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Korean Startup Newsletter Service

2022/04/05

[StartupRecipe] Q1 2022: A Downturn in Startup Investment

#Weekly Funding Overview [Mar. 28 ~ April. 1] The total funds raised by Korean startups of this week is KRW 138.7 billion. Major Funding StradVision has raised KRW 17.9 billion in investment from German car parts maker ZF. StradVision has developed...

2022/03/29

[StartupRecipe] HR SaaS Market is Growing

#Weekly Funding Overview [Mar.21 ~ Mar.25] The total funds raised by Korean startups of this week is KRW 210.6 billion. Major Funding OneFredict has attracted 30 billion won in investment. Its solution GuardiOne diagnoses the condition of key facilities based on...

2022/03/22

[StartupRecipe] Startup Funding Slowed Down in February

#Weekly Funding Overview [Mar.14 ~ Mar.18] The total funds raised by Korean startups of this week is KRW 289 billion. Major Funding Metaverse platform VA Corporation has raised 100 billion won and turned into a unicorn. It has established a full...

2022/03/15

[StartupRecipe] 30 Women-Led Startups You Need to Watch Out

#Weekly Funding Overview [Mar.7 ~ Mar.11] The total funds raised by Korean startups of this week is KRW 340.3 billion. Major Funding Mobility platform Socar has secured a strategic investment of 183.2 billion won from Lotte Rental, with Lotte Rental...

2022/03/08

[StartupRecipe] Korea has 18 unicorns, 7 were born in 2021

#Weekly Funding Overview [Feb.28 ~ Mar.4] The total funds raised by Korean startups of this week is KRW 340.6 billion. Major Funding Ridi, the operator of e-book service Ridibooks, has raised 120 billion won and earned unicorn status. It has...

2022/03/01

[StartupRecipe] 12 Content Startups Targeting Global Markets

#Weekly Funding Overview [Feb.21 ~ Feb.25] The total funds raised by Korean startups of this week is KRW 103.45 billion. Major Funding Meat-selling startup Sur.loin has raised 40 billion won. It tripled in the B2C market last year and achieved...

2022/02/22

[StartupRecipe] Korean social ventures are on the rise

#Weekly Funding Overview [Feb.14 ~ Feb.18] The total funds raised by Korean startups of this week is KRW 425.4 billion. Major Funding SemiFive, a semiconductor design platform, has raised 130 billion won. Its design platform is regarded to cut semiconductor...

2022/02/15

[StartupRecipe] South Korean Startups Have Secured US$10.3 Billion in 2021

#Weekly Funding Overview [Feb. 7~ Feb.11] The total funds raised by Korean startups of this week is KRW 336.5 billion. Major Funding Parking Cloud, a parking control platform, has raised 100 billion won. iParking, which first introduced AI parking control...

2022/02/08

[StartupRecipe] Investment rush set to continue in 2022

#Weekly Funding Overview [Jan. 31~ Feb.4] The total funds raised by Korean startups of this week is KRW  66.5 billion. Major Funding Queenit, a fashion platform for women in their 40s and 50s, has received 36 billion won in series...

2022/02/01

[StartupRecipe] The secret behind the rise of unicorn startups in Korea

#Weekly Funding Overview [Jan. 24~ Jan.28] The total funds raised by Korean startups of this week is KRW  221.25 billion. Major Funding i.M. Taxi operator Jinmobility has raised 80 billion won in Series A funding round. The company plans to...

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