Beyond Seed, Mashup Ventures Launched
Mashup Angels, an investment firm dedicated to nurturing early-stage startups, is rebranding itself as Mashup Ventures. This name change reflects the firm’s commitment to scaling up its investments in response to the burgeoning Korean startup ecosystem, with a particular emphasis...
Fintech Unicorn Toss ready for IPO
Fintech company Viva Republica, operator of Toss, is gearing up for its upcoming initial public offering (IPO) and has finalized its choice of underwriters. Korea Investment &Securities and Mirae Asset Securities will serve as the lead underwriters, while Samsung Securities...
Korea's largest Startup Community Hosts New Year's Party
Korea Startup Forum (KSF), the largest startup community in Korea, hosted the ‘Spa(Startup fighting) Land’ New Year’s Party. The event aimed to bring together active members and partners in the startup ecosystem, providing a networking platform for mutual support and...
AI chipmaker Rebellions Closes $124M
AI chipmaker Rebellions announced that it has closed its Series B funding round, securing $124 million. This latest funding boost brings Rebellions’ total capital raised to an impressive $200 million in just three and a half years, solidifying its position...
D.camp hosts Jan. D-Day
Banks Foundation for Young Entrepreneurs, D.camp hosted its January D-Day event, a monthly startup IR. Starting this year, the event is set to proceed with a flexible format, featuring startup IR and lectures without the selection of winning Startups. On...
Asan Voyager seek for early startups
The Asan Nanum Foundation is now accepting applications for ‘Asan Voyager Batch 2,’. This program aims to assist Korean early-stage startups in entering the U.S. market. Selected startups will receive support ranging from long-term stay expenses in the U.S. to...
Korea Startup Forum to Host BUSAN Slush'D 2024 on June
The Korea Startup Forum will host BUSAN Slush’D 2024, a spin-off event of Slush, at BEXCO in Busan on June 25th. The event, which will be held for the second time, is designed to revitalize the local startup ecosystem and...
20 Deep Tech Startups Aiming for the Global Market
The Korean government held the ‘Super Gap Startup IR’ event in Silicon Valley, USA, from the 15th to the 16th to support 20 deep-tech startups aiming to enter the global market. The startup fields covered system semiconductors, bio (new drugs/medicine),...
Startup Korea Fund Seeks 500 Billion Won
The Ministry of SMEs and Startups is set to initiate talks with private investors for a collaborative effort in financing the Startup Korea Fund. The government envisions establishing a 2 trillion won fund over the next four years, with an...
Sparklabs selected 4 startups for batch 22
SparkLabs, the startup accelerator, has unveiled the chosen participants for its Batch 22 program and officially launched its incubation initiative. With over 250 early-stage startups vying for a spot in Batch 22, SparkLabs has handpicked four innovative companies specializing in...
2024 Super Gap Startup 1000+ Project Launched
The Ministry of SMEs and Startups announced the opening of the 2024 Super Gap Startup 1000+ Project. This ambitious initiative is designed to provide crucial R&D support to promising startups equipped with distinctive technologies within 10 new industries. This year,...
116 K-Startups Sweep CES 2024 Innovation Awards
A record-breaking 116 Korean ventures and startups are expected to receive innovation awards at the world’s largest IT exhibition, CES 2024, to be held in Las Vegas, USA, from January 9th to 12th. Of these, 91 firms have received government...
7 Best tourism startups of 2023
The best tourism startups of 2023 have been selected. The Ministry of Culture, Sports and Tourism, in collaboration with the Korea Tourism Organization, recognized and awarded 34 startups that demonstrated outstanding achievements in the tourism sector at the 2023 Tourism...
South Korea Unleashes Largest-Ever Startup Support
The South Korean government is supporting startups through the KRW 3.71 trillion 2024 Startup Support Program. 99 organizations will participate in the program, with 397 startup support projects. This year’s total budget is KRW 3.71 trillion, up KRW 51.4 billion...
14 Korean Startups Partner with OpenAI
Fourteen Korean startups are collaborating with OpenAI. The Ministry of SMEs and Startups organized the ‘K-Startup and OpenAI Matching Day,’ which saw the participation of 42 startups, executives from OpenAI, and A.I. experts. Through presentation evaluations, 14 companies were selected....
New Ministry of SMEs sworn in
The fifth Ministry of SMEs and Startups, Oh Youngju, took office on January 2. The Ministry of SMEs and Startups announced that it held an inauguration ceremony for the fifth minister, Oh Youngju, at the Aulim Hall on the fourth...