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...
S. Korea Enacts World-First AI Law Amid Industry Concerns
South Korea officially implemented the AI Basic Act on January 22nd, marking a global milestone. While the European Union (EU) passed the world’s first AI law in 2024, it deferred high-risk regulations until late 2027. This move positions South Korea...
Design & Practice Secures KRW 15.1 Billion
Design & Practice, the operator of the automotive lease and rental management platform Chazm, has secured KRW 15.1 billion KRW in a Series A funding round. This latest financial milestone brings the company’s total cumulative investment to KRW 19 billion...
Korea-China Venture Startup Summit Held in Shanghai
The Korea-China Venture Startup Summit was held on in Shanghai, bringing together policymakers, entrepreneurs, and investors to strengthen cooperation across the venture and startup ecosystem. Hosted by the Ministry of SMEs and Startups (MSS) at the Shanghai International Convention Center...
K-Startups Build Global Presence at CES 2026
Korean startups achieved strong results at CES 2026, winning major awards and securing significant business opportunities at the world’s largest technology exhibition. At the K-Startup Pavilion in Las Vegas (January 6-9), 81 Korean startups showcased cutting-edge technologies to global investors,...
Korea Opens Startup Venture Campus in Silicon Valley
A Startup Venture Campus (SVC), a hub center supporting Korean startups, has opened in Silicon Valley. The SVC will house public institutions including Korea Venture Investment Corporation, Korea SMEs and Startups Agency, Korea Institute of Startup & Entrepreneurship Development, and...
AFINIT Secures $75M in Venture Debt Financing
Afinit, a fintech company operating the Indian financial platform True Balance, announced that it has secured $75M (KRW 110 billion) in venture debt funding. This significant investment comes from Community Investment Management (CIM), a US-based impact investment firm known for...
Korea to Provide KRW 4.43 Trillion in Policy Financing for SMEs in 2026
South Korea will channel more than KRW 4.4 trillion ($2.97 billion) into policy financing for small and medium-sized enterprises next year, as the government steps up efforts to support innovation, regional growth, and financial stability amid a challenging global environment. The...
Superb AI raises KRW 14 billion in pre-IPO round
Vision AI solutions provider Superb AI has secured KRW 14 billion in a pre-IPO funding round as it prepares for a public listing in 2026. The company offers an all-in-one platform designed to automate and streamline the development of artificial...