The fifth edition of TIPS & beSUCCESS Korean Startup Showcase Silicon Valley co-hosted with Korea Business Angels Association and Cuvee April was held successfully from October 11 to October 13, in San Francisco and Palo Alto, with 15 Korean tech startups gaining a perspective to enter the global market.
The 15 participating Korean tech startups in the fifth edition of the program got to have mentoring sessions with top-tier VCs and investors in Silicon Valley and the opportunity to network and present their products and services to prospective funders. The startup teams that participated were Gadget Korea, Blinkers, TissenBioFarm, Gomi Corporation, Noutecompany, inDJ, Ad-Shield, Aurum Care Management, Kinava, LooKo, MoveAWheel, PMX, PuzzleData, Testbank, and Tart.
On October 11, the startups had a mentoring session with Andrew Chalas, Revere VC and Troy Foster from Perkins Coie. The session was conducted at the global law firm Perkins Cole’s office in San Francisco. The mentors provided critical feedback to participating startups regarding their pitches and presentations prepared for VCs and investors in Silicon Valley.
On October 12, a mentoring session was organized with Weichang Ge, a senior analyst for the HAX program of the global, multi-stage venture capital firm SOSV. The session at SOSV’s San Francisco office helped the startups better understand the US market and international expansion strategies.
Also, on the same day, the startups had their first Demo Day, where they presented their pitches to VCs and investors at the global law firm O’Melveny & Myers LLP office in San Francisco. The startups presented their services and products to the VCs and answered their questions regarding business models, revenue, marketing, expansion, regulations, etc.
On October 13, the tech startups had a mentoring session with Dr. Sue Xu, the Managing Partner at AMINO Capital at Stanford University Campus. Dr. Sue Xu gave valuable insights and in-depth suggestions to the startups regarding their pitches and improving their services.
The startups had their second Demo Day pitching on October 13 at O’Melveny & Myers LLP office in Menlo Park, Silicon Valley. The startups pitched to an audience of prominent Venture Capitalists and Investors in Silicon Valley and got networking opportunities. An interaction session with a successful startup founder was also organized on the same day. Ray Hong, CEO and Co-founder of the successful startup Allo (BeeCanvas), a collaborative workspace tool, shared his firm’s success story.
At the end of the fifth edition of TIPSX beSUCCESS Korean Startup Showcase 2022, the participating Korean tech startups got the experience of a lifetime as they got mentoring from leading VCs, interactions with a successful startup founder, networking opportunities, one-on-one meetings and final pitching round demo days with potential investors and funders. The VCs, investors and other participants also expressed their excitement to be part of the TIPS & beSUCCESS Korean Startup Showcase Silicon Valley fifth edition of 2022.
TIPS is South Korea’s leading startup accelerator, and beSUCCESS is one of South Korea’s oldest startup media companies which connects the Korean startup ecosystem to global markets through its media websites, events and accelerator programs. The TIPSX beSUCCESS Korean Startup Showcase is an annual event.
- TIPSX beSUCCESS Korean Startup Showcase 2022 Demo Day on Oct. 13 helps startups gain perspective for entry to global market
- TIPSX beSUCCESS Korean Startup Showcase 2022 Demo Day on Oct. 12 opens funding prospects for Korean startups
- TIPSX beSUCCESS Korean Startup Showcase 2022 participants have in-depth Q&A with SOSV’s Weichang Ge
- TIPSX beSUCCESS Korean Startup Showcase 2022 participants get valuable lessons from AMINO Capital’s Dr. Sue Xu