Eight Korean, overseas startups selected at D.Day X Global League ... - Pulse News

FUNCTION12 presenting [Photo provided by D.Camp]

Eight startups, including four from Korea and four from overseas, have been selected at the D.Day X Global League event held by D.Camp, a startup support program operated by the Banks Foundation for Young Entrepreneurs.

The event was aimed at attracting outstanding startups from Korea and abroad, helping them expand their business globally. D.Day is a startup IR pitching event.

The winners announced on Feb. 23 include FUNCTION12 from Korea, which won the D.Camp Award, and dConstruct Robotics Pte. from Singapore, which won the Global Award. The event received over 120 applications in total, resulting in a competition ratio of 15 to 1.

D.Camp has been building global cooperation in various business benefits, incubation spaces and investment to attract outstanding entrepreneurs and innovative foreign companies to Korea, as well as to help Korean startups expand their business abroad.

The February program invited Overall Assistance for Start-up Immigration System (OASIS), Infocomm Media Development Authority from Singapore, Cento Ventures and Golden Gate Ventures as global partners.

FUNCTION12 is a subscription-based software as a service company that automates the process of converting UI/UX design into computer codes. The platform has been tested on front-end developers, demonstrating a drop in development time by over 95 percent compared to traditional methods.

dConstruct Robotics presenting [Photo provided by D.Camp]

The global award winner dConstruct Robotics is a Singapore-based company that has developed a simultaneous localization and mapping solution called d.ASH pack for autonomous robots, drones and self-driving vehicles. Robots with d.ASH pack can collect real-time environmental information and perform 3D mapping in a cloud environment, thus optimizing their movements in various industrial environments.

Signature Label from Korea is a company that provides distribution and PB development services and sales and incubation for K-brand overseas, targeting Southeast Asian markets. It connects local trusted partners and helps K-brand firms to develop marketing, distribution strategies and pricing policies with local partners. The company plans to expand its business to the entire Southeast Asian region, including Vietnam and Indonesia, as well as Japan.

Pierrot Co. from Korea operates PhoneGo, an online to offline (O2O) platform that provides smart device repair, sales, purchase and rental services. Pierrot has applied for a patent for refurbishing smart devices that can earn carbon credits and plans to enter the carbon credit trading market while launching a Pre-A funding round in the first half of this year.

DECOMAN from Hong Kong is a remodeling-focused one-stop O2O platform that algorithmically recommends suitable professionals to consumers and enables them to purchase materials and complete construction in one step, resulting in an average of 15 percent savings compared to traditional methods. It currently accounts for 80 percent of the traffic in Hong Kong’s online remodeling platform market and plans to enter the Korean market this year.

OASIS presenting at Global Meetup program [Photo provided by D.Camp]

Liberaware Co. from Japan has independently developed a small drone to fly into a space with a diameter of 20 centimeters to inspect inside ceilings and pipes that are difficult for humans to enter and provides rental services mainly to the construction and power industries. It has also developed software to turn acquired data into a three-dimensional point-cloud, and its major customers include JR East and TEPCO.

Ollang Inc. from the U.S. is a service platform that provides subtitling or dubbing services for video and audio materials. The platform can work in more than 50 languages, and unlike other competing services, it uses AI-based automation systems along with human translation experts to ensure high-quality content translation. Ollang currently has over 1,100 professional translators under contract.

AM Management from Korea develops QuantNow, a decentralized trading subscription platform, which features blockchain technology to eliminate the need for centralized control during the deposit and withdrawal process. This prevents the risk of losses due to operational issues seen on traditional centralized asset platforms.

Prior to D.Day, D.Camp organized a Global Meetup program to invite would-be and current entrepreneurs from Korea and abroad to meet with stakeholders in the Korean startup ecosystem. OASIS, a government-affiliated organization that recently moved into Front 1, introduced a plan to issue technology startup D-8-2 visas, startup preparation D-10-2 visas and trade D-9-1 visas in connection with the D.Camp project.

By Minu Kim

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