Scope

Date

~

TIMWORK lifts trophy at March D.Camp startup pitch competition

TIMWORK lifts trophy at March D.Camp startup pitch competition

TIMWORK Inc., a South Korean digital construction plan management software developer, won first prize at D.Camp’s March startup pitch competit...

Korean kitchen automation startups' US advance gains traction

Korean kitchen automation startups' US advance gains traction

South Korean kitchen automation system developers are eyeing the US as their next key market as demand for automated restaurant operating systems in...

S.Korea invests $763.4 mn in strategic tech IP like aerospace, robotics

S.Korea invests $763.4 mn in strategic tech IP like aerospace, robotics

The South Korean government will inject this year budget of 1 trillion won ($763.4 million) in intellectual property (IP)-related projects.The Presi...

KB Financial launches $193 million fund to invest in global startups

KB Financial launches $193 million fund to invest in global startups

South Korea’s second-largest financial institution KB Financial Group will launch a 250 billion won ($193 million) fund to invest in startups ...

Korean startup investments rapidly dry up in wake of SVB debacle 

Korean startup investments rapidly dry up in wake of SVB debacle 

The shock from the collapse of American startups’ main financing artery Silicon Valley Bank (SVB) has been deeply felt in the South Korean sta...

S.Korean startup DeepBrain AI unveils 3D virtual human B2B technology

S.Korean startup DeepBrain AI unveils 3D virtual human B2B technology

South Korean AI startup DeepBrain AI has unveiled a 3D virtual human B2B technology that can engage in real-time conversations, display emotional ex...

Saudi Arabia emerges as land of opportunity to Korean startups

Saudi Arabia emerges as land of opportunity to Korean startups

South Korean startups rush to the Kingdom of Saudi Arabia, where the government is keen to nurture startups with innovative and disruptive ideas and...

AI tech firm Interminds to attract up to $12 mn in Series C

AI tech firm Interminds to attract up to $12 mn in Series C

South Korean startup Interminds Co., an AI developer of unmanned convenience store operations, aims to attract 10 billion won to 15 billion won ($7....

S.Korean robot startup aims to ramp up supply by 9 times

S.Korean robot startup aims to ramp up supply by 9 times

A South Korean autonomous-driving robot startup Neubility aims to increase supply by almost nine times this year as demand for such machines in the ...

EV fast-charging company Crocus succeeds in $5 mn Series B funding

EV fast-charging company Crocus succeeds in $5 mn Series B funding

Crocus Inc., a South Korean startup focused on energy infrastructure and leveraging artificial intelligence (AI), announced on Wednesday that it rai...

Kakao Mobility buys UK ride-hailing startup Splyt for global biz

Kakao Mobility buys UK ride-hailing startup Splyt for global biz

South Korea’s Kakao Mobility Corp. said on Wednesday it has acquired the British ride-hailing startup Splyt, marking the first overseas takeov...

Samsung Electronics’ new C-Lab Outside center opens in Gwangju

Samsung Electronics’ new C-Lab Outside center opens in Gwangju

Samsung Electronics Co. on Monday opened its second regional C-Lab Outside center in Gwangju about a month after opening the first regional startup ...

Startup Innospace launches Korea’s first private projectile

Startup Innospace launches Korea’s first private projectile

South Korean space startup Innospace said on Monday it has launched a suborbital test projectile, the country’s first private launch vehicle, ...

S.Korean startup Jobis&Villains expands to UK with tax return service

S.Korean startup Jobis&Villains expands to UK with tax return service

Jobis&Villains Corp., a South Korean startup that offers a tax return service called “3o3,” said on Friday that it had set up a loca...

Upstage’s AskUp offers Korea’s first GPT-4-powered chatbot service

Upstage’s AskUp offers Korea’s first GPT-4-powered chatbot service

Upstage, a South Korean AI tech startup, has unveiled a new version of its generative AI chatbot powered by GPT-4, to become the first to offer Open...

Sales of state-sponsored Korean startups up 40% in 2022

Sales of state-sponsored Korean startups up 40% in 2022

South Korean startups sponsored by the government’s information and communication technology acceleration program, dubbed K-Global Project, sa...

Naver D2SF invests in 3D avatar-based communication startup

Naver D2SF invests in 3D avatar-based communication startup

Naver's startup-nurturing organization, D2 Startup Factory (D2SF), announced on Wednesday its investment in Goodgang Labs, a company focused on de...

TravelWallet succeeds in attracting $15 mn Series C funding

TravelWallet succeeds in attracting $15 mn Series C funding

South Korea's TravelWallet, a global payment service provider, announced on Wednesday that it has raised 19.7 billion won ($15 million) in Series C ...

Hansol Paper develops eco-friendly packaging with Samsung Welstory

Hansol Paper develops eco-friendly packaging with Samsung Welstory

Hansol Paper Co., South Korea's largest general paper company, on Wednesday said it signed a business agreement with Samsung Welstory, a food and be...

Samsung, Arm partner Gaonchips eyes US as next offshore base

Samsung, Arm partner Gaonchips eyes US as next offshore base

Gaonchips Co., a long-term Samsung Electronics Co’s chip design house partner that also works with British fabless chip company Arm Inc., will...

HD Hyundai opens free in-house daycare center for up to 300 children

HD Hyundai opens free in-house daycare center for up to 300 children

HD Hyundai Co., the owner of South Korea’s biggest shipbuilding group, opened an in-house daycare center at its new headquarters building in K...

Hyundai Motor spins off 4 in-house startups in mobility, AI, data

Hyundai Motor spins off 4 in-house startups in mobility, AI, data

Hyundai Motor Group has spun off four new in-house startups, including MOBINN with autonomous driving technology and APLAYS with AI-powered music cu...

S.Korea's builders diversify biz portfolios to waste battery, other sectors

S.Korea's builders diversify biz portfolios to waste battery, other sectors

South Korea's construction companies are exploring other sectors to find new growth engines amid deteriorating profitability in the housing industry...

Korea's AI startup Quantit attracts $23 mn Series A investment

Korea's AI startup Quantit attracts $23 mn  Series A investment

South Korea's artificial intelligence (AI) company Vaiv Company Inc. announced on Tuesday that Quantit, its fintech subsidiary, has received a 30 bi...

Hankook & Co. buys autonomous driving tech startup 3Secondz

Hankook & Co. buys autonomous driving tech startup 3Secondz

Hankook & Company Co., a South Korean holding company that owns tire and mobility businesses, said on Tuesday that it has acquired the autonomou...

Jeju Air teams up with startup Plana to explore urban air mobility

Jeju Air teams up with startup Plana to explore urban air mobility

Jeju Air Co., South Korea’s largest budget airline, said on Monday that it signed a memorandum of understanding with Plana, a domestic startup...

Mirae Asset, music profit-sharing startup take on security token offerings

Mirae Asset, music profit-sharing startup take on security token offerings

South Korea's Fingo Company, which runs the music revenue sharing platform Fingo, on Friday said it signed a memorandum of understanding (MOU) with ...

SK Incheon Petrochemical invests in domestic recycling waste tire startup

SK Incheon Petrochemical invests in domestic recycling waste tire startup

SK Incheon Petrochemical, a subsidiary of South Korea’s SK Innovation Co., on Sunday said it made an equity investment in the eco-friendly sta...

KT&G’s hidden saviors in activist fight: In-house funds

KT&G’s hidden saviors in activist fight: In-house funds

KT&G Corp., the world’s fifth-largest tobacco maker, will likely get support from in-house shareholders in a battle against activist funds...

Korea's ST Pharm completes new R&D hub for gene therapy

Korea's ST Pharm completes new R&D hub for gene therapy

ST Pharm Co., a South Korean drug raw material-producing subsidiary of Dong-A Socio Holdings, said on Friday that it has finished building an R&...

Is chip winter over? Doomsayers gone as Korea’s DRAM exports surge S.Korea to have 1st civilian defense minister in decades, tap career technocrats Fubon Bank expands Korea presence into banking Hana Asset launches ultra-low-fee Nasdaq 100 ETF Even barcodes copied: Counterfeits invasion threatens K-brands

Draper Startup House

 Search results