Participation in Japan's Largest Startup Conference
Exploring Opportunities for Investment Attraction and Overseas Market Expansion
Building Networks with Major Startup Cities in Asia
Busan Metropolitan City and the Busan Technological Startup Investment Institute are strengthening the foundation for local startups to enter the Japanese market and attract investment by participating in 'IVS 2025 Kyoto,' Japan's largest startup conference.
'IVS (Infinity Ventures Summit)' is an international conference that shares global innovative technologies and entrepreneurial spirit. This year's event was held from July 2 to July 4 at Miyakomesse in Kyoto. Busan City formed a delegation that included the Busan Technological Startup Investment Institute, SlashBSlash, and four local startups, and participated on site.
The city promoted this participation as part of its 'Global Exchange and Investment Attraction Support Project.' It focused on strengthening capabilities by providing pre-event workshops and IR (Investor Relations) coaching for participating companies, aiming to achieve tangible investment results during the event.
The four participating companies?Crosshub, SlashBSlash, FXIP, and CKBridge?conducted a total of 88 buyer consultations and more than 8 investment meetings. The city also held a separate side event locally to provide opportunities for networking with investors from across Asia, helping participating companies expand their markets.
Crosshub and FXIP reportedly received indications of investment review from overseas venture capital firms such as Plug and Play Japan, while SlashBSlash attracted interest from Zenda Capital, a Japanese IP and entertainment-focused investment firm. The companies actively communicated with local investors by operating 'Startup Market' booths, where they showcased their innovative technologies and business models.
The Busan City delegation visited the Japan External Trade Organization (JETRO) to examine Japan's startup ecosystem and discussed possible cooperation with JET Venture Capital, the largest corporate venture capital (CVC) in Japan. JET Venture Capital was established through the merger of Yahoo Japan Capital and LINE Ventures, and is actively investing in Korean startups.
The city is planning to invite JET Venture Capital to 'Fly Asia,' which will be held in September, and intends to accelerate the expansion of its global investment network. In the second half of the year, participation in overseas startup exhibitions such as 'SWITCH' in Singapore and 'BIBAN' in Saudi Arabia is also scheduled. Participating companies will be recruited by the end of July, and a unified K-Startup pavilion will be organized and dispatched.
Nam Dongwoo, Director of Financial Startup Policy for Busan City, emphasized, "Taking part in IVS will serve as an opportunity to broaden our foundation for cooperation with Asian startup cities, and we will continue to support promising Busan startups so that they can achieve tangible results in overseas markets."
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