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Looxid Labs selected as one of the 50 startup finalists for 2020 SXSW pitch

Having been selected as startup battlefield at TechCrunch Disrupt SF 2017, CES 2018 Best of Innovation Award, Gold Winner in the 2019 Golden Bridge Award, and 2020 SXSW Pitch

Rilispedia.com – Looxid Labs Inc.(CEO Brian Yongwook Chae), an AI startup aiming to integrate biometrics into a VR/AR/MR platform, has been selected as a finalist in the AR/VR category for the 12th annual SXSW Pitch® (formerly SXSW Accelerator). Chosen from a record-setting 900+ applications, this year’s finalists represent some of the cutting-edge companies from around the world in the largest group of applications since SXSW Pitch’s beginning.

South by Southwest® (SXSW®), hosted annually in Austin, Texas, is best known showcasing the latest trends in music, film and disruptive technology. SXSW Pitch has become the highlight of the SXSW® Conference & Festivals (March 13-22, 2020) Startups Track, as it attracts top innovators, entrepreneurs and investors from around the world.

The two-day event will be held the first weekend of SXSW Conference & Festivals, Saturday, March 14 and Sunday, March 15, at Downtown Hilton Austin. SXSW Pitch will feature finalists across the following 10 categories including Artificial Intelligence, Robotics & Voice, AR/VR, Blockchain, Consumer Technology & CPG, Health, Wearables & Wellbeing. Looxid Labs will present among four other companies in the AR/VR category on March 14.

“It is great honor to unveil our biometric-driven user interface at SXSW, one of the largest creative festivals for the world’s leading innovative startups,” said Brian Yongwook Chae, the CEO of Looxid Labs. “We are looking forward to leveraging this opportunity at SXSW to introduce a blueprint of our AI-driven biometric interface to identify cognitive and emotional states in AR/VR,” he added.

“Now in our twelfth year of programming, we’ve become the premier competition for the hottest trends in tech representing the future,” said SXSW Pitch Event Producer Chris Valentine. “With our largest class of applicants yet, we’re pleased to see that SXSW Pitch continues to be a stage for the tech industry’s best and brightest to showcase their groundbreaking ideas and take their companies to the next level.”

For over a decade, SXSW Pitch has played a pivotal role in shaping the early-stage venture ecosystem including successful startup launch Twitter and Foursquare, giving promising companies the resources they need to succeed when it matters most. Of the 503 companies who have participated since the competition’s inception, over 75 percent have gone on to secure funding and 16 percent have been acquired.

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