D.Day X D.Camp All Star, the biggest demo day, will take place this week
d.camp, South Korea’s first multi-purpose startup center operated by the Banks Foundation for Young Entrepreneurs, will host “D.Day X D.Camp All Star”, a one-stop venue where approximately 1,400 startups will compete for future investments and mentoring services, this week in collaboration with 22 financial institutions.
The event will take place at FRONT1, one of the foundation’s two incubator hubs, with 10 selected startups taking the podium to showcase their business models during the main d.day program on Thursday. A total of 297 startups, including foreign entities, applied for the two-part pitch program.
The first part will see the participation of five early-stage startups targeting d.camp investment and occupation of the FRONT1 start-up complex: Munice, the operator of Miracle Night, a digital sleep solution application developed on the basis of sound-inducing sleep models in brain science; 4UPNOTE, a business management platform for small business owners; WeMeet, a brand of mushroom-based meat analogues; Inovat, a mobile application service that simplifies tax refund requests for travelers; and VI KOREA, the operator of CAYS, an AI-based solution to design and produce boxed packaging.
The second party will be joined by five companies that have completed a Series A funding round for potential cooperation projects with banks: Bridge Code, a developer and operator of tax management services that helps users file taxes, manage their assets and pay their taxes; Awake Corporation, the operator of Creator.ly, a one-person MCN platform for social media creators; SeizeData, a developer of a financial data program that classifies and converts passbook and card usage details into meaningful data; Chabot Mobility, a platform that integrates and manages the service data needed throughout the driver’s lifecycle, including buying, selling and managing car insurance; and BetterData, a platform development company to convert customer information into anonymized data to be used for consumer analytics without concern for privacy breaches.
BetterData is the first Singaporean startup recommended under a recent deal signed between d.camp and Infocomm Media Development Authority (IMDA), the city’s telecommunications industry regulator.
In other d.day side events, Singapore’s Infocomm Media Development Authority (IMDA), Sento Ventures and Golden Equator Ventures (GEV) will join Global Meetup to share the know-how Korean startups need to grow in Southeast Asian markets. There will also be 31 Office Hours sessions where a panel of d.camp mentors will discuss their experience and answer questions from pre-entrepreneurs. The Office Hours program attracted 1,129 applicants, leading to a competition ratio of 36 to 1.
Program details are available on the website (https://dcamp.kr/allstar).
By Minu Kim
[ⓒ Pulse by Maeil Business News Korea & mk.co.kr, All rights reserved]
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