Humanoid Robotics Startup AeiROBOT Secures 10 Billion KRW in Series A
South Korean humanoid robotics startup AeiROBOT has announced the successful completion of a KRW 10 billion Series A funding round on July 11. The round was led by BonAngels Venture Partners, with participation from new investors including Korea Development Bank,...
Beyond Honeycomb Secures KRW 10B to Scale AI Cooking Robot GRILL X
Korean AI cooking robotics startup Beyond Honeycomb has raised KRW 10 billion in a Series A bridge round, bringing its total funding to KRW 19.6 billion. The round was led by existing backer LB Investment, with new and follow-up participation...
K-beauty company MBX Secures $6.5M to Fuel Global Expansion
K-beauty company MBX (Memebox) has raised an additional $6.5 million in funding through a convertible note structure led by existing investors. Participants in this round include Goodwater Capital, Altos Ventures, Pear VC, Cota Capital, and 8VC—the latter co-founded by one...
Cubig, Wins at Startup World Cup Korea Finals
Cubig, a synthetic data solutions startup, has emerged as the winner of the first-ever Startup World Cup 2025 Korea Finals. The global startup pitching competition was held on June 30th at D.CAMP in Mapo, Seoul, with Cubig now set to...
Korean and Saudi Governments Jointly Select and Support Startups Entering the Middle East
The Ministry of SMEs and Startups and the Embassy of the Republic of Korea in the Kingdom of Saudi Arabia announced they will begin recruiting participating companies for the Middle East Market Entry Support Program for SMEs and Startups starting...
Saudi Arabia's New Murabba Project Forges Key Partnership with South Korea in Seoul
The New Murabba Seoul Forum, a two-day, invitation-only event, held to in Seoul, successfully introducing Saudi Arabia’s ambitious New Murabba project to a diverse audience of Korean and international partners. The forum underscored Saudi Arabia’s strategic focus on collaborating with...
K-Startup Grand Challenge Draws Record 2,626 Global Applicants
South Korea’s flagship global startup program, the 2025 K-Startup Grand Challenge (KSGC), has attracted unprecedented international attention, with a total of 2,626 teams from around the world applying to participate. This marks a 1.5-fold increase from the previous year and...
NextRise 2025 Kicks Off in Seoul, Driving Global Innovation with an AI Focus
NextRise 2025, Asia’s largest innovation expo officially opened on June 26 at COEX in Samsung-dong, Seoul. Co-hosted by the Korea International Trade Association and Korea Development Bank, the seventh annual event, running through June 27, gathers global companies, startups, and...
Large Supplementary Budget Allocation for AI and Deep Tech
This week, the startup ecosystem saw notable growth across various sectors, driven by government and local government-led funding expansion, technology demonstration, and concentrated startup support programs. The Ministry of SMEs and Startups (MSS) has allocated a second supplementary budget plan...
Legal Tech Startup LBox Completes KRW 30 Billion Series C Funding
Korean legal technology startup LBox has successfully completed one of the largest Series C funding rounds in the domestic legal technology sector, raising KRW 30 billion. The funding round was led by Kiwoom Investment with participation from Legend Capital. Founded...
Gangnam Unni’s Thai App 'UNNI' Gains Rapid Traction in Thai Market
Healing Paper, the operator of South Korea’s beauty medical information platform Gangnam Unni, announced that its Thai-language app ‘UNNI’ has achieved a tenfold increase in the number of users booking Korean medical beauty services, just seven months after its launch....
26 Korean Startups Showcase Innovation at VivaTech 2025
A delegation of 26 innovative Korean startups participated in VIVA Technology (VIVA Tech) 2025, Europe’s largest startup and tech exhibition, held from June 11 to Saturday, June 14 at Paris Expo Porte de Versailles in France. Organized by South Korea’s...
Robos, AI Slaughterhouse Robotics Startup Raises KRW 25 Billion
Robos, a startup specializing in automated slaughterhouse robotics, has raised KRW 25 billion in its latest investment round. Founded in 2022, Robos develops advanced automation solutions for slaughterhouses, leveraging cutting-edge robotics and AI technologies. Robos’ core technology integrates deep learning-based...
Google Startup Campus Seoul Celebrates 10th Anniversary
Google Startup Campus Seoul marked its 10th anniversary on June 17, 2025, celebrating a decade of fostering innovation and entrepreneurship in South Korea’s startup ecosystem. The milestone event, held at the Campus in Samseong-dong, Seoul, featured the Startup AI Festival,...
Seoul Rises as Global Startup Hub Amidst Diverse Innovation and Strategic Investments
Seoul has significantly advanced its position in the global startup ecosystem, securing the 8th position worldwide in Startup Genome’s 2025 Global Startup Ecosystem Report. This achievement marks its highest-ever ranking, maintaining a presence within the top 10 for two consecutive...
Baby Unicorns Propel Korea’s Startup Ecosystem
The Ministry of SMEs and Startups hosted the annual ‘Baby Unicorn Performance Sharing Event’ this week, spotlighting the remarkable achievements of Korea’s most promising early-stage startups. The Baby Unicorn program, launched to nurture startups with high growth potential, has supported over...