CNTTECH CO., LTD.

Collaboration of New Trend Technologies, CNTTECH CNTTECH CO., LTD. is a startup accelerator in South, Korea. CNTTECH CO., LTD. is founded by Jonathan Hwaseong Jeon in 2003, and it was started out a food tech platform service provider. In 2012, to begin with a startup supporting program for Korean Startups, it expanded its business into the investment and accelerating sector. It was officially registered as a startup accelerator with the Korean government in 2018. (461 startup accelerators registered | Last Update : January 31, 2024) Currently, the accumulated total managed assets (AUM) is 110 billion won, and more than 5,000 startups have been incubated. Among them, EXIT has been completed for 32 companies by investing in 370 startups($32,000,000). CNTTECH CO., LTD. has formed an open innovation-oriented fund with a number of large and medium-sized companies such as Hankook & Company, IBK Industrial Bank, Joy City, DB Capital and Hecto Innovation to support the market with investment. Over the past four years, CNTTECH CO., LTD. has recorded the highest number of investments in South Korea. It can be said to be the top startup accelerator in name and reality. In addition, CNTTECH CO., LTD. operates business incubation programs commissioned by a number of government-affiliated organizations, universities, and non-profit organizations, and CNTTECH CO., LTD. has partnerships with many organizations, associations and government-affiliated organizations around the world. Recently, Jonathan Hwaseong Jeon(the CEO of CNTTECH. CO., LTD.) was elected as the president of the Korea Accelerator Association and is working to raise the status of accelerators in Korea to the next level. END. (Last Update : April 3, 2024)