startup funding
Scope
Date
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Korean startups
South Korea’s biggest startup event ComeUp 2022 kicks off in Seoul
South Korea’s largest startup event ComeUp kicked off on Wednesday at the Dongdaemun Design Plaza (DDP). The annual event, which celebrat...
Nov 09, 2022 (Gmt+09:00)
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Korean startups
Shinhan Future's Lab opens startup accelerator in Japan
South Korea's Shinhan Financial Group said on Monday it held a ceremony Friday to launch Shinhan Future's Lab Japan in Tokyo.The business accelerati...
Nov 07, 2022 (Gmt+09:00)
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Korean startups
SK Chair Chey advises startups to address social issues for viability
In an event that marked the 10-year anniversary of startup accelerator SparkLabs, South Korean business magnate Chey Tae-won said now is the time fo...
Nov 04, 2022 (Gmt+09:00)
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Korean startups
LG Electronics, 6 stellar startups to jointly develop B2B growth engines
LG Electronics will team up with promising startups to discover and develop new growth engines for business-to-business (B2B) operations. LG Electro...
Nov 03, 2022 (Gmt+09:00)
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Korean stock market
S.Korea prepares to launch $7.6 bn stock market stabilization fund
South Korea last week completed the process needed to launch a stock market stabilization fund of 10.76 trillion won ($7.6 billion). The timing for ...
Nov 02, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Korea's Meritz Group likely to sell off its asset management arm
South Korea’s Meritz Financial Group Inc. is poised to sell off its subsidiary Meritz Asset Management Co., The Korea Economic Daily understoo...
Nov 01, 2022 (Gmt+09:00)
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Korean startups
H Robotics enters the UAE market with rehabilitation robot Rebless
South Korean startup H Robotics will enter the Middle East with the rehabilitation robot Rebless, an FDA-registered robotic therapy device for both ...
Nov 01, 2022 (Gmt+09:00)
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Bio & Pharma
Korea’s Peak Bio makes Nasdaq debut via SPAC deal with Ignyte
Peak Bio Co., a South Korean biopharmaceutical company, is debuting on the Nasdaq through a merger with US blank cheque company Ignyte Acquisition C...
Oct 28, 2022 (Gmt+09:00)
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ASK 2022
KIC sees secondary and deep value investments as attractive
Korea Investment Corporation (KIC) is eyeing secondary and deep value strategies, the sovereign wealth fund’s Senior Director of Private Equit...
Oct 27, 2022 (Gmt+09:00)
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ASK 2022
NPS considers new investment in global real estate
South Korea’s National Pension Service (NPS) is open to new investments in overseas real estate, the pension fund’s American real estate...
Oct 26, 2022 (Gmt+09:00)
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Electric vehicles
Korean EV charging startup to launch business in Indonesia
South Korea’s electric vehicle charging platform startup is set to make inroads into Indonesia, a prospective EV market with the world’s...
Oct 26, 2022 (Gmt+09:00)
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ASK 2022
KIC to focus on tech ventures, private debt, infrastructure
Korea Investment Corporation (KIC) will continue to look for opportunities in private debt and venture capital investment with mid- to long-term gro...
Oct 26, 2022 (Gmt+09:00)
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Korean startups
DRIMAES to produce cloud-based car control platform with Qualcomm
Daegu-based startup DRIMAES is poised to develop and mass produce a cloud-based vehicle control platform using San Diego-based semiconductor giant Q...
Oct 21, 2022 (Gmt+09:00)
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Foreign exchange
NPS emerges as savior of Korea’s ailing won currency
The South Korean state-run National Pension Service (NPS) has been spotted selling dollars for won, supporting the ailing local unit, as the world&r...
Oct 20, 2022 (Gmt+09:00)
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E-commerce
Korea's luxury e-commerce platform Balaan completes Series C
South Korean luxury e-commerce platform operator Balaan Co. will complete the attraction of 25 billion won ($17.3 million) in investment in a Series...
Oct 16, 2022 (Gmt+09:00)
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Korean startups
Lab-grown fish, smart pillow: LG’s choices for future
Startups making lab-cultured seafood, smart pillows and others showcased their innovative products at an exhibition hosted by LG Group, South Korea&...
Oct 14, 2022 (Gmt+09:00)
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Korean startups
Despite liquidity crunch, 5 verticals rake in venture capital investment
The global venture capital ecosystem has been contracting since the second quarter of last year, hit by rising inflation and rate hikes. New ...
Oct 13, 2022 (Gmt+09:00)
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Artificial intelligence
AI-powered translation startups tackle niche marketplaces
Artificial intelligence (AI)-driven translation has been dominated by big tech.Alphabet Inc.’s Google LLC is the global leader while Naver Cor...
Oct 11, 2022 (Gmt+09:00)
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Private equity
Hahn & Co. to sell off Korea's major biofuel maker SK Eco Prime
South Korean private equity firm Hahn & Company is set to put a 100% stake in biofuel manufacturer SK Eco Prime on sale, with Goldman Sachs as a...
Oct 07, 2022 (Gmt+09:00)
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Korean stock market
Korea to complete process for stock market fund in mid-Oct
South Korea is set to complete the process for a stock market stabilization fund of 10 trillion won ($7 billion) by the middle of this month, to be ...
Oct 04, 2022 (Gmt+09:00)
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Cloud computing
Naver Cloud seeks win-win strategy with K-startups in overseas market
NEW YORK – The chief executive officer of Naver Cloud Park Won-ki said that if South Korean startups using the company’s cloud services ...
Oct 04, 2022 (Gmt+09:00)
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Markets
S.Korea to take measures to support stock, bond markets
South Korea is set to take measures to stabilize local stock and bond markets hit by global interest rate hikes amid growing risks of a worldwide ec...
Sep 28, 2022 (Gmt+09:00)
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Markets
Kospi hits two-year low; regulators mull short-selling ban
South Korea's stock market tumbled to its lowest level in more than two years on Wednesday, as fears of a slowing global economy and rising inflatio...
Sep 28, 2022 (Gmt+09:00)
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Future mobility
Hyundai Mobis hosts future mobility startups in Silicon Valley
South Korea’s Hyundai Mobis Co. will host a future mobility conference, dubbed Mobis Mobility Day, with around 80 experts from mobility startu...
Sep 27, 2022 (Gmt+09:00)
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Economy
Tanking won deteriorates Korea’s dollar funding conditions
A nosediving South Korean won deteriorated local corporate dollar funding conditions with the cost of insuring the country’s sovereign debt ag...
Sep 26, 2022 (Gmt+09:00)
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Automobiles
Self-driving startup 42dot unveils driverless shuttle
South Korea's autonomous transportation startup 42dot, owned by Hyundai Motor Group, on Monday unveiled a driverless electric shuttle installed with...
Sep 26, 2022 (Gmt+09:00)
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Foreign exchange
Korea FX authorities, NPS agree on currency swap; won flat
South Korea’s foreign exchange authorities and the state-run National Pension Service (NPS) agreed to open a currency swap line for the first ...
Sep 23, 2022 (Gmt+09:00)
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Aerospace & Defense
ETRI bolsters semiconductor technologies for use in aerospace defense
Daejeon-based Electronics and Telecommunications Research Institute (ETRI) is poised to further the development of semiconductor technologies for us...
Sep 23, 2022 (Gmt+09:00)
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Construction
Bosung attracts $2 bn investment from TGK for Korea's largest data center
South Korea’s Bosung Group has attracted $2 billion from TGK Inc., a US infrastructure company, for its planned construction of Korea’s ...
Sep 23, 2022 (Gmt+09:00)
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Venture capital
Korean VCs look for next Grab, Gojek startups in Singapore
South Korea’s leading venture capital companies with at least 1 trillion won ($711 million) in assets under management are looking for promisi...
Sep 22, 2022 (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