Local Chorus
Local news from local sources, read in your language.
Settled
Verified

Busan startups pitch 26 investors at fourth BugiTech investment show

🇰🇷 South Korea, Busan 08:01 Business Business3 Official updated 4 d ago first reported by 연합뉴스

In short

Busan city held the fourth BugiTech investment show on the afternoon of Oct 7 at BEXCO in Haeundae, linked to the 2026 FLY ASIA event. Six companies gave investor presentations and 15 pre-matched companies held investment consultations with 26 domestic investment firms. The city says the programme has so far connected 166 companies with 271 investors and helped four companies raise about 9 billion won.

Read the full story 2 min read

Busan city held the 2026 fourth BugiTech investment show on the afternoon of Oct 7 at BEXCO in Haeundae, held in connection with the 2026 FLY ASIA event, according to Yonhap and Asia Economy. Asia Economy reported that about 70 people attended, including managers of funds set up by Busan city, investors from the capital region and representatives of local companies. [ 1 , 3 ]

BugiTech is a Busan city investment matching programme that connects promising local companies with investors in the region and the capital region, with the aim of widening access to fundraising and supporting follow-on investment. This edition focused on companies at the scale-up stage, which have already validated their business models and now need capital to expand, Asia Economy reported. [ 1 , 3 ]

Six companies gave investor presentations, including Risol, which develops a brain-health wellness device, and Newrise, which develops an electrostatic-based nanofilter. Asia Economy also named Chainlogis, SLM, IN and Acromet among the presenters. A separate group of 15 companies, whose investment demand was identified in advance and matched with investors, held investment consultations. [ 1 , 3 ]

Twenty-six domestic investment firms took part, including managers of funds created by Busan city, SBI Investment and Kolon Investment, according to the reports. Korea Venture Investment's Southeast region investment centre presented regional venture investment trends and fund operation status, and three city-backed fund managers gave reverse pitches, in which investors present their strategies to companies. Asia Economy named the three as Inlight Ventures, Bigmove Ventures and Now IB Capital. [ 1 , 3 ]

Busan city says the programme has cumulatively connected 166 companies with 271 investors through presentations and consultations, and that four companies raised about 9 billion won in investment as a result. The investment show is held four times a year, and a BugiTech investment roadshow aimed at expanding networks with capital-region investors runs monthly, the reports said. [ 1 , 3 ]

Lee Dong-yeop, Busan city's financial and startup policy official, said the investment show is “a practical channel that directly connects local companies and investors,” adding that the city will expand opportunities for local companies and investors to keep meeting, according to Asia Economy. [ 3 ]

Why it matters

The programme is Busan city's main channel for steering private and fund capital into local companies that have already raised early-stage money and now need scale-up funding. The participation of Seoul-area investors and city-backed fund managers indicates the event is also a networking tool between the regional startup scene and the capital region. The documents give no figures on how much investment is expected from this specific edition.

Key facts

  • Busan city held the 2026 fourth BugiTech investment show on the afternoon of Oct 7 at BEXCO in Haeundae, held in connection with the 2026 FLY ASIA event. [ 1 , 3 ]
  • Six companies gave investor presentations (IR), among them Risol, a brain-health wellness device maker, and Newrise, which develops an electrostatic-based nanofilter, according to the documents. [ 1 , 3 ]
  • Fifteen companies whose investment demand was identified in advance and matched with investors held separate investment consultations. [ 1 , 3 ]
  • Twenty-six domestic investment firms took part, including SBI Investment and Kolon Investment, alongside managers of funds set up by Busan city. [ 1 , 3 ]
  • Korea Venture Investment's Southeast region investment centre presented regional venture investment trends and fund operation status, and three city-backed fund managers gave reverse pitches, according to the reports. [ 1 , 3 ]
  • Busan city says the programme has cumulatively connected 166 companies with 271 investors and that four companies raised about 9 billion won in investment. [ 1 , 3 ]
  • The investment show is held four times a year and a BugiTech investment roadshow is run monthly to expand networks with capital-region investors. [ 1 , 3 ]
  • About 70 people attended, including fund managers, capital-region investors and local company representatives, Asia Economy reported. [ 3 ]

Confirmed by several sources

  • Busan city held the fourth BugiTech investment show on Oct 7 at BEXCO in Haeundae as part of the 2026 FLY ASIA event. [ 1 , 3 ]
  • Six companies gave IR presentations and 15 matched companies held investment consultations. [ 1 , 3 ]
  • Twenty-six investment firms participated, including SBI Investment and Kolon Investment. [ 1 , 3 ]
  • The programme has cumulatively connected 166 companies with 271 investors, and four companies raised about 9 billion won. [ 1 , 3 ]
  • The investment show is held four times a year, with a monthly investment roadshow. [ 1 , 3 ]

Still unclear

  • Whether the 15 companies in the consultation sessions are separate from the six companies that gave IR presentations. The documents describe the two groups separately but do not state whether they overlap.
  • Only one company from the six IR presenters is named by more than one outlet in connection with the pair given in both reports. Yonhap and Asia Economy both name Risol and Newrise as examples, but Asia Economy alone lists the remaining four firms, so the full presenter list rests on one source.
  • The text carried with the Newsis item was about the Nuriho rocket launch, not the investment show. The feed headline refers to the BugiTech investment show, so the outlet's coverage of this event could only be taken from its headline summary.
  • How much investment is expected to result from this edition of the show. The documents report past cumulative results but give no target or forecast for this event.

What local media are saying

Official sourcesThe official-tier outlet, Yonhap, reported the city's programme schedule, the participating companies and investors, and the cumulative results attributed to Busan city, with no critical framing. [ 1 ]
Business mediaBusiness outlets treated it as a market and funding story: Newsis flagged the day's event in its headline feed, while Asia Economy detailed the venue, attendance, focus on scale-up-stage companies, fund managers' reverse pitches and a Busan city official's comments. [ 2 , 3 ]

Timeline, local time

  1. Yonhap publishes its report on the BugiTech investment show scheduled for that afternoon. [ 1 ]
  2. Newsis carries a feed item on the day's event, headlined around investment attraction and scale-up for Busan companies. [ 2 ]
  3. Asia Economy publishes details of the event, including the venue, participants and focus. [ 3 ]
  4. The fourth BugiTech investment show is scheduled to begin at BEXCO Exhibition Hall 1. [ 3 ]