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Korean Startup Newsletter Service

2023/08/29

[StartupRecipe] Reasons Behind Edutech Funding Decline

#Weekly Funding Overview [Aug. 14 ~ Aug. 18] The total funds raised by Korean startups of this week is KRW 132.3 billion. Major Funding Korea Credit Data has secured an investment of KRW 1000 billion. Their flagship service, ‘CashNote,’ provides...

2023/08/22

[StartupRecipe] Startups Prove Profitability During Investment Winter

#Weekly Funding Overview [Aug. 14 ~ Aug. 18] The total funds raised by Korean startups of this week is KRW 10.3 billion. Major Funding Testworks raises KRW 5 billion in funding. The company provides one-stop services such as AI data...

2023/08/15

[StartupRecipe]Who is going IPO?

#Weekly Funding Overview [Aug. 7 ~ Aug. 11] The total funds raised by Korean startups of this week is KRW 72.6 billion. Major Funding Fintech company BalanceHero attracts KRW 30 billion investment. Founded in 2016, the company launched the TrueBalance...

2023/08/08

[StartupRecipe] What K-Startups Have Received Funding from Global Investors?

#Weekly Funding Overview [July. 31~ Aug. 4] The total funds raised by Korean startups of this week is KRW 53.9 billion. Major Funding Rappo Labs, a startup that operates the women’s fashion platform Queenit, has raised KRW 34 B illion in...

2023/08/01

[StartupRecipe]Blockchain Startup Investments Plunge by 67%

#Weekly Funding Overview [July. 24~ July. 28] The total funds raised by Korean startups of this week is KRW 125.5 billion. Major Funding Fintech company Finda has attracted an investment of KRW 47 billion. This investment, secured in just 2 years...

2023/07/25

[StartupRecipe] Sustainability funding rises despite investment crisis

#Weekly Funding Overview [July. 17~ July. 21] The total funds raised by Korean startups of this week is KRW 277 billion. Major Funding Fashion plaform Musinsa has attracted over KRW 200 billion in investments, leading to an increase in the...

2023/07/18

[StartupRecipe] Investments Flood into Electric Vehicle Charging Startups

#Weekly Funding Overview [July. 10~ July. 14] The total funds raised by Korean startups of this week is KRW 99.5 billion. Major Funding Electric vehicle charging platform EverOn attracts KRW 50 billion investment. With its high-growth charging infrastructure revenue and...

2023/07/11

[StartupRecipe] Three Sectors That Captured Investor Attention in the First Half of 2023

#Weekly Funding Overview [July. 3~ July. 7] The total funds raised by Korean startups of this week is KRW 171.7 billion. Major Funding Electric vehicle charging solution EVAR secures 22 billion won in investment. EVAR, a spin-off from Samsung Electronics’...

2023/07/04

[StartupRecipe] Metaverse Investments Plunge 70% in Korea

#Weekly Funding Overview [June. 26~ June. 30] The total funds raised by Korean startups of this week is KRW 48.85 billion. Major Funding Exobis, a company specializing in immersive content, has attracted a KRW 11.5 billion investment. With the investment,...

2023/06/27

[StartupRecipe] Taking Longer to Reach Series B Funding from A

#Weekly Funding Overview [June. 19 ~ June. 23] The total funds raised by Korean startups of this week is KRW 126.46 billion. Major Funding Levit, the operator of Allways, a team purchasing commerce platform, has secured KRW 60 billion in...

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