Latest on Korean Startups
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Startups
Silicon Valley-based PnP sets sights on Korean smart city ventures
Plug and Play (PnP), a Silicon Valley-based startup accelerator, will team up with the city of Seoul to invest in South Korean venture firms with sma...
Jan 13, 2021 (Gmt+09:00)
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CES 2021
K-startup products sweep CES 2021 innovation awards honors
A number of products and technologies of Korean startups have received Innovation Awards honors at the Consumer Electronics Show (CES) 2021, the worl...
Jan 11, 2021 (Gmt+09:00)
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Startups
Satellite launcher startup raises over $7 mn in Series A funding
South Korea's Innospace Co., which develops launch systems to carry small satellites into space, is set to complete its Series A funding round of 8 ...
Jan 11, 2021 (Gmt+09:00)
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Startups
Live commerce app Grip posts over $22 mn in transactions
South Korea-based live commerce app Grip saw its cumulative transaction amount surpass 24 billion won ($22.2 million), just two years after its incep...
Jan 05, 2021 (Gmt+09:00)
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Startups
S.Korean unicorn companies line up for IPOs
Huge sums of money have been flowing into growth sectors globally, prompting South Korean unicorn companies, or non-listed companies with an enterpri...
Jan 04, 2021 (Gmt+09:00)
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Startups
Masks as fashion statement through art collaboration
Face masks have become essential in the COVID-19 era to prevent the spread of the virus. But aside from protecting users against the pandemic, masks ...
Dec 30, 2020 (Gmt+09:00)
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Interview
D.CAMP eyes tech startups for global expansion
D.CAMP, South Korea's largest non-profit foundation for startups, is on the lookout for domestic tech startups with the potential to go big in globa...
Dec 23, 2020 (Gmt+09:00)
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Blockchain technology
Finhaven to launch world's first blockchain-powered exchange
Canada-based fintech startup Finhaven is set to launch Finhaven Private Markets, the world's first blockchain-powered securities exchange using digit...
Dec 21, 2020 (Gmt+09:00)
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Venture capital
Korea’s venture capital firms poised to grow, no bubble seen in market
Growth in South Korea’s venture capital investments has been slow relative to the pace of the country’s economic growth, creating an oppo...
Dec 15, 2020 (Gmt+09:00)
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Startups
Venture capital investments hit all-time high in S.Korea
Venture capital investments in South Korea are seeing a speedy recovery after facing a setback earlier this year due to the COVID-19 crisis. Over the...
Dec 06, 2020 (Gmt+09:00)
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Fashion apps
Fashion platforms Musinsa, Zigzag hit jackpot thanks to Gen Zers and millennials
South Korea’s online fashion apps are booming thanks to their ability to attract Gen Zers and millennials. This year, the top five players&rsq...
Dec 01, 2020 (Gmt+09:00)
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System semiconductors
Fadu, Mobilint emerge as S.Korea's system chip startup dark horses
South Korea's two semiconductor startups, Fadu Inc. and Mobilint, have emerged as the country's system chip industry dark horses as their competitive...
Nov 24, 2020 (Gmt+09:00)
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Startups
Home interior platform nears unicorn status via $70mn funding
South Korea-based startup Bucketplace, an operator of home interior app OHouse, has raised $77 million in Series C funding, moving a step closer to a...
Nov 23, 2020 (Gmt+09:00)
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Future mobility
Kakao, Google in talks over mobility partnerships
Kakao Mobility Corp., the transportation arm of South Korea's No. 1 messaging operator Kakao Corp., is in talks with global IT giant Google over pote...
Nov 22, 2020 (Gmt+09:00)
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IPOs
Top Korean travel startup Yanolja taps 2021 IPO managers
South Korea’s largest travel platform Yanolja has mandated Mirae Asset Daewoo Co. and Samsung Securities Co. to handle its initial public offer...
Nov 20, 2020 (Gmt+09:00)
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Future mobility
SK Telecom seeks $271 mn for mobility spin-off
South Korea’s largest mobile carrier SK Telecom Co. is looking to raise up to 300 billion won ($271 million) ahead of rolling out its new mobil...
Nov 17, 2020 (Gmt+09:00)
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Startups
Stipop, taking on the world one sticker at a time
Emojis and stickers, pictorial icons used to convey emotions in messaging apps, help break down language barriers as users can intuitively recognize ...
Nov 16, 2020 (Gmt+09:00)
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Merger reviews
Delivery Hero, Woowa $4 bn merger faces hiccup due to KFTC
The proposed merger between Germany-based Delivery Hero SE and South Korea's Woowa Brothers Corp. has hit a roadblock due to the Korea Fair Trade Com...
Nov 16, 2020 (Gmt+09:00)
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Startup
Korean startup to rival Dolby in unconquered 3D audio market
Gaudio Lab Inc., backed by SoftBank Ventures, is throwing down the gauntlet to Dolby Laboratories for the three-dimensional (3D) audio market, for whi...
Nov 12, 2020 (Gmt+09:00)
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Startups
Korean travel platform My Real Trip raises $36 million amid sluggish travel industry
My Real Trip, Korea’s leading online travel platform, has received 43.2 billion won ($36 million) in funding from domestic and overseas investor...
Jul 28, 2020 (Gmt+09:00)
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Venture capital
Buzzvil eyes unicorn status with ad platform
Reading the biographical novel of nuclear physicist Lee Whi-so made his heart beat. "I, too, want to be a creator of something that will change the wo...
Apr 01, 2020 (Gmt+09:00)
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Tech
Linkflow's wearable camera helping doctors fight coronavirus
The entire city of Wuhan, China, the origin and epicenter of the novel coronavirus, is on lockdown. But medical professionals are still hard at work f...
Mar 30, 2020 (Gmt+09:00)
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Venture capital
Balance Hero banks on India's 1.3B with fintech
Expanding to India was a no-brainer decision for Lee Cheol-won."It took just five minutes to make the call," said Lee, CEO of Balance Hero, a financia...
Mar 05, 2020 (Gmt+09:00)
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Interview
Stronghold Technology's smart roaster stirs up coffee market
It's part of our morning routine, an afternoon pick-me-up and a good complement to an evening get-together with friends. We're talking about coffee. I...
Feb 13, 2020 (Gmt+09:00)
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Interview
POD startup pierces trend with unlimited design possibilities
When Park Hye-yoon (pictured) visited Disney Land in 2006, she wondered why all the Snow White merchandise only had to do with either Snow White or th...
Feb 13, 2020 (Gmt+09:00)
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Startup
DTCP to scale Korean start-ups into global unicorns
Deutsche Telekom CEO Tim Hoettges visited SK Telecom in June and discussed ways to collaborate in 5G mobile communication services. The two companies ...
Dec 03, 2019 (Gmt+09:00)
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Startup
Start-up takes stab at lithium-ion industry
What do artificial intelligence (AI) and self-driving vehicles have in common? They're both energy guzzling machines.This reason alone makes battery a...
Nov 29, 2019 (Gmt+09:00)
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Startup
App Doctor offers on-demand, hourly app service
For start-ups, applications are often a nuisance. Not only is it tough to develop one, but it's also a hassle to maintain and fix any issues. You're l...
Nov 29, 2019 (Gmt+09:00)
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Startup
Self-guided trip platform expands into themed travels
Planning a trip is no vacation. Booking a flight and hotel isn't the end and searching for activities and mode of transportation is a must. This is wh...
Nov 06, 2019 (Gmt+09:00)
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Startup
AI chip venture set to challenge Nvidia, Intel, Google
Back in 2017, the idea of launching a startup to make artificial intelligence (AI) semiconductors prompted many blank stares. It was a fight that coul...
Nov 01, 2019 (Gmt+09:00)
