Latest on Korean Startups

LIG Nex1 Co., South Korea’s major defense exporter, plans to set up a $80.5 million venture investment fund with Eugene Investment & Secur...

Heads of South Korea’s leading venture capital firms say domestic startups have entered a phase of overvaluation. The Korea Economic Dail...

Visual effects production startup VA Corporation announced Monday it received 100 billion won ($80.4 million) from private equity fund Paratus Inv...

Kakao Corp. founder and chairman Brian Kim said on Monday that he will step down from the tech giant’s board of directors, following a series ...

Kakao Corp. founder and chairman Brian Kim said on Monday that he will step down from the board of directors, following a series of scandals that ro...

South Korea’s venture capital firm Translink Investment and non-profit organization Banks Foundation for Young Entrepreneurs agreed to launch ...

Blockchain-focused venture capital firm Hashed says it is determined to show how pervasive the digital ledger technology is in our society – t...

South Korea’s AI education startup Riiid has made it onto Fast Company's annual list of the World’s Most Innovative Companies. Since 20...

South Korean game developer and publisher Pearl Abyss set a China release date of April 27 for its cross-platform MMORPG Black Desert on the App Sto...

Convenience stores are hotbeds for South Korean IT companies to test their artificial intelligence (AI) technology.That is because the establishment...

"We believe we're in one of the biggest technology boom cycles,” said Jeff Herbst, co-founding managing partner of Palo Alto-based GFT Venture...

Cloud management service provider Cloocus Co. has received 50 billion won ($40.8 million) from SK Inc. C&C, those familiar with the investment...

South Korean content shares finished Friday’s trade higher, buoyed by expectations of resumed exports to China and news that Disney+ will rele...

South Korea’s biotechnology startup Voronoi Inc. is in talks with global biomedical companies on drug designs as it aims to expand the busines...

Naver Z, a subsidiary of Naver Corp., announced on Friday the number of subscribers to its metaverse platform Zepeto now exceeds 300 million. ...

Valuence Merger Corp. 1, a special purpose acquisition company (SPAC), led by South Korean fund managers, has debuted on the Nasdaq, targeting Asian...

South Korea’s e-commerce juggernaut Coupang Inc. posted $18.4 billion in sales last year, up 54% on-year. Compared to the pre-pandemic level i...

South Korea is the world’s second-most attractive wine market, outranked by only the United States, according to London-based consumer researc...

‘Beyond Korea’ is South Korean tech juggernaut Kakao Corp.’s new vision for the future. Kakao’s new CEO nominee Namkoon...

South Korea’s beauty products manufacturer Cosmax Inc. has entered the rapidly growing pet products market.The company specializes in receiv...

South Korean cosmetics brand Dear Dahlia successfully opened a boutique in Europe’s largest department store in 2019 – just two years ...

In April 2021, there were some 200 unicorns in the Asia Pacific region, second only to the United States which had 290 startups each valued at $1 bi...

“As demand for over-the-top (OTT) services grows, so will the bid for companies that provide translated subtitles in multiple languages,&rdq...

Game shares in South Korea and the United States have plunged, hit by worse-than-expected earnings. Online game developers in Korea have also b...

South Korean fashion label Greedilous showcased its 2022 Fall-Winter collection on the main stage of the New York Fashion Week on Monday local time....

The Korea Advanced Institute of Science and Technology (KAIST) on Tuesday announced the blueprint to strengthen its foothold in the United States an...

South Korean game developer and publisher Smilegate announced Monday that its virtual human signed an exclusive contract with an affiliate of global...

Audio streaming platform Genie Music Corp. has held four metaverse concerts for K-pop singer Jamie Park so far this month. At one point during ...

Seoul Philharmonic Orchestra and SM Entertainment Co. signed a memorandum of understanding last week to collaborate across different musical genres....