KOSHA, Venture Incubation Achievements

An Hyun-soo, CEO of Jeep Korea (far left), is introducing key components such as the automatic detection system sensor for hazardous chemicals. / Provided by Jeep Korea

The Korea Occupational Safety and Health Agency (Chairman Park Doo-yong) is achieving results in its venture incubation project for startups in the industrial safety sector, in collaboration with the Ulsan Creative Economy Innovation Center.

Jeep Korea (CEO An Hyun-soo), a sensor specialist, announced on the 3rd that it has secured 1.8 billion won in investment for developing an automatic detection system that can dramatically reduce hazardous chemical leakage incidents. Founded in February 2016, Jeep Korea has received recognition for its technology by winning the Encouragement Award at the 'Safety New Technology Contest' co-hosted by KOSHA and the Ulsan Creative Economy Innovation Center last year. It was also selected for the TIPS (Tech Incubator Program for Startups) program by the Ministry of Small and Medium-sized Enterprises and Startups, receiving support for technological development of over 600 million won.

Jeep Korea plans to use the investment to establish a mass production line for graphene polymer composite sensors that are attached to the detection system. CEO An Hyun-soo emphasized, “The graphene composite sensor is a core technology that can prevent sensor malfunctions and subsequent factory shutdowns, which frequently occur in existing products that detect chemical leaks.”

KOSHA, headquartered in Ulsan Innovation City, has held two competitions since last year to foster startups in the industrial safety field, successfully uncovering and supporting 16 promising startups. KOSHA is building a full-cycle project support system, providing R&D funding as well as customized matching with industrial complex companies, expert mentoring, and support for prototype development and testing.

Ulsan = Reporter Ha In-sik hais@hankyung.com 

‹ ›