(Translated from Press Article)
Twigfarm(CEO Sun-ho Baek), an AI company that connects the global contents through language, has announced the signing of an incubation agreement with accelerator FinUp Partners Co., Ltd. As a result of their initial connection during the IR program hosted by FinUp Partners and Seoul Startup Hub Gongdeok, Twigfarm and FinUp Partners recognized the need for long-term incubation across various aspects of their business and have decided to proceed with an extensive incubation program. Through this program, Twigfarm will receive consulting services from FinUp Partners, encompassing a wide range of areas including finance, investment, and business networks.
Twigfarm is a start-up currently in the phase of professional business expansion, aiming to connect new forms of digital content such as webtoons and videos into a unified language using AI-based technology. The company collects, refines, processes, and verifies language data from various countries simultaneously, providing multilingual content translation services. While focusing on technological development in the past, Twigfarm is now planning to expand its services and enter a more specialized phase of business expansion.
Sun-ho Baek stated, "Through our translation service, LETR WORKS, Twigfarm aims to empower creators to break free from language barriers and create content freely. Furthermore, we hope that our services can contribute to the global expansion of K-content. With this incubation program by Pinup Partners, we seek to further advance our business and grow as a leading company in the AI translation field." Additionally, CEO Dong-wook Seo of FinUp Partners expressed his delight, saying, "We are thrilled to have the opportunity to work with Twigfarm, a company engaged in the artificial intelligence content business. We are fully committed to fulfilling the role of an accelerator that accompanies the growth stages of start-ups, and we will continue to discover and support businesses through our incubation program."