LG Electronics is significantly investing in artificial intelligence (AI) and deep tech startups. As part of this strategy, LG has committed USD 10 million as a key limited partner in the newly established Alpha Intelligence Fund (AIF) by SBVA, which is valued at USD 130 million. SBVA will curate a portfolio targeting high-growth potential startups in AI, deep tech, and robotics. This move aligns with LG’s strategic focus on innovation and transformation into a ‘Smart Life Solutions’ company. LG has also acquired an 80% stake in Athom and invested USD 60 million in Bear Robotics, highlighting its commitment to securing technologies for future growth. SBVA, under the leadership of CEO JP Lee, aims to leverage its global networks and expertise to accelerate technological innovation among startups.
Artificial Intelligence, Technology & Electronics, Venture Capital, Robotics,South Korea, United States, Netherlands, Global
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