CNT Tech announced on the 16th that it has invested 21.5 billion won in 109 startups this year, achieving the largest investment performance in its history. This is the largest scale for five consecutive years in the domestic accelerator industry.
While the scale of early-stage startup investments has drastically decreased as domestic and international capital markets continue their tightening trend, CNT Tech has achieved these results by ongoing efforts to discover and support innovative corporations with growth potential.
This year, CNT Tech invested across a total of 17 sectors, including ▲ Software as a Service (SaaS) ▲ Deep tech manufacturing and materials/home appliances ▲ Food tech ▲ Space, tourism, and cultural arts ▲ Online-offline linked (O2O) service commerce ▲ Digital twin, gaming, and metaverse ▲ Med tech, healthcare, and bio ▲ Mobility ▲ Blockchain ▲ Sports deep tech and O2O ▲ Energy and climate tech ▲ Ed tech ▲ Curation commerce ▲ Pet tech ▲ Prop tech and logistics ▲ Fintech ▲ Marine and fisheries.
Jeon Ha-seong, CEO of CNT Tech, noted, “Even in the investment winter of 2024, we have identified and supported startups with innovative ideas and growth potential, fulfilling a key role in the startup ecosystem.” He added, “This achievement is a result of our firm belief in and responsibility for the startup ecosystem, and going forward, CNT Tech will continue to provide the necessary funds and networks for early-stage corporations, doing our utmost to ensure that challenging corporations can succeed in the global market.”