Pangyo Techno Valley Hosts 10th Pan-Pan Day, Boosting Global Prospects for Korean Startups
TL;DR
Startups gain practical assistance and networking opportunities at Pan-Pan Day, attracting venture capital firms for potential investment and collaboration.
Pan-Pan Day offers IR pitching sessions, 1:1 consultations, and seminars focused on international market entry strategies for startups.
Pan-Pan Day supports startups in expanding globally, creating more job opportunities and enhancing international business competitiveness in South Korea.
Innovative startups like PetGround and Pitch Interactive showcased unique products and services at the 10th Pan-Pan Day, attracting attention from venture capital firms.
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The 10th Pan-Pan Day, held on October 15, 2024, in Pangyo Techno Valley, South Korea, brought together six cutting-edge startups and venture capital firms in a bid to boost the global prospects of Korean innovations. This monthly event, designed to assist Pangyo-based startups in their international expansion efforts, featured companies presenting diverse products ranging from pet health technology to e-sports platforms.
Among the participating startups were PetGround, showcasing a pet body fat measurement device, and Pitch Interactive, presenting an interactive information platform for live e-sports broadcasts. Other notable participants included Soft Landers with their labor relocation service platform, Piten's natural bio-material for itch relief, Mbiome Therapeutics' research on functional food ingredients, and Bottle's golf partner matching app targeting younger generations.
The event attracted prominent venture capital firms such as Kyobo Life Insurance, Nautilus Investment, and Y&ARCHER, offering startups valuable opportunities for investment and collaboration through one-on-one consultations. A highlight of the day was a lecture by Sejin Kim, CEO of Beyond the Stage, who shared insights on effective IR pitching based on his experiences at international events like CES and MWC.
Pan-Pan Day is part of a broader initiative to solidify Pangyo Techno Valley's position as South Korea's premier innovation cluster. As of 2023, the valley houses 1,666 companies employing 78,751 people, with sales reaching 167.7 trillion KRW (125.5 billion USD). The Gyeonggi-do Business & Science Accelerator (GBSA) supports these efforts through various programs, including the Pangyo Overseas Promotion Program, aimed at attracting foreign investment and showcasing local companies to a global audience.
This event underscores the growing importance of Pangyo Techno Valley in fostering technological innovation and enhancing South Korea's competitiveness in the global market. By providing a platform for startups to connect with investors and gain insights into international expansion, Pan-Pan Day plays a crucial role in nurturing the next generation of Korean tech giants and contributing to the country's economic growth through innovation-driven enterprises.
Curated from 24-7 Press Release
