Korean Venture Firms Matched with Silicon Valley VCs... Korea Investment Corporation Hosts IR Event

Supporting Investment Activities of Korean Ventures in the United States

Korean venture companies were given the opportunity to attract investment from local venture capital firms (VCs) in the United States, thanks to an initiative led by Korea Investment Corporation (KIC).

KIC announced on September 14 that it held the 'K-Global Deep Konnect IR' event in San Francisco, USA, on September 11 (local time).

This event was organized in collaboration with Korea Venture Investment Corp (KVIC), which is under the Ministry of SMEs and Startups, and KIC Silicon Valley, which is affiliated with the Ministry of Science and ICT. KVIC is responsible for domestic venture investment, while KIC Silicon Valley is dedicated to nurturing promising venture companies.

A representative from a Korean startup is giving a presentation at the 'K-Global Deep Konnect IR' event held by the Korea Investment Corporation San Francisco office on the 11th (local time) in San Francisco, USA. The event was jointly hosted by Korea Venture Investment Corp (KVIC) and KIC Silicon Valley. KIC

The three organizations divided their roles in preparing for the event. KIC and Korea Venture Investment Corp invited local venture capital firms, while KIC Silicon Valley connected Korean startups. Korea Investment Corporation had signed a memorandum of understanding (MOU) with Korea Venture Investment Corp in June to support overseas expansion of domestic venture companies, and this event was the result of that initiative.

Thirty Korean startups specializing in fields such as physical artificial intelligence and autonomous driving participated in the event. Over 100 representatives from Silicon Valley's VCs and asset management firms, including Notable Capital and NEA, attended to engage in discussions about realistic investment opportunities.

A representative from Notable Capital, which participated in the event as a VC asset manager for Korea Investment Corporation, stated, "Korea is a country with outstanding capabilities in manufacturing, robotics, defense, and semiconductors, and is expected to play a key role in the future of physical AI." The representative further added, "This event has become an opportunity to expand interest in Korean venture companies with strong technological capabilities."

Yumi Park, Head of the San Francisco Office at Korea Investment Corporation, commented, "This event served as a bridge for collaboration between the Korean startup ecosystem and U.S. venture capital firms. We will continue to work with various organizations to serve as a hub for the local Korean venture and startup community."

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