CUBIG Corp. (CEO Minchan Chung) announced its participation in “COMEUP Stars 2024” at COMEUP 2024.
COMEUP Stars 2024, the flagship segment of the global startup festival COMEUP 2024, will feature competitive IR pitching sessions in “Startup Valley.” 50 teams will compete, including 30 Rookie League companies, 10 Runners League companies, and 10 from the Rocket League, selected by the advisory committee and COMEUP House recommendations. Finalists, underscoring the event’s global reach, represent 13 countries, including South Korea, the U.S., the Netherlands, Sweden, Denmark, India, and Türkiye.
CUBIG leverages privacy-based secure synthetic data to address AI data shortages caused by strict data privacy regulations. Established by experts with nine years of experience in AI and security, CUBIG highlights its distinctive expertise in the field.
The company has achieved significant milestones, including securing seed investments from Naver D2SF and VNTG, forming agreements with NAVER Cloud for PoC projects, obtaining a $240K guarantee from Korea Technology Finance Corporation’s U-Tech Valley, licensing AI-powered synthetic medical beauty data generation to Tongro Image Co., Ltd., registering LLM security solutions on Korea’s public procurement platform, and earning the Global Innovator Award at NextRise. CUBIG also secured Pre-A investments from CNT Tech, KDB, and Intops Investment, received the Ministry of Science and ICT Minister’s Award, and conducted PoC projects with the Republic of Korea Air Force and SKT.
The company’s flagship solution, DTS (Data Transform System), enables data owners to generate secure synthetic data directly on their local servers without exposing original data. CUBIG claims DTS retains up to 99% of the original data’s performance while preventing reverse engineering through differential privacy techniques.
Another solution, azoo, converts regulated data into synthetic data, enabling previously restricted data transactions. Azoo supports synthetic data integration (SynFlow), analysis tools using LLM and RAG technology (DataXpert), verification (SynData), and transactions (azoo market). Beyond transactions, azoo facilitates seamless data integration, analysis, and validation, helping organizations maximize synthetic data’s potential.
CUBIG stated, “We aim to expand into the European market and propose solutions to U.S. companies struggling to train AI models with sensitive data. Built on cutting-edge proprietary algorithms, CUBIG is ready to lead the future of the global data market. By innovating how sensitive data is utilized and shared, CUBIG strives to drive innovation and become a key player in shaping the data ecosystem.”
COMEUP 2024 will occur on December 11–12 at Coex in Seoul, featuring innovative startups and investors from over 40 countries. This year’s theme, “Innovation Beyond Borders,” highlights startups’ roles in driving global innovation across boundaries of nations and technology. The event will feature conferences, pitching sessions, and exhibitions focusing on deep tech, inbound innovation, and SIS (Sustainable Innovation by Startup).
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