SoftBank Reveals Third Round SoftBank Innovation Program Winners

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.

ThemeCompanyOverview
AI as a ServiceRetrieva

1) AI x Operation
Support for call center tasks by using AI technology

DisruptuLikeKorea

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/VReyecandylab

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

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