Global Unicorn Hunt
KB Financial Group announced on July 12 that it has selected 10 domestic startups that will grow into the next-generation “global unicorn companies” for KB Starters Singapore.
Startups selected for KB Starters Singapore will receive consulting services on matters necessary for local market entry, such as incorporation, through KB FINTECH LAB SINGAPORE established by KB Financial Group in Singapore, along with a dedicated office space.
Considering the increasing demand for overseas market entry by domestic startups after the COVID-19 pandemic, KB Financial Group has expanded the selection scale for KB Starters Singapore from four companies last year to ten this year.
The ten startups selected for KB Starters Singapore this time have differentiated business models and technological capabilities in various fields including AI, Healthcare, ESG, and Agtech.
The companies selected for KB Starters Singapore will receive a business space linked with the shared office WeWork in Singapore, and a customized incubation program for business localization by Tenity, a Singapore-based accelerator, a company that supports the growth stage of early startups.
A representative from KB Financial Group stated, “KB Financial Group will continue to support the growth of startups based on the philosophy that ‘supporting innovative companies is an investment in the future,’ striving to help them grow into global unicorn companies.”