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Home Governments

Gyeonggi Province Selects 12 Startup Companies in Pangyo Techno Valley for Global Expansion Support Program

KoreaTechDesk Writer by KoreaTechDesk Writer
August 21, 2023
in Governments, Pangyo Techno Valley
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The façade of Pangyo Startup Campus where the selected companies will be located (Photo Source: Pangyo Techno Valley Website)

The façade of Pangyo Startup Campus where the selected companies will be located (Photo Source: Pangyo Techno Valley Website)

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The Gyeonggi Business & Science Accelerator (GBSA) has selected 12 companies to partake in the “Global Accelerator Program for Activating the Pangyo Ecosystem.”

This program aims to facilitate the successful international expansion of promising Gyeonggi-do startups showing high potential for entering global markets. The recruitment process ran from June 19th to July 19th. After assessing documents and English presentations, 12 companies were chosen. Post the final orientation session, these selected companies are slated to move into the Pangyo Startup Campus on August 1st.

The chosen twelve include: 1) GEOVENTURES, offering regular delivery of daily essentials, 2) CLIQUESOFT, a developer of a pet-care platform integrating electronic medical records (EMR) for veterinary clinics, 3) SKYRUN, a company enabling efficient analysis of solar power plants through thermal imaging drones, 4) FAIRY, a customer relationship management (CRM) marketing solution based on user online behavior data, 5) WORLD HOME DOCTOR by Dr. Friend, a sleep care provider, 6) ANYWARE, a developer of VMS assisting logistics center and plant management, 7) Ai-nomis, an AJ service provider saving users from tasks like coding, 8) ‘Tech ‘n Roll,’ an open broadcasting solution RollTV, 9) ÉKLEER, a creator of portable IoT displays that can connect to smartphones or laptops, 10) Hancom Genie K, an online tutoring platform for foreign Korean language learners, 11) ‘Pitch Interactive,’ the operator of the global sports entertainment platform PIE.

The selected companies will avail services like space at the Pangyo Startup Campus, one-on-one consulting and mentoring, tailored global market research reports, mock investment explanation sessions (IR), domestic and international demo days, and other start-up acceleration programs.

Jung Hangu, the Advanced Mobility Industry Manager, stated, “Through the ‘Global Accelerating Program for Activating the Pangyo Ecosystem,’ we aim to not only provide global expansion opportunities for local start-ups but also drive significant advancements in activating the Pangyo Techno Valley ecosystem.”

Remarkably, Wadda Inc., a participant in the 2020 program, secured an investment of 2.6 billion won for global expansion. They utilized space data collected through smartphone sensors, including Wi-Fi, to showcase accurate indoor spatial recognition technology. They have also been recognized for their global technological capabilities by winning the Innovation Award for two consecutive years (2022-2023) at the CES, the world’s largest consumer electronics show.

For inquiries and connections with Korean tech companies mentioned in this article, contact us at [email protected]. We’re here to facilitate valuable partnerships.

Also Read,

  • Semiconductor Fabless Alliance Makes its Debut in Seongnam’s Pangyo Techno Valley
  • Pangyo Techno Valley, a Bridgehead for Global Expansion of the Korean Bio Industry
  • 2021 Gyeonggi Startup Hub Demo Day for enterprising startups on Oct 14
  • UMTR Teams up with CAPA to Pioneer Localization of Biomembranes & Shape the Future of the Bio-Industry

Keep tab on latest news in the Korean startup ecosystem & follow us on  LinkedIN, Facebook, and Twitter for more exciting updates and insights.

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Tags: 12 companiesGlobal Accelerator Program for Activating the Pangyo Ecosystem.Gyeonggi Business & Science Acceleratorkorear&dcityKorear&dhubkoreastartupcitykoreastartuphubPangyo Startup CampusPangyo Techno Valley
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