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The Korea Herald

Startups & Investors

February 18, 2021
Woowa Brothers' founder joins super wealthy donation campaign

Kim Bong-jin, the founder and chairman of a local delivery app operator Woowa Brothers, on February 18 joined the bandwagon of South Korea‘s self-made and young rich donating substantial amounts of t...
February 17, 2021
Hyperconnect deal hints at record year for Korean VCs

Korea’s venture capital firms are expected to see another strong year, following a record performance in 2020, amid a rise in the valuations of domestic startups and increased options for an investme...
January 07, 2021
Korean venture capital E& leads merger of clinical stage biotech firms

E& Investment, a South Korean venture capital that specializes in the bio and health care sectors, said Thursday that NeuroBo Pharmaceutical, in which the company owns a 40 percent stake, had acquire...
November 24, 2020
Fintech startup Qarasoft raises $3M in series A funding

QARA Soft, a South Korean fintech startup, said Nov. 24 that it has raised $3 million from Mirae Asset, Naver, Nexon’s NXC and Kinsley Asset Management in its Series A funding round. QARA, founded i...
November 23, 2020
Home interior platform Ohouse raises $70m

Bucketplace, which operates interior decor platform Ohouse , raised $70 million in its Series C funding round, the South Korean startup announced on Nov. 23. With the latest fundraising, the compa...
November 19, 2020
Toss to launch brokerage unit next year, targeting 20s, 30s

South Korea’s leading fintech startup Viva Republica is set to launch a mobile brokerage unit in the first half of next year as it received operational approval from the financial regulator. Named ...
November 16, 2020
Israeli startup aims to end chick culling

Imagine a small, cute chick just hatched. Within a few days, the chick is tossed into a machine that grinds it up. It’s called chick culling – though the chicks are sometimes gassed or suffocated -- ...
November 16, 2020
With community-driven accelerator program, entrepreneur duo seeks global impact startups

The world of venture investments is largely constrained to experts like venture capitalists and entrepreneurs who are well-versed in the industry. But what if the role of finding promising startups w...
November 12, 2020
Startups to compete with promising business ideas at Come Up 2020

The Ministry of SMEs and Startups is set to hold the nation’s largest startup competition, Challenge! K-Startup to select and reward startups with promising business ideas, during the Come Up 2020 pe...
November 12, 2020
Kasa Korea unveils first investment property in Seoul

Kasa Korea, a real estate investment platform operator, on Nov. 12 unveiled the first property to be listed on its platform, offering retail investors relatively easy entry into the property investme...
October 28, 2020
Local fintech startup unveils Korea’s first commercial system to rule out naked short selling

A local startup on Oct. 28 unveiled the nation‘s first commercial securities lending system targeting institutional investors at home and abroad to help them prevent errors that can lead to naked sho...
October 16, 2020
Car sharing startup Socar becomes 12th unicorn in S. Korea

Car sharing firm Socar said on Oct. 16 that it has newly attracted 60 billion won of funding from investors, achieving unicorn status with a corporate value of 1 trillion won ($872.6 million). With...
September 29, 2020
Yanolja preps to go public in 2022

Yanolja, the largest accommodation and leisure activity booking platform operator in South Korea, is taking steps toward an initial public offering, according to news reports Tuesday. The accommodati...
September 28, 2020
Big Hit’s offering price fixed at 135,000 won

The offering price of shares of Big Hit Entertainement, a local agency behind K-pop sensation BTS, was fixed at 135,000 won ($115.04) per share, the top end of its indicative price range, the company...
September 28, 2020
SC Bank Korea partners Toss to launch short-term personal loan

Standard Chartered Bank Korea said on Sept. 28 that it has partnered with Toss -- a financial services app operated by Viva Republica -- to launch a short-term lending program on Wednesday. Under t...

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