Busan Venture Investment 'Real' Experts Gathered

The 1st Busan Venture Investment Forum Held... Promoting Follow-up and Joint Investment for Venture and Startup Companies
Seeking Startup Investment at CENTAP (Centum Technology Startup Town) on the 30th at 3 PM

Poster for the 1st Busan Venture Forum 안내.

[Asia Economy Yeongnam Reporting Headquarters Reporter Kim Yong-woo] The first event of the ‘Busan Venture Investment Forum,’ formed by investors in the Busan area, will be held on the 30th.

Busan City announced on the 30th that it will hold the ‘1st Busan Venture Investment Forum’ together with the Busan Venture Investment Forum, Busan Technopark, and the Korea Financial Investment Association.

The Busan Venture Investment Forum is a forum formed by investors active in Busan to promote follow-up investments and joint investments by investors in Busan startups that have received early-stage investments. Its investment direction is differentiated from existing forums focused mainly on companies seeking investment.

The investment ecosystem in Busan is threatened by the concentration of investment firms and funds in the Seoul metropolitan area, as well as the tendency for follow-up investments after early-stage investments in startups to be concentrated in the metropolitan area.

Busan City, aiming to become Asia’s leading startup city, secured 91.8 billion KRW in four mother funds in the first half of this year to prepare resources to meet the investment demand of local startups, and plans to alleviate the follow-up investment shortage of Busan startups through this forum.

The forum will be attended by about 50 people including angel clubs, accelerators, venture investment firms, and related organizations active in Busan, and will proceed with investment company IR presentations, special lectures on successful strategies of investee companies (M&A deal cases), and networking.

The companies introduced today include Jays (human thermal characteristic products), Paytalab (easy order payment system PassOrder), NDSoft (real-time free multilingual automatic translation system), Club Verbella (color cosmetics), discovered by Calls Dynamics, Coolidge Corner Investment, B Square, and Series, which are investment firms based in Busan. After the company introductions, business exchange support networking between companies and investors will continue to lead to practical follow-up investments.

To promote qualitative growth of the Busan venture and startup ecosystem and establish a virtuous cycle system of ‘startup → investment → exit,’ Kim Yeon-su, Head of Investment Finance at NH Investment & Securities and an expert in acquisition finance in the securities industry, will give a special lecture on ‘Investment and exit strategies through M&A.’

Byun Sung-wan, Acting Mayor of Busan, said, “When private investment moves actively, local startups can innovate and grow in the region without being drawn to the metropolitan area,” adding, “Busan venture investors are a major driving force leading startups and growing local companies.”

This content was produced with the assistance of AI translation services.