Series A investment
Scope
Date
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Korean startups
Korea’s 1st institutionalized fractional art offering a smash hit
South Korea’s first institutionalized fractional investing in a work of art proffered by Yeolmae Company, operator of South Korea’s frac...
Dec 19, 2023 (Gmt+09:00)
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Economy
Korean overseas direct investment at 2 1/2-year low in Q3
South Korea’s direct investment in other countries fell for a fourth straight quarter to its smallest level in two and a half years, despite a...
Dec 15, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Samsung to release Galaxy Book4 laptop series in January
Samsung Electronics Co. will release its laptop lineup Galaxy Book4 series on Jan. 2, 2024, with a new intelligent processor for high performance an...
Dec 15, 2023 (Gmt+09:00)
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Webtoons
Naver Webtoon to enhance global biz with new exec for US IPO
Naver Webtoon Ltd., the world’s top digital comics provider, aims to ramp up its global business with the appointment of a new executive ahead...
Dec 15, 2023 (Gmt+09:00)
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Pension funds
Korea's NPS taps Jun Ahn as real estate investment head
National Pension Service (NPS) of South Korea, the world’s third-largest pension fund, appointed Jun Ahn (Ahn Jun-sang) as its real estate inv...
Dec 14, 2023 (Gmt+09:00)
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Food & Beverage
CJ Foodville attracts $54 mn investment from Arges PE
CJ Foodville, the food service subsidiary of South Korea's CJ Group and the operator of bakery brand Tous les Jours announced on Thursday that it at...
Dec 14, 2023 (Gmt+09:00)
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Batteries
Hyundai-invested SES to provide Li-Metal battery B samples, eyes UAM
SES AI Corp., a high-performance battery maker backed by several global automakers such as GM and Hyundai Motor Co., has moved one step closer to co...
Dec 13, 2023 (Gmt+09:00)
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Supply chain
South Korea to launch $7.6 bn supply chain fund, make urea locally
South Korea plans to set up a supply chain stabilization fund of up to 10 trillion won ($7.6 billion) to effectively cope with sudden supply disrupt...
Dec 11, 2023 (Gmt+09:00)
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Corporate investment
SK Networks to accelerate AI-led, startup investments
SK Networks Co. will accelerate its transformation into an artificial intelligence-led investment company from a general trading firm, its President...
Dec 08, 2023 (Gmt+09:00)
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Banking & Finance
Korean banks enjoy robust earnings in Asian emerging markets
Four major banks in South Korea are enjoying healthy earnings from overseas businesses, particularly in Asian emerging markets.KEB Hana Bank posted ...
Dec 05, 2023 (Gmt+09:00)
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Steel
POSCO starts building industrial gas facilities in Pohang
South Korea’s top steelmaker POSCO started to construct an industrial gas production facility with a capacity of 250,000 tons at its seconda...
Dec 05, 2023 (Gmt+09:00)
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Travel & Leisure
Seoul to build huge two-ring Ferris wheel for $700 mn
The Seoul Metropolitan Government on Sunday unveiled the design of a Ferris wheel, tentatively named Seoul Twin Eye, which it plans to complete by 2...
Dec 04, 2023 (Gmt+09:00)
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Electronics
ITC launches probe into Samsung’s suit vs China’s BOE over OLED
The US International Trade Commission (ITC) has decided to launch an investigation into a complaint filed by South Korea’s Samsung Display Co....
Dec 01, 2023 (Gmt+09:00)
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Automobiles
Hyundai Mobis unveils world’s first QL display for vehicles
South Korea’s top auto parts maker Hyundai Mobis Co. said on Thursday it has developed an innovative premium display for vehicles – the ...
Nov 30, 2023 (Gmt+09:00)
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Asset management
Flexibility unlocks opportunities: M&G Investments
As central banks fight with post-COVID inflation, the repricing of global interest rates continues to add to global market volatility across both bo...
Nov 30, 2023 (Gmt+09:00)
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Korean startups
Korea's startup ecosystem lags behind peers in global investments
South Korea’s startup environment lags behind major countries in terms of global expansion and foreign investment attraction, a report from st...
Nov 30, 2023 (Gmt+09:00)
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Sovereign wealth funds
KIC recoups 40% of 2022’s loss on stock, bond gains
Korea Investment Corp. (KIC) posted a 7.12% return on total asset investments in the first eight months of this year, recouping about 40% of last ye...
Nov 29, 2023 (Gmt+09:00)
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Batteries
L&F to invest $1.9 bn to build key battery materials plants
DAEGU, South Korea – L&F Co., South Korea’s major cathode supplier seeking to transform into a comprehensive battery materials produ...
Nov 27, 2023 (Gmt+09:00)
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Bio & Pharma
Korea to invest $200 mn in new drugs, vaccines by 2028
South Korea’s health ministry will allocate 261.6 billion won ($200.2 million) for two funds over the next four years to boost private sector ...
Nov 24, 2023 (Gmt+09:00)
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Airlines
Korean LCC T’way enjoys healthy earnings on preemptive investment
South Korean budget airline T'way Air Co. reported strong earnings as it benefited from its preemptive move of introducing new aircraft to increase ...
Nov 24, 2023 (Gmt+09:00)
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Chemical Industry
Lotte Fine to invest $99 mn to up green materials sales by 6 times
Lotte Fine Chemical Co., South Korea’s largest ammonia producer, will spend a total of 129 billion won ($99 million) in an aim to become the w...
Nov 24, 2023 (Gmt+09:00)
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Business & Politics
S.Korea to pour $26 bn in UK’s renewables, infrastructure
South Korea’s sovereign wealth fund, banks and other private sector companies plan to pour £21 billion ($26.3 billion) in renewables, in...
Nov 23, 2023 (Gmt+09:00)
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Infrastructure
Compelling investment opportunity in US data center market: Principal
Current tenant demand for data centers has never been stronger and is growing at an unprecedented rate. Investors have started to take notice and ma...
Nov 23, 2023 (Gmt+09:00)
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Korean startups
Naver invests in AI operations automation startup
Naver D2 Startup Factory (D2SF), a tech startup investment and support project, announced Thursday that it invested in a startup with AI operations ...
Nov 23, 2023 (Gmt+09:00)
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Business & Politics
BP, Corio to invest $1.1 billion in S. Korea as Seoul-London ties deepen
LONDON – British offshore wind power developer Corio Generation and energy giant BP Plc have agreed to invest a combined 1.5 trillion won ($1....
Nov 23, 2023 (Gmt+09:00)
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Batteries
Hyundai to build EV battery pack plant in India by 2025
South Korea’s top automaker Hyundai Motor Co. is set to invest 7 billion rupees ($84 million) to build an electric vehicle battery pack assemb...
Nov 22, 2023 (Gmt+09:00)
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Entertainment
SM Entertainment invests in tech startup, music label
K-pop powerhouse SM Entertainment Co. invested 1 billion won ($774,353) in a local app development startup valued at 20 billion won in June 2022 via...
Nov 21, 2023 (Gmt+09:00)
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Corporate governance
Hyundai Group chair exits Schindler-invested unit board
Hyundai Group's chairwoman on Friday resigned from the board of its elevator unit, whose No. 2 shareholder is Schindler Holding AG, amid mounting sh...
Nov 17, 2023 (Gmt+09:00)
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Batteries
Trafigura to invest in S.Korea’s EV cell materials maker
Trafigura, a major global commodity trader, is set to invest in a South Korean electric vehicle battery raw materials manufacturer to take advantage...
Nov 17, 2023 (Gmt+09:00)
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Korean startups
Naver-invested Bering Lab tops at Huawei startup contest
South Korea’s artificial intelligence (AI) legal technology startup Bering Lab, with investment from Naver D2 Startup Factory (D2SF), receiv...
Nov 17, 2023 (Gmt+09:00)