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TechCrunch is coming to Seoul for its 2nd Meetup event

Last year, TechCrunch came to Seoul to host its first-ever Meetup, and is returning to Seoul on October 27, 2016 to host its second Meetup+Pitch-Off competition for Korean early-stage startups. “We had reside chats with tech…

105일 전
5 Fintech Startups to watch in Korea.

Huge institutions, archaic systems and lots of money at stake. These are the conditions that have brought tech entrepreneurs to the wildly exciting and growing arena of financial tech.Both venture capitalists and Wall Street are rushing…

398일 전
SK and Brookside Capital invest $56m into Socar, Korea’s leading car sharing service

Korea’s top car-sharing app maker ‘Socar’ has successfully secured a series B investment from SK and Brookside Capital part of Bain Capital for an amount of US$56m (KRW 65b). In October 2014, Socar secured a Series A…

427일 전
Additional US$4.3m investment for tailored men’s fashion O2O startup ‘Stripes’

Stripes, an O2O startup offering tailored men’s fashion has secured additional investment US$4.3m. On the 2nd November, the company, determined to become a comprehensive brand for men’s fashion launched its first oversea branch in Singapore. Lee Seung…

428일 전
Kakao needs a new revenue stream, plans to expand into delivery service

Kakao Corp. (KOSDAQ 035720) today reported third quarter financial results under Korean-IFRS. Kakao’s consolidated revenue for the quarter was KRW 229.6 billion with mobile businesses making up 56%. For the third quarter, Kakao focused on actively…

439일 전
SK Telecom boosts investment into MCN provider Treasure Hunter by US$4.3m

SK Telecom has made a US$4.3m (KRW 5b) into MCN (Multi Channel Network) operator Treasure Hunter. Treasure Hunter is the creator and operator of famous and popular channels such as YangDding (YG Gaming Channel), Aligator and…

442일 전
Mobile security developer, Lockin Company secures $1.3m investment business bank

Lockin Company, a specialist in mobile security solutions has received US$1.3 million (KRW 1.5b) in investment from KDB Business Bank. The investment comes within 2 years since its startup and has been sourced from a business…

447일 전
Kakao’s K Group Ventures acquires beauty solution provider Hasys

K Venture Group, a specialist investment branch of Kakao has acquired a majority (51%) stake in top beauty solution company ‘Hasys’.  Hasys is the developer and service provider of client management solutions for salons, facial salons,…

468일 전
Korean beauty commerce company, Althea gets backing from Silicon Valley’s 500 Startups

Althea the top Korean beauty commerce company in South East Asia has been successful in securing an investment from 500Startups, which is among the best known Silicon Valley venture capitals. Although the company was only launched in…

476일 전
Joint investment by K Cube Venture and Partners Investment of US$1.7m into game MCN specialist startup, Kong Doo Company.

On the 6th, the joint investment was confirmed between K Cube Ventures, a specialist investor into internet, mobile and technology and Partners Investment. The investment is into a game company Kong Doo Company which specializes in…

476일 전
Korean fintech startup Coin Plug get US$4.2m investment for Bitcoin blockchain technology

On the 1st October, CoinPlug, a Fintech company specializing in blockchain technology using bitcoins, announced that it had secured US$4.2m (KRW 5b) in investments from domestic investors. Atinum Investment lead the investment along with other investors including…

481일 전
Korean IT outsourcing startup platform, WishKet receives US$1 million investment

  Wishket, a startup specialist in IT outsourcing has received a US$1 million (KRW 1.2b) investment from Smilegate Investment and Mega Investment. Wishket is an online outsourcing platform linking IT projects with IT specialists that can…

482일 전
UAE VC MENA Apps invests US$170 million into Korean Startup with Towerless Internet Technology

  On the 21st September, global satellite communication company DiGiFi Korea was successful with securing an investment worth US$170 million (KRW 200 billion) from UAE’s largest venture investment company, MENA Apps. Founded in 2014, DiGiFi Korea…

491일 전
Fiscal Note acquires political analytic application company MyCandidate

On the 10th September, FiscalNote announced its acquisition of Korean political analytic company MyCandidate. FiscalNote provides services of real time legal and policy data analysis. Similarly, the South Korean company MyCandidate specializes in analysis of political…

502일 전
NEOFECT shows how a robotic glove can help stroke victims

Editor’s note : This article ‘NEOFECT shows how a robotic glove can help stroke victims’ was orginally published by e27’s Elaine Huang Meet NEOFECT, a South Korean tech company that wants to change the face of…

504일 전
KTB Network invests $2.5m into Korean beauty eCommerce B2Link

KTB Network specializing in company investments in the global field of cosmetics, fashion and electronics has confirmed an investment deal worth US$2.5m (KRW 3b) into B2Link.  This recent investment follows on from DSC Investment totalling US$1 million…

504일 전
Make your own viral video ads to entice users with Hooreel

Editor’s note : This article ‘Make your own viral video ads to entice users with Hooreel’ was orginally published by e27’s Elaine Huang Late last month, South Korean startup IndieCF launched its first iOS application Hooreel…

508일 전
Yellowmobile records US$66 million Q2 sales

  As revealed on the 31st August, mobile service provider YellowMobile has reported Q2 sales total of US$66m which is up 533% from the same period last year.  Compared to Q1 figures, sales has grown by 38%. YellowMobile’s Q2…

511일 전
Softbank Ventures, invests into Gaudi Audio Lab – VR Audio startup

On September 1, Softbank Ventures Korea announced a joint investment deal with Capstone Partners for an amount US$920k which is to be invested into Gaudi Audio Lab. When founded, Gaudi Audio Lab’s mission was to provides the…

511일 전
Fintech startup BMO receives $1.8m from investors for Honest Fund P2P loan service

Fintech startup company BMO has received approximately US$1.8 million from investors including Yellow Financial Group, Settle Bank and Shin Hyun Sung the CEO of Ticket Monster for their P2P (peer to peer) loan service platform Honest…

516일 전

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