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Busan Metropolitan City Hosts “2025 First BugiTech Investment Show”

2025. 9. 22 221  Views
◈ On September 22, 12:30 p.m. at BEXCO Exhibition Hall 1, the city will host an investor relations (IR) session connecting city-established fund operators with local companies.

◈ “BugiTech” combines (Bu)san, (Gi)sul [Technology], and (Tech), symbolizing Busan Metropolitan City’s representative IR and networking event supporting startups and venture businesses.

◈ Through BugiTech, the city aims to discover promising local companies and provide step-by-step investment linkages from seed funding to scale-up and initial public offering (IPO), with regional investment expected to expand to KRW 600 billion by 2030.
내용

Busan Metropolitan City (Mayor Park Heong-joon) announced that it will host the “2025 First BugiTech Investment Show” (hereinafter referred to as the event) today (22nd) at 12:30 p.m. at BEXCO Exhibition Hall 1.


The event, organized by Busan Metropolitan City and co-hosted by the Busan Startup Investment Agency and Korea Venture Investment Corporation, aims to promote investment by connecting fund operators established by the city with promising local companies.


(Main Details of the 2025 First BugiTech Investment Show)

  • Date/Location: September 22, 2025 (Mon), 12:30–14:30 / BEXCO Exhibition Hall 1

  • Participants: Vice Mayor for Future Innovation Seong Heui-yeob, Busan Startup Investment Agency President Seo Jong-gun, fund operators of city-established funds, and around 70 representatives from promising local companies

  • Main Program: Busan Future Growth Venture Fund No. 1 investment ceremony, reverse pitching by fund operators, investment IR, and consultation meetings


“BugiTech” signifies Busan Metropolitan City’s flagship IR and networking event to support startups and venture companies. Its name also recalls “Bugi,” Busan’s communication character, symbolizing openness and connection.


This marks the first offline edition of the event. The program included:

  • [Fund No. 1 Investment Ceremony] Vice Mayor for Future Innovation Seong Heui-yeob, Busan Startup Investment Agency President Seo Jong-gun, Openwater Investment, SIA Technology Investment, LEL Robot Co., Ltd., and Samjung Development Co., Ltd. participated in the “Busan Future Growth Venture Fund No. 1 Investment Ceremony.”

  • [Reverse Pitching] Five venture fund operators, including local investment firm NVC Partners, presented their investment strategies to local companies.

  • [Investment IR] Ten promising local companies hoping to attract investment were selected to present to more than 20 evaluators from the city-established funds.

  • [Consultation Meetings] At the “Meet-up Zone” within FLY ASIA, one-on-one consultation meetings were held between investment firms and local companies, creating tangible opportunities to link investors seeking companies with startups and ventures in need of capital.


Furthermore, following the KRW 300 billion “Busan Future Growth Venture Fund” established last year and the KRW 200 billion “Busan Innovation Scale-up Venture Fund,” which held its launch ceremony this past August, Busan Metropolitan City expects continued expansion of regional investment through sustained fund formation. Going forward, the city plans to establish BugiTech as a regular on- and offline program that connects investors with local companies.


Vice Mayor for Future Innovation Seong Heui-yeob stated,
“Each year, we will continue creating region-led parent funds to build KRW 2 trillion in startup and venture capital funds and establish a Busan investment ecosystem of KRW 600 billion by 2030. Through events like BugiTech, which link fund operators and local companies, we will continue to uncover hidden promising businesses and provide unwavering support to nurture Busan’s first unicorn company.”

This content has been translated by AI. Please refer to the attached original Korean version for accuracy if needed.