Here they got the opportunity to introduce their innovations to attract possible investors for their enterprises to expand internationally and especially in Europe.<\/p>\n
AimbeLab<\/a> \u2013 Digitalizing the agriculture industry<\/strong><\/p>\n AimbeLab won the first prize in the competition. The company offers digital AI-based solutions for livestock farmers and feed suppliers. AimbeLab offers an internet of things (IoT) device for livestock farmers that can be installed in the feed silo. The user can check how much feed is left and what the temperature, humidity and decay of the feed are through a connected mobile app. Likewise, the daily consumption can be monitored, making it simpler to know when to re-order feed.<\/p>\n Suppliers of feed can also monitor the clients\u2019 silo content. In doing so it is possible to optimize the production needs and devise a delivery plan. \u201cIn this way, they [the feed producers] can schedule deliveries more efficiently and reduce the total number of deliveries per unit up to 30%,\u201d company communicator Sein Kwon<\/strong> states. \u201cWith the reduction of delivery, we can reduce the total amount of CO\u2082 emissions.\u201d<\/p>\n Currently, AimbeLab is field-testing their \u201csmart silos\u201d. This allows the feed monitoring device to be permanently installed in the silo from the beginning instead of being retrofitted in existing silos. \u201cWe are implementing our product not only in livestock feed but other products that use silos, for instance, grains, cement or sand,\u201d Kwon explains their expansion plans. The company is also planning to produce their own feed as a retail business in the upcoming years.<\/p>\n Following their participation at SLUSH and the contact with other businesses, AimbeLab is looking for venture capitalists and other investors in the European market. Further, communicator Kwon says: \u201cWe are open to any kind of collaboration or partnership. Especially we try to expand our market to countries abroad.\u201d<\/p>\n <\/p>\n
When CEO Byungsoo Go<\/strong> saw how his grandfather had to risk climbing up to the top of his silo every time to see if there was enough cattle feed left, he got the idea for his business. Being a third-generation farmer himself, Go founded the company in 2020.<\/p>\n