A premium adult business education company, Fast Campus (CEO Ji Woong Park, Kang Min Lee) announced to have exceeded $10 million in annual sales on their 4th anniversary. The Fast Campus is…
![[Ref 1] WATCHA PLAY Product](https://www.techforkorea.com/files/wp-content/uploads/2018/04/ref-1-watcha-play-product.png)
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…
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‘Awesome Story’ Releases Algorithm-based Children’s Book
Children’s book startup ‘Awesome Story’ will be releasing a personalized algorithm-based book, “My name has sneaked away…
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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…
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Fast Five gets a $18M USD investment from Atinum Investment and TimeFolio Asset Management
Announced on February 19th, Fast Five, a workspace-sharing startup, has received total investment of 20 billion Won (~20M USD)…
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Take Your Music Lesson from ‘Clesson’
Music Edutech Inc. ‘Clesson’ (CEO: Hyung-soon Choi, Hyung-jun Kim) launched its lesson-matching service for college prep students, especially for those studying applied music. Clesson…
YouTube, Most Used App in Korea
During September, Android users spent a total of 2.97 billion hours on their smartphones. This is equivalent to 37.12 million Android users spending 2 hours and 40 minutes on their…
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…
Offline channel as a growth strategy for travel industry
In August, ‘Waug Travel,’ a Seoul-based travel activity booking platform, announced its $2.5M series-B funding from ‘Global Tax Free (GTF)’, a global tax refund company. It is worth…
SK Planet Comes in First Place for Mobile App User Analysis
On October 25th, app analytics company Wise App, released the number of monthly unique users in the retail app industry for the month of September. SK Planet was the number one company…
SK Telecom Launches “T-Tech Campus”
On October 26th, SK Telecom (CEO Jeong Ho Park) launched “T-Tech Campus,” a program to easily introduce the blueprint of the 4th Industrial Revolution and ICT (Information and…
KT Connects 5G Network, Terminal and Service, the World’s First to Link All Three
KT (Chairman Hwang Chang-kyu) announced on the 27th that it succeeded in linking 5G terminal of Samsung Electronics in compliance with ‘5G standard of Pyeongchang’ to KT’s…
[Interview] How a Korean Startup Revolutionized Silicon Valley’s HR System
If you are in the B2B sector, you may want to keep an eye on this startup. This startup, purely for fun, participated in a hackathon where they were able to naturally network with corporate…
Handmade Market Application ‘idUS’ Signed MOU with IGIS Asset Management
Backpackr (CEO Dong-Hwan Kim), a company that operates Korea’s largest crafts and handmade food market application idUS, signed MoU(Memorandum of Understanding) with IGIS Asset…
Makerhub: Manufacturing Outsourcing Platform for Hardware Startups
For hardware and IoT (Internet of Things) startups, finding a good manufacturer is everything. Even with a good business idea, about 50% of hardware startups fail during prototype…
Kakao Announces $3.5M Investment in KCD
Kakao Corp (CEO: Ji-hoon Rim) announced Wednesday that it has funneled over $3.5 million into finance technology firm Korea Credit Data. KCD runs a mobile accounting service…
SOSLAB, Chosen As The “First Penguin” Corporation From KODIT
SOSLAB, a manufacturer of LiDAR (Light Detection and Ranging), key sensor technology of self-driving cars, was chosen as the “first penguin” corporation and will receive 1…
Republiq to Offer Free Beta VR Tour Service Until the End of the Year
Office real estate company Republiq revealed that it will offer free beta VR tour service until the end of this year. One may realize the importance of “legwork” when looking for a new…
Money Brain Wins “K-Global Startup Competition”
An interactive artificial intelligence company, Money Brain won the grand prize at the “K-Global Startup Competition” hosted by the National IT Industry Promotion Agency (NIPA) of the…
Korea Virtual Reality Release “Kovi House” Windows Version
The professional industrial VR (Virtual Reality) development company, Korea Virtual Reality Inc. (CEO Ho Hyun Jang) announced their release of Kovi House Windows PC version on October 25th…
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…
Soft Bank Ventures Invests in Brave Company
Soft Bank Ventures (CEO Gyu Hak Moon) announced their investment of $2 billion in the Edutech startup company, Brave Company. (CEO Seung Yoon Yang) This investment is a follow-up investment…
Bob Games Attracts $4 million of Investments
Mobile casino game company, Bob Games (CEO Hyun Soo Kim) has attracted $4 million from Neptune, K Cube Ventures and KClavis. Neptune and K Cube Ventures invested $2 million and $1 million…
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…