Caliber Co., Ltd. Makes First Export to Vietnam... Accelerates Entry into Global Market

The First Early-Stage Investment Startup in Gwangju and Jeonnam
Signs MOU with Local Aquaculture Company in Vietnam
Proving the Global Potential of Regional Startups

Caliber Co., Ltd., the first startup investment company in Gwangju and Jeonnam, has succeeded in its first export to Vietnam, accelerating its entry into the global market. Photo by Caliber Co., Ltd.

Caliber Co., Ltd., the first startup to receive early-stage investment in the Gwangju and Jeonnam region, has been selected for the Ministry of SMEs and Startups' TIPS program and has completed its first export to Vietnam, laying the foundation for entry into the global market.

The joint fund managers, Jeonnam Regional University Startup Technology Holdings and Chonnam National University Technology Holdings, announced that Caliber Co., Ltd., a marine data-based smart aquaculture solution company, was finally selected on July 28 for TIPS, the flagship startup support program of the Ministry of SMEs and Startups.

In March, Caliber secured 200 million KRW in initial investment from the first fund of an early-stage individual investment association, establishing a foundation for growth.

This fund was established to discover and nurture promising technology-based startups in the Jeonnam region. It is a specialized early-stage fund with capabilities for full-cycle follow-up support, including initial investment, technology advancement, government project linkage, and global expansion for research-based technology startups.

Within four months of attracting investment, Caliber achieved several milestones: admission to the Jeonnam Youth Startup Academy and selection as a G-SCNU promising small enterprise; expansion of its domestic base through the establishment of a Jeju branch; final selection for the general track of the TIPS program by the Ministry of SMEs and Startups and securing a government grant of 102 million KRW.

Additionally, the company created two new jobs, obtained certification as a youth enterprise and venture company in Jeonnam Province, and signed an MOU with a local Vietnamese aquaculture company (ATB121). On July 26, Caliber exported 12 tons of water quality improvement agents to Vietnam, marking its entry into the global market.

The fund manager stated, "Caliber Co., Ltd. is a leading regional startup with both technological capability and execution power. Our fund's strategic early-stage investment has become a representative case of producing tangible results in a short period of time."

They added, "We will continue to actively discover and support promising early-stage companies with technological strength and market potential, striving to build an investment ecosystem that connects the region's innovative startup environment with global expansion."

This achievement by Caliber demonstrates the potential for local startups to enter the global market. It is expected that more companies with technological strength and market potential will continue to be discovered and supported, contributing to the revitalization of the regional economy.

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