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S.Korea's startup Bunker Kids raises $1.5 million in Series A funding

S.Korea's startup Bunker Kids raises $1.5 million in Series A funding

South Korea's tech start-up Bunker Kids announced on Tuesday that it raised 2 billion won ($1.5 million) through Series A investment from Korean ven...

EV charging service firm Scalardata attracts 3 bn won from GS Energy

EV charging  service firm Scalardata attracts 3 bn won from GS Energy

Scalardata, a South Korean start-up running an electric vehicle (EV) charging infrastructure integration platform "evmodu.kr," announced on Monday t...

S.Korean Proteina gets offers from global pharmaceutical companies

S.Korean Proteina gets offers from global pharmaceutical companies

Global pharmaceutical companies are expressing keen interest in the South Korean diagnostics company Proteina. Unlike companies that search for sp...

LG Uplus holds in-house hackathon to secure platform technology

LG Uplus holds in-house hackathon to secure platform technology

LG Uplus Corps. said on Sunday that it held a hackathon called "Hackstival" to compete for development skills of in-house software developers.The co...

New drug developer Onconic Therapeutics raises $20 mn in Series B

New drug developer Onconic Therapeutics raises  $20 mn in Series B

South Korean drug developer Onconic Therapeutics, announced on Friday that it raised 26 billion won ($19.9 million) in Series B funding, with cumula...

Boryung holds Care-in-Space Challenge in US for space healthcare startups

Boryung holds Care-in-Space Challenge in US for space healthcare startups

South Korea's pharmaceutical company Boryeong said on Friday that it held the first "Care-in-Space Challenge" event, a new space healthcare startup ...

Jobis&Villains selected as beneficiary of UK venture support program GEP

Jobis&Villains selected as beneficiary of UK venture  support program GEP

South Korea's Jobis & Villains Corp., which operates the tax return service "3o3," announced on Thursday that it has been officially registered ...

Art tech platform Tessa attracts strategic investment from Kyobo Securities

Art tech platform Tessa attracts strategic investment from Kyobo Securities

The art tech platform Tessa said on Thursday that it has succeeded in attracting strategic investment from Kyobo Securities Co. The amount of invest...

Korean hospitality startup Jienem enters Vietnam with local partners

Korean hospitality startup Jienem enters Vietnam with local partners

Guesthouse accommodation service provider Jienem is revving up to enter the Vietnamese market.The South Korean startup announced Wednesday that it s...

Korean restaurant startup GFFG raises $23 million in Series A round 

Korean restaurant startup GFFG raises $23 million in Series A round 

South Korean lifestyle hospitality startup Good Food For Good (GFFG) announced Monday that it raised 30 billion won ($23.2 million) in Series A roun...

Industrial Bank of Korea provides Silicon Valley-style financing for startups

Industrial Bank of Korea provides Silicon Valley-style financing for startups

Industrial Bank of Korea (IBK) on Friday launched the IBK Venture Loan, which provides bridge loans to promising startups struggling to borrow funds...

Cento Ventures: High ROI of Korean startups still uncommon knowledge 

Cento Ventures: High ROI of Korean startups still uncommon knowledge 

When it comes to the global startup ecosystem, South Korean cities, including the capital Seoul, often do not come to investors’ minds before ...

Vuno's AI-powered fundus reading solution approved for sale in Taiwan

Vuno's AI-powered fundus reading solution approved for sale in Taiwan

Vuno Inc., a South Korean artificial intelligence-powered medical solutions provider, said on Tuesday that Vuno Med-Fundus AI has received marketing...

Fintech co. Awake Corp. provides financial management tool to creators

Fintech co. Awake Corp. provides financial management tool to creators

South Korean fintech startup Awake Corporation won the hearts and wallets of judges at the D.Day X D.Camp event on Thursday, garnering 20 million wo...

Vietnam to get its first Korean-style industrial complex

Vietnam to get its first Korean-style industrial complex

A groundbreaking ceremony was held Friday for Vietnam's first Korean-style industrial complex, to be built in the country's northern Hung Yen Provin...

JW Pharmaceutical relocates US research center from Seattle to Boston

JW Pharmaceutical relocates US research center from Seattle to Boston

JW Pharmaceutical announced on Wednesday that it has relocated its US research center to Boston from San Diego. JW Theriac was first establishe...

KEB Hana secures 6% stake in Onmind, part of SK Square's porfolio

KEB Hana secures 6% stake in Onmind, part of SK Square's porfolio

SK Square Co. announced on Monday that Onmind Inc., one of its portfolio companies, raised 2 billion won ($1.5 million) from KEB Hana Bank. The...

D.Day X D.Camp All Star event aims to narrow gap between VC and startup

D.Day X D.Camp All Star event aims to narrow gap between VC and startup

Come this Thursday, D.Camp operated by the Banks Foundation for Young Entrepreneurs will host the biggest demo day of the year, in collaboration wit...

One of 4 Korean startups considers moving business abroad

One of 4 Korean startups considers moving business abroad

One out of four startups in South Korea is considering moving its business abroad in search of looser regulation. In a survey of 256 startups b...

Deeping Source turns visual data into info that drives business decisions

Deeping Source turns visual data into info that drives business decisions

Deeping Source Inc., an artificial intelligence (AI) analytics startup, turns real-life visual data into insight that can drive business decisions.&...

Seoul more expensive than Tokyo for expats due to high real estate costs

Seoul more expensive than Tokyo for expats due to high real estate costs

TOKYO — The monthly rent of a commercial building in Seoul has surpassed that of Tokyo for the first time.The rent for an office building in t...

Vertu, Motorola, Xiaomi eye Korean smartphone market as LG exits

Vertu, Motorola, Xiaomi eye Korean smartphone market as LG exits

South Korea’s smartphone market is notoriously hard for foreign mobile phone makers to crack. So hard that some people call it the “grav...

Korean startup CEOs’ ethical scandals emerge as major risk factor

Korean startup CEOs’ ethical scandals emerge as major risk factor

Several South Korean startups have recently been hit hard by their CEOs’ unethical behavior and business-related misconduct, leading to a lo...

Mobility startup Poen takes first place at Geeks Show Up event in Jeju

Mobility startup Poen takes first place at Geeks Show Up event in Jeju

South Korea’s mobility startup Poen secured first place at the first-ever Geeks Show Up on Nov. 17, a demo day hosted by The Korea Economic Da...

Data startup BankSalad begins monetizing free genetic testing

Data startup BankSalad begins monetizing free genetic testing

BankSalad Co., once known as a fintech company that develops banking apps, added a new vertical last year that has witnessed robust demand. The...

Korean startup Perigee aspires to become Asia's SpaceX, MOU with PhilSA

Korean startup Perigee aspires to become Asia's SpaceX, MOU with PhilSA

Daejeon-based Perigee Aerospace Inc. has taken a number of steps with the aim of becoming the next Space Exploration Technologies Corp. (SpaceX), th...

Promising K-startups to present B2B transition strategies at Geeks Show Up

Promising K-startups to present B2B transition strategies at Geeks Show Up

Come this Thursday, 10 select startups will duke it to prove their business-to-business (B2B) model has the best chance of success. The start...

LG Elec to bet on healthcare, mobility, metaverse in N.America

LG Elec to bet on healthcare, mobility, metaverse in N.America

LG Electronics Inc., the global top home appliance maker, will bet on the healthcare, mobility and metaverse sectors in North America through invest...

Delivery startup VtoV raises $7.2 million from Series A round 

Delivery startup VtoV raises $7.2 million from Series A round 

South Korean logistics startup VtoV, the operator of optimized delivery service To-Day, raised 9.5 billion won ($7.2 million) from a Series A round....

Intake bets on alternative meat, zero-calorie drinks for future of food tech

Intake bets on alternative meat, zero-calorie drinks for future of food tech

South Korean food tech startup Intake Corp. sells a wide range of meat alternatives, such as plant-based egg substitutes and vegan burger patties.&n...

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

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