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Industry

MSIT selects commercialisation agencies for public research results, strengthens full-cycle support

South Korea\'s Ministry of Science and ICT said on Wednesday it has newly selected 10 company builders and three comprehensive technology commercialisation firms to strengthen full-cycle support for public research results from universities and government-funded research institutes. It will provide annual funding of 1 billion won per company builder and 3 billion won per comprehensive firm, both over five years. The selected organisations will help find promising public technologies, support start-ups and secure early investment.

Games & Commerce

Superfast invests in Loud Corporation stake to build global IP universe

Superfast, the holding company of 111 Percent and an IP-based culture-tech company, is teaming up with Loud Corporation to expand a global IP ecosystem. Superfast said it signed a strategic partnership with Loud Corporation to jointly develop and commercialise IP. The two will jointly design new original IP that considers games and K-culture elements and build an integrated pipeline spanning planning, production, investment, platform expansion and distribution. Superfast will also make a strategic investment to become Loud Corporation\'s third-largest shareholder.

Games & Commerce

Superfast invests in Loud Corporation to build global IP universe

Superfast, an IP-based culture-tech company and holding firm of 111 Percent, said on Feb. 26 it signed a strategic partnership with Loud Corporation to jointly develop and commercialise intellectual property. It plans to design new original IP that considers games and K-culture elements, and build an integrated pipeline from planning and production to investment, platform expansion, distribution and circulation. Superfast also made a strategic investment to become Loud Corporation’s third-largest shareholder.