Draper Startup House
Scope
Date
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Korean SMEs
S.Korea to launch first cyber office for small, medium businesses
South Korea's Minister of SMEs and Startups Lee Young on Monday said the country will launch its 18th office for small and medium enterprises (SME) ...
May 16, 2023 (Gmt+09:00)
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Bio & Pharma
K-Bio Lab Hub, Japan's iPark to jointly support bio startups
South Korean Ministry of SMEs and Startups announced on Friday that it has reached the previous day an agreement with Japan's iPark Institute duri...
May 12, 2023 (Gmt+09:00)
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Robotics
S.Korean kitchen robot startup Wave attracts $3 mn investment
South Korea's kitchen robot startup Wave Lifestyle Technologies announced on Tuesday that it has raised a Series A1 investment of 4 billion won ($3 ...
May 09, 2023 (Gmt+09:00)
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Korean startups
S.Korean startups eye on Southeast Asia as promising market
SINGAPORE - Southeast Asia with a youth population constituting about one-third of the region’s total population and surging internet penetrat...
May 08, 2023 (Gmt+09:00)
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Artificial intelligence
Korean AI developers scurry to jump on generative AI bandwagon
AlphaGo was behind the first artificial intelligence shock in South Korea after its landslide victory in a Go match against the country’s lege...
May 04, 2023 (Gmt+09:00)
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Korean startups
S.Korea's Upstage to add AI chatbot AskUp to Japanese messaging app Line
South Korea's artificial intelligence (AI) tech company Upstage on Friday said it will install its artificial intelligence (AI) chatbot AskUp on the...
May 04, 2023 (Gmt+09:00)
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Korean startups
Asleep forms partnership with National Sleep Foundation of US
South Korea's sleep technology startup Asleep, which was part of an economic delegation accompanying President Yoon Suk Yeol's recent state visit to...
May 02, 2023 (Gmt+09:00)
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Korean startups
BIND wins D.Camp startup pitch race in April, co-sponsored by CJ
BIND Corp. was chosen by investors as the best of the best for its online fashion platform for middle-aged men during South Korea’s major star...
Apr 28, 2023 (Gmt+09:00)
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Korean startups
S.Korea to support exports of 100 SMEs in metaverse, XR industry
South Korea's Ministry of Science and ICT announced on Thursday that it will support the export of 100 small- and medium-sized enterprises (SMEs) in...
Apr 27, 2023 (Gmt+09:00)
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Korean startups
S.Korea, UL Solutions sign agreement for supporting domestic startups
The South Korean Ministry of SMEs and Startups announced on Thursday that it has signed a business agreement with global certification agency UL Sol...
Apr 27, 2023 (Gmt+09:00)
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Batteries
Kolon Industries to move into secondary battery recycling market
Kolon Industries Inc., a South Korean chemical and textile manufacturing company, is entering the secondary battery recycling market. The company an...
Apr 26, 2023 (Gmt+09:00)
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Economy
S.Korea’s public spending on maternity, child care falls short of OECD average
South Korea’s government budget for tackling the nation's low birth rate has risen to 2.25% of GDP, but housing support accounts for a major p...
Apr 26, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha Aerospace invests in Israeli startup with anti-jamming tech
South Korea's Hanwha Aerospace Co. has invested in an Israeli start-up possessing anti-jamming technology to prevent interference in global position...
Apr 25, 2023 (Gmt+09:00)
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Artificial intelligence
Upstage beats Amazon, Nvidia to rank first in global AI competition
South Korea’s artificial intelligence startup Upstage on Monday said it ranked first in four categories at the International Association for P...
Apr 25, 2023 (Gmt+09:00)
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Blockchain
Blockchain game startup Gomble gets seed round
South Korean blockchain gaming startup Gomble announced on Monday that it has successfully secured its first institutional investment. The seed fund...
Apr 24, 2023 (Gmt+09:00)
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Artificial intelligence
SK Telecom invests $11 mn in AI startup Scatter Lab
South Korea's SK Telecom Co. announced on Monday a strategic partnership with Scatter Lab, the creator of the AI agent "Luda Lee," following a 15 bi...
Apr 24, 2023 (Gmt+09:00)
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Korean startups
Asleep dreams big to help sleepless people worldwide find right treatment
Armed with artificial intelligence and big data technologies, Asleep hopes to find the best treatment for sleep-deprived people around the world wit...
Apr 21, 2023 (Gmt+09:00)
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Food & Beverage
Indonesia's Green Rebel enters S.Korean alternative meat market
Indonesia-based food tech startup, Green Rebel Foods, made public its official entry into the Korean plant-based protein food market. Bryan Toh, Glo...
Apr 20, 2023 (Gmt+09:00)
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Korean startups
Korean gov’t pledges additional $7.9 bn for startups amid fund squeeze
The South Korean government will spend an additional 10.5 trillion won ($7.9 billion) to shore up the country’s startups and venture capitalis...
Apr 20, 2023 (Gmt+09:00)
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Korean startups
Sports tech startups poised to launch next Korean unicorn
UK Premier League Tottenham Hotspur star forward Son Heung-min and two-way US MLB icon Shohei Ohtani, a designated pitcher and hitter for the Los An...
Apr 20, 2023 (Gmt+09:00)
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Korean startups
S.Korean gov't to support domestic startups in Saudi Arabia entry
South Korea's Ministry of SMEs and Startups held on Wednesday the "K-Deep Tech Startup Meetup" event at Startup Alliance & Space in Gangnam dist...
Apr 19, 2023 (Gmt+09:00)
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Regulations
Korea to adopt cornerstone investor system to vitalize IPOs
South Korea is set to introduce a system of cornerstone investors who agree in advance to subscribe to a forthcoming listing with conditions of lock...
Apr 18, 2023 (Gmt+09:00)
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Retail
Shinsegae supports int'l expansion of S.Korea's promising fashion brands
South Korea's Shinsegae Department Store has launched activities to support the overseas expansion of up-and-coming domestic fashion brands. The com...
Apr 14, 2023 (Gmt+09:00)
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Korean startups
ASICLAND, TSMC’s sole Korean partner, eyes 2023 IPO
ASICLAND Co. is the only South Korean semiconductor design house for the world’s largest foundry TSMC Co., which manufactures chips for about ...
Apr 12, 2023 (Gmt+09:00)
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Healthcare
LG to unveil healthcare product; open to startup M&As
South Korea’s LG Electronics Inc. is set to unveil its first digital healthcare product in the second half of this year, three years after it ...
Apr 12, 2023 (Gmt+09:00)
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Korean startups
Rebellions CEO aims to outrival Qualcomm within a decade
Artificial intelligence is the talk of the tech world, particularly with the rise of the worldwide sensation OpenAI’s ChatGPT, the generative ...
Apr 10, 2023 (Gmt+09:00)
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Korean chipmakers
S.Korean AI chip fabless Rebellions beats global chip giants in MLPerf tests
Rebellions Inc., a South Korean artificial intelligence chip design startup, beat global chip giants Qualcomm Technologies Inc. and Nvidia Corp. in ...
Apr 07, 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
Hyundai Motor wins Newsweek World’s Greatest Auto Disruptors Awards
Hyundai Motor Group announced on Wednesday that it won two categories at the "World's Greatest Auto Disruptors 2023" awards ceremony by Newsweek, a ...
Apr 05, 2023 (Gmt+09:00)