Gravity Ventures Facilitates Malaysian Market Entry for Six Korean Semiconductor Startups
September 2nd, 2024 7:00 AM
By: Newsworthy Staff
Gravity Ventures has successfully supported six Korean semiconductor startups in expanding into Malaysia, fostering cross-border synergies and promoting technological innovation in the semiconductor industry.

In a significant move to strengthen the semiconductor industries of Korea and Malaysia, Gravity Ventures, a prominent Korean venture investment firm, has successfully facilitated the entry of six innovative Korean semiconductor startups into the Malaysian market. This initiative, part of Gravity Ventures' specialized acceleration program, aims to create cross-border synergies and promote technological advancements in the semiconductor sector.
The six startups represent a diverse range of cutting-edge technologies within the semiconductor industry. Ematerial Lab is developing advanced heat dissipation materials, while Sapien Semiconductor focuses on next-generation microLED display driver chips. RCTech provides solutions for recycling semiconductor equipment, and Idea specializes in localized advanced process gas filters for semiconductors. Security Platform offers small device SoC security solutions, and Neuroreality Vision leads in high-speed camera and image sensor technology.
Through its acceleration program, Gravity Ventures has successfully connected these startups with over 10 prominent Malaysian companies and institutions. Notable participants include BlueChip VC, a leading investor in Malaysia's semiconductor sector, the Penang Automation Cluster (PAC), Oppstar, Malaysia's first publicly traded IC design company, Clarion, a global automotive parts supplier, Infinecs Systems, a major Malaysian semiconductor design and engineering firm, and InvestPenang, a key investment support agency in Penang.
The collaboration between these Korean startups and Malaysian entities is expected to drive innovation and growth in both countries' semiconductor industries. By leveraging complementary strengths and expertise, this initiative has the potential to accelerate technological advancements, improve manufacturing processes, and enhance the overall competitiveness of the semiconductor sector in both Korea and Malaysia.
Jessy Saebyul Kim, CEO of Gravity Ventures, emphasized the firm's commitment to supporting these six companies in their Malaysian market entry. Kim stated that Gravity Ventures will utilize its extensive local network to accelerate the process and promote the establishment of an industrial cluster bridging the semiconductor industries of Malaysia and Korea.
This initiative is particularly significant given the current global semiconductor shortage and the increasing demand for advanced semiconductor technologies across various industries. By fostering collaboration between Korean startups and Malaysian companies, Gravity Ventures is contributing to the development of a more robust and diverse semiconductor ecosystem in the region.
Gravity Ventures, formerly known as Vision Venture Partners, has a strong track record in identifying and nurturing promising Korean startups with global ambitions. The firm has invested in 43 deep-tech ventures, boasting a 90% survival rate, and has supported startups throughout their lifecycle from Seed to Post-IPO. Over the past three years, Gravity Ventures has successfully exited five investments, demonstrating its ability to identify and support high-potential companies.
As the semiconductor industry continues to evolve and face new challenges, initiatives like this acceleration program by Gravity Ventures play a crucial role in fostering innovation, promoting knowledge exchange, and creating new opportunities for growth. The success of this program could serve as a model for future cross-border collaborations in the semiconductor industry and other high-tech sectors.
Source Statement
This news article relied primarily on a press release disributed by 24-7 Press Release. You can read the source press release here,
