[StartupRecipe] Funding in Korean Startups nearly doubling in the Q1
#Weekly Funding Overview [Mar. 12~ April.16] The total funds raised by Korean startups of this week is KRW 88.6 billion. Major Funding BankSalad has raised KRW 25 billion in Series D investment from KT. Amid rumors of KT acquiring the...
[StartupRecipe] 3 Korean Startups Active in the Global Market
#Weekly Funding Overview [Mar. 5~ April.9] The total funds raised by Korean startups of this week is KRW 376.4 billion. Major Funding Iyunomedia Group, a localization company, has secured $160 million from SoftBank Vision Fund 2. and plans to and upgrade...
[StartupRecipe] Korean Millennial·Gen Z fall for luxury and reselling brand
#Weekly Funding Overview [Mar.29 ~ April.2] The total funds raised by Korean startups of this week is KRW 79.7 billion. Major Funding Team Fresh has finalized Series C investment of KRW 30 billion. Team Fresh, which provides cold-chain comprehensive services...
[StartupRecipe] Korea’s Open Innovation Boom
#Weekly Funding Overview [Mar.22 ~ Mar.27] The total funds raised by Korean startups of this week is KRW 121.1 billion. Major Funding AI automated parking control system Parking Cloud has secured investment of KRW 25 billion. It is expanding its...
[StartupRecipe] Korean version of Silicon Valley 'Gangnam Valley'
#Weekly Funding Overview [Mar.15 ~ Mar.19] The total funds raised by Korean startups of this week is KRW 211.9billion. Major Funding Fashion platform Musinsa raised KRW 130 billion in new investments in a year and three months. Corporate value is...
[StartupRecipe] Startup Recipe to publish Korean Startup Funding Report 2020
#Weekly Funding Overview [Mar.8 ~ Mar.12] The total funds raised by Korean startups of this week is KRW 97.5 billion. Major Funding Allganize, the provider of NLP technology that allows enterprises to automate answering questions from millions of unstructured text...
[StartupRecipe] Salary Skyrocketing for Korean IT Developers
#Weekly Funding Overview [Mar.1 ~ Mar.5] The total funds raised by Korean startups of this week is KRW 76.1 billion. Major Funding December & Company Asset Management, which operates AI led investment ‘Fint’, has raised KRW 9.9 billion. The company...
[StartupRecipe] Contactless services on the rise after COVID
#Weekly Funding Overview [Fab.22 ~ Fab.26] The total funds raised by Korean startups of this week is KRW 85.9 billion. Major Funding Barogo, a logistics IT platform startup, will raise KRW 25 billion in investment from 11th Street and push...
[StartupRecipe] Altos Ventures, the top backer of Korean unicorns
#Weekly Funding Overview [Fab.15 ~ Fab. 19] The total funds raised by Korean startups of this week is KRW 382.1billion. Major Funding Clean energy solution Gridwiz raised KRW 50billion in a series C funding. The round brings the total capital...
[StartupRecipe] The second largest M&A deal in Korean startup history : Hyperconnect
#Weekly Funding Overview [Fab. 8~ Fab. 12] The total funds raised by Korean startups of this week is KRW 10.55 billion. Major Funding K-pop entertainment platform Makestar raised KRW 6 billion. The company, founded by one of FNC entertainment founding...