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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TechCrunch

FEBRUARY 14, 2023

Most merchants in South Korea keep track of their international shipping logistics via email until their cargo safely gets to its destination. Portlogics, which now has 19 employees (six in R&D), will use the new capital to further develop its platform, including by hiring additional employees. billion in 2030 , up from $2.92

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TechCrunch

JULY 5, 2022

South Korean AI chip developer Rebellions has raised a $22.8 million (30 billion KRW) extension to its Series A financing from a strategic investor KT , one of the largest telecom companies in South Korea. . Intel acquired Habana Labs, an Israeli startup developing AI chipmaker for data centers, in 2019. .

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Fast Company Tech

MARCH 18, 2025

The heated race to develop and deploy new large language models and AI products has seen innovation surgeand revenue soarat companies supporting AI infrastructure. They included trapped-ion specialist Quantinuum and neutral atom-focused startup Atom Computing. in Ehningen, Germany.

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The Verge

MARCH 23, 2022

Google is introducing a pilot to let “a small number of participating developers” offer a payment system in addition to Google Play’s. Samat says the feature builds on its plans to allow additional billing systems in South Korea , which Google made in response to legislation passed in South Korea last year.

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TechCrunch

SEPTEMBER 6, 2021

The South Korea and Japan-based startup automates front and backend processes including accommodation reservation, room management and front desk duties, and it will be using the funds to continue expanding its business. Mint House claims top NYC hotel after COVID changed its hospitality business.

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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. He expects to be able to go to market in 2022, pending approval from the U.S. He also sees demand for products coming from markets that eat a lot of pork, like Asia.

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TechCrunch

MAY 19, 2021

The real estate market in South Korea is very fragmented, which means people often have to work with dozens of brokers before they find a new home. The startup’s other investors include Goodwater Capital, Maple VC and strategic angel investors in South Korea and the United States. Dongnae raises $4.1

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South Korea Asia United States Fund 91

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. In 2020, it increased its market share to 24.6%, up from 18.1% Coupang market share.

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South Korea Amazon Rhode Island Retention 94

TechCrunch

FEBRUARY 6, 2022

Founder and chief executive officer of Swing San Kim told TechCrunch that the startup will use the proceeds to increase its fleet of micromobility and further penetrate the Japanese market. Swing aims to take the market. No one doubted the market potential. Swing currently has more than 50 franchise partners, Kim said. . “No

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TechCrunch

MARCH 2, 2023

Its video review marketing tool is called VREVIEW , and it works by sending a chatbot to a merchant’s customers to collect their video reviews and product ratings. million and it will be used to continue developing its video platform. market in the second quarter of this year to attract more users overseas.

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South Korea Review Video Tools 98

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 South Korea’s currency has depreciated against the dollar this year.). Korea Investment & Securities participated in the latest funding as well. billion (8.5

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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

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

Socialbrite

AUGUST 4, 2020

W ith the onset of the coronavirus pandemic, nonprofits and social enterprises have had to rethink their marketing strategies. Nonprofits have been scrambling to develop appropriate communication strategies to approach their stakeholders during these trying times. Social media marketing during COVID-19. Post by Alma Causey.

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TechCrunch

MAY 8, 2022

With the home now a place for work, school and leisure all at once, the DIY home improvement market has grown so significantly that globally, it’s expected to reach $514.9 Bucketplace also claims that OHouse has been downloaded more than 20 million times in South Korea. billion by 2028-end , up from $333.7 billion in 2021.

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TechCrunch

JANUARY 12, 2021

Launched in South Korea five years ago, content discovery platform Dable now serves a total of six markets in Asia. Now it plans to speed up the pace of its expansion, with six new markets in the region planned for this year, before entering European countries and the United States.

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TechNode

JANUARY 16, 2025

Xiaomi on Wednesday announced its entry into the South Korean market at its first Seoul press conference. The Chinese phone maker detailed its business development plans, including the rollout of five product categoriessmartphones, TVs, wearables, power banks, and robotic vacuum cleanersbetween now and early February.

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TechCrunch

AUGUST 15, 2022

Mycel is in talks with global cosmetic brands to co-develop the mycelium-based leather products as well as cosmetics ingredients, Sah said, adding that it aims to commercialize its mushroom leather in 2023. Mycel is also competing in the alternative protein space with fungi-based food developers like Mycorena and Quorn.

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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

MARCH 28, 2023

CEO of Neubility Sangmin Lee told TechCrunch that it’s been focused on developing hardware and software for its latest effort, delivery robots, since late 2019. The Neubie will help deliver the ordered items in some limited towns in a couple of cities, such as Seoul and Incheon in South Korea. Delivery robots will be a $1.8

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TechCrunch

OCTOBER 11, 2021

Fount , a robo-advisor startup in South Korea, has raised a $33.4 million Series C round to beef up its machine learning-based platform development and hire staff. . Returning backers Smilegate Investment, KT Investment, Shinhan Capital and Korea Development Bank also participated. of millennials. .

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TechCrunch

APRIL 14, 2021

Standard Energy , a vanadium ion battery developer, announced today it has raised a $8.9 The South Korea-based company says its batteries’ advantages over lithium ion include less risk of ignition and the ease of sourcing vanadium. million Series C from SoftBank Ventures Asia.

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Asia Lithium South Korea Raise 100

TechCrunch

OCTOBER 26, 2020

Further confirmation that the esports market is booming amid the pandemic comes today with the news that esports “total solutions provider” VSPN (Versus Programming Network) has raised what it describes as “close to” $100 million in a Series B funding round, led by Tencent Holdings. SPACE in Seoul, South Korea.

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TechCrunch

AUGUST 29, 2021

Urbanbase , a Seoul-based company that develops a 3D spatial data platform for interior planning and design, announced today it has raised $11.1 This round of funding was led by Hanwha Hotel & Resort, which is a subsidiary of South Korean conglomerate Hanwha Corporation. Existing investors did not join this round.

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The Verge

DECEMBER 24, 2021

Apple must allow dating app developers to offer non-Apple payment systems for in-app purchases or face a hefty fine, according to a detailed ruling released today from the Netherlands Authority for Consumers and Markets (ACM). Illustration by Alex Castro / The Verge. Apple has special responsibilities because of its dominant position.

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TechNode

SEPTEMBER 21, 2023

In 2022, Chinese domestically developed video games generated a total sales revenue of $17.346 billion in overseas markets, according to a September 20 report by Jiemian, citing data from a state-run research institution. Jiemian, in Chinese ]

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TechCrunch

JUNE 2, 2022

Global venture capital firms are pouring money into the semiconductor startups developing the next generation of chips. Sunghyun Park , a former quant developer at Morgan Stanley in New York, launched artificial intelligence semiconductor startup Rebellions with four co-founders to enter this red-hot industry in 2020.

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Fast Company Tech

MARCH 18, 2025

Of course, digital and connected features are becoming crucial to the user experience, and Nvidia , Qualcomm , and LG Electronics are racing to develop the computing power for faster processing and seamless service. The year also saw the companys rapid expansion across Asia and into Mexico, South America, Europe, and Australia.

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TechCrunch

OCTOBER 20, 2020

Eat Just Asia also received support from the Singaporean government’s Economic Development Board. In addition to Just Egg, Eat Just and Proterra said they are also in talks to expand their partnership to include the development of plant-based meat alternatives.

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Asia South Korea Singapore San Francisco 21

TechCrunch

MARCH 31, 2021

ImToken , the blockchain tech startup and crypto wallet developer, announced today it has raised $30 million in Series B funding led by Qiming Venture Partners. We believe that imToken is riding this trend, and has strongly positioned itself in the market.”. ImToken will use its latest funding to build features for “imToken 3.0.”

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South Korea Singapore Raise Tech 92

TechCrunch

MAY 29, 2022

Founded by Tokopedia veteran Vincent Tjendra , Astro plans to spend its funding proceeds on user acquisition, product development and hiring more staff to add to its current team of 200. 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

MAY 2, 2022

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. The company currently offers its service to more than 22 small and medium companies in South Korea, and is in discussion with potential customers in the fashion, toy and food sectors, Ban said.

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TechCrunch

SEPTEMBER 18, 2022

This week, however, Google confirmed that it’s slashing half of the Area 120 projects currently in development, with the incubator “shifting its focus” to AI projects. ” Alex looks at the current state of the early-stage startup market : “Call it the glass half-full/glass half-empty seed market,” he writes.

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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. It has raised $579 million?

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South Korea Raise Singapore Germany 101

TechCrunch

MAY 11, 2022

The global market of conversational commerce, also known as chat commerce or conversational marketing, is expected to increase to $290 billion by 2025, up from $41 billion in 2021, representing a 590% rise for the next four years, according to a report by Juniper Research. Image Credits: Zeals.

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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. . The Seoul-based online grocery company said its IPO proceeds will be used to advance its research and development, enhance its order process and improve its payment system.

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