Lotte Ventures Selects L-CAMP 13th & Future Food 5th Cohorts to Foster AI, Future Innovators
Lotte Ventures, Lotte Group's Corporate Venture Capital (CVC), is accelerating its efforts to secure future growth engines through strategic partnerships with innovative startups. The company recently announced the final selection of 10 pro...
Lotte Ventures, Lotte Group's Corporate Venture Capital (CVC), is accelerating its efforts to secure future growth engines through strategic partnerships with innovative startups. The company recently announced the final selection of 10 promising startups to participate in its L-CAMP 13th and Miraesikdan 5th programs.
L-CAMP, Lotte Ventures' core acceleration program, focuses on establishing a close cooperation system between startups and Lotte Group affiliates by assigning dedicated investment reviewers to each company. In particular, this selection process heavily evaluated the potential for technology development collaboration and joint commercialization with Lotte affiliates.
The selected companies span various industry sectors including AI, manufacturing, eco-friendly, IT solutions, and food tech. For L-CAMP 13th, six companies were named: Jovacs for precision agriculture solutions, A.cure for voice AI-based heart failure diagnosis, Omelette for AI logistics robot operations, Openformat for referral marketing SaaS, S.OMNI for sleep care, and TIDIV for AI-based branding.
For Miraesikdan 5th, four companies were selected: Romancive, a customized sleep food developer; Maeweolmaeju, an alcohol private brand one-stop solution; Nanu, an eco-friendly pulp container solution; and ABBR, an alternative coffee business that upcycles beer byproducts.
A total of 13 Lotte affiliates, including Lotte Wellfood, Lotte Hotel, and Lotte Mart, are participating as mentors in this program to support startup growth. Partner organizations such as the Korea Institute of Startup & Entrepreneurship Development and the Korea Agency of Education, Promotion & Information Service in Food, Agriculture, Forestry & Fisheries are also contributing. The selected companies will undergo a PoC (Proof of Concept) process with each affiliate over the next four months, receiving comprehensive support including participation in acceleration programs, voucher support, and expert office hours. In particular, Lotte Ventures' direct investment review will be actively conducted.
Approximately 70 people, including Lotte Ventures' investment reviewers and Lotte affiliate representatives, attended the orientation held on May 28th. Representatives from senior companies in L-CAMP and Miraesikdan shared successful large enterprise-startup collaboration models and growth strategies, contributing to reducing initial trial and error for the newly selected companies.
Kim Seung-wook, CEO of Lotte Ventures, emphasized, "We are focused on discovering promising startups capable of collaborating with group companies and supporting their growth through acceleration and investment." He added, "We will spare no effort in providing company-wide support to ensure co-growth with the selected startups." At the final Demo Day to be held in November, each company's achievements will be shared at the group level, and opportunities for follow-up collaborations and investment attraction will be provided to further solidify the sustainable co-growth partnership between Lotte Ventures and the startups.
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