The Gyeonggi Creative Economy Innovation Center (hereinafter referred to as the Gyeonggi Innovation Center), the operating organization of the Pangyo Startup Zone, successfully concluded the ’11th Startup 815 NEXT’ on the 10th.
‘Startup 815 NEXT’ is an IR program where the Gyeonggi Innovation Center discovers companies seeking to attract follow-up investment and actively matches fund investors in related industries. During the 10th session, 31 companies participated, and follow-up meetings were held for more than 60% of the participating companies, so the results of attracting investment are expected in the future.
This episode was conducted in the field of education. Participating companies include ▲’Daxcone’, an automatic grading and live coaching service based on digital textbooks, ▲’Landy’, a global online and offline foreign language learning platform, and ▲’Daum Career’, a user-customized career and advancement design platform through AI analysis. It proved the competitiveness of the company’s business model and its BM.
VCs participated include Platinum Technology Investment, Signite Partners, Alumni Partners, Feynman Asset Management, and Korea Investment Partners. We asked in-depth questions about the core technology, competitiveness, and scale-up strategy of the BM in question to look into investment possibilities.
An official at the Gyeonggi Innovation Center said, “In order to continue our role as a hub for attracting follow-up investments for startups, we plan to continue working to ensure that investments are made by actively matching attractive companies with professional investors in related industries.”
Startup 815 is held at each stage of startup growth in the Pangyo Startup Zone on the second, third, and fourth Thursday of every month, and plans to continuously discover promising companies to revitalize the investment ecosystem.
Meanwhile, the Startup Zone is Korea’s largest startup support cluster, established in 2017 by the Ministry of SMEs and Startups to intensively foster promising startups in new industries, and operated by the Startup Promotion Agency and the Gyeonggi Creative Economy Innovation Center.
Source: Pangyo Techno Valley Official Newsroom
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