Mobilwithus, Lazenca AI Win Grand Prize at This Year's "G Valley Startup Competition"

432 Teams Apply, Making for 36-to-1 Competition
9 Promising Startups Win Awards at the Finals

The Seoul Regional Headquarters of the Korea Industrial Complex Corporation (KICOX) announced on the 5th that it had selected Mobilwithus and Lazenca AI as the Grand Prize winners of the 10th G Valley Startup Competition 2026.

The G Valley Startup Competition has been held annually since 2017 to invigorate the startup ecosystem at the Seoul Digital National Industrial Complex (G Valley) and identify promising startups in emerging industries. This year marked its 10th edition.

This year, the Korea Industrial Complex Corporation hosted the competition, with eight organizations participating: the Seoul Metropolitan Government, Guro-gu, Geumcheon-gu, the Korea Credit Guarantee Fund, the Korea SMEs and Startups Agency, Soongsil University, the Seoul chapter of the Korea Industrial Complex Management Association (KIBA), and the Seoul Business Agency (SBA).

Representatives of the winning companies and participating organizations pose for a commemorative photo at the awards ceremony for the 10th G Valley Startup Competition 2026, held on the 4th at the G Valley Corporate Citizenship Center in Geumcheon-gu, Seoul. Korea Industrial Complex Corporation (KICOX)

A total of 432 teams of aspiring entrepreneurs and companies founded within the past seven years applied. Of these, 12 teams passed the document screening and completed an acceleration program that included company diagnostics and one-on-one consultations with experts. Nine teams then took the stage at Demo Day.

Following the judging, Mobilwithus, which received the Seoul Metropolitan Government Mayor's Award, and Lazenca AI, which received the Korea Industrial Complex Corporation Chairman's Award, won the Grand Prize. Mobilwithus presented an embedded security platform that protects controllers for automobiles, robots, and industrial equipment starting at the semiconductor chip level. Lazenca AI presented Medibaro, a medical B2B (business-to-business) payment platform that uses artificial intelligence (AI) to analyze health insurance reimbursement claims held by medical institutions and convert them into liquid assets.

Quantum Hitech and BioBytes won the Gold Prize; Higher Corporation and Oliveworks won the Silver Prize; and Unit Lab, EJM Company, and A.Dot Cure each won the Bronze Prize.

Park Jongbae, head of the Seoul Regional Headquarters of the Korea Industrial Complex Corporation, said, "We will continue to work with participating organizations and investors to provide follow-up support and help outstanding startups expand into global markets."

This content was produced with the assistance of AI translation services.