– AI Deep Learning technology that predicts the following week’s global markets – Available in both Korean and English Qarasoft (CEOs Luke Byun and Katie Son) recently…
Author – Sehwan Choi
Flitto’s Language Data Sales Volume Grows 3-Fold within 3 Years
– Flitto solidifies position as top corpus firm, recording a 3-fold increase in sales volume from 2.1 million in 2015 to 6.86 million in 2017 – Most popularly requested…
Watcha, Inc., a company operating WATCHA PLAY, raises additional $12M funding
Watcha, Inc. secures $12 million from Neoplux, AJU IB INVESTMENT, Cognitive Investment, LEO PARTNERS INVESTMENT, MG Investment, Songhyun Investment, Hashed, etc. Frograms, Inc. has changed…
Hyundai Motor and Aurora Partner to Develop Level 4 Autonomous Vehicles by 2021
– Custom-developed Hyundai models to be tested in pilot smart cities – Partnership aims to deploy autonomous vehicles quickly, broadly and safely – Hyundai’s…
Samsung Introduces The New Galaxy Tab A
Samsung Electronics America, Inc. today announced a new addition to the Galaxy tablet portfolio, the Galaxy Tab A (8.0’’), an everyday, versatile tablet designed for the entire…
5 Korean American Venture Capitalists You Should Know
According to the report from PitchBook, a venture capital data tracking firm, the number of U.S.-based investments in Korean companies doubled from 2012 to 2014 and the aggregated…
Top 10 Korean startups of 2017 you don’t want to miss
Over the last 12 months, Korean tech sector continued to mature, with a steady flow of venture capital poured into fintech, real estate tech, healthcare, and travel industries, to name a…
The Emergence of Online Games (Part II)
CLICK HERE TO READ PART I Sehwan Choi I am interested in applying design thinking to the business. I love to code in Central Park on weekends and build something people love to use. You…
The Emergence of Online Games (Part I)
CLICK HERE TO READ PART II Sehwan Choi I am interested in applying design thinking to the business. I love to code in Central Park on weekends and build something people love to use. You…
South Korea’s 10 top-funded startups
It is widely understood that 2016 was not an easy year for startups around the world. With investors looking for a roadmap towards profitability, startups are realizing that raising funds…
Nearly 100% Of Households In South Korea Now Have Internet Access, Thanks To Seniors
South Korea continues its mind-blowing internet penetration as nearly every household in the country is now on the web. That’s apparently thanks to both ends of the age spectrum getting…
10 South Korean Startups Breaking Out In 2017
While the worst was expected for South Korea’s startup scene in 2016, we found that it wasn’t so bad at all, especially for the already strong brands like cosmetics startup Memebox and…
South Korean startup scene feels heat from political scandal
SEOUL — Corruption allegations related to Choi Soon-sil, a long-time confidante of President Park Geun-hye, have raised questions about the future of South Korea’s burgeoning…
Was 2016 The Worst For South Korea’s Startups? Survey Says Nope
2016 was a wild ride in so many ways, and that was no less true for South Korea’s nascent startup scene. Slowing economic conditions, a cut in government funding for local venture capital…
Samsung is launching a $150M fund to invest in emerging tech startups
Today at CES 2017, Samsung announced the Samsung NEXT Fund — a $150 million venture fund targeted at early-stage startups working in emerging tech. Specifically, they will be looking for…
Korean Mobile Carriers to Promote ‘Open Innovation’ with Tech Startups
As South Korean mobile carriers are focusing on developing their new businesses, such as artificial intelligence (AI) and Internet of Thins (IoT), they are accelerating open innovation with…
K-ICT Born2Global Centre to Attract Global Talent for Startups By Offering Visa and Labor…
SEOUL, South Korea, Dec. 23, 2016 /PRNewswire/ — South Korea, which aims to become a hub for ICT startups in Asia as well as on the world stage, has embarked on a mission to find…
Korean investor KTB Network forays into India with an investment in NoBroker.com
KTB Network, a leading Korean VC firm with a presence in Silicon Valley and Shanghai, has led a US$7 million funding round in NoBroker, an online real estate marketplace that connects flat…
Online Korean beauty retailer Memebox raises $60M more to sharpen its focus on the U.S.
Memebox, a Y Combinator startup that sells Korean beauty products in the U.S. and Asia, has raised $60 million. The cash is an extension of the firm’s Series C round which initially…
Korean startup prevents fire with the power of IoT
Internet of Things (IoT) isn’t just about flashy gadgets. Affordable modules, networks, and technology offer innovative and cost-effective new systems in the backend and…