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Viva Republica, providers of P2P Transfer service ‘Toss’, Raises $23 million

Viva Republica, the providers of P2P money transfer service ‘Toss’, raised KRW 26.5 billion (about $23 million) on April 11th from a consortium consist of the leading domestic venture capital from KTB and Sillcon valley based…

317일 전
‘Hyperconnect’, communication app ‘Azar’ receives US$8.6m investment

On the 17th November, Softbank ventures announced that it had made an investment into HyperConnect a communication application startup. The total of the investment was revealed to be US$8.6m (KRW 10b) and was provided jointly with…

462일 전
Korean startup ‘Venticake’, gets US$5.9m investment for camera app Retrica

Venticake, the developer of camera app ‘Retrica’ has secured investments totalling US$5.9m (KRW 7b) from US venture capitals Bessemer Venture Capitals, Goodwater Capital and Altos Ventures. With more than 250 million downloads globally, Retrica is a…

502일 전
Korean startup Origin Games wins investment from AltosVentures and Bon Angels Venture Partners

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….

524일 전
Altos Ventures Invests $2 Million USD In Global Video Messenger Startup ‘Hyperconnect’

Altos Ventures, headquartered in Silicon Valley, has invested $2 million USD in Hyperconnect, the developer of live time video communication technology and the service host for the video messenger ‘Azar.’ Hyperconnect has developed a very distinct…

785일 전
CEO of Baedal Minjok Talks About How He Raised $36 Million From Goldman Sachs [Part 2]

This is part two of this story. Part 1 here In 2010 when Bong-jin Kim left’ Naver’ (Korea’s primary online search portal), he had no idea about Venture Capital or ‘Exit’. Additionally, he had no interest in…

806일 전
CEO of Baedal Minjok Talks About How He Succeeded In Raising $36 Million From Goldman Sachs [Part 1]

In 2010 when Bong-jin Kim left’ Naver’ (Korea’s primary online search portal), he had no idea about Venture Capital or ‘Exit’. Additionally, he had no interest in global expansion. He built his startup to focus on…

806일 전
As Google Commits To New Seoul Campus And Overseas Interest Intensifies Samsung Remains Absent From Local Scene

Google, on an international mission to rapidly connect with the global startup community, has recently announced that it will open a startup campus in Seoul, Korea next year. This comes at a time when Korean entrepreneurs are beginning…

909일 전