Hansol Group Selects 6 Startups for 'Hansol V Frontiers 5th Cohort'

‘Hansol V Frontiers 5th Cohort’ Partners with AC Bluepoint

Hansol Group and accelerator (AC·startup nurturing institution) Bluepoint Partners announced on the 30th that they have finalized the selection of six startup teams for the open innovation program ‘Hansol V Frontiers 5th Cohort.’

‘Hansol V Frontiers’ is a program designed by Hansol Group and Bluepoint to discover and support promising startups with high potential in various fields. Now in its 5th year, the program has been supporting the growth of innovative startups leading each industry sector.

On the 12th, at the 'Hansol V Frontiers 5th Cohort' startup camp held at D.Camp in Gangnam-gu, Seoul, the six selected startup teams and officials from Hansol Group and Bluepoint Partners took a commemorative photo. Seongmin Cho, Vice President of Hansol Holdings (right in the photo), and Yonggeon Kim, Deputy CEO of Bluepoint (left in the photo)

This 5th cohort aimed to find solutions to problems in the fields of smart logistics and process optimization, digital innovation and customer experience improvement, eco-friendly material development and resource circulation, and smart energy solutions.

In the final selection process, teams with high growth potential through collaboration and PoC (Proof of Concept) with Hansol affiliates were given priority.

The selected teams are: ▲‘Grineple’ (producing pulp and eco-friendly materials from agricultural and food byproducts) ▲‘CA’ (developing and supplying recycling waste sorting robots based on vision AI technology) ▲‘Arame Eco-Material Research Institute’ (developing biodegradable nano-cellulose materials as plastic alternatives) ▲‘Omelet’ (solving business decision-making problems with generative AI) ▲‘Team Robotics’ (developing AI-based industrial mobile robot solutions) ▲‘Prediction’ (diagnosing and treating used battery conditions with software).

These startups will receive support from Bluepoint's market suitability verification program, Hansol Group engineers, and business managers' commercialization mentoring and networking programs. Additionally, outstanding companies will be provided with direct investment of up to 1 billion KRW and follow-up support such as TIPS (Tech Incubator Program for Startups) recommendations if requirements are met.

A Hansol Holdings representative said, “We plan to share the know-how and network accumulated by Hansol Group as it has grown with the selected companies to seek sustainable co-growth,” adding, “We will present a model case of coexistence and cooperation between large corporations and startups.”