Yoon Dae-hee, Chairman of Shinbo, "From Innovation Icon to Unicorn... Supporting Corporate Growth"

Yoon Dae-hee, Chairman of the Korea Credit Guarantee Fund

[Asia Economy Reporter Kwangho Lee] Yoon Dae-hee, Chairman of the Korea Credit Guarantee Fund, promised on the 11th, "We will spare no support to help companies selected as Innovation Icons grow into unicorn companies."

On the same day, Chairman Yoon visited VUNO Inc., a company selected for the 2nd Innovation Icon program by the Korea Credit Guarantee Fund, to encourage their efforts in successfully listing on the KOSDAQ market and to listen to voices from the field.

The Innovation Icon program of the Korea Credit Guarantee Fund is a scale-up program introduced in June 2019 to foster an innovative startup ecosystem. It selects companies with high potential to grow into global innovative enterprises and provides up to 15 billion KRW in guarantee support along with various customized non-financial services such as consulting and market access support.

Founded in December 2014, VUNO is an innovative startup in the healthcare sector that obtained Korea’s first approval for artificial intelligence medical devices. It develops and supplies AI medical solutions that analyze various medical data ranging from medical imaging to biosignals for diagnosis, treatment, and prognosis prediction.

VUNO was highly evaluated by the Korea Credit Guarantee Fund for the innovativeness of its business model, differentiated technology, and growth potential, and was selected as a 2nd Innovation Icon company in 2019, receiving a guarantee limit of 7 billion KRW.

With financial support from the Innovation Icon program, VUNO entered a full growth trajectory, obtaining A grades in two technical evaluations conducted by professional evaluation agencies for its initial public offering, and successfully listed on the KOSDAQ on the 26th of last month by raising 37.8 billion KRW in public offering funds.

Chairman Yoon emphasized, "To enhance national competitiveness, talented individuals must challenge themselves with passion and dreams in innovative industries," adding, "The Korea Credit Guarantee Fund will also work together to help companies with creative, challenging, and mutually beneficial entrepreneurial spirit to grow."

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