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Latest
Anonymous SNS app Around, snags $1.7 million investment
On the 28th August, Softbank Ventures announced its US$1.7m investment into Converse who have developed the anonymous communication app called Around. Around is a SNS app that allows users to freely share their feelings about life, workplace, emotions, love affairs and family. Being an...
K Cube Ventures invests into Air Quality IoT BitFinder
On the 26th August, 'K Cube Venture' specialists in mobile, internet and technology investments, confirmed a US$700 k investment into BitFinder.  BitFinder is a startup providing an Indoor Air Quality (IAQ) monitoring and control system solution.  This solution is Awair and allows users to be ‘Aware’ of...
Removal service Zimcar, secures investment with support of local council
Zimcar is an innovative house removal service developed by ‘Five Thirty’ who are located in the Cultural Creation Hub of PanGyo in the KyungGi province of Korea.  Recently, with the assistance of the Kyung Gi local council, Five Thirty have secured investments from ‘Big...
Fintech startup BMO receives $1.8m from investors for Honest Fund P2P loan service
Fintech startup company BMO has received approximately US$1.8 million from investors including Yellow Financial Group, Settle Bank and Shin Hyun Sung the CEO of Ticket Monster for their P2P (peer to peer) loan service platform Honest Fund. Honest Fund is a peer to peer...
TheVentures invests into insurance reversebid company MyRealPlan
If you've ever experienced the frustration in finding the right insurance plan then MyRealPlan is the solution you've been waiting for.  Of course, finding the right insurance plan is just the start, you then need to find the best value amongst the multitude of...
Korean travel startup, MyRealTrip receives investment from Silicon Valley company AltosVentures
  Korean travel tour and activity startup, MyRealTrip has revealed that it had secured additional investment through Silicon Valley company AltosVentures. For MyRealTrip, this new investment comes 1 year after the combined US$840 thousand investment from SmileGateInvestment and CapstonePartners in June last year. The funding...
Korean food delivery app Yogiyo receives additional investment of US$35 million from DeliveryHero
  On the 25th August, it was revealed that Yogiyo a popular food delivery service app in Korea had received further investment of $35 million from DeliveryHero.  DeliveryHero is a German company that provides online food service solutions internationally. This brings the total investments into Yogiyo...
HelloWorlds’ ChulGaBang, an integrated platform for food delivery businesses, receives a $2.7M investment
ChulGaBang, developed by HelloWorld, is an integrated platform for managing deliveries and operations of small-to-medium sized food companies. SBI Investments Korea, HB Investment, and Sejong Venture Partners have invested a total of USD $2.7M in the recent round. The phrase "chul gabang" means "bag made of iron"...
Altos Ventures invests $3M into beauty eCommerce company HuiSeoul
Silicon Valley investment company Altos Ventures recently announced its US $3.0M investment in Trillionaire. Trillionaire runs a Korean cosmetic ecommerce service called HuiSeoul, which focuses on providing Korean beauty products exclusively to the Chinese market. The journey for HuiSeoul started in a single store in Myung Dong (Seoul)...
Korean entertainment culture site, Soompi, acquired by Viki
Korean entertainment site Soompi has been acquired by Viki in a deal rumored to be less than US $10M. Viki was a startup that was purchased by Rakuten in a huge US $200M deal. This time, Viki is on the other end of the...
Yea Studio, developer of children’s drawing SNS Junimong, secures $850k investment
Yea Studio, the creator of Junimong, a popular kids drawing social networking site, has secured a $850k investment from East Gate Partners LLC and Big Basin Capital. East Gate Partners operates Daum’s Youth Startup Investment Fund while Big Basin Capital is a Silicon Valley venture capital...
Logistics solution provider Mesh Korea secures US $3.4M investment
Mesh Korea specializes in the development of online platforms that support the distribution and logistics requirements of businesses. On August 18, a representative from the company, Ryu Jung Bum, confirmed that Mesh Korea had raised US $3.4M from SBI Investment and Korea Development Bank (KDB Capital)....
Wemakeprice lands $85M investment with NXC / Nexon
  On August 17th, Wemakeprice a company dealing with social commerce, announced it had raised a total of $85M following the third release of its shares through NXC. Through this investment, Wemakeprice plans to seek the necessary talent and improve its systems in order to...
Daum Kakao Accelerates Mobile Innovation; shifts from current Co-CEO structure to single CEO
Daum Kakao announced that it nominated Ji Hoon Rim, current CEO of K Cube Ventures, as the new CEO of Daum Kakao. In order to swiftly drive change and innovation in the rapidly evolving mobile era, the company has decided to shift from a co-CEO...
Takeover Silicone Valley, beGLOBAL SF 2015 commences receiving start-up applicants
beSUCCESS a professional media company with a particular focus on startups, will be holding the beGLOBAL SF 2015 conference in San Francisco on October 14 and has commenced receiving applications to participate from startups for this years event.   beGLOBAL SF 2015 is the sister event...
East Gate Partners LLC invests 700M Korean won in Kmong, a talent marketing company
  Talent marketing company Kmong has successfully secured 700 million Korean Won (US $809,000) from East Gate Partners LLC, the fund management company leading Daum Kakao's youth foundation investment trust. Kmong offers a platform for talent acquisition. Despite this being considered an intangible commodity, Kmong...
Scatter Lab attracts a 1.3B won investment from Softbank Ventures and KTB
Scatter Lab, a big data analysis company specializing in analyzing chat emotions, announced a series A investment of 1.3 billion won from Softbank Ventures and KTB. Both companies have an equal share in the investment, each investing 650 million won in the company. Scatter Lab was founded...
‘K Cube Ventures’ invests into O2O home care company ‘Doctor House’
  On the 4th of August, ‘K Cube Ventures’ a specialist in mobile, internet and special technology investments, revealed that it had invested into ‘Brat Village’, an O2O (online to offline) home care service provider.  A key member in the ‘Brat Village’ startup is...
Accommodation service provider, Yanolja, secures $8.5M investment
Park Sung Chul, a representative of Yanolja (a Korean phrase for "let’s play"), announced on July 27 that the company has now raised $8.5M from Partners Investment. Partners Investment is known for investing in startups that demonstrate potential growth. With this first investment, Yanolja hopes to...
Fintech startup Viva Republica secures $4.2m for Toss Payment System
  Viva Republica, a Fintech startup has developed Toss, an easy money transfer solution that removes cumbersome identity or security card requirements.    On the 21st July, Viva Republica revealed that it had secured total $4.2m (US) investment from KTB Network, Altos ventures and...

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