Shinyong Bojeung Gigeum Holds Investor Briefing for Portfolio Companies in the Metaverse

On the 19th, companies participating in the '2021 Shinbo Investment Company IR' are conducting IR in a metaverse-based online space. Photo by Korea Credit Guarantee Fund

[Asia Economy Reporter Song Seung-seop]The Korea Credit Guarantee Fund announced on the 22nd that it held the ‘2021 KODIT Investee Companies IR’ in an online space based on the metaverse.

The event held on the 19th was organized to build partnerships between growth-potential companies invested by KODIT and institutional investors, and to support follow-up investment attraction. About 100 people, including company executives, institutional investors, and representatives from large corporations, attended.

The event took place on a metaverse platform to prevent the spread of COVID-19. Six innovative companies selected by KODIT as highly likely to become unicorn companies conducted IR sessions.

KODIT supports early-stage startups with high growth potential among guarantee-utilizing companies but facing difficulties in capital procurement in the private investment market. It operates through guarantee-linked investments by acquiring stocks or bonds. So far, it has invested 378.1 billion KRW in a total of 501 companies, and 334 companies have attracted follow-up investments worth 838.1 billion KRW.

A KODIT official stated, “We are playing a role as a catalyst for investment so that innovative SMEs with excellent technology and business potential can grow,” adding, “We will do our best to discover innovative companies struggling to attract private capital and create a virtuous cycle investment ecosystem where private capital leads corporate growth, contributing to the birth of K-Unicorn companies.”

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