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Despite “significant research gaps,” the evidence related to the land-based food chain “is certainly raising alarm,” said Lev Neretin, environment lead at the FAO, which is currently working on another technical report looking deeper into the problem of microplastic pollution in soils and crops.
The startup just raised $8.1 billion won) in a Series A led by SV Investment, with participation from strategic investor LG Uplus (a telco unit of LG), Korea Investment Partners and Crit Ventures, among others. The round brings the outfit’s total funding to date to $13.7 The company employs 27 people in SouthKorea.
LineNext, a web3 unit of the Japanese messaging app Line, raised $140 million in its funding led by Crescendo Equity Partners, a Peter Thiel-backed private equity firm in SouthKorea, to expand its web3 platform.
Danggeun Market, the publisher of SouthKorea’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.
Now a startup that is building voice skins for different companies to use across their services, and for third parties to create and apply as well, is raising some funding to fuel its growth. million pre-Series A round led by South Korean Kakao Entertainment along with Kakao Investment and LG CNS, an IT solution affiliate of LG Group.
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. The Series B funding round comes in the wake of the startup’s joint venture announcement with K-pop agency SM Entertainment in July.
According to an amended S-1 filing , South Korean e-commerce leader Coupang expects to price its initial public offering between $27 to $30 per share, potentially raising up to $3.6 Korean e-commerce firm Coupang raises $2 billion from SoftBank’s Vision Fund. After the IPO, Coupang will have a total of 1.7
Mycel , a South Korean startup making fungal-based biomaterials that can replace leather and meat, said it has raised $10 million (13 billion WON) in a pre-Series A round of funding. billion valuation in September 2021. Ecovative Design also closed $60 million in March 2021. billion by 2026.
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, SouthKorea.
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. Mental health startups are raising spirits and venture capital. Intellect, the mental health startup focused on APAC, raises $10M Series A.
SouthKorea-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. .
Una Brands , a Singapore-based e-commerce aggregator, has partnered with South Korean peer KlickBrands to expand its footprint in SouthKorea. . The strategic partnership will help South Korean e-commerce brands grow domestically and make inroads into more countries in Asia.
Viva Republica, the Seoul-based fintech company behind Toss , a super app with more than 40 financial services, announced today it has raised $410 million at a post-money valuation of $7.4 It will also use the funding to continue its expansion in overseas markets, including Vietnam, where Toss launched last year. listing.”.
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. The company plans to raise its Series A funding in June after completing acquisitions in the first half of this year, Lee noted. .
The commercial real estate brokerage market in SouthKorea 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.
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 SouthKorea. . The Pavilion Capital-backed AI chipmaker has raised about $72.8 million since its inception in 2020. .
The SouthKorea-based startup announced today it has raised an $18 million Series A led by returning investor Must Asset Management, at a valuation of $90 million. Ringle is preparing to launch a program for school kids later this year, and also has plans to open offine educational spaces in SouthKorea and the United States.
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.
The real estate market in SouthKorea is very fragmented, which means people often have to work with dozens of brokers before they find a new home. Today the startup announced it has raised a seed extension of $4.1 million, doubling its total raised to $8.2 Dongnae raises $4.1
Riiid , a SouthKorea-headquartered AI-powered edtech company, acquired its Japanese distribution partner Langoo to expand its Japan footprint. . The acquisition comes after the company’s latest $175 million Series D round from SoftBank’s Vision Fund 2 in May. Riiid claims that more than 2.5 Canada, Brazil, and Vietnam. .
The SouthKorea 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. SevenRooms raises $50M to double down on reservations, ordering and other tools for hospitality businesses.
The latest funding brings its total raised to approximately $761 million and values the company at $3.3 Kurly was the first company in SouthKorea to deliver premium food early in the morning the next day when it launched back in 2015. Korean grocery startup Kurly raises $150M. billion. .
Now, a South Korean augmented reality (AR) startup called RECON Labs , which enables e-commerce customers to create 3D models within a few hours by taking a short video of products via its platform PlicAR, has raised $4.4 New investors Korea Investment Partners, Hanwha Techwin and Kakao Brain also joined in the round. “We
The latest round brings its total fundingraised to $41.4 JIC Venture Growth Investments led the Series E equity funding, with participation from Z Venture Capital , a venture investment arm of Z Holdings, Japan Post Capital and Salesforce Ventures. million (3.5 billion yen) in equity and $11.6 million (1.5 billion yen) in debt.
This extension was led by automotive startup VinFast, a member of Vietnam’s Vingroup conglomerate, which itself is reportedly looking to raised $1 billion for VinFast. This round brings the company’s total funding to $27 million. Karamba Security raises $2.5 Pham Thuy Linh.
As the boom of the e-commerce aggregator trend continues in Asia, SouthKorea, the fifth-largest e-commerce market in the world, is rolling up. The company said Tuesday that it has raised $35 million in debt and $15 million in equity in a Series A round. The investment comes months after the startup raised $4.75
Demand for contactless payments and e-commerce has grown in SouthKorea during the COVID-19 pandemic. The Seoul-based startup announced today it has raised a $60 million Series B. It brings CHAI’s total funding to $75 million, including a $15 million Series A in February.
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?in
Akros just raised $2.3 The latest funding, which brings Akros’s total amount raised to $6.1 The latest funding, which brings Akros’s total amount raised to $6.1 In March, Akros raised $3.75 million in funding from PeopleFund, a South Korean peer-to-peer lending platform.
Mediwhale focuses on SouthKorea as a testbed before launching its service in the U.S. In other words, health insurance covers Reti-CVD as doctors in primary care and hospitals officially use it to treat patients in SouthKorea for the next two years; afterward, Mediwhale must submit additional clinical data to get a permanent code.
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 SouthKorea’s 34% in 2020.
SouthKorea-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 Korean lending startup PeopleFund raises $11M led by chat app Kakao’s payment unit. million (75.9
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 SouthKorea’s currency has depreciated against the dollar this year.).
QuotaBook , a Seoul-based equity management platform, has raised $11 million in funding led by Elefund, with participation from Access Ventures, Hana Securities and South Korean fintech company Viva Republica. About 40% of startups in Korea use QuotaBook’s service that provides cap table management, according to Choi.
Standard Energy , a vanadium ion battery developer, announced today it has raised a $8.9 The SouthKorea-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.
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
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.
South Korean startup Bucketplace , which operates a home decorating and interior app OHouse, is looking to continue capitalizing on that trend with its most recent $182 million Series D round, the startup’s co-founder and CEO Jay Lee said on Monday in an interview with TechCrunch. Lee told TechCrunch. billion ( 2 trillion KRW).
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.
Nreal , the well-funded Chinese AR headset maker that’s been making aggressive global expansion, said Thursday that it has raised $15 million from Korean sunglasses brand Gentle Monster ’s parent company, IICOMBINED. Japan, SouthKorea, Spain, and Germany. It only debuted in China, where it’s based, in August.
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. The company had raised Series A funding of $1.8
SouthKorea is also taking measures to reduce emissions in the building sector by retrofitting buildings and strengthening ZEB requirements for new buildings through 2030. In energy-efficiency tech, Energy X’s peers include Enpal, which raised a $174 million Series C at a valuation of $1.1 Likewise, the U.S.
But it at least has a chance among the plethora of solutions out there, having raised a $4.25 fund, LearnStart. Both seed investors — SouthKorea-based BonAngels as well as LETA Capital — took part in this financing round in January this year ($1.5 TMT Investments and Xploration Capital also joined the round.
SOCAR has reached approximately $834 billion (1 trillion won) valuation after raising $50.7 The company has raised a total of about $275 million since its inception in 2011, the company spokesperson confirmed. In 2018, SOCAR set up a Malaysia-based subsidiary SOCAR Malaysia, which has raised a total of $73.2 million so far. .
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