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The Korea Herald

Startups & Investors

March 27, 2018
Naver, Mirae Asset create W200b fund to invest in Asian startups

[THE INVESTOR] Naver and Mirae Asset said on March 27 they are creating a 200 billion won (US$187 million) fund to invest in promising Asian startups with plans to raise the amount up to 1 trillion...
March 26, 2018
Kakao, Naver invest W1.5b in smart home startup Brunt

[THE INVESTOR] Korean smart home startup Brunt on March 26 said it has received 1.5 billion won (US$1.39 million) in seed investment from Naver and Kakao Ventures, venture capital arm of the messeng...
March 25, 2018
[INTERVIEW] QARASoft eyes overseas launch with robo adviser

[THE INVESTOR] Regulatory hurdles were high for local financial technology venture firm QARASoft, as its investment platform, the first of its kind in South Korea, was suspended shortly after its la...
March 23, 2018
Yozma Korea invests W2b in biotech firm BiSiChem

[THE INVESTOR] Israeli venture capital giant Yozma Group said on March 23 it has invested 2 billion won (US$1.85 million) in local cancer treatment developer BiSiChem -- the first investment under i...
March 23, 2018
IMM Investment eyes burgeoning biotech industry

[THE INVESTOR] Korea’s IMM Investment, which had a hit with Celltrion, said it will continue to bolster investments in the biotech industry. “I see the biotech industry as a very competitive market...
March 23, 2018
[INTERVIEW] Blockchain startup EsportsChain aims to shake up esports ecosystem

[THE INVESTOR] Singaporean blockchain startup EsportsChain is gearing up for its planned token sale next week with aims to launch its blockchain-powered solutions that it believes will shake up the ...
March 21, 2018
Japan’s largest crowdfunding service Campfire to debut in Korea

[THE INVESTOR] Japan’s largest crowdfunding operator Campfire on March 21 said it will make its Korean debut, allowing local startups to raise funds in Japan via its website. Dubbed Japan’s “Kickst...
March 20, 2018
SoftBank Ventures leads US$10m investment in twoXAR

[THE INVESTOR] SoftBank Ventures Korea, the venture capital arm of the Japanese tech giant, said on March 20 that it has led a US$10 million Series A funding in US biopharmaceutical startup twoXAR. ...
March 19, 2018
WeWork launches award competition for creators in Seoul

[THE INVESTOR] The local unit of WeWork, a US-based provider of shared workspace, said on March 19 it has started accepting award entries for people or businesses with innovative ideas in Korea that...
March 16, 2018
[MONEY 20/20] China’s CreditEase to focus on hi-tech wealth management services

[THE INVESTOR] SINGAPORE -- China has gone from being a cash-dominant society to a global fintech powerhouse in a span of just 10 years. At the center of this development is CreditEase Holdings, a 1...
March 16, 2018
[MONEY 20/20] Korea’s SSenStone unveils one-time credit card number tech for ultimate security

[THE INVESTOR] SINGAPORE -- Korean digital security startup SSenStone on March 14 launched a brand new way for safer online credit card use -- a one-time credit card number that changes every time a...
March 15, 2018
[MONEY20/20] Korean blockchain startup Blocko going global

[THE INVESTOR] SINGAPORE -- Korea’s leading blockchain startup Blocko is seeking a bigger presence in global markets, opening two branches in Hong Kong and London this year, according to founder an...
March 15, 2018
[MONEY20/20] Experts suggest more regulatory sandboxes for cryptocurrencies, blockchain

[THE INVESTOR] SINGAPORE -- More regulatory sandboxes for blockchain are needed as authorities are out to improve the industry overhead, according to experts from both public and private sectors at ...
March 15, 2018
[MONEY20/20] JB Financial makes SE Asia push with open banking platform Obank

[THE INVESTOR] JB Financial Group’s new open banking platform Obank made its global debut on March 13 at the Money20/20 Asia , the latest edition of the world’s largest fintech trade show being h...
March 14, 2018
[MONEY20/20] Open banking eases regulatory hurdles in fintech

[THE INVESTOR] SINGAPORE -- Small banks, not to mention early-stage startups, still have limited access to fintech innovation largely due to regulatory hurdles for decades. One of the key topic...

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