New Paradigm Investment Hosts Startup Open Collaboration Seminar

Participants of the 10th New Paradigm Investment Portfolio Open Collaboration Seminar.
[Photo by New Paradigm Investment]

[Asia Economy Reporter Kwak Minjae] New Paradigm Investment, the operator of TIPS, announced on the 25th that it successfully concluded a joint collaboration seminar held at the COEX conference room in Samseong-dong, with participation from seven investment companies in the blockchain and metaverse business sectors.

The seminar featured seven companies: AI style tech startup ‘Moiber (MOIBER)’, art-specialized metaverse startup ‘Meum (MEUM)’, the operator of the fractional investment platform ‘Piece (PIECE)’ called ‘Bysell Standard’, pet identity verification DApp service ‘Blockpet (Blockpet)’, Urban Complex, AR metaverse startup ‘Imagineers (IMAGINEERS)’, and K-pop Map.

Notably, the seminar included a group visit to the Urban Break COEX exhibition, an art fair hosted by Urban Complex, a company invested in by New Paradigm Investment. After touring the exhibition, the event continued in the COEX conference room with introductions of the participating companies and a networking session to discuss mutual cooperative projects.

CEO Park said, “This is a regular event to generate collaborative ideas to create business synergy among portfolio companies invested by New Paradigm Investment. By combining it with a group visit to the COEX ‘Urban Break 2022 Art Fair’ hosted by one of the invested companies, Urban Complex, the event became even more enriching.”

Kim Jinseong, CEO of Imagineers who participated in the seminar, shared his thoughts: “In June, we were selected as a TIPS startup team recommended by New Paradigm. Through regular cooperation and exchange, we aim to promote growth and development, build a united front for metaverse and NFT businesses, and strengthen collaborative achievements through joint commercialization by senior companies and business linkage by junior companies.”

Finally, CEO Park expressed his aspirations: “We will early discover startups in the metaverse and NFT sectors with potential to grow into ‘baby unicorns’, support them with initial investments, and participate in TIPS selection and follow-up investments to help them grow into baby unicorn companies. We will continuously provide essential support tailored to key performance indicators and growth stages as a vital catalyst.”