Neurowiztek Inc. (CEO Ji-Yong Kim) was awarded the ‘Startup Challenge Excellence Award’ at the Try Everything 2022 Global Startup Grand Festival held from the 21st (Wed.) of September to the 23rd (Fri.) at Dongdaemun Design Plaza (DDP).
‘Try Everything’ is a global startup festival where members of the startup ecosystem such as promising startups, large and medium-sized companies, investors, and accelerators from all over the world come together. Seoul City has been hosting Try Everything in September every year since 2020 in order to revitalize the startup ecosystem.
At this event, competitions were held by combining excellent Venture Capitals (VC) in each category of the ‘Korea Challenge (Startup of 3~7 years)’ and the ‘National Startup Audition (Startup under 3 years)’.
Neurowiztek was founded to provide accurate and trustworthy sleep care service for people suffering from insomnia.
EEG measurement technology for sleep tests has the disadvantage of having the inconvenience of attaching a restraining device and inserting a conductive gel, making it difficult for the general public outside than hospitals to use. Through around 8 years of research and development, Neurowiztek developed a sleep EEG sensing system that enables high quality EEG measurement and is easy to attach. Based on the EEG data, it provides various services such as AI sleep examination, sleep induction, sleep maintenance, and refreshing wake-up call.
Neurowiztek enables the patient to conduct their own sleep EEG examinations, and two types of products, a pillow-type measurement device and a pad-type measurement device that can be used with the existing pillow, were developed for high convenience. With the integration of the AI, the more sleep EEG data it collects, the more advanced the AI becomes, providing a personalized sleep care service.
A company official explained, “Unlike other products, we use our self-developed, non-restraining EEG measurement system, which makes the accuracy of the sleep analysis superior in comparison to other products. Also, it differentiates this from others through providing EEG based sleep care services such as sleep induction, sleep maintenance, and refreshing wake-up. Also, customers may not only purchase directly, but also rent it, which relieves the economic burden.”
Meanwhile, Seoul was selected as one the global TOP 10 cities in the world to start a business this year. Various players from the startup ecosystem such as large global conglomerates, investment institutions, unicorn companies, and media companies are participating to further revitalize the Seoul startup ecosystem.
Accordingly, more than 40 programs, such as competitions, lectures, and seminars, were held at Try Everything 2022 to expand domestic startups’ global expansion and revitalize the startup ecosystem in Seoul. Various global institutions and domestic and foreign startup ecosystem experts from the South Summit, Extreme. Challenge, Startup Genome, and the U.S. Embassy in Seoul also participated.