Korea Investment Accelerator (hereinafter referred to as Hantoo AC) announced on the 23rd that it has selected the final 11 companies to participate in the 'Barundonghaeng 7th' training program and has begun full-scale acceleration.
In this 7th round, a total of 600 startups applied, recording a high competition rate of approximately 55:1, demonstrating high market interest. The companies that were finally selected were composed of teams that are trying to innovate each industrial field from a new perspective, such as generative AI, digital healthcare, materials/components/equipment, sustainable materials, and global platforms.
Through this selection, Hantoo AC plans to discover new forms of business models that respond to the AI Transformation (AX) trend and provide practical and three-dimensional support necessary for these companies’ global advancement and market expansion. This direction was established based on the belief that only teams with creative and leading technologies that fit the current era in which AI, deep tech, bio, and commerce are converging and developing will be able to lead the industrial paradigm shift in the global market beyond the domestic market.
The commonality among the companies selected this time is that they have high strategic perfection in terms of not only simple technological prowess, but also market entry strategy, global scalability, and technology expansion applicability. For example, Eskimo, Scon AI, and Daytium are leading the change in the productivity tool market through SaaS based on AI agents and LLM application technologies that have recently attracted attention.
On the other hand, Nanolattice, Waveshine Tech, and Circle are deep-tech startups based on physical materials or sensors, and are securing differentiated competitiveness in areas with high technological barriers. This is in line with the philosophy of ‘technology-centered, market-realization’ pursued by the Korea Investment Accelerator.
In addition, Pixel, New Look, and Fixup are clearly showing their global orientation in B2C industries such as content, F&B, and healthcare, and despite being in the early stages, they are securing overseas demand and starting full-scale exports, so future performance is expected.
The Korea Investment Accelerator plans to provide these 11 companies with the following growth support for approximately six months: △Investment discussions immediately upon selection, △Follow-up investment linkage and priority support for global expansion network utilizing the global investment network of Korea Investment & Securities Group, △Free provision of dedicated office space and shared workspace near Samsung Station, △1:1 mentoring and joint business opportunities with domestic and foreign VCs and strategic partners, △Practical market connection such as global demo days and IR sessions, △Consulting linked to government-supported projects and provision of customized commercialization strategies.
Baek Yeo-hyeon, CEO of Korea Investment Accelerator, said, “We will discover technology-focused startups that will create an inflection point in the industry amid the AI transition and strategically foster teams that can design technology, market, and globalization simultaneously.”
- See more related articles
You must be logged in to post a comment.