[StartupRecipe] Korea’s Open Innovation Boom
#Weekly Funding Overview [Mar.22 ~ Mar.27] The total funds raised by Korean startups of this week is KRW 121.1 billion. Major Funding AI automated parking control system Parking Cloud has secured investment of KRW 25 billion. It is expanding its...
[StartupRecipe] Korean version of Silicon Valley 'Gangnam Valley'
#Weekly Funding Overview [Mar.15 ~ Mar.19] The total funds raised by Korean startups of this week is KRW 211.9billion. Major Funding Fashion platform Musinsa raised KRW 130 billion in new investments in a year and three months. Corporate value is...
[StartupRecipe] Startup Recipe to publish Korean Startup Funding Report 2020
#Weekly Funding Overview [Mar.8 ~ Mar.12] The total funds raised by Korean startups of this week is KRW 97.5 billion. Major Funding Allganize, the provider of NLP technology that allows enterprises to automate answering questions from millions of unstructured text...
[StartupRecipe] Salary Skyrocketing for Korean IT Developers
#Weekly Funding Overview [Mar.1 ~ Mar.5] The total funds raised by Korean startups of this week is KRW 76.1 billion. Major Funding December & Company Asset Management, which operates AI led investment ‘Fint’, has raised KRW 9.9 billion. The company...
[StartupRecipe] Contactless services on the rise after COVID
#Weekly Funding Overview [Fab.22 ~ Fab.26] The total funds raised by Korean startups of this week is KRW 85.9 billion. Major Funding Barogo, a logistics IT platform startup, will raise KRW 25 billion in investment from 11th Street and push...
[StartupRecipe] Altos Ventures, the top backer of Korean unicorns
#Weekly Funding Overview [Fab.15 ~ Fab. 19] The total funds raised by Korean startups of this week is KRW 382.1billion. Major Funding Clean energy solution Gridwiz raised KRW 50billion in a series C funding. The round brings the total capital...
[StartupRecipe] The second largest M&A deal in Korean startup history : Hyperconnect
#Weekly Funding Overview [Fab. 8~ Fab. 12] The total funds raised by Korean startups of this week is KRW 10.55 billion. Major Funding K-pop entertainment platform Makestar raised KRW 6 billion. The company, founded by one of FNC entertainment founding...
[StartupRecipe] Clubhouse booms in Korean startup scene
#Weekly Funding Overview [Fab. 1~ Fab. 5] The total funds raised by Korean startups of this week is KRW 39.2 billion. Major Funding Influential, the operator of the audiobook platform Welaaa, has raised KRW 25 billion won in Series-C investment....
[StartupRecipe] 5 Korean startups could be next unicorns
#Weekly Funding Overview [Jan. 18~ Jan. 22] The total funds raised by Korean startups of this week is KRW 73.8 billion. Major Funding Impact developer MGRV, which runs the co-living brand Mangrove, has raised KRW 15 billion Series B funding...
[StartupRecipe] 6 banks to accelerate startups in Korea
#Weekly Funding Overview [Jan. 18~ Jan. 22] The total funds raised by Korean startups of this week is KRW 30.5 billion. Major Funding Fintech startup Finda, provides mobile loan brokerage and management services. They raised KRW 11.5 billion in Series...
[StartupRecipe] 5 Korean startups to watch at CES2021
#Weekly Funding Overview [Jan. 11~ Jan. 15] The total funds raised by Korean startups of this week is KRW 33.83 billion. Major Funding Triple, a travel app, has closed KRW 20 billion in a series B funding round from multiple...
[StartupRecipe] Korean celebrities investing in startups
#Weekly Funding Overview [Jan. 4~ Jan. 8] The total funds raised by Korean startups of this week is KRW 89.7 billion. Major Funding Green Labs, a smart farm startup, raised KRW 20 billion. Founded in 2017, Green Labs operates a...
[StartupRecipe] Why Korean startups become attractive to foreign accelerators
#Weekly Funding Overview [Dec. 28~ Dec. 31] The total funds raised by Korean startups of this week is KRW 44.8billion. Major Funding LetinAR, a startup developing optical solution for AR glasses, has closed a KRW 8 billion series B funding...
[StartupRecipe] 5 rising Korean alternative food startups
#Weekly Funding Overview [Dec. 21~ Dec. 25] The total funds raised by Korean startups of this week is KRW 67.5 billion Major Funding Cupix, a cloud-based software company that develops a state-of-the-art 3D virtual tour solution has raised KRW 13 billion in a...
[StartupRecipe]Korean government’s efforts to nurture Korean next unicorns
#Weekly Funding Overview [Dec. 14~ Dec. 18] The total funds raised by Korean startups of this week is KRW 36.35 billion. Major Funding Rounge Lab, a retail tech startup raised KRW 3billion led by Humax and TBT. The company innovates user...
[StartupRecipe] How similar to real life of startup is K-Drama Start-Up
#Weekly Funding Overview [Dec. 7~ Dec. 11] The total funding of this week is KRW 110 billion. Major Funding Simple Payment Service Provider CHAI Corporation made Series B funding worth of KRW 70 billion. Hanwha Investment & Securities led this investment...