Seoul National University student-led startup accelerator SNACK has concluded the 7th demo day of its own accelerating program, NAACst STEP.
On Demo Day, six companies from the Nextstep program participated and did IR pitching. Bizcure, a display adhesive developer, Infinixion, a web novel AI translation and export company, Termit, an e-commerce product page AI design tool developer, Assem, a small cargo sharing platform ‘Self-delivery’ operator, Ochocreate, an influencer seeding marketing AI agent developer, and Romantic Robotics, a mobile manipulator developer, were selected for the program after beating out a competition rate of 11 to 1. Five VC judges participated in the evaluation: Kakao Ventures, Smilegate Investment, Saje Partners, DSC Investment, and GS Retail.
Awards were given to the two companies that received the highest ratings from the judges. The grand prize of 20 million won went to Infinixion, and the best prize of 5 million won went to Bizcure.
NACKSTEP, now in its seventh year, contains growth support programs necessary for early-stage startups. SNACK assigns a 'growth partner' to each participating company on a 1:1 basis to design growth together during the eight-week project period, and also provides mentoring based on partnerships with VCs and law, patent, tax, and accounting firms. In addition, it regularly operates networking events for exchanges between startups, contributing to the expansion of the ecosystem.
“This year, SNACK plans to significantly expand its startup industry network and strengthen its role as a startup hub where each member can create explosive synergy,” said Cho Ha-eun, CEO of SNACK. “In the future, we will focus on expanding opportunities for more entrepreneurs to participate, not just companies participating in SNACKstep.”
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