42. The Power of SparkLabs:
SparkLabs IOT & Smart City Accelerator
6-month long 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.
• $35 billion smart city built from ground up.
• 2nd largest private real estate development in history.
• 80,000 apartment units
• Currently over 36,000 residents
• 50 million square feet of office space and 10 million
square feet of retail space
• SparkLabs is the exclusive IoT test bed partner
SONGDO:
Smart City
of the Future
43. The Power of SparkLabs:
Exclusive Startup Partnership
Songdo will be an amazing test bed for consumer, industrial, hardware, and other IoT startups. Our 1st
batch launch in November 2016, and has 14 startups (5 from the U.S., 4 from South Korea, 1 from
Ireland, 1 from Switzerland, 1 from India, 1 from Australia, and 1 from Taiwan) with an average raise of
$2.8 million prior to joining our program.
Internet
of things
Open
Data
Smart
Agriculture
Smart
Home
Smart
Grid/Energy
Smart
Government
Smart
Retail
Smart
Health
Smart
Mobility
SONGDO:
Smart City
of the Future
44. The Power of SparkLabs
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
from the U.S., China, Japan, Indonesia, Taiwan, Singapore, Hong Kong and others.
In 2016, we are expanded our accelerator with new IoT & Smart City program based in Songdo,
Korea. In 2017, we are launching SparkLabs Beijing and a new FinTech program in Hong Kong.
* Not a complete breakdown
18
SparkLabs Global Ventures Fund I
Demoday NO.7
Participants total
1834
Government &
Academia 224
358
746
40
Media
Investors
Startups &
Corporates
* Not a complete breakdown
Limited Partner Update
45. SparkLabs Global
Team
Palo Alto Bernard Moon
London Frank Meehan
Tel Aviv Net Jacobsson
Mumbai HanJoo Lee
San Francisco Rob DeMillo
Seoul Jimmy Kim
HanJoo Lee
Eugene Kim
San Jose Peter Chang
SingaporeJay McCarthy
Hong KongWilliam Chu
Stockholm
Editor's Notes
From financial services to healthcare to transport, incumbent companies in every industry are seeing that AI will reshape their industries. And as so often happens, transformational innovation comes from emerging companies. In the case of AI, a lot of the groundbreaking work is being done by the AI 100. The companies in the AI 100 are accelerating research, improving efficiency, and making many game-changing advancements that will be felt for decades to come,