The Ministry of SMEs and Startups (Minister Oh Young-joo, hereinafter referred to as the Ministry of SMEs and Startups) announced the venture investment trends in 10 deep tech fields for 2024 (▲AI·Big Data ▲System Semiconductors ▲Robots ▲Mobility ▲Cloud·Network ▲Aerospace ▲Eco-friendly Technology ▲Quantum Technology ▲Bio-healthcare ▲Next-generation Nuclear Power Plants). The trends are the result of analyzing companies that received investments from venture capital companies and associations in accordance with the ‘Act on Promotion of Venture Investment.’
In 2024, the total investment in the top 10 deep tech sectors among domestic venture investments was 3.6 trillion won, up about 34% from the previous year. It is analyzed that investors' interest in the deep tech sector is steadily increasing, the largest in the past five years.
By sector, investments in the 'bio healthcare' and 'artificial intelligence' sectors accounted for the largest proportions of 33% and 26.7% of total deep tech, respectively, and in particular, 'artificial intelligence' showed the largest increase (KRW 415.8 billion) among all deep tech sectors.
When looking at 'artificial intelligence' by three categories, the investment in the field of 'artificial intelligence software development and supply' takes up the largest amount, but the growth rates in 'artificial intelligence construction/management and related information services' and 'artificial intelligence calculation and processing parts/device manufacturing/design' were large at 113.9% and 290.9%, respectively.
Among the deep tech companies that attracted venture investment in 2024, a total of 722 companies, or 75.1%, were analyzed to have a history of investment from the mother fund or participation in startup support projects. 682 companies received a total of KRW 8.807 trillion in investment through the mother fund, and 353 companies received a total of KRW 222.6 billion in funds and special guarantees through startup support projects.
Minister of SMEs and Startups Oh Young-joo said, “The Ministry of SMEs and Startups has continuously driven investment in the deep tech field through the mother fund.” He added, “In the future, the Ministry of SMEs and Startups will systematically implement the ‘Plan to Create a Bio-Venture Innovation Ecosystem’ (‘25.1) and the ‘Plan to Utilize and Disseminate AI’ (‘25.2) to revitalize venture investment in promising deep tech fields, strengthen policy support, and foster deep tech startups that are competitive in the global market.”
- See more related articles
You must be logged in to post a comment.