Yea Studio, the creator of Junimong, a popular kids drawing social networking site, has secured a $850k investment from East Gate Partners LLC and Big Basin Capital. East Gate Partners operates Daum’s Youth Startup Investment Fund while Big Basin Capital is a Silicon Valley venture capital firm focused on investing in Korean and American startups. This is the second early development investment for Big Basin Capital, and is a follow up to Mashup Angles, in which…

  Talent marketing company Kmong has successfully secured 700 million Korean Won (US $809,000) from East Gate Partners LLC, the fund management company leading Daum Kakao’s youth foundation investment trust. Kmong offers a platform for talent acquisition. Despite this being considered an intangible commodity, Kmong has had more than 130,000 transactions and currently boasts over 100,000 members. One of the most impressive numbers involve a particular seller with an accumulated sales total of one hundred…

RedTable is a Korean startup providing data analysis services for restaurants.  It was first established by a group of masters and doctorates from the Sae Jong University, Department of Hotel and Tourism.  Recently RedTable secured investments to the scale of US$930k. As revealed by ‘Red Table’, the investment was made by three companies: US$418k from East Gate Partners, US$410k from Angel Investment and the balance from Medium Business R&D.   Red Table was established…

Chutcha is a used car app developed and serviced by Mr Pick.  In the use car O2O space, it is widely known as a market leader. Mr. Pick through their extensive experience in online platforms, provides O2O business solutions.  The startup’s experience has been gathered from IT experts from companies like Naver, Neowiz and Nexon.  Recently, Mr Pick confirmed East Gate Partners will invest US$585k into the company.  Of course, behind East…