Lucky Core Ventures
Scope
Date
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Tech, Media & Telecom
S.Korea to allocate 70% of annual R&D budget to eleven core tech areas
The South Korean government plans to allocate 70% of its annual R&D budget to 40 projects for research and development in eleven core industrial...
Apr 10, 2023 (Gmt+09:00)
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Private equity
Korean PE firm STIC taps Bain & Co senior partner for PE business
South Korean private equity firm STIC Investments Inc. is set to hire Lee Hyukjin, a senior partner of global management consulting firm Bain & ...
Apr 06, 2023 (Gmt+09:00)
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Corporate strategy
Shared growth with startups essential for GS Group: Chairman Huh
GS Group, a South Korean energy-to-retail conglomerate, plans to aggressively invest in startups and venture companies with promising technology &nd...
Apr 06, 2023 (Gmt+09:00)
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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 c...
Apr 06, 2023 (Gmt+09:00)
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Automobiles
Kia steps up electrification efforts with higher sales targets
Kia Corp., under South Korea’s Hyundai Motor Group, is gearing up to produce even more electric and other eco-friendly vehicles in the coming ...
Apr 05, 2023 (Gmt+09:00)
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Korean stock market
S.Korea's tech special IPOs face criticism on poor earnings of ventures
Around 200 South Korean ventures have debuted on the country’s secondary Kosdaq market through the technology special listing program since 20...
Apr 03, 2023 (Gmt+09:00)
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Korean startups
S.Korean fashion platform Ably attracts $39 mn before Series C round
South Korea’s Ably Corp., operator of the fashion shopping app Ably, has attracted 50 billion won ($39 million) via venture debt amid the slow...
Mar 23, 2023 (Gmt+09:00)
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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 fo...
Mar 22, 2023 (Gmt+09:00)
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Future mobility
Tmap Mobility to sell all its 30% stake in joint venture with Grab
Tmap Mobility Co., the Korean navigation app company, announced on Tuesday its plan to sell its 30% stake in Grab Geo Holdings, a joint venture esta...
Mar 15, 2023 (Gmt+09:00)
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Korean startups
Korea's StoneBridge Ventures invests $91 mn in semiconductor, AI
South Korean venture capital investment firm StoneBridge Ventures Inc. announced on Thursday that it has invested a total of 120 billion won ($90.9 ...
Mar 09, 2023 (Gmt+09:00)
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Bio & Pharma
SK Plasma to build blood products plant in Indonesia
South Korea’s SK Plasma will build a blood products plant in Indonesia.Industry sources on Tuesday said the company recently received approval...
Mar 08, 2023 (Gmt+09:00)
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Electronics
LG Electronics makes 100 millionth unit of core motor for washing machines
LG Electronics Inc. on Sunday said it produced late last month its 112 millionth unit of the inverter direct drive (DD) motor for its washing machin...
Mar 06, 2023 (Gmt+09:00)
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Companies
CJ CheilJedang opens internal venture development space Inno Play
South Korea's food and bio giant CJ CheilJedang Corp. on Sunday said it opened Inno Play, an office space for commercializing innovative ideas and d...
Mar 06, 2023 (Gmt+09:00)
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Bio & Pharma
Celltrion teams up with bio venture to develop new anti-cancer drug
South Korea's biopharmaceutical company Celltrion Inc. will develop an anti-cancer drug that combines oncolytic virus technology with biosimilars un...
Feb 28, 2023 (Gmt+09:00)
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Electronics
Samsung introduces Neo QLED, OLED core technologies in Europe
Samsung Electronics Co. announced on Friday about hosting the 2023 European Tech Seminar in Frankfurt, Germany, for two days from the previous day.T...
Feb 24, 2023 (Gmt+09:00)
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Mergers & Acquisitions
HYBE cries foul over SM, Kakao’s undisclosed deal
HYBE Co., the label behind the global sensation BTS, is considering legal action to invalidate an undisclosed deal between SM Entertainment Co. and ...
Feb 23, 2023 (Gmt+09:00)
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Hydrogen economy
Hyundai Heavy to develop core technology for seawater electrolysis system
Hyundai Heavy Industries Co. signed a business agreement for jointly developing seawater electrolysis system core technology at the Korea Institute ...
Feb 22, 2023 (Gmt+09:00)
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Tech, Media & Telecom
KT succeeds in developing core equipment for 5G-specialized networks
KT Corp., a South Korean telecom service operator, has successfully developed equipment that embodies the core technology of 5G-specialized networks...
Feb 21, 2023 (Gmt+09:00)
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Electric vehicles
LS Cable to inject $53.3 million to set up EV parts JV with HAI
LS Cable & System Ltd. will spend 67.5 billion won ($53.3 million) to set up a joint venture with Austria’s Hammerer Aluminium Industries ...
Feb 10, 2023 (Gmt+09:00)
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Korean startups
Seoul to run $3.9 billion fund for startups over 4 years
The local government of South Korea’s capital city Seoul this year will launch its own vision fund, dubbed the Seoul Vision 2030 Fund, to inve...
Feb 09, 2023 (Gmt+09:00)
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Batteries
Korea EV battery makers lose market share against Chinese rivals
South Korean electric vehicle cell makers lost a market share against Chinese competitors last year as they failed to fully benefit from a surge in ...
Feb 08, 2023 (Gmt+09:00)
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Construction
South Korea's SK Ecoplant localizes core tech to make ultrapure water
South Korea's SK Ecoplant Co. is expanding its portfolio in the water industry through localizing core technology to produce ultrapure water (UPW), ...
Feb 07, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha kickstarts localization of 1,000-hp gas turbine engine components
A project to lengthen the lifecycle of 1,000-horsepower gas turbine engine core components and materials, which is led by Hanwha Aerospace Co. locat...
Jan 31, 2023 (Gmt+09:00)
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Aerospace & Defense
Una Stella secures $4.4 mn pre-Series A funding
South Korean start-up Una Stella announced on Monday that it has secured 5.5 billion won ($4.4 million) in pre-Series A funding, led by Strong Ventu...
Jan 31, 2023 (Gmt+09:00)
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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)
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Korean startups
A-Team Ventures succeeds in attracting $4.1 mn investment from LX
A-Team Ventures, which runs an online manufacturing platform "Capa," said on Friday that it has raised a Series B funding of 5 billion won ($4.1 mil...
Jan 27, 2023 (Gmt+09:00)
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Bio & Pharma
Hancom Carelink invests in bio big data venture 3bigs
South Korea's Hancom Carelink, a digital health care company under Hancom Group, on Wednesday said it bought an unspecified stake in the bio big dat...
Jan 26, 2023 (Gmt+09:00)
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Bio & Pharma
S.Korea's Bioneer forms diagnostic joint venture with Indonesian company
South Korea's biotech company Bioneer Corp. on Monday said it concluded a deal to form a joint venture with PT Indika Energy of Indonesia for busine...
Jan 17, 2023 (Gmt+09:00)
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Petrochemicals
Lotte Chem to sell Pakistan unit for $156 mn to finance other projects
Lotte Chemical Corp. is set to sell its Pakistan unit for 192.4 billion won ($155.8 million won) to a chemical company in the country as the South K...
Jan 16, 2023 (Gmt+09:00)
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Batteries
LG Energy, Honda to build $4.4 billion battery plant in Ohio
LG Energy Solution Ltd. and Honda Motor Co. have launched their first US joint venture to build an electric vehicle battery plant in Ohio, LG said o...
Jan 13, 2023 (Gmt+09:00)
Latest News
- 1 Seoul appeal: Korean art captivates Indonesia’s affluent connoisseurs
- 2 CJ CheilJedang scraps $3.5 bn green bio sale, shifts gears to expansion
- 3 Trump Jr. meets Korean business chiefs in back-to-back sessions
- 4 Samsung in talks to supply customized HBM4 to Nvidia, Broadcom, Google
- 5 Kookmin Bank raises $700 mn in forex bonds amid strong demand