2nd Korea-Japan Bio Ecosystem Roundtable held in Tokyo
The 2nd Korea-Japan Bio Ecosystem Roundtable took place in Tokyo, uniting Korean biotech firms and Japanese pharmaceutical giants to strengthen collaboration and strategize for global expansion. Designed to deepen biotech cooperation between Korea and Japan, the roundtable provided a platform...
AI Medical Solution Connecteve Raises KRW 14B
Connecteve, a Korean startup specializing in AI medical software and surgical robotics for musculoskeletal disorders, has announced the successful completion of its Series A funding round, securing 14 billion KRW. Founded by Professor Noh Doo-hyun, an orthopedic specialist at Seoul...
at home Secures KRW 18 Billion in Series A Funding
at home, a South Korean home lifestyle solution company, has raised KRW 18 billion in a Series A funding round. This marks the company’s first investment since its founding in 2018, seven years ago. Founded in 2018 with the motto...
S.Korea Blocks Deepseek Downloads over privacy concerns
South Korea’s data protection authority has suspended new downloads of the Chinese AI app DeepSeek, citing non-compliance with the country’s personal data protection regulations. The Personal Information Protection Commission (PIPC) announced on Monday that the restriction took effect on Saturday...
Karrot hits 2 Million Users in Canada
Karrot, the global secondhand market app operated by South Korean tech company Danggeun, has surpassed 2 million cumulative users in Canada, marking a significant milestone in its international growth. This achievement comes just eight months after the service reached 1...
S.Korea to Open Crypto Market to Corporations in 2025
South Korea is set to allow corporate entities to invest in cryptocurrencies, marking a major policy shift. The Financial Services Commission (FSC) plans to open the market in phases, starting with nonprofit organizations in early 2025 and expanding to listed...
Gangnam Unni raises KRW 42.8B to Fuel Global Expansion
Healing Paper, the operator of Gangnam Unni, South Korea’s leading plastic surgery information platform, has secured 42.8 billion won in Series C funding. The round saw participation from prominent Korean investors, including Korea Investment Partners, Shinhan Venture Investment, KT Investment,...
2024 Korean Venture Investment Shows Strong Rebound
The Korean venture investment market demonstrated a strong recovery in 2024, according to the 2024 Korean Venture Investment report released by the government. Total venture investment for the year reached 11.9 trillion KRW, marking a 47.5% increase compared to pre-COVID-19...
Seoul AI Hub Expands Support to Strengthen AI Startup Ecosystem
As artificial intelligence (AI) continues to redefine industries, AI startups are becoming prime targets for investment. In Korea, one institution is at the forefront of discovering and fostering these startups: the Seoul AI Hub. Established by the Seoul Metropolitan Government,...
UKF 82 Startup Summit 2025 Showcases K-Startups
The UKF 82 Startup Summit 2025 took place on January 10 (local time), bringing together Korean venture investors and startups in the United States. Organized by United Korean Founders (UKF) with support from the Ministry of SMEs and Startups (MSS),...
COMEUP 2024, Korea’s Largest Startup Event, Kicks Off in Seoul
COMEUP 2024, Korea’s premier global startup event, commenced on Wednesday at COEX in Seoul. Held under the theme Innovation Beyond Borders, the two-day event (December 11-12) brings together entrepreneurs, investors, and key stakeholders from over 40 countries, providing a platform...
13th Chung Ju-yung Startup Competition Unveils 12 promising Korean Startups
The Asan Nanum Foundation held its 13th annual Chung Ju-yung Startup Competition, highlighting 12 promising startups across early-stage and growth tracks. The competition, which saw a record-breaking 47:1 application ratio, culminated in a Demo Day event on the 7th. Big...
D.CAMP Launches Global Internship Program to Connect K-Startups with International Students
The Banks Foundation for Young Entrepreneurs (D.camp) kicked off its first Global Interns for Startups program at Front1 Building in Gongdeok, Seoul. The initiative aims to bridge the gap between Korean startups with global products and the growing pool of...
S.Korea Launches Startup Special Visa to Attract Global Entrepreneurs
The Korean government has introduced the Startup Korea Special Visa, a new initiative aimed at attracting foreign entrepreneurs and innovative startups to the country. The program, which officially opened for applications, marks a significant step in Korea’s efforts to enhance...
24 K-Starups showcase at TechCrunch Disrupt 2024
24 Korean startups took the spotlight at TechCrunch Disrupt, the largest startup event in the United States, held this year in San Francisco. These startups were part of the Korea Pavilion, organized in collaboration by the KOTRA, KITRI (Korea Information...
What Made TRY Everything 2024 Special?
The global startup festival Try Everything 2024 convened at Dongdaemun Design Plaza (DDP) from September 11-12, 2024. Building on the success of the previous year’s event, which attracted 566 local and international startup ecosystem experts and 563 investment institutions, resulting...