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techforkorea

Tech for Korea is an online media portal providing the latest news from the Korean venture and startup community. We are all about the microtrends – all those mind blowing and valuable ideas beginning to sprout on Korean soil.

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Talent Sharing Platform ‘Taling’ Wins D.DAY

Taling (CEO: Yoonhwan Kim) won April D.DAY hosted by D.CAMP (Banks Foundation for Young Entrepreneurs) on April 27th. Taling is a startup that provides online ...

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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 profitability. ...

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Yello Mobile’s Significant Growth In Sales (442.8 billion won in 2016)

On the 14th, Yello Mobile (CEO Sang Hyuk Lee) announced its 2016 sales to be 442.8 billion won. Despite the absence of additional mergers and ...

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K-bank and Kakao Bank Signal the Era of “Banking-Everywhere”

K-bank, Korea’s first internet bank, officially opened on April 3rd with over 20,000 registrations in one day. K-bank allows users to access commercial banking services ...

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DOT, the developer of the first braille smartwatch wins the SLUSH Tokyo 2017 Pitching Contest

A korean startup, DOT, became the final winner of SLUSH Tokyo 2017 Pitching Contest that took place in Tokyo Big Sight (also known as Tokyo ...

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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 ...

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‘Koreans in Silicon Valley 2017’ Shares Insights with Talents in Korea

Korean IT professionals in Silicon Valley have gathered at Naver Corp. Green Factory on March 27th to share their experiences. They participated as speakers at ...

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Naver invests $88 million in YG Entertainment to develop global entertainment content

Naver Corp., (CEO: Seongsook Han) announced that the company will be investing $88 million in YG Entertainment (CEO: MinSeok Yang) to foster the growth of ...

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2016 Korean Startup Investment Trends

Platum published a research report analyzing 2016 annual Korean startups’ investment trends. The report summarizes the monthly investment trends, investments by scale, investments by business ...

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3 Ways How Startups Should Use SNS Marketing

Social marketing or SNS marketing is a channel used by businesses of all sizes, startups, and affiliated marketers. Depending on who and how, the usage ...

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Kakao Establishes its First Social Impact Firm ‘Kakao Makers’

KaKao’s joint order production platform ‘MAKERS With Kakao’ became independent from the mother company as ‘kakao makers’ on March 2nd. MAKERS With Kakao was established ...

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Studio XID, closes $1M USD investment from Line and Evergreen Venture Partners

Studio XID, a developer of ProtoPie, a mobile-app prototyping tool, received a USD 1M funding from Line Plus Corporation and Evergreen Venture Partners. ProtoPie is ...

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Healthcare startup Humanscape acquires seed investment from Mashup Angels

Humanscape (CEO Jang Min Hoo), a healthcare startup providing mobile concierge solutions to beauty care clinics, acquired an undisclosed amount of seed investment from Mashup ...

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Watch out for these Korean Startups at MWC 2017!

The 2017 Mobile World Congress began two days ago. Global tech companies are introducing their newest products and showing off cutting-edge inventions. LG is debuting ...

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Miso Launches a Moving-Out Cleaning Service

On February 27, Miso, a home-cleaning O2O service startup, officially announced the official launch of its moving-out cleaning service starting this March. Established in August ...

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Accelerator Mashupangels Holds Its 6th Mashup Day

On February 16th­, Mashupangels, an early startup angel network and accelerator established in November 2014, hosted its demo day called “Mashup Day,” at Teheranno Startup ...

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Korea x UK: Startups Get Together at Hyundai Card Studio Black

On February 20th, 13 different startups from Korea and the United Kingdom gathered for the KOR-UK startup co-pitching event at Studio Black, Hyundai Card’s co-working ...

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ST Unitas Acquires the Princeton Review

During the press conference at Conrad Hotel in Seoul on the 14th, ST Unitas announced to acquire the Princeton Review. Founded in April, 2010, ST ...

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First Autonomous Driving Test on the Road in Korea by Naver Labs

Naver Labs is initiating its autonomous driving vehicle tests on the road. Naver Labs, which spun off from Naver as an independent corporate entity last ...

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Teheranno Funding Club Holds its Second Weekly Meeting

Startup Alliance held its second Teheranno Funding Club event on February 15th, an event that introduces exemplary Korean venture capital companies. Capstone Partners CEO Song ...

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Startup Alliance Hosts its First “Teheranno Funding Club” Event

Startup Alliance hosted its first “Teheranno Funding Club” event and provided opportunities to introduce exemplary Korean venture capital firms to startup investors on February 1st. ...

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Are Podcasts Replacing Traditional Radio?

Many people perceive podcasts as “internet radio” programs. As demand for audio content increases, podcasts are quickly becoming a preferred digital media alternative to the ...

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VENDYS: When People Rely on You for Lunch

Most Korean companies provide employees with meal vouchers for use in company cafeterias. Vendys is quickly revolutionizing Korea’s corporate meal voucher system by moving paper ...

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Startup Ecosystem Profile – Korea vs. China

“On average, Chinese startups begin with $16,508 USD of seed money, whereas US startups, $17,827 USD and Korean Startups, $27,221 USD.” Global Entrepreneurship Monitor – ...

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