K-ICT Born2Global, a start-up accelerating center sponsored by
the Ministry of Science, ICT and Future Planning, announced that
its member company “DoubleH” attracted “Global Star Fund for New Growth Engines”
from L&S Venture Capital on May 12.
DoubleH developed a smart wearable diet belt “LumiDiet” using light therapy technology.
The company claims that the device helps break down abdominal fat and reduce abdominal obesity.
DoubleH CEO Lee Kyung-han said, “I think the company was able to attract investment
since the device with trendy design can help consumers lose fat easily and effectively
as they are always concerned about weight gain. We are planning to accelerate
business expansion to global markets, including the U.S., Europe and Southeast Asia, in the future.”
All of “Super Early Bird” from DoubleH were sold out within three days after
its release at Indiegogo, the global crowdfunding platform, last month, making
a successful debut in the crowdfunding market.
Meanwhile, Born2Global Center is running the K-Global Startup Hub
at the startup campus in Pangyo, Gyeonggi Province. Since March, it has been fostering 46 companies
which were selected based on the evaluation of business value,
technology and organizational competency.
K-ICT Born 2 Global Center President Kim Jong gap said, “As all of our member companies’ efforts are
combined with steady support from the center, we are seeing them make good results, including DoubleH.
We will fully support a full cycle service from providing space to mentoring to startups who seek to expand
their businesses to global markets so they can run businesses more stably.”
SEOUL, KOREA
13 May 2016 - 10:45am
Marie Kim
K-ICT Born2Global, a start-up accelerating center sponsored by
the Ministry of Science, ICT and Future Planning, announced that
its member company “DoubleH” attracted “Global Star Fund for New Growth Engines”
from L&S Venture Capital on May 12.
DoubleH developed a smart wearable diet belt “LumiDiet” using light therapy technology.
The company claims that the device helps break down abdominal fat and reduce abdominal obesity.
DoubleH CEO Lee Kyung-han said, “I think the company was able to attract investment
since the device with trendy design can help consumers lose fat easily and effectively
as they are always concerned about weight gain. We are planning to accelerate
business expansion to global markets, including the U.S., Europe and Southeast Asia, in the future.”
All of “Super Early Bird” from DoubleH were sold out within three days after
its release at Indiegogo, the global crowdfunding platform, last month, making
a successful debut in the crowdfunding market.
Meanwhile, Born2Global Center is running the K-Global Startup Hub
at the startup campus in Pangyo, Gyeonggi Province. Since March, it has been fostering 46 companies
which were selected based on the evaluation of business value,
technology and organizational competency.
K-ICT Born 2 Global Center President Kim Jong gap said, “As all of our member companies’ efforts are
combined with steady support from the center, we are seeing them make good results, including DoubleH.
We will fully support a full cycle service from providing space to mentoring to startups who seek to expand
their businesses to global markets so they can run businesses more stably.”
SEOUL, KOREA
13 May 2016 - 10:45am
Marie Kim
K-ICT Born2Global, a start-up accelerating center sponsored by
the Ministry of Science, ICT and Future Planning, announced that
its member company “DoubleH” attracted “Global Star Fund for New Growth Engines”
from L&S Venture Capital on May 12.
DoubleH developed a smart wearable diet belt “LumiDiet” using light therapy technology.
The company claims that the device helps break down abdominal fat and reduce abdominal obesity.
DoubleH CEO Lee Kyung-han said, “I think the company was able to attract investment
since the device with trendy design can help consumers lose fat easily and effectively
as they are always concerned about weight gain. We are planning to accelerate
business expansion to global markets, including the U.S., Europe and Southeast Asia, in the future.”
All of “Super Early Bird” from DoubleH were sold out within three days after
its release at Indiegogo, the global crowdfunding platform, last month, making
a successful debut in the crowdfunding market.
Meanwhile, Born2Global Center is running the K-Global Startup Hub
at the startup campus in Pangyo, Gyeonggi Province. Since March, it has been fostering 46 companies
which were selected based on the evaluation of business value,
technology and organizational competency.
K-ICT Born 2 Global Center President Kim Jong gap said, “As all of our member companies’ efforts are
combined with steady support from the center, we are seeing them make good results, including DoubleH.
We will fully support a full cycle service from providing space to mentoring to startups who seek to expand
their businesses to global markets so they can run businesses more stably.”
SEOUL, KOREA
13 May 2016 - 10:45am
Marie Kim