Songpa ICT Youth Startup Support Center Shares Startup Investment Attraction Know-How

Successful Fundraising from Seed Stage to Series B: 'Master of Startups' Shares Secrets... Offline Lecture on June 29 at 2 PM, Online Release at Songpa SSEM on July 1

[Asia Economy Reporter Jongil Park] Songpa-gu (Mayor Park Seongsu) will hold a special lecture titled "Wise Startup Investment Life" at 2 p.m. on the 29th at the Songpa ICT Youth Startup Support Center with representatives from seven promising startups.

This special lecture provides a great opportunity to hear about the startup and operational know-how and challenges from startup CEOs who have secured investments from the seed stage to Series B stage.

Typically, startup investment is divided into three stages based on company valuation and investment amount.

▲ The seed stage involves a company valuation of 3 billion KRW and investment amount up to 500 million KRW, focusing on idea development and prototype production ▲ Series A involves a company valuation of 20 billion KRW and investment amount up to 5 billion KRW, marking the official launch of products and services ▲ Series B involves a company valuation in the hundreds of billions of KRW and investment amount up to 20 billion KRW, a period of accelerated growth such as large-scale hiring.

Representatives from ▲ Jongdal Lab ▲ Cellapeutics Bio ▲ Haksaeng Doknip Manse ▲ Seller Note ▲ Match ▲ Medipixel ▲ Jibike, who have experienced all the above investment stages, will give lectures.

They will share their secrets to securing investments and management, followed by online and offline Q&A and networking sessions.

The special lecture will be held simultaneously online and offline, live-streamed on the Seoul Creative Economy Innovation Center's YouTube channel, and the lecture video will be available on the Songpa-gu self-education support system, Songpa Saem site, after July 1.

Anyone interested in startups can participate in the special lecture. For more details, please refer to the Songpa-gu website or contact the Songpa-gu Office Job Policy Division or the Songpa ICT Youth Startup Support Center.

Mayor Park Seongsu stated, "We have prepared a place to share know-how from the seemingly difficult startup founding to company growth and profit generation," adding, "We will continue to make policy efforts to create an environment conducive to starting and running businesses."

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