KIBO Technology Fund held the inauguration ceremony for the 14th KIBO Venture Camp at the Korea Science and Technology Center in Gangnam, Seoul.

KIBO Venture Camp is an acceleration program designed to foster new venture companies by providing comprehensive financial and non-financial services, in line with the Ministry of SMEs and Startups' policy to invigorate the domestic startup ecosystem. KIBO collaborates with private accelerators (ACs) and supports the connection between venture companies and investors.

KIBO selected 68 SMEs through a document review and presentation evaluation. These companies will receive customized growth strategy consulting, mentoring from experts in various fields, and opportunities to attract investment. Financial services such as technology guarantees and guarantee-linked investments, as well as non-financial services including certification, technology transfer, and corporate presentation (IR) support, will be provided.

Mobility One Inc. has developed a platform that allows the integrated operation of heterogeneous drones and robots (land/sea/air) through a single application, and is preparing for full-scale service. As a selected participant for the 14th KIBO Venture Camp, the company is expected to receive various supports for innovative technology development and market expansion.

Original Article: https://www.etnews.com/20240329000267