Parts maker Mando raises profile as investor in future mobility startups

Parts maker Mando raises profile as investor in future mobility startups

Halla Group’s auto components unit Mando Corp. is rapidly expanding its profile as a startup investor in the future mobility sector.Mando was ...

Swit Technologies' valuation tops $80 mn in Series A round

Swit Technologies' valuation tops $80 mn in Series A round

Swit Technologies Inc., the provider of team collaboration tool Swit, is near wrapping up its Series A funding round, having raised around $17.8 mil...

POSCO Chem, OCI to produce previously imported battery material in Korea

POSCO Chem, OCI to produce previously imported battery material in Korea

POSCO Chemical and OCI plan to produce in South Korea a key material for electric vehicle batteries, which has so far been imported.POSCO Chemical s...

AI edtech startup KidsLoop joins unicorn club

AI edtech startup KidsLoop joins unicorn club

Artificial intelligence-based education is similar to self-driving cars, which select the optimal transportation routes for their drivers, according...

AI startup Moloco raises near $150 million

AI startup Moloco raises near $150 million

Silicon Valley-based artificial intelligence startup Moloco Inc. has raised around 173.4 billion won ($148.1 million) in a recent funding round led ...

SM Lab develops cathode with 98% nickel, industry’s highest density

SM Lab develops cathode with 98% nickel, industry’s highest density

SM Lab, a South Korean battery material startup, has developed a cathode with 98% nickel content, the highest density ever for rechargeable batterie...

Korea's top online flea market startup value up to $2.6 bn

Korea's top online flea market startup value up to $2.6 bn

South Korea’s No. 1 online flea market operator Danggeun Market Inc. has increased its valuation to $2.6 billion as it raised $153 million fro...

OTT startup Watcha expands into music distribution service

OTT startup Watcha expands into music distribution service

South Korea-based over-the-top (OTT) startup Watcha Inc. is ramping up efforts to transform into a comprehensive content data company as it expands ...

Korean fabless startups take center stage, attracts VCs

Korean fabless startups take center stage, attracts VCs

South Korean fabless startups have taken center stage, attracting venture capital firms and institutional investors thanks to their advanced technol...

AI startup Return Zero transforms phone calls into texts

AI startup Return Zero transforms phone calls into texts

South Korea-based startup Return Zero is enhancing the quality of life for people through its voice recognition app, Vito, which provides phone call...

Kia invests $9 mn in fintech startup Banksalad

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...

Lotte Rental invests over $20 mn in autonomous driving startup ahead of IPO

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 ...

MBK sees new opportunities in China's regulatory risk

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 ...

Yanolja CIO says its AI vision played key role in SoftBank investment

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...

Naver Financial, SoftBank invest $25 mn in blockchain startup TBCASoft

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...

Korean conglomerates turn to startups to tackle new ventures and ESG

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...

Korean startups raise record-high Series A funding in H1

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-...

Korea redefines dining experience with meal kits and delivery food

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...

AI startup DevUnlimit gamifies home fitness to offer stress-free exercise

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...

E-commerce platform TMON delays IPO plans

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...

Sandbox Network sets up China affiliate for business expansion

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...

4by4's AI solution for high-def video content lures metaverse players

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 ...

SK Materials’ shares fly high on rosy business outlook

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...

SK Materials to form a JV with US battery startup Group14 Technologies

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 ...

Ex-TMON CEO launches e-commerce startup; raises over $17 mn in seed round

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...

Top industry talents launch AI chip startup; market takes note

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...

LG Group joins investment in EV battery startup SES

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...

Indonesia's HappyFresh draws half of new funding from Korea

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...

Neosapience develops AI voice actors that sound like humans, not robots

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...

Hyundai Motor invests $100 mn in US battery startup SES

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...

S.Korean game developer Krafton acquires Japan’s ADK for $517 million S.Korea's stablecoin frenzy fuels stock rally despite regulatory uncertainty SK Hynix joins Samsung in 200 trillion won market cap club Samsung on hiring spree to bolster US foundry sales LS Electric poised to join Nvidia's supply chain via Vertiv deal