TMEVnet participates in the IBK Changgong “Silicon Valley Scale-Up Program”

IBK Industrial Bank of Korea announced that its startup incubation platform, IBK Changgong, will operate the “IBK Changgong Silicon Valley Scale-Up Program” from June 16 to 20.

This program is a newly established short-term acceleration initiative designed to support mid- to late-stage startups seeking global expansion, offering opportunities for business development and investment attraction in Silicon Valley.

IBK Changgong selected eight companies with strong local market competitiveness and global growth potential and will provide customized support through its Silicon Valley desk’s local network.

The selected companies are:
△ MobileWithUs (in-vehicle embedded security solutions)
△ Seoul Dynamics (large electric trucks with autonomous and remote driving technology)
△ Eoneus (mobile energy storage systems)
△ ThermoEye (thermal imaging vision solutions)
△ TMEVnet (EV thermal management solutions)
△ Viewgen (high-efficiency smart window technology)
△ IndieJ (AI-based emotion recognition music recommendation)
△ Mold (EV-specialized suspension components)

IBK Changgong plans to offer tailored programs including business matching with local partners and experts, mentoring for VC investment attraction, and visits to local companies based on each company’s technology and market characteristics.

In addition, in collaboration with organizations such as KOTRA Silicon Valley and the Consulate General of the Republic of Korea in San Francisco, the program will support U.S. market entry through open innovation programs, expert seminars, and investor networking opportunities.

An IBK official stated, “By enhancing understanding of the U.S. market and building global networks, companies will be able to establish concrete strategies for overseas expansion and scale-up,” adding, “We will continue to expand the program through collaboration with various institutions.”