SBA to Launch Korean Startups Into 13 Global Markets
“We have set challenging KPIs to go beyond acceleration and achieve actual contract closings.” Kim Hye-kyung, Team Leader of Scale-up Team 1 at the Seoul Business Agency (SBA), made this statement at the ‘2026 Seoul Startup Hub Integrated Briefing’ held...
Korea Offers Up to KRW 80M to Foreign Startup Founders
Foreign entrepreneurs looking to launch or scale their businesses in Korea now have a new opportunity, as applications for the 2026 Global Startup Commercialization Program are officially open. The initiative is designed to draw high-potential founders from around the world,...
Korea's Fashion App Athler for Men Over 35 Raises KRW 10 Billion
Athler , a South Korean fashion platform targeting men aged 35 and above, has secured KRW 10 billion in a Series B funding round, its operator Bind announced today. The round was led by Company K Partners, with Laguna Investment...
Twinny Raises KRW 20.4 Billion in Series C
Twinny, an autonomous mobile robot (AMR) specialist has closed a Series C funding round totaling 20.4 billion won and announced plans to pursue an IPO within the year. Ato Investment served as lead investor in the round, joined by KT...
Primer Holds 27th Demo Day, Showcasing 9 Startups
Primer, one of South Korea’s leading early-stage startup accelerators, hosted its 27th Demo Day at the Korea Science and Technology Center’s international conference hall in Gangnam, Seoul. The event brought together a cohort of early-stage startups that had been selected...
SBA Hosts Open Innovation Partners Day, Bringing Together 12 Major Corporates
The Seoul Business Agency (SBA) held its Seoul Open Innovation Partners Day at COEX Startup Branch in Samseong-dong, bringing together 12 large corporations to share their open innovation strategies and collaboration plans with the startup community. Organized by Seoul Startup...
Mobiltech Raises KRW 13B in Pre-IPO Round to Lead Physical AI Era
South Korean spatial intelligence startup Mobiltech has completed a pre-IPO funding round of KRW 13 billion, as the company accelerates its push into the physical AI market ahead of a planned stock market listing. The round was backed by five...
South Korea Ranks 8th in Global Entrepreneurship Index
South Korea has maintained its position among the world’s top entrepreneurial ecosystems, ranking 8th out of 53 countries in the 2025 Global Entrepreneurship Monitor (GEM) survey, according to results released by the Global Entrepreneurship Research Association (GERA) on February 26....
Persona AI Raises KRW12 Billion in Pre-IPO Round
South Korean artificial intelligence company Persona AI has close of a pre-IPO funding round, raising KRW 12 billion. The latest round brings the company’s cumulative total investment to approximately KRW 41 billion. The round was joined by the Defense Innovation...
UVify Secures KRW 60 Billion in Korea's Largest-Ever Drone Investment
UVify, a South Korean startup specializing in drone swarm flight and autonomous flight platforms, has secured KRW 60 billion in new investment from venture capital firm Crit Ventures and NXC, the holding company of gaming giant Nexon. The funding round...
The Greet Raises KRW 12 Billion in Series B, to Targets 2028 IPO
South Korean reusable container circular solution startup The Greet has closed a Series B funding round of KRW 12 billion, exceeding its initial target of KRW 10 billion thanks to strong follow-on participation from existing investors and active commitments from...
South Korea Targets 100 Defense Startups by 2030
The South Korean government has announced a plan to foster 100 defense startups by 2030, including a target of cultivating 30 high-growth ventures with annual revenues exceeding KRW 100 billion. The Ministry of SMEs and Startups (MSS) and the Defense...
D.CAMP Holds D.Day 2.0 Showcasing Batch Program Startups
D.CAMP held D.Day 2.0 on January 29 at the Textile Center in Gangnam, Seoul, under the theme Breakthrough. The event showcased startups from its Batch program and facilitated connections between these companies, investors, and corporate partners. D.Day 2.0 operates as...
Korean Women-Led Businesses See Strong Growth in 2025
Women-led businesses in Korea recorded solid growth in 2024, with average revenue per company rising by 15 percent and net profit increasing by 9.3 percent year on year, according to the Ministry’s latest nationwide survey released on Monday. The findings come...
Innoxus Secures KRW14.2 Billion in Series A Funding
Innoxus, a medical aesthetic device startup has secured KRW14.2 billion in Series A funding. The round was led by Altos Ventures, a venture capital firm known for backing high-growth Korean startups. This investment comes as the company continues to demonstrate...
AiderX Raises KRW10 Billion in Pre-Series A Funding
AiderX, an AI infrastructure solution startup has closed a Pre-Series A funding round worth 10 billion KRW. The funding round was supported by top-tier investors including Smilegate Investment, Altos Ventures, and the Korea Development Bank (KDB). Specializing in customer behavior...