Jeju International Free City Development Center (Acting Chairman Kwak Jin-gyu, hereinafter JDC) announced that Megaplan Co., Ltd. (CEO Yoo Cheol-won), a company located on Route 330 of Jeju Innovation Growth Center, has attracted pre-Series A investment following its selection as a TIPS company by the Ministry of SMEs and Startups in July.
This investment was participated by Bluepoint Partners, Infobank, and Jeju Creative Economy Innovation Center, and the corporate value and investment amount were not disclosed.
This is Megaplan's second round of investment, following seed investments from The Ventures, CNT Tech, and AI Angel Club last year. The company was also recognized for its technological prowess in July of this year when it was selected as a TIPS (Technology Incubation Program), a technology startup support program run by the Ministry of SMEs and Startups.
With this investment, Megaplan plans to double its mackerel production capacity by improving facilities, including increasing the height of the tanks.
“This investment marks a significant turning point that will enable Megaplan’s dream of a ‘dollar mackerel’ to become reality,” said Yoo Cheol-won, CEO of Megaplan. “We will not only contribute to domestic food security, but also strive to end hunger around the world.”
Koo Byung-wook, head of the JDC Industrial Promotion Headquarters, said, “I am very pleased that Megaplan has grown steadily since moving in this year, including being selected for the Ministry of SMEs and Startups’ TIPS program and successfully attracting Pre-A investment.” He added, “Going forward, JDC will continue to support the growth of technology startups in various aspects, including technology, commercialization, and investment, together with KAIST, various Route330 accelerators, and venture capitalists, contributing to the innovation of Jeju’s industrial structure.”
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