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Korean accelerator SparkLabs showcases social and e-commerce startups at its second Demo Day

The Next Web

SparkLabs , an accelerator program in South Korea that is bringing a Silicon Valley-like approach to the Asian country’s startup ecosystem, showcased its second batch of startups to investors at Demo Day today. Selling premium organic breads from local bakeries via an online platform is what this startup does. Lateral (Search).

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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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South Korean HR automation platform flex raises $32M Series B at a $287M valuation

TechCrunch

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. Now, flex is rapidly building the country’s first next-generation human resources information system and payroll platform.

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AmazeVR wants to scale its virtual concert platform with $17M funding

TechCrunch

AmazeVR , a Los Angeles-based virtual concert platform, said Tuesday it has raised a $17 million funding round to create immersive music experiences through virtual reality (VR) concerts. Both companies plan to launch Studio A in South Korea and produce immersive VR concerts. Are virtual concerts here to stay?

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Content discovery platform Dable closes $12 million Series C at $90 million valuation to accelerate its global expansion

TechCrunch

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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SoftBank-backed Korean edtech startup Riiid acquires Langoo, expands in Japan  

TechCrunch

Riiid , a South Korea-headquartered AI-powered edtech company, acquired its Japanese distribution partner Langoo to expand its Japan footprint. . million users downloaded the Riiid Tutor app in South Korea and Japan. Founded in 2014, it has approximately 210 employees globally, including South Korea, the U.S,

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Hong Kong’s offline and virtual events platform EventX closes $18M Series B

TechCrunch

Hong Kong-based events management platform EventX said today it has raised another $8 million for its Series B, lifting the total amount secured for this round to $18 million. The company started out by managing real-life events, from supporting user registration to helping attendees exchange virtual business cards.

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