To take part in this Samsung Electronics C-Lab Outside contest, any company registered in South Korea that is at the investment stage Series B or lower can apply by visiting the official Samsung C Lab website. In addition to the existing qualification conditions, the qualification criteria have been expanded to start-ups that are at the investment stage of Series B or lower starting this year, enabling support not only for start-ups in the early stages but also for start-ups in the full-fledged business expansion stage, as per the official post.
The C-Labs Outside contest is specifically looking for startups that are in the field of AI, Contents & Services, Digital Health, IoT Devices, Mobility, Robotics, Materials & Parts, and ESG. Some new fields are selected that will lead to positive changes in society. Apparently, materials & parts, AI, and digital health fields are the new entrants in this year's contest.
According to Samsung, through C-Lab initiatives, Samsung Electronics has nurtured a total of 866 in-house ventures and startups, which include 391 in-house and 475 outside, to date.
