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Here’s A Look At Seoul’s Top Accelerators, Unlocking Korean Startup Success

Seoul, with its rapidly growing startup ecosystem is gaining precedence as one of the most promising entrepreneurial hubs in the world. Home to two of the most influential global tech leaders, Samsung and LG, the perception…

  ·  832일 전
Korean Startups Are Hot This Year. Here’s a Look at The Top Accelerators Powering Their Success

Seoul, with its rapidly growing startup ecosystem, is gaining precedence as one of the most promising entrepreneurial hubs in the world. Home to two of the most influential global tech leaders, Samsung and LG, the perception…

  ·  838일 전
Yello Mobile Announces $100M Investment From Formation 8, Achieves $1Bn Valuation

Yello Mobile has today announced an investment of just over $100M from Formation 8 Partners . The investment was made as a result of Yello Mobile’s opportunity to continue to grow into overseas markets. It is…

842일 전
Korean Security Startup ‘Lockin Company’ Promises High End Mobile Security For Startups

Lockin Company is a Korean ‘mobile application security company’ that has targeted smaller app developers who struggle to afford the more expensive app security services from larger providers. They have recently launched their cloud-based SaaS security service….

855일 전
This Korean Startup Is Capitalizing On K-Pop Fever, Attracts 1 Million Users in 7 months

In many countries KPop and other Korean cultural content, such as dramas and movies are all the rage. While much of this content is available on YouTube and services like DramFever and Viki, there is also…

857일 전
Softbank Ventures Assesses The Korean Startup Ecosystem

Softbank Ventures Korea is one of the most established and successful Venture Capital companies in Korea. Outstanding successes include Sundaytoz and Sunnyloft (acquired by Kakao), and there are dozens of other portfolio companies that are rising…

859일 전
Meet Yello Mobile, Aiming To Be Asia’s Top Mobile Platform Company [Part 2]

Only three years after the first acquisition Yello Mobile has raised $78M, is nurturing an alliance of 35 startups, is profitable to the tune of $1.5M per month and plans to IPO next year. This is…

860일 전
Yello Mobile – Perhaps Asia’s most Exciting Startup Story This Year [Part. 1]

Only three years after the first acquisition Yello Mobile has raised $78M, is nurturing an alliance of 35 startups, is profitable to the tune of $1.5M per month and plans to IPO next year. This is…

861일 전
Meet These Korean Startups Pursuing Opportunity In China

During my time working with Korean startups there has been an almost universal fear of the dangers of entry to the Chinese market. But as Korean founders become more globally minded, and more confident in themselves,…

862일 전
Is The Korean Government Doing Too Much in Support Of Entrepreneurship?

“We look forward to another success story with startups here in Daejon,” said President Park Geun-hye during a ceremony to launch yet another innovation center in Korea. While government support for Korean startups has been impressive,…

862일 전
After Resounding Success in Beta, The World’s Top Couple App ‘Between’ Launches On PC

VCNC, the developers behind couples app Between today announced the release of their PC version. The world’s leading mobile couples’ app was previously only available on iOS and Android. The addition of the PC version will enable couples…

864일 전
Tribeluga, Korea’s Newest Startup Accelerator, Opens It’s Doors To Founders Eyeing China

Tribeluga is a Seoul-Beijing based startup accelerator with the core mission of connecting Startups to new (and traditionally tough) markets, primarily China and the US. Today the company’s President, Lili Luo, launched the accelerator in a…

868일 전
SoftBank Makes Good On Promise To Increase Its Entertainment Focus, Acquires Korean Drama Fever

SoftBank has just announced that they will acquire Korean TV streaming service, DramaFever, for an undisclosed amount. DramaFever is a five-year-old Korean startup that streams global TV shows and movies online. The company was founded by brothers Hyun and…

869일 전
Korea’s Sharing Economy Rocket-Propelled As Domestic Ride Sharing Service Gets $18M Investment

Correction: The ‘won figure’ for the investment originally quoted was wrong and should be 18 Billion won (not 180 billion won. The fugure of around $18 million is correct. Bain Capital has today announced that they…

870일 전
New Global Strategies Required For Korea To Realize Opportunities In ICT

For as much as the last fifteen years Korea has been emerging as one of the front-runners in global tech innovation, but has failed time and time again to capitalize fully on the opportunities. Smartphones, 4G…

883일 전
Meet The Ten Billion Dollar Companies That Make Up The Korean Unicorn Club

Last December, Aileen Lee from Cowboy Ventures, identified 39 software startups that have reached valuations of over $1 Billion, and grouped them under the moniker of The Unicorn Club, in her landmark TechCrunch post. Since then,…

887일 전
As Sparklabs’ Fourth Batch Kicks Off, What Can We Can Expect From The Teams?

SparkLabs, one of Seoul’s leading accelerators, has recently started its fourth session and over the next three months will be assisting in the growth of another ten startup companies.  The ten companies range from healthcare to Internet…

889일 전
As ‘Silicon Valley Mindset’ Takes Hold In Korea Samsung Employees Leave To Found A Startup

David Lee and Ryan Kwon, founders of a new startup Mobidoo, had hit the career jackpot by securing lucrative roles in Samsung. But chasing a bigger dream, but have now left to start their own company….

890일 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…

918일 전
Korean Digital Rewards Service, Spoqa, Raises $2M To expand Into Japan

Spoqa is a Seoul-based startup that operates Dodo Points, a tablet-based loyalty platform for local merchants. Since its launch in April 2012, 1,500 local merchants in Korea signed up and Spoqa has driven 2.5 million customers…

940일 전