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Baemin Fresh adds lunch box delivery service after acquiring Ongkasomsi

Baemin Fresh, a fresh food delivery service has acquired ‘Ongkasomsi’, provider of packed lunches. Through this acquisition, Baemin Fresh will actively seek to increase their range of food delivery services that are delivered to the doorstep…

371일 전
Korean Mobile Concierge Service ‘Secretary Kim’ is Building a New Investment Model for Korean Startups

One of the biggest tech trends today is text messengers becoming platforms for other services. And one of the hottest text-based services is virtual concierge services. In the US, there is Magic, which recently received a…

372일 전
NHN strengthening mobile advertising business with investment into Mocoplex

  19 January 2016 – NHN Entertainments have revealed their investment into Mocoplex, a company specializing in mobile advertising platforms. The motive for the investment was to strengthen NHN Entertainment’s capabilities in mobile advertising; a market…

372일 전
Gaming MCN Kongdoo Company receives further investment of $3.1m

Kongdoo Company, specializing in game MCN has succeeded in attaining a follow up Series B investment of US3.1m (KRW 3.6b) from Stic Investment, K Cube Ventures and Partner Investments. This investment comes within three months of…

374일 전
App Annie Raises $63M to Fuel Growth, Adds NetSuite CEO Zach Nelson to Board

  App Annie, the largest mobile app data and insights platform, announced that it has closed $63 million in total financing, with majority equity investment led by Greenspring Associates and additional participation from existing investors e.Ventures,…

376일 전
Korean free call app startup receives angel investment for technology and business potential

Voiceloco, a communication software developer has succeeded in receiving an angel investment from the Credit Guarantee Fund for the technical excellence and business potential. Among others with investments through Credit Guarantee Fund, Voiceloco is a cut…

377일 전
IUEditor Gets a Major Update, Now Supporting WordPress Integration

JDLab released a new version of IUEditor, a website builder that supports back-end integration with Django, AngularJS and now WordPress. IUEditor allows users to develop a website without coding, using drag-and-drop. It supports various devices (smartphone,…

378일 전
Kakao to acquire stake in Loen entertainment in a US$1.6b deal

Kakao have announced the decision to acquire 76.4% shares in Loen Entertainment, a company that is known to have pioneered the digital music service market in Korea through Melon for US$1.6b (KRW 1.9t). Melon is the…

378일 전
Day2Life’s fully functional mobile time management solution receives investment from 500 Startups

Day2Life, a simple day to day mobile time management solution has secured an investment of US$200k (KRW 240m) from 500 Startups, among the most recognized Silicon Valley startup accelerator programs. In securing a position in the…

379일 전
UI.UX photo managment app Taggle receives investment through Chinaccelerator

Taggle is a photo management application which integrates hashtags (#), a term which is familiar to Instagram users to create an simple and efficient way to mange photos. The company is among 6 companies with early…

386일 전
Korean guesthouse accommodation startup Jienem receives Angel Club investment

Jienem, a guesthouse accommodation service specialist and catering for Chinese tourists has received an investment of US$200k (KRW 240m) from Angel Club an Accredited Investor (AI). In August last year, the company also received an early…

390일 전
Interactive Chinese education development startup ‘China Tan’ receives second investment

China Da the operator of China Tan, a digital Chinese language teaching service has secured investment from Mirae Assets, Softbank Ventures and Coolidge Corner Investment. This investment is the second investment for China Da, which secured an…

390일 전
General Bio, a Korean company producing environmentally friendly detergents receives Technology investment

General Bio, a company known to be socially and environmentally responsible has received a total of US$4.6m (KRW 5.3b) investment from Mirae Assets, L&S Venture Capital, Coolidge Corner Investment and SJ Investment Partners. The company which…

391일 전
Hello Nature, the Amazon Fresh of Korea wins $2.1m investment from GS Home Shopping and Mirae Assets

Hello Nature, an online fresh produce platform connects producers directly with their consumers. On the 30th December, the company revealed that a ‘Series B’ investment amount of US$2.1m (KRW 2.5b) was confirmed from GS Home Shopping…

391일 전
Dining Code a Korean restaurant recommendation startup secures $1.7m investment

Dining Code a Korean startup providing restaurant recommendation services has secured US$1.7m (KRW 2b) investment from Posco Technical Investment, ID Ventures, Seoul Investment Partners, HBIC and Magellan Technical Investment. The company had also received a seed…

397일 전
Korean startup Buzzvil receives $11.2m Series B investment for mobile lock screen advertising platform

23 December – Buzzvil a startup based in Seoul Korea and the creators of a mobile lockscreen advertising platform have received a series B investment of US$11.2m (KRW 13b). The investment comes from five (5) separate…

397일 전
5 Fintech Startups to watch in Korea.

Huge institutions, archaic systems and lots of money at stake. These are the conditions that have brought tech entrepreneurs to the wildly exciting and growing arena of financial tech.Both venture capitalists and Wall Street are rushing…

398일 전
Daliworks Raises $2M from Strategic Investor

Daliworks, an unique IoT platform service provider in Korea, announced an investment of US$ 2 million from Strategic investor. Strategic investor has made this investment to Daliworks for its exponential growth in IoT cloud platform, ThingPlus(Thing+),…

405일 전
Goldman Sachs invests US$33m into Korean real estate app startup ZigBang

Goldman Sachs, the global leader in investment banking is joining the list of foreign investors interested in Korean Startup. Goldman Sachs have invested a total of US$33m (KRW 38b) in ZigBang the leading real estate mobile…

406일 전
Korean IoT Startup, Encored secures $10m investment for Energy monitoring IoT from Soros Fund

Encored Technology has secured a US$10m (KRW 1.17b) investment from QSP which is run by Soros Fund Management. The company is a specialist in Internet of Things (IoT) and big data analysis with a particular focus…

408일 전

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