Naver D2 Startup Factory
Scope
Date
~
-
IPOs
Startup accelerator FuturePlay pushes ahead with IPO
Startup accelerator FuturePlay is pushing ahead with an initial public offering. The decision follows similar moves by Korean venture capital and ac...
Jan 18, 2022 (Gmt+09:00)
-
Artificial intelligence
AI humans take quantum leap in Korean entertainment and media
At first glance, ETERN!TY is similar to other K-pop bands – dancing to upbeat music and the female members donning pink tennis outfits. W...
Jan 18, 2022 (Gmt+09:00)
-
Artificial intelligence
Korean AI startups blaze trails in overseas markets
Artificial intelligence-powered image analysis company Alchera Inc. is working with PG&E (The Pacific Gas and Electric Company (PG&E) in t...
Jan 13, 2022 (Gmt+09:00)
-
Logistics
Mesh to raise up to $253 mn to become logistics unicorn
Logistics service provider Mesh Korea Co. plans to raise 200 billion to 300 billion won ($168.6 million to $253 million) in its upcoming rights is...
Jan 13, 2022 (Gmt+09:00)
-
Venture capital
SoftBank invests $146 mn in AI startup Qraft
SoftBank Group Corp. is investing $146 million in South Korea’s artificial intelligence company Qraft Technologies, Inc. The investment includ...
Jan 11, 2022 (Gmt+09:00)
-
Korean startups
SK Networks invests in AI-based US healthcare startup LVIS
South Korea’s SK Networks Co. said on Tuesday it joined a $15 million in Series B-2 funding for US healthcare startup LVIS Corp.LVIS, headquar...
Jan 11, 2022 (Gmt+09:00)
-
Metaverse
Hyundai Motor to set up metaverse factory with Unity
Hyundai Motor Co., South Korea’s top automaker, is set to establish a digital virtual factory in a metaverse space with Unity, a US-based real...
Jan 07, 2022 (Gmt+09:00)
-
Venture Capital
Pipeline software solutions provider Cloa wins $5.1 mn in additional funding
NAVER Corp.’s startup accelerator D2SF (D2 Startup Factory) has made an additional investment into data pipeline solutions provider Cloa, the ...
Dec 29, 2021 (Gmt+09:00)
-
Korean startups
Germany's ZF to invest in Korean self-driving startup
Germany's car parts maker ZF Friedrichshafen is in the final stages of negotiations to invest around 20 billion won ($17 million) in StradVision, a ...
Dec 28, 2021 (Gmt+09:00)
language -
Korean startups
SK Square injects $29.5 million into agriculture startup
Korean investment firm SK Square Co. Ltd. has invested approximately 35 billion won ($29.5 million) into homegrown agriculture tech startup Greeln...
Dec 27, 2021 (Gmt+09:00)
-
Metaverse
Naver Webtoon to acquire Korea’s virtual human maker
Naver Webtoon Ltd., the digital comics platform of South Korea’s online portal giant Naver Corp., is set to acquire the management rights of d...
Dec 22, 2021 (Gmt+09:00)
language -
Korean startups
VCs in Korea shell out in search of next unicorns
2021 has been a heyday for Korea’s startup ecosystem – especially for the VCs that invest in it. In the first three quarters of this ye...
Dec 22, 2021 (Gmt+09:00)
-
Venture capital
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...
Dec 22, 2021 (Gmt+09:00)
-
Future mobility
Nexen Tire invests in US urban air mobility startup ANRA Technologies
Nexen Tire Corp., Korea’s third-largest tire maker, has made an undisclosed amount of equity investment in ANRA Technologies, a US urban air m...
Dec 20, 2021 (Gmt+09:00)
-
Markets
Korean core companies’ stocks underperform global peers
The world sought new opportunities in 2021, recovering from the shock of the COVID-19 pandemic. Global major companies have been in cutthroat compet...
Dec 17, 2021 (Gmt+09:00)
language -
Dunamu, Naver Z invest $8.5 mn in metaverse firm Persona Space
Persona Space, a subsidiary of South Korean metaverse company Galaxy Corp., said on Dec. 16 it has attracted 10 billion won ($8.5 million) investm...
Dec 16, 2021 (Gmt+09:00)
-
Batteries
LG Chem, LG Energy acquire 2.6% of battery startup Li-Cycle for $51 million
South Korea’s top chemical manufacturer LG Chem Ltd. and its battery affiliate LG Energy Solution Ltd. have acquired a combined 2.6% stake in ...
Dec 15, 2021 (Gmt+09:00)
language -
Batteries
LG Energy to adopt Siemens' digital factory technology
South Korea's LG Energy Solution Ltd. plans to adopt Siemens AG's smart factory technology to accelerate the digitization of its battery manufacturi...
Dec 14, 2021 (Gmt+09:00)
-
Metaverse
K-startups take note of growing demand for 'meta fashion'
Meta fashion, a combination of fashion, metaverse, and NFT, is becoming a global trend. The MZ generation, as those in their 20s and 30s are ca...
Dec 13, 2021 (Gmt+09:00)
language -
Mergers & Acquisitions
Hyundai Oilbank attracts $20 million from Palantir ahead of IPO
South Korean refiner Hyundai Oilbank Co. has attracted $20 million in investment from US data analytics firm Palantir Technologies Inc. ahead of its...
Dec 09, 2021 (Gmt+09:00)
language -
Hydrogen economy
SK Gas invests in Bill Gates-backed hydrogen tech startup
SK Gas Co., the top liquefied petroleum gas (LPG) company in South Korea, has invested in Series B funding for C-Zero Inc., a California-based start...
Dec 08, 2021 (Gmt+09:00)
-
Metaverse
VR meetings with holograms, powered by metaverse startup DoubleMe
Come next year, attending meetings as a hologram version of yourself is set to become more common.Metaverse startup DoubleMe plans to commercialize ...
Dec 07, 2021 (Gmt+09:00)
-
Metaverse
Krafton enters metaverse space with investment in Naver’s Zepeto
Krafton Inc., one of South Korea’s major game developers, is entering the metaverse space by investing 5 billion won ($4.2 million) in Zepeto,...
Dec 06, 2021 (Gmt+09:00)
language -
Venture capital
Mirae Asset joins $260 mn funding for food delivery startup Jokr
Mirae Asset Global Investment Co., South Korea’s leading asset manager, has participated in a $260 million Series B funding for Jokr, a New ...
Dec 03, 2021 (Gmt+09:00)
-
Tech, Media & Telecom
Kakao extends rivalry with Naver into digital healthcare
Kakao Corp., an operator of South Korea's top mobile messenger app KakaoTalk, has set its sights on the digital healthcare market, launching an in-h...
Dec 03, 2021 (Gmt+09:00)
-
Venture capital
Korea Venture Investment creates global fund worth $2 billion
Korea’s government-backed fund of funds (FOF) management institution announced its latest selection of funds late last month, which would bene...
Dec 02, 2021 (Gmt+09:00)
-
Electric vehicles
POSCO International signs parts supply deal with US EV startup Rivian
POSCO International Corp., the trading unit of South Korea’s steel giant POSCO, said on Thursday it has signed a $6 million contract to supply...
Dec 02, 2021 (Gmt+09:00)
-
Mergers & Acquisitions
Kakao buys startup Grip, fueling e-commerce push
South Korea's Kakao Corp. has acquired a live streaming e-commerce app Grip Co. to beef up its online shopping business, considered the weakest spot...
Dec 02, 2021 (Gmt+09:00)
-
Automobiles
Hyundai Motor Korea unit to manage Asia-Pacific markets
Hyundai Motor Co. is gearing up to manage the Asia-Pacific markets, excluding China and India, from its home office. South Korea's top carmaker aims...
Dec 01, 2021 (Gmt+09:00)
language -
Metaverse
Softbank joins $190 mn fundraising by Naver metaverse platform
Naver Corp.’s metaverse platform secured $190 million from Softbank and other investors to expand its business in a market marked by fierce co...
Dec 01, 2021 (Gmt+09:00)
Latest News
- 1 Hyundai, Waymo forge multi-year, strategic partnership for self-driving vehicles
- 2 AI startup MarqVision raises $16.5 mn to close Series A
- 3 Taihan Cable wins $630 mn power grid project in Singapore
- 4 Korean startup scene is gloomy, say 2 out of 5 startup CEOs
- 5 MBK ups stakes for Korea Zinc to match buyback offer