Shinhan Futures Lab will work with KCUB Ventures, Capstone Partners, and DSC Investments to help qualify the startup.
Shinhan Futures Lab is a representative domestic financial accrual rating program launched by Shinhan Financial Group in May 2015. So far, we have selected 40 companies and invested about 6.5 billion won in equity.
Shinhan Futures Lab selects commissioned startups with promising technologies, services and innovative ideas in various fields such as AI, Big Data, IoT, O2O, VR / AR, To collaborate with leading partner organizations in strategic alliances and collaborations.
Shinhan Futures Lab is fully supported by start-up growth through selection, mentoring and joint investment from the recruitment of four companies with KCube Ventures, Capstone Partners, and DSC Investments.
Throughout the selection process, a number of strategic partners organizations have named their venture capitalists and selected promising start-ups beyond the general level of participation by venture capital judges. The selected start-up will receive early investment from Shinhan Financial Group, as well as collaboration with Shinhan Financial Group, mentoring of financial experts, and mentoring of leading venture capital companies.
Shinhan Financial Group and K-Cube Ventures, Capstone Partners and DSC Investments will jointly invest in the company's growth phase. In terms of start-up, Shinhan Financial Group and leading venture capital departments are given the opportunity to receive investment at the same time as selecting Futures Lab.
In addition, the Shinhan Financial Group will actively invest in start-up investment through funds managed by venture capital specialists.
Shinhan Capital is also co-operating with Albatross Investments to form an initial corporate investment fund of 30 billion yen. Shinhan Financial Investment and Shinhan Capital will form a joint venture with Suwon Investment, a $ 27.5 billion youth venture fund, by January next year.
A Shinhan Financial Group official said, "Shinhan Futures Lab is the only one where the accreditation agency (Accelerator Agency) gives the right to be selected, actively accepting external views, and selecting from → selection → mentoring → joint investment. To create a synergistic synergy between finance and start-up.