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Home Programs KOSME Global Program

Unlocking Investment Opportunities: Explore Innovative Korean Startups at KOSME-beSUCCESS Showcase in Singapore

chloe kim by chloe kim
September 27, 2023
in KOSME Global Program
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KOSME-beSUCCESS Showcase 2023 in the USA

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The Korean startup ecosystem is thriving, with innovative businesses emerging daily. South Korea’s government support and promising returns make it an attractive destination for investment. Korea SMEs & Startups Agency (KOSME), in partnership with beSUCCESS Media Group, is hosting a showcase for Korean startup founders in Singapore from October 9 to 12. This event offers global investors, venture capitalists, and entrepreneurs a chance to connect with talented startup founders and explore potential investment opportunities.

(Details of Registration at the end of Article. Please use the form and note we have limited seats available, and confirmation is required to attend.)

Investment Opportunities in Korean Startups

The KOSME-beSUCCESS Showcase in Singapore will feature diverse startups with groundbreaking solutions poised to disrupt industries and redefine market norms. This event is part of KOSME K-Unicorn Academy Program, which aims to empower young Korean entrepreneurs by providing resources and avenues for global expansion. Ten startup founders from a pool of fifty pioneering companies will pitch their distinctive products and services to investors in Singapore.

The offline program is held in the USA from September 19 to 21 in Silicon Valley and Saudi Arabia from October 17 to 19. All the startups participating have had online mentoring sessions with experts from the USA, Singapore, and the Middle East, focusing on global expansion and untapped market prospects.

The Singapore Showcase is a unique opportunity for investors, venture capitalists, accelerators, and corporate strategists to expand their networks and discover promising opportunities. It brings together the brightest minds in the startup ecosystem, offering a platform for idea exchange, synergy exploration, and potential partnerships that could reshape industries.

About KOSME  

KOSME is dedicated to nurturing the growth of small and medium-sized enterprises (SMEs) in Korea. Through various financial and non-financial initiatives, KOSME empowers startups and SMEs to expand their reach, diversify their portfolios, and enhance their global competitive edge. By participating in the Showcase, you align yourself with an agency actively shaping entrepreneurship’s future. 

About beSUCCESS

beSUCCESS Media Group, headquartered in Seoul, has a formidable reputation for co-hosting and facilitating international startup-investor network events. Notable programs like TIPX beSUCCESS Korean Startup Showcase Silicon Valley have attracted global investors to invest in Korean startups.beSUCCESS has co-organized events with TechnNode, a Pan-Asia tech platform, Yonsei University, Asan Foundation, etc. 

The startups participating in various beSUCCESS events have achieved remarkable investment success, with alums securing millions in funding from global investors. Alums of previous showcase programs facilitated by beSUCCESS, like ed-tech startup Riiid, which has raised $250 million; AI startup Nota raised $23 million in funding from global investors, and 4D imaging radar solution startup bitsensing has raised a total of $21 million in funding since its inception. 

Networking and Partnership Opportunities

The Singapore program includes sessions with Infineon Technologies and AWS, the MS Cloud program, and Demo Day presentations by startups. This landmark event provides an unparalleled networking opportunity to witness ten startups pitch their distinctive products and services to discerning investors. Save the date for the Showcase in Singapore from October 9 to 12, 2023. Limited seats are available, so confirmation is required to attend.

Don’t miss out on this opportunity to be part of Korean startups’ global expansion plans, where your next ample investment opportunity might be a pitch away.

 Unveiling the Startups: 

Company NameEquity Capital Raised(USD) so farCurrent Investor ListsCategoryShort DescriptionTraction
LabSD, Inc. 20,000SOPOONG VenturesHealth

Approximately 253 million people worldwide are affected by blindness or visual impairment, with a staggering 89% residing in resource-limited regions. The EYELIKE Platform comprises: i) a portable and user-friendly digital ophthalmoscope, which can be easily attached to upcycled smartphones for retinal screening, operated by existing healthcare professionals within the community; ii) an Artificial Intelligence-based Clinical Decision Support System (CDSS) currently in development; iii) a dedicated application along with a web-based dashboard for the collection, analysis, and visualization of patient information; and iv) an Online Donation Module designed to attract global donors by presenting eye health hospital statistics in resource-limited areas, thereby ensuring a continuous care pathway for patients.

- Piloting in 5 Different Countries
- Legal entity in 2 countries (India & Vietnam)
- Medical Device Approval in 2 Countries (ROK & Vietnam)
- 12 Clinet Organizations
- 35K People Screened
- 87K Images Colleced & Labelled
Layers Cosmetic Co. Ltd. N/AN/ABeauty & Healthcare

Nesh is a beauty solution brand specializing in 'women's hair loss'. Nesh offers scalp care products along with complementary services that help women achieve their scalp goals.

 

- Revenue growth rate from '21 to '22 was 321%
- Expected revenue growth rate from '22 to '23 is 100%
- Awarded as #1 Anti-hair loss shampoo in Korea's #1 Beauty Community <HwaHae>
- Consumer repurchase rate is 65% (2201~2212)
- Consumer targeting accomplished, 80% of consumers are women, 45% of them are in their 30s
LOXISnonenonenetwork system smart farm infrastructure

Loxis provides smart farm services that are cheaper and smarter than other smart farms.

- Registered 1 patents(US)

-  Registered 3 patents(KR)

- Applied 1 patents(PCT)

-  Applied 6 patents(KR)

-  Applied 2 trademark patent(KR)

LIVIT Inc.N/AN/AEnvironment/ESG

TANSOLUTION is an AI simulator based carbon emission management solution for enterprise. We provide a seamless carbon net zero journey via automated carbon emissions management and reporting tool based on key global frameworks

  • 3 Applied patents (KR)
  • Launched TANSOLUTION v1.0 in June 2023 and secured 5 paying enterprise users
MoConN/AN/AAutomotive, Industrial, Robotics, Agriculture, machine, Industrial, Software license
  • 6 Applied patents (KR), 1 Registered Patent (KR)
  • Revenue 118K USD (From Apr. 2023 to Aug. 2023)
  • Providing automatic door system solution & software license
Soo and Carrots Inc.N/AN/ATravelIt is a Community Powered Super-App which offers Travel Buddy Matching, Forum, Game-Like Language Learning Tools, and OTA services for Foreign Travelers
  • MAU 7900 (July)
  • Total Users: 20,000
  • Number of Partners (Who provide services on our OTA): 11
  • Transaction: None (Before Launch)
  • Service Availibility: Global (users from USA - France - U.K. - Austraila - Germany mainly)
AlphaOmegaN/AN/AMobility ESGAlphaOmega provides on-demand charging service for EV drivers. We have designed portable chargers to be charged up to 124 miles in 40 minutes at the place that customer requests
  • [Service]
  • Closed Beta Service starts on July
    - 100 Charging Service
    - Retention rates is over 60%
    - Expected 14,600 customer hit 24'

    [Product]
    - 2 patent applied
Amass Co., Ltd.nonenoneutomotive, Bigdata, AI, IT SolutionHigh-quality parts that are discarded or neglected due to difficulty in checking the parts information contained in the vehicle at auto insurance companies and junkyards provide opportunities for commercialization, inventory management, and distribution.
  • (Purchase) Effective Junkyard Management, Manage all aspects of car recycling business to ensure efficiency and profitability .

  • (Inventoy) Car Manufacturer Data-driven, Inventory management and sales Based on accurate part no. and compatibility information.

  • (Sell Everywhere) Integrating various eCommerce API services to various sales channels beyond offline wholesales(legacy) market.
Oldam256.4KKorea Venture Investment CorpConsumer GoodsWe are a consumer goods company founded in 2018, rooted in eco-friendly and sustainability principles. From the start, we aspired to become the Kimberly-Clark of ASEAN. Our initial focus was the ASEAN market, particularly Singapore, given its prominence. We adapted our product designs to resonate with the tropical essence of Singapore, considering its hot and humid climate. Our products uniquely blend Korean-inspired elements with the natural benefits of cedar leaf extract from Jeju lsland's Saryeoni forest. Today, we proudly stand as the No. 1 seller in Singapore on both Shopee and Lazada. We started in 2018 with $59K, and our numbers have been gradually increasing. Last year, we achieved $1.84M, and this year we're aiming for $3.42M. We've already secured more than half of that amount.
Coconut Silo, inc.Nondisclosure
  • Hyundai Motor Company
  • KIA
Application Software Development and SupplyCoconut Silo is a logistics/commercial vehicle specialized mobility startup.
Our business can be divided into two main parts, 'Truck Hailing Platform', which targets the global logistics market and 'Truck Maintenance Platform', which focuses on the truck maintenance market in Korea.
Our product name is Digital logistics platform based on cargo loading status visualization algorithm with dynamic modeling technology COCOTRUCK. COCOTRUCK is an advanced freight logistics platform for shippers and carriers, connecting whole actors in the logistics market into a single platform.
Through platform operation, Our company has grown into a company with sales of 2.8 billion won in 2022 and 1.4 billion won in 2021.
(22-year sales growth 199% compared to 21)

Highlighting the event’s core, a select group of 10 startups will take the stage to pitch their distinctive products and services to an audience of discerning investors. 

Registering for the Event:

To register for the KOSME-beSUCCESS Showcase, please use this form here. Please note we have limited seats available, and confirmation is required to attend.

Also Read,

  • KOSME K-Unicorn Academy Program: Mentorship with Saudi VCs and Experts for Korean Entrepreneurs
  • TIPSX beSUCCESS Korean Startup Showcase 2022 participants get valuable lessons from AMINO Capital’s Dr. Sue Xu 
  • Tomasz Kowalczyk Shares Insights on European Startup Ecosystem at Yonsei University & beSUCCESS Media program
  • TechNode Global & beSUCCESS Forum Unveils Hengqin Island as a Gateway to Greater China for Entrepreneurs
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Tags: beSuccessEntrepreneursKorea SMEs & Startups Agency (KOSME)KOSMEKOSME K-Unicorn AcademySingapore ProgramStartups
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