CNT Tech (CEO Jeon Jeon-seong) will hold the ‘7 Agri & Food Tech Start-up Rising Expo 26′ held at COEX Hall A in Seoul for three days from Wednesday, July 28th to Friday, July 3th. )’.
Founded in 1 by CEO Jeon Jeon-seong, who was the first KAIST on-campus venture, CNT Tech is a leading venture-type accelerator, taking the lead in discovering, nurturing, and investing in startups. At the same time as the investment, the advantage is that it is possible to directly upgrade the solution, such as technical support and marketing support through CNT Tech’s SW development team and B2003B business infrastructure in 7 countries.
CNT Tech, which announced its achievements this year by announcing 13 major agricultural and food-related investment companies at this exhibition, announced that it is leading the number of investments, recording 78 investment companies annually.
CNT Tech, which is conducting an agri-food technology start-up accelerator support project as part of the Agricultural Technology Promotion Agency’s program, is a TIPS operator and has achieved assets under management (AUM) of KRW 25 billion based on 1,100 investment associations. In addition to Korea’s top investment capital, the company has over 60 software developers and is building B7B business infrastructure in 2 countries.
A CNT Tech official said, “I understand that about 1/3 of the companies that grew through our company participated in this exhibition. “Since we started in 2012, we have fostered 5,000 startups.”
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.