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LG NOVA
LG NOVA is the North American Innovation Center and strategic venture arm of LG Electronics, based in Silicon Valley. It focuses on co-creating AI-first ventures that address significant social and environmental challenges across various sectors.
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Official links
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Third-party rankings
Where LG NOVA ranks
| Ranking | Edition | Listed as | Position | Since last edition | Trust | What it measures |
|---|---|---|---|---|---|---|
 Top 50 Startup Accelerators, Ranked by Exit Rate | 2026 | LG Nova | #28 | No prior edition | C | Performance |
Overview
LG NOVA serves as the North American Innovation Center for LG Electronics, dedicated to exploring opportunities in artificial intelligence (AI) to transform industries and enhance quality of life. The organization incubates and launches AI-first ventures, particularly in health, energy, and technology sectors. LG NOVA's mission is to foster collaboration with startups and entrepreneurs to develop impactful solutions that align with LG's commitment to sustainability and innovation. Notable initiatives include the Innovation Program and the Mission for the Future, which aim to partner with startups to tackle global challenges. Led by Sokwoo Rhee, LG NOVA operates as a venture-builder, leveraging LG's resources to accelerate the growth of new businesses.
Focus
LG NOVA invests in AI-first businesses across various sectors, including health, energy, and technology. The organization emphasizes creating solutions that address high-stakes needs and areas with significant potential for change. Their investment strategy includes supporting startups through programs like the Innovation Program and the Mission Partner Network.
Support
LG NOVA adds value to portfolio companies by co-creating ventures, providing access to LG's R&D, manufacturing capabilities, and distribution networks. The organization also facilitates connections through its Mission Partner Network and offers strategic guidance to help startups accelerate their go-to-market efforts.
Check your startup’s fit
Check your startup’s fit with LG NOVASimilar investors
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Investor
InvestorFounders Fund is a venture capital firm based in the United States, founded in 2005. It invests in technology companies across various sectors and stages.
InvestorInvest in the future with OurCrowd.
InvestorCoatue Management is a global investment firm based in New York City, focusing on technology-driven investments across both public and private markets. Founded in 2011, it emphasizes early-stage startups and late-stage companies.
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