Industrial Bank of Korea(IBK) held its ‘IBK Changgong 2024 First Half Demo Day’ event from May 29-30 at the IBK Finance Tower on Eulji-ro in Seoul. The event provided an opportunity for 24 startups that completed the IBK Changgong Acceleration Program to pitch their businesses to investors and showcase their products and services through booth exhibitions.
<Day-1>
- GTL = Gateway antenna system connecting satellites and ground stations
- Ziovision = Intelligent social safety solutions, AI medical device solutions
- IdeaOcean = Automated mechanism design for robots/machinery
- GhostPass = Decentralized biometric authentication solution for smart devices
- NineWatts = City/building-level energy/carbon reduction software
- ConnexioH Kor = E-commerce data-driven BI/financial ACSS services
- EverIndurs = Low-cost, high-efficiency silicon anode for lithium-ion batteries
- CGInside = AI-based legal risk optimization SaaS solution iHoper
- GLINS = Intelligent agricultural machinery solutions for smart farming
- Sentinel Innovation = Livestock manure resource (biochar) solution
- RoboTable = Modular F&B robot reducing repetitive kitchen tasks
- PowerAutomation = AI component assembly robot development
<Day-2>
- NanoElectronics = Developing high-efficiency 3D nano-heaters
- Repla = Eco-friendly plastic recycling pretreatment solution
- MassAdoption = ‘Buckle’ business solution for retail brand product/customer/channel management
- CleBrain = Sound recognition-based music score learning platform
- CIT = New materials enabling 6G communications by reducing transmission loss
- Ingkle = Industrial equipment optimization big data platform
- Bottle = Teeoff sales platform ‘TeeMart’
- OsteoBionics = Biocompatible high-strength nano-speed dental implants
- NearBrain = AI-based cerebral blood flow prediction service
- BiomATZ = Microbial strain combination design platform
- BioLinkS = Cell-based animal testing alternative development
- BioBricks = Development of customized bioinks for 3D bioprinting of organs
Alongside the demo day presentations,employees from IBK Changgong’s Silicon Valley desk joined local VCs for a fireside chat. The CEO of Bear Robotics, a company that originated in Silicon Valley and recently raised 80 billion won from LG, also gave a keynote speech sharing the company’s experiences with global expansion.