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South Korean e-scooter company Gbike acquires Hyundai Motor’s micromobility platform ZET 

TechCrunch

Gbike , a South Korea-based micromobility Gcooter operator, is acquiring Hyundai Motor’s shared micromobility sharing platform ZET as it wants to increase its market share and create technological synergies via ZET’s fleet management system. . The financial terms of the deal were not disclosed. .

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Green Labs secures $38.4M in debt financing about a month after conducting layoff

TechCrunch

Indeed, 900,000 farmers currently use the app in South Korea, and that figure has tripled in the past 12 months since its launch in 2021, Shin said. The problem arose when South Korea’s bond market froze in the second half of last year due to the default of the theme park Legoland.

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Hyundai’s autonomous vehicle project with Aptiv will now be called Motional

The Verge

In an interview, he said the company’s fleet of vehicles that are operating in Las Vegas, Singapore, and Seoul will soon be rebranded with the “Motional” brand. Unlike some of its competitors, Hyundai receiving financial support from the government of South Korea to boost its efforts in both autonomous and electric vehicle development.

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SoftBank-backed Socar, South Korea’s largest car-sharing startup, tumbles on market debut

TechCrunch

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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Seadronix aims to reduce marine accidents at port and sea with AI

TechCrunch

Seadronix will use the capital to grow its team beyond the current headcount of 30 employees and enter global markets, including Singapore and Europe, where its “smart ports” are located, Byeolteo Park, CEO and co-founder, said in an interview with TechCrunch. Image Credits: Seadronix.

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Meet Seoul-based accelerator SparkLabs’ 19th batch of startups 

TechCrunch

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. . He added that its partners and mentors are all former entrepreneurs and have global business experience in both the U.S.

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Korean proptech startup Rsquare raises $72M Series C to fuel its expansion

TechCrunch

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. Rsquare has handled more than 10,000 office brokerage transactions with over 21,000 clients in South Korea.