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Pangyo Techno Valley: Korea’s Prime Innovation Cluster Bolstered by Local Governmental Support

AsiaTechDaily

Launched in 2006, Pangyo Techno Valley has evolved across its three phases, fostering a collaborative ecosystem comprising businesses, support entities, and national government involvement. The Gyeonggi Business & Science Accelerator (GBSA) actively scouts startups within game development, information security, and big data sectors.

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K-Startup Grand Challenge 2022 is accepting applications from global startups till May 31

AsiaTechDaily

Register South Korea’s leading accelerator program K-Startup Grand Challenge (KSGC) , considered ‘a gateway’ to do business in Asia, invites global startups to participate. Furthermore, the government plans to find 200 promising startups through 2022 and 1,000 promising startups, and 700 pre-unicorn startups by 2025.

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Venture studio Adanian Labs fuels startup growth in Africa

TechCrunch

The idea to build Adanian Labs, was conceived in 2018, when Kamara was living and working in Cape Town, South Africa, where he witnessed the fast growth of the startup ecosystem, and how, in most countries, accelerators were the default launch pads. The startup ecosystem was growing but I could not fail to notice the problem of accelerators.

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AI chip startup Axelera lands $27M in capital to commercialize its hardware

TechCrunch

After incubating a startup — Axelera AI — to commercialize their chip technology within the blockchain company Bitfury Group, Del Maffeo and team secured capital from VCs including Imec’s venture arm, Imex.xpand. . Axelera’s test chip for accelerating AI and machine learning workloads. billion by 2025.

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