Investment
Carlyle Group Buys $200 Million Worth Shares of Kakao Mobility
The Carlyle Group, a global investment company, would buy 221 billion won (USD 200 million) worth of shares from Kakao...
Merck to Invest 25 Bln Won for OLED Manufacturing Facility in Gyeonggi
Merck, a multinational science and technology company headquartered in Darmstadt, announced on Wednesday that it signed an MOU together with...
Hyundai Mobis Injects $25 Million in AR Head-Up Display Firm Envisics
Hyundai Mobis announced on Wednesday that it made a 29 billion won ($25 million) investment in UK-based augmented reality head-up...
Carousell Attracts $80 million Investment from Naver-led Consortium
A consortium led by South Korean online platform operator Naver Corp., invested 94 billion won (US$80 million) into Singapore-based classified-ads...
Kakao’s Yanadoo Attracts 30 Billion Won, Promotes Listing Next Year
Yanadoo Co., an affiliate of Kakao, announced on Tuesday that it attracted an investment of 30 billion won ($25.2 million)...
Enterprise AI Solutions MakinaRocks Attracts 12 Bln Won in Series A
MakinaRocks, a startup specializing in enterprise AI solutions, announced on Wednesday that it had attracted 12 billion won ($10 million)...
Hyundai, Naver to Take Lead in President Moon’s Korean “New Deal”
South Korea's largest carmaker Hyundai Motor Group and leading internet portal service provider Naver presented their company visions during President...
Chang Jin-won to hold 2nd Re-challenge Startup Enterprise IR and Networking event
The Korea Business Development Institute (Chang Jin-won) announced that it would hold the 2nd Re-Challenge Startup Enterprise IR and Networking...
President Moon Visits SK hynix Plant, Details Material Industry Plan
South Korean President Moon Jae-in on Thursday visited the country's second-largest chipmaker SK hynix's DRAM cluster plant in Icheon, Gyeonggi...
POSCO, Ministry of SMEs Inaugurates Startup Incubator in Seoul
POSCO, in partnership with the Ministry of SMEs and Startups and line with the government-backed “Tech Incubator Program for Startup...
Hyundai Mobis Injects 25 Bln Won into VC Funds for Future Mobility
Hyundai Mobis announced on Thursday that it invested 25 billion won ($20 million) into ACVC Partners and MOTUS Ventures, U.S.-based...
KT to Inject 50 Billion Won for 10 Percent Stake in Hyundai Robotics
KT Corp., a South Korean telecommunications company, announced on Tuesday that it would inject 50 billion won ($41.4 million) to...
Bitsensing Radar Sensor Startup Raises 6.95 Bln Won in Pre-Series A
Bitsensing, a South Korea-based radar technology startup, raised 6.95 billion won ($5.8 million) in a recent Pre-Series A funding round....
SK Telecom Invests 27.6Tln Won in Nanox’s Medical Imaging Technology
SK Telecom said on Friday that it would enter the medical imaging industry after injecting a total of 27.6 trillion...
South Korea to Speed up Commercialization of Urban Air Mobility by 2025
South Korea would pass a special law to commercialize urban air mobility (UAM) transport system ahead of other countries in...
NAVER D2SF Invests in Digital Health and Autonomous Driving Startups
Through its startup accelerator D2SF Startup Factory, Naver Co. invested in two new startups in digital health and autonomous driving....
Samsung to Inject 8.5 Trillion Won in NAND Chip Line at Pyeongtaek Fab
On Monday, Samsung Electronics said it would inject 8.5 trillion won ($7 billion) in its advanced V-NAND flash memory chip...
South Korea’s K-Startup Grand Challenge 2020 Now Accepting Applications until June 25th
South Korea's K-Startup Grand Challenge (KSGC), with support from the Ministry of SMEs and Startups (MSS) and National IT Industry...
Hyundai Mobis to Inject 1 Trillion Won for Future Mobility R&D this Year
Hyundai Mobis, a South Korean car parts maker, announced on Wednesday that it would inject around 1 trillion won ($810...
Samsung to Construct Second EUV Foundry Line in Korea
Samsung Electronics announced on Thursday that it would construct a second EUV foundry production line in South Korea, aiming to...
