AI/IT Companies to Watch This Month

In the past month, numerous startups, recognized for their innovative technology, have consecutively been selected for TIPS (Tech Incubator Program for Startup Korea), a private investment-led tech startup support program by the Ministry of SMEs and Startups, drawing significant attention. TIPS, jointly discovered by the government and private investors, drives growth by providing selected companies with technology validation, R&D funding up to 1.2 billion KRW, and overseas expansion support. These startups, continuing their challenges in various fields, are as follows: ▲ PITCH AI (Scale-up TIPS): An AI-based outdoor advertising and retail marketing analysis solution company. It analyzes media and customer behavior with vision AI technology and has been highly evaluated for its global expansion potential, including performance in overseas markets (Japan, Vietnam) and attracting Pre-A investment. ▲ Homie AI (Global TIPS): Developed ‘Refy’, a generative AI image creation solution, showcasing commercial image generation technology that overcomes the limitations of existing AI by maintaining consistency in people and objects. It is accelerating its global market penetration through attracting US VC investment and overseas PoCs. ▲ Greenloop (TIPS): Developing 'Greenloop OS', an IoT-based apparel collection solution that connects the entire process from clothing collection to recycling. It aims to solve domestic clothing waste problems and enter the data-based carbon emission trading market. ▲ Co-ner (TIPS): Operates an AI-based commercial property transaction platform. It screens real estate listings and calculates purchase prices with an AI engine trained on over 19 million public building data points, demonstrating actual building acquisition and shared office operation performance. ▲ Bridgeworks (TIPS): Collects and analyzes receipt consumption data in real-time through the offline cashback app ‘Cashmore’. It expands performance-based marketing, previously only possible online, to offline, providing benefits to both small business owners and consumers. ▲ Bomchan (TIPS): An eco-friendly building and landscaping material distribution platform, which proposed the development of an 'AI system for stone demand prediction and distribution optimization' as its task. It aims to solve structural problems in the stone supply chain and lead the sustainable materials market. ▲ Dev.D (TIPS): A fintech company operating ‘Zip Up Pay’, a monthly rent card payment service. It digitizes cash-centric rent payment methods, offering convenience, and is promoting the advancement of AI technology specialized in real estate transactions and global expansion. ▲ SoulX (TIPS): Developed the ‘X-ROOM’ solution, which uses multimodal AI technology to enable even general creators to easily produce XR (Extended Reality) content. Recognized for its innovative technology, it is poised to enter the North American market. ▲ LOI (Deep Tech TIPS): An AI robotics-based autonomous production solution company spun off from Hyundai Motor Company. It implements 'complete unmanned' technology through 'Xelo', which automates everything from factory planning to operation, building a next-generation autonomous production system. ▲ Featuring (Scale-up TIPS): Develops multi-AI agents in the influencer marketing sector based on global SNS data analysis. It aims to expand into the global market by advancing LLM-based data analysis and automation technology. ▲ Ocqulus (TIPS): A startup developing AI-based auto-focusing glasses. It adjusts lens focus by measuring the user's gaze and distance in real-time, expanding into AI eye care services to offer an innovative solution for presbyopia patients. These startups, using their TIPS selection as a stepping stone, are prepared to accelerate technological advancement and market expansion in their respective fields, ready to leap forward as global leaders.