Kookmin University Technology Holdings Subsidiaries 'Erid' and 'Sercadian' Selected for TIPS

[Provided by Erid, a subsidiary of Kookmin University Technology Holdings Co., Ltd., and Circadian]

Kookmin University Technology Holdings Co., Ltd. (CEO Inhyeong Lee) announced that its invested startups, Erid Co., Ltd. (CEO Minhwa Yang) and Circadian Co., Ltd. (CEO Daehwan Kim), have been finally selected for the TIPS program, a technology startup support initiative by the Ministry of SMEs and Startups.

TIPS (Tech Incubator Program for Startup) is a project by the Ministry of SMEs and Startups and private investors to foster startups with leading technology and business potential. Through this TIPS selection, Erid and Circadian will receive up to 700 million KRW in research and development (R&D) funding over two years.

Erid is a company that provides customized professional educational services for the prevention and education of dyslexia and reading difficulties in children and adolescents. Through this TIPS program, Erid plans to develop an AI-based Korean phonics phonological rule learning system (software) for foreign learners. This system is expected to enhance the efficiency of Korean language learning by assessing the learning level and characteristics of foreign learners and providing tailored learning content.

Circadian, which possesses innovative technology for treating sleep disorders based on hormonal rhythms, offers customized light therapy and prevention solutions by measuring and diagnosing 24-hour light pollution and sleep hormone rhythms to contribute to the treatment and prevention of sleep disorders. Through this TIPS selection, Circadian plans to advance its sleep care platform and solutions, and it is expected to play a significant role in revitalizing the sleep disorder treatment market by mass-producing deep-tech-based products and entering domestic and international markets.

Inhyeong Lee, CEO of Kookmin University Technology Holdings, said, “We are pleased that our efforts to support startups with excellent capabilities have come to fruition through the TIPS selection of our subsidiaries,” adding, “We will continue to discover promising technology startups and do our best to create a positive industry-academia cooperation ecosystem.”

This content was produced with the assistance of AI translation services.