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...
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...