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Korean Startup Newsletter Service

2024/06/18

[StartupRecipe] Seed Funding Slowdown Amidst Overall Investment Rise

#Weekly Funding Overview [June.10 ~ June.14] The total funds raised by Korean startups of the week is KRW 22.1 Billion. #Major Funding AI talent tech company Glorang has secured 9 billion won in investment, bringing its total accumulated investment to...

2024/06/11

[StartupRecipe] 5 Startups Driving Korea's AI Ecosystem

#Weekly Funding Overview [June.3 ~ June. 7] The total funds raised by Korean startups of the week is KRW 205.2 Billion. #Major Funding TwelveLabs, an AI video understanding specialist, has secured a $50 million investment from global investors. The cumulative...

2024/06/04

[StartupRecipe] 40% Surge in K-Startup Funding, But Concerns remain

#Weekly Funding Overview [May. 27~ May. 31] The total funds raised by Korean startups of the week is KRW 94.6 Billion. #Major Funding Cupix, a proptech company, has secured KRW 26 billion in investment. The company’s digital twin solution service...

2024/05/28

[StartupRecipe] Series A Funding Surge Positive for K-Startups, Not Full Recovery

#Weekly Funding Overview [May. 20~ May. 24] The total funds raised by Korean startups of the week is KRW 74.85 Billion. #Major Funding Standard Energy, an energy storage solutions (ESS) company, has completed a 25 billion won investment with a...

2024/05/21

[StartupRecipe] How do Gov-backed high-growth K-startups perform?

#Weekly Funding Overview [May. 13~ May. 17] The total funds raised by Korean startups of the week is KRW 54.2 Billion. #Major Funding Meditech, a startup developing smart endoscopes for medical use, has secured KRW 2 billion in investment. The...

2024/05/14

[StartupRecipe] Government Initiatives Propel Korean Startups Abroad

#Weekly Funding Overview [April.6 ~ May. 10] The total funds raised by Korean startups of the week is KRW 217.3 Billion. #Major Funding DeepX, a company of low-power AI semiconductors for robots, home appliances, and mobility, has raised 110 billion...

2024/05/07

[StartupRecipe] Spotlight on Art Tech Platforms

#Weekly Funding Overview [April.29 ~ May. 3] The total funds raised by Korean startups of the week is KRW 135.4 Billion. #Major Funding Modusign, an electronic contract SaaS compay, has secured 17.7 billion won in investment. The company’s services allow...

2024/04/30

[StartupRecipe] Manufacturing Startups Gain Attention from Investors

#Weekly Funding Overview [April. 15 ~ April. 19] The total funds raised by Korean startups of the week is KRW 135.4 Billion. #Major Funding Dalpha, an AI startup, has secured 12 billion won in pre-Series A funding in just one...

2024/04/23

[StartupRecipe] Female-led Startup Growth Stalled by Funding Freeze

#Weekly Funding Overview [April. 15 ~ April. 19] The total funds raised by Korean startups of the week is KRW 135.4 Billion. #Major Funding AI startup Upstage secured 100 billion won in funding, bringing its total accumulated investment to 140...

2024/04/16

[StartupRecipe] K-Startups Show Resilience with Revenue Growth and Cost Control in 2023

#Weekly Funding Overview [April. 8 ~ April. 12] The total funds raised by Korean startups of the week is KRW 88 Billion. #Major Funding Cobat, a comprehensive battery pack solution provider, has raised 10 billion won in investment. The company...

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