TechCrunch

AUGUST 17, 2021

Danggeun Market, the publisher of South Korea’s hyperlocal community app Karrot, announced it has raised $162 million in a Series D round of funding with a valuation of $2.7 The latest funding officially makes Danggeun Market a unicorn, with $205 million total raised. By the way, Danggeun means carrot in Korean.).

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South Korea Marketing Raise Online 100

TechCrunch

DECEMBER 9, 2020

Demand for contactless payments and e-commerce has grown in South Korea during the COVID-19 pandemic. It brings CHAI’s total funding to $75 million, including a $15 million Series A in February. It is now used by 2,200 merchants, including Nike Korea and Philip Morris Korea. ”

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Asia South Korea API Tech 127

TechCrunch

JANUARY 17, 2022

South Korea-based human resources management platform flex announced today it has closed a $32 million Series B round at a valuation of $298 million. The latest funding, which brings its total raised to $42 million, was led by Greenoaks , with participation from DST Global Partners. .

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South Korea Platform Raise Resource 100

TechCrunch

DECEMBER 19, 2022

Viva Republica, an operator of South Korean finance super app Toss , has finalized a $405 million Series G funding and it says it is now valued at 9.1 trillion won in June 2021, when it raised $410 million in pre-Series G funding at a $7.4 South Korea’s currency has depreciated against the dollar this year.).

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TechCrunch

NOVEMBER 2, 2022

During its program, SparkLabs provides funding, mentorship and access to administrative and legal advisory support for startups. In addition, participating startups get co-working space, will attend weekly classes and have access to four to six mentors who have expertise in various industries, not just in South Korea but global regions. .

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TechCrunch

MAY 10, 2022

The fresh funds, led by SoftBank Ventures Asia , bring Seadronix’s the total round up to $8.3 “With this funding, we hope to recruit more staff for the AI, sensor fusion and navigation business and accelerate our global market penetration plan.” The company just secured a $5.8 Image Credits: Seadronix.

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TechCrunch

FEBRUARY 6, 2022

Swing , a South Korean electric scooter and micromobility startup, announced today it has raised $24 million in a Series B round to spur its growth and expansion to Japan. . The funding was led by White Star Capital, which also invested in Berlin-based Tier Mobility, and included existing backer Hashed, among others.

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TechCrunch

DECEMBER 1, 2021

South Korea-based peer-to-peer (P2P) lending platform PeopleFund announced today it has closed a $63.4 The latest funding brings the total raised by PeopleFund to about $83.6 PeopleFund targets the traditional personal credit loans market in South Korea, which is estimated at around $67 billion, according to the company.

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TechCrunch

SEPTEMBER 21, 2021

Business Canvas , the South Korean document management SaaS company behind Typed, announced today it has raised a $2.5 As for B2B, we are currently in the process of proof-of-concept for one of the largest conglomerates in South Korea.

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TechCrunch

NOVEMBER 21, 2022

Mom-and-pop stores and franchises — mostly offline — account for about 95% of the laundry market in South Korea, according to Laundrygo CEO Sung-woo Cho. But his South Korea–headquartered startup aims to digitize the laundry industry in the country. Investors like the idea. million in debt financing.

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South Korea San Francisco New York Service 87

TechCrunch

AUGUST 22, 2022

Socar’s debut comes amid a sluggish period in the IPO market in South Korea that has prompted a series of Korean companies to delay their listing plans. Socar, the first and only unicorn mobility startup in South Korea, aims to become the first listed profitable unicorn company, Park noted. million users and 1.4

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TechCrunch

JANUARY 31, 2023

To get there, they will need to find clever ways to decarbonize especially dirty businesses, including the buildings sector. South Korea is also taking measures to reduce emissions in the building sector by retrofitting buildings and strengthening ZEB requirements for new buildings through 2030. Likewise, the U.S.

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TechCrunch

MAY 8, 2022

South Korean startup Bucketplace , which operates a home decorating and interior app OHouse, is looking to continue capitalizing on that trend with its most recent $182 million Series D round, the startup’s co-founder and CEO Jay Lee said on Monday in an interview with TechCrunch. Lee told TechCrunch. billion ( 2 trillion KRW).

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TechCrunch

AUGUST 25, 2022

Nreal , the well-funded Chinese AR headset maker that’s been making aggressive global expansion, said Thursday that it has raised $15 million from Korean sunglasses brand Gentle Monster ’s parent company, IICOMBINED. Japan, South Korea, Spain, and Germany. the company said.

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South Korea Fund China Japan 84

TechCrunch

JANUARY 12, 2021

Launched in South Korea five years ago, content discovery platform Dable now serves a total of six markets in Asia. Dable announced today that it has raised a $12 million Series C at a valuation of $90 million, led by South Korean venture capital firm SV Investment. The Series C brings Dable’s total funding so far to $20.5

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South Korea Content Platform Taiwan 95

TechCrunch

MAY 29, 2022

Jarkata-based Astro, which provides 15-minute grocery delivery, has recently closed a $60 million Series B financing round, lifting its total funding to $90 million since the business launched just nine months ago. by 2022, compared to China’s 6% and South Korea’s 34% in 2020. ”

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South Korea Indonesia Work Raise 101

TechCrunch

NOVEMBER 14, 2021

The commercial real estate brokerage market in South Korea is fragmented, which makes finding a new office for tenants a challenge due to inaccurate listing information, high brokerage fee and complex paperwork. The latest funding brings its total raised to approximately $95 million. It has 354 employees as of October.

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South Korea Raise Vietnam Los Angeles 76

TechCrunch

AUGUST 29, 2021

This round of funding was led by Hanwha Hotel & Resort, which is a subsidiary of South Korean conglomerate Hanwha Corporation. The company had raised Series A funding of $1.8 The company had raised Series A funding of $1.8 million (13 billion won) in a Series B+ round as it scales up. million and an additional $1.2

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TechCrunch

MARCH 10, 2021

Founded in 2010, Coupang is sometimes described as the Amazon of South Korea, but for years it has managed the impressive feat of achieving an even higher dollar retention rate than Amazon, according to a report by Goodwater Capital. These are Rocket Fresh, its fresh grocery delivery business, and Coupang Eats, similar to Uber Eats.

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South Korea Amazon Rhode Island Retention 94

TechCrunch

JANUARY 6, 2022

Park also said SOCAR would replace a fleet of its vehicles with zero-emission, including electric or hydrogen-powered cars, by 2030 and strengthen its autonomous cars business. . The company already completed two acquisitions last month – South Korean online parking platform Modu Company and electric bike rental platform Elecle.

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TechCrunch

JUNE 22, 2021

The new funding was led by Alkeon Capital, an American investment firm, and included participation from new investors like Korea Development Bank, and returning backers Altos Ventures and Greyhound Capital. It will also use the funding to continue its expansion in overseas markets, including Vietnam, where Toss launched last year.

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South Korea Vietnam Raise Develop 100

TechCrunch

MARCH 23, 2022

Dongnae , a South Korea-based startup that helps tenants find premium apartment rentals, has closed $16.4 The Series A funding brings its total funding raised to approximately $34 million (40 billion KRW). . Two months after announcing its seed extension round in May 2021, the startup pivoted the business.

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TechCrunch

MAY 11, 2022

Zeals , a Tokyo-based startup that lets businesses communicate with their customers via its chat application, said Thursday it has secured $27.2 The latest round brings its total funding raised to $41.4 The coronavirus pandemic has fueled messaging apps to be the medium for personal, business or commerce to interact with each other.

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TechCrunch

NOVEMBER 9, 2021

“For years South Korea and Japan have produced large and iconic D2C brands. To make matters worse, MyGlamm was also among the last direct-to-consumer startups to kick off its journeys in that wave. Four years is a long time in the startup world. It’s now time India joins that club and sets new charts,” he said.

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Amazon India Fund South Korea 102

TechCrunch

AUGUST 15, 2022

The Mexico City-based company emerges with new funding, $3.9 We wanted to make the shrimp business more sustainable and more efficient without destroying the environment,” Russek said. “We CellMEAT, a South Korean lab-grown shrimp producer, bags $8.1M Series A funding . For example, South Korea-based CellMEAT raised $8.1

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Technology South Korea Indianapolis Mexico 95

TechCrunch

MAY 2, 2022

Augmented reality (AR) can help customers shopping online preview products before making a purchase, and is a growing area of investment for e-commerce businesses. According to a recent survey of 16,000 Snapchat users in 16 markets, 92% of Gen Zers want to use AR and VR for online shopping.

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TechCrunch

SEPTEMBER 27, 2021

Berkeley-based cultured meat company New Age Meats announced Monday it raised $25 million in Series A funding that will enable the company to begin production of its first product offering, a variety of pork sausages, next year. Growing awareness for healthy food and animal rights will also fuel the demand,” the company said.

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Culture Product South Korea Develop 97

TechCrunch

MARCH 28, 2023

The goal is part of an ambitious plan that the Seoul-based startup has laid out to boost its business after pivoting no less than five times since it was founded six years ago, but also most recently closing out a Series A of $26 million. The extension brings the startup’s total funding, and the Series A, to about $26.1

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TechCrunch

MARCH 4, 2022

Volocopter , the startup out of southern Germany (Bruchsal) that has been developing electric VTOL (vertical take-off and landing) aircraft and a business model for operating them in taxi-style fleets in urban areas, has picked up another big round of funding as it inches closer to its first commercial launches.

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South Korea Raise Singapore Germany 101

TechCrunch

AUGUST 16, 2022

QuotaBook , a Seoul-based equity management platform, has raised $11 million in funding led by Elefund, with participation from Access Ventures, Hana Securities and South Korean fintech company Viva Republica. About 40% of startups in Korea use QuotaBook’s service that provides cap table management, according to Choi.

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Platform Management South Korea Raise 85

TechCrunch

FEBRUARY 21, 2023

Green Labs, which now has over 650 employees, is laying off some of its workers as part of a restructuring after doubling employees following its Series C funding. Apart from the layoff, the startup is hitting a roadblock to raising another round of funding. TechCrunch reported that GreenLabs had 320 employees in January 2022.

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Green South Korea Aggregator Global 78

The Next Web

MARCH 2, 2014

As always, it is is a combination of these, but it is also the deeply rooted traditions of a) risk avoidance and b) separating research from business. The average startup fails at 20 months with $1.3million in funding according to CB Insights , who surveyed a group of failed/acquired startups. Don’t risk it! Bill Gates. Steve Jobs.

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Europe South Korea Lesson Attitude 163

TechCrunch

APRIL 28, 2022

Glorang , a Seoul-based edtech startup that offers after-school classes and extracurricular activities via online for students between the ages of 3 and 18, said Friday it has raised a $10 million Series A funding co-led by Korea Investment Partners and Murex Partners, along with Japan’s Pksha Capital. .

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Asia South Korea Vietnam Japan 80

TechCrunch

DECEMBER 1, 2020

fund, LearnStart. Both seed investors — South Korea-based BonAngels as well as LETA Capital — took part in this financing round in January this year ($1.5 Other attractive points were strong customer retention, international business footprint and a solid monetization via paid subscriptions.”.

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Children South Korea Raise Hungary 75

TechCrunch

NOVEMBER 10, 2021

Moov, a data-fueled marketplace for used manufacturing equipment , has closed a $41 million Series A funding round led by Tiger Global. Investors joining the round include public semiconductor investor Gavin Baker of Atreides Management, Valor Equity Partners, Avenir Growth Fund, and existing investors.

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TechCrunch

DECEMBER 8, 2022

The latest funding, which brings Akros’s total amount raised to $6.1 Chung explained to TechCrunch that PMaaS “enables B2B clients such as financial institutions, fintech startups and robot-advisors to launch their own exchange-traded funds (ETFs) without having to set up ETF teams and infrastructure.”

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TechCrunch

JULY 19, 2021

The round was led by South Korea-based Dattoz Partners, which will also take a seat on Kdan Mobile, and included participation from WI Harper Group, Taiwania Capital and Golden Asia Fund Mitsubishi UFJ Capital. More than half of Kdan Mobile’s users are in the U.S. and Europe, with 30% from Asia and 15% from Africa and Australia.

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