– Operation of a material informatics solution that produces predicted experimental results with 95% accuracy
– Technology verification completed by over 80 global companies including Singapore, Korea, China, and Japan
Global accelerator Sparklab Inc. (CEO: Yujin Kim) announced that it has invested in Polymerize (CEO: Eunkyu Park), a new materials research and development AI solution company. This investment is the first investment that Polymerize has attracted in Korea.
Founded in Singapore in 2020, Polymerize is a company that provides material informatics solutions in the form of SaaS (Software as a Service) that support efficient new material research and development processes through data-driven pre-prediction.
Polymerize operates over 35 proprietary AI machine learning models combined with expert chemistry knowledge data. It is characterized by deriving expected experimental results with an accuracy of close to 95% when researchers simply input information on compounds, raw materials, and process methods.
Through this, Polymerize customers can shorten the development period by up to 50% compared to the existing method of repeating numerous experiments to find the optimal material, and can also understand complex experimental data at a glance and manage it systematically through a separately provided dashboard.
Polymerize, which operates local branches in Singapore, Korea, Japan, and China, has currently had its material informatics technology verified by over 80 global companies, and with this investment, it plans to expand the scope of its application to various industrial fields such as ▲batteries ▲semiconductors ▲3D printing ▲textiles ▲plastics ▲cosmetics.
SparkLabs CEO Kim Yu-jin said, “Traditional R&D methods have structural limitations that require a lot of time and money, which can be resolved through Polymerize’s AI technology,” and “We will actively support Polymerize so that it can establish itself stably through cooperation with domestic companies.”
“Strategic alternative material development and sustainable material innovation are essential in the rapidly changing materials industry market,” said Park Eun-gyu, CEO of Polymerize Korea. “We will expand our R&D team in Korea and accelerate technology development to make Korea a hub for materials industry innovation.”
Meanwhile, Polymerize was selected for the K-Startup Grand Challenge program hosted by the Ministry of SMEs and Startups and the Korea Institute of Startups and Entrepreneurship Development, and won the grand prize at the 2024 K-Startup Grand Challenge (KSGC) Demo Day, beating out 1,716 teams from 114 countries around the world. Through this, it is rapidly expanding its domestic pipeline, such as pursuing a contract with a major chemical materials company along with a prize of 150,000 dollars.
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