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[StartupRecipe] 5 Startups Driving Korea’s AI Ecosystem

2024/06/11

[StartupRecipe] 5 Startups Driving Korea's AI Ecosystem

#Weekly Funding Overview [June.3 ~ June. 7] The total funds raised by Korean startups of the week is KRW 205.2 Billion. #Major Funding TwelveLabs, an AI video understanding specialist, has secured a $50 million investment from global investors. The cumulative...

2024/06/04

[StartupRecipe] 40% Surge in K-Startup Funding, But Concerns remain

#Weekly Funding Overview [May. 27~ May. 31] The total funds raised by Korean startups of the week is KRW 94.6 Billion. #Major Funding Cupix, a proptech company, has secured KRW 26 billion in investment. The company’s digital twin solution service...

2024/05/28

[StartupRecipe] Series A Funding Surge Positive for K-Startups, Not Full Recovery

#Weekly Funding Overview [May. 20~ May. 24] The total funds raised by Korean startups of the week is KRW 74.85 Billion. #Major Funding Standard Energy, an energy storage solutions (ESS) company, has completed a 25 billion won investment with a...

2024/05/21

[StartupRecipe] How do Gov-backed high-growth K-startups perform?

#Weekly Funding Overview [May. 13~ May. 17] The total funds raised by Korean startups of the week is KRW 54.2 Billion. #Major Funding Meditech, a startup developing smart endoscopes for medical use, has secured KRW 2 billion in investment. The...

2024/05/14

[StartupRecipe] Government Initiatives Propel Korean Startups Abroad

#Weekly Funding Overview [April.6 ~ May. 10] The total funds raised by Korean startups of the week is KRW 217.3 Billion. #Major Funding DeepX, a company of low-power AI semiconductors for robots, home appliances, and mobility, has raised 110 billion...

2024/05/07

[StartupRecipe] Spotlight on Art Tech Platforms

#Weekly Funding Overview [April.29 ~ May. 3] The total funds raised by Korean startups of the week is KRW 135.4 Billion. #Major Funding Modusign, an electronic contract SaaS compay, has secured 17.7 billion won in investment. The company’s services allow...

2024/04/30

[StartupRecipe] Manufacturing Startups Gain Attention from Investors

#Weekly Funding Overview [April. 15 ~ April. 19] The total funds raised by Korean startups of the week is KRW 135.4 Billion. #Major Funding Dalpha, an AI startup, has secured 12 billion won in pre-Series A funding in just one...

2024/04/23

[StartupRecipe] Female-led Startup Growth Stalled by Funding Freeze

#Weekly Funding Overview [April. 15 ~ April. 19] The total funds raised by Korean startups of the week is KRW 135.4 Billion. #Major Funding AI startup Upstage secured 100 billion won in funding, bringing its total accumulated investment to 140...

2024/04/16

[StartupRecipe] K-Startups Show Resilience with Revenue Growth and Cost Control in 2023

#Weekly Funding Overview [April. 8 ~ April. 12] The total funds raised by Korean startups of the week is KRW 88 Billion. #Major Funding Cobat, a comprehensive battery pack solution provider, has raised 10 billion won in investment. The company...

2024/04/09

[StartupRecipe] 1Q Startup Funding Surge Signals Brighter Future

#Weekly Funding Overview [April. 1 ~ April. 5] The total funds raised by Korean startups of the week is KRW 88 Billion. #Major Funding Mediterapy, a beauty tech company, raised 26 billion won in investment. Established in 2017, Mediterapy has...

2024/04/02

[StartupRecipe] K-Startups Seek Survival Through Global Expansion

#Weekly Funding Overview [Mar. 25 ~ Mar. 29] The total funds raised by Korean startups of the week is KRW 171.3 Billion. #Major Funding TOrder, a tablet-based ordering platform, has raised 300 billion won in investments. This represents a three-fold...

2024/03/26

[StartupRecipe] Rise of Service Robots

#Weekly Funding Overview [Mar. 18 ~ Mar. 21] The total funds raised by Korean startups of the week is KRW 102.2 Billion. #Major Funding AI healthcare company Aitrics secured 27.1 billion investment. Aitrics has developed VitalCare, a system that monitors...

2024/03/19

[StartupRecipe] Early Investors Favor Pet, Kids, and Senior Tech

#Weekly Funding Overview [Mar. 11 ~ Mar. 15] The total funds raised by Korean startups of the week is KRW 150.9 Billion. #Major Funding Autonomous service robotics startup BearBotics raised $60 million from LG Electronics, making it the largest shareholder...

2024/03/12

[StartupRecipe] Healthcare Startups Attract Most Investment in February

#Weekly Funding Overview [Mar. 4 ~ Mar. 8] The total funds raised by Korean startups of the week is KRW 103.5 Billion. #Major Funding Point2Technology, a manufacturer of communication cables, attracted $23 million investment. Founded in 2013, the company has...

2024/03/05

[StartupRecipe] Why Healthcare Startups Are a Hot Funding Sector

#Weekly Funding Overview [Feb. 26 ~ Mar. 1] The total funds raised by Korean startups of the week is KRW 90.5 Billion. #Major Funding Senior care service startup Caring has attracted KRW 40 billion in investment, bringing the total cumulative...

2024/02/27

[StartupRecipe] 10 Biggest Funding of the Week

#Weekly Funding Overview [Feb. 19 ~ Feb. 23] The total funds raised by Korean startups of the week is KRW 113.55 Billion. #Trend Analysis 10 Biggest Funding of the Week This week saw several Korean startups secure significant funding, with...

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