COMPANY
‘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 Mr. Sung-Min Park who was a founding member of ‘Easy Taxi’ and previous to this of ‘Limo Taxi’. ‘Doctor House’ developed by ‘Brat Villlage’ is a mobile service…

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 grow from offering accommodation ads to covering all accommodation related industry sectors. This will allow accommodation franchises and B2B businesses that have an offline presence to create a solid mobile…

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 IBK. With this investment, Viva Republica plans to step into the e-transactions with services that offer real time transfers and a deposit service for non account holders. Toss…

Ylab a webtoon startup attracts $2.5m investment

Ylab is a Korean webtoon developer and is the creative force behind popular titles such as ‘Fashion King’, ‘Josun Dynasty’ and ‘Abyss of the Sky’.  Recently, Value Investment Korea made an investment of US$2.5m into Ylab.  This investment has been confirmed by representative from both companies.   Ylab was founded by webtoon author Yoon In Hwan who published ‘Blade of the Phantom Master’ which amassed more than 6 million views.  Within the first…

Simfler, developer of parenting app BabyTime, secures US$800k investment from TheVentures

Simfler have developed an app called ‘Baby Time’ which is designed to  make parenting simpler and easier by managing the associated parenting activity data.  The app records and manages activities like feeding intervals, sleeping periods and nappy change times. Along with this essential data, the app provides relevant advice and information on child growth phases, customized growth diary and lullabies. The app features an intuitive interface allowing the user to record a…

RedTable a data analysis company for restaurants, secures investments worth US$930k

RedTable is a Korean startup providing data analysis services for restaurants.  It was first established by a group of masters and doctorates from the Sae Jong University, Department of Hotel and Tourism.  Recently RedTable secured investments to the scale of US$930k. As revealed by ‘Red Table’, the investment was made by three companies: US$418k from East Gate Partners, US$410k from Angel Investment and the balance from Medium Business R&D.   Red Table was established…

Vungle Expands Expertise to South Korea’s Startup Scene with In-App Video Ads Service
688일 전

Vungle, the way developers put video ads in their apps, has opened a South Korean office to accelerate growth and global expansion for the country’s startups through high performance in-app advertising. Vungle Korea is led by industry heavyweight, Hong Kim, former CEO of Groupon Korea. Kim brings a solid background in startups and finance, along with a passion for growing companies globally to his new role with Vungle. “South Korea’s startups have…

KakaoTalk Introduces In-chat Search Feature, KakaoTalk #Search!
693일 전

Daum Kakao Corp., provider of Korea’s number one messaging app KakaoTalk, today announced the official launch of #Search (pronounced ‘sharp search’) and Channel for KakaoTalk. #Search allows users to search and share information directly from the KakaoTalk chatroom, while Channel allows users to access and enjoy interest-based content from directly within the app. The two new features are unprecedented additions for messenger or SNS services, and they take KakaoTalk a step closer…

Knowledge and talent sharing service ‘Verlocal’ secures US$1m investment

‘Verlocal’, is a service app that allows individuals to share their talents and knowledge.  Its aim is to be a social marketplace where people with talent meet people with curiosity.  It was revealed that a 1 million investment had been secured from Silicon Valley investment firms ‘Seven Seas Venture Partner’ and ‘Big Basic Capital. The company was founded by two US university  graduates.  The CEO of Verlocal, Lee Won Hong, is a…

East Gate Partners invests $585 k into used car app Chutcha

Chutcha is a used car app developed and serviced by Mr Pick.  In the use car O2O space, it is widely known as a market leader. Mr. Pick through their extensive experience in online platforms, provides O2O business solutions.  The startup’s experience has been gathered from IT experts from companies like Naver, Neowiz and Nexon.  Recently, Mr Pick confirmed East Gate Partners will invest US$585k into the company.  Of course, behind East…

beGLOBAL 2015 Screening Wraps Up – 20 Amazing Startups Get Ready to Go Global

The second screening session for beGlobal Seoul 2015 was held in D.Camp on May 13. After a grueling day, our judges nominated the top 20 startups whom will be appearing on the big stage at the DDP, May 14th. There were a variety of applicants ranging from hardware through software with even a few international startups participating and pitching via Hangouts.   The relay screening went from 9AM to 6PM. Judges Yongkil…

beGLOBAL 2015 Application Deadline Today

The extended deadline for Startup Battle applications will hit tonight, April 6th, at midnight. I would like to take this opportunity to say thank you to all of the startups who have put their time and effort into making applications to this year’s startup battle and very much hope to see all of you at the upcoming conference! For those still working on their applications, please keep in mind the deadline. You…

Big Data Means Big Money for RecoBell
  ·  786일 전

The slogan at Recobell reads “Big Data? Big Money.” We’ve heard it before. RecoBell, a Korean based commerce innovation firm, seems to think they’ve got a solution that makes it easy for companies to leverage their data and turn it into increased efficiency and profit. Founded in February 2013, RecoBell leverages big data algorithms to help commerce companies get personal with their customers with the intent to make money for both themselves…

Maru180@Campus Seoul Applications Open
799일 전

The Asan Nanum Foundation is providing support to Google in its recruiting efforts of startups applying to be based in Google’s Campus Seoul. The Foundation has recently entered an operating partnership agreement with Google and is responsible for managing the workspace for Google’s Campus.  MARU180’s 2nd office, named MARU180 @ Campus Seoul, will begin operation starting next month. The final selection and recruitment targets 10 prospective entrepreneurs and companies that have been…

‘Wish Company’, the Ambassador of Cosmetic Brands in 70 Countries.
807일 전

It all started from the question “How can you promote smaller cosmetic brands overseas online”. Wish Company challenged, back in 2010, a new market field and is currently selling numerous Korean minor cosmetic brands internationally. Statistics state, (based on 2014) there are over 5,000 cosmetic related industries domestically. Consumers will most likely remember Amore Pacific, LG, Missha, and other major brands. However, there are high quality producers that are hidden beneath the…

Asia’s No.1 Tech Startup Conference, ‘beGLOBAL SEOUL 2015’ Opens For Registration

beSUCCESS, the top Korean startup media organization, organizer of the largest Korean-Global Tech conferences to date, and a global startup connector in partnership with Strong Ventures, a leading seed fund supporting Korean-Global entrepreneurship, are happy to officially announce the return of their flagship startup event, formerly known as beLAUNCH, now with a new brand, “beGLOBAL Seoul 2015”. This year’s conference is already heating up to become one of the most promising events to…

Korean Minicab App LimoTaxi Raised $ 1 Million USD from Big Basin
820일 전

A Korean style minicab app LimoTaxi (LIMO, CEO Sung Woo Yang) raised $ 1 million USD from Big Basin Capital, a Silicon Valley based venture capital. Previous investors like Altos Ventures participated in this round of investments. Through this investment, LimoTaxi will be able to expand rapidly to more areas and focus on service improvement. LimoTaxi was founded as a newly established corporate body July 2014 by the pioneers of mobile taxi…

SundayToz Initiates $30 Million USD ‘AniPang Fund’ To Support Startups

Korean gaming company ‘SundayToz’ and The Ministry of Science, ICT and Future Development and have created the ‘AniPang Fund.’ The fund will be aimed at startups in the following fields: Gaming, Social, digital content, platform based technology and contents based technology. The ‘AniPang Future Contents Investment Association’ will operate under the management of Smilegate Investment. While the fund will primarily focused on startups in Korea, a representative from SundayToz has confirmed that they are…

DEV Korea’s New Accelerator Holds First Demo Day In Seoul, Showcases Eight Startups
895일 전

DEV Korea’s Startup Acceleration Program ‘Start it Up in New York’ Demo Day will be held in seoul this afternoon. DEV Korea is one of a growing number of domestic and international accelerators in Seoul that are capitalizing on the rapid growth in the domestic startup ecosystem Sparklabs will also hold their demo day December 11. DEV Korea was nominated as the 2014 Global Accelerator Develop Management Agency by the Ministry of…