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Startups & Investors

December 12, 2019
WeWork Labs announces achievements in South Korea in 2019

After its entry into the South Korean startup sector in 2016, coworking space giant WeWork changed the startup scene dramatically -- more local startups began to collaborate actively with each other ...
December 12, 2019
[INTERVIEW] Startup Vuno eyes IPO as AI-powered diagnostic software ups presence

Five years since being founded, Seoul-based health care startup Vuno is now betting big on an initial public offering. The loss-making company is pinning its hopes on a turnaround, as it has managed...
December 10, 2019
Techstars Korea to accept applications for 1st batch through March 2020

Global startup accelerator Techstars said it would accept applications for its first South Korea-focused accelerator program through March 1, 2020 to tap into the tech-savvy nation’s large pool of ta...
December 06, 2019
WeWork sets monthly record of new location openings in December

Co-working space giant WeWork said Dec. 6 that it had launched 52 locations in cities around the world in December, a monthly record. It plans to open more offices before the end of this year. In th...
December 06, 2019
Anti-Tada bill passed at pariliamentary committee

A National Assembly committee on Dec. 6 passed a revision bill that would effectively stop operations of the van-hailing service Tada, which has been facing a fierce opposition from the taxi industry...
December 03, 2019
Sparkplus receives W30b in series B funding

Office space sharing firm Sparkplus said on Dec.3 it has recently closed a 30 billion won ($25.3 million) round of series B funding. With the new investment, the office-sharing firm has raised 60 bi...
December 02, 2019
SK China, Hillhouse Capital to form W1tr fund

SK Group’s Chinese unit is setting up a 1 trillion won ($848 million) worth fund with Hillhouse Capital, according to a local media outlet. SK China, which was founded in 2000 to oversee the group’s...
December 01, 2019
Experts share experience of reviving a city via social innovation

Social innovators from South Korea, the Netherlands and Taiwan emphasized citizens’ participation to achieve successful social innovation during a gathering of social innovators that took place Nov. ...
November 29, 2019
Sinn2019 brings social innovators to Chuncheon

CHUNCHEON, Gangwon Province -- About half of South Korea’s 51 million people live in Seoul and the surrounding area. What that means is that smaller cities often find themselves taking a backseat for...
November 29, 2019
Baby Shark’s global success at K-Startup Week ComeUp 2019

SmartStudy CFO Lee Seung-gyu on Nov. 29 shared some secrets behind the company’s animated characters like Baby Shark at K-Startup Week ComeUp 2019. During the event, Lee emphasized that localized co...
November 28, 2019
[ASEAN-Korea Summit] Coinplug showcases DID solutions at ASEAN-ROK Summit

Blockchain firm Coinplug said on Nov. 28 that it showcased decentralized identity, or DID, solutions, during the ASEAN-Republic of Korea Commemorative Summit in Busan. Participating in an exhibition...
November 28, 2019
D.Day heats up Busan with six startups with potential

This week puts South Korea’s second-largest city Busan on the spotlight as the leaders of the 10 ASEAN countries gather for important meetings. The city not only welcomed the politicians but also ent...
November 27, 2019
[ASEAN-Korea Summit] Qraved aims to take Indonesian mobile marketing sector up a notch

BUSAN -- Indonesia, which was behind other developed nations in terms of internet penetration in the PC era, is now one of the most connected nations thanks to the increasing adoption of smartphones....
November 27, 2019
[ASEAN-Korea Summit] ‘It all comes down to people,’ three accelerators say

BUSAN -- During a panel discussion at the Startup Expo in Busan, three accelerators with distinctive characteristics shared a crucial factor in selecting startups to support -- people. The event too...
November 27, 2019
[ASEAN-Korea Summit] Southeast Asian startups emphasize importance of foreign talent

Southeast Asia-based startups emphasized the importance of being open to foreign talent during the Unicorn & Startup Talk Concert, held Nov. 26 on the sidelines of the ASEAN-Republic of Korea Commemo...

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