Ubergizmo’s Better of Korea-US Startup Summit

Ubergizmo was invited to be a jury member of the International Media Awards of the Korea-U.S. Startup Summit (aka, Korea-US SMEs go TOGETHER) innovation occasion held in New York Metropolis on September 20 and 21, 2022, and we obliged. For an summary of the occasion, learn our previous post.

After speaking to greater than 20 corporations at numerous pavilions and evaluating their merchandise and applied sciences, now we have nominated 5 corporations whose merchandise resonate with us. Right here they’re beneath, in reverse order:

#5 Lawfully

Lawfully is a service that helps hopeful US immigrants monitor their circumstances with the US Immigration Providers. CEO Joon Ahn leads the corporate, and one in all its co-founders is an NYC immigration lawyer.

Having gone by means of the visa, inexperienced card, and US Citizenship course of, I may have an knowledgeable view of their product. Lawfully makes use of the most recent authorities knowledge feeds and processes to provide potential immigrants a world perspective that’s up to date day by day, generally a number of occasions.

For instance, it’s attainable to know if the precise immigration middle wherein an individual’s file is making regular progress by monitoring the variety of circumstances processed day by day. By analyzing the successes and rejected circumstances, Lawfully can even spot particular ache factors and lift consciousness to customers as they file their purposes. That might save months by avoiding a re-submission, for instance.

The essential service is free, however there are premium options, and extra correct knowledge customers will pay for. There’s additionally the potential of asking inquiries to immigration attorneys and get a reply in minutes. The attorneys decide the price by slices of 15mn. From what we will inform, costs within the vary of $45-$65 are cheap for this service. Lawfully pockets a small price because the intermediate.

General, I’d have used this if it existed again then to make sure that issues have been transferring and that the data I submitted didn’t want further warning.

#4 Teuida Inc

Teuida is a Korean-learning app for English or Vietnamese audio system. The app takes a distinct method by specializing in real-world conditions the place you’ll be able to perceive the context and vocabulary, and grammar.

That is a wonderful methodology of studying languages, for my part. I Communicate three languages (English, French, and Vietnamese), and this system seems fairly conducive to quick and sturdy studying, for my part. That’s in stark distinction with different strategies I’ve been uncovered to, particularly the tutorial model we’ve discovered at college.

Primarily based on their knowledge, Teuida observed that greater than 90% of their customers are ladies (teenagers to younger adults) studying Korean as a result of they observe KPOP artists or TV Present actors. They’ve added interactions primarily based on these matters and universes that may present further incentive and enjoyable to their consumer base.

Teuida CEO Ji Woong Jang talked about that nearly everybody within the firm speaks multiple language, and I can’t consider a greater technique to relate to their clients.

#3 POEN

POEN stands for POsitive Vitality and is a startup targeted on re-purposing used battery packs. As such, they’re forward of the incoming wave of used batteries, which I about to hit the world as EV skyrocket in reputation.

Battery recycling is a difficult drawback and an afterthought for many of the trade and the final discourse round going “all-electric.” Nevertheless, it’s one of the vital essential challenges to sort out if we wish to make that inexperienced future occur.

POEN goals to rebuild new battery packs by re-using particular person cells when attainable and re-grouping them collectively into a brand new pack. They work with various kinds of cells and have developed a failure trigger evaluation and inspection methodology that permits them to identify cells that may be reused.

In some circumstances, it’s attainable to reconstruct a battery pack match for an electrical car (EV), which is the most suitable choice. Different occasions, the cells might be re-assembled into packs destined to less-demanding purposes corresponding to energy banks or e-bikes.

CEO Seong-Jin Choi talked about that if the batteries aren’t usable, POEN can discharge them with a self-developed system and course of the uncooked supplies to recuperate the essential elements to provide the “Black powder,” which is crucial to Lithium-Ion batteries.

#2 Mycell

Mycel is an organization that makes use of mushrooms’ mycelium (the basis construction) as its base element to provide synthetic leather-based and even meals merchandise. The thought got here from Mycel CEO Sungjin Sah and has yielded an impressively shut replica of leather-based.

Even upon shut inspection and contact, it’s troublesome to inform if it’s real leather-based since Mycel can reproduce the appear and feel of real leather-based and its pure sturdiness. In accordance with the corporate, the Mycel leather-based efficiency is comparable nearly to pure leather-based.

Since leather-based has fallen out of grace due to adjustments in company practices and its excessive carbon footprint, a product of this high quality satisfies high-end manufacturers looking for higher ESG scores with out compromising the standard.

As for the meals facet, Mycel factors out that it may produce a pure ingredient that may add texture to a plethora of plant-based meat merchandise. Nevertheless, whereas the market is doubtlessly bigger, there’s a have to customise the mycelium product for every area/tradition. That may be a well-known problem, and corporations like Coca-cola or McDonals adapt their merchandise on a regional foundation.

#1 Greenwhale International

Greenwhale global has impressed us with a bio-degradable,non-toxic, plastic materials that appears and feels similar to our digital devices’ common plastic (one may even eat it). Nevertheless, their bio-degradable product will fully disappear after a few years, whereas plastic would possibly keep round and stay poisonous for hundreds of years.

Greenwhale’s bio-plastic will not be solely better-looking than any competitor we’ve seen, additionally it is cheaper to provide, a big benefit in an trade the place prices drive many selections. Whereas their product stays 1.5X dearer than polluting plastics, it’s as much as 2X extra reasonably priced than bio-degradable alternate options.

And similar to common plastics, Greenwhale’s bio-plastic is delivered in pellets, and there are solely minor tweaks to the manufacturing line to make use of it.

That stated, Greenwhale founders Jiyoung Hwang and Taekyun Yoon notice this product is natural, so if uncovered to fixed moisture, some decay would possibly seem, in contrast to polluting plastic. That stated, the instant purpose is to interchange one-time-use plastic corresponding to plastic luggage, utensils and different merchandise with quick life spans.

Filed in Events. Learn extra about Innovation, Korea, New York City and Startups.

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