Silvia Health attracts investment through pre-Series A funding

Silvia Health attracts investment through pre-Series A funding

Silvia Health Inc., an age-tech startup based in Seoul, South Korea said on Monday that it has completed a pre-Series A investment with the particip...

KAI, KARI collaborate in developing Korean UAM 

KAI, KARI collaborate in developing Korean UAM 

Korea Aerospace Industries Ltd. (KAI) has signed an agreement with the Korea Aerospace Research Institute (KARI) to help KARI perform a dry run test...

Hyundai Heavy targets $2.5 bn Saudi escort ships deal

Hyundai Heavy targets $2.5 bn Saudi escort ships deal

South Korea’s Hyundai Heavy Industries Holdings Co. targets Saudi Arabia’s project for new escort ships worth up to $2.5 billion. The wo...

Suresofttech wins deal to verify NuScale’s mini reactor software

Suresofttech wins deal to verify NuScale’s mini reactor software

Suresofttech Co., a South Korean developer of verification tools for software quality, has won a deal to check a key system in small-size reactors m...

Krafton invests $5.4 mn in India’s sports game studio

Krafton invests $5.4 mn in India’s sports game studio

Krafton Inc. said it invested $5.4 million in India’s mobile game development studio Nautilus Mobile as the South Korean producer of PlayerUnk...

Indian startups: Korean VCs' new target after China

Indian startups: Korean VCs' new target after China

South Korean venture capital firms and online giants are flocking to startups in India, a country with the world's second-largest population and low...

Former KIC real estate head to serve as ADQ's chief investment officer

Former KIC real estate head to serve as ADQ's chief investment officer

Cha Hoon, the former head of real estate investment at Korea Investment Corporation (KIC) is moving to Abu Dhabi’s state holding firm Abu Dhab...

Korea refiners' recovery accelerates on strong margins

Korea refiners' recovery accelerates on strong margins

South Korean refiners are gathering recovery momentum as refining margins hit a two-year high on falling petroleum product supply from China and r...

AI chip startup FuriosaAI wraps up $70 mn Series B round

AI chip startup FuriosaAI wraps up $70 mn Series B round

South Korea-based artificial intelligence startup FuriosaAI has recently wrapped up an 80 billion won ($72.1 million) Series B round, attracting inv...

Hyundai becomes India’s top SUV seller, wins Indian Car of the Year Award

Hyundai becomes India’s top SUV seller, wins Indian Car of the Year Award

Hyundai Motor Group’s small and compact sport utility vehicles (SUVs) are posting strong sales in fast-growing economies including India and R...

Hanwha Aerospace certified to verify Rolls-Royce aircraft engine parts

Hanwha Aerospace certified to verify Rolls-Royce aircraft engine parts

Hanwha Aerospace Co., a unit of South Korean conglomerate Hanwha Group, has been certified to conduct the quality checks on aircraft engine parts it...

KB Financial's $186 mn VC fund invests $42 mn in Indian startups

KB Financial's $186 mn VC fund invests $42 mn in Indian startups

KB Financial Group's global venture capital fund, which raised 220 billion won ($185.6 million) last year, has wrapped up its investment of about 50 b...

NH Investment joins in $10.1 bn Abu Dhabi deal for $1.3 bn stake

NH Investment joins in $10.1 bn Abu Dhabi deal for $1.3 bn stake

NH Investment & Securities Co. Ltd. will invest about 1.6 trillion won ($1.3 billion) in Abu Dhabi National Oil Company’s (ADNOC) gas pipeli...

Mirae Asset leads $23 mn funding for Indian food delivery startup

Mirae Asset leads $23 mn funding for Indian food delivery startup

Mirae Asset Daewoo Co. Ltd. has led a $23 million investment in Indian food delivery platform Swiggy by South Korean companies in their first investme...

South Korea’s year-end IPO market defies seasonal lull Hong Kong-based Gaw Capital poised to acquire Koentec for $500 mn SK weighs Ulsan cracker shutdown as S.Korea’s petrochemical shakeout deepens Hanwha heirs reshape ownership as group moves closer to succession, IPO Kakao Mobility’s 40% stake up for sale again; Hyundai, Delivery Hero tapped as buyers