Yang Wan-mo, the head of the Samsung Securities Gangnam Regional Headquarters, and Choi Moon-ki, the director of the KAIST GCC Center, pose for a commemorative photo after signing a business agreement at the COEX conference room in Gangnam, Seoul, on the 19th. /Courtesy of Samsung Securities

Samsung Securities announced on the 22nd that it has signed a memorandum of understanding (MOU) with the Korea Advanced Institute of Science and Technology (KAIST) Global Technology Commercialization Center (GCC) for the 'super gap deep tech startup nurturing and global expansion support.'

According to this agreement, Samsung Securities plans to provide comprehensive financial solutions to the corporations that interact with KAIST.

KAIST GCC is a specialized research institution established in 2015 for technology commercialization, playing a role in discovering technology demand and connecting it with startups.

KAIST GCC focuses on technology commercialization in core deep tech industries such as robotics and mobility, bio, semiconductors and batteries, and artificial intelligence (AI). In particular, it has been selected as the supervising institution for the robotics technology commercialization in the Ministry of SMEs and Startups' 'super gap startups 1000+ project (DIPS 1000+),' providing support to 77 robotics corporations.

Samsung Securities decided to provide financial solutions encompassing funding and management to the corporations interacting with KAIST GCC, tailored to their growth stages, including initial public offerings (IPOs).

An official from Samsung Securities said, 'Based on Samsung Securities' expertise, we will do our best to help the innovative companies of KAIST GCC grow into global unicorns.'

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