Jeju Creative Economy Innovation Center (CEO Lee Byeong-seon) announced on the 23rd that a Japanese investor in the 'Startup Korea Korea-Japan Jeju Startup Fund (hereinafter Korea-Japan Jeju Startup Fund)' visited Jeju to inspect promising startups in the province and discuss the formation of the fund.
This visit was attended by 13 people, including Jeong An-woo, CEO of Seven Star Partners, a fund co-manager (GP), co-founders Seo Young-ui and Ahn Young-il, and Yukinori Yanagita, CEO of YFP Clea Consulting, as well as Japanese businesspeople and Korean-Japanese investors. They visited Jeju Special Self-Governing Province and met with the Vice Governor to discuss ways to expand startup cooperation and investment exchange between the two countries.
The delegation also toured Contec Co., Ltd. and Jeju Basalt Co., Ltd., which invested seed money, and attended a corporate IR held at the Jeju Center.
The Korea-Japan Jeju Startup Fund was jointly operated by Jeju Center and Seven Star Partners, which were selected in August for the "2025 Startup Korea Fund Investment Project." The fund aims to be launched within the year. Participants included Koreans living in Japan, Japanese companies, Jeju Special Self-Governing Province, local companies, public corporations related to strategic industries, and universities.
After the fund's formation, the plan is to invest more than 60% of its capital in venture companies in the top 10 ultra-gap sectors, focusing on startups in Jeju and outside the metropolitan area. Furthermore, the fund will prioritize support for technology startups with high potential for global market expansion. Through these efforts, the fund aims to develop Jeju into a hub for innovative startups in Asia.
Jeju Center CEO Lee Byeong-seon said, “Through the Korea-Japan Jeju Startup Fund, we will focus on fostering companies in the ultra-gap and global sectors, revitalize the Jeju and domestic startup investment ecosystem, and support their entry into the Japanese and global markets.”
- See more related articles
You must be logged in to post a comment.