BBB Technologies Inc. (BBB), a mobile healthcare startup, announced $5 million in Series A fundraising. This round’s investors consisted of ID Ventures, POSCO Capital, and Mirae Asset Capital. BBB released the world’s first Android-based mobile blood testing device, elemark®, within six months of its founding in 2014. With elemark®, patients can conduct blood tests themselves and have the test results automatically saved in the cloud for tracking their biomarkers. BBB also established a…

Proto.io 6 – Top 10 features from Proto.io on Vimeo. Proto.io, the mobile app prototyping software used by more than 300,000 industry professionals and regular, non-technical people, today announced the launch of Proto.io 6. Along with a redesigned UI and numerous performance enhancements, the new Interaction Wizard makes it easier than ever to create dynamic, interactive prototypes. This enables users to quickly create beautiful, fully-featured prototypes – even if they don’t have…

If a person comes for the profit goes for another profit, a person bows for a power searches for another powerful men. Only the person comes for the mind lasts forever.” – from “The Rise of the Great Nations” by SangRae Cho. Smilegate group(CEO HyeokBin Kwon) is famous for a FPS game called ‘Cross Fire.’ Cross Fire which has 500million global users, 6million users for concurrent user, successfully localized the game in…

Where are the momentum that will lead the next decade in the consumer market in China? One advised to pay a good attention to the ‘Post-8090’ generation. The Post-8090 generation, often named balinghou (Post-80) or jiulinghou (Post-90), refers to the people who were born between 1980s and 1990s in China after the Chinese government has introduced ‘One-child’ birth-control policy in 1979. The Post-8090, also named Small Emperors (xiaohuangdi), can be viewed as…

Start-up company ‘Mirion’ is now developing ‘bCODE’. bCODE is a binary code which can be written by hand for management of online and offline data collectively, it is also a way of providing internet connection to different products.   bCODE is similar to QR code, but there are some big differences. QR code is a distributor focused system. Usually, only big companies uses printed QR codes for commercial purposes. bCODE however, is a two-way…

Viva Republica, the providers of P2P money transfer service ‘Toss’, raised KRW 26.5 billion (about $23 million) on April 11th from a consortium consist of the leading domestic venture capital from KTB and Sillcon valley based firms from Goodwater capital and Altos ventures. The capital raised from this round will enable the company to strengthen Toss’ market dominance and expand its lineup of Fintech services. Toss, which launched on February of last…

  BeyondK, a Hallyu based MCN star promotion program, has been launched. BeyoundK is a program which plans and creates contents for Hallyu based global creators. It is a one-stop program cooperated by GoodTimeWithMe(KBEAT) and Wish Company, which also manages all from the producing of projects, managing, marketing, and creating profit. GoodTimeWithMe is a startup which is based on the KPOP fandom community service and the network with Hallyu based MCN stars. For…

South Korea opened its largest startup complex near Seoul on Tuesday as part of its efforts to boost promising local startups and attract foreign companies. The “startup campus” in Pangyo, just south of Seoul, is designed to nurture more than 200 startups, offering workspace and consulting services for capital funding, according to the Ministry of Science, ICT and Future Planning. They include the Yozma Group, an Israel-based global venture capital firm, and TEDCO,…

Social dating ‘Charmy’ has successfully completed it’s beta and announced an official launch of the service. Charmy is a dating app using ‘ranking’ and ‘matching’ solution which matches partners based on the rank much like the very well known on-line game League of Legends (LOL). Experiences like being frustrated of not being able to meet a likable match, Charmy has designed its service to minimize the fatigue by adopting ranking system. Basically the users…

KOISRA Seed Partners, the first Korea-Israel Seed Fund and Accelerator and Mass Challenge based in Boston with satellites in the UK and Israel, signed on partnership agreement last week in order to develop the Korean-Israel startup eco-system. For the first step of collaboration, KOISRA Seed Partners will help Mass Challenge attract Korean startups to participate in its acceleration program in Israel during July~October 2016. The finalists of the acceleration program will enjoy the global mentoring, office…

Korean game contents maker ‘CSP Media’ with its purpose to enter the European market, is producing big screen games in 2016 Cebit Hannover. CSP Media game solution connects user’s smartphones with a smart TV (including TV with OTT or a Setup Box) offering an opportunity to play multiplayer games using smartphone as a console. CSP Media has successfully entered the Chinese market through contracts with Chinese platform providers including the biggest Chinese TV game publisher Wocheng,…

Mobile, Game and Technology investment specialist, K Cube Ventures and Stone Bridge Capital have invested US$860k (KRW 1b) into Washon, a laundry service operator. Washon is an on-demand laundry service allowing its users to select collection and return times that are most convenient for them. This O2O (online to offline) came to fruition after Chae J00 Byung, an experienced laundry operator joined forces with IT professionals with experiences working with Naver, Oracle…

Cherubic Ventures kicked off 2016 with an annual summit in the glamorous Shanghai, where East meets the West. More than 200 guests from its portfolio companies, partners from top venture capital firms and business partners all attended to share their thoughts on the opportunities and challenges in the early-stage tech investment space in the world. As an early-stage venture capital firm with coverage across U.S and the Greater China region, Cherubic Ventures…

Kakao today announced that it partnered with Huace Group, China’s number one comprehensive film and TV media group, to bring five of its popular Daum Webtoon titles to the screens in China. Kakao and Huace group signed deals for four of its webtoons, with one additional title to follow imminently. Daum Webtoon is Kakao’s web comic platform which first introduced the concept and format of ‘webtoons’ in 2003. Since then, it has…

At today’s fourth game in the Google DeepMind Challenge Match, the best Go player of the last decade, Lee Sedol, came back from three consecutive losses to beat the Go-playing computer program, AlphaGo. Playing as white, Lee won when AlphaGo resigned after 180 moves. Reporters gave Lee Sedol a standing ovation as he entered the press conference. Lee commented, “I’ve never been congratulated so much just for winning a single game. I…

Leferi Beauty Channel, a popular beauty MCN in Asia has secured a US$822k (KRW 1b) investment from Union Investment Partners. Driving the investment deal was the global trend for video contents. In the Asian market, popular video content categories in the Asian market  include beauty and fashion as well as Korean products. Leferi Beauty Channel has partnered with Youtube Korea over the last 1 year and 4 months to deliver their Creator Academy…

Tribeluga, a pioneering cross-border innovation platform focusing on funding and nurturing Health, Education, and Environment (HEE) technologies across China, Korea and the US has held a press conference at the Lotte Hotel to announce their performance and plans for the future. Tribeluga was first registered as a Korean entity in 2014 and in the same year held the ‘Tribeluga Tech Conference Beijing’. The company participated in beGLOBAL Seoul 2015 and throughout last year…

Local supermarket delivery App, Supermenz has secured an investment deal with Korea’s leading startup accelerator ‘Primer’ and Sazze Partners of Silicon Valley’s. The value of the investment has not been disclosed. This is the second investment in three months following the early stage investment in October. Both investments have enabled Supermenz to establish a foothold on the local supermarket delivery service in Korea. The investment will allow Supermenz stick to their strategic operational plan…

Last January, there was a special event in Peru, South America. It was a fan meeting event of Nardy Santana (Latinasaram), an YouTube MCN star who creates various contents which are based on the Hallyu Wave (Korean ‘cultural wave’ fuelled by the Entertainment Industry), and more than 2000 fans came all the way to see Nardy. This happened just a year after Nardy had started her YouTube channel called Latina Saram. She…

The National Rehabilitation Center in Korea conducted a study to examine the impact of virtual reality-based exercises combined with standard occupational therapy on distal upper extremity function and the health-related quality of life for stroke survivors. Virtual reality-based treatments have become one of the fastest growing trends in healthcare, but none of the previous studies had provided detailed, quantitative information about the impact of technology on the effectiveness of the rehabilitation process….