• Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • FinTech
    • Gadgets & Electronics
    • Health & Bio
    • Manufacturing
    • IoT
    • Marketplaces & E-commerce
    • Robotics
    • Transportation & Logistics
    • Investments
    • Ecosystem & Lists
  • Interviews
  • Events
    • COMEUP
    • NextRise
    • Try Everything
  • Governments
    • Gyeonggido Business & Science Accelerator
    • Korea Creative Content Agency
    • Korea Internet & Security Agency
    • Korea Institute of Startup & Entrepreneurship Development
    • Korea Tourism Organization
    • Korea Trade-Investment Promotion Agency
    • Ministry of SMEs & Startups
    • National IT Industry Promotion Agency
    • Pangyo Techno Valley
    • Seoul Business Agency
    • Seoul FinTech Lab
    • South Gyeongsang Province
    • Seoul Metropolitan Government
  • Programs
    • Asan Voyager
    • CAPA Global Program
    • SGSC Global Bootcamp
    • LAUNCHPAD
    • COMEUP STARS 120
    • K-Startup Grand Challenge
    • TIPS X beSUCCESS Global Project
    • SFL Global Program
    • KTO Global Showcase
    • Yonsei Univ Global Class
    • KOSME Global Program
  • Investment Opportunities
    • SGSC Demo Day
    • Launchpad France Demoday
    • TIPS Global Demoday
    • Launchpad USA Demoday
    • Launchpad Indonesia Demoday
  • Business Agencies
    • Accounting Firms
    • Ads & Marketing
    • Law Firms
  • Lists
  • Submit an Article
  • Profile
    • My Articles
    • Create your Startup Profile
    • My companies
    • My Saved Deals
    • Logout
KoreaTechDesk
No Result
View All Result
KoreaTechDesk | Korean Startup and Technology News
No Result
View All Result
Home Programs KOSME Global Program

Unlocking Investment Opportunities: KOSME-beSUCCESS’ Korean Startups Showcase in Riyadh Invites Investors 

Richard Park by Richard Park
September 11, 2023
in KOSME Global Program
0
TIPSX beSuccess global project

TIPSX beSuccess global project mentoring session.

0
SHARES
235
VIEWS
Share on FacebookShare on Twitter

Korean startups are exploring global expansion, with the Middle East as a promising market for innovative services and products. The Korea SMEs & Startups Agency (KOSME), in collaboration with beSUCCESS Media Group, is hosting a showcase for Korean startup founders in Saudi Arabia from October 19 to 21. This event offers global investors, venture capitalists, and entrepreneurs an opportunity to connect with talented startup founders and explore investment prospects.

(Registration Details at the end of the Article. Please utilize the provided form, and note that seats are limited, with confirmation required for attendance.)

Investment Prospects in Korean Startups

The KOSME-beSUCCESS Showcase in Saudi Arabia will introduce diverse startups with groundbreaking solutions poised to disrupt industries and redefine market standards. This event is a part of KOSME K-Unicorn Academy Program, aimed at empowering young Korean entrepreneurs by providing resources and avenues for global growth. Ten startup founders from fifty pioneering companies will present their unique products and services to investors in Saudi Arabia.

The offline program is also being held in the USA from September 19 to 21 in Silicon Valley and Singapore from October 11 to 13. All participating startups have undergone online mentoring sessions with experts from the USA, Singapore, and the Middle East, focusing on global expansion and untapped market potential.

The Saudi Arabia Showcase presents 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, providing 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 global competitiveness. By participating in the Showcase, you align yourself with an agency actively shaping the future of entrepreneurship.

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.

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, such as ed-tech startup Riiid, which has raised $250 million; AI startup Nota, which raised $23 million in funding from global investors; and 4D imaging radar solution startup bitsensing, which has raised a total of $21 million in funding since its inception.

Networking and Partnership Opportunities

The Saudi Arabia program includes roundtables with Saudi Arabian founders and mentoring and networking rounds. 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 Saudi Arabia from October 19 to 21, 2023. Seats are limited, so confirmation is required to attend.

Take advantage of this chance to be a part of Korean startups’ global expansion plans, where your next substantial investment opportunity might be just a pitch away.

Unveiling the Startups:

Company NameFounded yearEquity Capital Raised(USD) so farCurrent Investor ListsNameTitleShort DescriptionTraction
BioHealthCore Inc2019N/AN/AHyo Taek LeeCEO

We provide 'SounsBody'! Digital Healthcare ICT Device(Ski Simulator, Grip Strength Device)

  • 200% Sales
  • 2 Patent
  • Exhibitions(CES, MEDICA) Certifications(CE, FCC) and MOU(European Hospital) last year. In this year, our purpose is to launching the product to the market and distribute it especially to rehabilitation and aging targets.
Shukran Korea Inc.2022N/AN/ASeung KimCEO

The solution provides the Halal/Allergic safeness index of Korean Cosmetics and Food for consumers. With the solution, consumers will be able to check and learn about the product including Halal Conformity

  • Currently the solution is under development
  • So far more than 20K ingredients are processed and used as the training data for the cosmetics and 800K of food ingredient data are processed. Currently the revenue is coming from B2B trading to UAE and Kingdom of Saudi Arabia.
A-Life Corp.2017300,000
  • Hite-Jinro 
  • KVIC
Sangjin KangCEO

We manufacture plant-based meat products with better taste and texture.

  • We’re already selling to the largest food companies in Korea, including Starbucks, Pulmuone, and the Ministop convenience store chain.
  • We make $1.3M in annual sales, which is steadily increasing.
  • We’ve also partnered with Korea’s top universities for R&D.
A Virtual2020200,000CCEIDylan KimCEO

We kill airborne viruses with 4G Nano technology.  We have been validated in the UAE market already, and going for global market for Water purification and Renewable energy efficiency with  future 5G Nano technology.

  • Since foundation in 2020
  • We earned $1.2M as revenue last year, and closed export contract worth $7.4M to Dubai recently.
  • We are seeking $1.5M fund-raising for global expansion and team building and R&D for 5G nano material technology.
Intellectus Corporation2020900,000
  • Innopolis
  • Partners
Andy KimCEO

We develop and supply data fabric-based customized AI solutions specialized in the smart factory, smart city, and digital twin industries.Our flagship product, 'Knowledge to Act,' solves data silos that make it possible to utilize data owned by companies.

We've successfully obtained several projects in the industry of smart factory (digital twins), autonomous driving, and meteorology based on data fabric that obtained revenue of 5.1M USD for the next five years. It is obvious that the need for smart city and digital twins in the Middle East region maximize their profits by efficiently managing and processing data. Also, we are expanding our market to the South East Asian region, where we've got a contract s with a local company providing meteorological devices to the government in Thailand and Malaysia.
NEXTON Co., Ltd201716M KB Translink SETI
Mint Global Small & Medium Venture
Business Corporation E-best ABC Capital
Jae-bin ChoiCEO, FounderNexton pioneers ICT and AI-based precision agriculture, featuring a meticulously crafted plant infrastructure and diverse crop cultivation know-how including world-class strawberry. Nexton is differentiated from other industry participants by ; 1. Mass-producing, proven indoor vertical farming technology and unlimited production spatial use: Okcheon Tunnel, Nambu Metro underground subway station, Taebak Warehouse-typed Strawberry Production Facility, 2. Innovative Urban Lifestyle Farm Complex and Contents derived from own cultivated strawberries (Berrytale and Madberry, upcoming in September), to embrace circulating value chains from production to consumption plus tourism attractions within one building, 3. Implementing world-class low-temperature strawberry and diverse crop cultivation expertise, 4. Intensive phytochemical research aiming to extract and amplified bioactive components and commercialize them into diet, skin whitening, eye-health products and more,[2023] - MoU-Saudi MISA(Ministry of Investment Saudi Arabia) - MoU-PMI KSA(Project Management Institute) - NEXTON ASIA JV(Urban Strawberry Indoor Farm) - Myeongdong Strawberry Urban Lifestyle Farm Contents & Complex Opening - Taebak Strawberry Factory Completion(3,000 sqm) - USD 40M amount of Export Contract to Kuwait
[2022] - MOA to JV, NEXTON MENA
[2021] - Seoul Metro Nambu Terminal Subway Station Underground Farm(1,400sqm) [2018] - Okcheon Tunnel Farm(7,000 sqm)
VEStellaLab Inc.20183000K

Aju IB
CNT Tech
Honest Ventures
Samho Green Investment
Enright Ventures
Plan H Ventures

Sangsu JungCEOVEStellaLab Inc. innovates smart city and autonomous vehicle industries with advanced technology to solve the problem in GPS-shaded areas. We proactively presented AI Smart Parking Navigation System 'Watchmile' and Unmanned Valet Parking Solution 'ZeroCruising' for the present and the future of mobility.Key Performances]
1. Reference: more than 100 sites including Incheon International Airport, Lotte Department Store Jamsil (hotel, theme park, mart), KINTEX (convention center), Seoul Station Parking Lot, Ansan Grand City Xi (mega-sized apartments), Anyang SKV1 (office building), Seoul/Ansan/Anyang/Ulju Public Parking Lots, and etc.
2. Use Case: Airport, Shopping Center, Theme Park, Apartment, Private Building, Private & Public Parking Lot, Parking Tower, Indoor/Outdoor Parking Lot, etc.
Tweennano Co., LTD2021528K CNT TECH
ANGEL INVESTORS
Jae Hoon NaCEOSmart farms are intelligent farms that can remotely or automatically maintain and manage the growing environment of crops and livestock by incorporating IoT, big data, AI, automated systems, and robot technologies into facility horticulture (vinyl, glass greenhouses), livestock, etc. The number of livestock breeding continues to increase due to increased consumption of livestock products, but it has emerged as a social problem due to various complaints caused by the smell from livestock manure. Company developed nano heating film, odour reducing equipment for smart farm.Adjust the amount of power consumed by varying the resistance by contracting and expanding as the film temperature changes. Nano Heating Film Global Market Sales Forecast in 2023 : $1.5 million Nano Heating Film Global Market Sales Forecast in 2027 : $5.0 million Number of overseas customers by 2023 : 7 Target number of overseas customers by 2027 : 30
ZeroOne AI Inc.201925K Next CanadaJunho SongCEO We innovate the risk prediction of drug compatibility, pancreatic surgery and kidney surgery with Generative AI for Clinical Decision Making.  Hybrid cloud-based AI platform covers from distributed big data to LLM(Large Language Model) operation for Hospitals and Bio-Medical Research Centers.   Hospital and medical research centers : 20
MD, AI developers and graduate student : 200
Korea MFDS (KFDA) Medical Device Registration and Approval : 1 AI SW in progress, 8 AI SW we aim for within 5 years
Tacticalist Co., LTD2019500K CNT TECH
ANGEL INVESTORS
Luke Changhoon LeeCEOAt Outstandards, we conceptualize and create unique, innovative products like no others in the world. Our products are mission-generated, designed and forged through practical experiences during service to our country in some of the world’s most difficult and challenging environments. Our products are tough and are designed for everyday tactical and practical use. If you love the great outdoors like we do – exploring, hiking, camping, hunting, or preparing for your next mission – our gear is made for you. Our products are built for all of us, for our collective missions. Because at Outstandards, your fight is our fight.- 35 Different Sales channel, including USA, CANADA, MEXICO, Germany, Austria, Swiss, Chez, Australia and Kuwait - Revenue 1.5 Mil USD

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. Seats are limited, and confirmation is required to attend.

Also Read,

  • Korean Ministry Hosts’ Tourism Global Challenge Alumni Day’ To Foster Tourism Startups 
  • South Korean Government To Launch 1 Trillion Won Public-Private Joint Fund to Boost Startups 
  • KOSME K-Unicorn AcademyProgram: Startups Engage with Online Mentors from Singapore 
  • KOSME Launches 2023 K-Unicorn Academy Program to Empower Young Entrepreneurs

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

What’s your thoughts?
+1
0
Upvote
+1
0
Clap
+1
0
Clap
+1
0
On fire
+1
0
Meh
+1
0
Clap
+1
0
Tags: AcceleratorEntrepreneursInvestmentK-Unicorn Academy ProgramKOSMEMiddle EastSaudi ArabiaStartups
Previous Post

Safeware, a Personal Safety Device Developer, Showcases Its Smart Wearable Airbag C3 with a Fall Prevention Feature, at IFA 2023 in Germany

Next Post

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

Next Post
KOSME-beSUCCESS

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

No Result
View All Result

Popular Posts

  • Unveiling Korean Startups’ Innovation and Investment Potential: Join Us at KOSME-beSUCCESS Showcase in USA!

    0 shares
    Share 0 Tweet 0
  • 10 K-Dramas to watch for some ‘money matters’

    0 shares
    Share 0 Tweet 0
  • Unlocking Investment Opportunities: Explore Innovative Korean Startups at KOSME-beSUCCESS Showcase in Singapore

    0 shares
    Share 0 Tweet 0
  • Unlocking Investment Opportunities: KOSME-beSUCCESS’ Korean Startups Showcase in Riyadh Invites Investors 

    0 shares
    Share 0 Tweet 0
  • Hills Robotics, Distribution Robot Developer, Signs MoU with Indonesian Robot Company ‘Sari Teknologi’  

    0 shares
    Share 0 Tweet 0
  • Three Restaurant Apps to try out for a fine dining experience in South Korea  

    9 shares
    Share 9 Tweet 0
  • Top Korean Dating apps that can help you make new connections in South Korea

    1 shares
    Share 0 Tweet 0
  • Pangyo Techno Valley: A Thriving Startup Hub in Korea

    0 shares
    Share 0 Tweet 0
  • Ministry of SMEs and Startups Hosts ‘Youth Startup Go To Global’ to Empower Korean Startups Striving for Global Market 

    0 shares
    Share 0 Tweet 0
  • Korean AI Startup Deeping Source Makes Strides in North American Market Expansion

    0 shares
    Share 0 Tweet 0
banner-sidebar




PRODUCTS

TESSAN Germany France Travel Power Adapter

Lonely Planet Korea 12

Korean Snack Box Variety Pack

OSULLOC Lovely Tea Gift Box Set

Topics

  • AI & Big Data
  • AR & VR
  • Blockchain
  • Clean Technology
  • Content & Games
  • Cybersecurity
  • Enterprise & SaaS
  • FinTech
  • Gadgets & Electronics
  • Health & Bio
  • IoT

Program

  • Asan Voyager
  • CAPA Global Program
  • SGSC Global Bootcamp
  • LAUNCHPAD
  • COMEUP STARS 120
  • K-Startup Grand Challenge
  • TIPS X beSUCCESS Global Project
  • SFL Global Program
  • KTO Global Showcase
  • Yonsei Univ Global Class
  • KOSME Global Program

FREE NEWSLETTER

Follow Us

Copyright © 2023 KoreaTechDesk | About Us | Our Services| Terms of Use |Privacy Policy |Cookie Policy Contact: [email protected] DMCA.com Protection Status

No Result
View All Result
  • Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • FinTech
    • Gadgets & Electronics
    • Health & Bio
    • Manufacturing
    • IoT
    • Marketplaces & E-commerce
    • Robotics
    • Transportation & Logistics
    • Investments
    • Ecosystem & Lists
  • Interviews
  • Events
    • COMEUP
    • NextRise
    • Try Everything
  • Governments
    • Gyeonggido Business & Science Accelerator
    • Korea Creative Content Agency
    • Korea Internet & Security Agency
    • Korea Institute of Startup & Entrepreneurship Development
    • Korea Tourism Organization
    • Korea Trade-Investment Promotion Agency
    • Ministry of SMEs & Startups
    • National IT Industry Promotion Agency
    • Pangyo Techno Valley
    • Seoul Business Agency
    • Seoul FinTech Lab
    • South Gyeongsang Province
    • Seoul Metropolitan Government
  • Programs
    • Asan Voyager
    • CAPA Global Program
    • LAUNCHPAD
    • COMEUP STARS 120
    • K-Startup Grand Challenge
    • TIPS X beSUCCESS Global Project
    • SFL Global Program
    • KTO Global Showcase
    • Yonsei Univ Global Class
    • KOSME Global Program
  • Investment Opportunities
    • Launchpad France Demoday
    • TIPS Global Demoday
    • Launchpad USA Demoday
    • Launchpad Indonesia Demoday
  • Business Agencies
    • Accounting Firms
    • Ads & Marketing
    • Law Firms
  • Lists
  • Submit an Article
  • Profile
  • My Articles
  • Create your Startup Profile
  • My companies
  • My Saved Deals
  • Logout

Copyright © 2023 KoreaTechDesk | About Us | Our Services| Terms of Use |Privacy Policy |Cookie Policy Contact: [email protected] DMCA.com Protection Status

Our Spring Sale Has Started

You can see how this popup was set up in our step-by-step guide: https://wppopupmaker.com/guides/auto-opening-announcement-popups/

Our Spring Sale Has Started

You can see how this popup was set up in our step-by-step guide: https://wppopupmaker.com/guides/auto-opening-announcement-popups/

We hope you enjoy our content, May you please give us Feedback regarding our website!

Single Post Feedback

dgdfgfdgdf

What you think about Koreatechdesk, Share your idea with us!

feedback popup

Invitation submission has been closed

Insert/edit link

Enter the destination URL

Or link to existing content

    No search term specified. Showing recent items. Search or use up and down arrow keys to select an item.