Martial Arts and Global Startup School 4th Cohort Demo Day Held

[Asia Economy Reporter Suyeon Woo] The Korea International Trade Association announced on the 13th that it jointly held the 4th Global Startup School Demo Day online with NPifteen Partners, a hardware-specialized accelerator.

The Global Startup School is a startup accelerating program that discovers promising startups with high potential for overseas expansion and provides mentoring, investment linkage, global expansion support, and participation in follow-up projects by the Trade Association.

At the demo day, 10 startups from the 4th cohort, specializing in smart Internet of Things (IoT), robotics, Software as a Service (SaaS), artificial intelligence (AI), and other manufacturing and non-manufacturing fields, took the stage. They presented their business models, key achievements, and future plans to investment institutions such as Openwater Investment, Korea Investment Partners, Medici Investment, and open innovation representatives from large corporations including KB Kookmin Card, LG Display, and DL E&C.

In particular, Rowan (digital dementia prevention program) and DariSoft (real-time road hazard information sharing solution) achieved significant results during the 4th program by securing seed investments of 100 million KRW each and opportunities to participate in the Ministry of SMEs and Startups' technology startup support program, TIPS. Insider (electronic contract and AI analysis solution) also decided to pursue strategic collaboration with DL E&C on contract review tasks.

Jang Seok-min, Secretary General of the Trade Academy, is speaking at the '2021 Global Startup School 4th Class' Demo Day jointly hosted by the Korea International Trade Association and N15 Partners on the 13th. Photo by Korea International Trade Association

Even after the official conclusion of the program with the final demo day, continuous support such as investment linkage will continue. For the 3rd cohort, which ended in March, four teams including Pearson (startup HR management platform service) and Beauty Makers (cosmetics manufacturing platform) are on the verge of securing over 700 million KRW in investment through follow-up support.

Jang Seok-min, Secretary General of the Trade Academy, said, "The 4th cohort attracted many innovative startups spanning both manufacturing and non-manufacturing sectors," adding, "We will make every effort to help them grow into global unicorns."

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