The opening of South Summit Korea 2024
South Summit Korea, the leading event for the verticalised entrepreneurial ecosystem in AI and Deep Tech, co-organised by IE University in collaboration with the Gyeonggi Provincial Government and GBSA (Gyeonggido Business & Science Accelerator), has inaugurated its first edition today in Suwon (Gyeonggi-Do province). "Today marks a new chapter for entrepreneurs and innovators, as South Summit and South Korea will form the perfect partnership to continue connecting ecosystems from around the world," said María Benjumea, president and founder of South Summit, at the opening of the event.
At the opening ceremony of #SouthSummitKorea24 Diego del Alcázar Benjumea, CEO of IE University, also spoke out, highlighting how "South Summit is expanding globally. Today we inaugurate the first of many editions in Asia and we are sure that this will bring significant benefits to innovation and entrepreneurship across the entire continent."
The first day of South Summit Korea 2024 was headlined by Eric Sim, author of the book 'Small Actions: Leading Your Career To Big Success' who, along with Diego del Alcázar, shared key insights to helping students become entrepreneurs.
Other notable figures from the first day included Dongok Riso Ahn, CEO of The Garrison, and Stella Yoh, director at Orbital Startups, who discussed with Nacho Mateo, CEO of South Summit, how startup founders can effectively scale their projects.
In its first edition, South Summit Korea 2024 will bring together from today until September 27 more than 80 world experts in Artificial Intelligence and Deep Tech such as Ryo Kawashima, 'Deputy Director' of the Ministry of Economy, Trade and Industry of Japan, or Yongmin Cho, CIO of Undbound Lab and former executive at Google, Accenture, IBM or Samsung.
Additionally, during the day of #SouthSummitKorea24 The winning candidate of the Startup Competition will be announced, which will be recognised as the best startup in the fields of Deep Tech and Artificial Intelligence. Among the finalists are two Spanish startups: ClassInTheBox, a Madrid-based startup that creates digital content aimed at improving user interaction, and Aima Beyond, a Catalan startup that has developed an AI designed to act as companion for people living in solitude and vulnerbale situations.
About South Summit
South Summit is the global platform that brings together all the players in the innovation and entrepreneurship ecosystem to promote the development of business opportunities among all of them. Its main event is South Summit Madrid, co-organised by IE University, which has hosted more than 42,500 startups in its thirteen previous editions. Its Startup Competition, which has produced 7 unicorns, has generated more than 1,000 finalist startups, with a survival rate of 90% and $16.2 billion in investment raised.
The 13th edition of South Summit Madrid brought together more than 18,000 attendees from 133 countries, including more than 6,500 entrepreneurs, more than 2,000 investors with an investment portfolio exceeding $500 billion -an increase of $174 billion more than last year-, and more than 6,000 corporate representatives from around the world, along with 26 internationally renowned unicorns.
Following visits to Mexico, Colombia, Peru, Chile and Argentina, South Summit held its third edition in Brazil, also co-organised with IE University, in March of this year. This edition brought together over 23,500 attendees from 55 countries, including more than 3,000 startups and 900 investment funds. These investors were ready to support the best innovative ideas from around the world, backed by a portfolio of $213 billion. South Summit Brazil is already gearing up for its fourth edition, which will take place between 9 and 11 April 2025
