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. 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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TechCrunch

FEBRUARY 14, 2022

According to eMarketer , Japan and Korea’s e-commerce markets were estimated at $144 billion and $121 billion, respectively, in 2021. Despite the large e-commerce market size, both countries have fewer e-commerce aggregators than other countries with smaller markets, South Korean e-commerce aggregator New Vessel said.

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TechCrunch

MARCH 30, 2023

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. It also operates B2B marketplace Sinsun Market, and it has the ambition to be a LinkedIn for farmers, Shin added. Green Labs , a Seoul-based agritech startup, has secured $38.4

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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. . million (92 billion KRW) in total Series A funding, bringing its total funding to about $102.8

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

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South Korea Asia United States Fund 91

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. Bob W, the ‘tech-driven’ hospitality provider, raises €10M in seed funding.

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TechCrunch

DECEMBER 9, 2020

Demand for contactless payments and e-commerce has grown in South Korea during the COVID-19 pandemic. This is good news for payment service operators, but the market is very fragmented, so adding payment options is a time-consuming process for many merchants.

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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 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.).

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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 The latest funding brings the total raised by PeopleFund to about $83.6 PeopleFund targets the traditional personal credit loans market in South Korea, which is estimated at around $67 billion, according to the company.

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South Korea Rate License Asia 98

TechCrunch

MARCH 1, 2021

This means the means the pricing would give Coupang a potential market capitalization between $46 billion to $51 billion, a huge increase over the $9 billion valuation it reached after its last funding round in 2018, led by SoftBank Vision Fund. Korean e-commerce firm Coupang raises $2 billion from SoftBank’s Vision Fund.

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South Korea Raise Classes Files 100

TechCrunch

FEBRUARY 6, 2022

Swing , a South Korean electric scooter and micromobility startup, announced today it has raised $24 million in a Series B round to spur its growth and expansion to Japan. . The funding was led by White Star Capital, which also invested in Berlin-based Tier Mobility, and included existing backer Hashed, among others.

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TechCrunch

MAY 10, 2022

The fresh funds, led by SoftBank Ventures Asia , bring Seadronix’s the total round up to $8.3 “With this funding, we hope to recruit more staff for the AI, sensor fusion and navigation business and accelerate our global market penetration plan.” The company just secured a $5.8 Image Credits: Seadronix.

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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. The latest funding, which brings its total raised to $42 million, was led by Greenoaks , with participation from DST Global Partners. .

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South Korea Platform Raise Resource 100

TechCrunch

NOVEMBER 2, 2022

During its program, SparkLabs provides funding, mentorship and access to administrative and legal advisory support for startups. 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. .

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TechCrunch

NOVEMBER 16, 2022

Founded in Singapore and based in Los Angeles and South Korea, Summer International announced today it has raised a $5 million seed round from investors including GDP Ventures, Teja Ventures, Gushcloud International and Singaporean angel investors Koh Boon Hwee and Shirley Crystal Tan.

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TechCrunch

APRIL 1, 2021

The new firm also announced the launch of a 30 billion JPY (about $271 million USD) fund, which it claims makes it one of the largest corporate venture capital funds in Japan. DNX Ventures launches $315 million fund for US and Japanese B2B startups. SIP Global Partners announces first close of its $150M fund to bring U.S.

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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

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

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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South Korea Vietnam Raise Develop 100

TechCrunch

AUGUST 25, 2022

Augmented reality headsets have been around for years, but none of the market players has really expanded beyond the techy demographic and broken into the mainstream. Japan, South Korea, Spain, and Germany. Japan, and Korea, though the company expects China to grow soon to be one of its top markets.

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South Korea Fund China Japan 84

TechCrunch

NOVEMBER 10, 2022

Amagi, which offers cloud broadcast and targeted advertising software to scores of media and entertainment giants, has raised a large new funding round as it looks to expand its tech offerings and invest in AI-powered personalization stack. The Series F funding has propelled Amagi’s valuation to $1.4

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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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South Korea Content Taiwan Platform 95

TechCrunch

NOVEMBER 14, 2021

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. The latest funding brings its total raised to approximately $95 million. It has 354 employees as of October.

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South Korea Vietnam Raise Los Angeles 76

TechCrunch

APRIL 5, 2022

As the boom of the e-commerce aggregator trend continues in Asia, South Korea, the fifth-largest e-commerce market in the world, is rolling up. million in seed funding in August 2021 and $18 million in debt in November 2021, said Andrew Joo, co-founder of Wholesum. The investment comes months after the startup raised $4.75

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South Korea Platform Raise Asia 79

TechCrunch

FEBRUARY 24, 2022

The fresh capital, which brings its total funding raised to $135 million, was led by Affirma Capital, with participation from Sequoia Capital India, Hana Ventures, ICT Capital, EDB Investment (EDBI), AC Ventures, RTP Global and Momentum Venture Capital. Advanced rider assistance systems: Tech spawned by the politics of micromobility.

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Singapore Marketing South Korea Asia 100

TechCrunch

APRIL 7, 2022

Peeba says the lack of B2B-focused online wholesale solutions and tech infrastructure hampered Asia’s antiquated B2B retail, wholesale market in business growth and new market entries during the pandemic. million in seed funding led by Headline Ventures. The new round of funding brings its total raised to $5.8

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Marketing Asia Digital Raise 87

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. Investors like the idea. million in debt financing.

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TechCrunch

AUGUST 29, 2021

This round of funding was led by Hanwha Hotel & Resort, which is a subsidiary of South Korean conglomerate Hanwha Corporation. The company had raised Series A funding of $1.8 The company had raised Series A funding of $1.8 Global metaverse market size is projected to increase $280 billion by 2025 from $30.7

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South Korea Tools Japan Data 75

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. Founded in 2016, the startup’s last funding announcement was for its $10 million Series A, led by IDG, in May 2018. As Coinbase looks to list, Robinhood rides the crypto boom.

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South Korea Singapore Raise Tech 92

TechCrunch

JUNE 2, 2022

The Series A, which was oversubscribed — the firm initially targeted around $40 million — and wrapped up in less than three months, brings Rebellions’ total funding raised to about $80 million (100 billion KRW) at an estimated valuation of $283 million (325 billion KRW), CEO of Rebellions Park said in an interview with TechCrunch. .

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South Korea Gartner Taiwan Fund 98

TechCrunch

OCTOBER 11, 2021

Fount , a robo-advisor startup in South Korea, has raised a $33.4 Returning backers Smilegate Investment, KT Investment, Shinhan Capital and Korea Development Bank also participated. Returning backers Smilegate Investment, KT Investment, Shinhan Capital and Korea Development Bank also participated. of millennials. .

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South Korea Platform India Global 77

TechCrunch

MAY 29, 2022

Jarkata-based Astro, which provides 15-minute grocery delivery, has recently closed a $60 million Series B financing round, lifting its total funding to $90 million since the business launched just nine months ago. 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

SEPTEMBER 15, 2021

The San Francisco-based startup is announcing today that it has raised $10 million in a Series A funding round co-led by Kapor Capital and KB Investment Inc. KBIC), a subsidiary of South Korea’s leading consumer bank. The market is way bigger than we even realized.”. Kim, who immigrated to the U.S.

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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

SEPTEMBER 27, 2021

Berkeley-based cultured meat company New Age Meats announced Monday it raised $25 million in Series A funding that will enable the company to begin production of its first product offering, a variety of pork sausages, next year. He expects to be able to go to market in 2022, pending approval from the U.S. Food and Drug Administration.

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Culture Product South Korea Develop 97

TechCrunch

DECEMBER 2, 2021

South Korea’s Samsung Venture Investment (SVIC) also participated, in addition to existing investors YL Ventures, Fontinalis Partners, Liberty Mutual, Presidio Ventures, Glenrock, Paladin Group and Asgen. This round brings the company’s total funding to $27 million. ” Karamba Security’s XGuard.

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South Korea Raise Vietnam Platform 99

TechCrunch

OCTOBER 20, 2020

Eat Just’s current distribution partners in Asia include SPC Samlip in South Korea, Betagro in Thailand and an as-of-yet undisclosed new partner in China, where Just Egg is already available on Alibaba’s Tmall and JD.com. Its investors include Khosla Ventures and Li Ka-Shing.

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Asia South Korea Singapore San Francisco 21