Gyeonggi Province and the Gyeonggi Province Economic and Science Promotion Agency (hereinafter referred to as Gyeonggi Province) announced that they had achieved the success of discovering 40 excellent startups through the ‘Pangyo Startup Investment Exchange Meeting’ and securing investment worth about 3 billion won from 5 participating companies. .
The investment exchange meeting is an opportunity to provide one-on-one consultation and exchange between startups less than seven years old in Pangyo Techno Valley and professional investors such as venture capital (VC) to increase the likelihood of startups attracting investment.
Starting with the first recruitment of participating companies in April this year, a total of 40 companies went through a support process such as upgrading investment information (IR) data and pitching (investment attraction announcement) consulting, and held 4 investment consultations and 2 exchange events (networking). Participated in meetings, etc. Even after the event ended, we continued to provide support, including linking funding agencies with external investment programs and providing guidance on government support projects.
Through this support, Shine Games, a mobile PVP game company, is in the process of attracting 3 billion won worth of investment in the form of a joint investment (club deal), and two investment companies have confirmed an investment of 2 billion won. In addition, a number of companies, including ‘Desert Fox Entertainment’, a 3D mobile exhibition service company, and ‘GT High Tech’, which has cutting-edge core material manufacturing technology used in displays, semiconductors, and automobile electronics, received positive reviews from investors and invested about 1 billion won. has been confirmed or is in progress.
Even after the end of the project, Gyeonggi Province and Gyeonggiwon will actively support the financing and investment attraction of Pangyo Techno Valley startups by activating exchanges with professional organizations such as startups and accelerators, VCs, and strategic investors established through this project.
Source: Pangyo Techno Valley Official Newsroom
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