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...
Gangnam Job & Startup Hub Hosts First Demoday of 2025
The Gangnam Job & Startup Hub Center held its first Demo Day of 2025 at the COEX Startup Branch. The event showcased the impressive progress of 12 early-stage startups participating in the center’s incubation program. The Gangnam Job & Startup...
Gwanak-gu's Startup Scale-up Demo Day Showcases 8 Startups
Gwanak-gu, a district in Seoul, just held its first Startup Scale-up Demo Day. This event was set up by Gwanak-gu to help promising startups from all over Korea get money for their businesses and attract investors. It’s the first of...
Korean SMEs Bridge Developer Gap with Indian Tech Talent Initiative
South Korea’s Ministry of SMEs and Startups (MSS) has taken a significant step to address the software developer shortage faced by Korean small and medium-sized enterprises (SMEs) by linking them with a large pool of Indian tech talent. On May...
Korea's Global Fund Program Attracts Record 79 Overseas VCs
A record-breaking 79 overseas Venture capital firms applied for this year’s global fund investment project launched by the Ministry of SMEs and Startups and Korea Venture Investment Corporation, generating unprecedented interest and resulting in a highly competitive ratio of 6:1....
Korea's LICORN Program Selects 160 Small Businesses
South Korea’s Ministry of SMEs and Startups has selected 160 small businesses from a pool of over 7,000 applicants for its ambitious Strong Small Business Growth Support Program, aimed at transforming traditional enterprises into global lifestyle and innovation companies valued...
South Korea Selects 50 'Baby Unicorn' Startups in 2025
South Korea’s Ministry of SMEs and Startups has announced the selection of 50 promising ‘baby unicorn’ startups as part of its ambitious 2025 Global Unicorn Project, marking a crucial milestone in the nation’s drive to cultivate world-class technology startups and...
South Korea's Beauty Industry Reaches Record-Breaking Heights in 2024
South Korea’s beauty industry achieved unprecedented success in 2024, with both production and export figures reaching historic highs, according to an analysis conducted by the Ministry of Food and Drug Safety on the country’s cosmetics production, export, and import performance....
Liberty Labs Secures KRW 13B to Tackle Korea's SME Succession Crisis
Liberty Labs, a South Korean M&A specialist dedicated to resolving succession challenges for small and medium-sized enterprises (SMEs), raised KRW 13 billion in a Pre-Series A funding round. The funding round was led by SBVA, with new investments from Smilegate...
Motorcycle Platform Baree Raises KRW 10.3 Billion in Series B
Baree corp, operator of the motorcycle finance and commerce platform Reitwagen, has secured 10.3 billion KRW in its Series B funding round. Major investors, including SV Investment, Smilegate Investment, Hyundai Technology Investment, and Strong Ventures, participated in this round. Baricorp...
Korean Virtual Asset Market Expands Sharply in H2 2024
The Korea Financial Intelligence Unit (KoFIU) released the results of its latest survey on the domestic virtual asset market, revealing substantial growth in key market indicators during the second half of 2024. The findings are based on data collected from...
S. Korea's Venture Investment Shows Strong Recovery in Q1 2025
South Korea’s venture investment and venture fund formation both recorded double-digit growth rates in the first quarter of this year, indicating a recovery in the investment ecosystem. According to data released by the Ministry of SMEs and Startups, venture investments...
Curestream Raises KRW 11B for Automated Insulin Delivery System
Seoul-based medical device startup Curestream has secured KRW 11 billion in Series A funding to advance its autonomous artificial pancreas system. The investment round attracted a mix of new and existing backers, including We Ventures, Korea Credit Guarantee Fund (KODIT),...
Two Unicorns Emerge from Super Gap Startup 1000+ Project
The Ministry of SMEs and Startups (MSS) hosted the 2025 Super Gap Startup Renovation Day at the Fairmont Ambassador Hotel in Yeongdeungpo-gu, Seoul, gathering over 300 participants including startup founders, executives from global corporations, venture capitalists, and industry experts. The...