Enterprise Together with KSC
InterMinds
Sweden
Company Overview
InterMinds provides AI-based cashierless market solution, leading the automation trends of the retail industry.
Sectors
- AI, Retail Tech
Project Summary
- AI Smart Shelf Solution allows businesses from multiple sectors to operate efficient cashierless stores, open 24/7.
Business Model
- Revenue model AI Smart Cabinets (Store type, Stand-alone type) and Admin Platform Service
- Key Customer Emart24, GS Caltex, Beat Cafe, CU, office buildings, hospitals, etc.
Major Performance
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Sales
- 2018-$261K
- 2019-$278K
- 2020-$14.7K
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Investment
- $4.47M-Bridge B, Cumulative from Emart, Shinsegae I&C, and Stonebridge Ventures
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Employees
- 2018-7
- 2019-13
- 2020-6
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Patent
- Auto Cropping, Unmanned Store Sale Systems
Overseas Expansion
Stage
Preparing for overseas expansion, entering overseas market via successful POCs
Status
- [Vietnam] Setting up a representative office
- [Europe] Searching for Potential POC Partners
- [United States] Qualified CES 2021 Exhibitor
- [Japan] Building partnerships and raising funds in Kansai and Osaka with KOTRA and JETRO
Performance
- [Vietnam] Working with Ministry of Science and Technology and local partners, to install InterMinds’ AI Smart
- Cabinets inside Seoul Startup Hub in Ho Chi Minh city
Short-term goals in three years
- Research and validate European Market while testing our product at Epicenter Store.
- Work with local partners to develop a real-time O2O platform for local B2C users.
- Expand globally after a successful POC with a European company.
Products / Services
1
2
- Target Country
- Sweden
- Date of Establishment
- Aug 19, 2016
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- jjkim@interminds.ai jjkim@interminds.ai
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- Website
- www.intermindsai.com www.intermindsai.com
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- Location
- Bundang-gu, Seongnam-Si, Gyeonggi-do, Korea
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- CEO
- Jong Jin Kim
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- Founder’s Background
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- Developed and Commercialized Korea’s first IT advertising network at Interworks
- Planned and Founded MindsLab(AI Voice Assistant Company; current valuation about 91M USD)
- First to Launch and commercialize an unmanned store solution using artificial intelligence in Korea