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[StartupRecipe] Investments Flood into Electric Vehicle Charging Startups

2023/07/18

[StartupRecipe] Investments Flood into Electric Vehicle Charging Startups

#Weekly Funding Overview [July. 10~ July. 14] The total funds raised by Korean startups of this week is KRW 99.5 billion. Major Funding Electric vehicle charging platform EverOn attracts KRW 50 billion investment. With its high-growth charging infrastructure revenue and...

2023/07/11

[StartupRecipe] Three Sectors That Captured Investor Attention in the First Half of 2023

#Weekly Funding Overview [July. 3~ July. 7] The total funds raised by Korean startups of this week is KRW 171.7 billion. Major Funding Electric vehicle charging solution EVAR secures 22 billion won in investment. EVAR, a spin-off from Samsung Electronics’...

2023/07/04

[StartupRecipe] Metaverse Investments Plunge 70% in Korea

#Weekly Funding Overview [June. 26~ June. 30] The total funds raised by Korean startups of this week is KRW 48.85 billion. Major Funding Exobis, a company specializing in immersive content, has attracted a KRW 11.5 billion investment. With the investment,...

2023/06/27

[StartupRecipe] Taking Longer to Reach Series B Funding from A

#Weekly Funding Overview [June. 19 ~ June. 23] The total funds raised by Korean startups of this week is KRW 126.46 billion. Major Funding Levit, the operator of Allways, a team purchasing commerce platform, has secured KRW 60 billion in...

2023/06/20

[StartupRecipe]Investment Trends of H1 2023: Sectors That Stand Out Amidst Decline

#Weekly Funding Overview [June. 12 ~ June. 16] The total funds raised by Korean startups of this week is KRW 65.8 billion. Major Funding Fitpet, a pet healthcare company, has raised an additional investment of KRW 23 billion, completing a...

2023/06/13

[StartupRecipe]8 Korean Startups Expanding into Japan

#Weekly Funding Overview [June. 5 ~ June. 9] The total funds raised by Korean startups of this week is KRW 30.7 billion. Major Funding Company builder Fast Track Asia raises KRW 22 billion in investment from Krafton. With this investment,...

2023/06/06

[StartupRecipe] Did the Soonicorn Startups Achieve Unicorn Status?

#Weekly Funding Overview [May. 29 ~ June. 2 ] The total funds raised by Korean startups of this week is KRW 210.9 billion. Major Funding Beyond Music, a specialized investment and management company focusing on music intellectual property (IP), has...

2023/05/30

[StartupRecipe] South Korea's Government Backs Robot Startups for Unicorn Status

#Weekly Funding Overview [May. 22 ~ May. 26 ] The total funds raised by Korean startups of this week is KRW 83.55 billion. Major Funding Music copyright startup Music Cow has raised KRW 60 billion in investment, totaling KRW 214...

2023/05/23

[StartupRecipe] Rise in Startups Catering to Active Seniors

#Weekly Funding Overview [May. 15 ~ May. 19 ] The total funds raised by Korean startups of this week is KRW 122.1 billion. Major Funding Smart Food Networks, a startup specializing in B2B logistics and distribution, has secured an investment...

2023/05/16

[StartupRecipe] Korean Startups Founded by Women Are Diversifying

#Weekly Funding Overview [May. 8 ~ May. 12 ] The total funds raised by Korean startups of this week is KRW 8 billion. Major Funding WaveLifestyleTech, a food tech robotics company, has successfully raised KRW 4 billion in funding. Established...

2023/05/09

[StartupRecipe] Average Series A funding ticket size decreases

#Weekly Funding Overview [May. 1 ~ May. 5 ] The total funds raised by Korean startups of this week is KRW 1 billion. Major Funding AI-based data analytics firm Ziovision has secured KRW 1 billion in funding to complete its...

2023/05/02

[StartupRecipe] Series C Funding on the Decline

#Weekly Funding Overview [April. 24 ~ April. 28] The total funds raised by Korean startups of this week is KRW 45.1 billion. Major Funding ScatterLab has secured a strategic investment of KRW 15 billion from SK Telecom. The company specializes...

2023/04/25

[StartupRecipe] Risks Loom for M&A Market

#Weekly Funding Overview [April. 17 ~ April. 21] The total funds raised by Korean startups of this week is KRW 36 billion. Major Funding Golf practice brand Show Golf has raised investment and been valued at KRW 70 billion. Show...

2023/04/18

[StartupRecipe]South Korea's projected venture investment recovery in the first half of 2024

#Weekly Funding Overview [April. 10 ~ April. 14] The total funds raised by Korean startups of this week is KRW 63 billion. Major Funding Nudge Healthcare has secured its initial investment of KRW 30 billion. In 2017, the company released...

2023/04/11

[StartupRecipe] Investors Prioritize 3D and Metaverse in Content Startup Investment

#Weekly Funding Overview [April. 3 ~ April. 7] The total funds raised by Korean startups of this week is KRW 66.35 billion. Major Funding Birdview, a company that operates a mobile platform called Hwahae, has secured KRW 20 billion in...

2023/04/04

[StartupRecipe] Korean Startup Funding Drops 77% in Q1 Compared to 2022

#Weekly Funding Overview [Mar. 27 ~ Mar. 31] The total funds raised by Korean startups of this week is KRW 51.9 billion. Major Funding BigWave Robotics secures KRW9.8 billion investment in one year, bringing its total funding to KRW 11.3...

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