Business · Companies · 52 mins ago
Lotte Ventures showcases 10 startup partnerships at innovation event
Lotte Ventures held its 2026 open innovation event at Lotte Cinema World Tower in Seoul.
The venture capital arm of South Korea’s Lotte Group brought together 10 startups that worked with group companies through its programme.
Lotte Group’s internal startup ventures also took part.
Their projects included AI-supported baby food, a platform to reduce harmful substances in food, and diet management for people using obesity medicines.
The event showed how startups and large companies can develop and test business ideas together.
Lotte Ventures plans to expand the programme into biotechnology next year, including a specialised programme with Lotte Biologics.
Lotte Ventures held its 2026 Open Innovation Day to present results from startups working with Lotte Group affiliates.
Ten startups in Lotte Ventures’ open innovation programs presented collaboration cases at the event.
The examples included AI-based baby food, a food-tech platform to reduce harmful substances and a dietary management platform for users of obesity treatments.
Lotte Group’s in-house venture teams also took part.
Lotte Ventures plans to expand its open innovation work into biotechnology next year, with Lotte Biologics.
- Who
- Lotte Ventures and 10 startups in its open innovation programs. Lotte Group’s in-house venture teams also took part.
- What
- The event showcased results from startups’ collaborations with Lotte Group affiliates.
- When
- The event was held on Nov. 11, 2026.
- Where
- Lotte Cinema World Tower in Seoul.
- Why
- To present the results of startup collaborations with Lotte Group affiliates.
This story does not have two clearly opposing sides.
Lotte Ventures held its Open Innovation Day at Lotte Cinema World Tower in Seoul.
Lotte Ventures plans to add biotechnology and run a specialized open innovation program with Lotte Biologics.
- Participating startups
- 10
- Event
- 2026 Lotte Open Innovation Day
- Venue
- Lotte Cinema World Tower, Seoul
- Planned expansion
- Biotechnology, with Lotte Biologics, next year
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Based on respect for entrepreneurs, we will go beyond pursuing investment returns and create results from growing together in actual business settings.