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…
Tag – Funding
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…
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…
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…
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…
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…
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…
Neospring Launches ‘Crowdfunding Platform’ Beta Service
‘Neospring’ (CEO, Seok Pyo KIM) announced the launch of its product, ‘Crowdfunding Platform Neospring’, which helps startups connect with crowdfunding investors. The…
Ticket Monster on Accelerated Path for Growth with Impressive New Round of Financing
Various domestic e-commerce companies have successfully secured large-scale investments through 2015, but investments have since slowed with companies failing to show significant growth or…
Mr. Mention Selected as TIPS’ Startup of the Year
Mr. Mention (CEO: Jung Sung Jun), a long-term vacation rental platform, was selected as accelerator investment-driven Tech Incubator Program for Startups (TIPS) startup of the year. The…
Korea 2016 Venture Capital Fund and Investment a Record High
On January 20th, the Small and Medium Business Administration in South Korea presented a report: “Arrangement of New Venture Fund and Venture Investment Trend in 2016.” According to the…
Streaming Curation Service MFlare Secures Funding from InfoBank Corp.
MFlare, a children’s picture book based curation service, has secured an undisclosed amount of funding from InfoBank Corp. MFlare’s “IWING” service allows users to narrate over…
Yello Mobile, South Korea’s Second Biggest Startup, Gets Another Investor At Its Steady But…
South Korean startup unicorn Yello Mobile has brought another investor into its lineup, with global investment company Macquarie Capital adding $10 million in convertible bonds to the pool…