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Korean Startup Newsletter Service

2024/01/23

[StartupRecipe] VCs recap 2023 and their forecast for 2024

#Weekly Funding Overview [Jan.15 ~ Jan. 19] The total funds raised by Korean startups of this week is KRW 134.6 Billion. #Major Funding Travel startup MyRealTrip secured a total of KRW 75.6 billion in investment. After breaking the monthly breakeven...

2024/01/16

[StartupRecipe] Survey Says: 2024 Korean Startups Brighter than 2023

#Weekly Funding Overview [Jan. 8 ~ Jan. 12] The total funds raised by Korean startups of this week is KRW 47.8 Billion. #Major Funding AI startup UpStage has successfully attracted a 250 billion won investment from SK Networks. SK Networks...

2024/01/09

[StartupRecipe] Game startup funding hits three-year low

#Weekly Funding Overview [Jan. 1 ~ Jan. 5] The total funds raised by Korean startups of this week is KRW 99.7 Billion. #Major Funding Stradvision, a self-driving software development company, has attracted a $33 million investment from Aptiv, one of...

2024/01/02

[StartupRecipe] A Recap of the 2023 Startup IPO Landscape

#Weekly Funding Overview [Dec. 25 ~ Dec. 29] The total funds raised by Korean startups of this week is KRW 42.8 Billion. #Major Funding OlimPlanet, an immersive tech startup, has secured 12 billion won in pre-IPO funding, reaching a cumulative...

2023/12/26

[StartupRecipe] Series A Funding Remains in the Chills

#Weekly Funding Overview [Dec. 18 ~ Dec. 22] The total funds raised by Korean startups of this week is KRW 61.05 Billion. #Major Funding Digital healthcare company Humanescape has completed a $40 million Series C funding round with an additional...

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...

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