Quantcast
Channel: You searched for korean startup ecosystem - Seoulz
Viewing all articles
Browse latest Browse all 565

KK Fund a Singapore Based VC Fund to Launch Meet your Match Korea

$
0
0

KK Fund is a Singapore-based VC fund that invests in seed-stage startups across South East Asia. They are looking to focus on seed-stage startups in Korea looking to expand into the South East Asian market. They have partnered with KVIC (Korea Venture Investment Corp), a Korean governmental agency managing sovereign fund for investing in venture capital funds to promote the venture ecosystem in Korea. KK Fund and KVIC will launch Meet your Match Korea, an initiative to match investors to startups in Korea.

They have gathered not only Korean investors but also global investors to join the initiative to help startups in Korea get the funding they need. 

KKFund’s portfolio companies include Indonesia’s co-living startup RoomMe, Vietnamese health tech startup Med247, Thai sports startup Infofed, Indonesian furniture marketplace Fabelio, and Malaysia’s The Lorry, just to name a few.

Meet your Match Korea

Meet your Match KoreaStartups in Korea have been having trouble raising the funds they need due to travel limits. Therefore, they now have to get creative to survive the coronavirus crisis that could halt their activity during their critical early-stage funding period. Meet your Match Korea offers a great opportunity for startups in Korea to meet potential investors across Southeast Asia without traveling abroad. Through Meet your Match Korea startups in Korea will get the opportunity to meet potential investors online. 

Meet your Match Korea is only for startups in Korea with operations in Southeast Asia. As well as, startups in Korea that intend to expand into the Southeast Asian market. Venture capitalists are paying close attention to tech startups in Korea that are looking to expand their target market. COVID-19 in Korea has been a wakeup call for many startups to think bigger. The potential market in Southeast Asia is an untapped goldmine for many startups in Korea. However, meeting in person with prospective investors across Southeast Asia has not been an option due to travel restrictions and nationwide lockdowns. Therefore, Meet your Match Korea offers a great opportunity to address many of the funding issues startups in Korea might have. 

Entering the Singapore Market 

Singapore is one of the top startup hubs in Southeast Asia. As well as one of the fastest-growing markets in the world. However there are many things that are undeveloped such as the banking, logistics, insurance, and healthcare system just to name a few. There is a lot of room for improvement and growth. Therefore, there is a great opportunity for startups in Korea to penetrate the Singapore market. South Korea has some of the latest cutting-edge technologies and is always looking for the next innovative product or service. 

In order to penetrate the Southeast Asian market, you need to have the right partner. This partner needs to have a different skillset from you and different networks. Not only does KK Fund invest in entrepreneurs but they are able to give deep insights and advice so they can work with the startups. Furthermore, KK Fund has already signed up over 70 investors from around the world.

Some of the investors include…

KK FundHow to Apply for Meet your Match Korea?

When submitting your application, you will be able to attach your pitch deck and select which investor you would like to connect with. If an investor is interested to learn more about a startup, an online meeting over Zoom will be scheduled between the startup and the investor. 

All profiles and applications of the startups will be screened by KVIC and KK Fund prior to being shared with prospective investors. 

The post KK Fund a Singapore Based VC Fund to Launch Meet your Match Korea appeared first on Seoulz.


Viewing all articles
Browse latest Browse all 565

Trending Articles



<script src="https://jsc.adskeeper.com/r/s/rssing.com.1596347.js" async> </script>