BNK Financial Group Promotes Support for Revitalizing Local Startups

BNK Financial Group, together with its affiliates, has taken steps to revitalize local startups.

First, BNK Venture Investment decided to make a direct investment in a local startup and on the 7th provided 2 billion KRW to ‘Sendy,’ an AI-based logistics brokerage platform.

Sendy is a real-time freight transportation service company that uses data machine learning to predict transportation demand and supply, matching prices and dispatches to reduce time and costs for shippers and carriers.

The company was selected as the 8th batch of Busan Bank’s ‘Some Incubator’ in June and is receiving support through an accelerating program for startup development.

Busan Bank Headquarters.

This investment by BNK Venture Investment is the first support for companies nurtured by ‘Some Incubator’ since Chairman Bin Dae-in took office, and together with Korea Development Bank, Shinhan Asset Management, and others, a total of 6 billion KRW will be provided.

Additionally, BNK Busan Bank will hold an investment consultation meeting on the 19th at the startup nurturing platform ‘Some Incubator’ to support local startups in attracting investment.

At this event, about 20 companies, including major domestic venture capital (VC) firms such as BNK Venture Investment and outstanding local startups, will be invited to provide mentoring related to investment attraction, customized financial programs for each growth stage, and support matching between companies.

Lee Su-chan, Head of Credit Sales at BNK Busan Bank, said, “This investment has become an opportunity to further strengthen synergy through cooperation among BNK Financial Group affiliates and is expected to serve as a catalyst for creating a local startup ecosystem.”

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