Ulsan as a Venture Hub... 'UNIST X ATP Unicorn Shooting Day' Held

A venture company in the Ulsan region will meet with prospective investors at the ‘UNIST X ATP Unicorn Shooting Day’ hosted by UNIST Technology Holdings and ATP Ventures.

The ‘UNIST X ATP Unicorn Shooting Day’ was held on the 21st at 2 p.m. in the Market Hall of the UNIST Industry-Academic Cooperation Building (Building 251).

This event was organized to activate investment in promising local venture companies and to share the investment performance of the UNIST-ATP Investment Fund. The UNIST-ATP Investment Fund is a joint investment fund established in 2022 by UNIST Technology Holdings and the local venture investment firm ATP Ventures.

The event consisted of company IR presentations, an introduction to the UNIST-ATP fund, and guidance on the Ulsan regional startup ecosystem development project.

'UNIST X ATP Unicorn Shooting Day' event poster.

Companies that received investment from the UNIST-ATP fund, including Nextirials, Piler, Pyrico, and Boss Semiconductor, participated in the company IR session, which introduced outstanding local venture companies.

The formation plan for the UNIST-ATP Investment Fund No. 2 was also announced on the day. The first fund has raised a total of 4.2 billion KRW so far and invested in a total of eight companies, including UNIST faculty startup companies.

Additionally, policy support projects to revitalize the local startup ecosystem were introduced, such as the ‘New Technology Startup Activation Private Support Project,’ one of the Ulsan Startup Environment Ecosystem Development Projects by the Ulsan Job and Economic Promotion Agency.

UNIST Technology Holdings is a subsidiary wholly owned by UNIST. It was established in 2017 to activate technology startups based on UNIST’s advanced research achievements.

Kwon Sun-yong, CEO of UNIST Technology Holdings, said, “We will build a virtuous cycle ecosystem that invests local venture capital in promising local startups centered on UNIST, enabling the Southeast region to become a venture hub comparable to Silicon Valley.”

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