Hana Financial Group Commences Early Startup Competitions...Winners include 6 startups, including PropWave

Maeil Business Newspaper July 17, 2020


On July 16, Hana Financial Group's first CVC (Corporate Venture Capital), Hana Ventures, hosted its first competition for startups in D-Camp, located in Gangnam, Seoul.

It is the first competition for startups hosted by a VC (and not a public sector) aimed at vitalizing the mid-sized VCs in Korea. The competition started based on Hana Financial Group's goal to innovate. Within just three years, startups in their early stages were able to attract actual investments based on the team, technology, and business model.

A total of 320 startups have participated, where only eight startups were selected as finalists. The sectors included healthcare, AI, PropTech, smart factory, drone, and commerce platform.