Series Ventures Successfully Concludes ‘Busan Startup Week IR Demo Day’

Series Ventures (Co-CEOs Kwak Sung-wook and Park Jun-sang) is a leading accelerator in the Busan-Ulsan-Gyeongnam (BUK) region. It co-hosted ‘U-CONNECT X B-Vensday in BSW Bounce’ in collaboration with the Korea Credit Guarantee Fund and the Busan Metropolitan Government.

U-CONNECT X B-Vensday: Busan Startup Week IR Demo Day

‘U-CONNECT X B-Vensday’ was an online and offline IR demo day. It was held as part of ‘BSW Bounce 2021’, Busan Startup Week. The event was jointly organized by the Korea Credit Guarantee Fund, the Busan Metropolitan Government, and Series Ventures. Busan Startup Week is an annual event designed to foster collaboration and networking between startups, investors, and accelerators. It also promotes the development of a sustainable global startup ecosystem.

To help participating startups strengthen their investment attraction capabilities, Series Ventures provided a special lecture on venture capital investment cases in the local market. The demo day that followed featured IR presentations from nine outstanding startups. These startups were selected by the Korea Credit Guarantee Fund from the BUK region, including:

• Kyungsung Technology

• IP Now

• Gym Carry

• Chronograph

• Tyroscope

• SFS

• RoboFriend

• Chemipolio

• Kinet

Event Outcomes and Investment Matching

The event was attended by 15 investment professionals from accelerators and venture capital firms. Evaluations were conducted both online and offline. Startups that received high scores in their IR presentations will be given opportunities for investment matching and funding connections with venture capital firms and other investors, an approach similar to GrowSpace’s own startup growth case study. Learn more about the host city’s startup initiatives at the Busan Metropolitan Government website.

Kwak Sung-wook, CEO of Series Ventures, stated, “Over the course of 22 B-Vensday events, we have successfully facilitated investments totaling approximately KRW 40 billion. By fostering networking opportunities with VCs, we ensure continuous investment discussions. Moving forward, we will continue to collaborate with various institutions such as the Korea Credit Guarantee Fund and the Busan Metropolitan Government. Together, we aim to discover and support promising startups in the Busan region.”

About B-Vensday

Now in its 22nd edition, B-Vensday stands for ‘Busan – Ventures Speech Day’. It aims to foster a healthy investment ecosystem, revitalize the local economy, and provide crucial funding opportunities for startups and SMEs struggling with financial constraints. B-Vensday was originally an exclusive IR event hosted by Series Ventures. It later gained recognition from the Busan Metropolitan Government, which designated it as an official IR event for the city due to its success in facilitating investments.