Alchera accepted to Plug and Play Japan's Summer/Fall 2020 Program

SEOUL,South Korea,June 17,2020 -- In early June,Alchera,a member company of the Born2Global Centre,was selected as part of the Plug and Play Japan's Summer/Fall 2020 Program. Alchera has been an active member of the Born2Global Centre since 2019.

 

Plug and Play Japanis the Japanese office of Plug and Play,a startup accelerator based in Silicon Valley that was founded in 2017. Plug and Play Japan operates a three-month startup incubation program twice a year for businesses aspiring to enter the Japanese market.

Alchera will be taking part in the upcoming session of Plug and Play Japan's acceleration program. The program starts with an orientation session,followed by various events,such as workshops,business matching sessions,and one-on-one consultations. Due to COVID-19,the upcoming session is being operated online. Through the program,Alchera will have the opportunity to collaborate with dozens of large Japanese companies such as Toshiba,Kyocera,and Mitsubishi Electric that are partners of Plug and Play Japan.

Alchera will be announcing its performance results (including those related to the program) at the Summit (Demo Day),to be held September 29–30,2020.

This year,thousands of businesses applied to the Plug and Play Japan program,only 20 of which (including Alchera) were selected fortheprogram participation from the Internet-of-Things (IoT) industry.

Alchera is a developer of deep learning-based video recognition software and 3D geometry-based augmented reality software,and is known for its exclusive facial recognition technology and visual anomaly detection technology (VADT). The company also developed core algorithms for Snow camera,Korea Electric Power Corporation (KEPCO),LG Uplus and Shinhan Face Pay,Korea's first facial recognition settlement system.

CTO and co-founder Young-kyoo Hwangsaid,"Last year,we were accepted to Plug and Play,one of the top four accelerators in the USA,and enjoyed many opportunities to collaborate with leading partners. We are excited to be able to work with Plug and Play in Japan again this year."

Alchera'sfacial recognition solution was applied to San Pedro Square Market in San Jose,USA,in mid-May. The solution manages the entry and exit of employees and visitors to buildings and checks for signs of fever as part oftheir ongoing COVID-19 mitigation efforts.

For more detailed information on Alchera,visit https://alcherainc.com/en/.

Media Contact

Alchera: ms.kang@alcherainc.com

Born2Global Centre: jlee@born2global.com

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