Finance
Meritz Securities invests 40 billion won in hydrogen specialist Mico Power
Meritz Securities said on Tuesday it invested 40 billion won in hydrogen fuel cell company Mico Power after forming a new technology business investment fund with new technology finance firm AFWP. It said the deal was its first venture capital investment of 2026 and targeted a key company in the hydrogen industry value chain. It also cited its new technology finance team’s cumulative assets under management of 868.5 billion won since February 2018.