KB Starters Singapore Selects 12 Companies

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Smart Today, Reporter Kim Kuk-heon | KB Financial Group announced on the 17th that it has selected 12 domestic startups with differentiated technologies to become global unicorn companies as ‘KB Starters Singapore’ companies on the 16th. 'KB Starters Singapore' is a corporate nurturing program operated by KB Financial Group since 2022 to support the overseas market entry of domestic startups. KB Financial Group has expanded the support scale annually to assist more domestic startups in entering overseas markets. Starting with four companies in the first year, 2022, it increased to 10 last year and selected 12 this year. This year's selected companies possess differentiated business models and technologies in AI, edutech, healthcare, and digital assets. KB Financial Group focused on identifying suitable business areas for the countries where these startups plan to expand, to increase the chances of successful overseas entry. Notably, the companies selected for this year's ‘KB Starters Singapore’ have businesses aligned with Singapore's startup nurturing policies and trends and have specific plans for overseas expansion, raising expectations.

Singapore's ‘KB Global Fintech Lab’ supports startups by providing ▲workspace in Singapore, ▲local accelerator programs, ▲institutional networks, ▲connections to local venture capital investments, ▲collaboration with KB Financial Group affiliates that have entered Southeast Asia, and ▲partnerships with local companies. A representative from KB Financial Group stated, “The most challenging part for startups when entering overseas markets is navigating unfamiliar market environments independently. Based on our philosophy that ‘supporting innovative companies is an investment in the future,’ KB Financial Group will continue to provide various supports until the startups selected for ‘KB Starters Singapore’ become national representative ‘global unicorn companies.’”

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2024 KB Starters Singapore (Total of 12 companies):

ㅇGoodGang Labs (providing AI avatar agent solutions)

ㅇGlorang (operating the AI-based real-time online education platform ‘KuKu’)

ㅇDolbomDream (providing smart healthcare solutions)

ㅇLatitu (offering career and academic roadmaps based on data and AI)

ㅇBuySellStandard (operating the digital asset management platform ‘PIECE’ based on alternative investment assets)

ㅇSeoul Property Insight (providing market information and data analysis services for the Korean commercial real estate market)

ㅇMTIG (supplying AI-based medical video archiving and analysis solutions)

ㅇWeCover (providing generative AI-based financial research information)

ㅇKpopMap (operating the platform ‘Kpopmap’ that connects Korean culture with global fans)

ㅇKlyWint (providing AI-based RFP analysis services)

ㅇTwigFarm (providing AI-based translation and localization content)

ㅇHiKive (operating the platform ‘OneLet’ that offers asset tokenization and real-time trading)

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