News
SBI Investment Portfolio Companies XCENA, Mediquitous, BiOrchestra and Dot Selected as Potential Unicorns under the Ministry of SMEs and Startups’ ‘Unicorn Bridge’ Program
- SBI Investment portfolio companies XCENA, Mediquitous, BiOrchestra and Dot have all been named among the 50 potential unicorns in the ‘Unicorn Bridge’ program, newly launched by the Ministry of SMEs and Startups with the goal of nurturing 50 global unicorns by 2030.
- The 50 selected companies are ‘pre-unicorns’ that have raised an average of KRW 38.4 billion from private investors and have an average enterprise value of approximately KRW 180.1 billion. XCENA was introduced as a deep tech fabless company developing CXL (Compute Express Link)-based intelligent memory controller chips that resolve memory bottlenecks in AI servers and data centers; Mediquitous as a K-fashion and beauty e-commerce platform and brand builder focused on the Japanese market; BiOrchestra as a technology company with a drug delivery platform (BDDS) for brain disease therapeutics; and Dot as a company that has transformed information accessibility for people with visual impairments with its tactile display, ‘Dot Pad.’
- With this selection, the portfolio companies will receive government support for scaling up and expanding globally.
The full article is available at the link below.
https://n.news.naver.com/mnews/article/024/0000106746?sid=101