The Gyeonggi Center for Creative Economy and Innovation (CEO Won-kyung Kim, hereinafter referred to as the Gyeonggi Innovation Center) and Innox Co., Ltd. (CEO Jeong-jin Park, hereinafter referred to as Innox) announced on the 5th that they signed investment contracts with two startups that were finally selected for the '2025 INNOX Open Innovation 4th' program at the Innox Pangyo building located in the 2nd Pangyo Techno Valley.
The 'INNOX Open Innovation Program' is a strategic investment-type open innovation program jointly operated by the Gyeonggi Innovation Center and INNOX. Its goal is to discover promising technology startups and proactively invest in them to support their actual growth.
The final selected companies are Ideas Co., Ltd. (CEO: Il-dong Cho), a developer of highly corrosion-resistant, high-purity metal gas filters for system semiconductor processes, and SoftNT Co., Ltd. (CEO: Seol-ah Han), a technology company specializing in PFAS-free nanofiber membrane composite materials. Through this investment agreement, the two companies have secured approximately KRW 1 billion in upfront investment, with additional investments planned for AI companies in the future.
The Gyeonggi Innovation Center plans to offer a sophisticated acceleration program alongside investment. This program includes various growth support elements, including in-depth networking, strengthening IR capabilities, participation in global exhibitions (CES 2026), access to childcare facilities, and global expansion opportunities.
Innox plans to establish a startup incubation space within its new Pangyo headquarters and secure new growth engines through collaborations with technologically competitive startups. This is interpreted as a strategy to proactively respond to future changes in the industrial environment through joint growth with promising startups.
An official from the Gyeonggi Innovation Center said, “We hope that this agreement will serve as an opportunity to revitalize the startup ecosystem within the Pangyo Techno Valley 2,” and added, “We will actively support public-private cooperation to ensure that startups can secure diverse growth opportunities.”
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