StageSeries B | Alive
Last Raised$9.11M | 3 yrs ago
About Bluepoint Partners
Bluepoint Partners is a South Korea-based partnership-driven startup accelerator and early-stage VC fund that concentrates on bridging talented high tech entrepreneurs to launching progressive startups with real global solutions.
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Latest Bluepoint Partners News
May 18, 2023
In the dynamic world of K-entertainment, of K-dramas, films and K-pop are making enough waves, there is an allure of behind-the-scenes stories and in-depth documentaries. Korean accelerator Bluepoint Partners has released a documentary titled ‘Betting,’ which sheds light on the challenges faced by entrepreneurs and venture capital during the period of recession and investment freeze. The documentary aims to offer support to the strained investment industry and expand the reach of the startup ecosystem by sharing intimate stories of founders and investors that resonate with the general public. Made over a period of two years, the documentary film was released for a preview by Bluepoint Partners on May 18th, to COEX Megabox in Seoul for about 350 guests including industry officials, startup professionals, and the media. This is the first time that an investor firm Bluepoint Partners has been involved in production of a documentary film with the intention to educate the public about the crucial role of initial investments in startups and to foster entrepreneurial spirit. After planning throughout early 2021, Bluepoint earnestly embarked on shooting and editing last year, enlisting the services of Monq, a content planning company known for its diverse portfolio, including brand films for Toss and Nexon. Despite the perception that documentary production may be viewed as wasteful from a traditional investment standpoint, an official from Bluepoint explained the motivation behind the project. “The title, ‘Betting,’ was chosen to underscore the pivotal role of early investors in assisting startups, which are uncertain, by supplying capital to fuel their growth. While investments inherently involve risks, it reflects a commitment to discover companies that can address global challenges without succumbing to them,” the representative shared. The documentary comprises three parts, adopting an omnibus style to cover various stories within the overarching themes of entrepreneurship and investment. Part 1 delves into the venture boom of the early 2000s and the contrasts that arose during that era. Part 2 highlights startups addressing heightened ESG demands by providing technological solutions to social and environmental issues. Finally, Part 3 explores the role of venture capital in supporting startups facing failure. Approximately 30 individuals actively engaged in the investment and startup ecosystem contribute their voices to the documentary. Alongside Bluepoint employees, notable figures such as Primer CEO Kwon Do-kyun, Sopoong Ventures CEO Han Sang-yeop, and LB Investment CEO Park Ki-ho, as well as representatives from conglomerates, governments, and start-ups, including GS Energy Vice President Kim Seong-won, Small and Medium Venture Business Director Lim Jung-wook, Tuvalu Foreign Minister Simon Cope, and Jikbang CEO Ahn Seong-woo, will make appearances. The documentary’s full release is scheduled through various channels, including OTT platforms. Bluepoint Partners and Monq are currently in discussions with domestic and foreign OTT and documentary distribution platforms. During a conversation with the audience session, Bluepoint CEO Lee Yong-kwan and Monq CEO Park Seong-ho shared insights into the documentary’s production process and background. CEO Park Seong-ho expressed his initial uncertainty about creating a brand film when first approached by Bluepoint, but recognized the potential value the documentary could bring. CEO Lee Yong-kwan emphasized Bluepoint’s ongoing commitment to investing in and supporting startups that utilize technology to address societal, industrial, and environmental challenges. Looking ahead, Bluepoint plans to continue promoting the startup ecosystem to the public and enhance its own branding through various activities, including the production of a sequel to the documentary. Also Read
Bluepoint Partners Frequently Asked Questions (FAQ)
When was Bluepoint Partners founded?
Bluepoint Partners was founded in 2013.
Where is Bluepoint Partners's headquarters?
Bluepoint Partners's headquarters is located at 119, Daedeok-daero 556beon-gil, Daejeon.
What is Bluepoint Partners's latest funding round?
Bluepoint Partners's latest funding round is Series B.
How much did Bluepoint Partners raise?
Bluepoint Partners raised a total of $18.93M.
Who are the investors of Bluepoint Partners?
Investors of Bluepoint Partners include IBK Capital, Korea Investment & Securities, Softbank Ventures Asia, QUANTUM Ventures Korea, KIWOOM Asset Management and 8 more.
Who are Bluepoint Partners's competitors?
Competitors of Bluepoint Partners include FuturePlay and 4 more.
Compare Bluepoint Partners to Competitors
Y&Archer is a specialized accelerator company designated by Korean Ministry of SMEs and Startups. It aims to support and foster startups through cooperation with the Korean government, public institutions, and international VCs. It was founded in 2015 and is based in Seoul, South Korea.
SparkLabs, part of SparkLabs Group, is a startup accelerator for Korea's entrepreneurs. SparkLabs' focus is on entrepreneurs seeking to change the Internet, online gaming, mobile, e-commerce, and digital media sectors.
FuturePlay combines incubator, accelerator, and venture capital to help inventors, entrepreneurs, and early-stage businesses find the necessary elements to launch, grow, and succeed. FuturePlay incubates startups through its 6-month TechUP program and funds early-stage technology startups through the Korean government's TIPS program. The company was founded in 2013 and is based in Seoul, South Korea.
Alpha Brothers is a startup accelerator that specializes in marketing. It aims to accelerate companies in South Korea by providing branding and advertising services. It was founded in 2018 and is based in Seoul, South Korea.
Samsung Ventures was established to promote the establishment of small and medium-sized companies engaging in developing technologies. Samsung's major investment areas include semiconductor, telecommunication, software, Internet, bioengineering and medical, and film/video industries, while potential investment subjects range from start-ups to established companies that are about to be listed in the stock market. As an investor, Samsung aims to provide investment funds as well as management support, technical support and market registration to the companies it invests in.
The Invention Lab operates as a corporate innovation advisory firm. The firm provides solutions with leading expert groups and organizations to help large and midsize companies promote open Innovation. It was founded in 2014 and is based in Seoul, South Korea.
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