Tue. Oct 15th, 2019

New territory given by K-Ground to explore

Jaume Sanpera

To new companies that are seas from South Korea, the significant levels of availability and fifth-age arrange commercialization here might appear to be excessively far away to be important.

Be that as it may, another activity is helping a few endeavors take the jump to investigate conceivable outcomes in Korea.

One of them was Barcelona-based startup Satelio IoT Services, which was looking for media transmission organizations to empower worldwide inclusion of web of-things network – earthbound on a fundamental level – with its own heavenly body of low-flying nanosatellites.

“Truly, I knew nothing about Korea,” Satelio CEO Jaume Sanpera disclosed to The Investor in an ongoing meeting during his visit to Seoul.

Sanpera came to Seoul because of K-Ground, a joint exertion by state-drove organizations and business government offices from Europe, Oceania and different pieces of Asia to connect the physical and social hole between their new businesses and the Korea.

Through the occasion from Sept. 23 to Oct. 2, agents of 22 beginning time new companies devoted either to IoT, artificial intelligence or money related innovation from crosswise over 14 nations were allowed the chance to investigate Korea as a potential objective for abroad development.

For Satelio, K-Ground laid the basis for its discussions with agents of the enormous three Korean telco firms – SK Telecom, KT and LG Uplus – which can possibly turn into its first Asian accomplices.

“K-Ground booked a seat on these potential arrangements,” said Sanpera, who is likewise a prepared sequential business visionary.

Another organization to profit was Bangkok-based fintech startup Refinn International Dot Com, as the gatherings composed by offices and consulates enabled it to consider a Korean accomplice in their arranged extension to Indonesia one year from now.