ALL TECH KOREA

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Alicorn Accelerates Expansion into Japan with Tokyo Government Support

Alicorn, a smart space operations solutions company leveraging AI and IoT technologies, has taken a significant step toward entering the Japanese market. On November 6, ...

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MSS Successfully Hosts ‘K-Innovation Day in Singapore,’ Establishes $270 Million Global Fund

The Ministry of SMEs and Startups (MSS), announced the successful conclusion of ‘K-Innovation Day in Singapore,’ held on August 26th at the Conrad Singapore Orchard ...

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MSS announced its plan to create a Korean version of Station F

The Ministry of SMEs and Startups (MSS) announced on Thursday, July 25th, that two locations have been selected for establishing the Korean version of Station ...

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MSS to establish a new global fund of KRW 1.2 Trillion

The Ministry of SMEs and Startups (MSS) announced the results of the selection of fund management companies to manage the global fund in 2024. This ...

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South Korea and Vietnam opened a new chapter in their bilateral cooperation

On Tuesday, July 2, the Ministry of SMEs and Startups (MSS) signed two memorandums of understanding with the Vietnamese government at the Seoul Government Complex. ...

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MSS has chosen 50 baby unicorns and 15 preliminary unicorns that will grow into global unicorn companies

The Ministry of SMEs and Startups (MSS) announced on Thursday, June 27, that it has selected 50 baby unicorns and 15 preliminary unicorns with high ...

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Alicorn Unveils ‘SpoAny Smart’: Korea’s First AI-Operated Fitness Center

The first branch of “SpoAny Smart,” equipped with Alicorn SpaceAI, an autonomous space management AI service provided by Alicorn (CEO Minhee Cho), opened on June ...

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Research Deeply, Understand Deeply, Strategic Considerations for Korean Startups in the Global Marketplace

According to ‘The Global Startup Ecosystem Index Report 2024′ published by StartupBlink, South Korea ranked 20th out of 100 countries worldwide. Seoul was also ranked ...

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Wrtn Technologies Raises $18 million in Pre-Series B Funding

Wrtn Technologies (hereafter Wrtn), an artificial intelligence (AI) service platform company, has raised $18 million (KRW 2.5 billion) in a pre-Series B round from global ...

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Twelve Labs raises $50 million Series A funding – ‘to accelerate scale of enterprise business’.

Twelve Labs, an AI development giant, has raised a Series A round of funding worth approximately $50 million. Since its founding in 2021, Twelve Labs ...

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The 2024 Korea-Africa Youth Startup Forum took place to exchange policies and information between Korean and African startups

The ‘2024 Korea-Africa Youth Startup Forum’ took place on Wednesday, June 5, in Seoul as part of the Korea-Africa Summit. The forum aimed to facilitate ...

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GOPIZZA Secures $10 Million Investment from Thailand’s Leading Conglomerate CP Group

Food technology company GOPIZZA has secured a $10 million (KRW 13.6 billion) investment from CP ALL, the core distribution arm of Thailand’s CP Group. This ...

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I dream of becoming an icon of Korean esports,’ says Joon-hyung Choi, CEO of NIGHT SHIFT

Esports was born in the late 1990s with the popularity of StarCraft and PC cafes, but initially failed to develop into an industry. Today, however, ...

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New venture investment amounted to KRW 1.9 trillion, and the VC funds were created worth KRW 2.4 trillion in Q1 2024

The Ministry of SMEs and Startups (MSS) announced a report on the ‘diagnosis of the current situation of venture investment and countermeasures.’ The report includes ...

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Realizing the vision of “Startup Korea” in Japan – Korea-Japan Startup Investment Summit was held in Tokyo

The Ministry of SMEs and Startups (MSS, Minister OH Youngju) hosted the Korea-Japan Startup Investment Summit 2024 on Friday, May 10, at Toranomon Hills Mori ...

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Startup Korea Fund, a new venture capital investment platform centered on the private sector, has been launched

The Ministry of SMEs and Startups (MSS) held a launching ceremony for the Startup Korea Fund in Seoul on Wednesday, April 24, with participating investors. ...

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Making a Real Change: A Support Consultative Body with overseas missions for SMEs and startups was launched

South Korea’s overseas diplomatic missions are becoming the centerpiece of civil and economic diplomacy to support SMEs and startups. The Ministry of SMEs and Startups ...

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South Korean Minister of SMEs and Startups met with the Hai Phong Party Committee Secretary of Vietnam to discuss ways to strengthen cooperation in the areas of SMEs and startups, etc.

Minister OH Youngju of SMEs and Startups held a bilateral meeting with Mr. Le Tien Chau, Secretary of the Hai Phong Party Committee of Vietnam, ...

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Channel Corporation, which claims to be ‘Customer Driven’, is now expanding beyond Korea and Japan into the North American market!

Channel Corporation(채널코퍼레이션), the operator of Channel Talk, an all-in-one AI messenger, held the ChannelCon 2024 conference at the Grand InterContinental Seoul Parnas GRAND BALLROOM, Gangnam, ...

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Kurly reports $1.6 billion in sales last year, its biggest ever… and cuts losses by 40%

Retail technology company Kurly(컬리) posted record sales of $ 1.54 billion (KRW 2.0774 trillion) last year, the largest in its history. Its annual loss was ...

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Coupang Eats Has 6.49 Million Users… Surpassing Yogiyo as the Second Largest Delivery App User

According to a survey of Korean smartphone users (Android+iOS), the Coupang Eats app had 6.49 million users in March 2024, surpassing the 5.98 million users ...

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461 Domestic Accelerators… Cumulative Investment of $2.07B (KRW 2.8 T)

The Korea Accelerator Association(한국액셀러레이터협회) has released the 2023 Korea Accelerator Annual Report, which analyses the current status and outlook of the domestic accelerator industry. Based ...

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Content Community ‘Kinolights’ Raises $1.5M in Series A Funding

Content community Kinolights(키노라이츠) has raised $1.5 million (KRW 2 billion) in Series A funding. This brings Kinolights’ cumulative funding to approximately $3.7 million (KRW 5 ...

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Medtech Startup INTEGRATION Raises $17M in Series C Funding

Medtech startup INTEGRATION(인티그레이션) has raised $17.1 million (KRW 23.1 billion) in Series C funding. This is the largest funding round in the healthcare community-based startup ...

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