Samil PwC and WeVentures Sign MOU to Support Startup Growth

Provision of Management Support Services, Customized Consulting Collaboration
"AI-Based Solutions to Be Offered as Well"

Samil PwC announced on October 14 that it has signed a strategic business agreement (MOU) with domestic venture capital firm WeVentures to support the sustainable growth of startups and companies in the growth stage.

Founded in 2019, WeVentures is staffed by partners with expertise in a variety of fields, including deep tech, information and communication technology (ICT), consumer goods, fintech, and semiconductors. In just five years since its establishment, the company has surpassed 600 billion won in assets under management, growing into a major venture capital firm.

Through this agreement, the two companies will collaborate in earnest on several initiatives: supporting due diligence for WeVentures' portfolio companies and prospective investments; jointly planning and operating management support and educational programs; providing integrated management support services for startups; and offering customized advisory services and assistance with fundraising and exit strategies according to each company's stage of growth.

Samil PwC currently supports startups throughout their entire lifecycle-from early-stage foundation, growth, and fundraising to mergers and acquisitions (M&A), domestic and overseas listings, and exit-through its proprietary startup support platform "Unicorn Platform" and its network of field experts, "Unicorn Friends." In particular, Samil PwC's AX Node division, launched in July, is developing and providing AI-based management support solutions, aiming to practically facilitate the digital transformation and growth strategies of startups.

Lee Changhoon, Partner in charge of the Integrated Startup Management Support Service at Samil PwC AX Node, stated, "Given that startups rely on external investment, growth is impossible without transparent management." He added, "We will accompany WeVentures on its investment journey, leveraging Samil PwC's expertise."

Ha Taehoon, CEO of WeVentures, commented, "In the process of finding and investing in entrepreneurs, optimal support tailored to each stage of growth is essential." He continued, "Through this agreement, we plan to help entrepreneurs focus on changing the world with small organizations by establishing a practical management support system that enables their growth."

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