Orange Planet Supports 16 Startups in 2023 First Half Regular Recruitment
Orange Planet Foundation announced on March 20th that it will support 16 startup teams selected through the '2023 First Half Regular Recruitment'.
12 teams were selected for Orange Garden, and 4 teams for Orange Farm. Orange Garden is for pre-entrepreneurs or teams that need to validate their early-stage business models. Orange Farm is for early-stage startups requiring business advancement.
The Orange Garden selected teams are: Plan By, Snappot, The Blue Hour, Pimpack, Theta One Korea, Outstanders, B-Linker, Jjan Korea, My Plan It, Peat, Unid Company, and Witida.
The Orange Farm selected teams are: SQR, Sorceryx, Weeth, and Smoretalk.
Orange Planet will provide business support funds and free office space to the selected startups.
Launched in December 2021, Orange Planet is an independent non-profit startup foundation of Smilegate Group. As of the end of last year, the cumulative enterprise value of Orange Planet alumni companies increased by 40% compared to the previous year, reaching 2.6 trillion won.
An Orange Planet representative said, "We plan to provide education for stable and sustainable growth, mentoring and coaching, investment opportunities, and more in various ways."
