INVESTMENT · M&A
Korean shopping review app startup Brandi receives investment from DSC Investments
558일 전

Brandi who develop applications for sharing shopping reviews, has successfully won a US$420k (KRW 500m) investment from DSC investments. Brandi is the app to share photos and reviews of shopping items. Users are able to view photos in an Instragram like environment and read reviews regarding the product. The investment funds will assist the company plans for further development of their mobile systems and technologies whilst providing a boost to marketing efforts. DSC…

Daum Kakao invests into Korean fintech startup Dunamu for mobile stock services
558일 전

On the 15th September, Daum Kakao revealed an investment of  US$2.5m(KRW 3b) into Dunamu which provides a mobile social portfolio investment service. The deal includes a strategic business agreement between the two companied to jointly provide a stock-financial service. Dunamu is a special fintech startup operating mobile investment portfolio app Stock Plus for Kakao through their messenger KakaoTalk. Stock Plus (app) has now reached a cumulative contract value of US$1.7b (2 trillion KRW); 30…

Korean startup Buff Studio secures investment from NCSoft
558일 전

On the 15th September, Korean startup and game development company Buff Studio confirmed an investment of US$420k (KRW 500m) had been received from NC Soft. Buff Studio is the creator of the popular action and RPG (Role Play Game) game, ‘Buff Knight – RPG Runner’.  Some awards won by Buff Knight include the following awards: 2014 Korean Game Awards: Indie Game Award 2014 Top 30 Best Games 2014 on Google Plan (Korea) #1…

Fiscal Note acquires political analytic application company MyCandidate
563일 전

On the 10th September, FiscalNote announced its acquisition of Korean political analytic company MyCandidate. FiscalNote provides services of real time legal and policy data analysis. Similarly, the South Korean company MyCandidate specializes in analysis of political candidate campaigns through their developed and services application. This acquisition is expected to boost the access of open legal and government data from Asia through  MyCandidate that tracks and collects information of political campaigns and summarises…

Business card organiser Remember wins investment $5.4m
565일 전

Drama & Company, the developer of business card organiser app Remember has secured investments totalling US$5.4m (KRW 6.5b). The investors include Partners Investment, Korea Investment Partners, Ajuib Investment and Daegyo Investment. Remember has gained popularity for its highly accurate input system and has over 650 thousand users. It is the leading business card organizing app and was voted the the best business card organizing app in the ‘2015 Customer Satisfaction Index’. Unlike…

East Gate Partners invests into group buy platform, ‘TownCompany’
565일 전

East Gate Partners, specialist in technology venture capital revealed on the 8th of Septembers that they would invest into TownCompany. East Gate Partenrs are in charge of Daum’s Youth Startup Establishment Fund, and actively invest into startups that specialize in the fields of O2O (online to offline), IoT (Internet of Things) and eCommerce. Prior to the ‘Daum Youth Startup Establishment Fund’; Daum Communication with State Agency of Small and Medium Business formed ‘We Fund’,…

Virtual pet app Hello Pet receives investment from K Cube Ventures
565일 전

Mobile, internet and technology investment specialists, K Cube Ventures has invested US$250k (KRW 300m) into Apple Pie Studies, a startup dealing in social pet services. Apple Pie Studios allows users to interact and nurture for virtual pets through their social pet service, HelloPet. Kan Ho Young the company representative utilises his diverse experience covering social and language to mingle colleagues from various aspects of the business covering planning, development and operations from the…

KTB Network invests $2.5m into Korean beauty eCommerce B2Link

KTB Network specializing in company investments in the global field of cosmetics, fashion and electronics has confirmed an investment deal worth US$2.5m (KRW 3b) into B2Link.  This recent investment follows on from DSC Investment totalling US$1 million (KRW 1.3b) in September last year and January this year. The deal is expected should accelerate the developments required to become a global business. Since starting one year ago, the company has recorded first half year…

Travel SNS Travel Note & Tour secures US$420k investment from Coolidge Corner Investment
569일 전

Travel Note & Tour, developer of location based social travel service, Travel Note has announced its success in securing an investment of US $420k from Coolidge Corner Investment, specialist in venture capital for startups. After launching June 2013, Travel Note & Tour went on to win the 2013 excellence award at the Tourism Creation Ideas Contest. For two consecutive years, the startup has also been chosen as the leading creator of tourism business…

Maverick video technology startup wins US$590k investment from BonAngels

BonAngels Venture Partners who specialise in technology startup investments along with state run program Tech Incubator Program for Startup (TIPS) have invested US$590k into Maverick the provider of cloud SNS video editing app Alive. Last year, Maverick, an affiliate of KT, created an app called Alive that allows users to easily edit and share the video taken on smartphones.  Through the use of a cloud rendering engine, Alive can compose high quality…

Auto pilot drone Uvify wins $250k investment from K Cube Ventures

Uvify a startup specializing in the development of autonomous unmanned drone technologies, has won an investment deal with K Cube Ventures.  This deal was confirmed on the 2nd September by K Cube Ventures who are widely known as leaders in technology investments. The investment deal is thought to be worth a quarter million US dollars. Aside from the K Cube Ventures investment, Uvify has secured further investments from two state run agencies with…

Brat Village wins investment from Strong Ventures and East Gate Partners
572일 전

On the 2nd September, Brat Village an O2O startup announced that it had secured an investment from Strong Ventures and East Gate Partners.  This is the second investment is as many months following a recent investment from K Cube Ventures. Brat Village which was formed in December 2014, services total home care provider Doctor House. This service is quickly gaining a reputation as the go to O2O home care service provider for those wanting…

Softbank Ventures, invests into Gaudi Audio Lab – VR Audio startup

On September 1, Softbank Ventures Korea announced a joint investment deal with Capstone Partners for an amount US$920k which is to be invested into Gaudi Audio Lab. When founded, Gaudi Audio Lab’s mission was to provides the ultimate sound experience that integrates sound and feeling.  This sound solution technology is aimed at complementing the emerging AR and VR markets. Key members include experts at the Wilus Institute of Standard and Technology who led…

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 anonymous SNS platform, there is no need to cloak any of these feeling for social acceptance. Users of around have given the app a score of 4.9 out…

K Cube Ventures invests into Air Quality IoT BitFinder
577일 전

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 the ‘air quality by determining what bits (particles) are in the air.  It does this through a concept called Internet of Things (IoT). Internet of Things (IoT) is…

Removal service Zimcar, secures investment with support of local council
577일 전

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 Bang Angels’. To celebrate this success, a signing ceremony was held on the 26th of August at the Kyung Gi Culture Creation Hub in PanGyo and was attended…

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 personal loans and investments service, that directly connects borrowers to lenders without banking institutions. The platform provides borrowers access to funds that do not impact on credit ratings…

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 insurance service providers and their brokers, and the broker’s brokers.  But no need to worry, since MyRealPlan has this solved too, with their reverse bidding process, where insurance…

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 will provide the needed foundations in launching the business globally. MyRealTrip was founded in 2012 as a travel startup offering locals around the globe the opportunity to partake…

Korean food delivery app Yogiyo receives additional investment of US$35 million from DeliveryHero
579일 전

  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 to approximately US$55 million. Through this investment  Yogiyo will direct their focus towards achieving the total satisfaction of their customers, through continued development and improvement to products and services….