'KOSME IR Mart' Held to Attract Follow-up Private Investments

Online Investment Briefing Using Digital Platforms

Small and Medium Business Corporation

[Asia Economy Reporter Kim Cheol-hyun] The Small and Medium Business Corporation (Chairman Kim Hak-do, hereinafter referred to as SBC) announced on the 4th that it held a 'Non-face-to-face KOSME IR Mart' on the 1st to attract private follow-up investments for growth-sharing fund-supported companies and regional prospective unicorn candidates.

At this IR Mart, five companies possessing core technologies in the bio and ICT fields, including Ticaros, a company developing gene cell therapy new drugs, held investment presentations for private venture capital (VC) and financial institution officials. Lee Jae-won, CEO of Ticaros, said, "Due to COVID-19, many companies are struggling to raise capital as opportunities to introduce themselves to investors have decreased," adding, "The non-face-to-face IR Mart is a great opportunity for companies that find it difficult to meet investors to connect with them, and I hope it will be further expanded in the future."

Chairman Kim Hak-do stated, "SBC supports value-up activities such as KOSME IR Mart and Next Round for companies in need of private investment attraction," and added, "We will lead the attraction of private follow-up investments for promising growth companies by promoting various activities based on collaboration with private investors and related organizations."

Meanwhile, SBC plays a pioneering role in attracting private investments by supporting growth-sharing funds for promising companies with excellent technological capabilities and future growth potential, as well as IPO possibilities. Until last year, SBC supported a total of 704 companies with 605.4 billion KRW in growth-sharing funds, and the follow-up investment amount attracted by these companies reached a total of 1.0025 trillion KRW.

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