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Seeking Innovative Financial Solutions to Help Deep Tech Startups Overcome the Valley of Death KAIST announced on June 16 that it will co-host 'STARTUP NATION KOREA 2026' (2026 Innovation Entrepreneurship Nation Korea International Forum) with Seoul National University and The JoongAng from June 17 to 18 at the Haedong Advanced Engineering Building on Seoul National University's Gwanak Campus. Celebrating its 5th anniversary this year, the forum serves as a platform to overcome the so-called 'R&D Paradox'—where outstanding research and development achievements fail to fully connect with entrepreneurship and industry—and to seek solutions for realizing a science and technology-based innovation entrepreneurship nation. Universities, government agencies, research institutions, investment firms, conglomerates, startups, and media will participate to discuss cooperative methods for connecting technological potential to market and industrial value. In particular, this year's forum focuses on the role of patient capital and innovative finance, which are critical challenges for the growth of deep tech startups, under the theme “Deep Tech: Beyond the Valley of Death.” Deep tech startups require long-term investment and large-scale funding throughout the entire process from research and development to technology verification, demonstration, and market entry. However, the domestic venture investment market is relatively focused on short-term returns, often causing these startups to face severe difficulties during the commercialization phase. Therefore, this forum will intensively discuss strategies to establish an innovative financial ecosystem where 'patient capital'—which invests based on the long-term growth potential of technology—is organically linked with investments, guarantees, and policy finance required for the entire life cycle of technology commercialization. Kwang Hyung Lee, President of KAIST, said, “Although Korea possesses world-class R&D capabilities, major barriers still exist in the process of translating research achievements into startups and new industries. I hope this forum serves as a collective effort to seek solutions through patient capital, innovative finance, and a sustainable entrepreneurial ecosystem so that deep tech startups can overcome the valley of death and grow into the global market.” Hyun Min Bae, Director of the KAIST Startup Institute, stated, “The success of deep tech entrepreneurship cannot be achieved through technology alone. Through this forum, we look forward to discussing the growth ladders and collaborative measures that connect laboratory technologies to markets, investments, and global expansion, thereby discovering a new direction for Korea's deep tech startup ecosystem.” On the first day of the forum, Professor Jeong Dong Lee of the College of Engineering at Seoul National University, author of The Way of Accumulation and The First Question, will deliver a keynote speech emphasizing the role of finance in accelerating technological innovation and the importance of patient capital. This will be followed by a roundtable featuring domestic and international experts to discuss long-term investment case studies and policy directions for innovative finance. In addition, the presentation ceremony for the '2026 Korea Innovation Entrepreneurship Awards' will be held simultaneously. This year, a total of 13 awards will be presented across three categories: the Innovation Entrepreneurship Award, the Innovation Entrepreneurship Challenge Award, and the Innovation Entrepreneurship Ecosystem Contribution Award. The recipients of the Innovation Entrepreneurship Award include Sovagen, EndoRobotics, WIRobotics, Exo Systems, Marine Drone Tech, Daughter, MUSTBIO, IMNEWRUN, and Narnia Labs. These companies are promising deep tech enterprises recognized for their technological innovation and growth potential in national strategic sectors such as AI, robotics, bio/healthcare, drones, and mobility. The Innovation Entrepreneurship Challenge Award will be presented to Scionic AI, RX, and TDS Innovation, while the Innovation Entrepreneurship Ecosystem Contribution Award will be awarded to the Commercialization Promotion Agency for R&D Outcomes (COMPA). Kyeong Hwan Kim, Chair of the Evaluation Committee (Dean of the Graduate School of Global Entrepreneurship at Sungkyunkwan University), remarked, “Promising deep tech companies that will lead future industries in fields like AI, robotics, semiconductors, and bio have stood out remarkably. This contest was a meaningful opportunity to confirm the robust growth potential of Korea's innovation entrepreneurship ecosystem.” An exhibition featuring innovative startups and various programs linked with government ministries will also run throughout the event. Participating companies will showcase their breakthrough technologies in sectors including AI, robotics, bio/healthcare, advanced materials, energy, and mobility, while exploring collaboration opportunities with investment institutions and industry leaders. Notably, WIRobotics plans to exhibit its humanoid robot 'ALLEX', which was previously unveiled at CES 2026. The forum is co-hosted by KAIST, Seoul National University, and The JoongAng, and sponsored by major agencies including the Ministry of Science and ICT, the Ministry of Trade, Industry and Energy, and the Ministry of SMEs and Startups. The event will be broadcast live via the official YouTube channel and website of STARTUP NATION KOREA 2026.
2026.06.16 View 2838