SBA Accelerating is a program that supports growth by discovering startups with high growth potential, and can receive up to 500 million won in investment support.
In this project,, WALA was recognized for its technological expertise in the 'Fashion Image Analysis and Classification Model System through Artificial Intelligence (AI) Deep Learning' and its potential for future growth.
Founded in 2020, WALA is accelerating its overseas expansion by upgrading its “ 'Fashion Image Analysis and Classification Model System through Artificial Intelligence (AI) Deep Learning' after launching 'WALALAND,' an e-commerce platform connecting Korean celebrity fashion and lifestyle information with the global audience through AI."
"The 'Deep Learning-Based Fashion Multi-Attribute Classification Technology' goes beyond simple styling recommendations or search functions, offering detailed attribute searches such as material, design, and fit. It is anticipated that this technology could be extended to beauty and lifestyle categories in the future.
The CEO of WALA, Sungyi Lee, stated, “K-contents such as K-pop, K-fashion, and K-beauty are standing at the center of the global content market." She further expressed ambition, saying, 'By combining appealing K-content within the AI market with our fashion tech, we aim to widely promote WALA INC's position in the global market.'"
Technology innovation-type INNOBIZ certification organized by the Ministry of SMEs and Startups... Strengthen Global Gompetitiveness
WALA Inc. acquired the 'Technology Innovation-type INNOBIZ' certification following its selection in the TIPS program by the Ministry of SMEs and Startups.
INNOBIZ certification targets small and medium-sized companies over three years. This certification selects companies with excellent technological competitiveness through evaluations of their technological innovation systems and investigations into technology guarantee funds. WALA received an AA grade, acknowledging its outstanding capabilities in technological innovation, technology commercialization, technological innovation management, and technological innovation achievements, qualifying as an INNOBIZ company.
The CEO stated, 'The INNOBIZ certification serves as another excellent opportunity to showcase the company's technological prowess and competitiveness on a global scale. This year, we plan to establish a global network by participating in the world's largest IT and home appliances exhibition, 'CES 2024,' and preparing for entry into Silicon Valley as part of our initiative to enter the overseas market in earnest.'"
김신 비욘드포스트 기자 news@beyondpost.co.kr
