The Jeju Center for Creative Economy and Innovation (CEO Lee Byeong-seon, hereinafter referred to as the Jeju Center) announced on the 26th that it held the 'Startup Korea Korea-Japan IR-DAY', a global investment linkage event connecting Korea and Japan, at the Tokyo Innovation Base in Tokyo, Japan on January 23rd.
This event was organized to promote the formation and significance of the "Startup Korea Korea-Japan Jeju Startup Fund" (hereinafter referred to as the Korea-Japan Jeju Startup Fund), which launched last year, both domestically and internationally, and to share the first tangible results of this public-private investment partnership between Korea and Japan. The event was co-hosted by the Jeju Center, Jeju Special Self-Governing Province, Seven Star Partners, and Korea Venture Investment, and was attended by approximately 100 people, including local Japanese accelerators and venture capitalists.
Before the event began, Seven Star Partners officials were presented with plaques of appreciation from the Minister of SMEs and Startups for their contributions to the Korea-Japan Fund. Plaques of appreciation were presented to Seo Young-ui, CEO of the Tokyo Economic Center, and Jeong An-woo and Ahn Young-il, CEO of Seven Star Partners.
Following the awards ceremony, an IR pitching event was held. This IR-DAY focused on providing presentation opportunities to six Korean startups hoping to enter the Japanese market through the Korea-Japan Jeju Startup Fund and fostering practical investment matching with Japanese investors. Startups at various stages of growth participated, ranging from early-stage Pre-A startups to pre-IPO, potential unicorns.
The three childcare companies at the Jeju Center announced their potential entry into the Japanese market: Emotiv Co., Ltd., a developer of digital therapeutics for children's ADHD; Meta C&I Co., Ltd.; and Peter Peter Co., Ltd. Following the announcements, Kukulkan Co., Ltd., a logistics fulfillment service provider; and Almond Lab Co., Ltd., a jewelry commerce platform, showcased the capabilities of K-startups.
The Korea-Japan Jeju Startup Fund, valued at 10.1 billion won and including contributions from Korean residents of Jeju in Japan, is jointly managed by the Jeju Center and Seven Star Partners. Participating investors include the Mother Fund, Jeju Special Self-Governing Province, Kakao, Dongseo Power, Jescom Mart, Gunsan Leisure Industry, Jeju National University, Halla University, the Korea Tourism University, Korean residents in Japan, and Japanese companies.
Lee Byeong-seon, head of the Jeju Center, said, “This IR-DAY was a practical opportunity for cooperation that connected Korean capital in Japan, Korean startups, and the Japanese investment ecosystem,” and added, “We will continue to expand our global investment network based in Jeju to support the overseas expansion of domestic startups.”
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