CNT Tech hosts ‘2022 FAST TRACK Demo Day’ for agri-food acceleration.

“The ‘2022 FAST Track Demo Day,’ organized by the Ministry of Agriculture, Food and Rural Affairs and the Rural Development Administration, and hosted by CNT Tech (CEO Jeon Hwaseong, CNTTech), will be live-streamed on the YouTube channel starting at 1:45 PM on the 7th.

The event, part of the ‘2022 FAST Track’ program aimed at nurturing agri-food technology startups, will introduce products, business models, and achievements of 10 promising startups selected in the agricultural and food sectors to attract investments from investors and related startup organizations.

Participating companies in the Demo Day include Humil (producer of vegan milk powder from all vegan food ingredients), Deep Plant (technology and data analysis system for meat aging), Front Door Market (ready-to-eat HMR subscription-based early morning delivery), AG Robotics (AI-based multipurpose orchard farming agricultural robot and operation system), GenoBio (Pet and livestock disease prevention testing service ‘Peter’s Lab’), Kitchen in the Lab (Restaurant Meal Ready (RMR) B2B distribution business platform), People’s League (AI-powered meat cooking robot ‘MEATBOT’), Helper Robotics (Store-customized serving solution ROBOT multi-control management system and AGV miniaturization technology), Nanu (Disposable plastic alternative natural material pulp mold container using agricultural products), and Badit (Calf disease early detection and precision breeding solution ‘Farmers’ Hands’).”

(Note: Translated company names and descriptions may vary based on official English translations or common usage.)

“For this event, CNT Tech has been conducting various nurturing programs over the past six months to enhance the investment capabilities of agri-food sector companies under incubation. These programs include intensive business development education, expert 1:1 mentoring, IR consulting, and investor networking.

Jeon Hwaseong, CEO of CNT Tech, expressed high expectations for the nurtured companies this year, stating, ‘The companies selected for incubation this year have already demonstrated exceptional performance, overcoming higher competition rates than usual. We have high hopes for the outcomes of our nurturing efforts and will continue to support the growth of capable companies with advanced agricultural technology even after the Demo Day.’

CNT Tech has achieved significant milestones in the accelerator industry, including nurturing over 4,000 startups, investing in 245 companies (worth 255 billion won), 25 exits, attracting follow-up investments worth 407.2 billion won, generating cumulative sales of 500 billion won for invested companies, and facilitating 70 direct and indirect TIPS investments, as well as 70 follow-up investment connections, establishing itself with the most investment records in the accelerator industry.”

source : https://www.venturesquare.net/864747