Three Major Venture Associations Unite... 'K-VIP DAY' Held for the First Time

Jointly Hosted by Venture Companies, VCs, and Angel Investors' Associations
Building a Foundation for Collaboration Through Reverse IR and Networking

'K-VIP DAY,' jointly hosted by the Venture Business Association, the Korea Venture Capital Association, and the Korea Angel Investment Association?three organizations representing South Korea's venture ecosystem?was held on July 15 at the TiOrder headquarters in Yeouido, Seoul. The event aimed to foster a privately-led ecosystem network.

K-VIP DAY was the first networking event planned collaboratively by the three venture organizations to mark the 30th anniversary of the venture industry. It was designed to promote practical exchanges and mutual cooperation among key players in the venture ecosystem, including venture companies, venture capital (VC) firms, TIPS operators, and angel investors.

On the 15th, attendees are taking a commemorative photo after the K-VIP DAY event at the TiOrder headquarters in Yeouido, Seoul. Venture Business Association

The event featured seven promising venture and startup companies, selected through recommendations from each association. These companies presented their core businesses, and the event followed a 'reverse IR' format, with VC investment managers and fund managers directly introducing the companies. Investment managers also participated in Q&A sessions, leading to substantive investment discussions.

After the presentations, a networking session was held for all approximately 80 attendees, facilitating natural follow-up meetings and collaboration discussions beyond a one-time IR event.

Song Byungjun, Chairman of the Venture Business Association, stated, "Now, as we have written 30 years of venture history together, the most important value is ultimately 'connection.' I hope this event will serve as a starting point for such encounters and an important opportunity to open the door to future collaboration."

Kim Hakkyun, Chairman of the Korea Venture Capital Association, said, "I believe that today's exchanges and solidarity will mark a significant turning point for revitalizing the venture ecosystem, and I will strive to create greater synergy through more collaboration in the future."

Cho Minsik, Chairman of the Korea Angel Investment Association, remarked, "The venture ecosystem has grown not just through investment itself, but on the basis of relationships and trust. I hope this event will further strengthen the relationships between associations and between investors and companies."

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