"When Start - Up companies with innovative technology combine with GS's network, we can create a new growth portfolio. Based on our accumulated domain knowledge and operating experience, we will become a partner that solves real business challenges together with Start - Up companies."
Huh Tae-soo, chairman of GS Group, said this at the "2025 GS Ventures Synergy Day" held at GS Tower in Gangnam-gu, Seoul, on the 27th. GS Ventures Synergy Day is an event where GS Ventures, the GS Group's corporate venture capital (CVC), shares the capabilities of the Start - Up companies it has invested in and discusses collaboration models with affiliates.
At this event, six Start - Up companies participated, including "Aidin Robotics," a corporations developing force/torque sensors for robots; "Qnova," a corporations developing chemistry based on quantum computers; "RXC," a digital media commerce platform; "Channel Corporation," an artificial intelligence (AI)-based customer service platform; "Synergy," a corporations providing demand response services based on energy storage systems (ESS); and "Rose Lab," a corporations developing next-generation skin boosters.
GS Group is promoting a "field-verification open innovation model" that validates Start - Up technology at business sites across distribution, energy and infrastructure. In practice, the pizza brand "Gopizza" is operating in about 1,000 GS25 stores through store entry, and "Greenda" is supplying 80 to 100 tons per month of waste cooking oil for sustainable aviation fuel (SAF) production to GS Caltex.
Executives from large corporations' venture investment organizations also attended the event, including Hyundai Motor Zer01ne, Samsung Electronics C-Lab, CJ Investment, Hyosung Ventures, POSCO Venture Capital, and Amazon Web Services (AWS).
A GS Group official said on the 28th that the company "plans to continue to secure new growth engines through open innovation and continue contributing to revitalizing the domestic startup ecosystem."