KDB next round fintech fund

Logistics IT platform service Barogo has successfully wrapped up an 80 billion won ($72 million) Series C round, far above the company's initial tar...

The National Pension Service has committed $100 million to a TPG consortium that recently raised $116.8 million to invest in Kakao Mobility Co., Sou...

The Korea Venture Investment Corp. (KVIC), a quasi-government agency established to support South Korean startups and venture capital industry, has ...

The Korea Development Bank (KDB) has decided to invest 80 billion won ($72 million) in the fintech startup Toss via a rights offering. This marks th...

A private debt fund managed by Madison Capital Funding, a US middle-market lender, has received a combined $460 million in commitments from seven So...

The valuation of Kurly Inc. has now surpassed 2 trillion won ($1.8 billion).  The operator of South Korea’s online grocery and gourmet fo...

As SM Entertainment Co., the label behind the global K-pop phenomenon, is up for grabs in the M&A market, the battle heats up between the countr...

South Korea-based artificial intelligence startup FuriosaAI has recently wrapped up an 80 billion won ($72.1 million) Series B round, attracting inv...

A UK-focused real estate debt fund, managed by New York-based BentallGreenOak, has received a combined £170 million ($241 million) in commitme...

SoftBank Group founder and CEO Masayoshi Son’s salary more than halved last year, according to the group’s regulatory filing on May 28.T...

Samsung Electronics Co. and Germany’s pharmaceutical giant Bayer AG have made a joint investment in the Berlin-based artificial intelligence (...

The National Pension Service (NPS) and the Korea Investment Corporation (KIC) have committed $600 million in aggregate to GLP Capital Partners' Nort...

HYBE Co., the music and entertainment agency behind BTS, on Jun 1-2 will open the subscription for its rights issue shares worth 445.5 billion won (...

Vision Fund, led by billionaire SoftBank founder Masayoshi Son, has decided to invest around $2 billion in South Korea's largest travel platform Yan...

Singapore’s sovereign growth fund GIC Private Ltd. plans to acquire a 30% stake in Starbucks Korea for about 800 billion won ($710 million) fr...

SK Bioscience Co. has secured additional funding for phase III clinical trial of GBP510, its COVID-19 vaccine candidate jointly developed with the I...

KKR & Co. has attracted a combined $400 million from the National Pension Service and Korea Post for its latest flagship fund that raised $18.5 ...

South Korean fintech startup Toss is seeking to raise 200 billion won ($177 million) in fresh funding, which would almost treble its valuation to 8 ...

Kakao Corp.’s Japanese unit is set to secure 600 billion won ($530 million) from South Korea-based private equity firm Anchor Equity Partners....

Teamblind Inc., the operator of Blind, an anonymous social platform for discussion on workplace issues, has successfully concluded its $37 million S...

South Korea-based healthcare startup SkyLabs has wrapped up its 22.5 billion won ($20 million) Series B round, with plans to focus on beefing up its...

The Military Mutual Aid Association (MMAA), an $11 billion savings fund for South Korean military officers and personnel, said on Monday it has name...

South Korea's Government Employees Pension Service (GEPS), Public Officials Benefit Association (POBA) and Military Mutual Aid Association (MMAA) ar...

Woori Financial Group has been selected to acquire Franklin Templeton Investments’ retail fund business in South Korea, less than a month sinc...

South Korea’s Hanwha Group has clinched a 5 trillion won ($4.4 billion) commitment from the state-run Korea Development Bank over the next fiv...

South Korea-based character entertainment startup Studio Origin Corp. has successfully concluded a 5 billion won ($4.4 million) Series A round, the ...

LG Chem Ltd., South Korea’s leading chemical and battery maker, said on Tuesday it is investing 150 billion won ($134 million) in an incubator...

South Korea-based food tech company Sir.LOIN Inc. is seeking Series B funding in the range of 10 billion won as industry watchers project the startu...

Moloco Inc., a data-driven advertising solutions firm, has concluded its Series C funding round, rendering the company a newcomer to the unicorn clu...

Lee Do-yoon, a former chief investment officer of South Korea's Police Mutual Aid Association (PMAA), has been named as CIO of the Yellow Umbrella M...