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Thursday, March 28, 2024

Korea Conference(Aug. 16-17): Showcasing innovative Korean Startups in L.A. to attract global investment

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Jenny Chu (2nd from the right, front row), CEO of Korea Conference, poses for a photo with global investors from various sectors around the world at the launch of the Korea Conference on March 24, 2022, aboard the FantaSea One yacht, which set sail from Marina del Rey. [Sangjin KIm, The Korea Daily]
The Korea Conference, a launch pad for Korean startups with innovative technology and vision, will be held in Los Angeles on Aug. 16 and 17, three months from now.

Launched in April 2022, the Korea Conference is an annual event aimed at showcasing innovative Korean startups in various fields to the U.S. mainstream, with the goal of attracting investment from global conglomerates and venture capitalists. The Korea Daily will be the exclusive media sponsor of the event.

This year’s event will span two days: the opening day will feature a VIP dinner on Aug. 16, followed by the main event on Aug. 17. Only invited guests will be admitted to both events. The VIP dinner will take place aboard the FantaSea One yacht in Marina del Rey harbor, hosting 100 pre-invited VIPs, including startup CEOs and investors.

The following day, the main event will be held at the Beverly Wilshire Hotel in Beverly Hills, from 10 a.m. to 4 p.m., with a total of 200 attendees, including startup CEOs, investors, and advisors.

Ten Korean startups, selected based on criteria such as innovative technology, management philosophy, corporate culture, and revenue structure, will make their debut to the U.S. mainstream at this year’s Korea Conference.

Among them are artificial intelligence (AI) developer MindAI, theater management and multiplex solution provider RNR, and Korean NFT (non-fungible token) art licensing company Art in Motion.

(From left) Jose Feliciano, Jason Cowett, Lorenzo de Medici, Mark Kelson and Michael Riady

Notably, the event has attracted prominent advisors from around the world. Jose Feliciano, owner of the English Premier League (EPL) club Chelsea; Jason Cowett, co-founder of Odyssey, a global investment firm specializing in the aerospace industry; Tom Lawrence, chairman of the Eden Club, an exclusive membership for the world’s wealthiest individuals; Prince Lorenzo de Medici of the Medici family, representing Florence, Italy; Mark Kelson, chairman of Greenberg Traurig’s U.S. West Coast office, a large multinational law firm with 44 offices worldwide; Hugh Hilton, co-founder of global management consulting firm Alvarez & Marshall; Michael Riady, advisor to Indonesia’s state-owned Lippo Group; and Leon Wonjae Lee, head of Asia Pacific at Israel’s global venture capital firm Yozma Group, are among the advisors who will help Korean startups connect with local partners and achieve tangible results.

The Korea Conference was founded in 2022 by Jenny Chu, a 30-year investment banking veteran. Chu, who has worked at UBS, Morgan Stanley, and JPMorgan, is also the head of global business development at Boar’s Club, which manages the assets of some of the world’s wealthiest families.

“The slogan of last year’s launch ceremony was ‘Sail away with us to the blue ocean’. In this year’s Korea Conference, which will be the actual inaugural event, we will do our best to confirm the unlimited potential and success of innovative Korean startups,” said Chu.

BY HOONSIK WOO [support@koreadaily.com]