Startup Europe Partnership is a platform established by the European Commission in 2014 with an aim to scale up Europe’s startups through strategic partnerships with global corporations. Two of SEP’s founding partners, an open innovation advisory firm Mind the Bridge based in Italy and the United States and a British innovation foundation Nesta, hold the SEP Corporate Startup Stars annually to showcase the best models of corporate-startup collaboration.

SEP Corporate Startup Stars Awards has seven award categories including ‘Accelerator’, ‘Procurement’, ‘Investment’, ‘M&A’ and ‘Open Innovation Approach’. Among these, Samsung ranked first for the highest award – ‘SEP Europe’s Corporate Startup Stars’ – this year, acknowledged among local startups in the continent as the friendliest and the most rigorous supporter in terms of company acceleration, procurement and investments.

“Collaboration between established corporates and startups benefits them both. Startups get the resources and market insight to help them scale up, while their supporters are driven with innovation and cultural change,” commented Jyrki Tapani Katainen, the European Commission Vice President for Jobs, Growth, Investment and Competitiveness. “Organizations cooperating well should be recognized as trailblazers that can inspire others.”

Roberto Mauro, Managing Director Europe, Samsung Strategy & Innovation Center (Right) is receiving the SEP Top 1 Europe’s Corporate Startup Stars Awards from Jyrki Tapani Katainen, European Commission Vice-President (© European Union, 2018 / Source: EC – Audiovisual Service / Photo: Lukasz Kobus)

“The explosion of data and the revolution in core technologies is creating incredible opportunities in nearly every sector,” said Roberto Mauro, Managing Director of Europe at Samsung Strategy & Innovation Center. “By combining venture investments with Samsung’s vast technology ecosystem – spanning innovation, research, procurement, sales, and marketing through local, regional, and corporate channels – we can enable the next wave of innovators in Europe and around the world.”

In Europe, Samsung has been engaging with startups in ways that are uniquely tailored to each market – accelerating the development of innovative products and services in industries such as cybersecurity, healthcare, retail, banking, logistics, mobility, real estate, and education.

On the wider international stage, during the last two decades, Samsung Electronics has worked tirelessly to build a broad and deep engagement with a variety of startup communities – particularly those active in hardware, software and services, mobile communications, consumer electronics, and automotive industries. Last year, Samsung invested more than $200 million in 75 startups worldwide and expects the investments to continue to grow in the future. Global startups and companies have also been provided access to a spectrum of Samsung global venture platforms, including:

• Samsung Strategy & Innovation Center (SSIC): Global organization focused on driving the next generation of growth for Samsung Electronics in the new data economy, through innovation, investment, and mergers & acquisitions
• Samsung Catalyst Fund (SCF): Evergreen multi-stage venture capital fund that invests globally in strategic ideas for Samsung’s mobile, device solutions and consumer electronics groups. Investment spans across innovation in areas that include: artificial intelligence, smart factory and robotics, digital health, autonomous systems, and cloud and data infrastructure
• Samsung NEXT: Builds, grows and scales transformative software and services to complement Samsung’s global hardware footprint. A leading driver of Samsung’s transformation into an integrated hardware and software company, Samsung NEXT combines product development, investment, M&A and partnerships under one roof. Samsung NEXT operates an $150M fund to invest in early stage software and services startups
• Samsung Ventures: Early-to-late-stage investments that are relevant to the current and next generation of Samsung products and services
• Samsung Research: Collaborates with universities, research institutes, corporates and startups to drive innovation for Samsung’s Consumer Electronics and IT & Mobile businesses

It is Samsung’s plan to foster even deeper relationships with the innovation community through knowledge exchange, strategy discussions, deal flow presentations, and collaborations with companies funded through a variety of investments and commercialization efforts. Samsung will continue moving forward to strengthen and create more partnerships with startups across the world.

SEP Europe’s Corporate Startup Stars Awards 2018 participants at the ceremony (© European Union, 2018 / Source: EC – Audiovisual Service / Photo: Lukasz Kobus)

Samsung Electronics today recognized five of the best and brightest computer science and engineering students in the U.S. as it announced the inaugural class of the Samsung PhD Fellowship. Each student will receive a Fellowship award of $50,000 as well as mentorship to support their ground-breaking research.

The new PhD Fellowship program rewards those who dare to innovate. Jointly sponsored by Samsung Semiconductor and the Samsung Strategy and Innovation Center (SSIC), the program recognizes outstanding Ph.D. students working in five areas: Software and Memory System Solutions for Data Centers; Low-Power CPU and System IP Architecture and Designs; Advanced Semiconductor Devices, Materials and Simulation; Internet of Things; and Smart Machines.

Samsung launched the Fellowship program with a call for partner universities to nominate outstanding students working on the above topics. Twelve of the best-qualified nominees were selected as Finalists and invited to showcase events at the new headquarters in Silicon Valley or at the Samsung Austin R&D Center. Each student Finalist presented his or her research proposal to an audience of Samsung engineers, Lab directors, and innovation leaders and met many of them for interviews as well. Following these events, the five Fellows were selected from this terrific group.

Each Fellow will be connected to an engineer from one of the Samsung Semiconductor or SSIC Labs in Silicon Valley or Austin. This mentor will provide an industry perspective on their research and will invite the student to join Samsung for an internship.

“We are thrilled to be supporting these outstanding students through our Fellowship program. Samsung strives to be a leader in the creation of new technology, and a great way to do that is by supporting basic research and PhD training,” said Stefan Heuser, VP of Operations and Innovation for SSIC. “We were very impressed by the students nominated by the universities—all of them have made an impact in key areas of research. The Finalists were an even stronger group, and we are confident that they will become leaders in their fields. But the five Fellows are truly exceptional, and we look forward to working with them in the coming year. We thank the universities and all of the student nominees for their efforts and for their interest in our program.”

Following are the five Samsung PhD Fellows for 2016-2017:

• Dinesh Jayaraman, “Embodied Learning for Visual Recognition”
  • Nominating professor: Kristen Grauman, University of Texas at Austin

• Jiajun Wu, “Computational Perception of Physical Object Properties”
  • Nominating professors: William Freeman and Joshua Tenenbaum, MIT

• Joy Arulraj, “Rethinking Database Systems for Next-Generation Memory Technologies and Real-Time Analytics”
  • Nominating professor: Andy Pavlo, Carnegie Mellon University

• Niranjini Rajagopal, “Sensor Fusion and Automatic Infrastructure Mapping for Indoor Localization Systems”
  • Nominating professors: Anthony Rowe and Bruno Sinopoli, Carnegie Mellon University

• Wooseok Lee, “Exploring Future Mobile Heterogeneous Multicore System Architectures”
  • Nominating professors: Lizy John and Andreas Gerstlauer, University of Texas at Austin

Nominations for next year’s PhD Fellowship program will open in September 2016. Additional information about the Fellowship program can be found at: http://www.samsung.com/us/labs/fellowship/index.html

About the Samsung Strategy and Innovation Center

SSIC is a global organization with the core missions of open innovation in collaboration with entrepreneurs and strategic partners, investments in disruptive technologies and startups, and new business creation through M&A and partnerships. With offices in Silicon Valley, Korea, Israel, France and the U.K., SSIC’s focus areas include cloud infrastructure, smart health, Internet of Things and smart machines.

About Samsung Semiconductor, Inc.

Samsung Semiconductor, Inc., based in a new state-of-the-art headquarters in the heart of Silicon Valley, is a multi-billion dollar subsidiary of Samsung Electronics Co., Ltd. The organization provides the world’s most advanced technology for use in smartphones, consumer electronics, computing platforms, as well as servers and other data center infrastructure. Among the products developed and sold by Samsung Semiconductor are state-of-the-art memory, logic, solid state drives, LED components and LCD/OLED displays, which are enabling today’s most efficient, connected digital devices. Samsung Semiconductor also has a research and innovation center with numerous labs contributing to research and product design in logic, memory, image sensors, displays and mobile technologies.