Seoul National University's Startup Support Team and Altos Ventures announced that they held 'SNU IR Meet UP' to discover promising startups from Seoul National University and provide investment opportunities.
This event was organized by the Seoul National University Startup Support Team to provide a platform for pitching and investment exchange between investors and Seoul National University startups. The team operates the SNU IR Club and IR Office Hour every year, supporting innovative and promising commercialization models from Seoul National University faculty, students, alumni, and startups located in the university's startup incubation center.
Altos Ventures, based on its experience investing in leading Korean technology companies such as Coupang, Woowa Brothers, Toss (Viva Republica), Carrot, and Cream from the early stages, participated in this program to discover next-generation innovative companies and had the opportunity to conduct in-depth investment reviews of approximately four companies.
The event consisted of two sessions, beginning with investor introductions and a mini-lecture. Altos Ventures Partner Sang-il Ahn presented Altos' investment perspective, focusing on the startup and growth case of Hyperconnect. Partner Jeong-hwan Shin and Senior Research Analyst Hae-min Jeong shared key investment areas, including AI technology, and observed startup trends in the Korean market.
Following this, the four selected companies held private office hours, each holding 30-40 minute individual meetings with investors. They experienced the practical investment review process, including IR pitching, Q&A, and feedback.
An Altos Ventures official said, “More important than the technology itself are the entrepreneur’s problem definition and long-term execution capabilities,” adding, “Since AI has the potential to fundamentally restructure industries, we are focusing on entrepreneurs who can design sustainable business models, not short-term fads.”
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