We are focusing on Rising A.I., Cloud and Big Data sector

RisingX which is the global accelerating program operated by ROA Invention Lab helps prominent super-early startup with focus on A.I., Big Data and Cloud driven teams.
  • Operating period: May 13 – November 30
    (7 months in total, Vietnam / Thailand local road shows and demo days Scheduled for October, domestic demo day scheduled for November)
  • Application Period: From May 13 to May 31, midnight (24 o’clock)
  • Final selection: Mid-June (total 8 teams)

*WE FIND

Our RisingX Team find talented startups playing active role in A.I, Cloud and Big Data sector.
The following sectors are now opening!

Service-based Start-up (A.I. / Cloud / Big-Data)

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O2O / On-Demand
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Lifestyle
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Vertical E-Commerce
(Fashion / Beauty)
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Foodtech, Pet-Tech

Technology-based Solution Start-up (A.I. / Cloud / Big-Data)

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Block-Chain
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Medical / Healthcare
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Logistics / Distribution
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Automobile, real estate, etc.

*PROCESS

RISING X program recruitment – selection – accelerating process, schedule is as follows
(※ Schedule may change later)
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STEP. 1 – Recruitment and Selection
(May to June)
  • Recruitment: ‘19.5.13 ~ 5.31
  • Announcement of first screening result: early June
  • 2nd round screening: mid-June
  • Final passing team announcement: mid-June
※ Announcement by email
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STEP. 2 – Executing and fostering seed investment (July ~ November)
Participation of professional staff and PD in RISING X
  • Execute the seed investment immediately after selection
    (over 20K USD)
  • Tax / Accounting, Legal, Patent training and consulting for each team
  • Support for design of english business plan and 1:1 coaching of english pitching
  • Regular networking (once a month)
  • Prepare for Vietnamese / Thai local program (Road shows and Demo Day)
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STEP. 3 – Local and Domestic Demo Day,
After-Care
  • Host a joint demo day with a top-tier accelerator in Vietnam / Thailand (including booth display)
  • Host a domestic early vc fund demo day (November)
  • Open and manage separate channels within TheVC
  • Register business information by same year and continuous Updates
  • Support follow-up investment program by ROA Invention Lab

*REWARDS

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Meetings with local Asian Accelerators
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Local VC Attend Demo Day / Exhibition Booth
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Asian Market Research Opportunities
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1:1 English pitching consulting
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More than 20K (USD) seed investment per team
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Provide domestic VC target IR opportunity
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Legal, financial, and patent consulting
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Selective Space Support

*PORTFOLIO

RISING X 2018

*APPLY

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STEP. 1

Preparation of business plan
(PDF 10MB or less, free form)
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STEP. 2

Complete and submit application
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STEP. 3

Application completed
APPLY NOW

*CONTACT

  • ROA Invention Lab Inc.
  • 3F, 1B, 6, Seoun-ro, Seocho-gu, Seoul, Republic of Korea
  • risingx@roailab.com

Send Message

*FAQ

1. What is RISING X?

It is a program to support global advancement of start-up aimed at domestic promising A.I./Cloud/Big-Data BM targeting emerging Asian market countries such as Thailand and Vietnam (Rising Asian Country). It is also the Asian Accelerating Brand of ROA Invention Lab Inc.

2. What is the overseas program schedule?

RISING X Overseas local acceleration program is as follows (※ Schedule may be changed later)

– Schedule: End of September 2019 ~ Mid October (2-3 weeks)
– Place: Thailand / Vietnam (local accelerator visit)
– Details: Provides 1: 1 mentoring, professional training, demo day and other acceleration programs with top-tier accelerators in Thailand and Vietnam, partnership with local companies and VC fund networking.

3. What do you support when you participate in overseas programs?

Airline and accommodation (about 2 people per team) are available to participate in overseas programs. Details will be announced to the selection team later.

4. Do I have to invest?

We plan to make a selective seed investment only for companies that wish to invest.

5. I have already invested in Seed, can I apply for the program?

Available. It can also support companies that have already received Equity Investment. RISING X can support anyone who wants to enter or grow in the global market regardless of their investment.

6. How can I know the result of the document review after the reception is completed?

The results of the selection will be forwarded to the e-mail address you wrote at the time of application.