[주간스타트업동향] ‘Shinseong Biopharm, Custogen’ selected as TIPS Other｜Dong-A Ilbo

We provide you with the latest news at a glance, such as new products or services introduced by startups, greetings and awards, news of event participation, and meetings held.

Second Syndrome opens three ‘mini warehouse attic’ branches using semi-basements

Second Syndrome (CEO Hong Woo-tae) announced on November 27 that it had opened three ‘mini-warehouse ‘attic’ branches utilizing the semi-basement vacant spaces of multi-family housing.

‘Mini Warehouse Attic’ Ttukseom Station Branch / Source = Second Syndrome

The branches opened this time are the first examples of the ‘LH Storage’ project, which is being jointly promoted by Second Syndrome and Korea Land and Housing Corporation (LH). ‘LH Storage’ is a project that provides storage space to residents and nearby residents by converting the semi-basement space of purchased rental housing that remains vacant after existing residents have moved to the ground floor into self-storage. The newly opened residential ‘Mini Warehouse Attic’ branches are Ttukseom Station branch (Seongsu-dong, Seongdong-gu), Dunchon-dong Station branch (Seongnae-dong, Gangdong-gu), and Pungnap branch (Pungnap-dong, Songpa-gu). All three branches are located in the center of residential areas with good accessibility, so nearby residents and small business owners can use them. Suitable for storing items. In the future, unmanned automation operation technology based on IT and IoT technologies will also be applied.

Kangwon National University Technology Holding Company investment company ‘Shinseong Biopharm, Custogen’ was selected as ‘TIPS’ by the Ministry of SMEs and Startups.

Kangwon National University announced on November 26 that ‘Shinseong Biopharm’ and ‘Custogen’, invested and recommended by Kangwon National University Technology Holding Company, were finally selected for the ‘Private Investment-led Technology Startup Support Project (TIPS)’ project of the Ministry of SMEs and Startups. The ‘TIPS (Tech Incubator Program for Startup Korea)’ project is a private sector-led project that selects and fosters start-up teams with technological capabilities that will lead the global market.

TIPS selected as a technology holding investment company by Kangwon National University / Source = Kangwon National University

‘Shinsung Biopharm’ is a startup company located in the Gangneung-Wonju University laboratory located in Gangneung-si, Gangwon-do, and developed skin regeneration needle patch technology using salmon collagen and PDRN (polydeoxyribonucleotide) extracted from salmon by-products. The company is expanding its existing business area into the field of biomaterial-based regenerative medicine and is entering the global market in earnest.

‘Custogen’ is a company founded by Kangwon National University faculty located in Chuncheon-si, Gangwon-do. It has developed lab-on-a-chip technology that mimics the female reproductive system and has been recognized for its high commercial potential in the field of infertility diagnosis and treatment. It is attracting attention in the global medical market and is expected to make a big leap forward in the future. .

Shinsung Biopharmaceuticals and Custogen have achieved successful results in technology development and market entry through Kangwon National University Technology Holdings’ initial investment and customized support, and this TIPS selection marks an important turning point for these companies to develop core technologies and enter the global market. It is expected to be

Nature Science announces research results on ‘NC-1’ extract, “Excellent effect on improving sleep quality”

Nature Science (CEO Park Sang-soo), a company located in the Hongneung Special District in Seoul and a company developing new natural materials, announced research results showing that ‘NC-1’, a Korean native plant extract, is an excellent material for improving sleep quality. The research results were published in the international science and technology journal ‘Thieme’. ‘NC-1’ is a natural substance that has the effect of stabilizing the sleep cycle without side effects and shortening the sleep onset time, thereby increasing the total sleep time.

Nature Science researcher Jinhoe Heo conducting a research experiment / Source = Nature Science

Existing sleep disorder treatments mainly promote sleep by increasing the activity of GABA (gamma-animobutyric acid), a neurotransmitter in the brain, but there is a risk of side effects such as dependence and impaired motor skills when taken long-term. On the other hand, ‘NC-1’, unlike existing sleep disorder treatment drugs, is relatively safe as it does not have side effects on motor activity and anxiety levels. Nature Science also emphasized that it has the advantage of showing a new mechanism of action that induces a sleep effect through the adenosine A2A receptor, which is related to caffeine insomnia.

In addition, Nature Science announced that in a zebra fish model, which has a genetic structure more than 80% similar to that of humans, ‘NC-1’ showed a significant effect in suppressing tumor size with only a small amount, making it effective in anti-cancer.

SnapTag won the Minister’s Award at the ‘2024 Information Security Product Innovation Awards’

SnapTag (CEO Min Kyung-woong) won the Minister of Science and ICT Award at the ‘2024 Korea Information Security Product Innovation Awards’ ceremony held at the ‘2024 Information Security Industry Night’ event held on November 26.

Snap Tag 2024 Information Security Product Innovation Award / Source = Snap Tag

In addition to the information security product innovation award ceremony, this event also held an ICT convergence industrial security conference to discuss trends and development directions in the latest information security industry and share achievements. SnapTag, a company specializing in invisible watermark technology, was recognized for its achievements in the information and physical security sectors at this awards ceremony.

SnapTag’s ‘LapGuard M’ is a mobile security solution using invisible watermark technology and is provided in SDK form, and its strength is that it can be easily distributed and applied by linking to existing mobile apps. In addition, LabGuard M operates without device control or server communication, and its feature is that it can be applied directly to the mobile app screen.

In addition, a dedicated app provides the ability to quickly identify and track information leakers within the company without going through a separate forensics process, and the intensity of the invisible watermark can be adjusted, allowing customization to suit the corporate environment by department and task. This is possible.

Seoul Economic Promotion Agency, 12 external awards achieved through 3 years of innovation

The Seoul Economic Promotion Agency (formerly Seoul Business Agency, CEO Kim Hyun-woo, SBA), a small and medium-sized business support agency, announced that it has achieved achievements such as winning 12 prestigious external awards by November 2024 based on innovation over the past three years.

SBA New York Festival Korea Brand Grand Prize / Source = Seoul Economic Promotion Agency

In detail, ▲ Award from the Minister of Public Administration and Security for contribution to the development of Seoul’s only local investment-funded institution (highest award) (awarded to 9 organizations out of a total of 539) ▲ Award from the Minister of SMEs and Startups for contribution to small and medium-sized enterprises (innovation through active small and medium-sized business support activities) Recognized for contribution to economic achievement) ▲ Korea National Brand Grand Prize at the 15th New York Festival (one of the world’s top three advertising festivals, New York Festival) Selected as the No. 1 brand in the public sector in Korea).

In addition, the Seoul Economic Promotion Agency received ▲ a commendation from the Minister of Trade, Industry and Energy at the Korea Exhibition Industry Fair (recognition of contribution to the development of the exhibition industry to expand sales channels for small and medium-sized businesses) ▲ the 23rd Korea Digital Management Innovation Awards (hosted by the Ministry of Science and ICT, digital transformation) ▲ Minister of Employment and Labor Award at the Korea Job Awards (Youth Employment Academy, SBA and Cheongseongsa for creating quality jobs) Recognition) ▲ Korea Representative Brand Award (public brand Hi Seoul Enterprise certification, the only public institution to receive the award due to overwhelming recognition), etc.

Kim Hyun-woo, CEO of the Seoul Economic Promotion Agency, said, “Achieving such remarkable results over the past three years is the result of the efforts of all executives and employees to support Seoul’s small and medium-sized businesses and revitalize the economy.” He added, “We will continue to support Seoul’s sustainable future and focus on innovative growth and economic revitalization.” “I will take the lead,” he said.

IT Donga Reporter Kim Young-woo ([email protected])