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E-book platform Millie's Library drops IPO plan on tepid market interest

E-book platform Millie's Library drops IPO plan on tepid market interest

South Korean e-book platform Millie’s Library dropped its listing plan on Nov. 8 due to tepid demand from institutional investors, marking the...

South Korea’s biggest startup event ComeUp 2022 kicks off in Seoul 

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...

Shinhan Future's Lab opens startup accelerator in Japan

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...

SK Chair Chey advises startups to address social issues for viability

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...

LG Electronics, 6 stellar startups to jointly develop B2B growth engines

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...

H Robotics enters the UAE market with rehabilitation robot Rebless

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 ...

Korea’s Peak Bio makes Nasdaq debut via SPAC deal with Ignyte

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...

Korean EV charging startup to launch business in Indonesia

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...

Lab-grown fish, smart pillow: LG’s choices for future

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&...

Despite liquidity crunch, 5 verticals rake in venture capital investment

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 ...

AI-powered translation startups tackle niche marketplaces

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...

LG Energy to launch battery swapping services

LG Energy to launch battery swapping services

LG Energy Solution Ltd., a South Korean rechargeable battery maker, has launched two in-house ventures to enter the battery swapping and energy aggr...

Naver Cloud seeks win-win strategy with K-startups in overseas market

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 ...

Tiger Alternative, Ocean West sell 7 warehouses in US for $1 bn

Tiger Alternative, Ocean West sell 7 warehouses in US for $1 bn

A consortium led by South Korea’s Tiger Alternative Investors Co. and Los Angeles-based real estate firm Ocean West Capital Partners sold seve...

Hyundai Mobis hosts future mobility startups in Silicon Valley

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...

Self-driving startup 42dot unveils driverless shuttle

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...

Gaonchips rally on market talk of Samsung's investment in ARM

Gaonchips rally on market talk of Samsung's investment in ARM

Shares in South Korea’s semiconductor chip design house Gaonchips Co. extended their rally for a second day on Friday on growing market talk t...

Korean VCs look for next Grab, Gojek startups in Singapore

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...

S.Korea's fund of funds to form new fund worth $215 mn with VCs in the US

S.Korea's fund of funds to form new fund worth $215 mn with VCs in the US

NEW YORK – The South Korean government is poised to tap into its fund of funds to form a joint investment fund with venture capital firms in t...

Startup minister vows to support Korean firms' entry into overseas markets

Startup minister vows to support Korean firms' entry into overseas markets

South Korea’s startup minister Lee Young vowed to support the country’s startup ecosystem on Sunday, during her tour to the United State...

Growing Korean corporate VCs provide silver lining to startups

Growing Korean corporate VCs provide silver lining to startups

South Korean companies are rushing to set up their own venture capital units, so-called corporate venture capital firms, to seek new growth engines ...

CJ OliveNetworks to expand fandom platform services

CJ OliveNetworks to expand fandom platform services

CJ OliveNetworks Co., a South Korean digital software developer, has joined hands with bemyfriends, a startup specializing in the global K-pop fando...

Business magnates' startup investment fraternity V-Society going strong

Business magnates' startup investment fraternity V-Society going strong

Back in August 2000, a fraternity of domestic business magnates’ children and startup entrepreneurs named V-Society was founded. The frat...

South Korean government slashes fund of funds budget by 40% on-year

South Korean government slashes fund of funds budget by 40% on-year

The South Korean government is facing a backlash from the startup and venture capital sectors after slashing next year’s fund of funds budget....

Startup accelerator D.Camp marks 100th demo day

Startup accelerator D.Camp marks 100th demo day

Startup accelerator D.Camp’s demo day event dubbed D.Day celebrated its 100th event on Thursday. The first D.Day event was held in June 2...

SoftBank-backed Tridge becomes South Korea’s first agriculture unicorn 

SoftBank-backed Tridge becomes South Korea’s first agriculture unicorn 

South Korea’s agriculture and food trading platform Tridge Co. announced Thursday that it raised 50 billion won ($37.4 million) from DS Asset ...

Hyundai Motor Group to invest in fabless startup BOS Semiconductors 

Hyundai Motor Group to invest in fabless startup BOS Semiconductors 

Hyundai Motor Group announced on Wednesday that it will invest in Seongnam-based fabless startup BOS Semiconductors, which designs system-on-chip (S...

Conversation at Panmure House

Conversation at Panmure House

I recently was asked by Patrick Schotanus of Edinburgh Business School to participate in their inaugural symposium on the subject of cognitive e...

Risks of restructuring rise in Korean platform sector

Risks of restructuring rise in Korean platform sector

South Korean platform operators are feeling cornered following rapid expansion during COVID-19 as growing risks of a global economic recession and r...

Silicon Valley-based AI startup Allganize revs up to go public in Japan 

Silicon Valley-based AI startup Allganize revs up to go public in Japan 

Allganize Inc., a Silicon Valley-based artificial intelligence (AI) startup, recently announced the company will relocate some of its headquarters f...

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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