Hyundai E&C Partners With Startups to Drive Safety Innovation

Open Innovation Demo Day Held Technology and Collaboration Results Shared With 12 Companies

Finance|
| Updated 2026.07.09. 17:49:41
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By Woo Young-tak
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Participants at the Open Innovation Demo Day pose for a commemorative photo. Photo courtesy of Hyundai E&C. - Seoul Economic Daily Finance News from South Korea
Participants at the Open Innovation Demo Day pose for a commemorative photo. Photo courtesy of Hyundai E&C.

Hyundai Engineering & Construction is strengthening its collaboration with startups to expand the field application of innovative technologies in construction safety.

Hyundai E&C said on the 9th that it held the "2026 H-Safe Open Innovation Demo Day" at Startup Venture Campus Seoul in Mapo-gu, Seoul, to share the results of its collaboration with startups in the construction safety sector. A total of 12 startups—including companies selected at the "2026 H-Safe Open Innovation Challenge" in March and firms participating in existing open innovation programs—introduced various technologies and collaboration cases spanning generative artificial intelligence (AI), virtual convergence technology (VR·XR), and safety education platforms.

The participating companies conducted technology exhibitions, investor relations (IR) presentations, and collaboration case presentations, followed by business meetings between the construction industry and investment institutions. C-Tech Solution presented field application cases of its mobile-based multilingual safety and health education platform, while Silicon Cube presented the operational results of its AI video analysis-based construction equipment license plate recognition and automatic inspection system.

Earlier in January this year, Hyundai E&C signed a memorandum of understanding with the Seoul Business Agency, the Seoul Center for Creative Economy and Innovation, and the Korea Institute of Civil Engineering and Building Technology to jointly identify innovative construction safety companies and operate open innovation programs. Hyundai E&C is responsible for planning and operating the competition, while the participating institutions handle commercialization and linkage with follow-up support programs, supporting the growth of startups and their field application.

Hyundai E&C is also continuing to expand its open innovation programs. Since 2022, it has operated various open innovation programs including startup competitions. Last year, it selected 48 startups through 15 programs and pursued proof of concept (PoC), joint research and development, joint commercialization, and new product development.

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Original reporting by Woo Young-tak for Seoul Economic Daily.

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.

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