KODIT Selects Five Potential Unicorns for 2025 'Innovation Icon'
The Korea Credit Guarantee Fund (KODIT) has named five cutting-edge startups as the 14th cohort of its Innovation Icon program, announced on November 7, 2025. The initiative aims to support high-growth companies with the potential to become Korea’s next unicorns....
Asan Nanum Foundation Hosts 2025 Chung Ju-yung Startup Competition Demo Day
The Asan Nanum Foundation held the 2025 Chung Ju-yung Startup Competition Demo Day on October 29 at the COEX Grand Ballroom in Seoul, marking the 14th anniversary of Korea’s largest private startup competition. The event brought together 1,500 attendees to...
2025 Global DIPS Tech Con Draws 2,000 Global Participants as APEC Side Event
The 2025 Global DIPS Tech Con, South Korea’s flagship technology forum for deep tech startups, concluded on October 29 after a two-day run at the Walkerhill Hotel in Seoul. The conference, which ran from October 28-29, was jointly organized by...
LG Electronics Invests KRW 10 Bln in South Korea's Laundrygo
LG Electronics Inc said on Wednesday it has invested KRW 10 billion in Lifegoeson, the operator of mobile laundry platform Laundrygo, as the South Korean appliance maker seeks to expand beyond hardware sales into comprehensive service solutions. The strategic investment...
3 Foreign Startups Expose the Real Difficulties of Entering Korean Market
Three international startups offered candid insights into the realities of breaking into South Korea’s competitive market during the Global Startup Playground event held on October 24th by the Seoul Metropolitan Government and Seoul Center for Creative Economy & Innovation. The...
Korean Fandom Platform b.stage Raises KRW 21 Billion from Goodwater Capital
Bemyfriends, a Korean fandom platform provider, has raised KRW 21 billion ($15 million USD) from Silicon Valley venture firm Goodwater Capital. The investment comes just a month after bemyfriends secured funding from BRICKS FUND TOKYO, a Mitsubishi-affiliated fund in Japan....
South Korea Unveils 5-year Plan to Support Female Founders
South Korea’s Ministry of SMEs and Startups announced on the 22nd the Second Basic Plan for Promoting Women’s Business Activities, a comprehensive framework designed to systematically support women entrepreneurs throughout their entire business lifecycle, from startup to growth and global...
Payment Solution Travel Wallet Secures KRW 16.1 Billion
Travel Wallet, a South Korean fintech startup focused on cross-border payment solutions, has closed a KRW 16.1 billion funding round led by Kiwoom Investment and Hanwha Investment & Securities. The investment comes on the heels of Travel Wallet’s inclusion in...
South Korea Showcases K-Tech Startups at GITEX 2025
The South Korean government has made a significant push at GITEX 2025 in Dubai by establishing a unified Korea Pavilion to showcase a record number of domestic startups and foster their global expansion into the Middle East. Running from October...
Gyeonggi Startup Summit 2025 Aims to Ignite "Third Venture Boom"
The Gyeonggi Startup Summit 2025 was held from October 1 to October 2 at the Suwon Convention Center in Gwanggyo, establishing itself as a key international investment fair for promising startups. Hosted by Gyeonggi Province and organized by the Gyeonggi...
Rebellions Secures $250M from Arm and Samsung
Rebellions, Asia’s fastest-growing AI inference chip company, announced today that it has raised $250 million in a Series C round, bringing its valuation to $1.4 billion. The company states that this funding will accelerate its roadmap for efficient, large-scale AI...
Korean Content Agency Hosts Startup:CON 2025 with Focus on AI and Content Industry Convergence
The Korea Creative Content Agency (KOCCA) held its 11th annual Startup:CON 2025 event from September 25-26 at Peaches Dowon in Seoul’s Seongsu-dong district. The two-day conference brought together domestic and international startups, global leading companies, and investors to diagnose the...
Korea Blockchain Week 2025 Wraps Up with Record-Breaking Attendance
Korea Blockchain Week (KBW) 2025, one of Asia’s premier blockchain and Web3 festivals, concluded on September 28 after a week of events that underscored its significant growth and global influence. Held from September 22 to 28, the event brought together...
New K STAR visa promises faster route to permanent residency for STEM graduates
South Korea has launched a new K STAR visa track that fast tracks long term residency for outstanding international STEM talent graduating from designated universities and expands eligibility beyond a small group of science institutes to a broader set of...
Hyundai ZER01NE DAY 2025 showcases 20 creator and startup projects
Hyundai Motor Group’s creative platform ZER01NE hosted ZER01NE DAY 2025 from September 17 to 21 at Hyundai Seongsu in Seoul under the theme ZER01NE 0RB1T, which spotlighted how creators, startups, and in-house innovators moved along distinct orbits while interacting across...
LG held SUPERSTART DAY 2025 to showcase its backed deep tech startups
LG hosted its eighth annual open innovation festival, Superstart Day 2025, from September 17 to 18 at the LG Sciencepark in Magok, Seoul. The event, held under the theme Jump Beyond: Innovation Beyond Dimensions, served as a platform for LG...