StartX has witnessed, along with the rest of Silicon Valley, a renaissance in hardware startups, particularly connected devices. Therefore, we intentionally sought out premiere, global hardware companies with a presence in the Valley looking for such technologies. Samsung, with its Global Innovation Center (GIC) and Digital Media & Communications (DMC) R&D Center, fit that mold perfectly.
The Global Innovation Center is a gateway for startups around the world and the larger Samsung organization. The GIC is focused on creating breakout software and service products that power the best consumer experience on Samsung devices and appliances.
Digital Media & Communications R&D Center of Samsung (DMC R&D Center) is a research hub concentrating on core and advanced technologies in consumer electronics and home appliances. DMC R&D engages with early-stage startups through joint development and IP acquisition to accelerate innovation. Key interest areas include but are not limited to connected sensors, power solutions, wearables, consumer robotics, optics, health monitoring, and machine learning.
Given Samsung’s broad product and technology portfolio, including medical devices, a partnership with the accelerator is of great mutual benefit to both Samsung and StartX. Samsung is interested in StartX to offer strategic support and get early exposure to the best technology and talent coming out of the Stanford student, alumni and faculty communities.
StartX and StartX Med support more than 220 fast growing startups and 560 entrepreneurs working on challenges in biotech, consumer internet, enterprise, mobile, gaming, hardware, and healthcare IT.
Samsung joins us with Signature Partner status (our highest tier of partnerships) for the Spring and Summer 2015 sessions of StartX. We are thankful for their financial assistance with our community-driven program.