KOSA Signs MOU With Korea Venture Investment on AI, Software Funding
The two organizations will link KOSA's AI and software industry network with KVIC's fund-of-funds investment network under the agreement signed in Seocho-gu, Seoul.
KOSA signed a memorandum of understanding with Korea Venture Investment to cooperate on investment and growth support for promising AI and software companies, according to datanet.co.kr. The agreement covers expanding the investment support ecosystem for those companies, building an information exchange pipeline, spreading AI transformation (AX) and AI technology verification cases, and supporting global expansion.
The MOU was signed at Korea Venture Investment's headquarters in Seocho-gu, Seoul.
Under the agreement, the two organizations will connect KOSA's AI and software industry and technology network with KVIC's fund-of-funds investment network.
They also plan to hold joint IR and investment consultation sessions between KOSA member companies and fund-of-funds sub-fund managers.
Quick answers
What does the KOSA–Korea Venture Investment MOU cover?
It covers expanding investment support for promising AI and software companies, building an information exchange pipeline, spreading AI transformation (AX) and AI technology verification cases, and supporting global expansion.
Where was the MOU signed?
At Korea Venture Investment's headquarters in Seocho-gu, Seoul.
Will the two organizations hold joint events?
Yes. They will hold joint IR and investment consultation sessions between KOSA member companies and fund-of-funds sub-fund managers.