Underdogs, a specialized startup education institution, and Ryton Technologies, an AI service platform company, have signed a Memorandum of Understanding (MOU) for "mutual exchange and cooperation."

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Based on this MOU, Underdogs and Ryton Technologies will establish and promote a joint cooperation system, providing interconnected services, jointly holding education/events/programs, and engaging in personnel exchange.

As a prime example, Underdogs and Ryton will jointly research and develop startup coach chatbot prompts, leveraging Underdogs' data accumulated from fostering entrepreneurs nationwide and Ryton's AI technology. AI startup coaches are expected to resolve communication costs and coaching quality degradation issues that arise when coach's areas of expertise and coaching experience don't align well with the startup field and needs of the trainees.

"Through this MOU, we expect to launch AI coaching services that can dramatically reduce trial and error for entrepreneurs," said Kim Jung-heon, CEO of Underdogs.

Ryton Technologies also expressed its expectations, stating that the collaboration with Underdogs, also a startup, is meaningful in helping more startup entrepreneurs and will accelerate the popularization of AI in our daily lives.

Introduction to Underdogs

Underdogs is a specialized startup education company. Since its establishment in 2015, it has discovered and fostered over 15,000 innovative entrepreneurs nationwide. The name originates from the term "underdog" in sports, referring to teams or players with low chances of winning, and reflects Underdogs' commitment to creating a startup ecosystem that brings about social innovation and transforms the world through business, even with low possibilities. Underdogs has shifted its startup education from one-way lectures to practical coaching education. In 2023, based on its know-how in fostering startup talent through practical project-based training, Underdogs launched the "Startup-Type Core Talent Development" program, which creates a network of fellow entrepreneurs, opening a new chapter in tailored talent education. As a subsidiary of New Black, a company builder with integrated investment functions, Underdogs supports the cultivation, training, and growth of entrepreneurs.

Underdogs: https://underdogs.co.kr/

Website: https://underdogs.co.kr

Contact Information
Underdogs
Kim Yeon-ju, Manager
02-3675-6422