Daekyo and Kyobo Life Hold 'AgeTech Wave' Demo Day
[Asia Economy Reporter Kwak Minjae] Daekyo announced on the 26th that it held a demo day to share the technology verification results with startups that participated in the ‘AgeTech Wave’ contest together with Kyobo Life Insurance.
Since May, Daekyo has been collaborating with Kyobo Life Insurance to conduct the AgeTech Wave contest to revitalize the AgeTech industry, which is senior-friendly technology. Through this, they discovered promising startups in the senior field and selected a final 10 companies to collaborate with both parties.
The startups collaborating with Daekyo are LiveLively, Rosh Korea, Omni C&S, Able Therapeutics, and ForParents. The startups collaborating with Kyobo Life Insurance are Amazing Food Solution, Goi Funeral Research Institute, Eogada, Moon Academy, and Travel Shop.
Both companies jointly conducted technology verification for about nine weeks in areas including ▲ senior health diagnosis and management solutions ▲ early diagnosis and prevention solutions for dementia ▲ overall senior life services ▲ health functional foods and customized diet solutions.
Through this demo day with Daekyo and Kyobo Life Insurance, they confirmed the possibility of follow-up cooperation and plan to review joint commercialization and follow-up investment to establish long-term cooperative relationships with outstanding startups.
Both companies plan to cross-collaborate the startups they have previously worked with to discover and verify additional new items. They will also provide additional follow-up commercialization support funds at Seongsu, Seoul Business Agency.
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A Daekyo official said, “We hope that the various ideas verified targeting seniors this time will lead to commercialization and create new services that can improve the quality of life for seniors,” adding, “We plan to continue close cooperation with participating startups to advance Daekyo’s senior total care service brand, ‘Daekyo NewEve.’”
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