Find XO: Up to 60 Billion KRW Per Company: Conditions for Deep Tech Scale-up Funding (platum.kr)

- The Ministry of SMEs and Startups and Korea Venture Investment are promoting a next-generation unicorn fund that can invest up to 60 billion KRW in one AI or deep tech company. - If a private VC first invests 20 billion KRW, the government and Korea Credit Guarantee Fund will add 40 billion KRW. - This marks a shift from spreading investments thinly among many companies to concentrating funds on a few. - Teams that lack the strength to attract private investment first may be pushed out of this market despite having good technology.