Over 1000 Startups Expected to Participate in CES 2024
Samsung expects startups from C-Lab to assess global market responses, strengthen their business feasibility, and meet with investors.
Samsung Electronics announced today (December 28) that it will be showcasing new innovative projects developed from its C-Lab program at CES 2024, which runs from January 9 through 12.
During the showcase, Samsung says it will highlight 15 startups and projects — the highest number the company has ever featured — at Eureka Park at the Venetian Expo in Las Vegas, the main exhibition space for startups at the world’s major tech show.
This year’s CES (Consumer Electronics Show) is expected to feature more than 1,000 startups and attract more than 130,000 visitors from around the world, including business executives, investors and media. At the event, Samsung expects startups from C-Lab to assess global market responses, strengthen their business feasibility, and meet with investors.
“The goal of the C-Lab program is to elevate a platform for startups to grow and flourish,” said Pilgyu Jeon, Executive Vice President and Head of the Creativity & Innovation Center at Samsung Electronics. “CES is the perfect venue for these exciting companies and projects to show major tech players that they belong on the global stage.”
The C-Lab program was created in 2012, and since it was established, Samsung says it has nurtured a total of 872 startups and projects. This includes 475 through C-Lab Outside and 397 through C-Lab Inside.
In particular, 537 C-Lab startups (62 from C-Lab Spin-off and 475 from C-Lab Outside) have raised a cumulative total of $1 billion in investment.
Courtesy: Samsung