The startup discovery program 'S-Together' hosted by The Invention Lab will continue in 2025. This program, now in its second year, targets startups in the climate tech, deep tech, and food tech fields that aim to attract seed investment or higher, and plans to select a total of five or so companies to provide strategic growth opportunities.
'S-Together' was planned to discover and invest in technology-based startups linked to the business direction of Samchully Group. The selected startups will be provided with a total of 120 million won in prize money, as well as strategic investment from Samchully, parallel investment from The Invention Lab, and acceleration support, and will also be given the opportunity to participate in growth support programs linked to the Ministry of SMEs and Startups' TIPS (Deep Tech), Seoul-type TIPS, and LIPS.
The recruitment areas for 2025 are three areas: climate tech, including climate change response technologies such as clean tech, carbon tech, and resource circulation; food tech, which pursues innovation in food production, distribution, and services; and deep tech, which is based on cutting-edge technologies such as robotics and artificial intelligence (AI).
“AI-based automation, carbon neutrality, and changes in living environments are now challenges that all companies and industries must address,” said Jinyoung Kim, CEO of The Invention Lab. “The S-Together program is designed to discover teams that present specific solutions through technology and enable collaboration and investment.”
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