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Discover Korea’s Top Startup Event in May: beLAUNCH Agenda Now Live!
1113일 전

May 14-15 sees the return of beLAUNCH, Korea’s top tech and startup event for the Global Entrepreneurship Community. This year the event will be held in the brand new and impressive Dongdaemun design Plaza in the heart of traditional Seoul. Now that we are only a few short weeks away from launching the event we are able to officially release the full agenda for the conference that features some of the biggest…

Wearables, Med-Tech & Devices, and Mobile Gaming Come to The Fore at Sparklabs Third DemoDay in Korea

SparkLabs, a startup accelerator in Korea, hosted its third Demo Day in Seoul yesterday.  While startups in earlier batches were all based in Korea, the most recent session welcomed companies from Chicago, San Francisco, Tokyo and Seoul and sought to disrupt a wider range of industries from mobile music to wearable tech to professional online photo distribution, than previous batches which predominantly focused on mobile and e-commerce. This sets a trend which…

Korean Startup, Malang Studio, raises 2.0 billion KRW For Expansion From Yellow Mobile

Malang Studio, well known for their popular alarm app, AlarmMon, has recently raised 2.0 billion KRW (aprox. $1.9M)  in its latest fund raising round from Yellow Mobile, a leading local mobile-centric company who’s business portfolio ranges from mobile commerce to media/publishing and marketing/advertising. This fund raising by Malang is the latest of the series of milestones that the company has accomplished in recent months. Early this year, the company achieved a break-even in its monthly financial…

Korean Accelerator SparkLabs Recent Batch Graduates, Here’s Four of The Best
1114일 전

Review of The Best of Sparklabs Session 3 Startups, from beSUCCESS Writer Christine Bernard 1Day1Song is a Korean music discovery app. For a full day, the app will play a song from its artist of the day and will then display an exclusive background information provided by the performer. They have already launched on iOS with 64,000 users, and will launch on Android this summer. The app will also be launched in…

What Made Silicon Valley’s DFJ Make a Follow-on Investment In A Bitcoin Startup From Seoul

Coinplug, one of Seoul’s foremost bitcoin startups has just announced that they have raised a second round of funding from Silicon Valley VCs, to the tune of $400k. This replicates a funding round that the company received just last November for the same amount. What is also impressive is that both rounds have come from Silicon Valley based Investors, a once rare occurrence for Korean startups. This story also follows news we…

Introduction to Top 100 Korean Tech Startups You Should Know: Part 5
1120일 전

Finally, we’re back after some pause! It seems like we have some great lineup of startups for our list today. Some of the tech companies mentioned here are really hot in the Korean startup scene at the moment. I was personally impressed by these companies while writing the piece, and I’m sure you want to know them if you’re interested in Korean startups as well. If this is your first time reading…

Korea’s Pivotal Moment As Entrepreneurship Takes Centre Stage
1124일 전

In January in Davos, Switzerland, South Korea’s first female President, Park Geun-Hye pushed forward with a multi-billion “Creative Economy” policy. Although Korea has seen a great rise in GDP and living conditions in the last 50 years, President Park now believes the current economic growth environment in Korea has reached its limit, and just like startups often need to, she has decided to pivot the Korean economy to embrace innovation as a…

Korean Gaming Heavyweight, Smilegate, Buys $112 million stake in Sundaytoz, Becomes Biggest Share Holder

Smilegate, Korea-based maker of online games, has just announced a $112 million buyout of 20% of Sundaytoz’ stock in a move that makes the company behind global success, Crossfire, the largest stake holder. Smilegate is one of the most successful players in the Korean online gaming industry. For the last last two consecutive years Smilegate has been the proud owner / developer of the world’s highest grossing online game. Crossfire, with revenues of…

Life Moves Fast at Korean Startups, Shakr Media’s Newest Hire Shares His Experience
1127일 전

Within two weeks of joining Shakr, a Seoul and San Francisco-based video creation startup, I was on a 4:00 p.m. flight to San Francisco to represent the company at Google’s annual conference for it’s biggest advertising partners. The plane touched down at 9:00 a.m., I went into the bathroom at the airport to put on a suit, grabbed a “you might need two hands for that” sized black coffee, and went straight…

Introduction to Top 100 Korean Tech Startups You Should Know: Part 4
1129일 전

Demoday, a web platform for Korean Startups, recently came up with a list of 100 hot Korean startups in 2013, and we thought this might be a great chance to write an introduction to the Korean startup world. Every week, we will introduce you to 20 startup companies that got into the list in alphabetical order. Here’s the first 10 companies of our list for this week: Handstudio Category: Contents Key People:…

Introduction to Top 100 Korean Tech Startups You Should Know: Part 3
1134일 전

Demoday, a web platform for Korean Startups, recently came up with a list of 100 hot Korean startups in 2013, and we thought this might be a great chance to write an introduction to the Korean startup world. Every Tuesday and Thursday, we will introduce you to 10 startup companies that got into the list in alphabetical order. Here’s our list for this week: Cosmic Color Category: Commerce Key People: Jerry Yang…

Introduction to Top 100 Korean Tech Startups You Should Know: Part 2
1136일 전

Demoday, a web platform for Korean Startups, recently came up with a list of 100 hot Korean startups in 2013, and we thought this might be a great chance to write an introduction to the Korean startup world. Every Tuesday and Thursday, we will introduce you to 10 startup companies that got into the list in alphabetical order. Here’s our list for this week: BCNX (Ads/Marketing) Key People: Dae-gyu Chang (Co-founder, CEO), Young-uk…

Introduction to Top 100 Korean Tech Startups You Should Know: Part 1
1141일 전

Demoday, a web platform for Korean Startups, recently came up with a list of 100 hot Korean startups in 2013, and we thought this might be a great chance to write an introduction to the Korean startup world. Every week, we will introduce you to 10 startup companies that got into the list in alphabetical order. Here’s our list for this week: 4:33 Creative Lab (Gaming) Key People: Jun-Mo Kwon (CEO), Tae-hwan…

As Facebook Buys WhatsApp, What’s The Future of Korea’s Top Messaging App, Kakao Talk?
1162일 전

Kakao Corp., developers of Korea’s favorite messaging service and social platform, Kakao Talk, will be listing its stock publicly next May. This follows the recent news that SundayToz also successfully listed its stock in August 2013, and demonstrates further growth in the domestic tech industry, that has been attracting much attention in the international press attention recently. What’s more interesting though is the potential opportunity that Facebook has presented following today’s news that…

German-Korean Entrepreneur Disrupting $5Bn Delivery Market, Bets on Offline-Online Megatrend
1170일 전

Naldo today announced a new online instant-delivery ordering service that aims to disrupt a domestic industry worth $5Bn. The company provides “immediate delivery of almost any item for B2B and B2C customers within a maximum timeframe of 90 minutes via a browser-based online ordering-system”. The existing offline instant-delivery market in Korea is already huge and sprawling, but Naldo aims to provide a much more streamlined and cost-efficient experience to customers. The early…

South Korean Startup Support Gets Mixed Reception

Published on the Wall Street Journal, February 11 2013 First Year Raises Efficacy Concerns; Government Says Project Continues to Improve In the past year, the South Korean government has sponsored a raft of overseas programs to give its young startups exposure to global tech trends. Government officials here hope that a thriving local startup scene could soon put fresh Korean technology names on the global stage—and they are sparing no expense to…

BootstrapLabs and Coolidge Corner Investment Partner to Launch Bootstrap Accelerator Korea
1175일 전

Partnership creates first Korea-­focused accelerator for tech startups with a dedicated Silicon Valley Fast Track™ program Silicon Valley-­based BootstrapLabs, a global accelerator for foreign entrepreneurs and Seoul-­based Coolidge Corner Investment (CCVC), a technology venture firm with $22M under management, today announce the formation of BootstrapAccelerator Korea, a Seoul-­based 6 month accelerator program specifically designed to assist young and promising korean technology startups to relocate in Silicon Valley and build global businesses. Additionally,…

South Korean Startup Flitto Crowned ‘Best Startup In The World” At Seedstars World In Switzerland
1176일 전

The Korean ecosystem is buzzing with the news that one of their own, translation service Flitto, has this week been crowned as the best startup in the World at the final of the Seedstars World global startup competition. The team at Seedstars spent almost nine months travelling to 20 different cities across the globe to find the best startups in each region. The regional winners were then invited to the grand final, and offered…

Korean Couples app Between is now Japan’s top social networking app
1179일 전

Originally posted on The Bridge: Kei Kajitani is the Japan general manager of Korea-based VCNC, heading up the company’s efforts to promote their couples app Between here in Japan. After the app’s recent 2.0 release back in December, it appears to have picked up some steam in a number of markets around the world, including Japan where it is has ranked as the top social networking iOS app since Wednesday. He tells…

Another Korean Bitcoin Startup, CoinPlug, Raises $400k from US Investors

Korean startup Coinplug has closed an investment round paid partly in bitcoin. This news comes shortly after another Korean Bitcoin startup, Korbit, also raises $400k from a dream team of Silicon Valley investors, as reported by beSUCCESS here. Coinplug raised $400,000 from Cupertino-based fund SilverBlue, with half the amount raised in bitcoin and the rest in fiat currency. The startup plans to launch a digital currency exchange, wallet and merchant platform in Korea in mid-December….