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Korean Startup Newsletter Service

2021/06/08

[StartupRecipe] Funding surges in May due to inflow of foreign capital

#Weekly Funding Overview [May. 31~ June. 4 ] The total funds raised by Korean startups of this week is KRW  237.6 billion. Major Funding AI semiconductor startup Furiosa raised KRW 80 billion in Series B investment. The company is developing...

2021/06/01

[StartupRecipe] Global VCs eye on Korean startups

#Weekly Funding Overview [May. 24~ May. 28 ] The total funds raised by Korean startups of this week is KRW 857.7 billion. Major Funding Mobile healthcare startup Noom, established in the US by a Korean founder in 2008, raised 540...

2021/05/25

[StartupRecipe] Startup M&A deals boom in Korea

#Weekly Funding Overview [May. 17 ~ May. 21 ] The total funds raised by Korean startups of this week is KRW 162.2 billion. Major Funding Teamblind, an anonymous community at work, has succeeded in finalizing a $3.7 billion Series C...

2021/05/18

[StartupRecipe] Angel Investors’ Role Growing in the Korean Startup Funding Market

#Weekly Funding Overview [May. 10 ~ May. 14 ] The total funds raised by Korean startups of this week is KRW 95.85 billion. Major Funding Life Lab, the company operating home cleaning service Cleaning Lab, has raised KRW 22 billion...

2021/05/11

[StartupRecipe] Creating a Startup Valley Using Seoul's Campus Town

#Weekly Funding Overview [May. 3 ~ May. 7 ] The total funds raised by Korean startups of this week is KRW 48.7 billion. Major Funding Washswat raised KRW 17.5 billion worth of investment. The company collects laundry at dawn and...

2021/05/04

[StartupRecipe] 9 Startups Selected for Sparklabs' Demo Day 16

#Weekly Funding Overview [April. 26~ April.30] The total funds raised by Korean startups of this week is KRW 129.05 billion. Major Funding Freelance market platform Kmong has raised KRW 31.2 billion, the largest investment ever in the field. Kmong has...

2021/04/27

[StartupRecipe] Blockchain fever again?

#Weekly Funding Overview [April. 19~ April.23] The total funds raised by Korean startups of this week is KRW 224.3 billion. Major Funding  Smart Score, a golf portal company, has raised KRW 50 billion, the largest amount of investment in a...

2021/04/20

[StartupRecipe] Funding in Korean Startups nearly doubling in the Q1

#Weekly Funding Overview [April. 12~ April.16] The total funds raised by Korean startups of this week is KRW 88.6 billion. Major Funding BankSalad has raised KRW 25 billion in Series D investment from KT. Amid rumors of KT acquiring the...

2021/04/13

[StartupRecipe] 3 Korean Startups Active in the Global Market

#Weekly Funding Overview [Mar. 5~ April.9] The total funds raised by Korean startups of this week is KRW 376.4 billion. Major Funding Iyunomedia Group, a localization company, has secured $160 million from SoftBank Vision Fund 2. and plans to and upgrade...

2021/04/06

[StartupRecipe] Korean Millennial·Gen Z fall for luxury and reselling brand

#Weekly Funding Overview [Mar.29 ~ April.2] The total funds raised by Korean startups of this week is KRW 79.7 billion. Major Funding Team Fresh has finalized Series C investment of KRW 30 billion. Team Fresh, which provides cold-chain comprehensive services...

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