Zenaxis and CNT Tech Establish Policy Fund in Fisheries Sector

Zenaxis and CNT Tech have completed the formation of the 'CNT Tech-Zenaxis Future Youth Fisheries Investment Association,' expanding their policy fund management into the fisheries sector. This initiative aims to support startup companies in enhancing value in the fisheries industry through technology and innovative business models. The fund was created through a project backed by the Agricultural Policy Insurance Financial Corporation's fisheries account 'Future Youth (AC)' sector.

The two companies will work together as co-general partners to discover, evaluate, execute investments, and manage post-investment support for the selected enterprises. This partnership marks a significant step as Zenaxis has previously collaborated with CNT Tech on other agricultural policy funds, focusing on early-stage startups and small businesses.

Zenaxis aims to identify promising early-stage companies in the fisheries sector and provide them with investment and acceleration support. The fund will evaluate potential investment candidates based on various criteria, including product and technology competitiveness, market entry potential, revenue generation structure, and the management team's execution capabilities. The focus will be on discovering business models that can increase the added value of the fisheries industry.

Post-investment, both companies plan to offer tailored support based on each enterprise's growth stage and key challenges. This will include leveraging their extensive experience in investment and business incubation to enhance business models, foster collaborations, expand market access, and attract further investments. Additionally, they will explore connections with technology development and commercialization support programs like TIPS and LIPS, ensuring that companies have the necessary resources to secure sales and achieve sustainable growth.

Zenaxis and CNT Tech are committed to strengthening their investment review and post-management systems as part of their roles as policy fund operators. They will continuously monitor the operational status and financial conditions of the invested companies, adjusting support strategies according to each company's growth challenges. This approach aims to cultivate promising enterprises in the fisheries sector while fulfilling their responsibilities to investors. Zenaxis views this fund formation as a vital step in enhancing its investment experience across various industries, including agriculture and fisheries, and is dedicated to linking policy funds with investment and acceleration efforts. An official from Zenaxis stated that this fund provides a foundation for supporting potential companies in the fisheries sector with financial and growth assistance, with a commitment to responsible investment reviews and effective post-management to ensure tangible growth outcomes.

Reported by VentureSquare.