Over 40 Metropolitan Area Venture Capital Firms Invited
"Supporting Step-by-Step Growth of Early-Stage Startups"
Gwangju City held the "Gwangju Startup Investment Attraction Briefing" on the 24th at D.CAMP Seolleung in Gangnam-gu, Seoul, inviting venture capitalists from the metropolitan area. Photo by Gwangju City
On September 24, Gwangju City held the "Gwangju Startup Investment Attraction Briefing (IR)" at D.CAMP Seolleung in Gangnam-gu, Seoul, to support the innovative growth of local startups.
This event was organized to channel capital, which is concentrated in the metropolitan area, into promising local companies, thereby invigorating Gwangju’s economy and building a dynamic startup ecosystem.
The briefing was attended by twelve early-stage startups, including companies nurtured under the G-Unicorn program and those invested in by Gwangju City's strategically developed artificial intelligence (AI) fund. These companies engaged in fierce competition to attract investment by showcasing their innovative technologies and growth potential to more than forty venture capitalists (VCs) from the metropolitan area and fund managers from Gwangju City's investment funds.
In particular, participating companies explored practical business expansion opportunities by taking part in listing briefings linked to the Korea Exchange (KRX), where they shared insights on securities market trends and listing know-how.
Since the launch of the 8th popularly elected administration, Gwangju City has established startup funds totaling 619.2 billion won, supporting stage-by-stage investments in early-stage startups.
Joo Jaehui, Director of the Economic Startup Bureau, stated, "This investment attraction briefing was organized to support the step-by-step growth of local companies," and added, "We will continue to expand the foundation for investment attraction so that Gwangju's outstanding early-stage startups can grow in both the national and global markets."
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