'Atoplex', Graduated from Gyeongbok University Startup Incubation Center, Selected as Baby Unicorn
Atoplex Co., Ltd., which has grown through the systematic startup incubating support of Gyeongbok University Startup Incubation Center (BI), has been selected as a target company for the Ministry of SMEs and Startups' 'Baby Unicorn Fostering Project.'
The Baby Unicorn Fostering Project, introduced in 2020, is a program that discovers promising startups verified for innovative business models and growth potential and nurtures them into prospective unicorn companies.
Baby unicorns receive up to 300 million KRW in new market pioneering funds. They also benefit from special guarantees up to 5 billion KRW and policy funds up to 10 billion KRW. Additionally, they receive up to 2 billion KRW in research and development (R&D) support.
Starting this year, the government has strengthened support to enable scale-up through overseas market entry, hosting investment roadshows (IR and investment consultations) targeting leading overseas corporate venture capitals (CVCs).
Atoplex, established in 2019, is a startup developing a home test system based on molecular immunodiagnostic technology and holds 136 molecular diagnostic items targeting infectious diseases as well as hereditary diseases.
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Kim Ihyun, head of Gyeongbok University Startup Incubation Center (Professor of Drone Construction Environment Department), said, "The selection of a company that has grown and graduated through the systematic startup incubating support of Gyeongbok University Startup Incubation Center as a 'Baby Unicorn' is a model case showing that the center is emerging as a global unicorn company fostering base in the northeastern Gyeonggi region. We will actively support it to establish itself as a cradle of venture companies in northeastern Gyeonggi."
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