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The 7th demo day of the accelerating program ‘NAACst STEP’ of SNAAC, a student-led startup accelerator at Seoul National University, has concluded.
At this demo day, 6 participating companies that completed the 8-week celerating program conducted IR pitching. The participating companies were selected through a competition rate of 11 to 1, and included Viscure, a display adhesive development company, Infinixion, a web novel AI translation and export company, Termit, an e-commerce product page AI design tool developer, Assem, a small cargo sharing platform ‘Self-Yongdal’ operator, Ocho Create, an influencer seeding marketing AI agent developer, and Romantic Robotics, a mobile manipulator development company.
The judging panel included judges from 5 venture capitals (VCs), including Kakao Ventures, Smilegate Investment, Sazze Partners, DSC Investment, and GS Retail.
As a result of the evaluation, Infinixion won the grand prize and Viscure won the grand prize.
NAACst STEP, now in its seventh year, is a growth support program for early-stage startups. During the eight-week project period, Snack assigns a ‘growth partner’ to each participating company on a 1:1 basis and provides mentoring through partnerships with VCs and law, patent, tax, and accounting firms. It also regularly holds networking events for exchanges between startups.
Jo Ha-eun, CEO of Snack, said, “This year, Snack plans to significantly expand its startup industry network and strengthen its role as a startup hub where each member can create explosive synergy,” adding, “We will focus on expanding opportunities for more entrepreneurs to participate, not just companies participating in NAACst STEP.”
Snack is a non-profit startup accelerator led by Seoul National University students, and is characterized by supporting early-stage startups without equity investment. It operates the startup accelerator program ‘NAACst STEP’, the startup network ‘SNAAC Pool’ of Seoul National University graduates, and the entrepreneur lecture and networking event ‘NAAC-Tie’.
Among the startup teams that have gone through Snack, there are ‘Dalpa’, which achieved 13.3 billion won in cumulative investment in just one year after establishment, and ‘The Playto’, which attracted a total of 800 million won in seed investment.
Seoul National University Student-led Accelerator Snack, ‘NAACst STEP’ 7th Demo Day Completed
Chungnam National University and Yuseong-gu, Daejeon held the ‘Regional Startup Excellent Technology Competition’ to discover and support the growth of startups with excellent technologies based on Daejeon’s core strategic industries, A·B·C·D (Aerospace, Bio, Chip, Defense).
On May 16, Chungnam National University’s Startup Support Team and Yuseong-gu held the ‘Regional Startup Excellent Technology Competition’ at Tipstown in Daejeon with the participation of about 30 local promising startups and related organizations.
This competition was designed to strengthen the competitiveness and innovation capacity of startups established within 7 years with excellent technologies based on Daejeon’s core strategic industries (Aerospace, Bio, Chip, Defense) and to foster the capacity to attract corporate investment.
In this competition, 10 startup companies selected through the first document evaluation presented their excellent technologies related to Daejeon’s core strategic industries and competed for the excellence and differentiation of their technologies.
As a result, 6 startups including Theien Co., Ltd. (CEO Kim Seong-tak), Lumos (CEO Lee Tae-hong), Stellavision Co., Ltd. (CEO Lee Seung-cheol), Nexwave Co., Ltd. (CEO Jeon Jin-wan), Ibis Bio Co., Ltd. (CEO Kim Dong-seok), and Sungjin SE Co., Ltd. (CEO Hong Jin-pyo) received the Excellent Technology Award, and 4 startups including Innature Co., Ltd. (CEO Han Se-jin), Zeta Mobility Co., Ltd. (CEO Lee Hyeon-seok), Viscure Co., Ltd. (CEO Lee Seok-ju), and Limobility Enterprise Co., Ltd. (CEO Lee Jae-hwan) received the Regional Economic Activation Award.
The awards ceremony for this competition will be held at the Chungnam National University Startup Incubation Center Performance Exchange Meeting scheduled for the end of this year, and Chungnam National University and Yuseong-gu plan to support follow-up commercialization and investment linkage for the startups selected for this competition.
Kim Cheon-gyu, the head of the Startup Support Team, said, “This competition is a meaningful opportunity to discover local startups based on Daejeon’s key strategic industries,” and added, “We will spare no support for the companies that win this time so that they can grow through customized startup support programs.” Meanwhile, Chungnam National University has been playing a hub role in the local innovation startup ecosystem since the inauguration of President Kim Jeong-gyeom, and has been leading the way in sustainable local innovation growth based on organic cooperation between campus specialization and Jisan-hak-yeon.
Chungnam National University-Yuseong-gu, ‘Local Startup Excellent Technology Competition’ Held
[Veritas Alpha=Reporter Park So-hyun] Seoul National University announced on the 8th that it will participate in the 'CES (Consumer Electronics Show) 2025', the world's largest information technology (IT)/home appliance exhibition to be held in Las Vegas, USA from January 7, 2025, for the fifth consecutive time from 2020 to this year. Seoul National University will set up an SNU exhibition hall in Eureka Park, the startup hall in the Venetian Expo, and support the participation of 15 startups utilizing university technology in CES 2025.
Seoul National University supports startups and university labs to create business performance for excellent technology-based startups and to create opportunities for global partnering of university lab technologies.
The participating companies in this exhibition are ▲TomoroRobotics (AI robot platform for logistics automation solutions) ▲Mysmax (edge-based AIoT platform that allows you to easily create your own smart space) ▲Moplat (integrated smart lighting solution for vehicles for future cars) ▲Integra Semiconductor (developer of the world's only 3D NAND flash memory simulator) ▲Innorem (non-invasive brain pressure measurement equipment based on brain waves) ▲ProvaLabs (multi-modal sensor system for biomodel verification for preclinical drug efficacy and toxicity evaluation) ▲Coating Solution for You (innovative fluid diagnosis and nano-film coating technology solution tailored to various industries) ▲Exerchain (body data prediction solution based on home healthcare devices) ▲Pimatch (all-in-one healthcare solution that guarantees the safety line of drug treatment) ▲Banff (real-time safety and fuel efficiency improvement solution based on intelligent tires). The excellent technologies of the Seoul National University training lab exhibited this time are ▲TIROCH (total solution for radiation-nanoparticle anticancer treatment using microneedles) ▲BIOROBOTICS (bio-mimetic, soft wearable robot, and prosthetic arm training) ▲VISCURE (design and manufacturing of advanced chemical materials related to electricity, electronics, semiconductors, and optics) ▲NEXT MI (establishment of simulation-based design and manufacturing process) ▲RS Lab in Dept of Chemistry Education (technology to read various stress signals felt by plants in real time).
Seoul National University participates in 'CES (Consumer Electronics Show) 2025’
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[Daejeon=Daily Korea Reporter Lee Young-ho] Chungnam National University (President Kim Jeong-gyeom) Startup Support Group held an ‘Open Innovation Meetup Day’ to create new growth engines for companies in demand and accelerate startups’ market entry.
Chungnam National University Startup Support Group held an ‘Open Innovation Meetup Day’ on the 11th at the Human Resources Development Center Maruville with the participation of Jo Kwang Paint and promising local startups.
‘Open Innovation’ is a strategy for companies to achieve innovation by utilizing external organizations or resources in the process of research, development, and commercialization. This event was prepared to create a plan for mutual growth and innovation between large and medium-sized companies by combining startups’ technology, knowledge, and ideas with internal resources.
On this day, five promising local startups, including Jogwang Paint, a demand company that has embarked on discovering new businesses in materials, electricity/electronics, and ESG, and Viscure Co., Ltd., Palladium Biotech Co., Ltd., Enspectra Co., Ltd., DK Bio Co., Ltd., and STH Co., Ltd., participated in the Open Innovation Meetup through a separate selection process.
The five startups that participated this time and Jogwang Paint's New Business Division matched differentiated technologies and ideas through 1:1 business meetings for PoC (Proof of Concept) and discovered practical collaboration tasks.
The Startup Support Team plans to select the final Open Innovation startups through a presentation evaluation in January next year and, together with Jogwang Paint, will support the startups' development of new technologies and new products through follow-up support such as PoC commercialization funds and technology development (R&D) in 2025.
Viscure CEO Lee Seok-ju said, “Startups rarely have the opportunity to meet large and medium-sized companies one-on-one to discuss business, so it was meaningful to have this opportunity,” and added, “I hope that this meetup will provide many opportunities for startups in our region to collaborate with large and medium-sized companies on a regular basis.” Startup Support Team Director Kim Cheon-gyu said, “This program is meaningful in that startups have built a cooperative system with large and medium-sized companies by overcoming limitations such as size and region,” and added, “We will continue to do our best to support startups to develop a sustainable open innovation ecosystem by strengthening research achievements and cooperative systems between companies.”
Chungnam National University holds ‘Open Innovation Meetup Day’
Seoul National University College of Engineering recently announced that it successfully completed the 'SNU Haedong Startup 5th Demo Day'.
At this event held on the 25th of last month at Building 38 of the College of Engineering, 18 excellent startup companies discovered and fostered by the 'SNU Haedong Junior Startup Program' over the past year received a total of 147 million won in business support funds and showcased innovative technologies and ideas in various fields.
The SNU Haedong Junior Startup Program is a startup support program that began in 2019 through an agreement between Seoul National University College of Engineering and the Haedong Science and Culture Foundation. It provides customized startup incubation services and operating funds to professors, students, and graduates preparing to start a business.
This program, which is now in its 5th year, has grown into a large-scale technology startup program with a total of 317 teams participating. In particular, the 5th program is evaluated to have further strengthened its expertise as a technology-based startup support program with the participation of 100 startup teams. The quantitative results, such as sales and investment attraction, achieved by the approximately 90 companies selected as excellent startup teams from the 1st to the 5th period are estimated to be over 50 billion won. If expanded to the performance of all participating companies, it is predicted that an economic value of approximately 100 billion won was created.
Dean Kim Young-oh of Seoul National University College of Engineering stated, “We are focusing on nurturing talents who are the main players in startups rather than fostering unicorn companies,” and “The excellent startup talents fostered by the program will lead the future with new technologies and entrepreneurial spirit.” Chairman Kim Young-jae of Haedong Science and Culture Foundation evaluated, “In this period, the passionate participation of many startup teams, especially graduate students, stood out, which means that this program has established itself as a cradle of future technological innovation,” and added, “I hope that the award-winning companies will overcome the difficulties of the early stages of startups and lay the foundation for growth that will take them to the next level through this support.”
Meanwhile, Seoul National University College of Engineering is promoting the creation of a world-class education and research environment and innovation in data-based engineering education under the goal of ‘nurturing leaders of global industry and society.’ Based on this vision, the SNU Haedong Junior Startup Program is playing a pivotal role in supporting technological innovation, startup ecosystem activation, and the growth of young entrepreneurs.
◇ List of SNU Haedong Startup 5th Awardees and Representatives (Total 18)
Softionics (Im Seong-su), Aptamarket (Jeong Ji-won), Idea Ocean (Kim Jung-ho), Inblog (Im Sang-won), Stream Music (Ryu Ji-hoon), Seojin Lab (Hong Su-jeong), Meta Farmers (Lee Gyu-hwa), Viscure (Lee Seok-ju), Sleepy (Seo Jeong-hwa), Spinto AI (Han Beom), Mind Honors (Kim Hyeon-jin), Mentor Space Global (Lee Kyung-ah), Moiji (Kim Ju-ho), Dori Bottle (Cho Ji-yeon), Wishes (Yoo Hyun-mo), Wearport (Bae Young-yoon), Vitality (Yoo Eo-jin), Healthy Friends (Lee Ji-soo)
Seoul National University College of Engineering-Haedong Science and Culture Foundation, ‘SNU Haedong Startup 5th Demo Day’ held successfully