investment
A Prescription for Pantech
2014년 03월 25일

  Pantech is saved from bankruptcy again and is instituting the second debt workout plan in the past 8 years. Pantech is the #3 Korean mobile phone manufacturer. The loss of Pantech in the Korean market would have been a loss in critical competition. What it needs? It needs creativity and innovation and a better financial manager. As a current Pantech phone user, it is actually a good quality phone. The problem…

Bolstered By Private & Public Investment, Qaster A ‘Smart’ Social Q&A Service From Korea Mines Twitter
  ·  2014년 03월 25일

WIV Labs, a data & social analytics startup which received almost $1M early stage investment from K-Cube Ventures and SMBA (Korean Government), today announced the beta launch of its social Q&A service Qaster (qaster.com). Qaster is the first and only service to archive questions and answers from the 500 million messages generated on Twitter daily. The company aggregates this data and allows users to search through its website. Qaster makes useful Q&As…

Google Lends Its Name To Korean Mobile Start-ups To Avoid Costly ‘Kakao Tax’(UPDATE: Not True)
2014년 03월 04일

A Google spokesperson has reached out to TechInAsia who also posted this news, and pointed out that “it hasn’t done or offered any of the things described in this post.” References  were initially sourced from ZDnet Korea (http://www.zdnet.co.kr/news/news_view.asp?artice_id=20140219145110). They have since taken down the articles used as reference for this article. We apologize for the inaccuracy of this post. Korea has long been a brand-obsessed shopping nation. Now Google aims to assist up-and-coming app…

Last Chance to Apply for JFDI’s Current Session, Asia’s Top Accelerator in Singapore
2014년 02월 20일

The application period for JFDI’s next session is open, but only for a few short days, before decisions are made about which founders will join the program this time around. Apply here now. In the past year JFDI has worked with 19 teams from all over Asia and as program Director, Ray Wu, looked back on his experience leading entrepreneurs he realized the importance of what JFDI is doing to build the startup community in…

Japanese Investor DeNA Makes Strategic Investment in Korea’s Top App For Couples
2014년 02월 10일

On December 20th we announced that Korea’s top social networking service for couples had launched V2.0 of their service. This followed with news from Japan on February 4th that the App had hit the number one spot in the social category. And Now a third momentous announcement within two months: Between has now added Japan’s DeNa as a strategic investor to build on recent success and the current trend towards ‘platforms’ that…

South Korea: An Emerging Global Hub For Tech Startups
2014년 02월 07일

According to a recent article on Forbes, and indeed my own insight from having worked very closely with Korean startups over the years,  “A new start-up powerhouse is on the horizon – South Korea”. While the US, Israel, and Europe have long led global innovation in the tech industry there is excitement in the startup ecosystem in Korea, with a number of highly notable stories emerging. What is also encouraging is that where…

Another Korean Bitcoin Startup, CoinPlug, Raises $400k from US Investors
2014년 02월 01일

Korean startup Coinplug has closed an investment round paid partly in bitcoin. This news comes shortly after another Korean Bitcoin startup, Korbit, also raises $400k from a dream team of Silicon Valley investors, as reported by beSUCCESS here. Coinplug raised $400,000 from Cupertino-based fund SilverBlue, with half the amount raised in bitcoin and the rest in fiat currency. The startup plans to launch a digital currency exchange, wallet and merchant platform in Korea in mid-December….

With $1.5 Million Investment, Korean Startup Smile Mom Launches Mobile Community For Moms
2014년 01월 27일

Originally posted on TechCrunch Moms feeling guilty about baby-spamming Facebook with their child’s photos and their every precious moment now have a more private alternative for those updates, thanks to a new mobile social network called Smile Mom. The app, which is designed to connect moms with others nearby, has already grown to 14,000 users during its beta testing phase. The founders behind the new app are formerly of Paprika Lab, a…

Korean Bitcoin Startup Korbit Gets $400k in Funding from Dream Team of Silicon Valley Investors
2014년 01월 20일

It has never happened before that a Korean startup has been able to secure early stage funding ($400k in this case) from such a high profile Silicon Valley investor line-up. The news that Korbit has achieved this momentous step heralds the start of a year that has already been billed as having the best potential ever, for Korean startups. While the value of the investment may seem small by Silicon Valley standards,…

Learn About Silicon Valley VC’s Investing in Korea/Asia At beGLOBAL, Sep 13 Palo Alto
2013년 08월 26일

  Who better to discuss current & future investment opportunities in Asia than three venture capitalists based in The US, with Korean roots? Eric Kim, Tae HeaNahm and Han Kim all have extensive knowledge about investing in Asia/Korea and have many success stories resulting from their combined portfolios in the region. They will be sharing their insights on a panel discussion at beGLOBAL. Tae HeaNahm is a founding general partner of Storm…

Malang Studio Clinches Second Place At Mobile App Competition In China
2013년 08월 26일

One of the leading app developers in Korea, Malang Studio, won second place at the 2013 National Mobile Application Competition held August 24-25 in Beijing, China. Malang Studio was the only non-Chinese finalist and winner at the event, which was open mainly to local Chinese app developers. Last month we wrote about Malang Studio, creators of the popular alarm app, AlarmMon, and it’s heavy focus on gamification, something that seems to be…

Robotic Pet Care From Korean Startup SinglePet Could Break New Ground For Pet Owners
2013년 08월 16일

Stuck at work doing overtime, and not able to get home to feed your pet? No need to worry, just pick up your smartphone and at the press of a button you’re able to dispense food from SinglePet’s hardware at home. The service even allows pets and their owners to interact through a live video stream direct to a mobile handset, whenever and wherever they are so that you easily can check…

스타트업이 투자를 받은 뒤 3개월 내로 해야 하는 일, 10가지
  ·  2013년 07월 29일

Ascent Ventures Partners에서 십여 년간 클라우드 비즈니스를 전문적으로 분석하고 투자를 담당해온 Matt Fates가 전하는 이야기 축하한다. 당신은 방금 당신의 스타트업의 신선한 자금줄이 되어 줄 투자자로부터 투자받는 데 성공했다. 하지만 당신은 그럴 만한 준비가 되어있는가?새롭게 들어온 자금을 어디에 써야 할지, 팀원들과 어디에 집중해서 회사를 이끌고 가야 하는지에 대해서 투자받은 CEO가 이미 더 잘 알고 있을 것이다.그런 것들을 모두 제외하고, 투자받은 직후 3개월 내로 스타트업이 해야 할 10가지 일을 알려드리고자 한다.    1. 자축하라 호화롭지 않게…

K-Cube Ventures: VC Fund by Kakao Founder Brian Kim and Veteran Investor Jimmy Rim
2013년 07월 10일

Founded in March, 2012, K-Cube Ventures made a big first step by investing in 6 startups within 4 months of its start. What do we need for a growing the Korean startup ecosystem? “This question, which we asked ourselves, created ‘K-Cube Ventures’. There were not many opportunities for the early stage companies in Korea. They needed ‘Money’ and ‘Practical experiences’ from other entrepreneurs who went through same difficulties. That’s how K-Cube Ventures…

Bon Angels Early Stage VC & Veteran Pacemaker
2013년 06월 13일

Bon Angels Early Stage VC & Veteran Pacemaker There is a visionary behind such rapid growth of Korean Startups.  Bon Angles Venture Partners, as a first ever investment company specialized in startups established in 2010, has been engaged in partnering with early stage IT companies and made a great success. What makes Bon Agels different from other investment companies, not to mention about their specialties, is a communication even before the company’s…

Korea’s Startup Scene Still Growing Fast
  ·  2013년 06월 05일

Korea is still seeing some immense growth. According to the Korean Venture Capital Association, venture capital firms in Korea raised $191 million in the first quarter this year, up slightly from $189  million in 2012. Interestingly, there is a general slowdown in the U.S. startup scene – U.S. venture capital firms raised $4.1 billion from 35 funds during the first quarter of this year according to the National Venture Capital Association (this is about a 34%…

Samsung Invests $47.6mil In Pantech? There’s More To It Than You Think…
  ·  2013년 05월 23일

We wrote earlier in the year that Samsung and Pantech will compete in the smartphone and tablet marketplaces in 2013. The decision comes as a surprise and may raise some eyebrows among analysts and investors who say that Pantech doesn’t have much to offer Samsung in terms of technology or software capabilities: it was confirmed today that Samsung invested in $47.6 million in Pantech, the third largest mobile device manufacturer in South…

모바일이여, 소비자의 사생활을 보호하라
  ·  2013년 04월 25일

원문: A wakeup call for the app economy — mobile consumers want privacy 이 글은 앤드류 버드(Andrew Bud)의 기고문입니다. 그 동안 사용자 정보는 모바일 앱 산업의 커다란 성장 동력으로 자리매김해왔다. 사용자들은 어느새 디지털 콘텐츠를 구매하는 대신, 자신의 이름이나 이메일 주소, 브라우저 선호도, 위치정보 같은 개인 정보를 교환하는 경우가 많아지고 있다. 비즈니스 모델 자체는 전혀 문제될 것이 없지만, 이 모델이 장기적으로 유지되기 위해서는 이와 같은 가치 교환의 투명성을 보장할 수 있는 모든 이해관계자의…

Korea Composite Stock Price Index Surges, Foreign Direct Investment Reaches $3.39 Billion – a 45% Increase From 2012
  ·  2013년 04월 12일

The Korea Composite Stock Price Index has also been surging over the past three days as of Thursday morning, moving up 5.80 points to 1941.38. Also, other indexes have shown South Korea is and remains as an attractive business destination, with foreign direct investment reaching $3.39 billion in 2013 Q1. This is a whopping 45% increase from 2012. The president explained her “creative economy” mantra will also apply to foreign businesses who she…

중국인 필수 어플! 두 가지 핵심 키워드는 바로 ‘이것’
2013년 03월 27일

현재 중국에서 어떤 분야가 뜨고 사람들에게 새롭게 조명 받고 있는지에 대한 ‘트렌드’를 알려면 현대사회를 살아가는 사람들과 뗄레야 뗄 수 없는 관계에 놓인 어플리케이션에 집중해야 한다. 13억 인구의 중국, 세계 최대 스마트폰 소비국으로 떠오르는 중국이라는 겉만 보고 중국 시장에 무작정 발을 들여 놓는다면 ‘차이나 드림’의 꿈은 조각조각 날 것이다. 그렇다면 현재 중국 어플리케이션 시장에서 사람들의 관심을 한몸에 받는 분야는 어디일까?