Delivery Platform Vroong Raises KRW 40 Billion
Vroong, the delivery platform, recently secured an additional KRW 10 billion investment led by Shinhan Investment Corp, marking a total of KRW 40 billion raised externally this year. This latest funding will be used to accelerate technological upgrades and enhance...
2025 K-Startup Grand Challenge Showcases Global Innovation in Jeju
The 2025 K-Startup Grand Challenge (KSGC), South Korea’s premier startup acceleration program, hosted its highly anticipated showcase event on September 3-4 at the Jeju International Convention Center. This year, the event brought together 40 finalist startups, chosen from an impressive...
Gravity Labs Secures KRW 18billion Series A Funding to Accelerate Global Healthcare Platform
Global digital healthcare startup Gravity Labs has secured KRW 18 billion in Series A funding, marking a significant milestone in the Korean health-tech ecosystem. The company, which operates the popular health rewards app MoneyWalk, reached this achievement just one year...
South Korea Names 15 Soonicorns for 2025
Fifteen South Korean startups were officially selected as the 2025 Pre-Unicorns, each eligible for up to KRW 20 billion in special guarantees to accelerate global scaling. The program recorded a 5.3:1 competition ratio among 79 applicants, and the cohort shows...
Smart Food Networks Secures KRW 15 billion
Smart Food Networks has secured a KRW 15 billion Series C round to speed the digital transformation of Korea’s foodservice industry, emphasizing scaled operations and product development across its restaurant-tech stack. The company noted that the round included follow-on commitments...
VtoV Completes KRW 17.2 million in Series B Funding
VtoV has secured a total of KRW 17.2 billion in Series B funding to accelerate the growth of its metropolitan urban logistics delivery service To-Day. Follow-on investors include Smilegate Investment and Woomi Global, while new financial investors comprise T Investment,...
FriendliAI,Secures $20 M to Advance AI Inference Platform
FriendliAI, a company specializing in artificial intelligence AI inference platforms, announced it has successfully completed a seed extension funding round, raising $20 million. The investment round was led by Capstone Partners, with KB Securities participating as a follow-on investor. New...
HR Tech Firm Remember Acquired by Global Investor EQT
Remember & Company, a South Korean business and career platform, has been acquired by the global investment firm EQT. The deal values the company at approximately KRW 500 billion. EQT will become the new majority shareholder by purchasing the stake...
K-Entertainment tech Bigc secures KRW 18 billion Series A investment
Bigc an entertainment technology company, raised KRW 18 billion in its Series A round led by Stonebridge Ventures and BonAngels Venture Partners, with participation from Nextrans, Nau IB, Hana Ventures, IBK, and Aloys Ventures, bringing its cumulative funding to KRW...
AI Data Startup SelectStar raises $15.5 million in Series B
SelectStar, a Seoul-based AI data and reliability verification company, has raised $15.5 million in its Series B funding round, bringing its total funding to $28 million to date. The round drew participation from KB Investment, KB Securities, Shinhan Venture Investment,...
Korea Tourism Organization Showcases 10 Travel Tech Startups in Bangkok Demo Day
The Korea Tourism Organization held the 2025 Bangkok Tourism Startup Center (KTSC) Demo Day in Bangkok, Thailand. This event was organized in conjunction with Thailand’s largest global startup conference, the Techsauce Global Summit (August 4–6, Queen Sirikit Convention Center, Bangkok),...
K-pop Company Modhaus Raises $15M in Record Series B Round
Modhaus, the fan participation-based entertainment company behind K-pop girl groups tripleS and ARTMS, has raised $15 million(KRW 21 billion) in a Series B funding round. This marks the largest single fundraising amount secured by a domestic entertainment company so far...
Korea's Fund of Funds Fuels Deep-tech Unicorns
The Korean government’s Fund of Funds has emerged as a key driver in nurturing domestic unicorn companies and promising deep-tech startups. The fund has provided early-stage growth capital to companies ranging from recent unicorns like Rebellions and FuriosaAI to global...
KRW 2.4 Trillion Global Fund Injects Capital into Korean Startups
The Ministry of SMEs and Startups is set to launch its largest-ever Global Fund, a massive KRW 2.4 trillion initiative designed to attract foreign investment into Korean startups. This year, the ministry will partner with 13 overseas venture capital firms...
South Korea's Sovereign AI Project Selects 5 Teams
South Korea has officially launched its mission to build a homegrown, globally competitive artificial intelligence ecosystem. The Ministry of Science and ICT has selected five elite teams for its Korean Sovereign AI Foundation Model project, a significant step toward securing...
K-Beauty Marketing Platform Egongegong Secures $37 Billion KRW in Funding
Egongegong, a marketing platform for K-beauty brands, has raised KRW 37 billion in a new funding round. Korea Investment Partners led the investment with KRW 13 billion. The funding will support Egongegong’s growth as a platform for K-beauty brands expanding...