perfect brewing environment. The sensors provide precise temperature and volume readings, gathering data at every step for consistent and repeatable results. Monitor, track and understand how water turns into beer using the mobile app, from adding the ingredients on brew-day to the day it is ready to drink. Brewbot provides an insight into how your beer is doing every step of the way.

Chris McClellandCEO & Founder

Jonny CampbellDesigner

Brewbot

Page 23: Sparklabs IoT Accelerator

The Orange Chef

At the Orange Company we are making the kitchen a place of confidence and discovery. We’re creating a smart ecosystem for the kitchen made up of quality products built with an emphasis on simple design, maintaining the craft of cooking, and using local and sustainable materials. We strive to give our customers the tools to understand and navigate their nutritional, culinary and spoon-licking lives. Whether you’re a cupcake baker, a kimchi pickler, a quinoa connoisseur, or a leftover-reheater— whoever you are, whatever you’re eating, we’re here to connect you to your food.

The Orange Chef  raised $3 million in a seed round led by Google Ventures and Spark Labs Global Ventures, along with NEA, Lerer Hippeau, Forerunner Ventures, Social+Capital, Bertelsmann Digital Media, and Tekton Ventures.

• Sector: Internet of Things / Hardware

• Location: San Francisco, CA, USA

• Major product: Prep Pad

• Co-investors: Google Ventures, NEA, Lerer Hippeau

• http://theorangechef.com