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Korea’s Portlogics makes international shipping easier for merchants with its software tool

TechCrunch

Most merchants in South Korea keep track of their international shipping logistics via email until their cargo safely gets to its destination. million (2 billion won) in pre-Series A funding from investors, including K2G Fund and strategic investor GS Global , which Korean conglomerate GS Holdings owns.

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Seoul-based payment tech startup CHAI gets $60 million from Hanhwa, SoftBank Ventures Asia

TechCrunch

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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Atommerce wants to scale its mental health platform with $16.7M funding

TechCrunch

With the recent funding, Atommerce plans to enhance artificial intelligence and machine learning technology for its platform and invest in digital therapeutics specialized in mental illness. When asked regarding its next funding plan, the company is considering raising Series C in Q1 2023. . Image Credits: MiNDCAFE app.

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South Korean online secondhand marketplace Danggeun Market raises $162M at a $2.7B valuation

TechCrunch

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

TechCrunch

The startup has built smart farming software and hardware for farmers to digitize the entire agriculture value chain, from crop to distribution. 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.

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Korean proptech startup Dongnae gets $4.1M seed extension led by NFX

TechCrunch

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 new funding was led by investment fund NFX, with participation from returning investors Flybridge and MetaProp, who led Dongnae’s first seed round. Dongnae raises $4.1

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South Korean financial super app Toss closes $405M Series G as valuation rises 7%

TechCrunch

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.).