Edutech specialist Team Sparta (CEO Lee Beom-gyu) announced on the twentieth that it had made its first seed investment in 5 excellent teams produced through the worker start-up boot camp ‘{Chang}’.
Through this, the corporate plans to expand its scope to accelerating to find recent startups, support investment within the early growth stage, and develop into a stepping stone for sustainable growth.
{Chang}, which goals to nurture entrepreneurs and discover promising startups, is a program that permits prospective entrepreneurs to plan, develop, and even operate items. It provides basic start-up education corresponding to team constructing, networking services, and practical start-up lectures, and Teamsparta directly conducts seed investment for excellent teams so as to add strength to growth engines. Currently, {Chang} has recorded about 8,000 cumulative applicants and 121 cumulative teams by word of mouth from prospective entrepreneurs.
The primary investment goal is 5 places. At the ultimate stage of the curriculum, the startup team held a demo day evaluated by incumbent VCs, and went through document review, interview, and investment deliberation committee stages based on the proposed startup roadmap.
Amongst them, five teams were chosen, including ‘Bongal’ (operator Just Say It), which presented a metaverse video English conversation study model, and ‘Armadillo’, which introduced a subscription-type PT and weight loss program management business model.
Daeyoung Kim, CEO of 3PC, said, “I had a thirst to run an organization directly from an existing fitness trainer, and I’m completely satisfied to appreciate my dream through {Window}.” I’ll use it for you,” he said.
Excellent teams can enjoy the precise to maneuver into the headquarters office in Teamsparta, mentoring and developer manpower support, and advantages from partners corresponding to Naver Cloud and AWS. Specifically, follow-up investments through six partner VCs, including KB Investment, Korea Investment Accelerator, Capstone Partners, Thanks Ventures, Mashup Angels, and Future Play, will probably be linked to assist the startup team proceed to grow.
Kim Moo-jong, CEO of Just Sayit, said, “I used to be convinced that Team Sparta may very well be the most effective partner to grow with, seeing Team Sparta’s passion and can.” I would like to reply,” he said.
Lee Beom-gyu, CEO of Teamsparta, said, “As there are a lot of individuals who have put their lives on the road to begin a business, we’re running {Window} with a heavy sense of responsibility, from team formation, which is the premise for fulfillment within the early stage of a business, to basic training and insights, to investment decisions.” “Based on the perception that it’s an organization with a pool of competent talents, we are going to strive to develop into the biggest preliminary entrepreneurship community in Korea,” he said.
Reporter Juyoung Lee juyoung09@aitimes.com