VC Association Supports Overseas Expansion of 'Scale-Up TIPS Companies'... Singapore IR
https://www.mk.co.kr/news/business/11383320|
The Scale-Up TIPS Headquarters of the Korea Venture Capital Association (KVA) held the "2025 Scale-Up TIPS Global Meetup 1 (Singapore)" program from the 29th to the 31st of last month in Singapore. This event, now in its fourth year since 2022, aims to connect local startups with the Singapore investment ecosystem, which has emerged as a financial and startup hub in Asia, and to connect them with global investors of diverse sizes and industries. Ten companies, selected through a screening process from over 400 Scale-Up TIPS participants, participated. After hearing about the market situation from local investors, they held IR pitches and one-on-one business meetings. They also visited FLEX Singapore, a global manufacturing solutions company, to learn about technology commercialization strategies for entering the Asian market and local success stories. Following this, Han Ji-hoon, Managing Director of Korea Venture Investment Corporation (KVIC) Singapore, presented on Southeast Asian market entry strategies.
ScaleUp TIPS is a private-sector-led technology innovation and startup support program jointly promoted by the Ministry of SMEs and Startups, the Korea Technology Information Promotion Agency (KOTIPA), the Korea Venture Investment Corporation (KVIC), and the VC Association. Capable venture capitalists make an upfront investment of at least 1 billion won, and the government provides R&D funding to the companies. To date, approximately 400 SMEs have participated. The VC Association plans to host the "ScaleUp TIPS Global Meetup 2 (Boston)" in the United States in November. Singapore participating companies include Nemesis (developer of bio-signal processing chips for digital healthcare devices), Remplir (developer of customized domestic eco-friendly LFP secondary batteries), LilM (developer of films and all-solid-state materials for special batteries, and current collectors for sodium batteries), MitoImmune Therapeutics (development of therapeutics targeting ferroptosis involved in disease pathology using structure-based platform technology), Berrywards (integrated platform technology that quantifies carbon neutrality based on electric two-wheeled vehicle operation data and certifies and links reduction performance using blockchain technology), Bose Semiconductor (development of high-performance autonomous driving AI semiconductors based on chiplet scalability and efficiency), Celebrain (manufacturing and researching stem cell-based gene therapy), StellaVision (technology that easily searches and analyzes data from over 300 satellites around the world on a single platform), AITRIX (an artificial intelligence decision support system that predicts acute severe events and intensive care unit deaths in general ward patients using EMR data), and Cosolus (extractant and a key material for recycling cathode materials from spent batteries). (High-purity regenerated graphite recycled from used cathode materials through molecular vibrational heating) etc.
Reporter Lee Hanna azure@mk.co.kr Input: 2025-08-01 18:03:10 |
