MEMORY LAB Co., Ltd.
MEMORY LAB Co., Ltd. wins Industry-Up Business Contest
“Smart-city/Infrastructure Category” Grand Prix Award
Using the power of research and development, we will support innovation at operating companies and accelerate efforts to change social infrastructure.
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MEMORY LAB Co., Ltd. (Headquarters: Shibuya-ku, Tokyo, Representative Director: Kento Hatase, hereinafter referred to as “MEMORY LAB”) has announced that SUNDRED Co., Ltd. (Location: Shibuya-ku, Tokyo, Representative Director, CEO and GM: Tome) Industry-Up Business Contest (hereinafter referred to as “IUBC”) sponsored by Masanobu (hereinafter referred to as “SUNDRED”) and co-hosted by Relic Co., Ltd. (Headquarters: Shibuya-ku, Tokyo, Representative Director: Takaro Kitajima, hereinafter referred to as “Relic”) We are pleased to announce that we have won the Grand Prix Award in the
Smart-city/Infrastructure category. About
IUBC/Smart-city/Infrastructure Division “IUBC (Industry-Up Business Contest)” is a business contest for companies and groups that want to co-create new industrial businesses, such as startups, entrepreneurs, researchers, and new business groups of companies. The event was held with the aim of supporting the co-creation of new industries and realizing social implementation of business plans that emphasize the perspective of circular economy. IUBC, held this year, solicits applications from three categories: Nature/Regeneration,
Healthcare/Well-being, and Smart-city/Infrastructure, and winners will be determined through document screening, semi-final, and final presentations. 15 semi-finalists including our company (5 companies in each category) participated in the Business Contest Final Pitch on March 28, 2024, and MEMORY LAB won the Grand Prix Award in the Smart-city/Infrastructure category. Situation of the day
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About “Memory AI” provided by MEMORY LAB “Memory AI” is a technology research service that accelerates new businesses and research and development of companies. Companies that are required to respond to society’s needs through technological innovation use it to explore the applicability of their own technologies and new business areas. This service utilizes natural language processing to quickly visualize the relevance of research and technical fields based on the user’s topic of interest. In addition to approximately 300 million pieces of research information from around the world, we have built our own database that includes the latest patents, related startups, market information, etc. Through “Memory AI,” complex new business searches that normally take one to two years can be completed in three to four months.
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Comment from Kento Hatase, Representative Director: We are very honored to have won the Grand Prix in the Industry-Up Day Spring 2024 Business Contest Final Pitch “Smart-city/Infrastructure Category.” On the day of the event, excellent startups from various industries competed and presented their innovative ideas, making it a very exciting time for me. The fact that MEMORY LAB has been selected is both a driving force for our future growth and a very humbling feeling. MEMORY LAB’s mission is to quickly implement the power of research and development into society and contribute to solving all social issues. We will continue to move forward tirelessly to develop products and expand our business. Finally, I would like to express my sincere gratitude to the judges, event organizers, and everyone who supported me in winning this award. We will continue to take on the challenge of solving social issues globally through the power of research. About MEMORY LAB Co., Ltd. MEMORY LAB Co., Ltd. is a leading company in technology research with the mission of “bringing scientific wisdom to society” and aims to become a global research and development hub. By using our unique AI algorithm (natural language processing *patented) and removing barriers to research, which is the core of research and development, we will create a world where everyone can access science and technology. We are currently developing a technology research service called “Memory AI” that specializes in new businesses and research and development for enterprises. We have a huge amount of paper information, patent information, and market information in our unique database, and can shorten research that normally takes about six months to a year or more to as little as one week. Company Profile Company Name: MEMORY LAB Co., Ltd. Address: 2nd Floor, Kuwano Building, 6-23-4 Jingumae, Shibuya-ku, Tokyo Representative Director: Kento Hatase Date of Establishment: July 2021 Capital: 51,961,644 yen (February 1, 2024) Current) Company HP URL: https://www.memorylab.jp
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