Latest on Korean Startups
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Industrial adhesives
U-One R2M: S.Korea’s pioneer of rubber-to-metal adhesive
An engine mount is the part of a vehicle that holds the engine in place while at the same time reducing engine vibration. So-called “anti-vibra...
Mar 30, 2021 (Gmt+09:00)
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US IPO
Kurly hires Goldman, JPMorgan, Morgan Stanley for US listing
Kurly Inc., the operator of premium grocery delivery platform Market Kurly, will push forward in its US IPO aims with three global investment banks a...
Mar 26, 2021 (Gmt+09:00)
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Startups
D.CAMP ramps up support for Korean startups' foray abroad
D.CAMP, the largest non-profit foundation for startups in South Korea, plans to offer enhanced support for local startups' eyeing overseas expansion ...
Mar 24, 2021 (Gmt+09:00)
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RFPs
Korea VC FoF seeks offshore VC funds to commit $66 mn
The Korea Venture Investment Corp. (KVIC), which manages funds of venture capital funding vehicles, will pick offshore VC funds to commit around 75 b...
Mar 19, 2021 (Gmt+09:00)
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Startups
S.Korean e-book operator eyes unicorn status via successful foray into US
E-book platform operator RIDI Corp. has successfully tapped into the US market, fueling anticipation over the possibility of it becoming South Korea'...
Mar 17, 2021 (Gmt+09:00)
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Stock split
Krafton plans 5-for-1 share split ahead of over $880 million IPO
South Korean games developer Krafton Inc., 13.2% owned by Tencent Holdings’ investment arm, plans a five-for-one share split ahead of its plann...
Mar 17, 2021 (Gmt+09:00)
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AI search
Allganize eyes $26.5 bn enterprise search market
“Companies that haven't adopted artificial intelligence may eventually cease to exist,” said Lee Chang-su, founder and chief executive of...
Mar 17, 2021 (Gmt+09:00)
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Future mobility
Hyundai Motor invests in Clearpath Robotics in push for future mobility
Hyundai Motor Co. has invested $5 million in Clearpath Robotics Inc., a Canada-based robotics startup, in a stepped-up push to transform into a compr...
Mar 17, 2021 (Gmt+09:00)
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Fashion startup
Online fashion platform Musinsa raises $115 mn from VC firms
South Korea’s top online fashion retailer Musinsa has raised another 130 billion won ($115 million) from Sequoia Capital and IMM Investment, gi...
Mar 16, 2021 (Gmt+09:00)
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Mold industry
S.Korean mold makers target global leadership with record exports
South Korea’s die and mold industry reported another year of export growth last year, fueled by record-high volume to North America, and mainta...
Mar 16, 2021 (Gmt+09:00)
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IPOs
Coupang rival Market Kurly also eyes US IPO in 2021
Following the successful IPO debut of South Korea’s e-commerce giant Coupang Corp., its smaller, premium local rival Market Kurly is also consi...
Mar 12, 2021 (Gmt+09:00)
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Electronic components
S.Korea’s top flexible PCB maker wins big in 5G and EVs
BH Co. is South Korea’s leading manufacturer of flexible printed circuit board (FPCB), an essential component of smartphones, from camera to OL...
Mar 10, 2021 (Gmt+09:00)
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Startups
S.Korean startups' combined valuation tops $150 billion
South Korean startups' combined valuation has topped 170 trillion won ($150 billion), accounting for nearly half of the country's junior bourse Kosda...
Mar 10, 2021 (Gmt+09:00)
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3D avatars
Avatar app Zepeto becomes playground for MZers
The Blackpink House is a bucket list destination for fans of the K-pop girl group Blackpink. The house is decorated with images of the group, current...
Mar 04, 2021 (Gmt+09:00)
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Seed funding
Seed investors shy from investing in early stage startups amid pandemic
Early stage startups are almost always risky ventures, promising but unprofitable, and far from market-ready – often making it challenging to r...
Mar 03, 2021 (Gmt+09:00)
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Startups
Graphene Square aims global with mass production of 'wonder material'
Graphene is often called a “wonder material” because of the extraordinary properties that come from its nano-scale structure. It is an ex...
Mar 02, 2021 (Gmt+09:00)
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Enterprise value
Travel platform Yanolja’s enterprise value seen at $11 bn if listed on Nasdaq
South Korea’s largest travel platform Yanolja’s enterprise value could rise to at least $11 billion if the stock is listed on the Nasdaq,...
Mar 02, 2021 (Gmt+09:00)
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IPOs
Top travel platform Yanolja eyes Q2 IPO review, listing by year-end
South Korea’s largest travel platform Yanolja is looking to have its initial public offering plans reviewed by regulators in the second quarter...
Mar 01, 2021 (Gmt+09:00)
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IPOs
Kakao's edtech startup eyes 2022 listing
South Korea-based edtech startup Yanadoo is the latest affiliate of Kakao Corp., the country's largest messaging app operator, to prepare for an init...
Feb 22, 2021 (Gmt+09:00)
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Fintech platforms
Korea’s InfoPLUS sees growth potential in Vietnam’s fintech platform
Mirroring the other fast-growing economies in Southeast Asia, Vietnam is rapidly transitioning into a cashless society, with financial transactions b...
Feb 17, 2021 (Gmt+09:00)
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Self-driving technology
Vueron gets autonomous driving permit with lidar technology
Vueron Technology Co., a South Korean lidar perception software startup, said on Tuesday a self-driving vehicle made a successful run on an expresswa...
Feb 17, 2021 (Gmt+09:00)
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Food exports
Startups spice up Korean food export market
South Korean startups are at the forefront of the Korean food export boom as they boost global awareness of popular dishes such as spicy fermented ca...
Feb 02, 2021 (Gmt+09:00)
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Mobility
Hyundai, KDB launch fund to foster mobility startups
Hyundai Motor Group and Korea Development Bank have decided to create a 74.5 billion won ($67 million) fund to invest in startups that offer future m...
Feb 01, 2021 (Gmt+09:00)
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Startups
Korea’s top online flea market set to raise $180 mn in funding
Danggeun Market Inc., South Korea’s largest online flea market operator, is poised to raise up to 200 billion won ($180 million) in fresh fundi...
Feb 01, 2021 (Gmt+09:00)
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Startups
Startup foundation D.CAMP generates $6 bn in economic value
D.CAMP, South Korea's largest non-profit foundation for startups, has generated 6.7 trillion won ($6 billion) in economic value, including 32,523 jo...
Jan 29, 2021 (Gmt+09:00)
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Korean entrepreneurs
Serial entrepreneur builds gateway for cloud services
“You see all of these buildings? All of the companies in these buildings will become our clients."These were the words of Lee Han-joo, chief ex...
Jan 27, 2021 (Gmt+09:00)
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Startup IPOs
Naver-invested startups line up for IPOs; market seems welcome
South Korean startups invested in by top online portal Naver Corp. are gearing up for debuts on the local bourse amid expectations of a welcome marke...
Jan 25, 2021 (Gmt+09:00)
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Fashion platforms
S.Korea's online fashion platform eyes global expansion
Online fashion platform Musinsa Co., a familiar name among Gen Zers and millennials in South Korea, is ready to go global. This month, the Korean com...
Jan 21, 2021 (Gmt+09:00)
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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)
