Green Climate Fund
Scope
Date
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Venture capital
Korean proptech startup Sweet Spot attracts $7.7 mn Series B funding
South Korea's retail property technology startup Sweet Spot attracted a Series B investment of 9.5 billion won ($7.7 million) from venture capital a...
Jan 27, 2023 (Gmt+09:00)
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Cloud computing
NHN Cloud joins ranks of unicorns with $120 mn funding
NHN Cloud Co., a computer clouding service provider, has raised 150 billion won ($120 million) from South Korea-based IMM Investment, joining the ra...
Jan 26, 2023 (Gmt+09:00)
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Bio & Pharma
Celltrion increases its stake in British ADC developer Iksuda
Celltrion Inc. has secured an additional stake in the UK's antibody-drug conjugate (ADC) developer Iksuda Therapeutics.According to Celltrion on Wed...
Jan 25, 2023 (Gmt+09:00)
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Chemical Industry
CJ HDC Biosol completes plant for green biodegradable materials
South Korea's CJ HDC Biosol on Thursday said it held a completion ceremony for its biodegradable material compounding plant at Gwanghyewon Industria...
Jan 19, 2023 (Gmt+09:00)
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Shareholder activism
Activist fund nominates director candidates for KT&G
A Singapore-based activist fund has stepped up pressure on the world’s fifth-largest tobacco maker KT&G Corp. to reform governance and boo...
Jan 19, 2023 (Gmt+09:00)
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Korean startups
Medical platform operator Integration raises $8 mn in Series B funding
Integration Inc., which operates specialized platforms for medical personnel such as Traditional Korean Medicine doctors and dentists, has raised 10...
Jan 17, 2023 (Gmt+09:00)
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Shareholder activism
K-pop label SM to increase number of outside directors
South Korea’s SM Entertainment Co. will increase the number of outside directors and ban its chief executive from chairing the board as part o...
Jan 16, 2023 (Gmt+09:00)
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Business & Politics
UAE’s sovereign funds to invest $30 billion in South Korea
ABU DHABI – The United Arab Emirates will invest $30 billion in South Korea across strategic sectors, including the nuclear power, defense, hy...
Jan 16, 2023 (Gmt+09:00)
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Regulations
FSS to inquire actual use of funds raised by issuing ESG bonds
From now on, companies in South Korea that have raised funds by issuing ESG (environmental, social, and governance) bonds will have to answer questi...
Jan 16, 2023 (Gmt+09:00)
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Debt financing
SK Hynix issues $1 bn sustainability-linked bonds
South Korea’s SK Hynix Inc. has raised $1 billion in sustainability-linked bonds (SLBs) to become the world's first memory chipmaker to issue ...
Jan 11, 2023 (Gmt+09:00)
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Korean startups
Profitable Korean startups attract funds despite downturn
Profitable South Korean startups succeeded in fundraising despite an economic downturn as investors sought stable earnings from companies with clear...
Jan 10, 2023 (Gmt+09:00)
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Capital raising
Lotte E&C, Meritz Securities conclude $1.2 billion investment deal
Lotte Engineering & Construction (E&C) has secured financing of 1.5 trillion won ($1.2 billion).The company on Monday announced its conclusi...
Jan 10, 2023 (Gmt+09:00)
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Korean startups
Smart transportation solution provider Alt-A enlists pre-Series A funding
Alt-A, which provides a transportation system specialized in last-mile roads, said Monday that it has received pre-series A funding from Shinh...
Jan 10, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Korean activist fund KCGI buys Meritz Asset Management
A consortium led by Korea Corporate Governance Improvement Fund (KCGI), a local activist fund, said on Jan. 9 it signed a share purchase agreement l...
Jan 09, 2023 (Gmt+09:00)
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Korean startups
Korean startup Lemonbase attracts $5.6 mn Series A funding
Lemonbase, a South Korean developer and operator of performance management software as a service (Saas), raised 7 billion won ($5.6 million) in Seri...
Jan 09, 2023 (Gmt+09:00)
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Regulations
Broadcom to give Samsung warranties to avoid Korea penalties
US chipmaker Broadcom Inc. agreed to provide three-year warranties and technical support for components equipped in products such as smart devices o...
Jan 09, 2023 (Gmt+09:00)
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Venture capital
Smart Study Venture creates $28.4 million Baby Shark Tourism Fund
Smart Study Ventures, a corporate venture capital (CVC) affiliated with The Pinkfong Company, said on Thursday that it has created a "Baby Shark Nex...
Jan 06, 2023 (Gmt+09:00)
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Healthcare
Aekyung Industrial acquires green certification for eco-friendly detergent
Aekyung Industrial said on Thursday that it has obtained green technology certification from the Korea Technology Finance Corporation for its eco-fr...
Jan 05, 2023 (Gmt+09:00)
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Energy
S.Korea's Daehan Green Power invests in energy superstation biz
South Korea's Daehan Green Power has entered the green hydrogen sector, a new growth engine, through an energy super station project.The company on ...
Jan 03, 2023 (Gmt+09:00)
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Korean startups
S.Korean cloud startups get funding despite recession fears
The contraction of South Korea's investment market has not stopped startups specializing in software as a service (SaaS) to attract funds given that...
Jan 03, 2023 (Gmt+09:00)
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Private equity
Korean banks must increase total shareholder returns: Align Partners
South Korean private equity firm Align Partners Capital Management Inc. is set to lead shareholder activism against the country’s top financia...
Jan 02, 2023 (Gmt+09:00)
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Korean startups
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...
Jan 02, 2023 (Gmt+09:00)
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ESG
Woori Financial wins MSCI ESG global leader rating for 2nd year
Woori Financial Group said on Thursday it has earned an AA rating for the second consecutive year in the global ESG rating announced by Morgan Stanl...
Dec 30, 2022 (Gmt+09:00)
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ESG
POSCO Gwangyang Works obtains green data center certificiation
POSCO Gwangyang Works, one of the two pillar steel mills of POSCO Holdings Inc. together with Pohang Works, obtained a Green Data Center Bronze Grad...
Dec 29, 2022 (Gmt+09:00)
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Korean startups
Nursing caregiver matching startup Bosalpim succeeds in pre-series A funding
South Korea's senior citizen care service startup Bosalpim said on Wednesday that it has raised an undisclosed amount of pre-series A funding from K...
Dec 29, 2022 (Gmt+09:00)
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Pension funds
NPS will intensify shareholder engagement, new CIO says
Seo Won-joo, the new chief investment officer of the National Pension Service (NPS) of South Korea, said on Dec. 27 that the pension fund will stren...
Dec 27, 2022 (Gmt+09:00)
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ESG
Hyundai Rotem's new braking technology acquires green certification
Hyundai Rotem, a South Korean railway rolling stock supplier under Hyundai Motor Group, acquired a green certification for its zero-speed regenerati...
Dec 27, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha revs up to acquire STX Heavy Industries, following DSME purchase
Hanwha Corp. is revving up to acquire STX Heavy Industries, which provides parts and technical support for marine engines, shipbuilding equipment, a...
Dec 27, 2022 (Gmt+09:00)
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Pension funds
NPS fund management taps former GEPS CIO Seo as new chief
National Pension Service (NPS) of South Korea, the world's third-largest pension fund, has tapped Seo Won-joo as the new chief investment officer, a...
Dec 27, 2022 (Gmt+09:00)
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Venture capital
Korea’s big bio startups to launch $39 mn investment fund
South Korea’s four leading biotech firms plan to launch an investment fund of up to 50 billion won ($39 million) to support smaller domestic b...
Dec 26, 2022 (Gmt+09:00)
Latest News
- 1 Net zero, digitalization to boost private infrastructure investment
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- 3 Brokerage Hanyang Securities' 11.3% stake up for sale
- 4 Lotte's Shin Dong-bin stresses pivot to AI-led innovation
- 5 Korea's foreign currency savings snap 5-mth losing streak