The folks from the KOREA-US SMEs go TOGETHER show invited us to visit a Korea-US startup summit in New York City this week. Although a majority of what we saw doesn’t have a direct consumer impact I found the approach many of these companies are taking to fill small market niches to be interesting.
One of the more innovative technologies was from a company called Mycel that is making leather out of mycelium mushrooms. They’re also looking at ways to make meat substitutes from their process as the texture very closely matches that of animal tissue.
You can check out my dispatch video of the event here! In full disclosure they covered our travel expenses and sponsored the trip.
The startups featured here were connected to larger Korean companies like Hyundai in the hopes that these larger Korean companies can help incubate other startups both inside and outside of Korea.