The Ministry of Climate, Energy, and Environment will continue its annual "K-Green Day" green technology investment attraction briefing in Silicon Valley, USA, to expand the foundation for global commercialization of Korean green technology. The event is designed to strengthen the capabilities of Korean startups and lay the groundwork for entry into the US market. Given the US, the world's largest private investment market, boasts a robust startup ecosystem and active technology investment in the environmental and energy transition sectors, securing funding and building partnerships through local investment networks is a key goal.
"K-Green Day" continues to be held in Silicon Valley.
Since 2023, the Ministry of Science and ICT has been hosting an annual "K-Green Day" green technology investment briefing in Silicon Valley. These briefings allow domestic green technology startups to present their businesses and technologies concisely and connect with local investors and industry professionals. Green tech startups' missions generally focus on addressing issues directly related to the environmental and energy transition, such as improving energy efficiency, reducing carbon emissions, and expanding the use of renewable energy. Presenting their products and services in the US allows for simultaneous verification of their technological capabilities and marketability, which is expected to accelerate follow-up investment and commercialization.
The significance and growth points of the US market
The US is a leading technology commercialization market, combining a pool of private capital, venture investment infrastructure, and the open innovation of large corporations. In the environmental and energy transition sectors, capital and customer references are crucial for scaling from pilot to commercial scale, and Silicon Valley's investment community serves as a conduit to meet these needs. The continued presence of "K-Green Day" can play a substantial role in helping Korean startups secure the global network necessary for technological advancement and business expansion, while also concretizing their US market entry strategies. If the program expands in the future, its ripple effects are expected to expand, with opportunities for linking early-stage companies to investment rounds, joint development, and collaboration in local test beds. From an industry perspective, the key lies in aligning Korean green technologies with the US's vibrant technology investment environment to create a virtuous cycle of verification and commercialization.
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