Gravity Ventures Facilitates Entry of Six Korean Semiconductor Startups into Malaysia
TL;DR
Gravity Ventures' successful support of Korean semiconductor startups in the Malaysian market provides a competitive advantage through cross-border synergies.
Gravity Ventures' specialized acceleration program facilitated interactions between startups and prominent Malaysian companies, fostering cross-border synergies in the semiconductor industry.
Gravity Ventures' initiative fosters cross-border synergies between Korea and Malaysia, enhancing the semiconductor industry and promoting global cooperation.
The diverse array of cutting-edge technologies represented by the six participating companies in Gravity Ventures' program makes it an interesting and educational initiative.
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Gravity Ventures, formerly known as Vision Venture Partners, has successfully facilitated the expansion of six innovative Korean semiconductor startups into the Malaysian market through its specialized acceleration program. This initiative aims to foster cross-border synergies between the semiconductor industries of Korea and Malaysia.
The six participating companies bring a diverse array of cutting-edge technologies to Malaysia. Ematerial Lab focuses on advanced heat dissipation materials, while Sapien Semiconductor is known for next-generation microLED display driver chips. RCTech offers solutions for recycling semiconductor equipment, and Idea specializes in localized advanced process gas filters for semiconductors. Security Platform provides small device SoC security solutions, and Neuroreality Vision leads in high-speed camera and image sensor technology.
Gravity Ventures' acceleration program has enabled interactions between these startups and over 10 prominent Malaysian companies and institutions. These include BlueChip VC, a major investor in Malaysia's semiconductor sector, the Penang Automation Cluster (PAC), Oppstar, Malaysia's first publicly traded IC design company, Clarion, a global automotive parts supplier, Infinecs Systems, a key Malaysian semiconductor design and engineering firm, and InvestPenang, a significant investment support agency in Penang.
Jessy Saebyul Kim, CEO of Gravity Ventures, stated, "Gravity Ventures will continue to support these six companies to accelerate their entry into the Malaysian market by leveraging our extensive local network. Furthermore, we are committed to promoting the establishment of an industrial cluster that bridges the semiconductor industries of Malaysia and Korea, enhancing cross-border synergies between the two countries."
Gravity Ventures is a global investment firm specializing in identifying and nurturing promising Korean startups with global ambitions. The firm has made investments in 43 deep-tech ventures, in partnership with its parent company Vision Creator, boasting a 90% survival rate, and has supported startups throughout their lifecycle from Seed to Post-IPO. Over the past three years, Gravity Ventures has successfully exited five investments.
Curated from 24-7 Press Release
