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…
SoftBank’s portfolio favors Seoul over other Asian hubs
Today, CB Insights published its Global Tech Hubs Report, using the CB Insights platform to aggregate data around funding and…
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Chain Partners completes another funding round to accelerate Blockchain company-building
Chain Partners, an enterprise builder focused on building and nurturing blockchain-based companies, has announced that it has…
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Qarasoft Launches KOSHO Beta Service, AI Financial Forecasting Application
– AI Deep Learning technology that predicts the following week’s global markets – Available in both Korean and…
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Kakao forms Kakao G, Blockchain holding company
Kakao is set to establish a holding company focused completely on building and enabling Blockchain services, which Kakao…
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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…
Korea Electric Power Corporation Holds “KEPCO ElecSthon Contest”
KEPCO will host the “1st KEPCO ElecSthon Contest” on November 4-5th at KEPCO headquarters in Naju, Korea. The competition will be held to discover talented individuals with creativity…
Next Floor Invests on Studio 4LEAF
On October 19th, Next Floor (CEO Eun Sun Hwang) announced their strategic investment on a game development company, Studio 4LEAF. (CEO Hyun Soo Kim) Next Floor secured 60% of the total…
Neofect Launches Rapael Comcog, Smart Cognitive Rehabilitation Solutions
Smart Rehabilitation Solution company NeoFect (네오펙트) announced on October 20th that it launched Rapael ComCog, a software program that enables stroke or dementia patients to play…
Jobis & MODUSIGN Announce Partnership
Online tax support service ‘Jobis’ announced Thursday its partnership with electronic contract service ‘MODUSIGN’ for better customer service and work efficiency. Both recognized…
Bithumb, Largest Digital Currency Exchange Releases Mobile App
Bithumb, the no.1 digital currency exchange in trading volume, announced the launch of its mobile platform on October 18th. As the company aims to expand into the global market, Bithumb app…
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…