Online portal Naver steps up Europe startup investment against US, China

South Korea’s largest internet portal Naver Corp. has committed 110.4 billion won ($93 million) to two Europe-focused startup funds since late l...

[Focus] Korean unicorns face reality check from US startups poised for IPOs

With a number of high-profile US startups in line for initial public offerings, investors in South Korean startups may be looking to Wall Street for c...

Celltrion to co-develop pill-type autoimmune disease drug with UK startup

Biosimilar maker Celltrion Inc. has agreed to develop a tablet-type treatment for autoimmune diseases jointly with the UK biotech startup Intract Phar...

Hanwha eyes gains running hydrogen fueling stations for US startup

Hanwha Group may exercise its rights to operate more than 700 hydrogen fueling stations to be built across the US and Canada by US hydr...

SK Hynix joins in $60 mn funding for US chip design startup SiFive

SK Hynix Inc. has recently participated in a $60 million funding for the US semiconductor startup SiFive, SK Hynix said on August 12.Saudi Aramco and ...

Mirae Asset co-leads $100 mn financing for China’s biotech startup

Mirae Asset Financial Group has invested $28 million in Shanghai-based biotechnology startup JW Therapeutics, about a quarter of $100 million financin...

Bain Capital to invest $123 mn in South Korean online education startup

ST Unitas, known for English test and civil service exam preparation classes in South Korea, will receive around 150 billion won ($123 million) in inv...

Mirae Assets logs 150% return from German biotech startup exit

Mirae Asset Daewoo Co. Ltd. has earned a 150% return on a $15 million investment in German biotechnology firm BioNTech SE in nine months, securing $22...

Mirae Asset leads $23 mn funding for Indian food delivery startup

Mirae Asset Daewoo Co. Ltd. has led a $23 million investment in Indian food delivery platform Swiggy by South Korean companies in their first investme...

Sequoia, Hillhouse and DST invest $150 mn in Korean grocery startup

Sequoia Capital, Hillhouse Capital and DST Global have invested a combined $150 million in South Korea’s online grocery delivery startup Kurly I...

POD startup pierces trend with unlimited design possibilities

When Park Hye-yoon (pictured) visited Disney Land in 2006, she wondered why all the Snow White merchandise only had to do with either Snow White or th...

Korean startups raking in big investment money

Biotech startup Bionetix easily surpassed what's known as the "10 billion won hurdle" by raising an additional 10 billion won in funding on Dec. 23. I...

KIC to boost startup investment with new San Francisco office

Korea Investment Corporation will open a San Francisco office within the year to improve its deal sourcing capability for technology startups and othe...

Up to 70 mn won support given to young entrepreneurs using public tech (edited)

The Ministry of SMEs and Startups announced on Friday a new program to support young entrepreneurs under the age of 39 who are interested in startin...

LG Uplus startup venture investments

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Blight of failing e-commerce startups in South Korea

Linkshops, once touted as one of the next unicorn candidates in South Korea, bankrupted last month even after garnering 15.4 billion in funding from...