SOURCE: SparkLabs

SparkLabs

September 17, 2014 06:00 ET

SparkLabs, Asia's Leading Accelerator, Selects Ten Companies for Its Fourth Batch

SparkLabs Accepts Its First China Startup, Beacon Family Doctor, and U.S.-Based BuyFi, Which Is Expanding Its Marketing Automation Service Into South Korea

SEOUL, SOUTH KOREA--(Marketwired - September 17, 2014) - SparkLabs (www.sparklabs.co.kr), a startup accelerator in Seoul, Korea, has selected its fourth batch of companies. The ten companies range from healthcare to Internet of Things to social enterprise.

"Our fourth class ranges from bootstrapped companies with products at their alpha stage to those that raised a couple million and shipping product, but every team we selected is passionate and gritty about their companies which we love," said Eugene Kim, Principal at SparkLabs who oversees the program.

SparkLabs' ten companies in their fourth class are the following:

HUD Technologies: HUD has developed a new technology to render 3D-images of buildings by just using floor plans. They utilize algorithmic modeling instead of other methods, such as using panoramic cameras, to generate an image of the complete building.

Open21: The founder is a serial entrepreneur who has created a potentially revolutionary touch sensor for smartphones, TVs, and other electronics. There is no need for physical buttons with Open21's electric field that surrounds the device or appliance.

Tree PlanetTree Planet is a virtual tree planting game that has resulted in real trees being planted in the world. So far over 472,000 trees in 46 forests in 9 countries have been planted.

Beacon Family Doctor: A startup based in Chengdu, China that plans to enhance healthcare services in the region. They have a mobile application that connects urban households with doctors for one-time or long-term medical services.

Vengine: Vengine is building a web platform providing a hiring solution for startups that aims to tackle the lack of trust, insufficient information, and simplicity while building a standard of best practices and encouraging company culture.

Stayes (http://www.stayes.com): The company connects unrented flats with expats on extended stays in Korea. Unlike Airbnb, Stayes is focused on business travelers.

N.thing (http://www.nthing.net): N.thing seeks to connect people to the green things in life. Their primary product is Planty, an internet connected flower pot. They have a complimentary app that records your "green life" with a smart gardening diary.

Onnuri DMC: A new data management platform for mobile advertising. Their product, CrossTarget, is attempting to tackle the difficult problem of cross-platform mobile retargeting.

Mobidoo: Mobidoo provides an easy and convenient mobile stamp service to consumers and retail stores.

BuyFi (http://www.buyfi.com): BuyFi analyzes credit card purchasing behavior of customers and automatically triggers a series of 'set-it-and-forget-it' marketing programs to convert one- time visitors into multi-visit loyal customers. Currently the company serves over 10,000 merchants through its payment processor partnerships.

About SparkLabs
SparkLabs is a startup accelerator founded by entrepreneurs for entrepreneurs in South Korea. The focus will be on startup companies from the Internet, online gaming, mobile, e-commerce, digital media and healthcare sectors. The mentorship-driven program will be three months in length and provides funding, office space, a structure program and access to a top-tier network of entrepreneurs, venture capitalists, angel investors and executives. SparkLabs seeks to contribute to and help develop South Korea and Asia's startup ecosystem. For more information, please visit www.sparklabs.co.kr

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