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Startups

Singapore and South Korea Forge Stronger Startup Ties

Nicole Kristine Jovero
Last updated: October 15, 2024 1:26 am
Nicole Kristine Jovero
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  • Singapore’s FVC partners South Korea’s Twin Ventures for startup accelerator
  • Program showcases six Daegu startups to Singapore investors
  • Event yields multiple cross-border partnerships and MOUs

Contents
Accelerating Cross-Border InnovationDemo Day DiplomacyPartnerships Sealed

Accelerating Cross-Border Innovation

Farquhar VC (FVC) successfully concluded its inaugural startup accelerator program South Korea’s Twin Ventures. The initiative, partnering Daegu Metropolitan City and Daegu Center for Creative Economy & Innovation, focused on six promising Daegu startups.

Demo Day Diplomacy

Coinciding President Yoon’s Singapore visit, the program’s Demo Day showcased startups to investors from JDI, Antler, and Korea Investment Partners. Industry experts shared insights on navigating Singapore and South Korean markets.

Partnerships Sealed

The event witnessed several MOUs, including Textway’s partnership Tictag for LLM projects, Lemoncloud’s collaboration EMERGE Group, and Daegu Startup Hub’s agreement FVC for mutual startup support and potential joint fund formations.

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