Enterprise AI data infrastructure GraphAI Secures KRW 17 Billion Series A
GraphAI, a South Korean enterprise AI data infrastructure company, has closed a Series A round of KRW 17 billion , bringing its cumulative capital raised to KRW 20.6 billion. The round was led by K2 Investment Partners, with A Ventures...
AI data-center infrastructure Point2 Technology Closes $136M Series B
Point2 Technology, a South Korean deep-tech startup born out of a KAIST research lab, has completed an extension of its Series B funding round led by Korean venture capital firm LB Investment, with UK chipmaker Arm joining as a new...
Awesomeray Raises KRW 7.5 Billion Series B
Awesomeray, a South Korean advanced materials company developing carbon nanotube (CNT)-based technology, has secured KRW 7.5 billion in a Series B bridge round. The round drew participation from S&S Investment, Wonik Investment Partners, Hanwha Investment & Securities, Re Investment, L&S...
Webtoon Entertainment Acquires 60% of RI Games Holdings for $100 Million to Turn Webtoon IP Into Games
Webtoon Entertainment, the Nasdaq-listed U.S. parent company of Naver Webtoon, has signed a definitive agreement to acquire a 60% stake in South Korean game developer RI Games Holdings for approximately $100 million (roughly KRW 142 billion), marking the company’s first...
N.Light Raises KRW 15 Billion to Scale Physical AI Data Infrastructure
N.Light, a South Korean physical AI data company, has secured KRW 15 billion in new funding. The round was led by the Korea Development Bank (KDB). Existing investors Naver D2SF, IMM Investment, and Capstone Partners returned with follow-on investments, while...
Bunker Kids Raises KRW 15 Billion Series A for AI Character Chat Platform WHIF
Bunker Kids, a South Korean company that operates AI character chat service WHIF, has secured KRW 15 billion (approximately $11 million) in Series A funding. The round drew participation from eight investors: Kolon Investment, Kakao Ventures, Mirae Asset Capital, We...
Cross boarder Commerce Startup SAZO Raises KRW 15.2 Billion Series A
SAZO, a South Korean-founded, Nagoya-based AI cross-border commerce startup, has closed a Series A round of KRW 15.2 billion, and combined with additional credit-based financing from major Japanese financial institutions, has secured total funding of KRW 29.5 billionin this round....
Eyewear startup Coptiq Raises KRW 10 Billion Pre-IPO Round
Coptiq, a South Korean company behind personalized eyewear brand Breezm, has secured KRW 10 billion in Pre-IPO funding from Seven Bridge Private Equity, bringing its cumulative capital raised to KRW 29 billion. The investment was structured as KRW 7 billion...
Blue Elephant Raises KRW 100 Billion Series A
Blue Elephant, a South Korean contemporary eyewear brand, has secured KRW 100 billion in Series A funding from global private equity firm Affinity Equity Partners Korea, valuing the company at roughly KRW 400 billion. Blue Elephant signed a stock purchase...
Logistics startup Techtaka Raises KRW 18 Billion
Techtaka, a South Korean company that operates the global integrated logistics platform ARGO, has closed a follow-on funding round of KRW 18 billion, bringing its cumulative capital raised to more than KRW 45 billion. The round drew follow-on participation from...
READi Robust Machine Raises KRW 13.4 Billion Series B for Heavy-Equipment Energy Recovery Tech
READi Robust Machine, a South Korean hardware startup based in Busan developing energy-recovery systems for heavy construction equipment, has closed a Series B round of KRW 13.4 billion. The round brings the company’s cumulative funding since its 2022 founding to...
VivaInnovation Raises KRW 15 Billion Series C Raises KRW 15 Billion Series C
VivaInnovation, a South Korean company that operates digital healthcare platform Good Doctor, has secured KRW 15 billion in Series C funding. The round drew participation from several leading Korean investment firms as new backers, including Aju IB Investment, LB Investment,...
Step Lab Closes KRW 11 Billion Series A to Scale Space Mechanism Technology
Step Lab, a Korean space-mechanism and small-satellite systems company, has closed a Series A funding round totaling KRW 11 billion. The round was backed by seven investors: Company K Partners, Kolon Investment, IBK Venture Investment, Mirae Asset Venture Investment, SL...
Modhaus Raises KRW 10 Billion in Series B Extension
Modhaus, a Korean fan-participatory entertainment company behind K-pop acts tripleS, ARTMS, and idntt, has secured KRW 10 billion in fresh funding from Atinum Investment. The new capital comes as an extension of Modhaus’s existing Series B round with Atinum Investment...
Google for Startups Accelerator Korea showcases 14 AI startups at demo day
Google for Startups Accelerator Korea wraps up fifth cohort with demo day spotlighting 14 AI startups Google has successfully concluded the 2024 cohort of its Google for Startups Accelerator program in Korea, which has been running since April, and hosted...
Holiday Robotics raises KRW 155 billion in record Series A funding
South Korean humanoid robotics startup Holiday Robotics has secured KRW 155 billion in Series A funding, a round reported as one of the largest Series A financings in Korea’s startup history and the biggest for a domestic humanoid robotics company....