Latest on Korean Startups
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Venture capital
Travel startups draw new funds amid digital transformation
As South Korea loosened social distancing measures for a gradual return to normal life this week, investors are rekindling their interest in travel s...
Nov 05, 2021 (Gmt+09:00)
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Startups
AI human developer MINDs Lab aims for November IPO
South Korea’s top artificial intelligence (AI) developer MINDs Lab Inc. is aiming to list on the Kosdaq market within this month. While the ma...
Nov 03, 2021 (Gmt+09:00)
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Startups
Specialty coffee brand Terarosa raises $60 mn from Unison Capital
The operator of Terarosa, known as the Blue Bottle Coffee of South Korea, has received around 70 billion won ($60 million) in funding from Unison Cap...
Nov 02, 2021 (Gmt+09:00)
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[Exclusive] Startups
K-pop copyright trading platform Music Cow prepares for IPO
Music Cow Inc., South Korea's first music copyright trading platform, has embarked on the process to go public on the back of its eye-catching growth...
Oct 21, 2021 (Gmt+09:00)
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Tech
Naver's metaverse platform seeks over $40 mn in funding
Naver Z Corp., the operator of South Korea's metaverse platform Zepeto, is in the early stages of talks with investors to raise more than 50 billion ...
Oct 13, 2021 (Gmt+09:00)
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Startups
Capstone Partners: Korea's 'guardian angel' for early-stage startups
In 2018, a South Korean food startup GoPizza Co. was on the brink of shutting down. Lim Jae-won, GoPizza's founder, had launched the business with a ...
Sep 28, 2021 (Gmt+09:00)
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Tech
SEWORKS CEO: Black hat hacker-turned-security consultant
SILICON VALLEY -- In a digital world where data theft is growing rapidly, hackers who turn their lives around to help in the fight against cybercrime...
Aug 30, 2021 (Gmt+09:00)
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Startups
KT makes partial exit from travel platform Yanolja
South Korea’s telecom giant KT Corp. has made a partial exit from the country’s largest travel platform Yanolja, which is eyeing a US IPO...
Aug 25, 2021 (Gmt+09:00)
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EV batteries
SM Lab develops cathode with 98% nickel, industry’s highest density
SM Lab, a South Korean battery material startup, has developed a cathode with 98% nickel content, the highest density ever for rechargeable batteries...
Aug 18, 2021 (Gmt+09:00)
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Content
Sandbox Network sets up China affiliate for business expansion
South Korea’s largest multichannel network (MCN) company Sandbox Network Inc. has made another major step forward in expanding its China busine...
Jul 22, 2021 (Gmt+09:00)
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Startups
4by4's AI solution for high-def video content lures metaverse players
Displays are everywhere – refrigerators, automobiles, and even robots. And this display boom has sparked a fresh opportunity for 4by4 Inc., a S...
Jul 21, 2021 (Gmt+09:00)
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Music & Entertainment
Samsung Galaxy boosts YouTube Music’s market share in Korea
YouTube is quickly growing in South Korea’s music market, the world’s sixth-largest. The number of YouTube Music’s monthly active u...
Jul 21, 2021 (Gmt+09:00)
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Metaverse
Soaring metaverse stocks face mixed outlook in Korea
The share prices of South Korean metaverse companies have skyrocketed throughout this year, in an environment where fan meetings, press conferences a...
Jul 21, 2021 (Gmt+09:00)
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Games
Nintendo Korea logs record-high revenue despite boycott of Japanese goods
Japanese video game giant Nintendo Co. posted an all-time high revenue in South Korea last year despite consumers boycotting Japanese products. The c...
Jul 20, 2021 (Gmt+09:00)
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IPOs
Kakao Pay delays IPO following regulator request to refile prospectus
Kakao Pay Corp., the digital settlement platform unit of South Korea’s top messaging app operator Kakao Corp., is delaying its planned initial ...
Jul 20, 2021 (Gmt+09:00)
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Digital currency
Kakao’s Ground X to work on Korea central bank digital currency initiative
Kakao Corp.’s blockchain arm Ground X was selected as a simulator for the Bank of Korea-led central bank digital currency (CBDC) project, beati...
Jul 20, 2021 (Gmt+09:00)
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Startups
Ex-TMON CEO launches e-commerce startup; raises over $17 mn in seed round
South Korea-based e-commerce startup RXC has secured around 20 billion won ($17.5 million) in a seed round -- an impressive and rare amount consideri...
Jul 19, 2021 (Gmt+09:00)
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IPOs
Kakao Pay must refile IPO registration statement to FSS
South Korea’s financial regulator Financial Supervisory Service (FSS) on July 16 requested correction of Kakao Pay’s IPO registration sta...
Jul 16, 2021 (Gmt+09:00)
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Pre-IPOs
Masayoshi Son's top pick Yanolja eyes 2023 Nasdaq listing
South Korea's largest travel platform Yanolja has raised 2 trillion won ($1.7 billion) from the Masayoshi Son-led SoftBank Vision Fund II, marking th...
Jul 15, 2021 (Gmt+09:00)
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[Exclusive] M&As
Affinity, GS Retail likely to acquire Korean delivery platform Yogiyo
A consortium led by global investment firm Affinity Equity Partners is the most likely candidate to acquire South Korea’s second-largest food d...
Jul 15, 2021 (Gmt+09:00)
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Startups
Top industry talents launch AI chip startup; market takes note
South Korea-based artificial intelligence (AI) startup Rebellions Inc. is drawing industry attention as AI chips become mainstays of the semiconducto...
Jul 15, 2021 (Gmt+09:00)
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IPOs
7brau becomes Korea's second craft brewery en route to IPO
South Korea-based Seven Brau Co., or 7brau, is poised to become the country's second craft brewery to make a trading debut, following the footsteps o...
Jul 14, 2021 (Gmt+09:00)
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Startups
Atlas Labs makes it easy to transcribe phone calls via AI technology
South Korean startup Atlas Labs is making it easier for people to keep track of their phone conversations via Switch, an app that uses artificial int...
Jun 30, 2021 (Gmt+09:00)
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Startups
Impressivo to bridge fitness and healthcare industry via sensing technology
San Francisco-based startup Impressivo is seeking partnerships in the fitness and healthcare sector as the company aims to bridge the fitness and hea...
Jun 30, 2021 (Gmt+09:00)
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M&As
Korea’s M&A market heats up with record deals in first half
South Korea’s merger and acquisition market is heating up as both big conglomerates and promising startups seek to buy out businesses with grow...
Jun 27, 2021 (Gmt+09:00)
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Fintech
Toss en route to being Korea’s first fintech decacorn; valuation tops $7 bn
South Korea-based mobile financial platform Toss is en route to becoming the country's first fintech decacorn, or a company valued at over $10 billio...
Jun 23, 2021 (Gmt+09:00)
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Startups
AI startup Voyager X raises over $25 mn in Series A funding round
South Korea-based artificial intelligence startup Voyager X Inc. has successfully raised around 30 billion won ($26.4 million) in a Series A funding ...
Jun 23, 2021 (Gmt+09:00)
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Startups
Morai's virtual testing solution reduces testing period for self-driving cars
A self-driving car needs to pass all sorts of tests before setting off for the open road. It needs to experience different types of roads, terrain fe...
Jun 22, 2021 (Gmt+09:00)
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IPOs
Tencent-backed Krafton's mega IPO seen as overvalued
South Korea-based game publisher Krafton Inc.'s highly-anticipated initial public offering is raising concerns that it may be overvalued. The company...
Jun 17, 2021 (Gmt+09:00)
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Entertainment
DearU strives to catch up with leading K-pop fan platform Weverse
Imagine getting this text from your favorite K-pop group member: “Hey, what did you eat for lunch? Can’t wait to see you at the concert t...
Jun 17, 2021 (Gmt+09:00)
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