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....
Veramore Secures Rakuten Capital Investment as its First K-Beauty Portfolio Company
Antiaging skincare brand Veramore today announced that it has successfully completed its Pre-Series A funding round, led by Rakuten Capital with follow-on participation from Strong Ventures.This partnership is particularly significant as it represents Rakuten Capital’s first investment in a K-beauty...
TwelveLabs raises $100M to build Video Superintelligence
TwelveLabs, a South Korean-founded video AI company, has closed a Series B round of $100 million, co-led by NEA and Naver Ventures. The round pushes the company’s total funding raised to over $200 million. The round was jointly led by...
South Korea's 'Startup for All' Hacked, 5,000 Applicants Exposed
South Korea’s SME Ministry Holds Briefing on ‘Startup for All’ Data Breach South Korea’s Ministry of SMEs and Startups held an official briefing on Monday to address a personal data breach involving its flagship startup platform ‘Startup for All,’ outlining...
10 Korean Brands Take K-Beauty Glow Week to Rome in Push for European Market
The Ministry of SMEs and Startups (MSS) held K-Beauty GLOW WEEK in Rome on June 12-13 in the Italian capital, an event designed to support the European market entry of outstanding Korean consumer goods brands. The Rome event is the latest...
NextRise 2026 Draws Global AI Giants Including OpenAI and Palantir
Asia’s premier startup fair, NextRise 2026, Seoul, officially kicked off at COEX in Gangnam on 18th drawing over 1,100 startups and 270 corporate and investor partners from 30 countries for a two-day showcase of global innovation. Now in its 8th...
KOSDAQ Overhaul Draws Fire
Three of South Korea’s leading venture and startup associations jointly called on financial regulators to reconsider the proposed KOSDAQ restructuring, warning that the current reform plan fails to account for the unique nature of innovation-driven companies. The Korea Venture Business...
South Korea's 'Startup for All' Program Kicks Off With 5,000 Selected From 63,000 Applicants
South Korea Launches Mass Entrepreneurship Program as 5,000 Selected From 63,000 Applicants South Korea’s largest government-backed startup initiative has officially kicked off, with 5,000 participants chosen from a pool of 63,000 applicants to begin a structured entrepreneurship program backed by...
Korean Space Launch Startup Unastella Raises 33.5 Billion Won in Series B Round
Unastella, a South Korean space launch vehicle startup and the first private company in Korea to successfully launch a self-developed rocket, has closed a 33.5 billion won SeriesB funding round, bringing its total cumulative investment to 61.5 billion won. The...
LetinAR Raises KRW 27.8 Billion in Pre-IPO Round to Scale AI Glasses Optics
LetinAR, a South Korean startup specializing in optical modules for AI glasses, announced on May 19, 2026 that it has secured 27.8 billion won in a pre-IPO funding round. With this raise, the company’s total cumulative investment has surpassed 62.5...
Dunamu Raises KRW 612 Billion From Samsung Group
Dunamu, the operator of South Korea’s largest cryptocurrency exchange Upbit, has secured 612.8 billion won ($443 million) in a strategic equity investment from three Samsung Group affiliates. Samsung Securities, Samsung SDS, and Samsung Card jointly acquired a 4% stake in...
South Korea Opens SVC Seoul, the Largest Startup Hub in Korea, Near Hongik University
South Korea’s Ministry of SMEs and Startups officially opened Startup Venture Campus Seoul — known as SVC Seoul — on May 20, 2026, near Hongik University Station in Mapo-gu, Seoul. Modeled after Paris’ Station F, the world’s largest startup campus,...