UNIST Receives KRW 50 Million Donation from Synergy Inc. to Enhance Startup Ecosystem

On March 11, UNIST announced that it has received a generous donation of KRW 50 million from Synergy Inc. to support the revitalization of the university’s startup ecosystem. This significant contribution will enhance support for emerging startups at UNIST, fostering innovation and entrepreneurship.

The donation presentation ceremony took place at UNIST and was attended by distinguished representatives, including President Kwon-young Jang and Executive Director TaeHoon Kim from Synergy Inc., along with UNIST President Chong Rae Park, Director Woonggyu Jung of the UNIST Development Fund, and Director TaeGyu Han of UNIST Holdings Co., Ltd.

In his remarks, President Park noted, “We anticipate that this generous support will create a powerful synergy within the UNIST startup ecosystem.” He further noted, “This funding will be actively utilized to nurture startups, enabling outstanding UNIST technology to translate into regional business ventures.”

President Jang of Synergy Inc. emphasized the importance of this partnership, remarking, “As a leading startup in Ulsan, we hope our contribution revitalizes UNIST startups.” He added, “As a key player in the renewable energy sector, we are committed to leading the transition to new industries alongside UNIST.”

Founded in 2019 and headquartered in Ulsan, Synergy Inc. is a pioneering smart energy technology company. Having achieved profitability in 2023, the company reported cumulative sales of 35.6 billion won and cumulative investments totaling 12.8 billion won as of December of last year. With its impressive trajectory over the past six years, Synergy Inc. is poised to evolve into a unicorn in the energy sector.