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Hallyu Wave Hits Tech: Uncover Innovation at COMEUP 2023 in Seoul

Jessica H by Jessica H
November 1, 2023
in News
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comeup 2023 hallyu hits tech

comeup 2023 hallyu hits tech

In the heart of Seoul, where technology meets Hallyu, COMEUP 2023, South Korea premier startup festival at the iconic Dongdaemun Design Plaza (DDP), is ready to dazzle from November 8 to 10. This global event, celebrating its 5th anniversary, is a fusion of the dynamic world of startups and the vibrant energy of Korean entertainment.

As a collaboration between the Ministry of SMEs and Startups and the Korea Startup Forum, COMEUP 2023 stands as a landmark event, blending the innovation of Korea’s tech scene with its globally influential entertainment industry. Under the theme “We Move the World,” the festival anticipates 60% international participation, symbolizing a unique crossroad of global innovation and cultural influence.

Table of Contents

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  • Korean Hallyu Meets Global Startup Ecosystem
    • COMEUP 2023 Outlook
    • Highlights of COMEUP 2023 in Seoul– What to Expect?
      • 1. International Cooperation: Exclusive Global Community Zone
      • 2. Global CVC Conference – A New Investment Horizon
      • 3. Fostering Innovation: COMEUP Stars Program
      • 4. Celebrating 20 Years of Open Innovation
      • 5. Insights from Esteemed Personalities at COMEUP 2023
      • Related Posts

Korean Hallyu Meets Global Startup Ecosystem

Since its inception in 2019, COMEUP has transformed into a crucial global startup hub, interweaving South Korea’s fast-paced tech environment with the universal appeal of its entertainment industry. The event’s popularity mirrors the exponential rise of Korean cultural exports, from Kdramas to Kpop, underscoring the country’s unique position as a leader in both technological and cultural domains.

The increased global turnout results from the Korean government’s collaborations with various international entities. The event has seen a consistent rise in attendance over the years:

Visitor Numbers:

  • 2019: 21,102
  • 2020: 59,054
  • 2021: 50,291
  • 2022: 57,560

The 2023 festival extends its network to 29 countries, showcasing COMEUP’s ambition to evolve as a premier global startup festival.

COMEUP 2023 Outlook

Minister LEE Young of the Ministry of SMEs and Startups envisions COMEUP 2023 in Seoul as a platform for fostering Korean startups’ interactions and collaborations internationally.

“In our ‘digital exploration era,’ competition is limitless. Startups, with their agility, rapidity, and digital prowess, are crucial in this context.”

Minister Lee Young of the Ministry of SMEs and Startups

Highlights of COMEUP 2023 in Seoul– What to Expect?

Minister LEE Young of the Ministry of SMEs and Startups at COMEUP 2023 Media event
Minister LEE Young of the Ministry of SMEs and Startups at COMEUP 2023 Media event

1. International Cooperation: Exclusive Global Community Zone

A prime highlight of COMEUP 2023 is the new “Global Community Zone,” a direct result of active outreach to international startup communities and government collaborations, including recent visits to Saudi Arabia and the UAE. The Zone will feature participants from diverse nations like the USA, France, Germany, Switzerland, Indonesia, Cambodia, Senegal, Uganda, and more. It includes investment attraction pitches, conferences, and a year-round online business matching program, enhancing investment and collaborative opportunities for startups.

2. Global CVC Conference – A New Investment Horizon

This year introduces the “Global CVC Conference” on November 9-10, in partnership with British media company GCV and the Korea Venture Capital Association. The conference aims to facilitate significant investments and help startups enter international markets, with over 160 venture capitalists attending.

3. Fostering Innovation: COMEUP Stars Program

The “COMEUP Stars“ initiative continues to spotlight and support innovative startups with high growth potential. The 2023 program includes mentorship and investment opportunities, with involvement from 13 top Korean and international VCs and accelerators, supporting 10 selected startups each. The program features different leagues catering to startups at varying development stages.

4. Celebrating 20 Years of Open Innovation

November 9, the second day of COMEUP 2023, will be dedicated to “Open Innovation Day,” marking 20 years since the concept’s inception. It will showcase successful collaborations across various company sizes, with over 20 global companies participating. The day includes case presentations and a panel discussion on practical open innovation insights.

5. Insights from Esteemed Personalities at COMEUP 2023

The festival promises engaging sessions with notable figures in startups and entrepreneurship. Keynote speakers include Zior Park, a well-known Korean musician and entrepreneur, and Mahdi Shariff, founder of Humble and a Forbes 30 Under 30 Asia honoree. These sessions will cover essential startup topics, offering invaluable advice and inspiration.

View this post on Instagram

A post shared by Zior Park (@ziorpark)

For more information and registration, please visit the COMEUP 2023 official website. Hosted/Organized/Cooperated by: Ministry of SMEs and Startups & Korea Startup Forum.

Join us on Kpoppost’s Instagram, Threads, Facebook, X, Telegram channel, WhatsApp Channel and Discord server for discussions. And follow Kpoppost’s Google News for more Korean entertainment news and updates. You can also join our exclusive membership. You might be able to join our upcoming exclusive community events and win exciting prizes!


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Jessica H

Jessica H

Jessica is a culture enthusiast, journalist, and dynamic mom-blogger based in Indonesia. An INFP at heart, she brings empathy and curiosity into everything she writes — from heartfelt K-drama reflections to high-energy K-pop concert coverage. Passionate about Korean entertainment and its global impact, Jessica covers events and stories that connect fans across Southeast Asia. Always ready to cover the next big show, she’s keen to connect with promoters and organizers for upcoming K-music events in Indonesia. Whether exploring the latest trends or capturing fan culture on the ground, Jessica thrives on building genuine connections through Korea’s vibrant pop culture.

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