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FUST Lab Secures Investment from BluePoint Partners, Gearing up for Product Showcase and Future Expansion
FUST Lab Co., Ltd, a promising player in the tech innovation landscape, proudly announces its recent successful investment round led by domestic investment accelerator BluePoint Partners. Renowned for its impeccable track record, BluePoint Partners has a history of nurturing businesses to achieve exceptional growth. This is evident in their instrumental role in transforming Plasmart Co., Ltd—a distinguished semiconductor inspection equipment firm—into a NASDAQ-listed company. Now, they bring their expertise and vision to fuel FUST Lab's ascent in the tech realm.
BluePoint Partners' support, notably established as an influential early-stage investor in South Korea, comes at a pivotal juncture for FUST Lab. With FUST Lab's initial core business model focusing on cutting-edge emulsion/dispersion equipment and water treatment solutions, the collaboration aims to synergize BluePoint Partners' know-how in equipment business and its startup infrastructure with FUST Lab's innovation prowess, streamlining business growth.
In a promising move, FUST Lab will host Product Demonstration Event to unveil its latest dispersion and emulsion equipment at the Korea Research Institute of Standards and Science (KRISS) this upcoming October, 2023. This unveiling promises to showcase FUST Lab's commitment to pushing the boundaries of technological advancements.
FUST Lab has also marked its presence at The 11th International Advanced Materials & Convergence Technology Expo (INTRA 2023), scheduled from October 18th to 20th at COEX, Korea. Beginning with this exhibition FUST Lab aims to actively proceed with full-fledged sales and marketing activities following the product launch.
Looking forward, FUST Lab's trajectory has been further shaped based on recommendations from one of the Tech Incubator Program for Startup Korea (TIPS) operators, BluePoint Partners: further planning to venture into the TIPS Deep Tech Sector in the first half of 2024 to secure additional funding for continued research, development, and commercialization.
FUST Lab's collaboration with BluePoint Partners sets the stage for an exciting chapter in tech innovation, steering FUST Lab towards new horizons in the competitive world of technology.