NongHyup Financial Group (President Seo Hae-dong, hereinafter "NHFG"), in collaboration with the Korea Institute of Planning and Evaluation for Technology in Food, Agriculture, and Forestry (President Noh Su-hyun, hereinafter "IPET"), the Korea Agricultural Technology Promotion Agency (President An Ho-geun, hereinafter "KATPA"), and the Korea Food Industry Cluster Promotion Agency (Chairman Kim Young-jae, hereinafter "KICPA"), held the '2024 Agri-Food Technology Investment Roadshow' on May 30th at Dragon City in Seoul.

The 'Agri-Food Technology Investment Roadshow,' which has been attracting increasing interest, aims to foster sustainable growth for venture companies in the agri-food sector by providing investment opportunities identified by related organizations.

This year's event, held under the slogan "Agri-Food Tech Investment: Walking the Path of Growth Together," featured investment presentations and consultations, product exhibitions and demonstrations, talk concerts, and networking sessions.

The companies that participated in the investment presentations and consultations included 10 food tech companies (Sweetdo Co., Darloll Company, Mr. Milk, Butterrum Co., SweetBio, Sorella Co., SNE Company, Aging, Youth F&B, Front Door Market Co.) and 2 green bio companies (V Nature Biolab, Genesis Eco).

Additionally, 8 agri-tech companies (The Dash Co., Mannas CEA Co., Biofriends, Seongho SI Corporation, Ten Liter Co., Artwa Co., LEDion, UBEN Co.), along with 60 investors including venture capitalists, large corporate investors, and accelerators, participated in the event.

During the investment consultations, held simultaneously with the presentations, companies had the opportunity for in-depth one-on-one consultations with investment experts.

The product exhibition and demonstration, which featured 30 companies, provided opportunities for one-on-one matching with about 50 representatives from organizations like GS Retail, Theborn Korea, and international investors, allowing agri-food companies to promote their products and conduct purchase consultations.

The talk concert, held during the event, featured lectures on investment attraction strategies shared by leading agri-food companies and investors, followed by free discussions on successful cases of investment attraction and policy support.

Seo Hae-dong, President of NHFG, stated, "The significance of this event lies in the establishment of a close cooperation system among related organizations, considering the characteristics of the agri-food sector, to expand venture investments in this field."

As a professional agency for policy finance management under the Ministry of Agriculture, Food and Rural Affairs, NHFG oversees agricultural disaster insurance, inspects agricultural, forestry, and fisheries policy funds, and operates the Agri-Food Fund of Funds. Next year, in 2025, NHFG will host the technology investment roadshow.

Source: Korea Rural Economy Newspaper, Namgil Na (kenews.co.kr)