Ulsan National Institute of Science and Technology gains ₩12 billion fund

3 July 2025

Thierry Heles

The fund was created by the Ministry of SMEs and Startups and Korea Venture Investment, with the South Korean government providing half of the capital.

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Thierry Heles is the founder and editor of The Next Leap. He has been writing about innovation ecosystems for over 12 years. His research has featured in the UK Spinout Review and University-Investor Review, the Financial Times, and the Wall Street Journal, among others.