Innopolis Foundation Expands Deep Tech Startup Overseas Support to Middle East and Asia

The Innopolis Foundation announced that it will expand its overseas support regions for deep tech companies to include the Middle East and Asia.

On August 5, the foundation held a 'Global Demo Day' with 20 deep tech startups from the special R&D zones at the Daejeon Science Center.

Participants of the 'Global Demo Day' are taking a commemorative photo after the event. Provided by the Research and Development Special Zone Promotion Foundation

This event was organized to select companies to participate in the '2025 GITEX North Star', which will be held in Dubai in October, and the accompanying pitching competition, the 'Supernova Challenge'.

GITEX North Star is the largest information and communications technology (ICT) exhibition in the Middle East and Africa. The exhibition brings together promising startups and global investors from around the world for networking and exchange in the fields of entrepreneurship and technology. As of last year, more than 2,000 startups and 1,500 global investors participated in this exhibition.

The Supernova Challenge is a startup pitching competition held during the exhibition, offering winning companies opportunities to attract global investment.

The companies participating in Demo Day gave IR pitches to overseas investors from Dubai, Singapore, Indonesia, Malaysia, and other regions, and engaged in one-on-one meetings and networking sessions for mutual exchange.

The foundation plans to select 10 companies based on their technology, marketability, and potential for global expansion. The selected companies will participate in the exhibition and pitching competition in Dubai this October.

Jung Heekwon, Chairman of the Innopolis Foundation, said, "Demo Day has become a real stage for special zone companies to enter the global market, going beyond simple pitching," and added, "The foundation plans to expand the regions it supports for global expansion from North America and Europe to the Middle East and Asia."

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