sparklabs group deep tech sector overview 2017

Global Influence of the SparkLabs GroupFounded in 2013, SparkLabs Group (www.sparklabsgroup.com) comprises of SparkLabs Accelerator, Asia’s premieraccelerator network, with operations in South Korea (1st launched in 2012), China, Hong Kong and Taiwan (2018);SparkLabs Global Ventures, a global seed-stage fund; SparkLabs Capital, a late stage investment vehicle, andSparkLabs Ventures, our new early-stage fund for South Korea.

Our team previously has led investments in Siri (sold to Apple), DeepMind (sold to Google for over $500M), Spotify(board member), Studio Ex (co-founded, sold to Disney), Hostway (co-founded, sold to a PE fund) and others. We havebeen advisors to King.com (NYSE: KING), OpenFeint (sold to GREE for $104M), Disney Interactive, and others.

We have invested in 155 companies across all of our entities and across 6 continents. Some of our companies areMemebox, which closed $126 million total in their Series C in 2016; Payoff, a leading financial wellness company,closed $46 million Series C in 2016; Andela closed their $24 million Series B in 2016, and was the first investment forthe $45B Chan Zuckerberg Initiative; Lifesum closed their $10 million Series B with Nokia Growth Partners leading in

2016; and Petnet closed a $10 million Series A with Petco as their lead in 2016. We are a young firm that is excited about the future and passionate about helping entrepreneurs across the globe.SparkLabs Group has built a strong early stage deep tech portfolio with investments in AI, VR & AR, autotech, IoT, fintech and health tech sectors. Because of this experience, we were chosen as the exclusive co-investment partners for Entrepreneur First’s Singapore program, the first Barclays FinTech Accelerator class, and the exclusive innovation partner for SongDo, a $35 billion smart city built from the ground up in South Korea.

Global Influence of the SparkLabs Group

ArtificialIntelligence& Machine Learning

02Virtual Reality&AugmentedReality

Transportation,Logistics, SmartCities& IOT

04

03Blockchain& FinTech

Health&Wellness

01

05

DeepTech Investment Sectors

Space

06

"The most transformative ideas are typically the most contrarian until they gain massive momentum.

Cryptocurrency is one of those ideas. Digital currencies hold the promise of transforming the entire global financial system, and yet we are just beginning to see the ways in which they allow users to go over-the-top of traditional financial infrastructure and thereby reach parts of the world that banks and payment networks never could.”

Josh McFarland, Partner at Greylock

Bitcoin Surges• If you bought $100 of bitcoin 7 years ago, you would have over $100 million today.

• Peter Schiff, CEO of Euro Pacific Capital, says “Bitcoin is a gigantic bubble.”

• ”Masterluc”, a legendary bitcoin trader, predicts that bitcoin will hit $15,000 by the end of 2017.

• As of September 2017, the market cap for Bitcoin is over $75 billion

Ether’s Rise

• Ether has risen 3000% since the beginning of 2017.

• As of September 2017, the market cap for Ether is over $30 billion

Total Valueof theCryptocurrencyMarket

Source: Coindesk’s State of Blockchain Q2 2017

Blockchain& BitcoinVentureCapital Trends


• Venture capital into bitcoin and blockchain startups have been rapidly increasing every year.

• In 2016, venture capital in bitcoin and blockchain totaled under $500 million, and only a 1% increase over 2015.

“As Larry Summers said at the Consensus Conference in early May, anyone who doesn't think blockchain technologies will have a significant impact on the major systems of the world is probably wrong.

What's still unclear - aside from their use at the heart of Bitcoin, Ethereum, and every major digital currency – is precisely how and where. There are lots of distributed-database applications for which a traditional database will be more than suitable. But anywhere you're building a network that has to be resilient in the face of bad actors (intentional or not) and where you want to avoid granting just one company or government the ability to control the ecosystem, you're going to want a blockchain.”

Brian BehlendorfExecutive Director, The Hyperledger

Advisor, SparkLabs Global Ventures

Venture Partner, SparkLabs FinTech


• There has been a significant shift from bitcoin focused investments to blockchain focused investments.

Global Spending Trends for Blockchain

“We are going through a sociological transformationwhere bitcoin and the blockchain can be the vehicle tobanking the unbanked, insuring the uninsured,governing the poorly governed, and it will keep recordsand tag every piece of data.”

Tim DraperFounder of Draper Associates, DFJ, andthe Draper Venture Network. He is alsoan early bitcoin investor and overallcryptocurrency enthusiast.

SeoulBlocko is the leading enterprise blockchain company

in South Korea (2015). World’s 1st GS certified blockchain enterprise, the world’s 1st blockchainservice in banking sector, and supplied 92% of

blockchain enterprise solution projects in Korea last year.

Blockchain

LondonOrigin’s sophisticated bond market technology

platform directly connects fixed income investors with large corporate borrowers in the bond market.

Part of Barclays Techstars FinTech Program. SparkLabs Global invested in their seed round.

BondMarkets Tech

SparkLabsDeepTechPortfolioHighlights: Blockchain& FinTech

SeoulSentbe is the leading bitcoin remittance company in South Korea. The overseas remittance market in

South Korea is about $40 billion.

Bitcoin

StockholmCRYEX mission is to provide equal access to the FX

market for all market participants in an easier, faster, transparent, and more cost efficient way. CRYEX

objective is to establish efficient, pre-‐ and post-‐trade infrastructure solutions for currency trading.

Blockchain


LondonAI driven credit scoring system. Aire API deploys seamlessly into the existing web and mobile

workflow of the online credit application forms of typical banks and lenders

Part of Barclays Techstars FinTech Program. SparkLabs Global invested in their seed round. Recently closed A round led by WhiteStar and

Sunstone

Silicon ValleySelfScore technology combines online profiles, phone/sensor data, psychometric questions and

network-‐based feedback to provide smart credit scoring insights to users and contextual information.

SparkLabs Global invested in their seed round. Their Series A was led by Accel and Aspect Partners.

Credit ScoringCredit Scoring


"Blockchain is the technology that is going to have the greatest impact in the next coming decades by disrupting services like finance, healthcare, cybersecurity, real estate, identity verification, insurance, retail, IoT, transport and many others. SparkLabs has already invested in a number of blockchain companies around the world and we are going to continue make significant investments globally in this space fueling the next generation of the Internet.”

Net Jacobsson, Co-founder & Partner at SparkLabs Global Ventures

@Net

“AR excites me because by the end of the year about 400 million people will get on it just through Apple devices and it opens up a new world where every surface will have new kinds of personalized meaning applied to it.”

Robert ScoblePartner, Transformation Group

• AR/VR could hit $150 billion revenue by 2020, with AR taking the lion’s share around $120 billion and VR at $30 billion.

AV& VRMarketOverview

• Mobile AR could become the primary driver of a $108 billion VR/AR market by 2021 (underperform $94 billion, outperform $122 billion), with AR taking the lion’s share of $83 billion and VR $25 billion.

Source: Digi-‐Capital


VR/AR investment is now moving beyond AR/VR innovator VCs to early adopter VCs, and the next 12 months could see early majority VCs joining in the fun.

Source: Digi-‐Capital


Source: BOM

Source: BOM

Based on the unweighted average of the aforementioned projections, this market will grow more than 20-fold from $1.1 billion in revenue in 2016 to $24.3 billion in 2020.


Goldman Sachs expects the following nine sectors to drive the software market: videogames, live events, video entertainment, healthcare, real estate, retail, education, engineering and defense. The three biggest markets in both 2020 and 2025 will be entertainment, healthcare and engineering.


Silicon ValleyDoubleMe provides a novel 3D capture system,

HoloPortal™, that converts 2D videos into dynamic 3D models in real-‐time for various 3D content markets

SeoulUrbanbase is focused on making 2D floor plans into 3D models in a matter of minutes. This dimension changing

solution is powered by a unique algorithm.

VRTech VRTech

SparkLabsDeepTechPortfolioHighlights: VR& AR

San FranciscoEmergent VR, Inc is a technology startup in San Francisco building a new way to create and share moments and

memories using virtual reality. They are led by VR, game, and animation industry veterans from Disney, 2K Games,

and DreamWorks Animation.

SingaporeVRcollab is a multi-‐user VR communication tool to

replace floor plan and 3D based discussion to VR-‐based discussion. Allowing for an impressive experience and an intuitive understanding of both space and design for

better workflow optimization

VRTech VRTech

SparkLabsDeepTechPortfolioHighlights: VR& AR

“I believe VR's biggest contribution to humanity is in the mental health and job training whereas entertainment is secondary.

VR for mental health and job training is one of the few technologies and applications that return real 10x-100x productivity gains. Since VR directly accesses our visual cortex, this gives ample opportunity for behavioral change;; good or ill. At Presence, we have a handful of companies in our portfolio that treat autism, chronic pain, and job orientation and training in a virtual environment. ”

Phil ChenPartner at

Presence Capital

Presence has invested in over 30 AR/VR companies

“Everything is getting connected. It started off with PCs and routers and continues to expand to every device in your home and in your city. But, it is not the underlying connectivity technology that matters most. That will always evolve, getting faster and more ubiquitous - it’s a given. The question is what can you do on top of the connectivity? You need something on the other side to connect with -whether it’s a device, a service, a cloud, storage or whatever entity comes next. If you think it makes sense to have your car connected to Alexa in the cloud, then what can you do with that? Connectivity provides a platform for creativity and innovation to occur, which will bring the future."

Kurt HoppeGlobal Head of Innovation -Connected Car at General Motors

@kurthoppe

MobilityMarket

Source: Goldman Sachs Global Investment Research

MobilityMarket

Source: Venture Scanner

Mobility& AutoTech Startups

AutoTechMarketMap


CarMakers Communications Software

Source: Business Insider

The ‘connected car’ is creating huge new business opportunities for auto, tech, and telecom companies. It seems that everyone is entering this space from car makers, communication companies and major software companies.

ConnectedCarOpportunities

• Self-driving cars is projected to be a $87 billion opportunity by 2030• Carmakers and technology developers building self-driving cars will create opportunities in hardware, software, and sensors, with software emerging as the biggest winner, even though a fully autonomous driverless car will remain elusive (Lux Research)

Source: Lux Research

AutonomousVehicleOpportunities

• Sales of connected cars will equal $2.3 trillion in 2020. The current average selling price of a connected car is much higher than the national average, but that will drop as carmakers connect their economy lineups.

• Connected car hardware and software will bring in $152 billion in 2020. Driver assistance systems, such as self-parking features, will become more common and generate a lot of revenue for carmakers.

• Shipments of autonomous vehicles are expected to top 180,000 by 2020.

Number of total connected cars on the road Shipments of autonomous vehicles by 2020

AutonomousVehicleMarket: 220 MillionConnectedCars by 2020

Connected-CarRevenueFromProviding Systems

AutonomousVehicleMarket: Connected-Car Revenue

Source: Business Insider

• 44% of all autotech deals were early stage deals (Angels/Seed and Series A rounds).

• By geography, California is by far the furthest ahead, with more than 60 deals at autotech.

• There has been a lot of activity outside of the U.S., especially in Asia. Mobileye, an Israeli company, went public, and China and India have seen a handful of financings in autotech industry.

Top Investors inAutoTechCompanies

Deals IntoAutoTechBySeries

AutoTech Investments

Source: CB Insights

CarVi was started because of a tragic road accidentthat took away 3 lives of our friends. CarVi and self-driving cars solve the same problem: vastlyreducing human driving error. However, only amicro-percentage of consumers will be able toafford a self-driving car. While all driversunderstand the importance of safety on the road, noteveryone is able and/or willing to pay a high price forsafety features. CarVi aims to bring the mostaffordable safe driving technology.

Dinesh C

Co-founder & Chief Creative Officer at CarVi

SparkLabsDeepTechPortfolioHighlights: Mobility

SeoulFESCARO is a specialized automotive-‐security startup developing a solution which can be

applied to mass production of self-‐driving and connected cars.

Founded by former ECU developers and white hackers, it is currently developing a new

leading-‐edge technology.

SeoulRokwon IT develops an IOT-‐based, real-‐time monitoring, control, and 3D visualization solutions for logistics and supply chain

management. The company’s Virtual Terminal and Eagle Eye Server products enable clients such as ports to reduce costs by streamlining processes through

sensor-‐based real-‐time data.

San FranciscoLocusLabs provides the platform and tools that enable apps to be location-‐aware on a micro level. LocusLabs is going a level deeper than

existing mapping solutions by not only mapping just places, but people, products and things

using technology that scales. Current customers include United Air, American

Airlines, British Airways, Kayak and others.

AutoTech Transportation Logistics Location Logistics

SparkLabsDeepTechPortfolioHighlights: AutoTech& Logistics

“Industrial IoT will dramatically change how many Fortune 500 companies operate. This is not only about environmental sensors and sensors integrated into the manufacturing processes, but we believe real-time visualization along with all of this new data is essential to companies making the best and right decisions at critical moments.”

N3N was Cisco’s first internet of things investment in the world. The company is an IoT visualization company based in Seoul and San Jose, CA. Their clients include Samsung Electronics, LG Display, Posco (3rd largest steel company in the world), Hyundai Motors, and others.

Jimmy Kim

Co-founder & President of N3N and Co-founder of

SparkLabs

Our team believes Industrial IoT will be bigger than the consumer IoT space. With over 13 billion connected devices in the world and millions more coming online every week, the amount of data that we are collecting is amazing. From street signals to manufacturing plants to construction cranes to jet engines, the aggregate data companies collect will be overwhelming and exciting at the same time as they try to figure out what to do with it and how best to analyze and apply the knowledge gained from all of this new data.

The SparkLabs Group team identifies 3 current areas of innovation and growth in the industrial IoT space:

• Artificial Intelligence / Machine Learning

• Security• Sensor Driven Computing

Industrial Internet of Things: SparkLabs Insight

Source : BI Intelligence Estimates

• The number of IoT devices connected will increase to 25 billion by 2020.

• Connected homes seems to be the leading sector, however, all sectors are expected to exponentially grow.

As prices for semi-conductors fall and connectivity technology develops, more machines are going online. Appearance of smart objects is the main driver of IoT industry’s development.

Industrial Internet of Things: MoreMachines areGoingOnline

The Industrial IoT market size was $181.3 billion in 2013, and it is expected to reach $319.6 billion in 2020 at a CAGR of 8.15%. (MarketsandMarkets).

Industrial Internet of Things: Forecast ofGlobal IoTMarket

Our team identified 3 current areas of innovation and growth in the industrial IoT space: Artificial Intelligence / Machine Learning, Security, and Sensor Driven Computing.

• AI & Machine LearningThis might be the most critical aspect of industrial IoT since gathering all the data from millions or billions of sensors is useless without insights and learning.

• SecurityMost of the IoT space is relatively unsecured, so this is a high priority for private and public sector leaders. From Jeep hacks to baby monitors, people have been shown how unsecure connected devices really are.

• Sensor Driven ComputingWhile very early, the potential of sensor driven computing is enormous. Think Google Now for manufacturer, industrial robots and smart cities. It could be an automated world beyond our current imagination.

Industrial Internet of Things: GrowthSectors

Category Company Sector News

Tech Giants

Cisco

Infrastructure

Hosted Internet of Things World Forum that shows 250+ real-world deployment examples of companies and municipalities around the world are applying the Industrial Internet to drive efficiencies.

GERealized more than $1 billion in incremental revenues in 2014 by helping customers improve asset performance and business operations through Industrial Internet capabilities and services

SiemensLaunched a new $100 million “Industry of the Future Fund” to fund early-stage start-ups in industrial automation and other digital technologies that can transform future manufacturing

Huawei TelecommunicationThe acquisition of Neul, the UK-based Industrial Internet startup, that was one of the key supporters of the weightless standard for

low-power M2M Communications

Startups

RetailNext Retail Enables retailers and manufacturers to collect, analyze, and visualize data about in-store customer engagement.

DeepMind(Acquired by Google)

ArtificialIntelligence

Models eschew pre-scripted forms of artificial intelligence and instead rely on experiential learning based on rudimentary

capabilities using deep learning

Airware Aerospace/DronesThe aerial information platform for the rapid development and safe operation of commercial drones, providing hardware, software and

cloud services

Matterport 3D printing Enables create a realistic 3D model and share over the Internet using sensor technology.

Industrial Internet of Things: Major Players

San FranciscoBioInspira is building safer cities by providing a sensor-‐

enabling detection grid for natural gas leaks, and delivering remote and real-‐time leak monitoring and risk prioritization to utilities and any parties of interest for

safety, security, and environmental purposes.

SingaporeHydroleap revolutionizes the wastewater treatment

industry by replacing chemical treatment with electrical treatment. Their Patent-‐pending technology uses

common metals such as aluminium/iron and lowers the power consumption to reduce the cost of treatment by 10 times. Team has PhDs and engineers with expertise in-‐

water treatment, electrochemistry, membrane and electrical.

Environmental TechEnvironmental Tech

SparkLabsDeepTechPortfolioHighlights: Smart City& Environment

Gujarat, IndiaOizom is an environmental solutions company. Started with a life-‐centric approach, Oizom builds data driven solutions for natural resources: air, water, soil, and

energy. Through an ecosystem of products and machine-‐learning data-‐science, Oizom’s instruments aims to make the environment understandable and predictable. Such as Polludrone, which an advanced ambient air-‐quality

monitor for cities.

EnvironmentalMachine Learning

SparkLabsDeepTechPortfolioHighlights: Smart City& Environment

SydneyFreestyle has built a CDP (Connected Device Platform)

targeting utilities, but will expand into logistics, agriculture, healthcare and other verticals in the coming years. Their primary product is a microengine for remote services that can be integrated into any device within 1-‐2 months. Devices such as electricity meters, smart plugs, street lights, and others. The company has 31 patents and current deployments exceed 4,000 households in

Taiwan, Korea and China.

Utilitiesmonitoring

Dublin & San FranciscoDrop is developing a full Kitchen operating system applying technology and design to simplify and

streamline cooking, making it easy for anyone to take their kitchen skills to the next level. Drop’s focus begins with baking. There are over 30 million bakers in the U.S. alone and for many of them finding and following a recipe is a frustrating process that often leads to

unpredictable results.

KitchenOS

SparkLabsDeepTechPortfolioHighlights: Smart City& SmartHome

SingaporeSensorFlow is an end to end product that makes buildings energy efficient. Customers pay a monthly subscription.

The company has a proprietary solution that is easy to install which enables hotels and other buildings to save 20% on their energy bills.

Energy Efficiency

The impact of AI on the workplace is incredibly interesting, as I believe it will accelerate theshift of power from West to East. In Asia, China and Singapore recognize the huge impact thatAI will bring, and both are spending billions on re-educating their workforces, training millionsin AI and machine learning in preparation for the future. This will result in more talented AIresearchers and developers than the West, opening up many more possibilities for AIdevelopment and education in Asia. It is entirely possible that the next majorbreakthrough in AI comes outside Silicon Valley, just like DeepMind which was builtin London, as Silicon Valley continues to underestimate the rapid development ofAI research in the rest of the world. This is tremendously exciting for us at SparkLabs,with our extensive portfolio in “frontier tech” in Asia, curated from our SparkLabs acceleratorsand our partnerships with great company builders like Entrepreneur First in Singapore.

Frank MeehanCo-founder & Partner at SparkLabs Global Ventures

Prior to SparkLabs, Frank led Horizons’ investment in DeepMind and sat on the board of Siriuntil it was acquired by Apple.

Source: Statista

Overall AI Investments byCorporates andStartups

Source: McKinsey & Company

Source: Statista

AdoptionofAI byCorporates

Source: McKinsey & Company

Source: Statista

Overall AI Investments byCorporates andStartups

“AI breakthroughs are moving out of the labs and intobusinesses big and small. The democratization ofAI will progressively enable every company andindustry to automate processes and optimizedecisions, and every connected user to have asubstantially more efficient interface paradigm throughwhich to get things done.” Adam Cheyer

Co-Founder at Siri & Co-Founder at Viv

Source: Statista

AI Investment by Subsectors

• Majority of AI research and development is focused on general machine learning for multi-use purposes. This was estimated to be between $5 billion and $7 billion in 2016.

• Second major spending of external AI investment is computer vision. This was estimated to be between $2.5 billion and $3.5 billion in 2016.

Source: Statista

Annual FundingofAI

Global AIMarket Projected tobeWorth $19.5 Billionby 2022

• Artificial intelligence market is expected to reach $19.5 billion by 2022, growing at a CAGR of 45.4% from 2016 to 2022.

• The developments of more human-like robots and increase in their deployment rate in the developing regions have had a substantial effect on the overall artificial intelligence (AI) market.

Source: Statista

(Allied Market Research)

• As of 4Q 2016, there are 1,464 AI companies in 13 categories across 73 countries, with a total funding of $8.5 billion


AIMarket Players

“A $100 billion market by 2020 has opened up for analytics alonein manufacturing and industrial IoT. This is a vibrant marketfor startups where incumbents are struggling to createsustainable value addition. Global Fortune 2000 companiesare learning from Falkonry how to transform their operationsusing unexploited operational data as they pursue an expansivevision of higher quality, performance, throughput, and availability.”Nikunj Mehta

Co-founder & CEO, Falkonry

*SparkLabs IoT portfolio company

Princeton, NJArable combines data from weather,

environmental drivers of crop growth, and crop biological status, in conjunction with its

predictive analytics, to more accurately predict yields, quality, and optimal harvest windows.

Silicon ValleyFalkonry has democratized machine learning for monitoring by providing its AI-‐enabled solutions to its customers. The Falkonry Service provides a cognitive/AI service that can automate the interpretation of telemetry and sensor data

from industrial activity, IT processes, and high-‐end consumer assets.

BostonElemental Machines is using complex biology and chemistry-‐based processes with insights that improve research, development, and

manufacturing outcomes. By monitoring and measuring invisible environmental variables —

instrument performance and ambient temperature, humidity, air pressure, and light

levels.

Predictive analytics Machine Learning Machine Learning

SparkLabsDeepTechPortfolioHighlights: AI& Machine Learning

Silicon Valley & SeoulDreamSquare launched an AI-‐driven career

advisor platform called Talent X to help students find their right career path.

Within the platform, students can identify opportunities that fit with their personal traits

and strength

SeoulXBrain aims to create software that enables people to use machine learning technology without requiring in-‐depth knowledge.

Their product “Alice” is a cloud-‐based machine learning assistant that helps developers and data scientists to build and deploy machine

learning models.

Artificial Intelligence Machine Learning


SingaporeImmerzen is next generation immersive 3D audio technology software for VR/AR, to

replicate natural hearing in simulated worlds. An immersive 3D audio technology to

revolutionize the experiences for virtual and augmented reality.

Artificial Intelligence

SingaporeKroniKare’s solution provides front and back-‐end wound

assessment software that uses AI to mimic medical practices, improving accuracy, consistency and efficiency. It mimics humans at different level to save over 50% of

nurse’s times.


Irvine, CAKadho is a brain training curriculum specialized company which combines brain science with advanced AI and machine learning to accelerate the acquisition of

expertise of new languages.

Machine LearningArtificial Intelligence

SparkLabsDeepTechPortfolioHighlights: AI& ComputerVision

SeoulAugmented Knowledge is an augmented reality (AR)

solutions company currently focused on the airline and machinery maintenance industries. The company’s flagship product revolutionizes aircraft maintenance through the use of image recognition technology and real-‐time AR visualization of mechanical parts and the

work environment.

ComputerVision& AR

SingaporePowered by deep learning, sensor fusion, and

probabilistic planning, Movel AI is a software platform enabling robots to see and act same as humans do.

Team has deep expertise in robotics, computer vision, motion planning, and deep learning.

ComputerVision& Robotics


AI Categories

• Cybersecurity related AI investments reached over $780 million in 2016 and is continuing at this strong pace with a projected $806 million for 2017.

• Fraud detection, one of the sectors within cybersecurity, is a common application of AI and machine learning.


AI Categories• In the cybersecurity space during 2015, there were 112 M&A deals with almost $10 billion in disclosed value. In 2016, there were approximately $10.6 billion in disclosed value for M&A deals. (Hampleton)

Tel AvivProviding governments, government entities and utilities

with cutting-‐edge cyber security capabilities and strategies to be effective today and evolve for sustainable advantage in the future. Founded by the team behind the

creation of Israel’s cyber protection agency

San Francisco & Malmo, SwedenCastle.io deploys a security platform that plugs in to any environment at any level for developers to incorporate advanced security and authentication solutions in their

products. Without the need for predefined rules, professional

training, and expensive support deals.

Govt Level CyberSecurity CloudSecurity Framework

SparkLabsDeepTechPortfolioHighlights: AI& CyberSecurity

Tel AvivSAM tackles cyber security threats at the source by

securing the network gateway. Protecting communication between IoT devices at this access point ensures a safe

and secure connected home.

With a software-‐only solution, SAM uses the network gateway to protect all connected devices in the home.

WirelessNetwork Security

SparkLabsDeepTechPortfolioHighlights: AI& CyberSecurity

SingaporeMicroSec is building enterprise grade security solutions

for IoT and sensor networks.

Team consists of PhDs and researchers with expertise in cryptography, discrete mathematics, IoT and sensor

networks

IOTNetwork Security

“Today's technology gives us a great insight and understanding into peoples current well-being. By acting on these insights we have the opportunity to prevent and improve the future of health in a proactive way. By using data and machine learning we can give individuals personal guidance on how to improve their lives by making the small behavioural changes that yield the largest impact on their own health.”Henrik Torstensson

CEO of Lifesum

*SparkLabs Global portfolio company

SparkLabsDeepTechPortfolioHighlights: Health Technology• Investments into digital health exploded this year and is expected to hit over $10 billion in total.

SparkLabsDeepTechPortfolioHighlights: Health Technology• Mental health & wellness is growing into a significant category within the health sector.

• Over $200 million in venture capital was raised in 2016 and it is expected hit over $230 million in 2017.

SparkLabsDeepTechPortfolioHighlights: Health Technology

SparkLabsDeepTechPortfolioHighlights: Health Technology• The genomics market has exploded in 2017 with big investments into 23andMe(supposedly $200 milliion Series F by Sequoia and others), Color Genomics ($80 million Series C from General Catalyst, CRV, and Emerson Collective's LaurenePowell Jobs), and others.

SparkLabsDeepTechPortfolioHighlights: Health Technology• The U.S. still dominates the global genomics market with having 68% of total deals done since 2013.

• The total market is expected to hit $20 billion by 2020, which is up from $12.5 billion in 2015.

StockholmLifesum gives people personalized navigation for health and lifestyle improvement. By tapping in to mobile sensor technology and combining it with passion for design and applied psychology , we try to create delightful user experience that improves health for the mainstream.

Sensors/ Psychometric


SeoulSkylabs developed an always-‐on arrhythmia monitoring smart ring that works without any user intervention. CART is the product name of their smart ring cardio

tracker that focuses on atrial fibrillation, which is a very common chronic disease.

IoTWearable

Seoul & TokyoGenoplan’s genetic-‐code-‐based solution analyzes

people’s unique genetic characteristics and provides personalized weight management solutions according to

the test results.

SeoulWayskin’s biometric and environmental sensors can make

personalized skincare recommendations. WAY helps people make smarter skincare decisions that last a

lifetime.

Genomics Biometrics


SPACE TECHNOLOGIES

SparkLabsDeepTechPortfolioHighlights: Space Technology• After hitting a peak of $2.2 billion in estimated funding the space tech, the market has cooled down the past couple years.

• After the frenzy, we believe stronger ideas and teams are being financed versus multiple “me-too” players.

SparkLabsDeepTechPortfolioHighlights: Space Technology

“$1.8 billion in commercial space startups in 2015, nearly doubling the amount of venture cash invested in the industry in all of the previous 15 years combined.”

- Fortune Magazine

“The promise of having cost-effective Internet anywhere has been long touted, but it cannot be done because of our current outdated technology which has a very high cost-per-bit! We need wireless laser communications to deliver economical, extremely low cost-per-bit backhaul for Internet anywhere. A full space laser network in low Earth orbit can then act as a data backbone for connecting any two points on the planet!Our long term goals involve extending the link from near Earth to deep space - providing extremely high bandwidth connections to upcoming lunar bases, asteroid mining rovers and Mars colonising efforts.”

Rohit Jha

Co-founder & CEO of Transcelestial

*SparkLabs Global portfolio company

SingaporeTranscelestial Technologies is building a super fast, space laser network which can provide up to 1000x speeds than current

satellite communication technology.

Current wireless technology is unable to support the growth of our population into the 21st century. By 2027, it is estimated

there will be 50 billion connected devices and people exchanging data.

Transcelestial


SparkLabsGlobal Ventures Partnership

EF Singapore’sOnly Co-investment Partner& Follow-onFundSparkLabs Global Ventures was the selected co-investment partner for pre-demo day funding of the best in the class for Entrepreneur First Singapore.

Entrepreneur First, the London-based startup accelerator focused on deep tech, launched its Singapore program in September 2016. It is EF’s first expansion abroad and is backed by Infocomm Investments, a venture capital unit funded by the Singapore government who hopes the new program will fuel the startup ecosystem in Singapore.

EF Singapore will recruit 400 technical individuals and help to find startups over the next 4 years. Entrepreneur First provides deeply technical people with £17,000 in pre-seed funding so they can build a technology startup over a six month period. In return, it takes an 8% equity stake.

SparkLabsAccelerator PartnershipSongdoCity’s Exclusive Partner6-month long Internet of Things program for seed to early-stage entrepreneurs from anywhere across the globe. While the program is based in Songdo, South Korea, global companies are not required to be located there.

• $35 billion smart city built from ground up.• 2nd largest private real estate development in history.• 80,000 apartment units• Currently over 36,000 residents• 50 million square feet of office space and 10 million

square feet of retail space• SparkLabs is the exclusive IoT test bed partner

SONGDO: Smart City

of the Future

Thank you!

www.SparkLabsGroup.com