StartRun Signs Business Agreement with Vector Technology Investment to Boost Startup Investment

StartRun, a company specializing in startup acceleration, announced on October 2 that it has signed a mutual business agreement (MOU) with Vector Technology Investment, a new technology finance company, to promote investment in and support for promising startups.

Through this agreement, StartRun and Vector Technology Investment have agreed to establish a collaborative system by leveraging their respective resources and capabilities. They will work closely together to discover, invest in, and nurture promising startups in the future.

Under the terms of the agreement, the two companies will cooperate on: ▲ recommending, discovering, screening, and selecting promising startups for investment; ▲ operating support programs such as professional mentoring, consulting, education, and networking; ▲ providing joint and follow-up investments, as well as infrastructure and technology linkage advisory services; and ▲ strengthening the global expansion capabilities of promising startups selected for investment.

Founded in 2016, StartRun is a total solution provider for startups, supporting the entire growth cycle with services such as IR pitching education, step-by-step startup consulting, and pitch deck creation. In May, the company officially launched its Accelerating Center and expanded its business scope to include early-stage startup investment, establishing itself as a professional accelerator (startup planner, AC) investment firm.

Vector Technology Investment, established in 2019, is a new technology finance company specializing in discovering and investing in small and medium-sized enterprises and venture companies with promising new technologies. Previously, the company mainly invested using its abundant capital and self-established investment funds. Recently, however, it has been selected as a delegated manager for investment funds contributed by the Korea Growth Fund, enabling it to utilize a wider variety of investment resources to invest in startups.

Ji Hyosun, CEO of StartRun, stated, "We are delighted that StartRun, with its professional acceleration capabilities for startups, and Vector Technology Investment, with its expertise in investing in new technology companies, have joined forces. I firmly believe that, starting with this agreement, if both companies continue to cooperate closely, we will achieve remarkable results in the field of startup investment."

Shin Sowoo, CEO of Vector Technology Investment, said, "Vector Technology Investment has traditionally focused on investing in companies that have entered the growth stage, but going forward, we plan to expand our investment scope to include early-stage startups and conduct investment activities throughout the entire startup growth cycle. By joining forces with StartRun, which specializes in discovering and nurturing early-stage startups, we expect to create a strong synergy in discovering, investing in, and supporting promising startups."

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