Looxid Labs Debuts Globally as a Startup Battlefield Participant - Erie News Now | WICU & WSEE in Erie, PA

Looxid Labs Debuts Globally as a Startup Battlefield Participant at TechCrunch Disrupt SF 2017

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SOURCE K-ICT Born2Global Centre

Successfully showcased its innovative product LooxidVR in front of industry leaders

SAN FRANCISCO, Sept. 19, 2017 /PRNewswire/ -- Looxid Labs announced today to showcase its emotion recognition system with eye and brain interface optimized for VR at TechCrunch Disrupt Startup Battlefield San Francisco 2017, which is known as the world's leading authority in debuting revolutionary startups. At the competition, Looxid Labs revealed LooxidVR, the first mobile VR headset for emotion recognition via brainwave and eye-tracking.

Looxid Labs showcases its emotion recognition system with eye and brain interface optimized for VR at TechCrunch Disrupt Startup Battlefield San Francisco 2017.

TechCrunch Disrupt annually brings together more than 3,000 participants, including the best and brightest entrepreneurs, investors, and tech fans as well as the most promising early-stage companies. In particular, Startup Battlefield is regarded as the very heart of TechCrunch Disrupt as the world's top early-stage startups come together to compete for the coveted Disrupt Cup, a $50,000 prize and the attention of media and investors.

This year in San Francisco, Looxid Labs was selected as one of twenty-three top notch Battlefield startups. Only the top 3% of total applicants are given such an opportunity. The past winners include names like Dropbox, Mint, Yammer and many more.

Looxid Labs is also exhibiting its world's first emotion recognition system integrated into VR in Battlefield Pavilion of Startup Alley on September 18-20th. Its emotion recognition system is composed of three main parts: unique VR-embeddable brainwave and eye-tracking sensors (hardware), machine learning algorithm, and expandable API (software). Its hardware LooxidVR features two eye tracking cameras and six brainwave sensors which are attachable and compatible with various VR headsets including HTC Vive. At the booth, Looxid Labs will offer a live demonstration of the emotion analysis process including measuring wearers' brain waves, eye-movement and pupil information via LooxidVR.

"It is really encouraging to demonstrate Looxid Labs' outstanding technology at TechCrunch Disrupt San Francisco 2017, where tech industry leaders and influencers are gathered. Based on the excellent feedback we received at Startup Battlefield, we will continue to focus our efforts on expanding the global presence of Looxid Labs," said Yongwook Chae, CEO of Looxid Labs. "We would also like to thank both K-ICT Born2Global Centre and Gyeonggi-Center for Creative Economy & Innovation - leading Korean government agencies that encourage Korean startups to reach out into the global arena - for all the support they provided," he added.

For more detailed information on the Looxid Labs, please check out www.looxidlabs.com

Contact:
Anna Jo
Global Communications Manager of Looxid Labs
anna.jo@looxidlabs.com

Jina Lee
PR Manager of Born2Global
jlee@born2global.com

About Looxid Labs

Looxid Labs has developed an emotion recognition system with eye and brain interface optimized for VR. When the users wear the VR headset, the system seamlessly measures the users' eye movement and brain activity using VR-embeddable eye-tracking cameras and EEG sensors. Then, the users' emotional states are detected and classified through machine learning algorithms. This solution can be applied to various VR applications that require better understanding of users' states and the development of more immersive VR system. Looxid Labs is a member company of the K-ICT Born2Global Centre.

About K-ICT Born2Global Centre

K-ICT Born2Global Centre is a full-cycle service platform for global expansion. Since inception in 2013, Born2Global has been setting the standard for successful startup ecosystem as the main Korean government agency under the Ministry of Science and ICT. Born2Global has expanded and transformed startups to be engaged, equipped and be connected with the global market.

About TechCrunch Disrupt

TechCrunch Disrupt SF 2017 is TechCrunch's 11th annual conference in San Francisco. The format combines top thought-leader discussions with new product and company launches. Morning executive discussions debate technology-driven disruptions in many industries, while the afternoons are reserved for the Startup Battlefield, where 20+ new companies will launch for the first time onstage, selected to present from numerous applications received from around the world. The winning company will receive a $50,000 grand prize and the Disrupt Cup at the conclusion of the conference. The conference is September 18-20th, 2017 at Pier 48 in San Francisco.

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