Supporting Scale-up through Securing R&D Funding for Technology Innovation Companies

The Innobiz Association is taking steps to discover companies with excellent growth potential through continuous technological innovation and support scale-up by linking investment attraction for research and development funds.

On the 4th, the association announced that it held the '3rd InnoWave IR' at The-K Hotel in Yangjae-dong, Seoul, providing practical investment attraction opportunities for the innovative growth of Innobiz companies and member companies.

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Companies such as Twinwiz (manufacturer of liquid antibacterial/antiviral materials), Loodin (manufacturer of high-efficiency phosphorescent blue OLED materials/devices), MedicareTech (manufacturer of surgical medical device vendor blades), Maze (AIoT-based offline personalized tracking service), and Optiple (manufacturer of AR/VR transmissive variable films) participated in the IR.

The association, together with venture capital firms, focuses on evaluating the innovation and differentiation of the technology, market share, and sales feasibility of the participating companies, and the actual investment decision will be made in the future.

Jung Kwangcheon, president of the Innobiz Association, said, "The association has already achieved investment attraction results through two IR events held in September last year and June this year," adding, "We will continue to lay the foundation for the scale-up of Innobiz companies by discovering technology innovation companies with excellent growth potential and expected investment attraction outcomes."

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