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2021/08/31

[StartupRecipe] Korea's ambition to become a global venture powerhouse

#Weekly Funding Overview [Aug. 23~ Aug. 27] The total funds raised by Korean startups of this week is KRW 121.25 billion. Major Funding Smile Ventures, an online luxury platform specializing in catch fashion, raised 21 billion won in investment. It has...

2021/08/24

[StartupRecipe] Why great talent rush to startups from conglomerates

#Weekly Funding Overview [Aug. 16~ Aug. 20] The total funds raised by Korean startups of this week is KRW 377.8 billion. Major Funding Danggeun Market raised an investment worth KRW 178.9 billion. The company was valued at 3 trillion won and...

2021/08/17

[StartupRecipe] The Biggest month for VC funding and 3 New Korean unicorns born

#Weekly Funding Overview [Aug. 9~ Aug. 13] The total funds raised by Korean startups of this week is KRW 137.25 billion. Major Funding Mobility startup 42 Dot raised 25 billion won in investment from Lotte Rental. 42 Dot is a...

2021/08/10

[StartupRecipe] How the pet economy is growing in Korea

#Weekly Funding Overview [Aug. 2~ Aug. 6] The total funds raised by Korean startups of this week is KRW 81.4 billion. Major Funding Commercial platform Brandy raised an additional 20 billion won from Naver. Naver invested 10 billion won in...

2021/08/03

[StartupRecipe] Krafton IPO: choosing a rode no one has ever taken

#Weekly Funding Overview [July. 26~ July. 30] The total funds raised by Korean startups of this week is KRW  118.73 billion. Major Funding Moneybrain, an artificial intelligence technology company, raised 40 billion won in investment. The company has source technologies...

2021/07/27

[StartupRecipe] Korea now has 15 startup unicorns

#Weekly Funding Overview [July. 19~ July. 23] The total funds raised by Korean startups of this week is KRW 67.8 billion. Major Funding Medical AI startup Lunit secured a strategic investment of KRW 30 billion from Guardant Health. The U.S....

2021/07/20

[StartupRecipe] Global VCs look for next Coupang

#Weekly Funding Overview [July. 12~ July. 16 ] The total funds raised by Korean startups of this week is KRW 2.21 trillion. Major Funding Yanolja raised an investment of kRW 2 trillion from SoftBank Vision Fund, valued at KRW 10...

2021/07/13

[StartupRecipe] Korea Venture funding hits all time High in H1 of 2021

#Weekly Funding Overview [July. 5~ July. 9 ] The total funds raised by Korean startups of this week is KRW 1.32 trillion. Major Funding Travel platform Yanolja received an $8700 million investment from SoftBank Vision Fund. SoftBank plans to buy...

2021/07/06

[StartupRecipe] Government selected 7 next Korean unicorns

#Weekly Funding Overview [June. 28~ July. 4 ] The total funds raised by Korean startups of this week is KRW 169.65 billion. Major Funding Mathpresso, which runs Qanda, an AI-based math problem-solving app, raised KRW 56 billion. If you take...

2021/06/29

[StartupRecipe] Alternative Investments are on the rise among millennials

#Weekly Funding Overview [June. 21~ June. 25 ] The total funds raised by Korean startups of this week is KRW  687.4 billion. Major Funding Viva Republica, the operator of Toss, finalized their series G investment worth KRW 460 billion. They...

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