Japanese Startup Visits Korea to Meet Major Korean Corporations... "Innovation to Solve Social Issues"

Hankyung Association and Kyungdanryeon Co-host the '2nd Korea-Japan Startup Cooperation Forum'
10 Japanese Startups in Bio, Mobility, Robot Entertainment, and Environment Participate

Promising Japanese startups visited Korea to share excellent technologies with Korean conglomerates and explore cooperation plans. Economic organizations and companies from both countries joined forces to create innovations necessary for solving social issues. Japanese startups met with investment managers from Korean conglomerates to introduce their technologies and seek investment.

Participants of the '2nd Korea-Japan Startup Cooperation Forum' held on the 17th at the FKI Tower in Yeouido, Yeongdeungpo-gu, Seoul, are taking a commemorative photo.
From the front row, left to right: Masakazu Kubota, Vice Chairman of the Japan Business Federation; Raeeun Sung, Vice Chairman of Youngone Corporation; Masakazu Tokura, Chairman of the Japan Business Federation; Seongseop Kim, Vice Minister of the Ministry of SMEs and Startups; Jin Ryu, Chairman of the Korea Economic Organization; Yasuhiro Sato, Special Advisor of Mizuho Financial Group; Mitsuru Izumo, CEO of Euglena; Changbeom Kim, Vice Chairman of the Korea Economic Organization.
[Photo by Korea Economic Organization]

The Korea-Japan Future Partnership Foundation announced on the 17th that it jointly held the "2nd Korea-Japan Startup Cooperation Forum" with the Korea-Japan Future Partnership Fund at the FKI Tower Conference Center in Yeouido, Yeongdeungpo-gu, Seoul. Ten startups from Japan in fields such as bio, mobility, robotics, entertainment, and environment held an investment attraction briefing targeting Korean conglomerates. The forum was held in conjunction with the "31st Korea-Japan Business Meeting" hosted by the Korea Economic Organization Association and the Japan Business Federation the following day. The first forum was held in Tokyo last April.

On this day, the ten Japanese startups conducted investment attraction activities by showcasing their excellent products and technologies to new business and investment managers of Korean conglomerates, as well as representatives from corporate venture capital (CVC).

In the bio sector, "Euglena" and "Arugaru Bio," which manufacture and sell health foods using microalgae, introduced their technologies. The robotics company "Mirai Kikai" explained that it developed the world's first robot that cleans solar panels and deployed it in desert areas of the Middle East. Companies such as "Glafit," which operates in the electric personal mobility sector, "ZeroBoard," which provides a platform for calculating and visualizing greenhouse gas emissions, and the webtoon company "Fumoa" also promoted their businesses.

Ryu Jin, chairman of the Korea Economic Organization Association, said in his opening remarks, "The solution to the realities faced by both countries, such as population crises and weakening potential growth rates, lies in startups. Both countries are optimal partners for startup cooperation, and the mutual experience of Korea-Japan startups entering each other's markets will greatly help them expand into the global market."

Masakazu Tokura, chairman of the Japan Business Federation, said in his greeting, "The key to solving various problems faced by Korea and Japan lies in innovation, and especially the power of startups is essential. Using robots to supplement labor shortages has the potential to solve low birthrate and aging population issues, and realizing sustainability through bio technology has the potential to contribute to solving climate change problems."

Kim Seong-seop, vice minister of the Ministry of SMEs and Startups, said in his congratulatory speech, "Startups create jobs and transform markets and economic structures with creative ideas and innovative technologies. They will be the future growth engine capable of solving social problems in both countries."

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