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2020/12/22

[StartupRecipe]Korean government’s efforts to nurture Korean next unicorns

#Weekly Funding Overview [Dec. 14~ Dec. 18] The total funds raised by Korean startups of this week is KRW 36.35 billion. Major Funding Rounge Lab, a retail tech startup raised KRW 3billion led by Humax and TBT. The company innovates user...

2020/12/15

[StartupRecipe] How similar to real life of startup is K-Drama Start-Up

#Weekly Funding Overview [Dec. 7~ Dec. 11] The total funding of this week is KRW 110 billion. Major Funding  Simple Payment Service Provider CHAI Corporation made Series B funding worth of KRW 70 billion. Hanwha Investment & Securities led this investment...

2020/12/08

[StartupRecipe] Why Samsung invests in startups

#Weekly Funding Overview [Nov. 30~ Dec. 4] The total funding of the first week of December stood at 210.5 billion won across 25 deals. Major Funding  Mega Zone Cloud is raising 140 billion won in investment, the largest amount ever...

2020/12/01

[StartupRecipe]Two-Year Enforcement of Regulatory Sandboxes…What's next

#Weekly Funding Overview [Nov. 23~ Nov. 27] The total funding of the last week of November stood at KRW 178billion across 17 deals. Major Funding Bucketplace, which operates Ohou, the interior design platform, has completed raising KRW 77 billion in Series-C funding and has raised cumulative funds totaling KRW 88 billion. Demand...

2020/11/23

[StartupRecipe] The 2nd COMEUP, What’s New?

#Weekly Funding Overview [Nov. 16~ Nov. 20] This week, two large Series D investments of KRW 30 and KRW 50 billion were reported, raising total investments in startups to KRW 104.9 billion. Major Funding MCN Sandbox Network raised Series D...

2020/11/16

[StartupRecipe] More Than 300 domestic Accelerators, What Does it Mean?

#Weekly Funding Overview [Nov. 9~ Nov. 13] This week eighteen companies finalized investments deals. Nine of which disclosed the investment amounts totaling KRW 63.4 billion. Major Funding Several investments were key strategic investments. Luxury product E-commerce startup Balaan attracted investments...

2020/11/09

[StartupRecipe] This Year’s Lack of Unicorns

#Weekly Funding Overview [Nov. 2~ Nov. 6] This week, 14 companies ranging from healthcare to blockchain reported investments.  Major funding H-ROBOTICS, which develops control technology and motor algorithms to be used in rehabilitation robots (rebless), will attract KRW 6 billion...

2020/11/02

[StarupRecipe] Binge watching the Korean Online Demo Day (Sep to Oct)

#Weekly Funding Overview [Oct.26~Oct.30] This week, 18 companies, ranging from MCNs to games, education, travel, food, and social ventures, reported investment news.  Major Funding The beauty expert MCN Different Millions received a KRW 12 billion strategic investment from Hyundai Home...

2020/10/26

[StarupRecipe] Two Months Since the P2P Financing Act… Effect on the P2P Market?

#Weekly Funding Overview [Oct.19~ Oct.23] Major Funding The P2P platform PeopleFund has raised KRW 28 billion in investments from Hong Kong global financial investment organization CLSA Capital Partners. Established in 2015, PeopleFund is a fintech company offering an alternative financial...

2020/10/19

[StarupRecipe] The Growing Mental Health Market…What about Korea?

#Weekly Funding Overview [Oct.12~Oct. 16] This week, 11 startups that revealed the amount of investment attracted a total of KRW 101.9 billion, including Socar’s KRW 60 billion of investment.  Major Funding Socar has become the first mobility unicorn startup in...

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