Wednesday, 30 September 2026 PDT | 11:42 AM
The 1 News Alt Logo Text Smart News for Global Indians

Consulate General of Korea in New York and KOSME Support K

Technology September 30, 2026 10:01 PM
Consulate General of Korea in New York and KOSME Support K

Ten Promising Startups in AI and Logistics JoinConnecting with Investors and Building Networks in New York

The Consulate General of Korea in New York and the Korea SMEs and Startups Agency (KOSME) have begun building a local network to support Korean startups in entering the U.S. market and attracting investment.

On the 29th (local time), the "2026 New York K-Startup Forum" was held at the Korean Cultural Center New York, where Korean startups in fields such as artificial intelligence (AI), robotics, bio, and logistics participated to present their business models and growth strategies to U.S. investors and local stakeholders.

On the 29th (local time), the startup UpcycleX, which attracted attention at the '2026 New York K-Startup Forum' held in New York, USA.

This event was organized to help Korean startups meet investors in the U.S. market and build networks with local government and corporate officials. In addition to startup investor relations (IR) presentations, the event featured sessions introducing corporate support programs in New York and New Jersey, the U.S. venture capital (VC) ecosystem, and strategies for ROK-U.S. startup cooperation.

Among the participating companies, the business strategies of the AI software startup EON and logistics startup Teladia attracted particular attention.

EON introduced technology in which its AI agent analyzes repetitive work, allowing already verified tasks to be executed without running them through large language models (LLMs) again. The company explained that this approach reduces token costs and processing time associated with repeated LLM calls, while improving consistency and reliability of results.

At the "2026 New York K-Startup Forum" held on the 29th (local time) in New York, USA, the startup EON drew attention.

As the use of AI agents spreads and companies face increasing cost pressures, EON's core strategy is to convert repetitive work into programmatic processes for enhanced efficiency. EON also revealed its long-term vision to build a new software layer that bridges LLMs and AI applications.

Teladia outlined its plan to expand its ‘green digital forwarding’ business in the U.S. market, building on its existing logistics visibility services.

The company plans to launch its digital forwarding service in the U.S., then expand to create a logistics network connecting Korea and Europe, and subsequently enter other major trade corridors. Teladia set a goal to achieve $40 million in sales by 2029 through this expansion.

At the '2026 New York K-Startup Forum' held in New York, USA, on the 29th (local time), the startup Teladia attracted attention.

The company is also seeking to raise capital for its U.S. market expansion. Teladia announced that it aims to secure $5 million in the next investment round, which will be used for customer acquisition, the launch of its green digital forwarding business, and product enhancement.

An event official emphasized that it is crucial for Korean startups to not only have technological capabilities but also acquire business models tailored for the U.S. market and build strong local networks. An investor who attended the event commented, "It is even more meaningful to provide opportunities for networking between promising startups and investors," adding, "To actually attract investment, it is necessary to demonstrate technological excellence and vision."

Meanwhile, the Consulate General and KOSME intend to continue supporting Korean startups’ entry into the U.S. market through ongoing connections with investors and cooperation with local institutions.

© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.