SmartCityX Program Launched by the Venture Firm Scrum Ventures

The KoreaTechDesk website noted that by 2050, 66% of the world’s population is expected to live in urban areas. To meet the challenges of the population’s demand for sufficient supplies of essential resources, a safer environment, sustainable infrastructure, there is an evident need to develop well-planned smart cities. With this vision to encourage and support technology-based startups worldwide, Scrum Ventures, an early-stage venture capital firm,  has launched a  SmartCityX program with the slogan “Leveraging open innovation to redefine the way we live, learn and work.” SmartCityX is an open innovation program and a global community of stage-agnostic startups representing numerous geographies and industry categories coming together with iconic Japanese corporate brands and industry thought-leaders –– united by a shared vision for making cities more livable, resilient, and sustainable.

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