When Joung Ji-won, the founder and CEO of Algocare Lab, decided to apply for a venture incubator program of Samsung Electronics last year, her startup was in its third year of operation and already recognized for its innovative ideas for personalized nutrition management.
Samsung has helped nurture a total of 426 startups 182 in-house firms and 244 outside ones through its Creative Lab (C-Lab) Outside programme since 2018, and the 244 outside startups have secured an accumulative investment of 430 billion .