In the latest episode of our podcast series, Talks with Turquoise, we explore how UK deeptech company TeraView has re-thought the traditional IPO route.
TeraView, a portfolio company of Low Carbon Innovation Fund 2, has taken an unconventional approach by listing on South Korea’s KOSDAQ stock exchange. The growth-focused market, often compared to Nasdaq, is known for its strong investor appetite for advanced technology businesses. The company’s decision reflects a desire amongst British scale-ups to seek access to international capital, improved valuations and investors with a deeper understanding of complex science-led innovation.
Ian Thomas, Managing Director at Turquoise, and TeraView Chief Executive, Dr Don Arnone, explore the strategic thinking behind TeraView’s overseas listing and what it could mean for the future of UK deeptech companies considering their own paths to growth.
Dr Arnone explains how the global capital markets landscape is evolving and why KOSDAQ proved to be a compelling platform for the company. TeraView’s market debut demonstrated strong early investor interest, with shares opening at 8,000 won and reaching a high of 15,500 won. The performance highlights growing confidence in terahertz technology and its potential across multiple high-value industries.
The discussion also covers:
- TeraView’s core technology and the momentum building behind terahertz imaging and spectroscopy
- The company’s growth journey and the factors that shaped its IPO strategy
- How choosing KOSDAQ allowed TeraView to connect with investors who are familiar with advanced electronics and materials technologies, providing a more natural fit than many domestic markets
- The implications for other UK science-led businesses as competition for investment intensifies, overseas listings may increasingly offer ambitious companies a clearer and faster route to scale.
Listen to the full discussion here: https://creators.spotify.com/pod/profile/turquoise-international/
To learn more about TeraView, visit: https://teraview.com/.