Selected as a KOSME Growth-Sharing Company with KRW 300 Million
On July 22, 2024 ACE Inventor was selected as a growth-sharing company by the Korea SMEs and Startups Agency (KOSME), receiving KRW 300 million. Growth-sharing funding is provided through instruments such as convertible bonds following an assessment of technology and growth potential.
The funds were applied to production equipment at the Hwaseong factory and to mass-production preparations. On the same day the company was also named a KIBO Value-Up core company, securing the resources needed for the transition to volume production.
Growth-sharing funding carries a lighter repayment burden and is recovered in line with the company's growth, making it well suited to manufacturers that need capital equipment.
The funds were applied to laminators and inspection equipment at the Hwaseong factory. With the KIBO Value-Up designation awarded in the same period, the second half of 2024 was a time of concentrated investment in production capability.
