Gangwon Creative Economy Innovation Center (hereinafter referred to as Gangwon Innovation Center) announced on the 17th that it signed investment contracts worth a total of 230 million won with five promising startups during the first half of 2024.
This investment was made through the ‘Gangwon Innovation Startup 1’ investment group and ‘Gangwon Youth Startup Fund 1’ operated by the Gangwon Innovation Center. The companies targeted for investment are startups discovered as part of the Ministry of SMEs and Startups’ startup incubation program, Startup-BuS (Build up Strategy for Startups), and are headquartered in the Gangwon region or have relocated to Gangwon Province and are operating within the local startup ecosystem.
The investment companies are a total of 5 companies: ▲'Parotek', which develops and mass-produces a platform to convert internal combustion engine commercial vehicles into hydrogen vehicles; ▲'Another Doctor', which developed T-GRID, a tooth color extraction and diagnosis platform based on AI technology; ▲'The Bio', which provides human-centric LED lighting solutions; ▲'Makeworks Communication', which operates a SaaS-based integrated campsite management solution; and ▲'Soundat', which provides PLAYCOUNT, a data-based service for album planning support.
According to Gangwon Innovation Center, the startups that received investment this time are deep-tech companies with technological prowess in fields that Gangwon Special Self-Governing Province is strategically fostering, such as bio/health, future cars/hydrogen, smart tourism, and ICT convergence, and are expected to contribute to the creation of a regional strategic industrial ecosystem in the future.
Lee Hae-jeong, head of the Gangwon Innovation Center, said, “The center is discovering promising local startups through the Startup-BuS program and strengthening the support system to enable rapid investment in the early stages.” He added, “We hope that this investment will help local companies grow quickly, and we plan to continue to work to expand investments linked to Gangwon Special Self-Governing Province’s strategic industries.”
- See more related articles
You must be logged in to post a comment.