Korean tourism company ZaiSeoul wins $2.5m investment
589일 전

ZaiSeoul is a Korean Travel business specifically catering for Chinese tourist requirements through their travel service platform. On the 18th September, ZaiSeoul confirmed an investment from NICE group for US$2.5m (KRW 3b).  Since 2011, ZaiSeoul has distributed a discount coupon like magazine in Korea and China. The magazine distributed monthly, services Chinese tourists with travel information including accommodation, restaurants, tourist attractions, shopping and other travel related contents. In total, the magazine has distributed…

Korean startup Origin Games wins investment from AltosVentures and Bon Angels Venture Partners
592일 전

Mobile game OriginGames has secured US$1.7m (KRW 20b) from two very well known Venture Capital companies; American VC Altos Ventures; and Bon Angels Venture Partners who were the first VC in Korea to specifically target startup investments. Origin game is a startup specializing in mobile games. Their key personnel include webgen ‘R2’ and C9’ team leaders, and key development team members from Nexen ‘Dungeon and Fighter’. They are currently developing a mobile game…

Korean shopping review app startup Brandi receives investment from DSC Investments
593일 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
593일 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
593일 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
598일 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
600일 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’
600일 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
600일 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…

NEOFECT shows how a robotic glove can help stroke victims
600일 전

Editor’s note : This article ‘NEOFECT shows how a robotic glove can help stroke victims’ was orginally published by e27’s Elaine Huang Meet NEOFECT, a South Korean tech company that wants to change the face of rehabilitative therapy for victims of stroke and other brain trauma. Founded by Hoyoung Ban, who is also the CEO, NEOFECT is doing that with RAPAEL, a US$1,000 robotic glove that runs on Android and connects to…

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…

Top 10 Startups for beGLOBAL SF 2015 finalised
601일 전

On the 4th September, judging of teams competing in the startup battle for beGLOBAL’s upcoming San Francisco 2015 conference event was finalized at an event at ‘Startup Alliance’, Korea. As part of the process startups teams were judged in a two stage process: first stage documentation review and qualification process, followed by second stage presentations. Of the teams that presented to the judging panel, the top 10 startups were selected for this years beGLOBAL…

Everyone’s livestreaming, broadcasting on mobile
601일 전

Editor’s note : This article ‘Everyone’s livestreaming, broadcasting on mobile’ was originally published by e27’s Elaine Huang On smartphone screens worldwide, Kim Yubin and Lee Sunmi of famous Korean pop (K-pop) quartet Wonder Girls greet V users with singsong voices and peace hand signs. The two young celebrities banter playfully, amidst girly giggles, while fans litter the comments board with coloured hearts, compliments and ㅋㅋㅋ, which indicates laughter in Korean. V is South Korean conglomerate Naver’s app…

Make your own viral video ads to entice users with Hooreel
604일 전

Editor’s note : This article ‘Make your own viral video ads to entice users with Hooreel’ was orginally published by e27’s Elaine Huang Late last month, South Korean startup IndieCF launched its first iOS application Hooreel which promises to let anyone and everyone with a smartphone “create their own viral marketing videos”. The free app is specifically targetted at business owners who might not have the equipment, resources or expertise to create…

Travel SNS Travel Note & Tour secures US$420k investment from Coolidge Corner Investment
604일 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
607일 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…

Yellowmobile records US$66 million Q2 sales
607일 전

  As revealed on the 31st August, mobile service provider YellowMobile has reported Q2 sales total of US$66m which is up 533% from the same period last year.  Compared to Q1 figures, sales has grown by 38%. YellowMobile’s Q2 goals followed on from Q1 trends as they concentrated their efforts on expansion into foreign markets, and positioning itself for sector growth. The results of the 5 business streams categorised in order of magnitude are: O2O $27.6m…

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…