Korea Startup Fund 2025 Launches to Inject Billions into Startups with Private Sector Drive
The launch ceremony for the Startup Korea Fund 2025 was held in Seoul on Wednesday, April 24, with the participation of key investors and stakeholders. The Startup Korea Fund is a new initiative established through collaboration among large corporations, financial...
Jump-Up Program 2025 Kicks Off
The Ministry of SMEs and Startups (MSS) held the launch ceremony for the 2025 Jump-Up Program on April 23 at the Shilla Hotel in Seoul, marking the official start of an ambitious initiative to nurture promising small and medium enterprises...
S. Korea Backs 34 Venture Funds to Boost H2 Investment
The Ministry of SMEs and Startups has announced the selection of 34 venture funds totaling KRW 753.8 billion under its 2025 Fund of Funds program. Out of this total, the ministry has committed KRW 374.7 billion in capital, with most...
Seoul Beauty Hub Opens to Propel K-Beauty onto the Global Stage
The Seoul Metropolitan Government has officially opened the Seoul Beauty Hub, a comprehensive support platform designed to propel promising K-beauty companies onto the global stage. Located on the third floor of the DDP Fashion Mall in central Seoul, the Hub began pilot operations in late February...
S. Korea Launches $200M Global Fund with U.S. VCs
South Korea’s Ministry of SMEs and Startups (MSS) has announced the establishment of a $200 million (KRW 292.6 billion) global fund in partnership with three U.S.-based venture capital firms—Third Prime Capital, Patron Management, and ACVC Partners. As part of the...
S. Korea Launches KRW 40 Billion K-Beauty Fund to Boost Global Expansion
South Korea’s Ministry of SMEs and Startups (MSS) has officially launched the K-Beauty Fund, a public-private initiative aimed at accelerating the global expansion of Korean beauty brands and tech startups. The launch event, held at the Westin Chosun Hotel in...
S.Korea Backs Chip Industry to Strengthen Global Edge
The South Korean government has announced a significant increase in fiscal investment to support domestic companies facing challenges in the global semiconductor race. The government will expand its investment in the semiconductor industry from 26 trillion won to 33 trillion...
RLWRLD raises KRW 21 B to build a robotics foundation models
RLWRLD, a robotics AI software startup, has secured KRW 21 billion ($14.8 million) in seed funding, marking one of the largest seed investments for a South Korean startup. The investment round was led by prominent venture capital firms with participation...
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...