EDITOR’S PICK
A Main Stage for Korean Startups, beSUCCESS Raises Pre-Series A From Global Pool of Investors

Seoul, Korea 22th Aug – beSUCCESS has successfully closed a Pre-Series A round with investors from Korea, USA, China, and Japan, in order to grow its expanding brand as a leading media platform for news on Korean startups, host of Asia’s largest tech conference, beGLOBAL, and now also a database platform with its recent launch of Beginning (beginning.xyz). Among the firms that participated in this round include DCM Ventures, Strong Ventures, 500 Startups(US), Hardy…

[Investors] The Global Unicorn Hunter: Goodwater Capital’s Eric Kim
450일 전

For the past 14 years, Eric Kim has been racking up a lot of global airline miles. Though his day job is a venture capitalist, Eric joked, “if being an airline passenger were a sport, I think I could enter the Olympics…I’ve learned to sleep in some weird positions.” During any given week, Eric might be in San Francisco, Seoul, New York, Shanghai, Singapore, or Vancouver. When asked if all the travel…

Korean Government Geeks Bearing Gifts
530일 전

Cautious optimism abounds across Korea’s fast-growing startup scene. Following a national policy shift that has recognized the realities and opportunities of the present age, Korean entrepreneurial talent is finally receiving the level of public sector support needed for success. The export-oriented growth formula that helped Korean conglomerates drive economic development for decades following the Korean War is unlikely to continue its impressive historical returns, and the Park administration has sought to replace…

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 it with only one option: Build. The Korean War (1950–1953) left the country in a state of utter disorder. The bustling metropolis we reside in today was but a dream when basic running water was a…

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 launch of ‘Lotte Accelerator’ which would commence in January next year and support youth startups with a total of US$85 million in funds. The articles also focused on Shin Dong Bin’s pledge of US$8.5m (KRW 10b) of…

Korea Rising ( Part I: Series Chronicling the Rise of Korean Startups )

Editor’s note: Senior Director Corporate Development at Baedal Minjok I. There is no greater time to be in Korea than now. Yes, that’s coming from a Korean American that has lived his entire life in the Bay Area and landed in Seoul 10 months ago. Hard to digest right? ( I can feel the collective eye roll of native Koreans ) 이사람, 진짜 미쳤다… My grasp of the language is mediocre at…

5 Hot Tips for Founders from Asia’s 2 Top VCs
593일 전

Editor’s Note: Choon Yan (CY) Tan leads PayPal and Braintree’s startup, accelerator and incubator activities across Asia Pacific. He has experience in banking technology, and previously led Google’s supply chain integration team in California, with additional specialties in data analytics on Google Android and Chrome products. CY is also a payment optimisation mentor in various major accelerators such as ONL, MaGIC and SBC and a speaker at regional startup conferences such as…

Stretchable silver narowire mesh heats up your sore muscles

Korean researchers at the Center for Nanoparticle Research, Institute for Basic Science in Seoul have developed a stretchable silver nanowire mesh that heats your joints no matter how you bend them. (IBS was founded in 2011 by the government of the Republic of Korea with the sole purpose of driving forward the development of basic science in Korea It comprises a total of 50 research centers in all fields of basic science, including mathematics,…

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…

beGLOBAL 2015 Startup Battle Q-Prize Increases to $250,000 – Deadline For Applications Extended to April 6th

The Qualcomm Q-Prize, to be awarded at this year’s beGLOBAL 2015 Startup Battle, has been increased to a hefty $250,000. In light of this major change, we have extended out the deadline for applications to April 6th to give startups a bit more time to refine their applications and get through the first round of screening. Last year’s startup battle saw 112 startups apply. This year’s startup battle will be tighter, more…

The Startup Ecosystem Is NOT A Zero Sum Game (Or, How Generosity Breeds Success in Startups)
  ·  790일 전

90% of startups fail. That means if you are in a startup right now, you will most likely fail. You can either hunt, or be hunted. No. Failure is an illusion. Driven by the media and society at large to pump negativity into our lives – to drive interest and play with our minds. The concept of total failure as a startup is a dangerous one that causes selfishness, greed and a driven-by-fear…

[Infographics] INSTAGRAM vs. TWITTER
790일 전

Editor’s Note: Valualize Graphic is a team who analyzes datas and makes it into Infographics. It’s made by 3 techie students who has gathered to study and analyze Tech Startup together. While they studied together, they decide to visualize the studies and make some valuable contents and that became Valualize Graphic today. Valualize Graphic is making Infographics about IT and Tech Startup every week, and made hundreds of infographics so far.  

beGLOBAL – Getting In On The Ground Floor Of Korea’s Startup Revolution
  ·  799일 전

Think of a country 50 million strong. Packed into a land less then a quarter the size of California. Coming from next to nothing, this is a people who have worked miracles and economically surpassed much of the world. This is South Korea. This is the remarkable, raging cradle of innovation that beGLOBAL is opening to the world. Recently, immense investments in the future of Korea’s ready-to-explode startup industry were made. Combine…

[Infographics] Analysis of Billion Dollar Startups
806일 전

Editor’s Note: Valualize Graphic is a team who analyzes datas and makes it into Infographics. It’s made by 3 techie students who has gathered to study and analyze Tech Startup together. While they studied together, they decide to visualize the studies and make some valuable contents and that became Valualize Graphic today. Valualize Graphic is making Infographics about IT and Tech Startup every week, and made hundreds of infographics so far.  

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…

50 Ghost Factories Operating in Korea: All About the Unknown Tech Shops in Korea
832일 전

There are many co-working spaces where start-ups can build their prototypes. The government is continuously building new places as well. The only problem is, people don’t know they exist. If you open room #550 of Seun Arcade, a whole new world appears. From 3D printers to large-size laser cutters, it sure does looks like an ex-astronaut’s office. Astronaut San Ko founded TIDE Institute, an organization supporting tech-based start-ups three years ago, becoming…

Banks and Fin-tech Start-ups: Unite and Thee Shall Live, Scatter and Thee Shall Die
839일 전

Korea’s Financial Services Commission has recently abolished the Security Review System that has curbed the growth of the domestic fin-tech industry. Now local experts are heralding the start of a Golden Age of development in the industry. We met ‘Hankook NFC’s’ president, Seung-Ik Hwang, to hear what he had to say about the relaxing of government regulations and to discuss the potential of Korea’s fin-tech industry in 2015. What has changed since the…

Analysis of Top 5 Korean Domestic Accelerator
861일 전

Often young startups face difficulty in making decisions when they look for the right source for incubating and investments. Even if you are lucky enough to find a VC, explaining your product to someone who has no background knowledge could feel like talking to a wall. To help with these issues, we have prepared a report containing backgrounds, interested fields, and startup development directions for 2015, of top the 5 accelerator in…