[StartupRecipe] Funding in Female-Led Startups Shows Decline Over 3 Years
#Weekly Funding Overview [Dec. 16~ Dec. 20] #Major Funding CLO Virtual Fashion secures 50 billion KRW in investment. The company develops 3D clothing design software ‘CLO’ and ‘Marvelous Designer,’ which are currently used by global fashion giants such as Hugo...
[StartupRecipe] Korean PropTech Startups Face Funding Crunch in 2024
#Weekly Funding Overview [Dec. 9~ Dec. 13] #Major Funding Hyperxcel has Secured 45 Billion Won in Strategic Investment. Hyperxcel, a technology company developing a semiconductor processor called ‘LPU’ (Latency Processing Unit) specifically designed for super-scale AI platforms like ChatGPT, is...
[StartupRecipe] Logistics Startup Investments in Korea Double in 2024
#Weekly Funding Overview [Dec. 2~ Dec. 6] #Major Funding Nuua, a developer of back-office systems for the airline industry, has raised KRW 13 billion in funding. The company automates ticketing operations such as reservations, cancellations, and refunds, which were previously...
[StartupRecipe] Funding Continues to Flow in B2C Platform
#Weekly Funding Overview [Nov. 25~ Nov. 29] #Major Funding Baropharm, a comprehensive platform provider for pharmacy management, has secured a new investment of KRW 19 million, bringing its total accumulated investment to KRW 40 million. The company specializes in digital...
[StartupRecipe] S. Korean Edtech Investment Shows Signs of Recovery in 2024
#Weekly Funding Overview [Nov. 18~ Nov. 22] #Major Funding Panmnesia, a fabless startup focused on Compute Express Link (CXL) technology, has raised KWR 80 billion, securing a valuation of KRW 340 billion. The company, known for its high-performance switch chips...
[StartupRecipe] Autonomous Driving Tech Leads Mobility Sector funding in Korea
#Weekly Funding Overview [Nov. 11~ Nov. 15] #Major Funding Luxury watch trading platform Viver raised KRW 15 billion to scale its operations. The company has tripled its growth year-over-year and surpassed KRW 100 billion in cumulative transactions. The funding will...
[StartupRecipe] Korean Fintech Funding Crashes 82%, but Long-term Growth Prospects Remain Bullish
#Weekly Funding Overview [Nov. 4~ Nov. 8] #Major Funding Soombit AI has raised 5 billion KRW in seed funding from Altos Ventures. Founded by a team previously engaged in chest X-ray interpretation AI development at Kakao Brain, Soombit AI is...
[StartupRecipe] K-Content Startups See Surge in Investments, Entertain-Tech Takes the Lead
#Weekly Funding Overview [Oct. 28~ Nov. 1] The total funds raised by Korean startups of the week is KRW 56 Billion. #Major Funding Rideflux has secured a 20 billion KRW investment. Founded in 2018, this startup develops autonomous driving software...
[StartupRecipe] TIPS Program Leads Korea's Startup Investments Amid Investment Winter
#Weekly Funding Overview [Oct. 21~ Oct. 25] The total funds raised by Korean startups of the week is KRW 193.45 Billion. #Major Funding Ably Corporation has secured a significant investment of 100 billion won through a mix of new and...
[StartupRecipe] Marine Tech Startups Riding the Wave of Blue Economy Growth
#Weekly Funding Overview [Oct. 14~ Oct. 18] The total funds raised by Korean startups of the week is KRW 73.6 Billion. #Major Funding Curiosis, a leader in lab automation, has secured pre-IPO funding. The company’s flagship product is the world’s...
[StartupRecipe] Korean AI Startups to Watch in 2024
#Weekly Funding Overview [Oct. 7~ Oct. 11] The total funds raised by Korean startups of the week is KRW 148.8 Billion. #Major Funding Makestar, a leading entertainment tech company, has secured KRW30 billion in a recent funding round. Established in...
[StartupRecipe] S.Korean Startup Investment Rebounds in Q3
#Weekly Funding Overview [Sep. 30~ Oct. 4] The total funds raised by Korean startups of the week is KRW 56.5 Billion. #Major Funding AI startup MarkVision has raised KRW 22 billion in fresh funding, completing its KRW 50 billion Series...
[StartupRecipe] Government Support Fuels Rapid Growth in Aerospace Startups in Korea
#Weekly Funding Overview [Sep. 23~ Sep 27] The total funds raised by Korean startups of the week is KRW 15.7 Billion. #Major Funding WeMeet Mobility raised 20 billion KRW in funding. The company operates AI mobility solution “Luti” and specializes...
[StartupRecipe] Korean Climate Tech Funding Jumps 148%
#Weekly Funding Overview [Sep. 16~ Sep 20] The total funds raised by Korean startups of the week is KRW 15.7 Billion. #Major Funding SsenStone, an authentication security startup, has raised 6 billion KRW in funding. Founded in 2015, the company...
[StartupRecipe] K-Beauty Boom Sparks Growth in Startups
#Weekly Funding Overview [Sep. 9~ Sep 13] The total funds raised by Korean startups of the week is KRW 277 Billion. #Major Funding Spoon Labs, a content platform known for its audio streaming service ‘Spoon’ and short-form drama platform ‘V-Glue,’...
[StartupRecipe] 3 Key Sectors Attract Investors Despite Consumer Tech Slowdown
#Weekly Funding Overview [Sep. 2~ Sep 6] The total funds raised by Korean startups of the week is KRW 61.45 Billion. #Major Funding Vinssen, an eco-friendly marine mobility solutions provider, has secured a 20 billion KRW investment. The company focuses...