SoftBank Reveals Third Round SoftBank Innovation Program Winners

May 31, 2018 @ 10:57 am By Samantha Hurst

SoftBank Corp. announced on Thursday results for the third round of its SoftBank Innovation Program, which is a program that seeks a wide range of innovative solutions and technologies from around the world to consider for commercialization. SoftBank reported it will tie up with eight companies from Japan and abroad to conduct test marketing and consider future commercialization.

SoftBank stated that the innovation program aims is to create new value by combining the innovative solutions and technologies of other companies with SoftBank’s own resources.

“SoftBank selects applications that it deems to be innovative and superior and then provides funding for prototype development, environments for test marketing and other forms of assistance. Based on the test marketing results, SoftBank considers product or service commercialization. In addition, starting with this round, SoftBank may also consider investing in applicant companies.”

SoftBank also reported that the SoftBank Innovation Program’s aim is to create new value by combining the innovative solutions and technologies of other companies with SoftBank’s own resources. The third round of the SoftBank Innovation Program was open to five categories—AI as a Service, Disrupt, EdTech, Home, and AR (augmented reality) / VR (virtual reality). SoftBank received approximately 300 entries and selected eight from the AI as a Service, Disrupt and AR / VR categories to consider for commercialization.

The winners of the program are listed below.

Theme	Company	Overview
AI as a Service	Retrieva	1) AI x Operation Support for call center tasks by using AI technology
Disrupt	uLikeKorea	2) IoT x Livestock Livestock management platform that utilizes IoT devices
	UsideU	3) AI x Sales/Customer Support Hybrid AI solution for remote communication or multi-modal automated communication
	Nihonshu Oendan	4) IoT x Sake Smart sake brewing service that uses IoT devices
AR/VR	eyecandylab	5) AR x Media Solution that displays AR content on TV screens
	ObEN	6) VR x Avatars Solution that generates mobile/AR/VR compatible realistic 3D AI avatars, authenticated and secured with blockchain
	wrnch	7) VR x Motion Solution that enables free movement of avatars in the VR space
	Salin	8) VR x Social Platforms Media communication platform in the VR space

Reg A - Form 1-A Filings Beta

Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.

YTD: Jan 1, 2026 - Oct 23, 2026 vs Jan 1, 2025 - Oct 23, 2025

Number of Filings131Prior 125 +4.8%

Target Raise, Total$3.40BPrior $3.54B -3.9%

	This YTD	Year prior	Change
Filings	131	125	+4.8%
Target raise	$3.40B	$3.54B	-3.9%

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Source: DisclosureQuest. Initial Form 1-A only.

Created by Crowded Media Group

This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.

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