Snowflake is partnering with the Seoul Investment Promotion Agency to support overseas investment attraction for AI data-based bio and digital healthcare companies.

Snowflake and the Seoul Investment Promotion Agency, the Seoul Metropolitan Government's agency responsible for attracting foreign investment, announced on the 13th that they jointly held the '2026 AI Startup Launchpad Program' launch day at the Snowflake Korea headquarters in Gangnam-gu, Seoul.

This program is a local Proof-of-Concept (PoC) type investment attraction support initiative jointly planned by both parties. Snowflake supports participating companies in data utilization and market validation based on its AI data cloud technology and local network. The Seoul Investment Promotion Agency is responsible for enhancing IR decks, providing consulting, and identifying and matching overseas investors.

The selected companies are six in total: Nearbrain, Redicure, Biobites, Iclo, IMBDX, and ForetelMyHealth. They are utilizing AI and data technologies in fields such as medical image analysis, treatment solutions for degenerative brain diseases, sarcopenia prediction, AI screening for oral diseases, cancer screening, and liquid biopsy-based diagnosis.

Through the program, participating companies plan to pursue the utilization of U.S. medical data, management of biomedical big data, multi-institutional medical data integration, systematization of data infrastructure, entry into the North American market, and securing local medical and investment networks.

Snowflake and the Seoul Investment Promotion Agency will continue to provide support for participating companies regarding the utilization of AI and data technologies, the production of IR decks, and matching with overseas investors. In September, they plan to hold IR sessions for local investors and expert meetup programs at the Snowflake AI Hub in Silicon Valley, USA.

Cho Yoon-min, Head of the Asia-Pacific and Japan Startup Program at Snowflake Korea, stated, “In cooperation with the Seoul Investment Promotion Agency, we will expand the AI innovation ecosystem for Korean companies and support participating firms in strengthening their data capabilities to connect with global investors.”

Lee Ji-hyung, Chairman of the Seoul Investment Promotion Agency, said, “We will expand the attraction of global capital for Seoul companies through collaboration with Snowflake.”