Daejeon Innovation Center Forms "Daejeon's First Deep Tech Investment Fund"

The Daejeon Creative Economy Innovation Center (CEO Daehee Park, hereinafter referred to as the Daejeon Innovation Center) announced on the 8th that it recently held the inaugural general meeting of the 'Daejeon Deep Tech Specialized Investment Association No. 1 (hereinafter referred to as the Investment Association)' based in Daejeon Metropolitan City and will begin full-scale investment activities in deep tech startups.

This investment fund's primary goal is to discover technology-based startups (deep-tech startups) and support their growth, thereby revitalizing the Daejeon region's startup ecosystem and contributing to the local economy.

The Daejeon Innovation Center is responsible for managing the fund, with Kim Seong-tae, head of the fund division, appointed as the fund manager. Furthermore, the participation of key management personnel, including CEO Park Dae-hee, Director Han Eun-young, and Auditor Lee Ji-ae, is considered to have enhanced the fund's operational expertise and execution capabilities.

The investment fund operates based on a systematic process that includes investment review, risk management, and exit strategies. Following the investment, follow-up support will be provided, including linking with the TIPS (Telecommunications Investment Support Program), business model enhancement, and exit strategy development. The fund's investment will be primarily used to support promising early-stage entrepreneurs, while strategic execution will also be undertaken to foster the growth of the local startup ecosystem.

Kim Seong-tae, appointed as the lead fund manager, is a hands-on accelerator with experience designing startup and investment ecosystems across both the private and public sectors. Previously, he oversaw investment-related operations at the Jeju Center for Creative Economy and Innovation. During his tenure, he secured approximately KRW 135.8 billion in direct and indirect investment and invested in 30 startups, achieving tangible results. Furthermore, as a co-founder of a private accelerator in the Daejeon area, he has supported the early-stage growth of approximately 600 startups.

Kim Seong-tae, head of the division, said, “This combination goes beyond simple financial support and focuses on providing full-cycle support, including customized scale-up and acceleration, to help technology-based startups achieve real growth in the market.” He added, “We will continue to establish a sustainable deep-tech investment foundation in the Daejeon region and expand the related ecosystem.”


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