Gyeonggi startups receive 72.9 billion won in investment offers in New York

Ten startups from Gyeonggi Province, South Korea, participated in a global growth support program held in New York from October 13 to 16. The initiative, organized by Gyeonggi Province and the Gyeonggi Business & Science Accelerator, included investor relations (IR) sessions and networking events at the Plug and Play New York office.

During the program, seven companies received investment proposals totaling approximately 72.9 billion won. Notable participants included Snacks, a K-food company from Yongin, which received a $2 million investment review proposal for its live probiotic technology, and Ludens, a Seongnam-based startup currently discussing a $1 million collaboration with Tings Capital regarding its no-code content engine.

Other participating companies included Sajoo (AI cross-border commerce), Blackhooz (consumer insight platform), Rebotics (autonomous robot forklifts), and Uvis (3D character solutions). The program facilitated 38 business consultations aimed at helping regional startups establish a presence in the United States market.