Session 7 - May 31, 2018 (https://theiosummit.com) Trends from Silicon Valley and Beyond Video at https://vimeo.com/274181145 Bio: Bernard Moon is a Co-founder & Partner at SparkLabs Group (www.sparklabsgroup.com), a network of startup accelerators and venture capital funds that has invested in over 160 companies since 2013. It is the leading startup accelerator operations in APAC with programs in Seoul, Taipei, Beijing, Hong Kong, Sydney and others. Previously, Bernard was a Managing Director at the Lunsford Group, which is a private investment firm with holdings in real estate, healthcare and other industries. Bernard was Co-founder & VP of Business Development of GoingOn Networks, a social media platform for companies, and also led their product development where BusinessWeek recognized them in their "Best of the Web" list. ================= Subscribe to InsideOutside.io (https://insideoutside.io)

1. Trends from Silicon Valley
and Beyond

2. About SparkLabs Group

3. Global Network of the SparkLabs Group
Founded in 2013, SparkLabs Group (www.sparklabsgroup.com) comprises of SparkLabs
Accelerator, Asia’s premier accelerator 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; SparkLabs Ventures, our new early-
stage fund for South Korea; and SparkChain, our new blockchain focused early-stage fund.
We have invested in over 160 companies across all of our entities and across 6 continents. Som
e of our companies are Andela closed their $40 million Series C in 2017, Lyft closed $1 billion
from Alphabet’s CapitalG at a $11 billion valuation in 2017, Deserve’s (formerly Selfscore)
$12M Series B led by Accel, 88Rising’s $5M Series A led by WPP along with Horizons & Blue
Pool in 2017, and Memebox, which closed $126 million total in their Series C at the end of
2016.

4. SparkLabs IoT & Smart City
6-month long Internet of Things program for seed to early-stage entrepreneurs from anywhere
across the globe. This program is located in Songdo, South Korea, which is a $35 billion smart
city built from the ground up.
• $35 billion smart city built from ground up.
• 2nd largest private real estate development in history.
• 80,000 apartment units
• Currently over 70,000 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

5. SparkLabs Beijing launched in April 2017 in partnership with CITIC Guoan Academy. Guoan
Academy is a subsidiary of CITIC Guoan Group, which is the largest industrial subsidiary of
CITIC Group. CITIC Group is a leading state-run financial institutional in China with over US$514
billion in assets under management. Guoan Academy is the largest and leading professional
knowledge service provider in China's startup ecosystem.
This is nationwide partnership where SparkLabs is to launch in Shanghai, Chengdu, and
Shenzhen afterwards.
Beijing
SparkLabs Beijing

6. SparkLabs partnered with Ping An Insurance for a new fintech accelerator. Ping An Group is a
$219 billion market cap company with $121 billion in revenues, and the largest insurance
company in the world.
SparkLabs FinTech

7. SparkLabs Cultiv8
SparkLabs partnered local entrepreneurs and Australia’s Government of New South Wales
to launch a new global AgTech, FoodTech and Sustainability accelerator.

8. Our new innovation as a platform.
Bringing the SparkLabs Group experience to
drive corporate innovation, strategy and culture
change.

9. Global Innovation Trends

10. Innovation’s Big 3 Waves
• Big Five in Tech’s Innovation Wave
Alphabet (Google), Amazon, Apple, Facebook, and Microsoft continue to dominate the landscape
in current revenues, future innovations and future revenues.
• China’s Aggressive Focus on Innovation
China’s national policy has pushed it to the forefront of key industry verticals, such as AI and
blockchain. Allowing China to rapidly catch up to the U.S. in certain sectors.
• Top 10 Startup Ecosystems
Innovation is global and Silicon Valley does not have a monopoly on it. Exits ‘yes’ but not
innovation.

11. Continued Domination by “Big Five” in Tech
“The Big Five continually
reinvest much of their profit
in research and
development. Together,
they have averaged $44
billion per year in
innovation spending since
2011. In fact, they
represented five of the top
11 spenders on R&D in
2016 across all industries.”
- PwC’s Strategy&

12. Avoid Being Amazonized

13. China has 9 out of
the top 20 largest
Internet companies
in the world.
While the U.S. has
the other 11 largest
Internet companies
including the top 5.

14. Asia Overtakes U.S. in VC funding
For the first time,Asia overtook the U.S. in total venture capital invested during Q2 2017. $19.3 billion was
invested in Asian companies while in the U.S. $18.4 billion.

15. China Leading in Key R&D Verticals

16. China Shifts to Innovation Versus Imitation
• China has moved from a copycat player to innovation
leader. Similar to Japan and then South Korea before them.
• China’s BAT (Baidu, Alibaba, Tencent) focused on new
products and ideas.
• Global talent war with U.S. Big Five. Advantage still leans towards the
U.S.

17. Top 10 Global Startups Hubs
1.
Silicon
Valley
56
Unicorns
2.
Beijing
25
Unicorns
2.
Tel
Aviv
3 Unicorns
4.
Stockholm
3
Unicorns
4.
Los
Angeles
11
Unicorns
6.
New
York
City
15
Unicorns
7.
Shanghai
13
Unicorns
7.
Seoul
4 Unicorns
9.
Boston
6 Unicorns
10. London
9 Unicorns

18. Innovation is Global
• Silicon Valley does not have a monopoly on innovation.
• Knowledge and talent is becoming more distributed
across the U.S. and the world.
• Next Mark Zuckerberg could come from anywhere in
the world.

19. Global Opportunities

20. Sample Sectors
• Industrial IoT
• Mobility & Sensor Data Analytics
• GreenTech

21. Industrial IoT: Core Sectors
• AI & Machine Learning
This 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.
• Security
Most of the IoT space is relatively unsecured, so this is a
high priority for private and public sector leaders.
• Sensor Driven Computing
While 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.

22. Falkonry 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. Production quality and efficiency, as well as the reliability of
production systems and processes can be greatly improved by automating the interpretation of such
data in real-time.
Through simple APIs, the Falkonry Service can be rapidly embedded into applications and solutions.
No data science experts are needed and domain expertise can be easily added through its intuitive
user interface. The Falkonry Service is deployable in the cloud or on premise on modest computers.
• Sector: AI / Industrial Analytics
• Location: San Jose, CA
• Major product: “AI in a box” without need for
data scientists
Nikunj Mehta
Founder & CEO
Founded in 2012

23. Oizom is an Environmental Solution Company. Started with a life-centric approach, Oizom builds
data-driven solutions for natural resources like Air, Water, Soil, Energy etc. By evolving with
technology and through extensive R&D, Oizom Instruments aspires to set a class apart in its
measurement accuracy
and precision. Their first product is Polludrone is a solar-powered IoT ambient air-quality
monitoring system.
Through an ecosystem of products, Oizom Instruments aims to make the environment
understandable and predictable. With a dense network of Oizom Instruments and machine-learning
data-science, Oizom strives to create a sustainable living.
• Sector: Environmental services
• Location: Gujarat, India
• Major product: Pollution Monitor
Ankit Vyas
Founder & CEO

24. Mobility & Sensor Data Analytics
•Sourcing Data
•Optimizing Data
•Intelligence

25. Populus.ai
• Data from ride-share,
parking, bike-share
and other services
• 3rd party platform that
analyze and presents
data in usable format

26. N3N
• Cisco’s 1st IoT
investment in the
world
• Aggregates video,
sensor and operations
data

27. GreenTech
•Focused on environment and
sustainability not energy
•Food production & retail
•Bringing tech out of the labs

28. EF Singapore’s Inaugral Follow-on Fund
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.

29. BioInspira is building safer cities by providing a sensor enabling detection grid for natural gas leaks,
delivering remote and real-time leak monitoring and risk prioritization to utilities and any parties of
interest for safety, security and environmental purposes.
BioInspira seeks to solve such issues by providing a detection grid for real-time and remote
monitoring of natural gas leaks. The company uses virus-based Colorimetric chemical
sensors that currently detects 13 types of gases.
BioInspira is a startup company based on an award winning concept developed at the University of
California, Berkeley and Lawrence Berkeley National Laboratory.
• Sector: Biotech / Energy
• Location: Berkeley, CA
• Major product: Natural gas leak
detection systems
Ray Chiu
Founder & CEO

30. Hydroleap, are making wastewater treatment, cheap, environmental-friendly and easy. This is
achieved by replacing expensive chemical treatment with a smart electrical treatment. Hydroleap has
developed a cutting-edge water treatment technology that works the best on high suspended solid,
COD and turbid wastewater. It is well designed for wastewater from construction, food and beverage,
oil & gas, tannery, mining and semiconductor industries. It is an automated modular system that
does not need any chemicals to perform! It can be scaled economically with ease to meet the needs.
The technology works based on electrochemical principles where low powered electricity is applied to
activate the aqueous solution and form coagulant reagents to attract contaminants.
Hydroleap was part of Entrepreneur First Singapore’s inaugural class and received
investment from SparkLabs Global Ventures, our affiliated global seed-stage fund.
• Sector: Sustainability &
Environment
• Location: Singapore
• Major product: Water treatment
technology
Mohammad
Sherafatmand
Founder & CEO