Venture capital
Venture capital
S.Korean startups, VC seek money, business opportunities in Japan
Sep 22, 2023 (Gmt+09:00)
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Real estate
Seoul envisions its own Hudson Yards in the city's east end
Seoul, the capital of South Korea for more than six centuries since the Joseon dynasty, is poised to revamp its city planning for the next century wi...
Sep 22, 2023 (Gmt+09:00)
2 Min read -
Venture capital
S.Korea to form $6.2 bn corporate venture capital fund pool by 2025
The South Korean government and the private sector will jointly create a corporate venture capital (CVC) fund pool worth more than 8 trillion won ($6...
Jul 24, 2023 (Gmt+09:00)
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Venture capital
Korean startups feel bite of funding drought in H1
The drought in venture capital funding worsened in South Korea in the first half of this year, taking an especially heavy toll on platform and bio ...
Jul 07, 2023 (Gmt+09:00)
3 Min read -
Venture capital
Ontario, S.Korea VC firm to establish $76 mn healthcare fund
Canada's Ontario government has joined hands with a South Korean venture capital firm to establish a fund of 100 million Canadian dollars ($75.6 mill...
Jul 05, 2023 (Gmt+09:00)
1 Min read -
Venture capital
Vertex Ventures US upbeat for data startups
The healthcare, manufacturing, mobility and retail sectors were slower to adopt digital technologies than the telecom and e-commerce industries in t...
Jun 16, 2023 (Gmt+09:00)
2 Min read -
Venture capital
SK Networks eyes partnership with US-based Bow Capital
SK Networks Co., a South Korean trading company, is seeking to form a partnership with Silicon Valley-based venture capital firm Bow Capital to diver...
May 31, 2023 (Gmt+09:00)
1 Min read -
Venture capital
Lotte to open Silicon Valley corporate venture capital unit
Lotte Group, a South Korean retail-to-chemical conglomerate, is set to launch a corporate venture capital (CVC) business in Silicon Valley, the globa...
May 26, 2023 (Gmt+09:00)
3 Min read -
Venture capital
SK C&C partners with Storm Ventures to discover promising B2B startups
South Korean IT services company SK C&C announced on Wednesday a partnership with American venture capital firm Storm Ventures to discover and co...
Apr 06, 2023 (Gmt+09:00)
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Venture capital
Korean startup investments rapidly dry up in wake of SVB debacle
The shock from the collapse of American startups’ main financing artery Silicon Valley Bank (SVB) has been deeply felt in the South Korean star...
Mar 27, 2023 (Gmt+09:00)
3 Min read -
Venture capital
LB Investment draws record demand from individual investors
LB Investment Inc., a venture capital firm associated with the LG founder's family, has achieved a remarkable competition rate of over 1,000 to 1 for...
Mar 22, 2023 (Gmt+09:00)
1 Min read -
Venture capital
SK Networks invests $22 mn in US AI-based device company
South Korea's SK Networks has identified a startup specializing in AI-based devices and software platforms as a new investment target. The startup, c...
Mar 09, 2023 (Gmt+09:00)
1 Min read -
Venture capital
Korea's venture capital investment falls 12% last year amid downturn
South Korea's venture capital investment last year fell more than 10% from a year ago due to the economic downturn caused by a series of global rate ...
Jan 30, 2023 (Gmt+09:00)
1 Min read -
Venture capital
Korean proptech startup Sweet Spot attracts $7.7 mn Series B funding
South Korea's retail property technology startup Sweet Spot attracted a Series B investment of 9.5 billion won ($7.7 million) from venture capital an...
Jan 27, 2023 (Gmt+09:00)
1 Min read -
Venture capital
SK Ecoplant joins with PnP to foster eco-friendly global startups
South Korea’s SK Ecoplant Co. will join with global venture capital firm Plug and Play (PnP) to discover and launch global startups in eco-frie...
Jan 09, 2023 (Gmt+09:00)
1 Min read -
Venture capital
Smart Study Venture creates $28.4 million Baby Shark Tourism Fund
Smart Study Ventures, a corporate venture capital (CVC) affiliated with The Pinkfong Company, said on Thursday that it has created a "Baby Shark Next...
Jan 06, 2023 (Gmt+09:00)
1 Min read -
Venture capital
Document tool company Business Canvas secures Series A2 round
Business Canvas, a South Korean SaaS (software as a service) startup that services the global document tool "Typed," announced on Tuesday that it has...
Jan 02, 2023 (Gmt+09:00)
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Venture capital
Disclosure obligations of venture capital accelerators to be strengthened
The Ministry of SMEs and Startups said on Monday that an amendment to the Venture Capital Investment Promotion Act, which will strengthen the disclos...
Jan 02, 2023 (Gmt+09:00)
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Venture capital
Korea’s big bio startups to launch $39 mn investment fund
South Korea’s four leading biotech firms plan to launch an investment fund of up to 50 billion won ($39 million) to support smaller domestic bi...
Dec 26, 2022 (Gmt+09:00)
2 Min read -
Venture capital
Daol Financial Group to let go of VC affiliate, hit by liquidity crunch
The Daol Financial Group is widely expected to let go of its venture capital arm in the midst of a worsening liquidity crunch. The VC firm Daol Inves...
Dec 06, 2022 (Gmt+09:00)
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Venture capital
VC firms rake in profit of up to 6 times principal from Raemongraein
Venture capital firms that invested in media production company Raemongraein Co. raked in significant profit from the surge in popularity of the TV s...
Dec 02, 2022 (Gmt+09:00)
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Venture capital
KEB Hana secures 6% stake in Onmind, part of SK Square's porfolio
SK Square Co. announced on Monday that Onmind Inc., one of its portfolio companies, raised 2 billion won ($1.5 million) from KEB Hana Bank. The activ...
Nov 21, 2022 (Gmt+09:00)
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Venture capital
Corporate VC veterans pinpoint their best investments
South Korean conglomerates in recent years have ramped up their investment in startups, yielding positive returns. Hyundai Motor Co. Vice President ...
Nov 03, 2022 (Gmt+09:00)
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Venture capital
Korean VCs look for next Grab, Gojek startups in Singapore
South Korea’s leading venture capital companies with at least 1 trillion won ($711 million) in assets under management are looking for promisin...
Sep 22, 2022 (Gmt+09:00)
2 Min read -
Venture capital
S.Korea's fund of funds to form new fund worth $215 mn with VCs in the US
NEW YORK – The South Korean government is poised to tap into its fund of funds to form a joint investment fund with venture capital firms in th...
Sep 22, 2022 (Gmt+09:00)
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Venture capital
Growing Korean corporate VCs provide silver lining to startups
South Korean companies are rushing to set up their own venture capital units, so-called corporate venture capital firms, to seek new growth engines i...
Sep 18, 2022 (Gmt+09:00)
5 Min read -
Venture capital
South Korean government slashes fund of funds budget by 40% on-year
The South Korean government is facing a backlash from the startup and venture capital sectors after slashing next year’s fund of funds budget. ...
Aug 31, 2022 (Gmt+09:00)
2 Min read -
Venture capital
KB to raise $150 mn India, SE Asia-focused VC fund
KB Investment Co., a venture capital arm of KB Financial Group, is seeking to raise more than 200 billion won ($150 million) in its second global fun...
Jul 15, 2022 (Gmt+09:00)
3 Min read -
Venture capital
Temasek VC unit CEO sees recent downturn as investment opportunity
Vertex Venture Holdings, a venture capital unit of Singapore state investor Temasek Holdings, expects the recent global downturn to offer investment ...
Jun 19, 2022 (Gmt+09:00)
2 Min read -
Venture capital
South Korean startups raise record-high Series A funding
South Korea's early stage startups raised a record amount of funding in the last 12 months.Even though venture capital firms at home and abroad are t...
Jun 08, 2022 (Gmt+09:00)
3 Min read
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