PRODUCT
Korea launches ‘Startup Campus’ in Pangyo
2016년 03월 26일

South Korea opened its largest startup complex near Seoul on Tuesday as part of its efforts to boost promising local startups and attract foreign companies. The “startup campus” in Pangyo, just south of Seoul, is designed to nurture more than 200 startups, offering workspace and consulting services for capital funding, according to the Ministry of Science, ICT and Future Planning. They include the Yozma Group, an Israel-based global venture capital firm, and TEDCO,…

Mass Challenge is open to Korean startups now
2016년 03월 22일

KOISRA Seed Partners, the first Korea-Israel Seed Fund and Accelerator and Mass Challenge based in Boston with satellites in the UK and Israel, signed on partnership agreement last week in order to develop the Korean-Israel startup eco-system. For the first step of collaboration, KOISRA Seed Partners will help Mass Challenge attract Korean startups to participate in its acceleration program in Israel during July~October 2016. The finalists of the acceleration program will enjoy the global mentoring, office…

경기콘텐츠진흥원 ‘부천 클러스터’ 신규 입주사 모집
2016년 03월 14일

경기콘텐츠진흥원은 콘텐츠 기업 지원 공간 ‘부천 클러스터’의 입주사를 오는 30일 17시까지 모집한다고 14일 밝혔다. 모집 대상은 문화콘텐츠 및 드론, 사물인터넷(IoT), 가상현실(VR), O2O 등 차세대 콘텐츠 관련 법인 및 개인 기업이다. 진흥원은 서류, 발표, 현장방문 실태조사 등 세 단계의 심사를 거쳐 최종 입주 기업을 선정한다고 설명했다. 선정된 기업은 다양한 혜택이 있다. 주변 시세의 1/4 수준의 저렴한 임대료로 최초 2년 최대 5년간 입주할 수 있고, Δ 휘트니스센터 및 샤워실 Δ 도서·영상 정보자료실 Δ 회의실…

Five of Kakao’s Daum Webtoon Titles to Appear on Chinese Screens through Partnership with Huace Group
2016년 03월 14일

Kakao today announced that it partnered with Huace Group, China’s number one comprehensive film and TV media group, to bring five of its popular Daum Webtoon titles to the screens in China. Kakao and Huace group signed deals for four of its webtoons, with one additional title to follow imminently. Daum Webtoon is Kakao’s web comic platform which first introduced the concept and format of ‘webtoons’ in 2003. Since then, it has…

SK Happiness Organization makes $860k Social Impact Investment into Brave Pops
2016년 02월 24일

SK’s Social Impact Investment division, SK Happiness Organization have announced their commitment to make a US$860k (KRW 1b) social impact investment into Brave Pops Company. Brave Pops is an educational software developer which was formed in 2015 by five internet experts from Naver and Ticket Monster. Class 123, a teaching aid software developed by Brave Pops allows teachers to communicate feedback on a student’s attitude and behavior to the student and to…

Cyber Security Predictions for 2015: Were the Experts Right?
  ·  2016년 02월 05일

About this time last year, experts and analysts all placed their official predictions for the cyber threat landscape in 2015. Now that a year has come and gone, it would be interesting to see if these so called analysts were correct. Today, we will review some of the most common web security trends that experts thought would be a major issue in 2015. As a reference, Symantec developed an excellent infographic that…

[나만 알고 싶은 투자자] 글로벌 유니콘 사냥꾼: ‘굿워터캐피탈’의 에릭 김
  ·  2016년 01월 28일

지난 14년 동안 에릭 김은 국제선 항공 마일리지를 상당히 쌓았다. 공식적인 그의 직업은 벤처캐피털 투자자이지만, 에릭은 농담 삼아 이렇게 말했다. “항공사 승객으로 지내기가 올림픽 종목이라면, 저도 출전할 수 있을 것 같습니다. 그동안 비행기를 타고 다니면서 별의별 자세로 자는 법을 배웠거든요.” 그에게 연락하는 날짜가 언제인지에 따라 에릭은 샌프란시스코, 서울, 뉴욕, 상해 또는 밴쿠버에 있을 수 있다. 이 모든 이동과 출장이 정말 그만큼의 효과가 있는지 묻자 그의 대답은 다음과 같았다: “물론 쉽진 않습니다만, 글로벌한…

Naver Q4 profit up 5 % vs year earlier
2016년 01월 28일

South Korean leading search company ‘Naver’ said its Q4 profit rose 5 percent from a year earlier. Net profit came to 141.5 billion won (US$118 million) in that period, compared with the 129.6 billion won a year earlier. Advertisement sales from its mobile search engine platform have been the main revenue streamline for its quarterly performance, accounting for 42 percent of the total advertisement sales. While sales from domestic advertisements moved up 15.2 percent, that…

NHN strengthening mobile advertising business with investment into Mocoplex
2016년 01월 19일

  19 January 2016 – NHN Entertainments have revealed their investment into Mocoplex, a company specializing in mobile advertising platforms. The motive for the investment was to strengthen NHN Entertainment’s capabilities in mobile advertising; a market which is experiencing tremendous growth. Once the investment of US$1.7m (KRW 2b) is finalized, it is likely NHN will proceed towards full acquisition. This investment will combine NHN Investment’s technical capabilities with Mocoplex’s various network capabilities…

Gaming MCN Kongdoo Company receives further investment of $3.1m
2016년 01월 16일

Kongdoo Company, specializing in game MCN has succeeded in attaining a follow up Series B investment of US3.1m (KRW 3.6b) from Stic Investment, K Cube Ventures and Partner Investments. This investment comes within three months of the last investment in October of US1.7m (KRW 2b) investment from K Cube Venture and Partner Investments in October. The combined total recent investments are US$4.3m (KRW 5b). Established in March 2014, Kongdoo company is a…

UI.UX photo managment app Taggle receives investment through Chinaccelerator
2016년 01월 04일

Taggle is a photo management application which integrates hashtags (#), a term which is familiar to Instagram users to create an simple and efficient way to mange photos. The company is among 6 companies with early stage accelerating programs with Silicon Valley’s SOS Ventures.  Taggle through the ‘Chinaccelerator’ program has secured an investment of US$95k (KRW 110m). Taggle makes it easy to organize photos through a their daily reminder function GTD (‘Getting…

Korean guesthouse accommodation startup Jienem receives Angel Club investment
2015년 12월 31일

Jienem, a guesthouse accommodation service specialist and catering for Chinese tourists has received an investment of US$200k (KRW 240m) from Angel Club an Accredited Investor (AI). In August last year, the company also received an early stage investment from specialist China marketing company, ‘On China’. Jienem provides an easy accommodation booking service that allows users to select accommodation in the categories of fashion, glamping, traditional Korean house, lodges, and boutique guest houses….

Interactive Chinese education development startup ‘China Tan’ receives second investment
2015년 12월 31일

China Da the operator of China Tan, a digital Chinese language teaching service has secured investment from Mirae Assets, Softbank Ventures and Coolidge Corner Investment. This investment is the second investment for China Da, which secured an initial investment last year from Nexplat Korea, Lake Investment, Softbank Venture and Coolidge Corner Investment. Within one year of launching, the number of users has increased each month by 20 per cent. In creating their educational content,…

Goldman Sachs invests US$33m into Korean real estate app startup ZigBang
2015년 12월 15일

Goldman Sachs, the global leader in investment banking is joining the list of foreign investors interested in Korean Startup. Goldman Sachs have invested a total of US$33m (KRW 38b) in ZigBang the leading real estate mobile application in Korea with a 70% market dominance. Following their launch in 2010, ZigBang secured a US$23m (KRW 27b) investment lead by Blue Run Ventures. This latest investment from Goldman Sachs will be used to towards…

Korean IoT Startup, Encored secures $10m investment for Energy monitoring IoT from Soros Fund
2015년 12월 13일

Encored Technology has secured a US$10m (KRW 1.17b) investment from QSP which is run by Soros Fund Management. The company is a specialist in Internet of Things (IoT) and big data analysis with a particular focus on technology that assists in energy conservation. Encored Technology will utilize the investments towards developing their market presence in USA and Japan. A key factor for QSP in this investment was Encored Energy’s big data technology…

Korean Government Geeks Bearing Gifts
2015년 12월 10일

Cautious optimism abounds across Korea’s fast-growing startup scene. Following a national policy shift that has recognized the realities and opportunities of the present age, Korean entrepreneurial talent is finally receiving the level of public sector support needed for success. The export-oriented growth formula that helped Korean conglomerates drive economic development for decades following the Korean War is unlikely to continue its impressive historical returns, and the Park administration has sought to replace…

Korean accommodation O2O startup wins investment of $US11m for GoodChoice
2015년 12월 08일

Withweb launched Withinnovation as a separate subsidiary in order to focus on the accommodation business. This strategic move seems to have worked given the company revealed on the 8th December that it had secured an investment of US$11m (KRW 13b) from Korea Investment Partners and Mirae Asset Venture investment. In April last year, Withinnovation began servicing the Korean motels with their O2O platform, GoodChoice (Korean ‘Yeo-Gi-O-Dae’ meaning ‘How is this place?’). In total,…

Nthing a Korean agriculture IoT startup receives investment from Korea Development Bank
2015년 12월 04일

Nthing, a developer of Agriculture IoT (Internet of Things) that connects Plants to People has recently secured investment of US$1.7m (KRW 2b) from KDB Bank (Korea Development Bank). The aim for Nthing seems to be to connect all things ranging from ‘things to things’, ‘things to people’, and ‘people to people’. Their ‘plant to people’ connection solution is named Planty. Planty is a neat pot for plants that is just 170mm high…

K Cube Venture invests into Korean mobile game developer Affinity
2015년 12월 02일

2nd December 2015 – K Cube Ventures, investment specialists in mobile, internet and technology have invested US$690k (KRW 800m) into mobile game developer Affinity. Affinity is the developer of mobile game Historia. The Affinity team were specially brought together by Song In Su, the previous director of Joy City, who sought to bring individuals with success in creating popular games. The key team members have an impressive combined experience in creating popular…

Collaboration tool ‘collabee’ receives investment from Mega Investment and Venture Square
2015년 12월 02일

Collaboration tool startup ‘collabee’ announces that it has received pre-Series A investment led by Mega Investment and joined by Venture Square.  The undisclosed investment was finalised in November, 2015.  This is their second investment after their initial seed investment from Mashup Angels in May. Collabee aims to disrupt the current market that’s come to be so largely populated by messenger (eg., Slack) and task (eg., Asana) based collaboration tools. Collabee utilises the…