KDB Supports Jeonbuk Startups in Attracting Investment, Partners to Foster Physical AI
Held “KDB V Jeonbuk Special” with Jeonbuk State
Four promising local companies present at IR session
Expanded exchanges with investors from the Seoul metropolitan area
The Korea Development Bank said it had co-hosted “KDB V Jeonbuk Special” with Jeonbuk State at the Industry-Academia Convergence Plaza of Jeonbuk National University on the 6th.
The event was organized to help promising local startups attract investment and support the development of future industries. About 150 people attended, including KDB Chairman Park Sangjin, venture capital investors from the Seoul metropolitan area and startup representatives from the southwestern region.
KDB has co-hosted the event with Jeonbuk State since last year. This year, it was held in conjunction with the “2026 Jeonbuk Startup Expo,” taking place on the 6th and 7th, to expand opportunities for investors from the Seoul metropolitan area and local innovative companies to connect. At the event, Professor Kim Soontae of Jeonbuk National University gave a presentation on “The Future of Physical AI in Jeonbuk State.” Venture investment experts then discussed “Strategies for Establishing Jeonbuk State as a Successful Regional Hub for Physical AI,” and four promising local startups held investor relations (IR) presentations.
The IR presentations featured Space Lab, which develops propulsion systems for satellite orbital maneuvering; Weflo, which provides AI solutions for electric mobility manufacturing and operations; KaiTech, which manufactures motor controllers and power modules for eco-friendly vehicles; and Hysol, which develops storage solutions for liquefied hydrogen at cryogenic temperatures. Attendees also visited Jeonbuk National University’s Physical AI Test Lab to see how AI is being used to control the movements of real robots.
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KDB is also continuing its financial cooperation with Jeonbuk State to foster the local venture ecosystem. In November last year, the two parties signed a “Business Agreement on Fostering the Local Venture Ecosystem and Revitalizing the Local Economy.” In April this year, KDB joined a “Joint Business Agreement on Financial Support and Cooperation Among Policy Financial Institutions” related to Hyundai Motor Group’s investment project in Saemangeum, worth approximately 9 trillion won. KDB Chairman Park Sangjin said, “We will provide unwavering support to help promising local companies overcome limitations in capital and networks and expand into larger markets.”
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