Kiwoom Securities Signs MOU with Mirae Science Technology Holdings to Expand Venture Capital Supply

Expanding Fundraising Opportunities for Technology Companies

Kiwoom Securities is partnering with Mirae Science Technology Holdings to expand productive finance and venture capital supply.

On September 8, Kiwoom Securities announced that it had signed a strategic Memorandum of Understanding (MOU) with Mirae Science Technology Holdings to expand productive finance and venture capital investments, at its headquarters in Yeouido, Seoul, on the afternoon of September 8. Joo Sung Um, CEO of Kiwoom Securities, and Donghyun Shin, CEO of Mirae Science Technology Holdings, were present at the signing.

Joo-sung Um (left), CEO of Kiwoom Securities, and Donghyun Shin, CEO of Mirae Science Technology Holdings, are signing a business agreement on the afternoon of the 8th at the Kiwoom Securities headquarters in Yeouido, Seoul. Kiwoom Securities

Mirae Science Technology Holdings is a public technology commercialization company established by four science and technology-focused universities: Korea Advanced Institute of Science and Technology (KAIST), Ulsan National Institute of Science and Technology (UNIST), Gwangju Institute of Science and Technology (GIST), and Daegu Gyeongbuk Institute of Science and Technology (DGIST). The company commercializes university research achievements and supports the founding and growth of technology-based companies utilizing this foundation.

The two companies plan to jointly expand funding for promising technology firms capable of creating new markets through innovation, including investments and support linking them to capital markets.

This agreement is part of Kiwoom Securities’ ongoing initiative to strengthen productive finance by supplying growth capital to innovative companies and expanding the role of private venture capital. Kiwoom Securities has been continuously expanding collaboration with technology holding companies at domestic universities so that funding can flow more smoothly to businesses with technology prowess and growth potential.

The two companies plan to combine the technology commercialization experience and science & technology university network of Mirae Science Technology Holdings with Kiwoom Securities’ investment and corporate finance capabilities, thereby expanding fundraising opportunities for tech companies. Moving forward, they intend to cooperate on sharing information about promising companies and technologies, supporting follow-up investments and pre-IPO/IPO fundraising, and linking investment and industry networks.

Donghyun Shin, CEO of Mirae Science Technology Holdings, said, “Through this partnership with Kiwoom Securities, we plan to expand the identification of investment opportunities based on the outstanding research achievements of Korea’s top faculty and researchers, and foster future promising companies by providing growth support.”

Joo Sung Um, CEO of Kiwoom Securities, stated, “Through collaboration with Mirae Science Technology Holdings, which has strengths in discovering deep tech companies, we will expand investments in innovative firms. We will concentrate our financial capacity to provide tailored financial solutions for the entire corporate lifecycle pursued by Kiwoom Securities, and help contribute to regional economic development.”

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