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[StartupRecipe]8 Korean Startups Expanding into Japan

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...

2023/03/28

[StartupRecipe] Investor Interest in Fashion Startups Remains High

#Weekly Funding Overview [Mar. 20 ~ Mar. 24] The total funds raised by Korean startups of this week is KRW 125.3 billion. Major Funding Kream, a resell platform, has secured an additional KRW 50.6 billion to complete its Series C...

2023/03/21

[StartupRecipe] The Middle East Emerges as a New Market for Korean Startups

#Weekly Funding Overview [Mar. 13 ~ Mar. 17] The total funds raised by Korean startups of this week is KRW 74.7 billion. Major Funding TravelWallet, a global payment service, has raised KRW 19.7 billion in Series C funding. The service,...

2023/03/14

[StartupRecipe] The Rise of Generative AI Services in Korea

#Weekly Funding Overview [Mar. 6 ~ Mar. 11] The total funds raised by Korean startups of this week is KRW 74.7 billion. Major Funding 4th CREATIVE PARTY, an animation and visual special effects (VFX) production company that has contributed to...

2023/03/07

[StartupRecipe] February Sees Steep Drop in South Korean Startup Funding, Indicating Tough Times Ahead

#Weekly Funding Overview [Feb. 27 ~ Mar. 3] The total funds raised by Korean startups of this week is KRW 28.8 billion. Major Funding Fadu, a fabless semiconductor company, has accomplished a milestone by securing KRW 12 billion in pre-IPO...

2023/02/28

[StartupRecipe] Factors Driving the Growth of the Secondhand Market

#Weekly Funding Overview [Feb. 20 ~ Feb. 24] The total funds raised by Korean startups of this week is KRW 43.15 billion. Major Funding Guhada, a luxury goods distribution platform, raised KRW 8 billion in funding, increasing its total investment...

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