Samsung NEXT

Samsung NEXT Ventures is an investment arm of Samsung NEXT, a multifaceted innovation group within Samsung Electronics dedicated to identifying new growth opportunities that will define the next decade. The firm prefers to invest in artificial intelligence, fintech, blockchain, health technology, infrastructure, and media technology sectors.

Royi Benyossef

Investment Director

Iskender Dirik

Managing Director and General Manager

Lizzy Goldman

Investor

Emily Koster

Director of Communications

Yonatan Machado

Senior Investment Director

Nick Nigam

Principal, Seed to Series B Venture Capital Investments

Caroline Rehfuss

Investor

Past deals in Intellectual Property

Vectara

Series A in 2024
Vectara is a provider of a generative AI product platform that enables the integration of advanced AI features into various applications. Its offering includes a serverless Retrieval Augmented Generation (RAG) API platform designed to embed generative AI functionality into chatbots and other products, relying on a robust hybrid-search core. This platform ensures accurate and contextually relevant responses, addressing critical challenges for enterprise adoption such as reducing hallucination, enhancing explainability, enforcing access control, and allowing real-time updates of knowledge. Vectara's technology also emphasizes data security and supports multilingual capabilities, making it suitable for a broad range of applications including conversational AI, question-answering, and semantic search. Through its innovative platform, Vectara helps businesses create effective AI-driven experiences while maintaining compliance with intellectual property and bias considerations.

Story Protocol

Series A in 2023
Story Protocol is a web3 technology developer focused on transforming the creation of narrative universes. The company provides a platform that allows creators to develop and govern narrative plots with ownership and incentive, facilitating the creation, control, and licensing of intellectual property on-chain. By establishing an ecosystem of modular story elements, often referred to as "story legos," Story Protocol enables creators to remix and compose narratives, fostering innovative storytelling while ensuring that creators retain rights and benefits from their work.

Dank Bank

Pre Seed Round in 2022
Dank Bank is a venture-backed trading platform that specializes in fractional ownership of NFTs representing authentic memes, viral videos, and other iconic moments from internet culture. The platform allows users to collect and trade these fractional NFTs, facilitating investment in the intellectual property of their favorite creators. By connecting fans with the creators of popular content, Dank Bank enables users to support their preferred artists while gaining a stake in their future success. Additionally, users benefit from community perks such as merchandise and tickets to live events, enhancing their engagement with the creators and the broader community.

DiscreetAI

Pre Seed Round in 2019
DiscreetAI provides a decentralized machine learning platform that focuses on privacy-preserving technology for mobile, web, and server applications. The company's open-source developer tools allow organizations to train machine learning models without compromising the privacy and security of sensitive data. By ensuring that data remains on the host during the training process, DiscreetAI enables the use of larger datasets than traditional centralized methods would allow. This approach not only enhances compliance with data protection regulations but also empowers developers to create secure online marketplaces for big data transactions. DiscreetAI serves a diverse clientele, including Fortune 500 companies, helping them address complex real-world challenges through innovative machine learning solutions.
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