Solarize Secures 300 Million KRW Funding to Drive Solar and Hydrogen Energy Solutions
Reading Time: < 1 minuteKorean startup Solarize has secured a 300 million KRW investment from the Jeonnam Creative Economy Innovation Center. This investment provides Solarize with growth opportunities in the solar power generator and hydrogen energy equipment sectors. The Jeonnam Creative Economy Innovation Center plans to actively support Solarize’s growth through additional investment connections and marketing support.
Additionally, Solarize has been selected for the 2024 Gyeongsangbuk-do Preliminary Unicorn Growth Support Project, securing 25 million KRW in commercialization support funds and participating in various support programs. Solarize is developing inverters for solar and green hydrogen facilities, continually pursuing technological innovation and growth, and is expected to contribute to regional economic revitalization.
Lee Mun-rak, Director of the Gyeongbuk Creative Economy Innovation Center, stated, “We expect that nurturing startups and venture companies with proven technological capabilities and growth potential within Gyeongsangbuk-do will greatly contribute to the revitalization of the regional economy. We will make every effort to cultivate a unicorn company representing Gyeongsangbuk-do.”
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