startup fund
Scope
Date
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Bio & Pharma
MedInTech attracts $14.6 mn series B investment
MedInTech Inc., South Korea's medical smart endoscopes startup, announced on Monday that it attracted a series B investment of 20 billion won ($14.6...
May 13, 2024 (Gmt+09:00)
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Corporate investment
Shinhan, POSCO invest $20 mn in Australian hydrogen startup Hysata
South Korean steel giant POSCO Holdings Inc. and banking conglomerate Shinhan Financial Group have invested a combined US$20 million in Australian g...
May 10, 2024 (Gmt+09:00)
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Artificial intelligence
DeepX attracts $80 mn new investment
DeepX, South Korea's homegrown neural network and AI chip developer, announced on Friday that it finalized attracting an investment of 110 billion w...
May 10, 2024 (Gmt+09:00)
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Korean stock market
Korea to launch alternative stock exchange in 2025
South Korea will launch the country’s first alternative stock exchange Nextrade Co. in the first half of next year to enable stock trading for...
May 09, 2024 (Gmt+09:00)
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Venture capital
VC firm DSC Investment forms Korea's largest secondary fund
South Korean asset manager DSC Investment has formed the country’s largest-ever fund for venture capital secondaries to explore opportunities ...
May 09, 2024 (Gmt+09:00)
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Artificial intelligence
Naver D2SF invests in image generation AI startup
South Korea's top online portal Naver Corp. announced on Wednesday that its startup nurturing organization D2SF (D2 Startup Factory) invested in the...
May 08, 2024 (Gmt+09:00)
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Bio & Pharma
Samsung Medison buys AI medical startup Sonio
South Korea’s Samsung Medison, a medical equipment subsidiary of the global memory chipmaker Samsung Electronics Co., is taking over France&rs...
May 08, 2024 (Gmt+09:00)
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Korean startups
Startups bet on affluent Gen X in Korea’s senior living market
Elder-care startups are rushing to build high-end senior homes in South Korea targeting affluent Generation Xers set to retire in five years on expe...
May 08, 2024 (Gmt+09:00)
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Venture capital
UAE to invest up to $1 bn in S.Korean ventures
The United Arab Emirates is set to invest a maximum of $1 billion in South Korean startups via a joint venture, as a part of its mid- to long-term p...
May 07, 2024 (Gmt+09:00)
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Korean startups
S.Korea’s largest startup fair NextRise to be held in June
The Korea International Trade Association announced on Tuesday that the largest domestic startup fair in South Korea, NextRise 2024 Seoul," will be ...
May 07, 2024 (Gmt+09:00)
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Bio & Pharma
Samsung Life Science invests in US biotech firm Latus Bio
Samsung Life Science Fund, managed by Samsung Group’s venture investment arm, has invested in US biotechnology firm Latus Bio Inc. during the ...
May 03, 2024 (Gmt+09:00)
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Pension funds
NPS to hike risky asset purchases under simplified allocation system
The National Pension Service (NPS), South Korea’s state-run pension fund, is introducing a new simplified asset allocation guideline under whi...
May 02, 2024 (Gmt+09:00)
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Artificial intelligence
Vuno, Canon to target AI diagnostic market in Japan
South Korea's medical device startup Vuno announced on Monday that its Japanese partner M3AI signed a memorandum of understanding (MOU) with Canon M...
Apr 30, 2024 (Gmt+09:00)
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Pension funds
NPS to commit $1.1 billion to external managers in 2024
South Korea’s National Pension Service (NPS) will select domestic general partners (GPs) to manage about 1.5 trillion won ($1.1 billion) worth...
Apr 28, 2024 (Gmt+09:00)
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Korean startups
Bet on innovations with societal impact: Kakao Ventures CEO
In the past 10 years, Kim Ki-jun has been on the hunt for deep technology startups that will have a significant societal impact, and he will continu...
Apr 24, 2024 (Gmt+09:00)
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Banking & Finance
Woori Financial opens DinnoLab Vietnam Center
South Korea's Woori Financial Group announced on Wednesday that it has opened the DinnoLab Vietnam Center in Hanoi.DinnoLab is a program by Woori ...
Apr 24, 2024 (Gmt+09:00)
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Automobiles
BMW to support Korean automotive startups at new R&D center
German luxury carmaker BMW Group is set to support South Korean automotive startups in their overseas expansion as it on Monday opened a new researc...
Apr 22, 2024 (Gmt+09:00)
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Pension funds
NPS loses $1.2 bn in local stocks in Q1 on weak battery shares
South Korea’s National Pension Service (NPS), the world's third-largest pension fund, lost 1.66 trillion won ($1.2 billion) in domestic stock ...
Apr 21, 2024 (Gmt+09:00)
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Upcoming IPOs
Korea’s vision AI startup Superb AI eyes IPO in H1, 2026
South Korea’s promising vision AI platform developer Superb AI Inc., which has recently added generative AI to its business portfolio, is seek...
Apr 18, 2024 (Gmt+09:00)
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Private equity
Daesung PE tops Korean venture funds by return in 2018-2023
Daesung Private Equity Inc. in South Korea has become the top local venture capital manager in terms of realized capital gain between 2018 and 2023,...
Apr 17, 2024 (Gmt+09:00)
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Korean startups
Korean unicorns slow growth to focus on profits
South Korean unicorns, or startups valued at $1 billion or more, are slowing the pace of growth to shore up their bottom lines as they revive l...
Apr 17, 2024 (Gmt+09:00)
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Artificial intelligence
Korea's AI startup Upstage raises $72 mn for global expansion
Upstage, South Korea’s artificial intelligence startup, raised about 100 billion won ($72 million) in its latest funding round, which the comp...
Apr 16, 2024 (Gmt+09:00)
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Korean startups
Paradigm Shift attracts $290k seed bridge investment
Paradigm Shift, the operator of the exercise diary app for middle-aged women Heroines, announced on Monday that it attracted a seed bridge investm...
Apr 15, 2024 (Gmt+09:00)
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Korean startups
Korean startup CEOs away from home lead global expedition
South Korea’s promising startup founders, who normally double as chief executive officers for their companies, are leaving their home turf to ...
Apr 12, 2024 (Gmt+09:00)
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Artificial intelligence
LG CNS hosts Startup Day in Silicon Valley
LG CNS Co., an information technology service company under South Korean conglomerate LG Group, announced on Thursday that it held the Startup Day i...
Apr 11, 2024 (Gmt+09:00)
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Bio & Pharma
Bio startup ArtBlood attracts $4.8 mn investment
South Korean bio startup ArtBlood, specializing in blood production for transfusion, announced on Tuesday that it successfully secured an investment...
Apr 09, 2024 (Gmt+09:00)
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Korean startups
South Korean drone startups rush to join military drone race
South Korean drone-developing startups are rushing to join the race to develop military drones to meet growing demand for drones fit for combat oper...
Apr 08, 2024 (Gmt+09:00)
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Pension funds
NPS' former key players move to law firms as its voting power increases
South Korea’s National Pension Service (NPS) is seeing more and more of its former senior managers moving to top-tier domestic law firms. Ther...
Apr 04, 2024 (Gmt+09:00)
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Korean games
Sandy Floor gets seed round from Kakao Ventures
South Korea’s casual multiplayer game developer Sandy Floor Games announced on Wednesday that it got a seed round investment from Kakao Ventur...
Apr 03, 2024 (Gmt+09:00)
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E-commerce
Blight of failing e-commerce startups in South Korea
Linkshops, once touted as a future unicorn candidate in South Korea, declared bankruptcy last month even after garnering 15.4 billion won ($11.4 mil...
Apr 03, 2024 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet