SEJONG Telecom, Inc. will form a consortium with IRM Co., Ltd. and Pusan ​​National University Hospital to build a platform for blockchain-based medical data management and NFT issuance for medical image data. Sejong Telecom Consortium was selected the blockchain technology validation Proof of Concept (PoC) project which supports blockchain-related services before commercialization by the National IT Industry Promotion Agency (NIPA). The goals of this project are to develop cloud PACS (Picture Archiving…

The Seoul Global Startup Center (SGSC) hosted Demo Day for global startups was successfully made available to online audiences on December 29th. The event, organized by SGSC, established by the Seoul Metropolitan Government in co-operation with N15 Co., Ltd. (N15, Co-Founder Jea Huh, Sunjong Ryu), and WeWorkLabs Korea was held December 23rd at Daewon Media Hall located in Yongsan I-Park Mall. Following the precautionary measures and guidelines of COVID19, Demo Day had been hosted…

서울글로벌창업센터 ‘2020 SGSC 데모데이’ 성료, 우수 기업은 다모고, 아폴로 에듀 테크, 오이스터 에이블 서울글로벌창업센터(Seoul Global Startup Center)가 ‘2020 SGSC 데모데이’를 성공적으로 마쳤다. 오늘 넥스트유니콘 홈페이지를 통해 공개된 2020 SGSC 데모데이는 비대면으로 사회적 지침을 준수해 23일 용산 아이파크몰 대원미디어홀에서 진행되었다. 이번 데모데이에는 서울글로벌창업센터 1~4기 졸업 기업 및 5기 입주 기업 중 1차 서류 심사를 통해 선발된 10개 스타트업이 참여했으며, 국내외 벤처 투자사 대표 및 투자 담당자 10인의 심사를 통해서 3개 우수 기업을 선발했다….

COVID-19 pandemic might have stalled the world’s major events, but it has not stopped the Korean startup ecosystem to demonstrate its technical prowess by converting offline events to the virtual platform. As the year 2020 ends in unprecedented times and there is a beginning of the new Post-COVID-19 Era, SGSC takes the lead on a 100% UNTACT Demo Day to be virtually available on December 29th.  The 2020 SGSC Demo Day for…

서울글로벌창업센터, 스타트업 해외 진출을 위한 ‘2020 SGSC 데모데이’ 23일 온라인 개최, 29일 공개 서울글로벌창업센터가 ‘2020 SGSC 데모데이’를 23일 용산 아이파크몰 대원미디어홀에서 진행했다. 서울시가 설립하고 ㈜엔피프틴(N15, 공동대표 류선종, 허제)과 위워크랩스(WeWork Labs)가 공동으로 운영하는 서울글로벌창업센터(Seoul Global Startup Center)는 스타트업의 IR 피칭 및 네트워킹 지원을 위한 행사를 매년 개최하고 있으며 올해부터는 입주기업의 투자를 유치하고 국내·외의 벤처캐피탈(VC)과의 연결을 확대하기 위해 SGSC 데모데이를 개최했다. 이번 2020 SGSC 데모데이에는 서울글로벌창업센터 1~4기 졸업 기업 및 5기 입주 기업 중…

Editor’s note:  Senior Director Corporate Development at Baedal Minjok There is no doubt that Korea is in a revolutionary moment. In my last post, “Korea Rising”, I illustrated the unique position Korea is currently in. Leaving it with only one option: Build. The Korean War (1950–1953) left the country in a state of utter disorder. The bustling metropolis we reside in today was but a dream when basic running water was a…

Editor’s note: Senior Director Corporate Development at Baedal Minjok I. There is no greater time to be in Korea than now. Yes, that’s coming from a Korean American that has lived his entire life in the Bay Area and landed in Seoul 10 months ago. Hard to digest right? ( I can feel the collective eye roll of native Koreans ) 이사람, 진짜 미쳤다… My grasp of the language is mediocre at…

“When it comes to innovation Korea is a global leader” – Mark Zuckerburg The above statement comes from a speech Mark Zuckerberg, Facebook CEO delivered recently, and demonstrates a changing tide of thought about Korea. No more the ‘Land of Morning calm’ it once was, Korea is emerging emboldened onto the world stage, ready to prove itself, no matter what. My recent article described Korea’s top accelerators and their efforts in providing…

Recently Job Planet and Fortune Korea co-hosted ‘Korea’s Top 50 Working Environments’ at the Grand Hyatt Hotel in Seoul. A studyvwas conducted of both large scale companies as well as small & medium sized enterprises, including the startups. From April to November a short list of 792 was chosen from a total of 140,000. After final assessment, 50 companies were awarded on the night. The criteria to select the most satisfying work…

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…

K Cube Ventures recently announced a $700,000 investment into mobile game developer ‘A-33 Studio.’ With this investment A-33 Studio will focus on ramping up their mobile FPS game production and aim to be ready to release their first title by end of next year. The title is named ‘Project S’ for now, and is an ambitious plan to maximize online mobile FPS game experience by integrating a fully optimized user interface along…

As reported by Business Korea, the  Korean government recently announced that it plans to relax regulations on new innovation-driven industries, including as financial technology (fintech) and the Internet of Things (IoT). This is a positive regulatory signal for local startups in these industries that have struggled against regulation. It also bodes well for the new startup accelerator in Seongdo, that will run its first hardware / IoT / Smart home program in 2015. At…

Based in Seoul, Chinese language education company CHINADA have secured $1 million USD from Soft Bank Ventures and Coolidge Corner Investment. Their digital educational program ‘Chinatan’ is unlike other typical systems that focus on grammar and reading. Instead it is aimed towards improving conversational skills. It simulates real life situations, such as markets, restaurants, university campus, hotels, etc. This allows students to experience day to day situations experienced by locals. To build…

  “The Core of Mobile Advertising is Demand Estimation” Tapjoy, the company that recently acquired 5Rocks talked with a beSUCCESS editor about their first jointly produced product. In August this year mobile game analytics company 5Rocks from Korea was acquired by USA-based mobile advertisement platform Tapjoy. With 14 overseas branches and 600 million users per month Tapjoy is the world’s largest mobile advertisement company. Complimenting this portfolio, ‘5Rocks’ is an exemplary mobile…

“The upcoming two years will be a defining point for the Korean startup ecosystem” KJ Byeon, KStartup Started as a pilot program in 2012, Kstartup officially launched in January 2013 and is now regarded as the biggest acceleration / incubation program in Korea. Supported by both Korean and American corporations (including Google, Banks Foundation for Young Entrepreneurs, and SK Planet), it focuses on early stage startups that aim to build global companies. Founders are…

Another promising initiative is Digital Entertainment Ventures (DEV). Launched in New York in 2012, DEV focuses mainly on media, entertainment and platform businesses, and only recently expanded to Korea. According to Kaine Kim the Co-CEO of DEV Korea, Seoul seemed to be the most suitable place for setting up a new office within the Asian market. This is in part due to the growing support of the Korean government, and the President’s…

“What separates us from other accelerators in Korea is the fact that we focus on global startups. You might say that everyone wants to go global, but startups in Korea are very focused locally.”                                                                                                                             Eugene Kim, SparkLabs Founded in December 2012, SparkLabs provides a small investment, mentoring and workspace in exchange for an equity stake in a company. The equity investment is equal to $25K and the equity stake…

As Seoul establishes itself as one of the key hotspots in Asia for startups and entrepreneurs, a large number of events aimed at entrepreneurs are springing up to support this growth. Here is a calendar of events for startups and entrepreneurs in Seoul, from November 20th to November 27th. Check in soon for the next instalment. We are also happy to add your startup-focused event to our calendar. If you’d like us…

Asia Beat 2014 is a 2-day event held in Taipei, Taiwan. Primarily it is a VC networking and Asian startup event  funded by startup related government institutions in Taiwan, as well as media and business consortiums from Japan, China, Korea, and Singapore. Get Tickets For AsiaBeat 2014 here. Korea will be represented by ten startups at the event. They are: Bridge Mobile will be represented by Jung-woo Choi, the winning team from…

“We are trying to come up with a realistic solution to help startups to relocate overseas. We are going to completely reimagine what people have done so far. We are going to determine what startups truly need.”                                                                                                                           Steven Baek, FuturePlay Founded in early 2014, FuturePlay focuses on funding early-stage tech startups. The company believes that in order to understand the market properly and have a solid basis, a…