Naver-invested Bering Lab tops at Huawei startup contest

South Korea’s artificial intelligence (AI) legal technology startup Bering Lab, with investment from Naver D2 Startup Factory (D2SF), received the grand prize of the Huawei Cloud Startup Ignite Competition 2023.

According to Naver Corp., the Huawei Cloud Startup Ignite Competition is one of the biggest startup competitions in Asia, now in its fourth year. Bering Lab is the first South Korean startup that topped this event. 

Bering Lab specializes in legal document translation services, bolstered by professional reviews from a global network of over 400 lawyers.

The startup serves a clientele of about 70 global enterprises, including Microsoft, Sony Music, and Kakao Games, as well as legal and patent offices.

Naver's startup incubator D2SF and Seoul Techno Holdings have been early investors in Bering Lab, which was also recently selected for SK Telecom's AI startup accelerator program.

Bering Lab is on track to complete the development of its Chinese and Japanese translation engines and plans to expand to major European and Asian languages by the first half of the next year.

Write to Ji-Eun Jeong at jeong@hankyung.com