[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...
[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...
[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...
[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...
[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...
[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...
[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...
[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,...
[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...
[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...
[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...
[StartupRecipe] January Sees Sharp Decline in Funding
#Weekly Funding Overview [Feb. 13 ~ Feb. 17] The total funds raised by Korean startups of this week is KRW 47.8 billion. Major Funding Petaverse, a pet metaverse avatar firm, raised KRW 12 billion in funding, and will use the...
[StartupRecipe] Korean Startups secured $8.4 Billion in 2022
#Weekly Funding Overview [Feb. 6 ~ Feb. 10] The total funds raised by Korean startups of this week is KRW 141.5 billion. Major Funding D’strict, a company specializing in digital design, has bagged KRW 100 billion from SPC WaveOne of...
[StartupRecipe] Layoff Crisis Hits Korean Startups
#Weekly Funding Overview [Jan. 30 ~ Feb. `3] The total funds raised by Korean startups of this week is KRW 51.1 billion. Major Funding Korean social venture Dot has secured a KRW 13.4 billion investment. It has raised KRW 30...
[StartupRecipe] Korean Startups Step into UAE with Ministry Boost
#Weekly Funding Overview [Jan. 23 ~ Jan. `27] The total funds raised by Korean startups of this week is KRW 37 billion. Major Funding Reco, which operates a one-stop waste pickup and transportation service named UpBox, has secured KRW 14.5...
[StartupRecipe] Conglomerates-Startups Idea Theft Controversy
#Weekly Funding Overview [Jan. 16 ~ Jan. `20] The total funds raised by Korean startups of this week is KRW 104 billion. Major Funding PeopleFund, an AI-based credit rating fintech company, has raised KRW 24.7 billion in investment. Its total...