On August 17th, Wemakeprice a company dealing with social commerce, announced it had raised a total of $85M following the third release of its shares through NXC. Through this investment, Wemakeprice plans to seek the necessary talent and improve its systems in order to accelerate and improve the shopping experience for its customers and partners. NXC specializes in online and mobile games production as well as distribution through its subsidiary Nexon. Kim…

Korean gaming company ‘SundayToz’ and The Ministry of Science, ICT and Future Development and have created the ‘AniPang Fund.’ The fund will be aimed at startups in the following fields: Gaming, Social, digital content, platform based technology and contents based technology. The ‘AniPang Future Contents Investment Association’ will operate under the management of Smilegate Investment. While the fund will primarily focused on startups in Korea, a representative from SundayToz has confirmed that they are…

According to an article on Business Korea, the Korean government is planning to invest at least $209 million USD over the next five years to promote the growth of the game industry. This comes in a year where game developer 4:33 Creative Labs raised around $110 million USD from Tencent / Line, Smilegate bought a $110 million USD stake in Sunday Toz, Devsisters went public at a $627 million USD valuation, we announced…

Healthcare wearables startup Ybrain announced today it closed on $3.5 million in Series A funding in a round led by Stonebridge Capital bringing company’s total raise to $4.2 million. The Korea-based startup, founded in Feb 2013 by a Caltech neuroscientist and Samsung engineers, offers healthcare wearables for Alzheimer’s disease patients. Ybrain is a brain signal based wearable device start up building mobile health and wellness solution platform for the healthy and impaired….

The Korean startup ecosystem has been exploding over the last couple of years. As more interesting startups begin to emerge, so the support services to power their success also become more diverse and more mature. There are a number of key accelerator programs in Seoul now, that offer a range of services and finance for early stage Korean companies. Interestingly there is also now a distinct push towards helping Korean startups connect…

On December 20th we announced that Korea’s top social networking service for couples had launched V2.0 of their service. This followed with news from Japan on February 4th that the App had hit the number one spot in the social category. And Now a third momentous announcement within two months: Between has now added Japan’s DeNa as a strategic investor to build on recent success and the current trend towards ‘platforms’ that…

Noom, Inc., the creator of fun and easy-to-use health and wellness apps, announced today that it has closed a $7 million Series A round of funding led by New York-based RRE Ventures with participation from TransLink Capital, Scrum Ventures, Recruit Group Japan, Qualcomm Ventures and Harbor Pacific Capital. RRE’s Jim Robinson IV will join the company’s board. “Noom has designed a comprehensive mobile weight loss program complete with guidance and motivational support…

How do you pitch, and then manage the relationship with your investors? You cashed the check, now what? Managing the relationship with your investors is an important skill that new entrepreneurs have to learn. Join us at beGLOBAL for a lively discussion about how to navigate the sometimes-complicated relationship between the idea and the money. That is the topic that will be discussed at the Korean LP’s/Funds investing in Silicon Valley Panel…