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Korean Startup Newsletter Service

2023/01/31

[StartupRecipe] Korean Startups Step into UAE with Ministry Boost

#Weekly Funding Overview [Jan. 23 ~ Jan. `27] The total funds raised by Korean startups of this week is KRW 37 billion. Major Funding  Reco, which operates a one-stop waste pickup and transportation service named UpBox, has secured KRW 14.5...

2023/01/25

[StartupRecipe] Conglomerates-Startups Idea Theft Controversy

#Weekly Funding Overview [Jan. 16 ~ Jan. `20] The total funds raised by Korean startups of this week is KRW 104 billion. Major Funding PeopleFund, an AI-based credit rating fintech company, has raised KRW 24.7 billion in investment. Its total...

2023/01/17

[StartupRecipe] Korean Startups Targeting Global Markets

#Weekly Funding Overview [Jan. 9 ~ Jan. `13] The total funds raised by Korean startups of this week is KRW 45.7billion. Major Funding  Backpacker, an operator of the handicraft platform Idus, has raised KRW 20 billion in investment from both...

2023/01/10

[StartupRecipe] Why are Startups Acquiring Other Startups?

#Weekly Funding Overview [Jan. 2 ~ Jan. 6] The total funds raised by Korean startups of this week is KRW 65.8 billion. Major Funding  H2, which produces redox flow batteries and energy storage systems (ESS), has completed a KRW 23...

2023/01/03

[StartupRecipe] Sleep Tech Startups That Tackle Sleeping Disorders

#Weekly Funding Overview [Dec. 26 ~ Dec. 30] The total funds raised by Korean startups of this week is KRW 69.33 billion. Major Funding  Ihateflyingbugs has secured KRW 20 billion in funding. It runs online education services, such as Mildang...

2022/12/27

[StartupRecipe] Why Lab-Grown Meat Startups Catch Investors' Eye

#Weekly Funding Overview [Dec. 19 ~ Dec. 23] The total funds raised by Korean startups of this week is KRW 69.2 billion. Major Funding PUMP, an operator of the shared kickboard service XingXing, has secured KRW 20 billion in Series...

2022/12/20

[StartupRecipe] Diversification of Senior-Friendly Startups

#Weekly Funding Overview [Dec. 12 ~ Dec. 16] The total funds raised by Korean startups of this week is KRW 207.7 billion. Major Funding Bespin Global, a cloud management service, has received a KRW 140 billion investment from e& Enterprise,...

2022/12/13

[StartupRecipe] Robotics Startups Are Raking In Big Money

#Weekly Funding Overview [Dec. 5 ~ Dec. 9] The total funds raised by Korean startups of this week is KRW 110 billion. Major Funding Restaurant startup GFFG has secured its first institutional investment of KRW 30 billion. It runs nine...

2022/12/06

[StartupRecipe] Roadmap to Join the Top Five Space Powers– Space Startups Raise Their Hopes

#Weekly Funding Overview [Nov. 28~ Dec. 2] The total funds raised by Korean startups of this week is KRW 79.2 billion. Major Funding D2C food tech startup Jeongyukgak has raised KRW 47 billion in Series D investment. With this funding,...

2022/11/29

[StartupRecipe] Pharmaceuticals Have Their Eyes On Digital Therapeutics Startups

#Weekly Funding Overview [Nov. 21 ~ Nov. 25] The total funds raised by Korean startups of this week is KRW 207billion. Major Funding LifeGoesOn, which runs a laundry service Laundrygo, has received a KRW 49 billion Series C investment. Even...

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