Hana Securities Signs MOU with Bluepoint Partners to Support Growth of Innovative Companies
Hana Securities announced on the 30th that it has signed a memorandum of understanding (MOU) with startup accelerator Bluepoint Partners for cooperation in supporting the growth of innovative companies and strengthening capital market collaboration.
Sungmook Kang, CEO of Hana Securities (right), and Yonggwan Lee, CEO of Bluepoint Partners, are taking a commemorative photo at the agreement ceremony for supporting the growth of innovative companies held on the 29th at Hana Securities headquarters in Yeouido. Hana Securities
View original imageThis agreement was established to link the two companies' capabilities in investment and business incubation, discover promising innovative companies, and provide investments and capital market services tailored to the companies' respective growth stages.
Bluepoint Partners is an accelerator that discovers promising startups—including those in deep tech—and supports initial investments and business incubation. Since its establishment in 2014, the company has invested in over 400 startups, building extensive investment experience and networks.
Through this agreement, the two companies plan to collaborate on several initiatives, including joint discovery and new investments in promising innovative companies, follow-on investments for portfolio companies, stage-specific financial support such as pre-IPO and secondary market transactions, as well as IPO underwriting and post-listing financial support.
In particular, by combining Hana Securities' investment and corporate finance expertise with the promising companies discovered and incubated by Bluepoint Partners, they plan to support subsequent growth of early-stage startups and establish a collaborative system that extends to market entry via the capital market.
Kang Sungmook, CEO of Hana Securities, who attended the signing ceremony held at the company's headquarters in Yeouido, Seoul the previous day, stated, "By combining Bluepoint Partners' experience in discovering and nurturing innovative companies with Hana Securities' expertise in investment and capital markets, we expect to provide substantial financial support to companies with high growth potential. We will continue to expand the supply of venture capital and offer a diverse range of financial solutions to promising innovative companies."
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Lee Yonggwan, CEO of Bluepoint Partners, commented, "Startups require a variety of opportunities during their growth journey, not only after initial investment but also during follow-on financing and entry into the capital market. We will work with Hana Securities to help promising innovative companies advance to their next stage of growth."
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