Latest on Korean Startups

Webtoons
South Korean webtoon makers in quandary after pandemic
At the height of the COVID-19 pandemic a few years back, social distancing was the rule of life. People stayed at home, with many of them killing time reading webtoons and watching videos on their smartphones.South Korea’s webtoon companies en
Jun 14, 2024 (Gmt+09:00)
-
Korean startups
Asia's largest startup fair NextRise 2024 held in Seoul
The Korea International Trade Association and Korea Development Bank announced on Thursday that the Asia's largest startup fair "NextRise 2024 Seoul"...
Jun 13, 2024 (Gmt+09:00)
1 Min read -
Beauty & Cosmetics
L'Oréal to nurture K-Beauty startups
L'Oréal, the world's largest cosmetics group, announced on Wednesday that it is recruiting digital and innovative technology companies to par...
Jun 13, 2024 (Gmt+09:00)
1 Min read -
Future mobility
RideFlux wins temporary Level 4 self-driving permit
RideFlux Inc., a South Korean autonomous driving technology startup, has received a temporary permit to operate a driverless car at normal speed for ...
Jun 12, 2024 (Gmt+09:00)
2 Min read -
Mergers & Acquisitions
Rebellions-Sapeon Korea merger to challenge Nvidia’s AI chip dominance
Rebellions Inc., a South Korean artificial intelligence chip design startup, is merging with its crosstown rival Sapeon Korea Inc., an AI chip firm b...
Jun 12, 2024 (Gmt+09:00)
4 Min read -
Aerospace & Defense
Nara Space selected as IPEF's top-100 climate startups
South Korea's micro-satellite startup Nara Space Technology Inc. announced on Friday that it was selected as one of the top-100 climate tech startups...
Jun 07, 2024 (Gmt+09:00)
1 Min read -
Artificial intelligence
Nvidia co-leads Series A round for AI startup Twelve Labs
Global chip giant Nvidia Corp. has co-led a $50 million Series A funding round for Twelve Labs, a South Korean artificial intelligence company specia...
Jun 05, 2024 (Gmt+09:00)
2 Min read -
Korean startups
Dog meetup app MMDC aspires to be AI pet nanny
Some call it social media for dogs, others say it's a dating app for their four-legged friends. No matter what you call it, the Meet My Dog Challenge...
Jun 05, 2024 (Gmt+09:00)
5 Min read -
Batteries
LG Energy Solution to discover startups in battery sector
South Korea's LG Energy Solution Ltd. announced on Monday that it will host Battery Challenge 2024, an open innovation program to discover startups ...
Jun 03, 2024 (Gmt+09:00)
1 Min read -
Aerospace & Defense
Nara Space attracts $14.5 mn series B investment
South Korea's micro-satellite startup Nara Space Technology Inc. announced on Friday that it attracted a 20 billion won ($14.5 million) series B inve...
May 31, 2024 (Gmt+09:00)
1 Min read -
Korean startups
KT offers reverse pitches to pick startup partners
KT Corp. has offered reverse pitches for South Korean artificial intelligence and technology startups to cooperate in the areas where it lacks in tec...
May 30, 2024 (Gmt+09:00)
1 Min read -
Bio & Pharma
Korean biotech Bertis to join BIO 2024 for global reach
South Korean biotech Bertis Inc. will deliver presentations at the BIO International Convention, one of the world’s largest bio and healthcare ...
May 29, 2024 (Gmt+09:00)
1 Min read -
Artificial intelligence
Rebellions, SqueezeBits to co-work on AI model compression
South Korea’s fabless AI chip startup Rebellions Inc. and AI model compression startup SqueezeBits announced on Wednesday that they partnered t...
May 29, 2024 (Gmt+09:00)
1 Min read -
IPOs
Tencent-backed Shift Up seeks June IPO at $2.6 bn value
South Korean gaming firm Shift Up Corp. is eyeing an initial public offering on the main Kospi in June, with an enterprise value of 3.48 trillion won...
May 28, 2024 (Gmt+09:00)
1 Min read -
Korean startups
Korean AI startups yet to join global unicorn club
The number of artificial intelligence unicorns has been on the rise thanks to the AI boom, but none of these South Korean AI startups have yet to joi...
May 27, 2024 (Gmt+09:00)
2 Min read -
Mergers & Acquisitions
Lunit buys breast cancer detection AI firm Volpara Health
Lunit Inc., a South Korean cancer diagnostics AI company, has completed the acquisition of Volpara Health Technologies Ltd., a New Zealand-based AI s...
May 22, 2024 (Gmt+09:00)
2 Min read -
Artificial intelligence
Conversational AI startup Rapeech attracts $4.4 mn investment
South Korean conversational artificial intelligence (AI) startup Rapeech announced on Sunday that it attracted an investment of 6 billion won ($4.42...
May 20, 2024 (Gmt+09:00)
1 Min read -
Korean startups
South Korean startups' Tokyo fever sizzles
Despite the recent Line-Yahoo cacophony, South Korean entrepreneurs are continuing their advance into Japan to find the next big market.On Thursday, ...
May 17, 2024 (Gmt+09:00)
5 Min read -
IPOs
Korean biotech Xcell Therapeutics eyes June IPO
South Korean biotech Xcell Therapeutics Inc., a developer of chemically defined media for in vitro cell culture, is aiming for a junior bourse Kosdaq...
May 16, 2024 (Gmt+09:00)
1 Min read -
Corporate investment
Shinhan, POSCO invest $20 mn in Australian hydrogen startup Hysata
South Korean steel giant POSCO Holdings Inc. and banking conglomerate Shinhan Financial Group have invested a combined US$20 million in Australian gr...
May 10, 2024 (Gmt+09:00)
2 Min read -
Artificial intelligence
DeepX attracts $80 mn new investment
DeepX, South Korea's homegrown neural network and AI chip developer, announced on Friday that it finalized attracting an investment of 110 billion wo...
May 10, 2024 (Gmt+09:00)
1 Min read -
Aerospace & Defense
Perigee, SSC to cooperate on space launch vehicle
South Korea's small space launch vehicle startup Perigee Aerospace Inc. announced on Wednesday that it partnered with the Swedish Space Corporation (...
May 08, 2024 (Gmt+09:00)
1 Min read -
Korean startups
Startups bet on affluent Gen X in Korea’s senior living market
Elder-care startups are rushing to build high-end senior homes in South Korea targeting affluent Generation Xers set to retire in five years on expec...
May 08, 2024 (Gmt+09:00)
2 Min read -
Venture capital
UAE to invest up to $1 bn in S.Korean ventures
The United Arab Emirates is set to invest a maximum of $1 billion in South Korean startups via a joint venture, as a part of its mid- to long-term pl...
May 07, 2024 (Gmt+09:00)
1 Min read -
Korean startups
S.Korea’s largest startup fair NextRise to be held in June
The Korea International Trade Association announced on Tuesday that the largest domestic startup fair in South Korea, NextRise 2024 Seoul," will be h...
May 07, 2024 (Gmt+09:00)
1 Min read -
Artificial intelligence
Vuno, Canon to target AI diagnostic market in Japan
South Korea's medical device startup Vuno announced on Monday that its Japanese partner M3AI signed a memorandum of understanding (MOU) with Canon Me...
Apr 30, 2024 (Gmt+09:00)
1 Min read -
Corporate investment
Etech System attracts $130 mn investment
South Korea's integrated IT solution consulting company Etech System attracted an investment of 180 billion won ($130 million) from private equity fi...
Apr 29, 2024 (Gmt+09:00)
1 Min read -
Korean startups
Bet on innovations with societal impact: Kakao Ventures CEO
In the past 10 years, Kim Ki-jun has been on the hunt for deep technology startups that will have a significant societal impact, and he will continue...
Apr 24, 2024 (Gmt+09:00)
3 Min read -
Korean startups
SoftBank-backed Korean flea market app sees overseas growth
Danggeun Market Inc., South Korea’s largest online flea market service provider, enjoyed growth in other countries with its Karrot app briefly ...
Apr 22, 2024 (Gmt+09:00)
2 Min read -
REITs
Koramco, Fi-public to collaborate on mobile REIT investment
South Korea's Koramco REITs Management and Trust announced on Friday that it plans to launch a personal REIT investment service utilizing a mobile pl...
Apr 19, 2024 (Gmt+09:00)
1 Min read
Latest News
- 1 Seoul appeal: Korean art captivates Indonesia’s affluent connoisseurs
- 2 CJ CheilJedang scraps $3.5 bn green bio sale, shifts gears to expansion
- 3 Trump Jr. meets Korean business chiefs in back-to-back sessions
- 4 Samsung in talks to supply customized HBM4 to Nvidia, Broadcom, Google
- 5 Kookmin Bank raises $700 mn in forex bonds amid strong demand