Samsung Securities announced on August 22 that it has signed a memorandum of understanding (MOU) with the Global Commercialization Center (GCC) of the Korea Advanced Institute of Science and Technology (KAIST) to foster deep tech startups and support their global expansion. Through this partnership, Samsung Securities will provide total financial solutions to companies collaborating with KAIST, supporting their growth.
From the left, Yang Wanmo, Executive Director and Head of Gangnam Regional Headquarters at Samsung Securities, and Choi Moonki, Director of KAIST GCC Center, are signing a business agreement in the conference room at COEX, Gangnam-gu, Seoul. Samsung Securities
The KAIST Global Commercialization Center (KAIST GCC) was established in 2015 to promote the global expansion of outstanding technologies and business models developed by domestic universities, research institutes, and companies.
As a specialized research center under KAIST focused on global technology commercialization, it supports both demand-driven (Demand Pull) and technology supply-driven (Tech Push) discovery of needs for commercialization cooperation, technology development through partner connections, and business model development.
KAIST GCC is gradually expanding its scope of collaboration and target areas from ICT and science and technology to convergence technologies and digital transformation technologies. It is focusing on the commercialization of core deep tech industries such as robotics and mobility, bio, semiconductors and batteries, and artificial intelligence (AI).
It has been selected as the lead institution for technology commercialization in the robotics sector for the Ministry of SMEs and Startups' "DIPS 1000+ Project," supporting 77 robotics companies. This project, running from 2023 to 2027, is a public-private partnership aimed at selecting and intensively supporting more than 1,000 startups in 10 major deep tech fields, nurturing them into global unicorns.
Through this partnership, Samsung Securities will provide total financial solutions tailored to the growth stages of companies collaborating with KAIST GCC, covering everything from fundraising and management to initial public offerings (IPO). The company also plans to actively support these companies as a strategic partner, helping them expand new business opportunities.
A representative from Samsung Securities stated, "Based on our extensive know-how in corporate total services, we will do our utmost to support innovative companies from KAIST GCC in growing into global unicorns."
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