The Born2Global Center and ADB Ventures held an online IR session on March 22 in order to help companies with innovative technologies enter Asia-Pacific markets and attract more investments.
ADB Ventures is an arm of the Asian Development Bank (ADB) and is in charge of startup assistance. It is currently expanding its cooperation with impact tech-based startups to better handle development issues in the Asia-Pacific region. Its assistance includes pecuniary aid, investment and technical support for technology and solution transplantation.
Five companies were presented at the session, which are expected to be highly successful in the cleantech, agritech, healthcare and fintech sectors of the Asia-Pacific region. Specifically, the five are Griin Agriculture (developing aquaculture and smart farm solutions), Vandalsoft (developing smart farm solutions for edible insect breeding), AIDKorea (developing livestock healthcare solutions), Marine Innovation (developing eco-friendly and reusable packaging products) and Rooteehealth (developing eye fundus examination solutions).
“The importance of innovative technologies is continuing to increase with regard to the sustainable growth and development of developing economies,” said Kim Jong-kap, head of the Born2Global Center, adding, “I am convinced that the IR session will be useful for the companies expected to enter and succeed in larger markets.” He also said that the Born2Global Center would keep collaborating with various partners in the public sector, such as the Multilateral Development Bank, for the purposes including technology matching, joint investment and technology transfer via joint ventures.