IBK President Kim Sungtae: "We Will Lead the Expansion of the Innovative Startup Ecosystem"
Venture Companies and Investors Gather at the "Connection Festival"
IBK Industrial Bank of Korea announced on December 3 that it held the "2025 IBK Venture Startup Connection Festival" at Seoul Dragon City in Yongsan-gu, Seoul.
At the IBK-Venture Startup Connection Festival held on the 3rd at Seoul Dragon City in Yongsan-gu, Seoul, Kim Sungtae, President of IBK Industrial Bank of Korea, is speaking. Industrial Bank of Korea
View original imageThe event was held under the theme "The Meeting of Technology and Capital." More than 500 participants, including representatives from technology startups such as FuriosaAI and Noah's Farm, venture capital firms, large corporations, and related organizations, attended the festival to discuss strategies for attracting investment and expanding globally.
A forum was also held where innovative companies in the fields of artificial intelligence (AI), biotechnology, and culture-such as RYUTEN Technologies, IMGT, and SLL JoongAng-shared their perspectives on future strategic industries. A demo day was also organized, where IBK Changgong companies presented their achievements and visions.
Kim Sungtae, President of IBK Industrial Bank of Korea, stated, "As a reliable partner for innovative startups, we will take the lead in expanding the startup ecosystem."
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Meanwhile, from January 2023 to last month, IBK Industrial Bank of Korea supplied 2.5 trillion won in venture capital to more than 3,000 innovative ventures and startups. Thirty-four of these companies successfully went public.
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