A post by @FirstSquawk on X.

Samsung’s startup support programs have helped 1,000 companies raise a combined 2.2 trillion won in investment, according to Yonhap. The figure covers the cumulative results of Samsung’s incubation and acceleration initiatives for early-stage ventures. The milestone underscores the role large Korean conglomerates play in seeding the country’s startup ecosystem beyond their own corporate ventures. Details on the breakdown by program, sector and time frame were not disclosed in the headline report. Watch for Samsung’s next update on program expansion and whether the disclosed investment total translates into measurable job creation or follow-on funding for participating firms.