autonomous driving startup
Scope
Date
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Future mobility
Hyundai, Kia to launch Level 3 self-driving Genesis G90, EV9 in 2023
South Korea’s Hyundai Motor Group will launch its most-advanced Level 3 autonomous cars next year, starting with Hyundai Motor Co.'s flagship ...
Jul 15, 2022 (Gmt+09:00)
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Korean startups
South Korea’s alternative meat startups get VCs salivating
In South Korea, the list of early stage startups that garnered more than 5 billion won ($3.8 million) in the last 12 months looks slightly different...
Jul 14, 2022 (Gmt+09:00)
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Fiber & Textile
The North Face supplier Youngone to bet on global outdoor startups
South Korea’s Youngone Holdings Co. is set to accelerate its new business by establishing a corporate venture capital (CVC) firm in Singapor...
Jul 14, 2022 (Gmt+09:00)
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Korean games
Korean gaming entrepreneur Kim Jae-young joins billionaire ranks
Kim Jae-young, founder and chief executive of Lionheart Studio Corp., the company behind South Korea’s most popular mobile game Odin, has join...
Jul 14, 2022 (Gmt+09:00)
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Korean startups
South Korean startups team up with convenience stores for drone delivery
South Korean convenient stores are ramping up competition in the business of drone delivery. The initial target regions include the Seoul subur...
Jul 13, 2022 (Gmt+09:00)
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Korean startups
Dunamu to nurture 500 Korean startups to create jobs
Dunamu, the operator of South Kora’s largest cryptocurrency exchange Upbit, has launched two programs to support 500 startups over the next fi...
Jul 12, 2022 (Gmt+09:00)
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Advertising & Marketing
Adtech unicorn Moloco eyes global expansion with former Disney exec
Moloco Inc., an AI-powered advertising solutions startup, is set to accelerate its global business with a new executive hire from The Walt Disney Co...
Jul 12, 2022 (Gmt+09:00)
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Upcoming IPOs
South Korea’s unicorn startups, including Viva Republica, delay IPOs
South Korean startups that exceed $1 billion in valuations, known as unicorns, are pushing back their initial public offering (IPO) dates.The move c...
Jul 11, 2022 (Gmt+09:00)
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Korean startups
Korean startups turn to restructuring amid liquidity concerns
Hit by shrinking liquidity around the globe, startups in South Korea are coming up with different ways to cut costs, most notably in human resources...
Jul 11, 2022 (Gmt+09:00)
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Korean games
Kakao-invested game developer Shiftup becomes unicorn startup
Shiftup Co., a South Korean mobile game developer, has joined the ranks of unicorns, or private companies worth $1 billion or more.The studio behind...
Jul 10, 2022 (Gmt+09:00)
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Korean games
Blockchain game developer Planetarium Labs raises $32 mn
Planetarium Labs raised $32 million in a Series A funding round, led by Animoca Brands, and joined by Samsung Next, WeMade, and Krust Universe.The s...
Jul 08, 2022 (Gmt+09:00)
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Korean startups
KT injects $23 mn into fabless startup Rebellions
South Korean fabless startup Rebellions Inc. received a 30 billion won ($23 million) extension to its Series A funding from telecom giant KT Corp.KT...
Jul 06, 2022 (Gmt+09:00)
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Steel
POSCO sees battery materials sales double by 2030
South Korea’s POSCO Holdings Inc. expects sales of its rechargeable battery materials to more than double to 41 trillion won ($31 billion) by ...
Jul 06, 2022 (Gmt+09:00)
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Korean startups
Danble taps into overlooked market of men's fashion for older millennials
Danble, operated by Tailor Town, is an online fashion platform serving the often-overlooked market of men’s fashion for those in their 30s and...
Jul 01, 2022 (Gmt+09:00)
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IPOs
Korea’s Socar gets pushback for high valuation ahead of IPO
South Korea’s mobility unicorn Socar Inc. faces controversy over its valuation after the car-sharing startup set the price guidance for its in...
Jun 30, 2022 (Gmt+09:00)
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Tech, Media & Telecom
KT, Swift Navigation team up for ultra-precision location service
KT Corp., a major South Korean telecommunications company, has partnered with Swift Navigation Co., a San Francisco-based technology firm, to commer...
Jun 30, 2022 (Gmt+09:00)
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Korean startups
Korean startups rely on word-of-mouth marketing for overseas penetration
Thanks to what some economists dub a borderless economy, more South Korean startups than ever before are looking beyond the peninsula. Seoul-ba...
Jun 29, 2022 (Gmt+09:00)
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Travel & Leisure
Moon boats light up the birthplace of Korean Confucianism
Riding a crescent moon-shaped boat that changes colors is a must-do experience in the small South Korean city of Andong, 190 km southeast of Seoul.T...
Jun 29, 2022 (Gmt+09:00)
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Future mobility
Hyundai’s US partner Aptiv invests in self-driving startup StradVision
Aptiv PLC, one of the world’s big three autonomous driving technology companies, has agreed to invest 50 billion won ($39 million) in StradVis...
Jun 29, 2022 (Gmt+09:00)
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Future mobility
SK Telecom expands system for self-driving in Seoul
SK Telecom Co., South Korea’s top mobile carrier, has expanded the area covered by the traffic control system for self-driving in Seoul, takin...
Jun 28, 2022 (Gmt+09:00)
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Korean startups
Translink: Startup fundraising barely affected by economic downturn
Venture capital, or the business of investing in innovative private companies with growth potential, is a local endeavor most of the time.While this...
Jun 26, 2022 (Gmt+09:00)
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Future mobility
LG, Kakao Mobility to roll out autonomous delivery robot service
LG Electronics Inc. and Kakao Mobility Corp. have agreed to form a future mobility technology partnership with an aim to jointly launch an autonomou...
Jun 22, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Carve-out, bolt-on key themes driving M&As: BDA Partners
Amid escalating market uncertainties, M&As are not just a growth tactic but survival tools for businesses, Euan Rellie, co-founder and managing ...
Jun 22, 2022 (Gmt+09:00)
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Culture & Trends
Golf simulation centers' revenue soars 48% on-year
Even amid the COVID-19 pandemic, sectors serving golf enthusiasts have thrived in South Korea.Financial services company BC Card analyzed the sales ...
Jun 21, 2022 (Gmt+09:00)
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Venture capital
Temasek VC unit CEO sees recent downturn as investment opportunity
Vertex Venture Holdings, a venture capital unit of Singapore state investor Temasek Holdings, expects the recent global downturn to offer investment...
Jun 19, 2022 (Gmt+09:00)
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Korean startups
Why India’s top talent chose S.Korea for launch of edutech startup
TagHive Inc. is an education technology startup building a bridge between South Korea and India. The company’s founder and CEO Pankaj Aga...
Jun 17, 2022 (Gmt+09:00)
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Automobiles
LG Uplus’ Uplus Drive to be installed in Lexus New Generation NX series
The in-vehicle infotainment (IVI) system by LG Uplus will be equipped in the new line of vehicles by Toyota Motor Corp. and its luxury division Lexu...
Jun 16, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Korea webtoon startup Kenaz acquired by hedge fund
South Korea’s leading webtoon production startup Kenaz was taken over by a domestic hedge fund as it aims to reduce dependence on major platfo...
Jun 15, 2022 (Gmt+09:00)
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IPOs
LB Investment submits preliminary IPO assessment request to KRX
LB Investment has submitted a preliminary assessment request to the Korea Stock Exchange, the first step to an initial public offering. It chose Mir...
Jun 14, 2022 (Gmt+09:00)
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Aerospace & Defense
KAI, Lockheed to join forces for US megaproject
Korea Aerospace Industries Ltd. (KAI), South Korea’s aerospace manufacturer, has agreed to join forces with Lockheed Martin Corp. to enter the...
Jun 13, 2022 (Gmt+09:00)
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