Ravijeol Co., Ltd. (CEO Baek Geun-yeop) will participate in the ‘7 Agri & Food Tech Start-up Rising Expo 26′ held at COEX Hall A in Seoul for three days from July 28th (Wed) to 3th (Fri). )’.
LaVisual is a company that has introduced a variety of products to the market with its own steering technology and know-how. As a result, it is known that it is providing customers with about 3 product groups, as well as developing a customized product recommendation solution and subscription platform based on artificial intelligence (AI).
In this exhibition, Ravijeol introduces its own brand products and fragrance product recommendation solutions. They plan to build fragrance products based on natural ingredients such as flowers, trees, and fruits in collaboration with the flower industry and farmers, along with about 50 types of fragrance products made from raw flowers of their own brand, ‘Yangjae Dong Flower Market Fragrance’. The product line is also diversified into diffusers, room sprays, incense, candles, perfumes, hand creams, etc., and plans to provide them as a subscription platform.
The provision of products to users of the Ravijeol platform is made through a customized recommendation algorithm being developed by the company. An official explained that it will analyze factors such as user’s gender and taste with artificial intelligence (AI), and improve consumer satisfaction with recommended products through continuous data accumulation and learning.
Ravijeol said, “As a result of research on various stories in the process of developing and upgrading steering technology, we developed this platform to meet consumers with products with various themes such as seasons, emotions, MBTI, and places.” It is also of great significance to publicize the results of solution development through exhibitions and to secure consumer taste data by operating a scent curation kiosk.”
“Among countless competitors in the industry, Ravijeol actively develops a platform based on cutting-edge technology to differentiate itself, and aims to grow into a company specializing in digital centers that provides so-called ‘FoD (Fragrance of Damand)’ services.” Furthermore, we will seek to advance into the medical field with Biocent, which improves sleep disorders with medical hemp ingredients,” he said.
Meanwhile, at AFRO 2023, the largest Agtech & Foodtech event in Korea, domestic startups with global growth potential in Agtech, Foodtech, and Green Bio will exhibit products and services to solve various problems in the agriculture and food industries, Various programs such as conferences discussing the present and future of Agtech and Foodtech and investment briefings (IR competitions) are held. This exhibition is hosted by the Ministry of Agriculture, Food and Rural Affairs and supervised by the Korea Agricultural Technology Promotion Agency, NH Nonghyup, COEX, and the Korea Food Tech Council.