Kwangwoon University Technology Holding Company and The Invention Lab Launch 'Deep Tech Venture Fund No. 1'

- Fund No. 1 sized at 1.2 billion KRW, focusing on initiative investment in early-stage deep tech startups -

Kwangwoon University Technology Holding Company (CEO Ho-sun Han) has jointly established the 'Kwangwoon University-The Invention Lab Deep Tech Venture Fund (hereinafter referred to as the Deep Tech Fund)' with The Invention Lab (CEO Jin Young Kim), a startup early investment institution and TIPS (Tech Incubator Program for Startup) operator. TIPS is a program that selects startup teams with technology items leading the global market through private initiatives and focuses on nurturing promising future startups.

This venture fund aims to discover and invest in early-stage deep tech teams in fields where Kwangwoon University has competitive strengths, such as robotics, system semiconductors, and artificial intelligence. The size of the first fund is 1.2 billion KRW and is characterized by preemptive investment in early-stage deep tech startup teams, primarily composed of professors and master's and doctoral personnel through the Kwangwoon University Technology Holding Company.

Ho-sun Han, CEO of Kwangwoon University Technology Holding Company, stated, “Through the Deep Tech Fund, we plan to discover excellent faculty startup teams and startup teams composed of Kwangwoon University alumni with master's and doctoral degrees, thereby revitalizing the startup ecosystem.” Jin Young Kim, CEO of The Invention Lab, added, “We will play a role in proactively discovering and investing in world-class professors and talents in the system semiconductor and robotics fields that Kwangwoon University possesses.”

Furthermore, companies invested through the Deep Tech Fund will be fully connected to TIPS recommendations and will leverage the Seoul-type Private Investment Linkage Support Project (Seoul-type TIPS), in which The Invention Lab and Kwangwoon University Technology Holding Company participate as a consortium and have been selected as operating institutions, to support technology development and commercialization.

Officials from Kwangwoon University Technology Holding Company discussing the formation of the Deep Tech Venture Fund.