Short DescriptionPrimer is a Korean startup incubator that supports new entrepreneurs by passing down the “DNA” of experienced entrepreneurs to them.
Long DescriptionPrimer is a startup incubator, which helps starting entrepreneurs by cloning and passing down experienced entrepreneurs' DNA. It derives its name from molecular biology: a nucleic acid strand (or related molecule) that serves as a starting point for DNA replication.
Primer was founded in January 2010 as the first startup accelerator in Korea by five successful entrepreneurs who exited their businesses or took them IPO. We target mainly young entrepreneurs or college students.
We run two programs for entrepreneurs at different stages:
1. The enternship program is held twice a year with a broad scope and open to anyone interested in startups. The best teams have the chance to pitch at Demo Day and continue in the incubator program.
2. The incubator program is open to the best teams from the enternship round and via online application. The scope includes internet, software, mobile and gaming; not hardware. Primer invests USD 20-50k in the companies for 5-10% of the total shares. We provide legal/IP support and in depth mentoring.
We believe that management is more valuable than money, integrity than ability, talent then experience.
|Company Name||Description||Investment Date||Total Funding Raised||Country|
|Tubloo||Supporting contents creators by offering contents sharing platforms||March, 2015||South Korea|
|SUPERMENZ||Offering mobile supermarket service||January, 2016||South Korea|
|Wit Studio||Design software developers||USD 825,221||December, 2012||South Korea|
|ADD2PAPER||Offering free printing service||USD 1.9 million||June, 2013||South Korea|
|AndbuT||Analyzeing customer data base||USD 88,733||October, 2014||South Korea|
|Backpackr||Backpackr creates apps for travel and languages.||May, 2016||South Korea|
|RENGO||Rent car platform||June, 2016||South Korea|
|Miso, Inc.||The best way to book a home cleaning in Korea. Miso is for people who love cleanliness but don't like to clean.||USD 4.4 million||November, 2015||South Korea|
|Eggbun Education||Developing Korean Language Tutoring Application||USD 35,493||April, 2016||South Korea|