First Domestic Public Interest Foundation to Join
Asan Nanum Foundation announced on July 14 that it has been selected as a member company of the global venture investment network, 'NVIDIA Inception VC Alliance,' hosted by NVIDIA. This marks the first time a domestic public interest foundation has achieved this distinction.
The 'NVIDIA Inception VC Alliance' is a global VC consortium established to support the growth and fundraising of startups participating in the NVIDIA Inception program, which fosters over 9,000 artificial intelligence (AI) startups worldwide. More than 200 venture capital firms, private equity funds, sovereign wealth funds, and family offices are participating in this alliance.
Asan Nanum Foundation has been selected as a member company of the 'NVIDIA Inception VC Alliance,' hosted by NVIDIA, becoming the first domestic public interest foundation to do so. Asan Nanum Foundation
Based on this global partnership, Asan Nanum Foundation plans to strengthen connections between domestic AI startups and global investment partners, while actively supporting the overseas expansion of startups.
First, startups residing in 'MARU,' the foundation's entrepreneurship platform and incubator, or those currently being nurtured as part of its batch teams, will be given the opportunity to be recommended for or connected with the 'NVIDIA Inception' program. The foundation also plans to leverage the NVIDIA program and network to support the global expansion and growth of startup teams in AI, deep tech, and manufacturing sectors.
A representative from Asan Nanum Foundation stated, "Through the NVIDIA Inception VC Alliance, Asan Nanum Foundation aims to go beyond simple global investment connections and provide domestic startups with opportunities to utilize the networks of world-leading technology companies."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
