kakao ai startup fund

SK Inc., the investment-focused holding company of South Korea’s SK Group, is set to pocket a sixfold return from its investment in SES Holdin...

Korea’s ABL Life Insurance Co. has participated in Everbright Overseas Infrastructure Investment Fund LP, a $460 million fund managed by Hon...

Viva Republica Inc., the operator of fintech platform Toss, is revving up for a pre-IPO. When finalized, the company will become South Korea’s...

Daewoo Engineering & Construction Co. has said it signed a contract on Jan. 26. to develop the H1HH1 block in Starlake, a new urban town in no...

Global infrastructure investment firm Antin Infrastructure Partners SA said on Jan. 25 it has appointed Michelle (Min Kyung) Maeng as its new Invest...

Chemical materials producer SKC Co. said on Jan. 26 its consortium has completed an $80 million investment in UK battery materials startup Nexeon ...

South Korea’s biotechnology startup Voronoi Inc. plans an initial public offering in March to raise up to 130 billion won ($108.4 million).Vor...

Naver Corp. is ramping up its recruitment of global talent in artificial intelligence. The South Korean tech giant announced Monday that it h...

SK Hynix Inc., South Korea’s major chipmaker, decided to make an additional investment in a US chip design startup SiFive in order to secure s...

ICONIQ Capital, a US family office backed by Meta founder and CEO Mark Zuckerberg, has invested 50 billion won ($42 million) in Smartscore, a South ...

Megazone Cloud Corp., a leading cloud service provider and the first Korean business partner of Amazon Web Service (AWS), plans to attract 300 billi...

Kakao Corp., the operator of South Korea’s top mobile messenger KakaoTalk, on Thursday announced a new chief executive nominee as the company ...

Plant-based food company Organica Corp. has attracted investment from China’s alternative investment firm CITIC Capital Holdings Ltd. This mar...

Doosan Heavy Industries and Construction Co., South Korea's power plant components supplier, signed a preliminary agreement on Wednesday to build Sa...

Stonebridge Ventures Inc., South Korea’s most profitable venture capital firm, plans to establish a fresh fund of $168 million, the largest in...

Startup accelerator FuturePlay is pushing ahead with an initial public offering. The decision follows similar moves by Korean venture capital and ac...

At first glance, ETERN!TY is similar to other K-pop bands – dancing to upbeat music and the female members donning pink tennis outfits. W...

Korean Teachers’ Credit Union (KTCU) has named its former Financial Investment Department head Park Man-soo as its new chief investment officer,...

The European Commission’s rejection of Hyundai Heavy Industries Co.'s proposed merger with crosstown rival Daewoo Shipbuilding & Marine En...

Artificial intelligence-powered image analysis company Alchera Inc. is working with PG&E (The Pacific Gas and Electric Company (PG&E) in t...

Logistics service provider Mesh Korea Co. plans to raise 200 billion to 300 billion won ($168.6 million to $253 million) in its upcoming rights is...

WeMade Co., a South Korean video game developer, has come under criticism for the massive unnoticed selling of its cryptocurrency WEMIX, allegedly i...

SoftBank Group Corp. is investing $146 million in South Korea’s artificial intelligence company Qraft Technologies, Inc. The investment includ...

South Korea’s SK Networks Co. said on Tuesday it joined a $15 million in Series B-2 funding for US healthcare startup LVIS Corp.LVIS, headquar...

Alex Young-joon Ryu, a nominee for new co-CEO of South Korea's top mobile messenger app Kakao Corp., on Monday offered to step down, after his dispo...

SK Pharmteco, a contract development and manufacturing organization (CDMO) for pharmaceuticals, is slated to raise 400 billion ($332.2 million) to 6...

CICC Capital, a private equity firm of China's largest investment bank China International Capital Corporation (CICC), will create funds with a comb...

Ssangyong Engineering & Construction Co. has raised 62.1 billion won ($51.6 million) in a rights issue from its largest shareholder Investment C...

IGIS Asset Management Co. and its venture capital affiliate are slated to invest 10 billion won ($8.3 million) in Kakao Enterprise Corp., an artific...

Samsung Electronics Co. is showcasing an unprecedented immersive home electronics experience at CES 2022 (Jan. 5-8.)  YOUR HOME AS A METAVERSE...