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Second investment in three months for Korean startup Supermenz

Local supermarket delivery App, Supermenz has secured an investment deal with Korea’s leading startup accelerator ‘Primer’ and Sazze Partners of Silicon Valley’s. The value of the investment has not been disclosed. This is the second investment in three months following the early stage investment in October. Both investments have enabled Supermenz to establish a foothold on the local supermarket delivery service in Korea. The investment will allow Supermenz stick to their strategic operational plan…

Kakao acquires Park Here, a startup providing parking search and booking service in Korea 

Kakao have announced their strategic acquisition of Parking Square the developer and operator of ‘Park Here’, an app that allows searching and reservation of parking spots. The app allows its users to quickly search for vacant parking lots nearby and reserve the vacancy at a discounted rate. The app is appealing to both parking spot users and parking lot operators as it provides parkers a convenient way to access a parking spot…

K Cube Venture invests into Korean mobile game developer Affinity

2nd December 2015 – K Cube Ventures, investment specialists in mobile, internet and technology have invested US$690k (KRW 800m) into mobile game developer Affinity. Affinity is the developer of mobile game Historia. The Affinity team were specially brought together by Song In Su, the previous director of Joy City, who sought to bring individuals with success in creating popular games. The key team members have an impressive combined experience in creating popular…

‘Hyperconnect’, communication app ‘Azar’ receives US$8.6m investment
493일 전

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 Altos Ventures. HyperConnect Inc. started in March last year with the aim to connect the people of the world with the most effective and economical means. Their communication app ‘Azar’ allows easy live chat with other users…

Cosmetic ranking service GlowPick received investment of US $1.3m
499일 전

GlowDays the company behind GlowPick has received a Series A investment of US$1.3m (KRW 1.5b) from SL Investment,  Jafco Asia and ShinHan Capital.Glowpick is a cosmetic raking service that provides ranking based on consumer reviews of the product. The ranking process is somewhat different to other similar platforms in that GlowDays runs an algorithm to establish only credible and genuine review. A common problem in modern blogs and review platforms is the…

Food app Gormey providing recommendations by food critics get major update
500일 전

Gormey, an app that is aimed at providing credible restaurant recommendations recently announced major updates for both iOS and Android releases.  Although there are many restaurant recommendation apps on the market, Gormey brings a whole new level of credibility by providing recommendations based only on reviews by food critics. After all, professionals that review food for a living are likely better candidates at providing recommendations. Gormey recommendations are driven by human curation…

I Am School provider of Mobile Homework Diary receives investment from LB Investment

Mobile digital homework diary service ‘I Am School’ has secured US$2.1m (KRW 2b) investment from LB Investment. I Am School is Korea’s first mobile homework diary service that captures 99% of the almost 63,000 bulletin boards used by 11,500 schools. Within 2 years of release, more than 1.3 million users subscribed to the service. The majority of the app downloaders were parents over 40 years of age; an age group that typically has…

This Korean Startup Allows Developers To Add Voice, Video, & Chat To Web/Mobile Apps With A Few Lines Of Code

‘Appspand’ is an advanced communication service, allowing voice, video, and chat to be added to any web/mobile app, with a few lines of additional code. Uberple was founded in Jan 2013 with the vision of dramatically improving communication within the financial services industry. This need was borne out the founder’s experience of crude tools available for communication both internally and with clients. While their scope has been broadened to embrace opportunities in…

Korean Startup WePlanet Reinventing The Age Old Journal
1319일 전

Is your old high school journal sitting in a bookshelf collecting dust, never to be written in again? Although some people might like the novelty of handwriting their journal, WePlanet is looking to bring the classic format into the 21st century with its new STEP Journal service, adapted for todays smartphone ridden world. STEP allows individuals to easily and swiftly record their daily lives by using an intuitive icon-based interface and by…

This Week’s Startup – DreamCosmo

This Week’s Startup – DreamCosmo   DreamCosmo <Dreamallow>     Our Dream is to help your “Dreams Come True”- DreamCosmo “It was all started from my dream. My dream to help others’ dreams come true!” said Mr. Shin,  the founder of DreamCosmo. DreamCosmo’s first ever app service in public called “dreamallow” is now getting popular in Korea by providing various interesting tools to achieve users’ goals. Dreamallow presents challenge missions in various…

This Week’s Startup – Frograms
1375일 전

This Week’s Startup – Frograms   Frograms <Watcha>   Yes, We are “Crazy”- Frograms “We believe that best company is where you have best co-workers. We always try to be best co-workers to each other. We are fun and happy and we make amazing products.” That’s all about their company presentation on their official website. Frograms, unlike other traditional Korean companies, focuses on the efficiency and quality of the work rather than working-attitudes….

This Week’s Startup – Baedal Minjok
1386일 전

This Week’s Startup – Woowa Bros.   Woowa Brothers <Baedal Minjok> <Official Website Link> “If you have ever been to South Korea, what is the most surprising part ?” Most of answers to this questions are predictable; foods, people, culture, and nature. But there is one answer unexpected; food delivery service. Food delivery service can be seen almost everywhere in South Korea bringing convenient, city life-style. With one easy phone call, you…