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Korean Startup Newsletter Service

2024/11/19

[StartupRecipe] Autonomous Driving Tech Leads Mobility Sector funding in Korea

#Weekly Funding Overview [Nov. 11~ Nov. 15] #Major Funding Luxury watch trading platform Viver raised KRW 15 billion to scale its operations. The company has tripled its growth year-over-year and surpassed KRW 100 billion in cumulative transactions. The funding will...

2024/11/12

[StartupRecipe] Korean Fintech Funding Crashes 82%, but Long-term Growth Prospects Remain Bullish

#Weekly Funding Overview [Nov. 4~ Nov. 8] #Major Funding Soombit AI has raised 5 billion KRW in seed funding from Altos Ventures. Founded by a team previously engaged in chest X-ray interpretation AI development at Kakao Brain, Soombit AI is...

2024/11/05

[StartupRecipe] K-Content Startups See Surge in Investments, Entertain-Tech Takes the Lead

#Weekly Funding Overview [Oct. 28~ Nov. 1] The total funds raised by Korean startups of the week is KRW 56 Billion. #Major Funding Rideflux has secured a 20 billion KRW investment. Founded in 2018, this startup develops autonomous driving software...

2024/10/29

[StartupRecipe] TIPS Program Leads Korea's Startup Investments Amid Investment Winter

#Weekly Funding Overview [Oct. 21~ Oct. 25] The total funds raised by Korean startups of the week is KRW  193.45 Billion. #Major Funding Ably Corporation has secured a significant investment of 100 billion won through a mix of new and...

2024/10/22

[StartupRecipe] Marine Tech Startups Riding the Wave of Blue Economy Growth

#Weekly Funding Overview [Oct. 14~ Oct. 18] The total funds raised by Korean startups of the week is KRW 73.6 Billion. #Major Funding Curiosis, a leader in lab automation, has secured pre-IPO funding. The company’s flagship product is the world’s...

2024/10/15

[StartupRecipe] Korean AI Startups to Watch in 2024

#Weekly Funding Overview [Oct. 7~ Oct. 11] The total funds raised by Korean startups of the week is KRW 148.8 Billion. #Major Funding Makestar, a leading entertainment tech company, has secured KRW30 billion in a recent funding round. Established in...

2024/10/08

[StartupRecipe] S.Korean Startup Investment Rebounds in Q3

#Weekly Funding Overview [Sep. 30~ Oct. 4] The total funds raised by Korean startups of the week is KRW 56.5 Billion. #Major Funding AI startup MarkVision has raised KRW 22 billion in fresh funding, completing its KRW 50 billion Series...

2024/10/01

[StartupRecipe] Government Support Fuels Rapid Growth in Aerospace Startups in Korea

#Weekly Funding Overview [Sep. 23~ Sep 27] The total funds raised by Korean startups of the week is KRW 15.7 Billion. #Major Funding WeMeet Mobility raised 20 billion KRW in funding. The company operates AI mobility solution “Luti” and specializes...

2024/09/24

[StartupRecipe] Korean Climate Tech Funding Jumps 148%

#Weekly Funding Overview [Sep. 16~ Sep 20] The total funds raised by Korean startups of the week is KRW 15.7 Billion. #Major Funding SsenStone, an authentication security startup, has raised 6 billion KRW in funding. Founded in 2015, the company...

2024/09/19

[StartupRecipe] K-Beauty Boom Sparks Growth in Startups

#Weekly Funding Overview [Sep. 9~ Sep 13] The total funds raised by Korean startups of the week is KRW 277 Billion. #Major Funding Spoon Labs, a content platform known for its audio streaming service ‘Spoon’ and short-form drama platform ‘V-Glue,’...

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