AiDAPPS, entered into the US market and signed an MOA with Seattle Basecamp Inc > News

AiDAPPS Co., Ltd. announced on the 28th that it had signed an MOA with Seattle Basecamp Inc in Seattle, USA on the 29th (local time) to enter the US market and attract investment.

AiDAPPS is developing a smart defecation board product used by dogs through Pet Care Lab Co., Ltd., which was established by investing for the companion animal health care business.

According to the company, the smart defecation board under development is equipped with the function of an existing urine analyzer and uses artificial intelligence (AI)-based analysis technology to detect companion animal's disease early and prevent it, thereby improving the life of a healthy pet family. It is a companion animal health care product that aims to maintain Currently, it is accelerating product launches by producing toilet bowl mock-ups, developing apps and servers, and preparing for patent and trademark applications.

Seattle Basecamp, a company that helps Korean startups enter the US market and support their growth, is composed of talented people with decades of expertise in various fields. Currently, it is affiliated with KOSME and WTIA, and has conducted projects with various companies such as the Korea Startup Center Accelerator Program. Jaehee Song, CEO of Seattle Basecamp, is an IT Tech venture accelerator and an AI Bigdata DB Engineer at VISA headquarters, and is actively consulting for Korean startups that want to enter the US market, the company said.

Through the signing of this MOA, the two companies will jointly participate in the AI2 Incubator Program and cooperate in attracting investment, jointly cooperate and strategic alliance for AiDAPPS to enter the US market, develop and consult with artificial intelligence-related technologies and platforms, and benefit from joint participation in the Microsoft for Startups Program A total of 7 agreements were made, including (MS Open AI Access, MS Tool Usage Rights, MS Cloud Service Credit Grant, Startup Scale-up and Investment Attraction)

A person in charge of AiDAPPS said, "We will proceed with the MOA with Seattle Basecamp this time and conduct market research thoroughly to launch and revitalize the product launch and activation of the AiDAPPS platform and smart defecation board in the US market." Through participation in the AI2 Incubator Program, we will be able to expect the effect of activating the artificial intelligence platform.”

* Article Date - April 28, 2023