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[StartupRecipe] Despite Downturn, Key Funding Sectors Remain Stable in South Korea

2023/09/26

[StartupRecipe] Despite Downturn, Key Funding Sectors Remain Stable in South Korea

#Weekly Funding Overview [Sep. 18 ~ Sep. 22] The total funds raised by Korean startups of this week is KRW 85.8 billion. Major Funding Fashion brand Piecepeacestudio, which operates the brands Mardi and Mercredi, has attracted a KRW 50 billion...

2023/09/19

[StartupRecipe] Despite Slowdown, These Investors Remain Active in South Korea

#Weekly Funding Overview [Sep. 11~ Sep. 15] The total funds raised by Korean startups of this week is KRW 108.4 billion. Major Funding Egnis attracts KRW 34.8 billion in investment. The company specializes in functional protein convenience foods. They aim...

2023/09/12

[StartupRecipe] South Korean Startup Funding Dips in August

#Weekly Funding Overview [Sep. 4~ Sep. 8] The total funds raised by Korean startups of this week is KRW 145.8 billion. Major Funding Storyprotocol attracts KRW 71.2 billion in investment. Storyprotocol is a web3.0-based IP infrastructure startup that supports easy...

2023/09/05

[StartupRecipe] The Pet Sector: Experiencing Yearly Funding Growth Amidst Investment Winters

#Weekly Funding Overview [Aug. 28~ Sep. 1] The total funds raised by Korean startups of this week is KRW 145.8 billion. Major Funding Sapeon, an AI semiconductor company, has attracted a 60 billion KRW investment, valuing the company at 500...

2023/08/29

[StartupRecipe] Reasons Behind Edutech Funding Decline

#Weekly Funding Overview [Aug. 14 ~ Aug. 18] The total funds raised by Korean startups of this week is KRW 132.3 billion. Major Funding Korea Credit Data has secured an investment of KRW 1000 billion. Their flagship service, ‘CashNote,’ provides...

2023/08/22

[StartupRecipe] Startups Prove Profitability During Investment Winter

#Weekly Funding Overview [Aug. 14 ~ Aug. 18] The total funds raised by Korean startups of this week is KRW 10.3 billion. Major Funding Testworks raises KRW 5 billion in funding. The company provides one-stop services such as AI data...

2023/08/15

[StartupRecipe]Who is going IPO?

#Weekly Funding Overview [Aug. 7 ~ Aug. 11] The total funds raised by Korean startups of this week is KRW 72.6 billion. Major Funding Fintech company BalanceHero attracts KRW 30 billion investment. Founded in 2016, the company launched the TrueBalance...

2023/08/08

[StartupRecipe] What K-Startups Have Received Funding from Global Investors?

#Weekly Funding Overview [July. 31~ Aug. 4] The total funds raised by Korean startups of this week is KRW 53.9 billion. Major Funding Rappo Labs, a startup that operates the women’s fashion platform Queenit, has raised KRW 34 B illion in...

2023/08/01

[StartupRecipe]Blockchain Startup Investments Plunge by 67%

#Weekly Funding Overview [July. 24~ July. 28] The total funds raised by Korean startups of this week is KRW 125.5 billion. Major Funding Fintech company Finda has attracted an investment of KRW 47 billion. This investment, secured in just 2 years...

2023/07/25

[StartupRecipe] Sustainability funding rises despite investment crisis

#Weekly Funding Overview [July. 17~ July. 21] The total funds raised by Korean startups of this week is KRW 277 billion. Major Funding Fashion plaform Musinsa has attracted over KRW 200 billion in investments, leading to an increase in the...

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,...

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