4

Spark Labs

Accelerator founded by entrepreneurs for entrepreneurs.
Spark Labs
Number of Employees
0 - 50
Headquarters
Seoul, South Korea
Established
2012
Social Media
Summary

SparkLabs Group is a global venture capital firm and startup accelerator that provides early-stage startups with the resources, expertise, and network they need to scale and succeed in the global technology industry. The company has a presence in major innovation hubs around the world, including Seoul, San Francisco, Beijing, and Tel Aviv.

SparkLabs' investment approach is focused on identifying and supporting exceptional entrepreneurs who are developing groundbreaking technologies that can change the world. The company provides startups with a range of resources, including seed funding, mentorship, and access to a global network of industry partners, investors, and customers.

In addition to its investment activities, SparkLabs also operates a number of startup accelerator programs, including SparkLabs Korea, SparkLabs Cyber+Blockchain, and SparkLabs Energy. These programs provide startups with intensive mentoring, coaching, and access to resources that can help them accelerate their growth and achieve their goals.

History

SparkLabs Group is a global venture capital firm and startup accelerator that was founded in 2012 in Seoul, South Korea. The company was founded by entrepreneurs and investors Bernard Moon, Hanjoo Lee, Jay McCarthy, and Net Jacobsson, with the goal of supporting and investing in early-stage technology startups around the world.

Since its founding, SparkLabs has grown into a global organization, with offices in Seoul, San Francisco, Tel Aviv, and Sydney. The company has launched several startup accelerators, including SparkLabs Korea, SparkLabs Cultiv8 (Australia), SparkLabs Taipei, and SparkLabs Connex (Tel Aviv).

In addition to its accelerator programs, SparkLabs also operates a venture capital fund, which invests in early-stage technology startups. The company's investment focus is on companies that are working on innovative technologies in areas such as artificial intelligence, blockchain, fintech, healthcare, and cybersecurity.

SparkLabs has invested in over 280 startups across the globe, including notable companies such as Nodle, Freenome, and Naver's Line Corporation. The company's portfolio includes startups from a wide range of industries and sectors, reflecting its broad investment focus.

Overall, SparkLabs has established itself as a leading venture capital firm and startup accelerator, with a strong track record of supporting and investing in innovative technology startups around the world. The company's global network, deep industry expertise, and commitment to supporting early-stage entrepreneurs make it a valuable partner for startups looking to scale and succeed in a competitive market.

Investment criteria

SparkLabs' investment criteria include several key factors that the company looks for in potential portfolio companies. These include:

  • Innovative technology: SparkLabs looks for companies that are working on groundbreaking and disruptive technologies that have the potential to transform their respective industries.
  • Strong team: The company places a strong emphasis on the team behind the startup, looking for entrepreneurs who have a track record of success, strong technical expertise, and a clear vision for the future.
  • Scalability: SparkLabs invests in companies that have the potential for rapid growth and scalability, with a business model that can be replicated in multiple markets.
  • Market potential: The company looks for startups that are targeting large, untapped markets with significant growth potential.
  • Traction: SparkLabs prefers to invest in companies that have already demonstrated some level of traction, such as early customer adoption, revenue, or partnerships.
Values

SparkLabs Group is a global venture capital firm and startup accelerator that is guided by a set of core values that inform its approach to investing and supporting early-stage technology startups around the world. These values include:

  • Entrepreneurship: SparkLabs is deeply committed to supporting and empowering entrepreneurs, recognizing the critical role that they play in driving innovation and economic growth.
  • Innovation: The company places a strong emphasis on innovation, seeking out and investing in companies that are developing groundbreaking and disruptive technologies.
  • Collaboration: SparkLabs values collaboration and partnerships, recognizing the importance of working together to achieve shared goals and drive collective success.
  • Diversity and inclusion: The company is committed to promoting diversity and inclusion, both within its own organization and in the startups that it supports.
  • Impact: SparkLabs is driven by a desire to make a positive impact on the world, seeking out and investing in startups that have the potential to create meaningful change and solve important problems.
Mission

SparkLabs Group is a global venture capital firm and startup accelerator that is dedicated to supporting and empowering early-stage technology startups around the world. The company's mission statement reflects its commitment to this goal, stating:

"Our mission is to identify and support exceptional entrepreneurs who are developing groundbreaking technologies that can change the world. Through our investment and acceleration programs, we provide startups with the resources, expertise, and network they need to scale their businesses and succeed in competitive markets."

Portfolio

SparkLabs Group is a global venture capital firm and startup accelerator that has invested in over 300 early-stage technology startups around the world. The company's portfolio includes companies across a range of industries, including artificial intelligence, blockchain, fintech, healthcare, and cybersecurity.

Some notable companies in SparkLabs' portfolio include:

  • AccuChain: A blockchain-based platform for supply chain management and traceability.
  • Chiliz: A fintech company that provides blockchain-based fan engagement solutions for the sports and entertainment industries.
  • Cognitivescale: A provider of AI-powered enterprise software solutions.
  • CyberMDX: A healthcare cybersecurity company that provides solutions to protect medical devices and networks from cyber threats.
  • Suki.AI: A healthcare AI company that provides a voice-enabled, clinical digital assistant for doctors and clinicians.
  • Venuetize: A mobile app platform that enables venue operators to engage with their customers and provide personalized experiences.
  • Wiliot: A developer of battery-free Bluetooth tags that can be attached to everyday items, enabling them to be tracked and monitored in real time.
References
Spark Labs
Number of Employees
0 - 50
Headquarters
Seoul, South Korea
Established
2012
Social Media