
Seoul's Tech-Rise 2019 drew 40,000 attendees and 300 startups. The city is betting on 5G and food-tech innovation to build its startup ecosystem.
Seoul wants its startups to be as famous as its electronics giants. The city government's flagship event, Start-Up Seoul: Tech-Rise 2019, drew 40,000 attendees, 300 startups, and 100 investors from around the world, according to the Seoul Metropolitan Government.
TNW attended the conference to get a feel for the city's growing tech scene. The food sector was a standout, with several Seoul-based startups showing off innovations that attendees could sample. The city is also positioning itself as a testbed for 5G applications, betting that early investment in the infrastructure will pay off the way it did for Silicon Valley with the internet.
Seoul has already produced a number of unicorns, and the government is pushing for more. The event was part of a broader effort to draw global investor attention to the ecosystem. For those tracking the region, the city's future initiatives and TNW's coverage will be the places to watch.
This post is brought to you by the Seoul Metropolitan Government.
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