Tech news picked on 2026-09-22
- KODIT and IBK Industrial Bank have launched a build-up program for startups within 3 years of establishment in the new growth engine sectors.
- Even if the representative's credit rating is 4, they can receive a maximum guarantee of 100 million won. To increase the limit to 200 million won and benefit from a repayment grace period of 3 years after 1 years, the credit rating must surpass 3 again.
- The program covers approximately 60 companies annually and operates on a recommendation system through IBK, so it is quicker to inquire through referral channels than by submitting an application.
Samsung C&T to Push Up to $100 million Investment in Kairos Reactor
- Kairos Power has signed a memorandum of understanding on investment terms with Samsung C&T's construction division.
- Samsung C&T will combine an equity investment of $70 million and in-kind engineering contributions to invest up to $100 million, joining the EPC team of the Hermes 2 demonstration reactor rated at 50 megawatts, which will supply power to Google.
- The truly interesting point is the priority EPC right for the commercial reactor that Samsung C&T revealed separately one day later.
- The single line included only in the investor announcement may pre-select the next construction contract party.
Oura IPO raises 500 million dollars, mostly allocated for employee stock compensation taxes
- Oura announced in a revised securities registration statement it will offer 50 million shares at a price range of 40 to 44 dollars per share.
- Of the company's net proceeds of approximately $532.6 million, $526.4 million will be used for employee RSU withholding taxes, leaving only about 6.2 million dollars remaining.
- For companies granting RSUs that vest on IPO conditions, they must calculate how to secure funds for taxes on that day before deciding on the offering price.