3D Printing Startup MADDE Raises KRW 11B
MADDE, a 3D printing startup spun off from Hyundai Motor Company, has secured KRW 11 billion (approximately $8.2 million) in Series A funding. The investment round was participated in by DSC Investment, Schmidt, Atnum Investment, Company K Partners, Intervest, and...
Deeptech Startups Pitch at Startup-BuS IR Event
“Just like surfing needs waves, startups need waves to grow. And the biggest wave right now is AI,” stated Kim Min-ju, director of Storm Ventures, at the Deep Tech AI Conference: Startup-BuS Program held April 10th at the Pangyo Startup...
Korean Startup Investment Rebounds in March
Investment in Korean startups rebounded significantly in March 2025, with KRW 495.8 billion flowing into the ecosystem. While this represents a slight decrease compared to March 2024, it marks a substantial 62% increase from February 2025, helping the first quarter...
Korea Invests KRW 3.6 Trillion in Deep Tech in 2024
In 2024, total venture investment in 10 deep tech sectors in Korea reached KRW 3.6 trillion, reflecting a 34% increase compared to 2023. This marks the largest investment scale in the past five years, signaling a growing interest from investors...
Food Tech Startup Medisolar Secures KRW 13B in Series A Funding
Medisola, a Seoul-based food tech startup specializing in personalized food care solutions, has raised KRW 13 billion in Series A funding. The round was co-led by Premier Partners, Samsung Venture Investment, and Red Badge Pacific. Founded in 2021 by a...
Alternative Protein Startup INTAKE Raises KRW 13.5B in Series C Funding
Seoul-based bio and food tech company INTAKE has raised KRW 13.5 billion in Series C funding to accelerate its alternative protein business. Notable participants in the Series C round include HB Investment, CJ Investment, Woori Venture Partners, KDB Sanyeon Capital,...
Waste Management Startup Reco Secures KRW 58.5 billion
South Korea-based waste management startup Reco has secured KRW 58.5 billion in Series C funding to enhance its technology-driven waste processing solutions. The funding round was led by Ingka Investments, the investment arm of Ingka Group, with additional backing from...
Seoul Invests 13.8 Billion Won in BioHub to Boost Biotech Innovation
The Seoul Metropolitan Government has invested 13.8 billion won in the Seoul BioHub, a specialized facility in Hongneung dedicated to fostering the biotech and medical industries. This initiative aims to support promising startups throughout their entire development cycle—from discovery and...
AI Startup Wrtn Technologies Secures KRW 108 Billion in Series B Funding
Artificial intelligence service platform Wrtn Technologies has secured an additional 830 million KRW in funding, completing its Series B round at a total of 108 billion KRW. This latest investment brings Wrtn Technologies’ cumulative funding to approximately 130 billion KRW....
Kakao Ventures Backs Seven Logistics Startups
Kakao Ventures, a leading early-stage investor in startups, hosted a Brown Bag Meeting at Maru360 in Yeoksam-dong, Seoul, on the 27th. This recurring networking event connects Kakao Ventures-backed startups with media representatives. This session was themed KV Logistics Family Going...
Legal AI Startup BHSN Secures KRW 10 Billion in Series B Funding
South Korean legal AI startup BHSN has raised 10 billion KRW in a Series B funding round. The investment was led by existing backer Altos Ventures, with new participation from Korea Development Bank and Woori Financial Capital. This latest funding...
D.Camp selects Batch2 Startups
D-Camp has selected the second cohort of its startup support program and recently held the first orientation for the new batch. Last year, D-Camp introduced “D-Camp 2.0” and transitioned to a batch-based system designed to support startups from the pre-Series...
Seoul to Support 1,000 Startups Through Campus Town
The Seoul Metropolitan Government is investing 21.2 billion won this year to support 1,000 startups across 20 universities through its campus town initiative. The program is designed to provide structured support, equipping student and alumni entrepreneurs with the necessary resources...
Anthropic Expands into Asia-Pacific, Including Korea
Anthropic held its first official event in South Korea, the Korea Builder Summit, on March 19 at Signiel Seoul in Jamsil, Seoul. Co-hosted by AI reliability company Coxwave, the event aimed to foster engagement with Korean developers and featured key...
Daejeon Startup Park Opens to Support Local Startups
Daejeon Startup Park, a new innovation cluster designed to support startups, has officially opened. Established by the Ministry of SMEs and Startups in collaboration with the city of Daejeon, it is the second startup park in South Korea following the...
Busan Unveils Key Funding Strategies for Local Startups
Busan City has announced a detailed investment support strategy aimed at fostering a thriving venture ecosystem, covering the entire lifecycle of startups from early-stage growth to scale-ups and IPOs. As part of its long-term vision, the city plans to establish...