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LG Electronics Startup Programs & Corporate Open Innovation Analysis Hardware & IoT · Consumer Electronics

LG is a South Korean multinational company that includes LG Electronics. LG Englewood Cliffs is a new building initiative that protects the Palisades and creates homes for the growing U.S. workforce. The company is focused on delivering products and services that make lives better, easier, and happier through increased functionality and fun. It strives for greatness in product leadership, market leadership, and people leadership to realize our growth strategies.
lg.com Seoul, South Korea Founded Available with StartupBlink Pro

In StartupBlink's Corporate Startup Activity Index, LG Electronics ranks #48 globally and #2 in South Korea. It ranks #16 in the Hardware & IoT industry and #5 in the Consumer Electronics subindustry.

Global
Corporate Startup Activity Index
#48
Industry
Hardware & IoT
#16
Subindustry
Consumer Electronics
#5
National · South Korea
Corporate Startup Activity Index
#2
More Ranked Corporates
Key metrics

LG Electronics Startup Activity Metrics

LG Electronics has supported 168 startups through programs and investments, with those companies raising a combined $19.2 billion over the last ten years. The company currently operates 4 active startup programs.

Overview

Explore LG Electronics's investments, startup programs, and corporate open innovation activity

LG Electronics has deployed more than $1.5 billion in startup investments through LG Technology Ventures and partnership programs, strengthening its position as one of the leading innovation-driven corporations globally.

The company currently runs 4 active startup programs supporting 168 startups worldwide across industries such as Ecommerce & Retail, Edtech, Energy & Environment, and Fintech. Its venture arm LG Technology Ventures has invested in over 77 startups since it was founded in 2018.

The corporate-innovation activity is concentrated in Software & Data, Hardware & IoT, and Healthtech, categories where LG Electronics's scale provides outsized leverage to early-stage startups.

Activity breakdown

Where LG Electronics-associated startups operate

Sector, HQ-city and program-location breakdowns for the startups associated with LG Electronics. Unlock the full breakdown with StartupBlink Pro.

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Sector, HQ-city, and program-location breakdowns for all 168 startups associated with LG Electronics are part of StartupBlink Pro.

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Programs & CVC

LG Electronics Startup Programs and Corporate Venture Capital initiatives

LG Electronics engages startups through 4 active programs, supporting 168 startups in total based on our database.

LE
LG Electronics - Direct Corporate Investments
Corporate Venture / Investment
Investment Program
34 startups
LG Nova
LG Nova
Cohort Program · est. 2021
Cohort Program
LG Nova program is to create new businesses that deliver the future of sustainability, readily accessible, socially impactful and technologically advanced living for consumers and the communi
LN
LG NOVA (Mission for the Future)
Cohort Program
Cohort Program
LN
LG NOVA InnoFest (Innovation Festival)
Ecosystem Activation · est. 2021
Ecosystem Activation Program
Annual two-day innovation festival hosted by LG NOVA (LG Electronics North America Innovation Center) with a startup pitch competition webOS hackathon and startup showcase.
LN
LG NOVA Innovation Program (Mission for the Future)
Startup Activation · est. 2021
Startup Activation Program
LG NOVA rolling open call and venture-building programme; 10-20 startups selected annually from more than 1000 submissions to co-create new businesses with LG.
LN
LG NOVA webOS Hackathon
Startup Activation · est. 2023
Startup Activation Program
Hackathon held as part of LG NOVA InnoFest 2023; 15 teams selected from 69 entries competed on the LG webOS platform.
LG Technology Ventures
LG Technology Ventures
Corporate Venture / Investment · est. 2018
Investment Program
LG Technology Ventures was established in 2018 and is the venture capital investment arm of the LG Group of South Korea. The LG Technology Ventures team consists of experienced investors, ent
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List of Startups

Top startups associated with LG Electronics

LG Electronics's top 5 associated startups have raised 43% of the $19.2 billion raised in the last ten years across all 168 associated startups, led by Claroty at $3.3 billion. LG Electronics is associated with 163 active startups and 5 exits. LG Technology Ventures supports the largest number of startups, with 77 associated startups.

Disclaimer: This is based on general open web search and prone to mistakes.

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Startups associated with LG Electronics
StartupSB ScoreIndustryHQ cityLink Type to CorporationLinked via
ElevenLabsElevenLabsSB 777Software & DataBrooklynProgram InvestmentLG Technology Ventures
AiraloAiraloSB 619Software & DataSingapore CityProgram InvestmentLG Technology Ventures
ClarotyClarotySB 582Software & DataNew YorkProgram InvestmentLG Technology Ventures
Showing 3 of 168 startupsExport to CSV →Pro

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Corporate Startup Activity Index · 2025

Global Corporate Open Innovation Rankings

Explore the top 372 corporations in StartupBlink's Corporate Startup Activity Index. LG Electronics ranks #48 globally and #2 in South Korea. It accounts for 1.2% of the measured corporate startup activity in the Hardware & IoT industry and 11.8% of the activity generated by corporations in South Korea. Unlock more granular data on each corporation with StartupBlink Pro.

Download the 2025 Report