VC Association Supports Scaleup TIPS Companies' Entry into Japanese Market in Tokyo

The Korea Venture Capital Association (VC Association) announced on August 28 that it held the "Global Meetup (Korea Scaleup Springboard, Tokyo)" event in Tokyo, Japan from August 25 to 28, together with ten Scaleup TIPS companies. The event was designed to help participating companies specializing in artificial intelligence (AI), biotech, and deep tech enter the Japanese market and secure local investment and partnership opportunities.

The VC Association selected ten companies through a pre-screening process: Glorang, Deep Insight, Realsecu, EverX, Avis, Ibsell, Counterpoint Research, Colosseum Corporation, Pitch AI, and Philsang.

Various customized programs were held locally, including a visit to Tokyo Innovation Base (TiB), a roundtable with senior companies, a seminar organized by the Japan External Trade Organization (JETRO), as well as local investor relations (IR) presentations and networking meet-ups. Notably, at the networking sessions with local investors and experts, over 30 professionals—including those from Mitsubishi UFJ Trust and Banking Corporation, Global Brain, other Japanese venture capital and corporate venture capital firms, and legal experts—participated to thoroughly evaluate the business potential of the companies.

A representative of the association stated, "After the meet-up, we will conduct a satisfaction survey among the participating companies and plan to support follow-up meetings with local investors."

Meanwhile, Scaleup TIPS is an investment-linked technology development program overseen by the Ministry of SMEs and Startups, operated jointly by the Korea Technology and Information Promotion Agency for SMEs, the VC Association, and Korea Venture Investment Corp.

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