The 4th Pan-Pan Day for the global expansion of startups in Pangyo

The 4th Pan-Pan Day, an IR event for supporting the global expansion of Pangyo Innovation Startups, was held at the Pangyo Techno Valley Startup Campus on November 16th, organized by the GBSA (Director: Kang Sung-cheon) and accelerator Wynn Archer.

Pan-Pan Day is an accelerating program that supports the global expansion of Gyeonggi Province’s innovative startups, providing seminars and pitching opportunities for startup investment.

During the IR presentations, six companies, including One Cup (CEO Choi Soo-jeong), operating the One Cup PRO, a one-stop fractional investment service based on real estate valuation systems; Fairy (CEO Jang In-seon), a CRM marketing solution based on user online behavior data; Geo Ventures (CEO Kang Min-jae), the operator of a subscription mall for regular delivery of daily necessities; Clique Soft (CEO Je Seong-ho), operating the pet care platform “Yotji” linked to animal hospital EMR; JL Standard (CEO Jo Nam-woong), the operator of the AI character chat, voice, and video conversation platform “Soul Link”; and EKLEER (CEO Jung Yoon-ji), the developer of a smartphone and laptop-connected portable display, presented their business models to investors.

Venture capital firms such as Bluepoint Partners, ENSL Partners, KIWOOM Investment Management, Smilegate Investment, and Donghoon Investment participated in advising on and discussing follow-up investments for fundraising.

Three open seminar programs for startups were organized during Pan-Pan Day. In the first session, Choi Dong-hyun, CEO of Quota Lab, the operator of the SaaS-based electronic securities management platform “Quota Book,” discussed the reasons why startups should think differently about attracting overseas investors compared to domestic investors, explaining considerations and preparations for attracting overseas investments. He also introduced variables to consider when raising additional funds from overseas VCs at the investment attraction stage, providing detailed guidance on considerations for Pangyo startups in global expansion.

In the following session, Kwon Yong-jin, director of Insight Equity Partners, discussed startup strategic approaches for each investment round, from seed to exit, in his presentation titled “Startup Strategic Approaches by Investment Round.”

In the final session, Professor Lee Joon-young of Sangmyung University and author of Trend Korea discussed “Previewing 2024 through Trends,” providing insights into trends that startups should consider based on the keyword “DRAGON EYES” in 2024 for service or product development.

Kang Min-jae, CEO of Geo Ventures, the operator of the subscription mall for regular delivery of daily necessities, stated, “Through this event, I had a very informative time receiving the consulting education necessary for startups. Thanks to this, it seems to be very helpful for growth, and Geo Ventures will strive to show a positive development.”

Meanwhile, the Gyeonggi Business & Science Accelerator supports platforms and programs for startups in the 4th industrial strategic field within Pangyo Techno Valley. The global startup IR event Pan-Pan Day is scheduled to take place again on November 23rd.

For inquiries and connections with Korean tech companies mentioned in this article, contact us at [email protected]. We’re here to facilitate valuable partnerships.

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