Another Real, Selected for TIPS Program by Ministry of SMEs and Startups with Logistics Field-Specific Multimodal Vision AI Solution

27 Dec 2024


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Another Real (CEO Valeria Kim), an AI-based video analysis company, announced that it was finally selected for the 6th round of the Startup Growth Technology Development Project TIPS program. 

The TIPS program is a startup support system that supports early-stage technology businesses with innovative technology ideas. 

It is a program that fosters early-stage technology companies with excellent technology items through investment and support from the private and government sectors. 

Startups selected for TIPS can secure up to $400,000 in research and development funds over two years, and can also receive additional funding support for commercialization funds ($76,000) and overseas marketing ($76,000). 

Another Real is developing multimodal vision AI technology to provide the optimal safety accident prevention and management solution for next-generation logistics sites. 

The multimodal vision AI solution is a solution that utilizes thermal imaging cameras and general RGB CCTV cameras to provide various vision AI analysis functions for complex logistics sites. 

By resolving the limitations of existing vision AI solutions that only utilize RGB cameras through thermal imaging cameras, it is possible to predict and manage risk factors in logistics sites in advance. 

In addition, it strengthens the monitoring function to easily check thermal images and RGB images, and provides an analysis result visualization function that can protect the safety of workers and improve work efficiency. 


Another Real CEO Valeria Kim said, “We will solve the difficulties of the logistics industry through the latest AI technology and contribute to building a smarter logistics environment,” and “Through this TIPS program, we will rise as a technology company leading the global logistics market.” 

Through the TIPS program, Another Real is expected to receive investment and mentoring for innovative technology development, further expanding its potential to enter the global market, and it is expected that much attention will be paid to how Another Real’s multimodal vision AI solution will be utilized in domestic and international logistics sites in the future.