autonomous robot service startup
Scope
Date
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Korean startups
Kia invests $9 mn in fintech startup Banksalad
South Korea's major automaker Kia Corp. is set to invest 10 billion won ($8.7 million) in Banksalad Co.'s Series D funding round as the company ai...
Aug 09, 2021 (Gmt+09:00)
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Future mobility
Lotte Rental invests over $20 mn in autonomous driving startup ahead of IPO
South Korea's largest car rental and auto leasing company Lotte Rental Co. is set to invest 25 billion won ($21.8 million) in a domestic autonomous ...
Aug 09, 2021 (Gmt+09:00)
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Private equity
MBK sees new opportunities in China's regulatory risk
China's regulatory crackdown on Chinese technology and private education companies is driving up the level of volatility and creating mispricing in ...
Aug 09, 2021 (Gmt+09:00)
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Earnings
Kakao to strengthen subscription services after Q2 results
Kakao Corp. this year has reported the highest second-quarter earnings in company history.Its regulatory filing on Aug. 6 posted an operating profit...
Aug 06, 2021 (Gmt+09:00)
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Travel & Leisure
Yanolja CIO says its AI vision played key role in SoftBank investment
Korean travel startup Yanolja’s Chief Investment Officer said that artificial intelligence (AI) was the keyword that played a decisive role in...
Aug 05, 2021 (Gmt+09:00)
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Korean startups
Naver Financial, SoftBank invest $25 mn in blockchain startup TBCASoft
South Korea-based Naver Financial, the fintech arm of online giant Naver Corp., has invested $20 million in a Series B funding round for the US-base...
Aug 05, 2021 (Gmt+09:00)
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Korean startups
Korean conglomerates turn to startups to tackle new ventures and ESG
South Korean conglomerates have been reaching out to D.CAMP, the country's largest non-profit foundation for startups, to get in touch with domestic...
Aug 03, 2021 (Gmt+09:00)
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Korean startups
Korean startups raise record-high Series A funding in H1
South Korea's startup ecosystem has been booming with companies raising over 1 trillion won ($870 million) in the first half of this year -- an all-...
Aug 02, 2021 (Gmt+09:00)
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The Deep Dive
Korea redefines dining experience with meal kits and delivery food
A good old-fashioned, home-cooked meal is becoming a thing of the past in Korean households, with a wide range of home meal replacements (HMRs) an...
Jul 29, 2021 (Gmt+09:00)
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Korean startups
AI startup DevUnlimit gamifies home fitness to offer stress-free exercise
South Korea-based fitness content startup DevUnlimit Inc. has developed an artificial intelligence-based fitness platform that gamifies exercise rou...
Jul 27, 2021 (Gmt+09:00)
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E-commerce platform TMON delays IPO plans
South Korea’s e-commerce platform TMON Inc., majority-owned by KKR & Co. and Anchor Equity Partners, will postpone its plans for initial p...
Jul 23, 2021 (Gmt+09:00)
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Entertainment
Sandbox Network sets up China affiliate for business expansion
South Korea’s largest multichannel network (MCN) company Sandbox Network Inc. has made another major step forward in expanding its China busin...
Jul 22, 2021 (Gmt+09:00)
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Korean startups
4by4's AI solution for high-def video content lures metaverse players
Displays are everywhere – refrigerators, automobiles, and even robots. And this display boom has sparked a fresh opportunity for 4by4 Inc., a ...
Jul 21, 2021 (Gmt+09:00)
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Batteries
SK Materials’ shares fly high on rosy business outlook
Shares of SK Materials Co., the industrial gas manufacturing affiliate of South Korea’s SK Group, are hovering around all-time high levels ami...
Jul 21, 2021 (Gmt+09:00)
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Battery materials
SK Materials to form a JV with US battery startup Group14 Technologies
SK Materials Co., SK Group’s industrial gas manufacturing arm, will set up a joint venture (JV) with a US battery materials startup Group14 ...
Jul 19, 2021 (Gmt+09:00)
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Korean startups
Ex-TMON CEO launches e-commerce startup; raises over $17 mn in seed round
South Korea-based e-commerce startup RXC has secured around 20 billion won ($17.5 million) in a seed round -- an impressive and rare amount consider...
Jul 19, 2021 (Gmt+09:00)
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Korean startups
Top industry talents launch AI chip startup; market takes note
South Korea-based artificial intelligence (AI) startup Rebellions Inc. is drawing industry attention as AI chips become mainstays of the semiconduct...
Jul 15, 2021 (Gmt+09:00)
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LG Group joins investment in EV battery startup SES
South Korea’s LG Group invested in an electric vehicle battery startup SES Holdings Pte (SES) in a bid to secure future growth business.LG Tec...
Jul 14, 2021 (Gmt+09:00)
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Robotics
Woowa Brothers launches last-mile indoor food delivery robot in Seoul
Woowa Brothers Corp., South Korea’s top food delivery app operator, has launched a last-mile indoor robot food delivery service, as people inc...
Jul 13, 2021 (Gmt+09:00)
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Pension funds
NPS bets big on property development as asset prices soar
The National Pension Service (NPS) has been increasing its appetite for office buildings in the development stage as part of an effort to snatch up ...
Jul 09, 2021 (Gmt+09:00)
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Venture capital
Indonesia's HappyFresh draws half of new funding from Korea
Indonesia's online grocery platform HappyFresh will receive another $33 million from South Korean investors, including the Asian startup fund of Nav...
Jul 09, 2021 (Gmt+09:00)
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Korean startups
Grocery delivery platform Oasis valuation tops $650 mn; eyes US expansion
South Korea-based grocery delivery platform Oasis Corp., referred to as Oasis Market, has attracted 50 billion won ($44 million) from global private...
Jul 07, 2021 (Gmt+09:00)
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Robotics
Koh Young’s medical robot KYMERO expands foothold in Korean hospitals
Koh Young Technology Inc., Korea’s leading maker of 3D optical inspection devices used in electronics manufacturing, has further strengthened ...
Jul 07, 2021 (Gmt+09:00)
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Korean startups
Neosapience develops AI voice actors that sound like humans, not robots
In February 2020, a South Korean broadcasting network aired a virtual reality (VR) reunion between a grieving mother and her late daughter. The docu...
Jul 06, 2021 (Gmt+09:00)
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Pension funds
Govt pension fund makes first foray into overseas infrastructure
South Korea's Government Employees Pension Service (GEPS) has awarded a combined $105 million mandates to Goldman Sachs, Macquarie and Paris-based A...
Jul 06, 2021 (Gmt+09:00)
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Artificial intelligence
Naver says it's constructing world’s first robot-friendly building
The world’s first “robot-friendly” building will complete construction in the second half of this year by South Korea’s tech...
Jul 05, 2021 (Gmt+09:00)
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Batteries
Hyundai Motor invests $100 mn in US battery startup SES
Hyundai Motor Co. is set to invest $100 million in US-based electric vehicle battery startup SolidEnergy Systems (SES) to obtain next-generation tec...
Jul 04, 2021 (Gmt+09:00)
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Future mobility
LG invests $88 mn in Kakao Mobility as both seek new growth opportunities
LG Corp., the holding company of South Korea’s fourth-largest conglomerate LG Group, is investing 100 billion won ($88 million) in Kakao Mobil...
Jul 02, 2021 (Gmt+09:00)
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Electric vehicles
Hyundai innovates EV manufacturing with smart factory system
South Korea’s top carmaker Hyundai Motor Co. is making innovations in its electric vehicle manufacturing processes. The company on July 1 reve...
Jul 02, 2021 (Gmt+09:00)
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Korean startups
Impressivo to bridge fitness and healthcare industry via sensing technology
San Francisco-based startup Impressivo is seeking partnerships in the fitness and healthcare sector as the company aims to bridge the fitness and he...
Jun 30, 2021 (Gmt+09:00)
Latest News
- 1 Coupang bids for Korean luxury market dominance with Farfetch
- 2 Hyundai Rotem set to finalize $6 bn K2 tank order from Poland
- 3 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 4 Korea to allow non-profits to buy bad consumer loans
- 5 LG to drive future growth in emerging markets with battery prowess