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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,…

403일 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…

419일 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+),…

433일 전
Social Network, specialists in Korean trend contents secures investment to back its China strategy

Social Network, a specialist platform servicing Korean trends (wave) has secured an investment of US$4.3m (KRW 5b) from Korea Investment Partners, Mirae Asset Investment, POSCO technical investment and Intellectual Ventures. In 2012, Social Network secured their early…

448일 전
Wearable health device, Zikto receives investment from IBK Capital and SBA

Zitko, a Korean health care wearable device startup has received US$1m (KRW1.2b) investment from IBK Capital and SBA (Seoul Business Agency). This investment follows a recent investment from ‘The Creation Investment’ to bring total for recent investments…

454일 전
Vanity Trove of Singpore acquires Padang, mobile Korean beauty information app

On the 23rd November, the acquisition of Padang, a service providing mobile beauty information in Korea (operated by Gentle Family) acquired by Vanity Trove of Singapore, a startup specializing in beauty related information and operation of…

455일 전
SK and Brookside Capital invest $56m into Socar, Korea’s leading car sharing service

Korea’s top car-sharing app maker ‘Socar’ has successfully secured a series B investment from SK and Brookside Capital part of Bain Capital for an amount of US$56m (KRW 65b). In October 2014, Socar secured a Series A…

455일 전
MCN startup ‘Makeus’ secure US$17m investment from 4 venture capitals

Makeus, a Multi Channel Network startup has successfully secured the largest Korean investment into MCN (Multi Channel Network) in recent news. The investment totaling US$17.4 (KRW 20b) has been provided by venture capital companies DSC Investment,…

467일 전
Anonymous company bulletin, Blind receives investment from Silicon Valley DCM and Japan VC Global Brain

According to ‘The Bridge’ a  Japanese startup media service provider, ‘Blind’ an anonymous social networking service for company employees has received an investment from Japanese investment company Global Brain as well as Silicon Valley’s DCM. The…

470일 전
I Am School provider of Mobile Homework Diary receives investment from LB Investment

Mobile digital homework diary service ‘I Am School’ has secured US$2.1m (KRW 2b) investment from LB Investment. I Am School is Korea’s first mobile homework diary service that captures 99% of the almost 63,000 bulletin boards…

476일 전
Korean Startup ‘Fluenty’ Launched TALKEY, A Reply Suggestion AI for Smartwatches

November 5th, 2015 (Seoul, Republic of Korea) – A study last fall from Tecmark reported that the average smartphone owner checks their phone 221 times per day. The promise of devices like smartwatches is to reduce…

476일 전
NEOFECT Announces A New Technology For Stroke Rehabilitation

November 3 – Seoul, South Korea – NEOFECT, a smart rehabilitation solution startup, has announced the launch of two new products within their RAPAEL Smart Rehabilitation System: RAPAEL Smart Body, and RAPAEL Smart Kids. The RAPAEL…

477일 전
Art rental service Open Gallery receives US$1.7m investment from LB Investment

Open Gallery, an art rental service startup has secured a US $1.7 m (KRW 2b) investment from LB Investment. Despite having been established only two years, the investment was able to proceed based on the great…

480일 전
Korea Rising: The 3 Pillars of Korea’s Startup Ecosystem

Editor’s note:  Senior Director Corporate Development at Baedal Minjok There is no doubt that Korea is in a revolutionary moment. In my last post, “Korea Rising”, I illustrated the unique position Korea is currently in. Leaving…

483일 전
Lotte Group pledges $85m towards accelerator funds

The recent announcement of Shin Dong Bin, the chairman of Lotte Group to dedicating US$85m (KRW 100b) towards accelerator funds was covered by major media outlets including Chosun, Joongang and Hankyung. Naturally, the articles offered positivity in covering the…

  ·  483일 전
Rehabilitation Solution Startup NEOFECT, Receives ISO and CE mark to expand to EU market

October 26, Seoul, Korea – Smart rehabilitation solution startup, NEOFECT announced on Oct. 26th that they received the ISO 13485 certificate (Quality Management System for the design and manufacture of medical devices) and the CE mark. NEOFECT…

484일 전
Couples App ‘Between’ Launches 3.0 Update Allowing Better Personalization Features

South Korea, 20 October 2015 – Between, the leading private app for couples, announced the release of a major app update today. The new version, Between’s third since it’s launch in November 2011, allows couples to…

490일 전
Global music distribution startup ‘Pison Contents’, received US$930k from Silicon Valley Investor

On the 14th October, global online music distribution service provider Pison Contents announced a $1m (KRW 1.1b) investment for their music-spray distribution technology. The investment is a combined total from Silicon Valley venture capital Sazze Partners, a…

496일 전
A smart menstrual cup to keep track of your period

Looncup, a smart menstrual cup will give women a better understanding of your monthly flow. It can be inserted into women’s vaginas during period. It can send the data including fluid volume and color and analyze…

501일 전
Daily Hotel, a Korean hotel reservation app receives investment boost from Silicon Valley’s ‘Sequoia Capital’

Daily Hotel, a Korean hotel reservation app has received an investment from Silicon Valley’s Sequoia Capital, a venture capital that invested into Apple and Google. This marks the third investment for Daily Hotel following Bon Angels (a venture capital…

504일 전