innopolis Foundation Successfully Completed 'Southwest innopolis Startup Investment IR'
- Writer Manager
- Date 2023-09-22
- Views 99
- Actively Supported Deep Tech Companies in Attracting Investments in Jeonbuk, Naju, and Gunsan innopoliss -
□ The innopolis Foundation (Chairman Byeong-Sam Kang, hereinafter referred to as the "Foundation") announced that it held the "Southwest innopolis Deep Tech Startup Investment IR" at the Jeonbuk Tech Biz Center on September 22 (Friday).
□ This Investment IR was jointly planned and promoted among the innopoliss to strengthen the investment ecosystem linkage among the Jeonbuk innopolis, Naju Small innopolis, and Gunsan Small innopolis in the southwest region, and to expand investment opportunities for deep tech-based startups.
□ In particular, this event jointly identified technology-based startups with high investment potential in the southwest region and matched them with suitable investors according to their growth stages, conducting stage-by-stage IR to align the perspectives of companies and investors.
ㅇ Four promising early-stage companies, each less than three years old and in need of SEED investment (initial capital for business concretization, ranging from 200 million to 300 million KRW), conducted an IR session at the investment committee level. This session was facilitated through connections with the "Honam-Jeju Bridge Fund" management company, which is seeking investment opportunities in the southwest region. Each company was given unlimited presentation and Q&A time.
▲Dynamic Industry (CEO Hyun-Soo Kim), developing recycling technology for carbon neutrality in renewable energy
▲T-Technology (CEO Jae-Hyuk Choi), reducing harmful X-ray radiation devices
▲ Smart (CEO Joo-Ho Lee), automated grilling machine
▲ WIS (CEO Seung-Seok Chae), planar heating materials
ㅇ Four Series A companies (investment stage just before market entry, around 1 billion KRW), which had their capabilities verified by investors through prior incubation and mock IR, conducted their investment IR after sharing their IR materials in advance to enhance investor understanding. They also held investment consultations.
▲ Kosolus (CEO Sung-Hyun Kim), solvent extractant for recycling electric vehicle waste batteries cathode materials
▲ FNS Tech (CEO Chang-Geun Choi), moisture barrier pouch for secondary battery cathode materials
▲ Mirae MS (CEO Tae-Bong Yoon), electrical components for special electric equipment and modified electric vehicles
▲ Metafas (CEO Chul-Kyun Heo), drone pest control platform
ㅇ Four scale-up candidate companies, each with prior investment experience and seeking large-scale investments through Series B (post-market entry stabilization stage, 3 to 10 billion KRW) for growth, were pre-matched with financially capable VCs. They conducted pre-networking and IR sessions followed by private one-on-one investment consultations.
▲ Kai Tech (CEO Hak-Mo Kim), development of electronic module technology for hydrogen vehicles
▲ Plas Bio (CEO Seong-Geol Park), automation solution for experiments using AI robots
▲ Kookmin Bio (CEO Moon-Hee Seong), development of microbiome modulation materials using bio-health food and pharmaceutical materials
▲ Cheomdan Lab (CEO Ha-Jun Jang), manufacturing technology for high-speed bearing ceramic balls using recycled metal silicon
□ Each innopolis invited 12 evaluators from 10 firms, including Enlite Ventures (VC), Scale-Up Ventures (VC), Hyundai Technology Investment (VC), Crepton (AC), Ansel Partners (AC), the Angel Investment Association, and the Korea Credit Guarantee Fund, to meet the needs of companies at various investment stages. These evaluators reviewed the core technologies, competitiveness, and scale-up strategies of participating companies through in-depth inquiries to assess their investment potential.
□ The innopolis Foundation plans to provide additional investment attraction consulting to participating companies based on the feedback from investment institutions. The Foundation will closely support companies' success in securing investments through ongoing connections, including follow-up meetings with investors.
□ Chairman Byeong-Sam Kang of the innopolis Foundation stated, "It is significant to support promising companies facing difficulties due to the sharp decline in venture investments by pooling resources from the Southwest region for investment attraction. We will continue to strengthen the investment ecosystem linkage among innopoliss to promote company growth."
Reference | | Photos of the innopolis Innovation Startup IR |
(Photo 1) Deep tech companies and evaluators participating in the "Southwest innopolis Deep Tech Startup Investment IR" are taking a commemorative photo. |
(Photo 2) Companies and evaluators are engaging in a Q&A session through a closed IR at the investment committee level. |