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Korean Startup Newsletter Service

2023/12/19

[StartupRecipe] Media Startup Funding Plummets to Three-Year Low

#Weekly Funding Overview [Dec. 11 ~ Dec. 15] The total funds raised by Korean startups of this week is KRW 55.4 Billion. #Major Funding Gbike, the operator of the personal mobility sharing platform GCOO, has raised KRW 11.9 billion in...

2023/12/12

[StartupRecipe] Which sectors are growth stage VCs interested in

#Weekly Funding Overview [Dec. 4 ~ Dec.8] The total funds raised by Korean startups of this week is KRW 172.3 Billion. #Major Funding Okestro has secured KRW 130 billion in funding. The company specializes in delivering integrated cloud services, which...

2023/12/05

[StartupRecipe] South Korean Startup Ecosystem on the Rebound? Second Half Sees Increased Funding

#Weekly Funding Overview [Nov.27 ~ Dec.1] The total funds raised by Korean startups of this week is KRW 50.6 Billion. #Major Funding HabitFactory, a Fintech startup, has successfully secured a funding of KRW 20.6 billion, bringing its cumulative investment to...

2023/11/28

[StartupRecipe] How Fashion Startups Survive Investment Downturns

#Weekly Funding Overview [Nov.13 ~ Nov.17] The total funds raised by Korean startups of this week is KRW 67.25 Billion. #Major Funding Impremed, an AI medicine company based in Silicon Valley, has secured KRW 300 billion in funding. The company...

2023/11/21

[StartupRecipe] Proptech Startups Face Challenges Amidst a Downturn

#Weekly Funding Overview [Nov.13 ~ Nov.17] The total funds raised by Korean startups of this week is KRW 48.4 Billion. #Major Funding Caredoc, a senior care platform, attracts a 17 billion won investment. Starting as a caregiver matching service, CareDoc...

2023/11/14

[StartupRecipe] Funding in South Korean Supply Chain and Logistics Tech Startups Dries Up

#Weekly Funding Overview [Nov.6 ~ Nov.10] The total funds raised by Korean startups of this week is KRW 150.1 Billion. #Major Funding The LLM all-in-one solution, Allganize, attracts a 27 billion won investment. Currently providing AI solutions to over 200...

2023/11/07

[StartupRecipe] Fintech Industry Slump: Rising Fintech Investment Sectors to Watch

#Weekly Funding Overview [Oct.30 ~ Nov.3] The total funds raised by Korean startups of this week is KRW 65.93 Billion. #Major Funding BMSMILE, a pet care startup, has attracted strategic investment of 2.8 billion KRW from SK Networks. They operate...

2023/10/31

[StartupRecipe] Investment in top AI startups in Korea surges

#Weekly Funding Overview [Oct.23 ~ Oct.27] The total funds raised by Korean startups of this week is KRW 64.6 Billion. Major Funding The AI infrastructure solution Moreh has secured 30 billion Korean won (22.3 million dollars) in funding from U.S....

2023/10/24

[StartupRecipe] Korean M&A Market Slows in 2023, Despite Strong Start

#Weekly Funding Overview [Oct.16 ~ Oct.20] The total funds raised by Korean startups of this week is KRW 33.5 Billion. Major Funding Pabloair, a leading company specializing in drone control, has secured a substantial investment of 21 billion won, bringing...

2023/10/17

[StartupRecipe] South Korean Startup Investment Recovers in Q3

#Weekly Funding Overview [Oct.9 ~ Oct.13] The total funds raised by Korean startups of this week is KRW 67.4 Billion. Major Funding Self driving solution company Autonomous A2Z has raised KRW 34 billion in funding. Founded in 2018, the company...

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