Deep Stone Investment (CEO Kim Gyu-wan, Lim Byeong-eul) announced that it successfully held the startup demo day 'Day 5' held at Seoul Startup Hub (Gongdeok) on the 28th and selected two excellent companies.
This demo day, held jointly by Deep Stone Investment and Tereo Co., Ltd., is a program that provides investment and growth support to companies selected as excellent companies with the goal of ‘supporting startups with a corporate value of less than KRW 5 billion to grow to a corporate value of KRW 50 billion or more.’
This demo day, which received much attention with the support of around 20 companies from various fields in March, selected the final 5 companies (Shin Sung Biopharm, Mediprogen, Korea Medicos, Athletic Tech, and From You Korea) through document evaluation and representative interviews. The companies that were given the opportunity to pitch through several stages passionately presented their investment proposals in front of investors.
Representatives or judges from six institutions, including Deep Stone Investment, Agricultural Policy Insurance Finance Institute, TKG Ventures, Commax Ventures, Kickstart Investment, and Kingospring, attended the investment review and evaluation to select excellent companies.
In addition, many investors attended as observers and showed high expectations by expressing interest in the “Day Five” program and the pitching companies and expressing their intention to consider investing.
Meanwhile, Deep Stone Investment plans to invest in 1-2 excellent companies after due diligence, and other investors in attendance have also decided to conduct their own investment reviews and decide whether or not to invest.
Lim Byeong-eul, CEO of Deep Stone Investment, said, “Even in a situation of high economic uncertainty, companies with potential for global business expansion received a lot of attention from investors, and we will invest in potential companies in the second half of the year to support their growth.”
Shinsung Biopharm’s Director Yongwook Yuk, who received the award, said, “I am grateful for the opportunity to present and review investments in front of investors, and I am proud to receive the award and have the potential of our business recognized.”
Deep Stone Investment, which hosted this demo day, is a venture builder that fosters industries that create a sustainable future. It is an investment and consulting firm that leads the market with a vertical integration model for the entire cycle of the SDGs tech industry, focusing on venture company acquisitions and startup investments.
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