TechCrunch

MARCH 2, 2023

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 South Korea. The startup just raised $8.1

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TechCrunch

AUGUST 15, 2022

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. Ecovative Design also closed $60 million in March 2021. Its pre-money valuation is approximately $40 million (50 billion WON), according to Sah.

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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

FEBRUARY 10, 2022

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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TechCrunch

MARCH 7, 2022

Una Brands , a Singapore-based e-commerce aggregator, has partnered with South Korean peer KlickBrands to expand its footprint in South Korea. . The strategic partnership will help South Korean e-commerce brands grow domestically and make inroads into more countries in Asia.

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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. 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

JUNE 5, 2022

You only have to look at how fast well-funded startups like Joby Aviation, Wisk Aero and Lillium are building and testing electric vertical takeoff and landing, or eVTOL, aircraft. However, South Korea, which lacks the venture capital, entrepreneurial ecosystem and aerospace legacy of the U.S., trillion ($1.4

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TechCrunch

OCTOBER 7, 2021

Riiid , a South Korea-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. .

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TechCrunch

AUGUST 17, 2021

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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South Korea Marketing Raise Online 100

TechCrunch

FEBRUARY 14, 2022

The startup announced today it has raised an undisclosed seed round co-led by South Korean internet giant Naver, CKD Venture Capital and Wooshin Venture Investment, with participation from Lighthouse Combined Investment and S&C Networks to take the market in South Korea and Japan. . Image Credits: eMarketer (screenshot).

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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

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. The problem arose when South Korea’s bond market froze in the second half of last year due to the default of the theme park Legoland.

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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. Dongnae raises $4.1

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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. 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. It brings CHAI’s total funding to $75 million, including a $15 million Series A in February. CHAI wants to fix this with an API that enables companies to accept over 20 payment systems.

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Asia South Korea API Tech 127

TechCrunch

DECEMBER 19, 2021

The latest funding brings its total raised to approximately $761 million and values the company at $3.3 Kurly was the first company in South Korea to deliver premium food early in the morning the next day when it launched back in 2015. billion. . Local competitors later adopted the overnight delivery service. .

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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

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

The Verge

OCTOBER 25, 2020

He became the richest man in South Korea, with the Samsung group contributing around a fifth of the country’s GDP. He was found guilty of bribing President Roh Tae-woo through a slush fund in 1995, and of tax evasion and embezzlement in 2008, but was formally pardoned for each conviction. Lee also found himself in legal trouble.

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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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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

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

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

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

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 31, 2023

South Korea is also taking measures to reduce emissions in the building sector by retrofitting buildings and strengthening ZEB requirements for new buildings through 2030. billion in 2021 , and Uplight, which received undisclosed funding at a $1.5 Likewise, the U.S. trillion won ($1.3

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TechCrunch

MAY 8, 2022

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).

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TechCrunch

AUGUST 25, 2022

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, South Korea, Spain, and Germany. Nreal’s demand is currently the highest in the U.S.,

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South Korea Fund China Japan 84

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

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

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. ” Former Uber CTO Thuan Pham joins South Korean e-commerce leader Coupang.

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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. Investors like the idea. million in debt financing.

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TechCrunch

AUGUST 22, 2022

Socar’s debut comes amid a sluggish period in the IPO market in South Korea that has prompted a series of Korean companies to delay their listing plans. Socar, the first and only unicorn mobility startup in South Korea, aims to become the first listed profitable unicorn company, Park noted. million users and 1.4

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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 million (13 billion won) in a Series B+ round as it scales up. million and an additional $1.2

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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

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