(Courtesy of Getty Images) South Korean venture capitalists are actively discovering attractive investment assets overseas to find a breakthrough amid a prolonged local VC drought.According to the Korea Venture Capital Association on Wednesday, Korean VCs invested a combined 456.2 billion won (
South Korea's SK Chemicals Co. announced on Tuesday a partnership with Estée Lauder, the leading global cosmetics brand, to integrate circular recycling solutions into the brand's cosmetic packaging. As part of the deal, SK Chemicals will provide Estée Lauder with its eco-centric
South Korea's SK Chemicals Co. announced on Thursday a virtual power purchase agreement (VPPA) with SK E&S to shift 10% of the electricity used at its Ulsan plant to solar energy, underscoring the firm's drive to adopt more sustainable power solutions.The deal would enable SK Chemicals to
(Courtesy of Getty Images) South Korean startups and venture capitalists battered by chilled investor sentiment amid rising interest rates and slowing economic growth at home are looking for money and business opportunities in Japan where investments in new industries has increased with governm
SK Chemicals' pharmaceutical production line SK Chemicals Co., a South Korean plastic materials producer, is in exclusive talks with Seoul-based Glenwood Private Equity to sell its pharmaceutical division for around 600 billion won ($450 million) by the end of this year, according to people wit
South Korea's SK Chemicals Co. announced on Tuesday that it has signed a memorandum of understanding (MOU) with Lovere, a leading recycling business brand under China's Shanghai Yuekun Environmental Protection Technology.The MOU focuses on the joint development of waste plastic collection and
South Korea's SK Chemicals announced on Tuesday that five of its recyclable materials, which are used for packaging in the cosmetic, food, and beverage industries, have received APR Critical Guidance Recognition (ACGR) from the Association of Plastic Recyclers (APR) in the U.S. The products r
(Courtesy of Getty Images) The drought in venture capital funding worsened in South Korea in the first half of this year, taking an especially heavy toll on platform and bio startups but manufacturing and content companies with profitable business models are expected to revitalize the VC ma
Aerial cityscape view of San Francisco and the Bay Bridge (Source: Getty Images Bank) Lotte Group, a South Korean retail-to-chemical conglomerate, is set to launch a corporate venture capital (CVC) business in Silicon Valley, the global center for most advanced technology and innovation, for in
San Francisco skyline aerial view at night (Source: Getty Images Bank) Silicon Valley was the favorite place for South Korean startups for their global business as more of them were established in other countries for the world market.The Korea Trade-Investment Promotion Agency (KOTRA) said on W
Simon Seojoon Kim, CEO of Hashed and partner at SoftBank Ventures Asia Blockchain-focused venture capital firm Hashed says it is determined to show how pervasive the digital ledger technology is in our society – through investments. Despite having what some considers a niche investme