Connected wearable startup Lineable recently raised USD 2M from US-based Semtech. Lineable CEO Seokmin Moon commented: “The new partnership with Semtech will allow us to do business with…
Author – Lisa Hye Na Lee
WASHSWAT Secures $2.8M from Global VCs
Laundry O2O service, WASHSWAT (Co-CEOs: Sangwook Ye, Jina Namgung), recently secured $2.8M in investment from global VCs. The investment was led by Russian-based VC Addventure along with…
BCA Korea Secures $4.2M in Investment
BCA Korea (BCA) recently raised $4.2M in investment from Hyundai Investment Partners. The two companies seek to strengthen the distribution and marketing of foreign cosmetic brands in…
Artwork Rental Platform Open Gallery Secures USD 3.8M in Funding
Open Gallery, an artwork rental service in Korea, recently raised KRW 4B (~USD 3.8M) in investment from KDB Infra IP Capital Fund and IBK Capital. Open Gallery connects rising domestic…
28-Day Fresh Beauty Delivered to Your Door
Subscription skincare brand, Toun28, recently raised Pre-Series A funding (amount undisclosed) from Amorepacific Ventures. and FuturePlay. Toun28 is Amorepacific Ventures’ first…
Dogmate: Finding Your Ideal Pet Sitter
Pet sitter finder Dogmate recently raised $500K from GS Home Shopping, Strong Ventures and Primer. Since its investment from D.CAMP in its earlier days, Dogmate has raised a total of $700K…
BonAngels Invests in Babysitting Platform Mom-Sitter
Early-stage venture capital, BonAngels, recently announced its investment (amount undisclosed) in Mom-Sitter, a shared economy platform that connects parents with caregivers who can babysit…
POOLUS Raises Record Series A Funding in Korea
On October 31st, mobile ride sharing service Poolus raised close to $20M in Series A, the highest domestic Series A funding to date. The investment was led by collaborative fund created by…
Rise of the Co-Shopping Space
Store space-sharing startup, My Shop On Shop, recently raised investment (amount undisclosed) from Seoul Business Agency. My Shop On Shop allows store owners to share space. A business…
Naver Invests $6.62M in Social Creator Platform OGQ
Social creator platform OGQ recently received strategic investment from Naver, Korea’s leading online search portal. OGQ’s Backgrounds HD is a smartphone app providing curated images…
Wave in Blockchain Tech: Coinone Makes Strategic Investment in Sentbe
Coinone (CEO & Founder: Kevin Cha) recently announced its strategic investment in Sentbe (CEO: Sung Wook Choi), a fintech money transfer service. Coinone is a fintech startup that…
Interview: Mental Health Counseling on Your Phone
Kim Dong Hyun had no doubt about starting his own business in his twenties. He sought to create his own service and deliver value to society. Kim’s business idea was to create a…
Contenter Wins D.CAMP’s September D.DAY
SNS video editing app Contenter by IndieCF (CEO Joung Park) won D.CAMP’s September D.DAY competition. D.DAY is a monthly Demo Day hosted by D.CAMP where participating startups are given 5…
K Cube Ventures Invests in Global Fashion Platform Kooding
K Cube Ventures (Co-CEOs SW Yu and Andy Shin) announced on Sept. 13 its investment in Kooding, a leading global shopping platform for Korean fashion. This round of Series A (amount…
GENIVI To Host All Member Meeting in Seoul this October
On October 10-12, the GENIVI Alliance and its global development community will meet to continue its work delivering IVI and connected vehicle software while also exploring in depth an…
MISO Reaches 280,000 Bookings, Cumulating KRW 20 billion in Total Transactions
Miso, Inc., a O2O home cleaning startup, released infographics highlighting its 2-year milestone. According to the infographics, since its launch in August 2015, Miso completed 280,000…
Monster School Launches Smart Arithmetics Training App
Monster School (CEO Byeonghyun So) officially launched Sekkal Sem (“색깔셈”), a math training mobile app for kids, on Google Playstore. Monster School is an education tech company…
DAILYHOTEL Launches Summer Special Promotions for “Smart” Choices
Peak summer month is here and everyone is busy making travel bookings. DAILYHOTEL’s bookings doubled every week since June, and by the second week of July, vacation bookings increased…
3billion Wins 1776 Challenge Cup Seoul
3billion recently won 1776 Challenge Cup Seoul and will represent South Korea at the Global Final at Challenge Festival. 1776 Challenge Cup is a global competition to select the world’s…
Vitamiin: Finding Your Honest Vitamins
Seven AM Co. (㈜세븐에이엠; CEO Kim Sang Yeon) announced the release of its Android app Vitamiin, a consumer health food recommendation and review sharing service. Vitamiin seeks to…