Tag: Investment

October 16, 2020

South Korean car-sharing and ride-hailing startup SoCar announced on Friday that it attracted a new 60 billion won ($52.5 million) ...

Hyundai Mobis invests 29 billion won ($25 million) investment in UK-based augmented reality head-up display (AR HUD) company Envisics.

Hyundai Mobis Injects $25 Million in AR Head-Up Display Firm Envisics

October 7, 2020

Hyundai Mobis announced on Wednesday that it made a 29 billion won ($25 million) investment in UK-based augmented reality head-up ...

Carousell steps closer to unicorn status after raising $80 million from consoritum led by Naver.

Carousell Attracts $80 million Investment from Naver-led Consortium

September 16, 2020

A consortium led by South Korean online platform operator Naver Corp., invested 94 billion won (US$80 million) into Singapore-based classified-ads ...

MakinaRocks, a enterprise AI solutions startup, announced that it had attracted 12 billion won ($10 million) in a recent Series A investment round.

Enterprise AI Solutions MakinaRocks Attracts 12 Bln Won in Series A

July 22, 2020

MakinaRocks, a startup specializing in enterprise AI solutions, announced on Wednesday that it had attracted 12 billion won ($10 million) ...

South Korea's President Moon Jae-visits SK hynix's hydrogen fluoride manufacturing facility in Icheon, Gyeonggi Province. / photo credit to Yonhap

President Moon Visits SK hynix Plant, Details Material Industry Plan

July 10, 2020

South Korean President Moon Jae-in on Thursday visited the country's second-largest chipmaker SK hynix's DRAM cluster plant in Icheon, Gyeonggi ...

Hyundai Mobis invests 25 billion won into ACVC Partners and MOTUS Ventures to diversify its future mobility technologies business.

Hyundai Mobis Injects 25 Bln Won into VC Funds for Future Mobility

July 2, 2020

Hyundai Mobis announced on Thursday that it invested 25 billion won ($20 million) into ACVC Partners and MOTUS Ventures, U.S.-based ...

KT Corp. announced that it would inject 50 billion won ($41.4 million) to acquire a 10 percent stake into Hyundai Robotics Co

KT to Inject 50 Billion Won for 10 Percent Stake in Hyundai Robotics

June 16, 2020

KT Corp., a South Korean telecommunications company, announced on Tuesday that it would inject 50 billion won ($41.4 million) to ...

Naver D2SF invests in QSTAG and Veuron Technologies.

NAVER D2SF Invests in Digital Health and Autonomous Driving Startups

June 3, 2020

Through its startup accelerator D2SF Startup Factory, Naver Co. invested in two new startups in digital health and autonomous driving. ...

Hyundai Mobis plans to inject around 1 trillion won into R&D for sustainable future mobility programs.

Hyundai Mobis to Inject 1 Trillion Won for Future Mobility R&D this Year

May 28, 2020

Hyundai Mobis, a South Korean car parts maker, announced on Wednesday that it would inject around 1 trillion won ($810 ...

SK Innovation Invests $727 Million to Build Second U.S. EV Battery Plant

April 29, 2020

SK Innovation said on Tuesday that it plans to inject an additional 886 billion won ($727 million) investment to build ...

LG Chem to Inject 65 Bln Won to Increase Carbon Nanotube Production

April 27, 2020

LG Chem said Monday that it would inject 65 billion won ($53 million) to boost its carbon nanotubes production manufacturing ...

SKC Raises 1Tr Won Investment Expanding into Mobility and Chip Biz

March 16, 2020

SKC said on Monday that it raises around 1 trillion won ($815 million) of investment to expand into the mobility ...

S. Korea’s SoCar Secures 51 Bn Won Amid Legal Setbacks

February 6, 2020

SoCar announced on Wednesday that the company secured a total of 51 billion won ($43.1 million) since December from several ...

Proptech Startup Spacewalk Raises 8 Billion Won in Series A Funding

January 20, 2020

Property technology (proptech) startup Spacewalk announced that it raised 8 billion won ($6.85 million) in a recent Series A funding ...

Kia Motors to Inject 29 Trillion Won to its Electric, Purpose-Built Sector

January 14, 2020

According to Kia Motors Corporation's midterm outline called Plan S, the carmaker will invest 29 trillion won ($25 billion) over ...

Hyundai Motor Group to Invest 100 Trillion Won in Future Mobility

January 2, 2020

Update (April 2, 2020): Hyundai Motor Group announced on March 31 that it would establish a mobility innovation center in ...

Samsung Display to Source Galaxy Fold 2 Glass Screen from Dowoo Insys Co.

December 25, 2019

According to industry officials on Monday, South Korean tech giant Samsung Electronics’ subsidiary, Samsung Display Co., invested 13.5 billion won ($11.6 ...

LG Boldly Invests on its VS Division

November 18, 2019