Venture capitalists seeking high-impact, internationally scalable startups have an unprecedented opportunity at the TIPS Global Demo Day, scheduled for December 27, 2024. This event features 10 elite Korean startups, meticulously selected from TIPS’s portfolio for their potential to lead in high-growth global sectors such as AI, biotechnology, energy innovation, and semiconductors.
Backed by government support and a strong private sector network, these startups are ready to expand globally, making this event a key moment to engage with Korea’s most promising tech ventures. Korea’s dynamic tech ecosystem is supported by a strong government support to innovation, as evidenced by initiatives like the K-Startup Grand Challenge and the Tech Incubator Program for Startups (TIPS), which have already helped startups raise over $10.7B in investments and create thousands of jobs.
The TIPS Global Demo Day offers VCs direct access to success stories, allowing you to tap into cross-border investment opportunities, government-backed innovation policies, and Korea’s rapidly expanding tech space.
Why TIPS Global Demo Day is Essential for Strategic Investors
The TIPS Global Demo Day is a curated showcase of Korea’s most globally-ready technology companies. Selected from TIPS’s extensive portfolio, these startups have demonstrated clear potential for international market expansion and are poised to make a significant impact across industries and geographies. Backed by a combination of government support and private sector networks, these startups shall leverage the vast opportunities available in the global market.
This is an invitation-only event, limited to a select group of venture capitalists who are looking to tap into the growing power of Korea’s high-tech startup ecosystem. By attending, you gain direct access to global investment opportunities, cross-border expansion strategies, and strategic insights into Korea’s most promising tech sectors.
Strategic Value for Investors: The Big Picture!
- Exclusive Access to Top-Tier Startups: TIPS has curated a group of 10 of its most advanced startups for this event, ensuring that investors are introduced to high-caliber companies primed for international success.
- First Mover Advantage: As part of a group of select investors, you will have first access to startups that have already been validated for international expansion, offering you a significant edge in identifying early-stage investment opportunities.
- Global Reach with beSUCCESS: Through the collaboration with beSUCCESS, investors will also tap into an influential global network of over 6,500 investors spanning more than 50 countries, including cross-border collaborations with key players in North America, Europe, and beyond.
- A Gateway to Korea’s Innovation Ecosystem: TIPS’s government-backed program has supported over 3,200 startups and generated $10.7B in investments. This, combined with the expertise of beSUCCESS in facilitating global expansion, ensures that you are engaging with startups poised for growth on the world stage.
- Cross-Border Investment Opportunities: Investors attending the event will not only be evaluating startups for domestic growth but also assessing their potential for scaling across 50+ countries, tapping into new and emerging markets worldwide.
- Access to Key Technology Sectors: The startups featured in this event span critical, high-growth technology sectors, including Advanced Materials & Machinery, Biotechnology & Digital Healthcare, Energy & Sustainable Resources, Electronics & Semiconductor, and Information & Communication Technology (ICT).
Proven Track Record of Success: A Launchpad for Global Expansion
The TIPS Global Demo Day features a handpicked selection of 10 elite Korean startups, each with a proven track record of success and immense potential for global market expansion. These startups have raised significant funding from renowned global investors and have demonstrated strong performance in high-growth sectors such as AI, biotechnology, sustainable energy, and advanced materials.
Notable Success Stories:
- Riiid (AI Education Solutions)
Secured $175M in Series D from SoftBank Vision Fund 2, reaching unicorn status in 2022. Riiid’s AI-powered solutions have revolutionized the education sector, setting a new benchmark for AI integration in learning. - bitsensing (Radar Technology)
Raised $25M in Series B from global investors, including HL Mando, Korea Development Bank, and IBK Industrial Bank of Korea, leading the way in innovative radar technology for a variety of applications, from automotive to healthcare. - Nota AI (AI Optimization Platform)
Raised $19.9M in Series C from STIC Ventures and LB Investment, enhancing AI optimization for businesses and driving forward the adoption of machine learning technologies.
Through its signature events, such as beLAUNCH and beGLOBAL (2012-2015), beSUCCESS has demonstrated an impressive ability to support startups onto the global stage. Notably, beSUCCESS has been instrumental in launching two unicorns (Toss and Sendbird), achieving seven successful exits, and maintaining a 10%+ success rate in global expansion. These milestones highlight the robust support provided by the TIPS and beSUCCESS collaboration.
This synergy between TIPS’s government-backed startup incubation and beSUCCESS’s global acceleration expertise has enabled these startups to scale rapidly, positioning them for long-term success in international markets.
The 10 Startups to Watch at TIPS Demo Day 2024
This year’s TIPS Demo Day showcases 10 dynamic, high-potential startups representing a wide range of industries, from healthcare to AI and biotechnology. These startups have demonstrated exceptional innovation and are poised for global expansion. Here’s a closer look at each of them:
- MolCube, Inc.
Sector: Biotechnology & Pharmaceutical
Focus: MolCube is revolutionizing molecular dynamics simulations, providing advanced solutions for pharmaceutical and biotech companies. Their technology improves drug discovery, especially in personalized medicine and the development of biologics.
Funding: 3,000,000,000 Won ($ 2,149,743), Series A, 2023.09
Why Watch: MolCube’s proprietary AI-driven simulation models are transforming the way researchers test drug interactions and molecular properties, making them a critical player in the pharmaceutical industry. - Injewelme
Sector: HealthTech / AI
Focus: Injewelme provides AI-driven health solutions for children, offering over 98% accuracy in preventive care. Their system uses AI to detect early signs of health issues and recommends personalized interventions.
Funding: 300,000,000 Won ($210,000), Seed +, 2024.10 (round in progress).
Why Watch: Focused on pediatric health, Injewelme’s technology has the potential to redefine preventive medicine for children, targeting a growing market in both developed and emerging regions. - S&K Therapeutics
Sector: Biotech / Pharmaceuticals
Focus: S&K Therapeutics is developing AI-driven oral medications for autoimmune diseases such as psoriasis, lupus, and rheumatoid arthritis. Their breakthrough treatments promise to significantly improve patient outcomes in chronic disease management.
Funding: 1,600,034,813 won ($1,194,947), Pre A, 2021.09.
Why Watch: With the global autoimmune disease market continuing to grow, S&K Therapeutics’ innovations could potentially capture a significant share by offering novel, effective oral treatments. - Corca LLM
Sector: AI / Data Management
Focus: Corca LLM is AI-powered data management solutions aimed at revolutionizing document search and team collaboration in businesses. Their platform uses machine learning to streamline document retrieval and enhance productivity for corporate teams.
Funding: 8,034,058,290 won ($5,612,260, Pre A, 2023. 3.
Why Watch: With growing demand for AI-driven solutions in the corporate sector, Corca LLM’s platform could disrupt enterprise-level operations, driving efficiency across industries like finance, legal, and healthcare. - PerfittSize
Sector: FashionTech / AI
Focus: PerfittSize is transforming the footwear industry by offering a size recommendation solution trusted by high-end brands like Gucci and Columbia. Their platform uses AI to suggest the most suitable shoe size for customers, reducing returns and enhancing customer satisfaction.
Funding: 650,000,000 won ($4,814,810), Series Pre-A, 2022.04
Why Watch: As e-commerce in fashion continues to grow, PerfittSize addresses a major pain point by helping both consumers and brands reduce returns and improve customer experience in footwear purchases. - Hilokal
Sector: EdTech / AI
Focus: Hilokal is an AI-powered language learning platform with over 1.6 million users globally. Their platform combines artificial intelligence with community-driven learning to offer personalized language instruction for users across the world.
Funding: 1,501,272,894 won ($1,072,337), Pre-Series A , 2023.12
Why Watch: With a large and expanding user base, Hilokal is poised to capture more market share in the rapidly growing online education sector, especially in language learning, an essential tool in a globalized world. - Vaxdigm
Sector: Biotech / Vaccine Technology
Focus: Vaxdigm is pioneering a new method of virus-like particle vaccine production with its CHAPERNA platform. The company is focused on developing vaccines for various viral diseases, with a unique production approach that promises higher efficacy and lower production costs.
Funding: 3,510,000,000 won ($ 2,448,000), Series A, 2024, 10
Why Watch: As global health challenges continue to evolve, Vaxdigm’s vaccine technologies could provide a scalable solution for rapid vaccine production, addressing urgent needs in public health globally. - ArgosVision
Sector: Robotics / AI
Focus: ArgosVision is developing panoramic 3D vision systems for smart robotics. Their technology enhances robot perception by enabling them to understand and navigate complex environments in real-time.
Funding: 200,002,500Won ($170,796), Seed, 2021.09
Why Watch: ArgosVision’s innovation is highly applicable in industries such as autonomous vehicles, logistics, and manufacturing, providing a vital component for the next generation of robotics. - Credos Partners
Sector: FinTech / Investment Solutions
Focus: Credos Partners specializes in offering private overseas investment solutions and IT services for financial institutions. They bridge the gap for financial entities looking to expand their global reach with seamless and secure investment platforms.
Funding: 470,000,000Won ($360,000), Seed, 2023.04
Why Watch: With growing global interest in cross-border investment opportunities, Credos Partners is strategically positioned to help financial institutions access new markets and optimize their international portfolios. - AIPARK Inc.
Sector: AI / SaaS
Focus: AIPARK is an innovative SaaS platform for creating multilingual digital human videos at scale. Their technology allows businesses to create highly realistic virtual human videos in multiple languages, enhancing global marketing and customer engagement strategies.
Funding: 600,000,000 won ($400,000), Seed, 2022.03
Why Watch: As companies increasingly adopt AI and virtual solutions in their marketing and customer service, AIPARK is poised to capture a significant portion of the AI-driven content creation space.
Event Details:
Date: December 27, 2024 (Friday)
Time:10:00 AM – 12:00 PM KST
10:00 – 10:10 | Welcome & Introduction to Korea’s Startup Ecosystem
10:10 – 11:50 | Startup Presentations & Technology Showcase
11:50 – 12:00 | Interactive Discussion & Networking
Format: Virtual (Zoom link provided upon registration)
Language: English
Who Should Attend?
This event is specifically designed for venture capitalists who:
- Have a strategic interest in Korean tech startups and want to explore investment opportunities in emerging technologies.
- Possess international investment expertise and are looking for startups ready for global market expansion.
- Are passionate about cross-border collaboration and are committed to supporting innovation on a global scale.
- Have experience with global investment strategies and can offer invaluable insights into scaling companies internationally.
Limited Access for VCs
To ensure the highest level of engagement and strategic collaboration, this event is strictly limited to just 10 qualified venture capitalists. By limiting attendance, we ensure that all participants have the opportunity to engage deeply with the startups, fostering meaningful relationships and long-term investment opportunities.
About the Organizers
- Korea Business Angels Association (KBAN): As Korea’s leading network for business angels, KBAN has been instrumental in supporting early-stage startups and fostering a robust investment ecosystem.
- beSUCCESS Media Group: A global startup platform with a proven track record in helping startups scale internationally, beSUCCESS connects investors and entrepreneurs across borders, fostering innovation and business growth.
- TIPS (Tech Incubator Program for Startups): Recognized globally as one of the top startup accelerators, TIPS has supported over 3,200 startups, generated more than $10.7B in investments, and helped create more than 22,500 new jobs, positioning itself as a central player in the global startup ecosystem.
Register Now for the TIPS Demo Day 2024
Do not miss the opportunity to gain exclusive access to Korea’s most promising startups and shape the future of cross-border innovation. Register now to secure your place at the TIPS Global Demo Day and be part of this pivotal moment in the global tech investment landscape.