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. However, flex plans to expand the addressable market by targeting new industries in the SMB space this year. The startup has primarily been serving SMBs in the IT sector.

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South Korea Platform Raise Resource 100

TechCrunch

SEPTEMBER 28, 2022

Like other industries, the entertainment sector was affected by the coronavirus lockdown. AmazeVR is betting that virtual shows, which have become popular among artists and fans since the pandemic, are going to take over the entertainment industry. Both companies plan to launch Studio A in South Korea and produce immersive VR concerts.

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TechCrunch

MAY 10, 2022

Seadronix says some smart ports across the globe have adopted innovative technologies ; for example, Port of Rotterdam in the Netherlands, Port of Hamburg in Germany and Port of Singapore, but that generally, the traditional shipping industry is conservative and resistant to change, meaning it’s therefore ripe for disruption.

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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

NOVEMBER 2, 2022

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. . SparkLabs began in Korea to find and help local Korean startups in their seed stage and help them go global.

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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. Laundrygo also has plans to expand geographically.

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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 In early June, only three Korean P2P lenders out of 41 applicants were granted licenses from the FSC to operate the business legally: PeopleFund, Lendit and 8 Percent. million (75.9

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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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South Korea Files Share Malaysia 90

TechCrunch

OCTOBER 26, 2020

It has since expanded into other businesses, including offline venue operation. This Series B funding round comes four years after VSPN’s 2016 Series A funding round, which was led by Focus Media Network, joined by China Jianteng Sports Industry Fund, Guangdian Capital and Averest Capital. SPACE in Seoul, South Korea.

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TechCrunch

AUGUST 26, 2021

We plan on hiring heavily across all functions, from machine learning, artificial intelligence and product development to marketing and business development. It is expected that LOVO will create additional synergies in the entertainment industry in the wake of the latest funding from a South Korean entertainment.

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TechCrunch

MARCH 23, 2022

Dongnae , a South Korea-based startup that helps tenants find premium apartment rentals, has closed $16.4 Shampine noticed residential real estate was big in South Korea but also knew he didn’t know enough, especially about the local proptech space, he said. million to digitize real estate in South Korea.

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TechCrunch

SEPTEMBER 27, 2021

Hanwha Solutions of South Korea led the funding round and was joined by existing investors SOSV’s IndieBio, TechU Ventures, ff VC and Siddhi Capital. Hanwha Solutions, which corresponded via email, said that its business mission aligned with New Age Meats and sees potential for growth in the cell-based pork market.

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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 plans also include launching a new security robot alongside its models dedicated to delivery.

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TechCrunch

AUGUST 15, 2022

We wanted to make the shrimp business more sustainable and more efficient without destroying the environment,” Russek said. “We The company grew its Mexican business 5x between 2020 and 2021. That growth has enabled us now to be in a very strong position to make an impact in the industry,” he added. million for lab-grown shrimp.

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Fast Company Tech

MARCH 18, 2025

As the industry grapples with the larger questions of how to create viable solid-state batteries or commercialize robotaxi service , the companies listed here are focused on the incremental steps toward a fully autonomous future. billion in 2024, thanks to business from customers in more than 110 countries.

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TechCrunch

NOVEMBER 10, 2021

The two say that they recognized that companies in the industry, such as Qualcomm and Samsung, spend billions of dollars a year purchasing manufacturing equipment only for it to get scrapped or forgotten in an offsite warehouse in a few years despite being usable for decades.

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TechCrunch

FEBRUARY 21, 2023

Green Labs, whose pre-money valuation was approximately $700 million, received Series C funding from BRV Capital Management, Skylake Incuvest and SK Square to accelerate global expansion of its core business proposition: building sustainable solutions to resolve global food supply chain issues.

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TechCrunch

OCTOBER 29, 2021

Kurly , a South Korea-based online grocery startup that provides next-day delivery services across the country, will go public by June next year. . Competition in the online grocery delivery industry has been heating up, spurred by the pandemic. billion after it goes public. . billion valuation in July. .

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TechCrunch

APRIL 28, 2022

Hwang said that its business model is similar to Outschool, the San Francisco-based after-school marketplace for children. The coronavirus pandemic has forced students in many parts of the globe to become online learners; t he education technology industry has experienced a sudden surge and demand globally due to the pandemic.

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TechCrunch

AUGUST 25, 2022

The fresh capital will enable Nreal to accelerate its global expansion and double down on the company’s consumer business in the U.S., Japan, South Korea, Spain, and Germany. Japan, and Korea, though the company expects China to grow soon to be one of its top markets. the company said.

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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. We’ve observed more and more industries embracing remote or hybrid work for years now, even before 2020,” he said. “We

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TechCrunch

JANUARY 28, 2022

Zigbang , a South Korean proptech startup that provides real estate transactions service, announced on Thursday that it will acquire Samsung SDS’ home internet of things (IoT) unit to make a foray into the smart home industry. . Its main products include digital door locks and wall pads that connect to users’ smartphones.

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TechCrunch

JULY 6, 2022

Whether they do it out of a fear of missing out or genuine belief in blockchain technologies, the trend appears irreversible at least for now, as investment keeps pouring into the industry. It will also be spending the money on marketing, business development and hiring. Singapore has emerged as a crypto hub in Asia in recent years.

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TechCrunch

JANUARY 17, 2023

Another reason for its runway extension is to meet one of the requirements for a P2P lending license, according to industry sources. In South Korea, P2P lending marketplaces must pass yearly requirements to get a license from Financial Services Commission (FSC) to run their business. PeopleFund’s loan balance was $264.3

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TechCrunch

SEPTEMBER 30, 2021

The company, which is a member of DNA Storage Alliance , will continue to support collaborators and partners of the DNA-based computing system for helping the industry grow, according to Park. Early this year, Catalog opened an office in Seoul, South Korea, a wholly subsidiary of Catalog, for Asia expansion, Park noted.

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Data Platform South Korea Raise 95

TechCrunch

NOVEMBER 9, 2021

“For years South Korea and Japan have produced large and iconic D2C brands. 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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The Next Web

JANUARY 24, 2014

Our population churns out 181 patents per million inhabitants ranking us #8 in the world – ahead of the US, South Korea and Norway. A conducive business environment. The Dutch have a solid business environment today. In addition, Dutch businesses enjoy an effective and efficient political & regulatory environment.

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TechCrunch

DECEMBER 14, 2022

The Singapore-based startup with offices in Indonesia and South Korea intends to launch its service officially in Indonesia in the first quarter of next year. Bang founded Plugo two months ago with five founding members. Approximately 200 D2C brands have already started using Plugo’s beta service in Indonesia.

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Asia Indonesia Platform Support 79

TechCrunch

APRIL 26, 2023

In light of the sector’s growing popularity, the Japanese government has been proactive in loosening e-scooter regulations to further stimulate the micromobility industry. based Bird and South Korea-based Swing, but they have had limited success so far. The company declined to comment on the valuation.

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Raise South Korea Japan License 66

TechCrunch

JULY 5, 2022

Speaking of putting capital to use in easier ways, some VC firms continue to raise funds, and Sequoia Capital has been very busy. Here’s what else you might like today: Show me the money : Kyle reports on Tesorio, which closed on a $17 million Series B to continue developing tools to help businesses automate their payment collection process.

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Platform South Korea Slides Europe 92

The Verge

APRIL 21, 2021

But building out charging infrastructure to handle passenger EVs is going to be a challenge for any company that wants to build a business there. Gogoro has spent the last few years encouraging industry giants like Yamaha and Suzuki to hasten the switch to electric power by striking deals with them to license its plug-and-play batteries.

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India Tech South Korea Taiwan 69

TechNode

JANUARY 16, 2024

Why it matters: The deal is the latest in BYDs efforts to scale up its energy storage business and lead in areas beyond electric vehicles, venturing into the booming renewable energy sector, as global EV sales are reportedly poised for slower growth due to lower state subsidies this year. Context: BYD had captured around 11.5% It deployed 6.5

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Chile System South Korea Lithium 52

TechCrunch

MARCH 23, 2023

Now, on with the news! — Christine and Haje The TechCrunch Top 3 More layoffs : The layoffs affecting the technology industry are now making their way to the companies that service them. Our team has been working hard all day to keep up with everything going on there, and you can read the fruits of their labor in the Big Tech section.

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Files South Korea Montenegro India 91

TechCrunch

DECEMBER 8, 2022

Artificial intelligence is taking over almost every industry. The investment and finance industry is no exception. Akros Technologies wants to disrupt the current asset management industry via its AI-driven asset management software platform that mines market data for stocks. Akros just raised $2.3 In March, Akros raised $3.75

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TechCrunch

AUGUST 24, 2022

Supply chain disruption caused by the COVID-19 pandemic and the war in Ukraine is driving increased costs of goods and services, affecting not only the industrial sector (e.g., semiconductors), but also the agriculture industry. Tridge, which posted less than $7.4

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TechCrunch

SEPTEMBER 23, 2022

million to make it cheaper and easier for businesses to hire remote workers globally , reports Mary Ann. More TC+ goodness: Semiconductor party in the USA : Simon Butler explores what the CHIPS and Science Act means for the future of the semiconductor industry. Working from wherever : Remofirst raises $14.1 billion since June.

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South Korea Report Job Raise 80

TechCrunch

MAY 25, 2021

“Our business initially dropped 80% in eight weeks. There’s latent demand for life insurance currently unaddressed by much of the financial services industry, and embedded finance can be the solution. And does it have an attractive business profile? I say it’s like driving a car. So, has Zeta itself grown quickly?

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