Maru SF to open in Silicon Valley in November as Korean startup gateway
Maru SF, a startup campus and networking hub operated by the Asan Nanum Foundation, will open in Silicon Valley this November, marking the organizati...
Saudi Crown Prince bin Salman courts Korean AI startups as Riyadh, Abu Dhabi vie to build tech hubs
Back in the 1960s and 1970s, the Middle East was a land of opportunity for many South Korean construction workers, who labored there under the scorch...
Goodai Global poised to build L'Oréal-style empire via M&As
Goodai Global Inc. is seeking to acquire South Korea’s first-generation independent cosmetics brand Skinfood for about 150 billion won ($108 mi...
South Korea’s startup M&A winter deepens capital bottleneck
South Korea’s startup M&A winter has deepened as once major investors like conglomerates are prioritizing restructuring over expansion, cho...
S.Korea’s Naver to launch Silicon Valley venture arm in aggressive AI push
Naver Corp., South Korea’s top internet portal operator, plans to set up a dedicated venture capital arm in Silicon Valley in a move seen as a ...
Luxury fashion platform Balaan files for court receivership amid slump
South Korea’s top luxury goods e-commerce platform Balaan Co. said on Monday it has filed for corporate rehabilitation with a Seoul court as th...
Korea’s beauty wholesaler to invest $10 mn in fashion platform Balaan
South Korea’s cosmetics wholesaler Silicon2 Co. is set to invest $10 million in financially troubled luxury fashion e-commerce platform operato...
Hyundai Motor spins off 4 in-house startups in energy, AI, mobility
South Korea’s auto behemoth Hyundai Motor Group has spun off its four in-house startups with innovative technologies in mobility, automation an...
South Korea loses tech startups at rapid clip amid dwindling funding
Concerns are growing that the tech startup ecosystem in South Korea, home to global tech household name Samsung Electronics Co., would be trapped in ...
Funding to Korean tech startups at 7-year low; seed funding soars
New funding to South Korean tech startups dropped to its lowest level in seven years in 2024. But seed funding soared 142% led by semiconductor, heal...
AI agent Gentoo poised to revolutionize online shopping
South Korean artificial intelligence startup Waddle Corp. is gearing up to reshape the online retail industry with artificial intelligence-powered in...
Partners Investment, GordonMD eye $150 mn biotech fund launch
South Korean venture capital firm Partners Investment said on Thursday it will raise up to 215.5 billion won ($150 million) in a biotech fund jointly...
Allsale, K-beauty's leading ambassador to the US
Allsale Corporation, a South Korean startup operating an influencer marketing platform, is in talks with investors to further support Korean cosmetic...
Neubility, Samsung C&T offer robot delivery service
South Korea's autonomous robot startup Neubility and Samsung C&T Corp. said on Wednesday that they began to offer door-to-door delivery in apart...
Naver D2SF invests in N.American AI startup
South Korea's online giant Naver Corp.'s startup nurturing organization D2SF (D2 Startup Factory) invested in North American AI ad tech startup Rembr...
DOR sets sights on TikTok-like virtual world for gamers
South Korean startup DOR Corporation has thrown down the gauntlet to Discord, a popular global social platform for gamers, with its TikTok-like socia...
Korea's No. 1 fitness app Planfit eyes bigger market beyond home in 2025
A new year has arrived, and with it come the New Year’s resolutions. However, if you are one of those who feel you've already failed to keep yo...
Hyundai Motor to introduce 10 startups in robotics, AI at CES 2025
Hyundai Motor Group, which has been promoting open innovation through generous investment in startups with promising technologies, will lead 10 cherr...
Imagoworks raises $15.6 mn in Series C funding
Imagoworks, South Korea's AI-based digital dental service startup, said on Tuesday it raised 23 billion won ($15.6 million) in Series C funding.Found...
Rosy outlook for South Korean fintech IPOs in 2025
The South Korean fintech industry, which bloomed a decade ago, is poised to take the next step for the coming 10 years after prominent players began ...
Fleetune continues evolving for smarter route optimization
Fleetune Inc., a South Korean transportation management service (TMS) platform-developing startup, is gearing up for a big leap next year with relent...
Korean startup M&As halve in 2024 with smaller deals
Mergers and acquisitions of South Korean startups halved in value in 2024 as conglomerates and Big Tech firms such as Naver Corp. and Kakao Corp. sna...
Catchtable to offer restaurant reservation service in Japan
Wad Corp., the developer and operator of South Korea’s most popular restaurant reservation app Catchtable, launched the beta service for offer...
Yanolja launches NOL Universe after merging OTA platforms
SoftBank-backed Yanolja Co., South Korea’s top travel and accommodation booking platform operator, on Friday introduced a new platform called N...
TALOS dives deeper into brain aneurysm icebergs
A single neurosurgeon dedicates his or her entire professional career to performing surgeries on an average of fewer than 10,000 patients with brain...
S.Korea's dawn delivery pioneer Kurly sells luxury goods to uplift profit
Kurly Inc., South Korea's dawn delivery service market pioneer, has invited a third-party online retailer to sell luxury goods on its platform to boo...
CLO Virtual Fashion raises $35 mn
South Korea's 3D digital fashion solution startup CLO Virtual Fashion said on Monday it raised 50 billion won ($35 million).Atinum Investment Co. and...
SK Telecom invests $3 mn in AI-powered video analysis startup Twelve Labs
South Korea’s top mobile carrier SK Telecom Co. said on Friday it will invest $3 million in Twelve Labs Inc., a Korean AI-powered video analysi...
Language learning app Speakeasy joins ranks of unicorn startups
Speakeasy Labs Inc., a South Korea-focused language learning app operator, has joined the ranks of unicorn startups after raising $78 million at a va...
Asan Nanum to offer Silicon Valley residence to Korean startups
The Asan Nanum Foundation, a South Korean startup accelerator program operator, said on Thursday it will open a residency space for Korean venture fi...
