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Korean Startup Newsletter Service

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...

2023/06/20

[StartupRecipe]Investment Trends of H1 2023: Sectors That Stand Out Amidst Decline

#Weekly Funding Overview [June. 12 ~ June. 16] The total funds raised by Korean startups of this week is KRW 65.8 billion. Major Funding Fitpet, a pet healthcare company, has raised an additional investment of KRW 23 billion, completing a...

2023/06/13

[StartupRecipe]8 Korean Startups Expanding into Japan

#Weekly Funding Overview [June. 5 ~ June. 9] The total funds raised by Korean startups of this week is KRW 30.7 billion. Major Funding Company builder Fast Track Asia raises KRW 22 billion in investment from Krafton. With this investment,...

2023/06/06

[StartupRecipe] Did the Soonicorn Startups Achieve Unicorn Status?

#Weekly Funding Overview [May. 29 ~ June. 2 ] The total funds raised by Korean startups of this week is KRW 210.9 billion. Major Funding Beyond Music, a specialized investment and management company focusing on music intellectual property (IP), has...

2023/05/30

[StartupRecipe] South Korea's Government Backs Robot Startups for Unicorn Status

#Weekly Funding Overview [May. 22 ~ May. 26 ] The total funds raised by Korean startups of this week is KRW 83.55 billion. Major Funding Music copyright startup Music Cow has raised KRW 60 billion in investment, totaling KRW 214...

2023/05/23

[StartupRecipe] Rise in Startups Catering to Active Seniors

#Weekly Funding Overview [May. 15 ~ May. 19 ] The total funds raised by Korean startups of this week is KRW 122.1 billion. Major Funding Smart Food Networks, a startup specializing in B2B logistics and distribution, has secured an investment...

2023/05/16

[StartupRecipe] Korean Startups Founded by Women Are Diversifying

#Weekly Funding Overview [May. 8 ~ May. 12 ] The total funds raised by Korean startups of this week is KRW 8 billion. Major Funding WaveLifestyleTech, a food tech robotics company, has successfully raised KRW 4 billion in funding. Established...

2023/05/09

[StartupRecipe] Average Series A funding ticket size decreases

#Weekly Funding Overview [May. 1 ~ May. 5 ] The total funds raised by Korean startups of this week is KRW 1 billion. Major Funding AI-based data analytics firm Ziovision has secured KRW 1 billion in funding to complete its...

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