Martial Arts, Promoting Participation in the UK's Smart City Testbed
On-site Due Diligence and Demo Day Conducted for Technology Verification with 8 Tech Startups
On the 17th (local time), eight domestic startups visiting the UK together with the Korea International Trade Association held a demo day attended by about 100 people, including UK government officials, accelerators, and investors, where they introduced their local demonstration strategies and technologies.
[Photo by Korea International Trade Association]
[Asia Economy Reporter Han Ye-ju] The Korea International Trade Association (KITA) announced on the 18th that starting from the 14th (local time), it visited London and Milton Keynes in the UK with eight promising domestic startups and held on-site inspections and demo days to implement local testbeds.
This 'Testbed UK' project is an inter-city testbed exchange initiative launched after more than a year of consultations between KITA, the London Legacy Development Corporation (LLDC), the facility manager of Queen Elizabeth Olympic Park, and Catapult (CPC), which oversees urban innovation solution acceleration in Milton Keynes.
On the 14th and 15th, participating startups conducted joint on-site inspections of the demonstration sites with LLDC and the Catapult Group and discussed the direction and strategy for future technology verification.
At the London Olympic Park, four companies?PiQuant (air quality monitoring solution), Ninewat (carbon dioxide emission mapping), Monit Korea (building management using IoT sensors), and Clover (aerial reconnaissance system for crime prevention)?are scheduled to conduct technology verification.
In the new town of Milton Keynes, four companies?DeepPingSource (urban floating population analysis), WiFiOne (wireless charging for electric vehicles), Nota (road traffic monitoring using CCTV), and KeySense (AI-based urban eco-level analysis)?are scheduled to conduct technology verification.
On the 17th (local time), a demo day was held with about 100 attendees, including key UK government officials related to startups, universities and research institutions, accelerators, investors, and open innovation representatives from large corporations, where the eight Korean startups introduced their local demonstration strategies and technologies.
Jonathan Greenwood, manager at Innovate UK, the UK's innovation support agency, said, "Korea also has a very active innovation ecosystem, so future cooperation between the two countries will greatly help mutual business scale-up."
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Park Pil-jae, head of the Startup Overseas Expansion Office at KITA, emphasized, "Since 2020, KITA has established itself as an institution supporting overseas expansion of our startups by conducting testbed support projects in various countries such as Indonesia, the United States, and Spain. We will actively support domestic startups to successfully carry out this project and achieve good results not only in the UK but also in the European market."
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