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Since its first electronic inter-bank transaction in 2001, South Korea has observed a fast-paced financial technology evolution, coupled with high mobile and internet penetration and the latest dereg...
South Korean startup accelerator MashUp Angels announced on Nov. 12 that it has decided to fund deep learning-based tech startup Lion Rocket. “We expect Lion Rocket to become a top company in the do...
Food tech startup hopes to raise awareness of food waste in Korea More than 820 million people still suffer from hunger due to food shortages, according to a recent United Nations report. However, d...
South Korea’s nonprofit organization Startup Alliance said on Nov. 11 it plans to co-host a three-day training program with Berkeley Center for Law and Business at University of California in Decembe...
Singapore-based financial technology startup M-Daq said Nov. 11 that it had raised an undisclosed pre-series D round from multiple investors, including Samsung Venture Investment, to expand its cross...
“The most challenging part of getting something out of startup ecosystems is getting into one, and that is 100 percent dependent on you,” said Antti Hammainen from Finland, who gave a keynote speech ...
SOSV, a global accelerator venture capital, hopes to seek promising Korean startups for its upcoming new batch, the company’s analysts said at an event hosted by Korea Institute of Startups and Entre...
Taxi ride-sharing app Banban taxi operator Kornatus said on Nov. 8 that it aims to reach 100,000 users by the end of this year. “By offering better services and adding value, we are aiming to increa...
Furiosa AI, a 3-year-old startup that develops artificial intelligence chips, has secured 8 billion won ($6.9 million) in investments from Naver and DSC Investment, Naver said in a statement on Nov. ...
Lotte Group’s startup accelerator arm Lotte Accelerator announced on Nov. 7 that it has hosted a demo day event for its first batch startups of L-Camp Busan. The Korean company aims to support the s...
SpaceAdd, a South Korean startup dedicated to digital out-of-home advertising technology, has raised 2 billion won ($1.72 million) funding from Silicon Valley-based early-stage venture investor Altos...
The Ministry of SMEs and Startups on Nov. 6 rolled out plans to host a two-day tech event later in November in its move to jumpstart a paradigm shift from the state-led coordination model in order to...
Kryptos Biotechnologies, a Silicon Valley-based startup developing a diagnostics platform for cancer at a single-cell level, has snapped up $2.7 million in pre-series A round funding. The funding ca...
South Korea’s parliament on Oct. 31 passed a new law that is expected to brush off legal gray areas for peer-to-peer lenders here once it goes into effect. The separate bill, loosely translated as “...
Caris Kukbo , a Seoul-based logistics transportation firm trading on South Korea’s main bourse Kospi, said Oct. 31 it has bought a 21.05 percent stake in airport pickup and chauffeur service startup...
E-commerce giant launches video streaming service Coupang Play
Vice minister warns against market overheating during crisis management
Posco International invests in local laser cutting application firm
SK sets up hydrogen business group
Naver Cloud, GS Global join hands for overseas market
S. Korea invests $9.8m in World Bank green trust fund
Korean Air to sell Incheon yacht marina
Apple to make harder push in Korea with 2nd Apple Store