Bluepoint Invests 18 Billion KRW in 56 Companies Last Year

Surpassing a Total of 331 Companies

Bluepoint, a leading domestic accelerator, announced on the 25th that it executed new investments totaling approximately 18 billion KRW in 56 startups last year. As a result, the cumulative number of startups invested in by Bluepoint reached 331 as of the end of last year.

The industry distribution of the 56 startups newly invested in by Bluepoint last year was ▲ Industrial Technology 26.7% ▲ Data & AI 19.6% ▲ Digital Life 10.7% ▲ Bio & Medical 8.9% ▲ Content 7.1% ▲ Healthcare 3.6% ▲ Foodtech 3.5% ▲ Cleantech 1.7% ▲ Others 17.8%.

Among the entire portfolio companies, 117 startups secured investments last year, with an average amount raised of 2.34 billion KRW. Compared to the previous year, the number of companies securing investments increased by 40.9%, but the average amount decreased by 39.5%.

To support deep tech startups, the Deep Tech TIPS program, introduced for the first time last year, recommended and selected 6 companies. The selected companies are Simacro, Laser & Graphene, Cubim Solution, ArcGen Biosciences, Idda Semiconductor, and Pebble Square. For the 4th recruitment of the 'Batch Program Alumni' targeting pre-seed and early-stage startups, 6 teams were selected from 400 applicants, recording a competition rate of 66 to 1.

Lee Yong-kwan, CEO of Bluepoint, said, “Despite the challenging environment, Bluepoint has not stopped various attempts to continue its growth momentum,” and added, “This year, in addition to the deep tech field where we already have strengths, we will focus more on population issues from the perspective that ‘the size of the problem is the size of the market.’”