Goyang Industry Promotion Agency: Somuna Selected for Major Conglomerate Investment and Ministry of SMEs and Startups’ TIPS Program

Goyang Smart Mobility Company Achieves Visible Results
Development of Idle-Free Hybrid Refrigeration System
Leading the Way in ESG Values

Somuna Co., Ltd., an innovative smart mobility company supported by the Goyang Industry Promotion Agency (President Han Donggyun), was finally selected for the Ministry of SMEs and Startups’ TIPS program on July 29, based on bridge investment from a major domestic conglomerate.

CEO of Somuna Co., Ltd. (Truck equipped with a smart cold chain system). Provided by Goyang Industry Promotion Agency

TIPS is a startup support program in which the government and private investors jointly discover and nurture promising startups. It provides R&D funding and commercialization support to startups with technological capabilities and business potential.

The Goyang Industry Promotion Agency is discovering innovative companies through its ‘Smart Mobility Innovation Company Attraction Project’ and is supporting them in product development and entry into global markets.

Somuna Co., Ltd., supported by the agency, is a company developing a smart cold chain system using artificial intelligence (AI)-based power control technology. The company is developing and demonstrating an idle-free hybrid refrigeration system (smart cold chain system) that can be applied to both electric and diesel trucks.

This technology is evaluated as making a significant contribution to realizing ESG values by maintaining stable temperatures during transportation, reducing energy consumption, improving energy efficiency, reducing carbon emissions, and enhancing logistics quality.

President Han Donggyun stated, “It is very meaningful that a company supported through the Smart Mobility Innovation Company Attraction Project has achieved results such as investment from a major conglomerate and selection for the TIPS program. We will continue to strive to create a business-friendly environment.”

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