KoreaTechDesk | Korean Startup and Technology News

Sat, September 07, 2024

KDB NextONE-Backed Korean Startups Set to Forge Strategic Partnerships at Japan IT Week

A group of pioneering Korean startups, nurtured under the KDB NextONE program and backed by KDB Industrial Bank, is poised to make waves in the global tech arena as they prepare for Japan IT Week. This leading IT exhibition, scheduled for three days from October 23rd at Makuhari Messe in Chiba,…

by Richard Park . 4 Sep 2024

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Ministry of SMEs and Startups Unveils $11.5 Billion Budget Plan for 2025: Boosting Global Expansion & Innovation for Startups

The South Korean Ministry of SMEs and Startups (MSS) has unveiled its ambitious budget plan for 2025, marking a significant…

by Jinju Jeon . 2 Sep 2024
Korean Company SDT Secures $7.5 million Pre-IPO Investment, Poised for Quantum Computing Leadership

Quantum standard technology specialist company SDT, based in South Korea, has successfully raised 10 billion won (USD 7.5 million) in…

by Dae-jung Park . 29 Aug 2024
HAII Corporation Secures US Approval for Speech Rehabilitation Digital Therapeutic “repeech” Clinical Trials

HAII Corporation (HAII Corp.), a leading digital medicine company from South Korea, announces that its speech rehabilitation digital therapeutic, “repeech,”…

by KoreaTechDesk Writer . 27 Aug 2024
Korean Founder Lands $80 Million from A16z to Reinvent IP Protection in the Age of AI

PIP Labs, the Palo Alto-based software development startup founded by a visionary Korean origin entrepreneur, has announced the successful completion…

by Dae-jung Park . 23 Aug 2024
6 Reasons Why Seoul Is Poised to Become a Top 5 Global Economic Hub by 2030

Seoul, the vibrant capital of South Korea, is rapidly emerging as a global financial powerhouse. With ambitious plans and strategic…

by Aditi Dave . 20 Aug 2024
KoreaTechDesk Demo Day August 2024: A Key Milestone in Korean Startups’ Global Acceleration

KoreaTechDesk Virtual Demo Day, concluded successfully its largest event since its launch in April 2024 on August 14 in  a…

by Jinju Jeon . 17 Aug 2024
HAII Corporation Secures US Approval for Speech Rehabilitation Digital Therapeutic “repeech” Clinical Trials

HAII Corporation (HAII Corp.), a leading digital medicine company from South Korea, announces that its speech rehabilitation digital therapeutic, “repeech,”…

by KoreaTechDesk Writer . 27 Aug 2024

Gadget Korea Inc. Officially Registers Korea’s First Full GSMA Membership

Korean startup Gadget Korea Inc., which operates eSIM-based data roaming platform “USIMSA” and “Superalink,” announced that it was officially registered…

by KoreaTechDesk Writer . 13 Aug 2024
HAII Achieves Second Place in Prestigious KHIDI-Roche Diagnostics Day ‘New Impact Project,’ Sets Sights on Global Growth

In a remarkable achievement, HAII, a Seoul-based digital health innovator, secured second place at the KHIDI-Roche Diagnostics ‘New Impact Project.’…

by KoreaTechDesk Writer . 9 Aug 2024
Legal Translation AI ‘Bering Lab’ Secures $2.3 Million in Pre-A Investment from SBVA & Others

Bering Lab, a legal AI translation company co-led by Jae-yoon Kim and Sung-hyun Moon, has successfully raised 3 billion won…

by Vallabh Rao . 7 Aug 2024
Ministry of SMEs and Startups Unveils $11.5 Billion Budget Plan for 2025: Boosting Global Expansion & Innovation for Startups

The South Korean Ministry of SMEs and Startups (MSS) has unveiled its ambitious budget plan for 2025, marking a significant commitment to fostering the innovative growth and global expansion of small and medium-sized enterprises (SMEs), venture businesses, and startups. The Ministry of SMEs and Startups (MSS) announced that it will prepare a budget plan for 2025 of KRW 15.292 trillion (USD 11.5 billion), an increase of KRW 342.3 billion (USD 31.6 million)(increase rate of 2.3%) compared to the original budget for 2024 (KRW 14.9497 trillion/USD 10.4 billion), and submit it to the National Assembly on September 3. Strategic Focus on Innovation and Recovery The 2025 budget plan is crafted around five core investment areas, each designed to address the current and future challenges faced by SMEs and startups, while also laying the groundwork for sustainable growth and global competitiveness. These areas include the creation of an innovation ecosystem, globalization, regional and manufacturing innovation, revitalization of SMEs and commercial districts, and sustainable growth. The 2025 budget plan for the Ministry of SMEs and Startups focuses on supporting the innovative growth and…

2 Sep 2024
6 Reasons Why Seoul Is Poised to Become a Top 5 Global Economic Hub by 2030

Seoul, the vibrant capital of South Korea, is rapidly emerging as a global financial powerhouse. With ambitious plans and strategic…

20 Aug 2024
Ministry of SMEs and Startups Establishes KRW 1.2 Trillion Global Fund, Attracts Top Venture Capitals

The South Korean Ministry of SMEs and Startups announced on July 1 that it had selected 15 funds as targets…

2 Jul 2024
Ministry of SMEs and Startups Selects Next-Generation Startups for Global Unicorn Project

South Korea is witnessing a remarkable shift in its startup ecosystem, with ventures in the energy, battery, bio, and autonomous…

27 Jun 2024
KDB NextONE-Backed Korean Startups Set to Forge Strategic Partnerships at Japan IT Week

A group of pioneering Korean startups, nurtured under the KDB NextONE program and backed by KDB Industrial Bank, is poised to make waves in the global tech arena as they prepare for Japan IT Week. This leading IT exhibition, scheduled for three days from October 23rd at Makuhari Messe in Chiba, Japan, will serve as an ideal platform for these startups to showcase their cutting-edge solutions and explore strategic partnerships in the Japanese market. KDB NextONE: A Catalyst for Innovation and Growth KDB NextONE, the flagship startup development initiative of KDB Industrial Bank, has been a cornerstone of innovation since its inception in 2020. Over eight cycles, the program has nurtured and supported 120 startups, offering comprehensive services that include office space, personalized mentoring, IR consulting, and business collaboration opportunities. The program’s core mission is to foster substantial growth and attract investment, enabling these startups to scale their innovative solutions globally. Notably, 53 startups raised a total of KRW 62.8 billion (USD 46 million) during their incubation, with KDB Industrial Bank directly investing KRW 23.4 billion (USD 17 million) in 11…

4 Sep 2024
KoreaTechDesk Demo Day August 2024: A Key Milestone in Korean Startups’ Global Acceleration

KoreaTechDesk Virtual Demo Day, concluded successfully its largest event since its launch in April 2024 on August 14 in  a…

17 Aug 2024
Techsauce Global Summit 2024 Attracts 18,000 Attendees, Accentuating Thailand’s Status as SEA’s Tech Gateway

Techsauce Global Summit 2024, Southeast Asia’s premier technology event, recently concluded on a high note at the Queen Sirikit National…

16 Aug 2024
Meet South Korea’s Hottest AI Startups at IFA 2024, Berlin – Connect with the Future of Tech!

Ten of South Korea’s most innovative AI startups will be participating in IFA 2024, held in Berlin, Germany from September…

15 Aug 2024
Navigating Global Markets: Insights from Fintech and Innovation Expert Iskander Haouam

Iskander Haouam,  a seasoned expert with over 15 years of experience in investment and entrepreneurship, brings a wealth of knowledge…

by Dae-jung Park . 15 Jul 2024
Floatic CEO Chan Lee on Leading Revolution in E-commerce Warehouse Automation with Visionary Strategy

Korean startup Floatic, a trailblazer in e-commerce warehouse automation, has recently made headlines by securing $3.8 million in its latest…

by Aditi Dave . 16 Jun 2024
Building Bridges: Jan Raczyński on Fostering Startup and Enterprise Collaborations

In today’s rapidly evolving business landscape, fostering collaborations between startups and established enterprises is crucial for driving innovation and growth.…

by Aditi Dave . 13 Jun 2024
KDB NextONE-Backed Korean Startups Set to Forge Strategic Partnerships at Japan IT Week

A group of pioneering Korean startups, nurtured under the KDB NextONE program and backed by KDB Industrial Bank, is poised…

by Richard Park . 4 Sep 2024

The StemBank Develops Transformative Stem Cell Solutions to Tackle Aging and Related Illnesses

In the rapidly evolving fields of beauty, fashion, healthcare, and biotechnology, Korean startup The StemBank is making groundbreaking strides with…

by Dae-jung Park . 2 Aug 2024
Gangnam-gu’s Global Roadshow (US Edition): Catalyzing Korean Startups’ International Success

Gangnam-gu, the dynamic district synonymous with innovation and dreams, has embarked on a groundbreaking journey to bolster its thriving startup ecosystem.…

by KoreaTechDesk Writer . 1 Aug 2024
Impact AI Helping Businesses Maximize Ad Spend Output with Cutting-Edge AI Technology

Navigating the vast landscape of digital marketing channels can be daunting for businesses, making efficient ad budget allocation a significant…

by Jinju Jeon . 1 Aug 2024
Top Co-working Spaces for Startups & Companies to Explore in South Korea

For startups, the beginning years are the most crucial ones, when the pitches to VCs are to be made, teams…

3 Apr 2024
Korean Legal Firm SEUM Emerges as a Premier Partner for Startups, Garnering Top Rankings

SEUM, a distinguished law firm based in South Korea, has solidified its position as a premier legal partner for startups,…

1 Mar 2024
Top Event Agencies in Korea For International Clients Seeking Global Excellence

In the dynamic landscape of South Korea, renowned for its innovation and rich cultural tapestry, choosing the right event planning…

6 Dec 2023

POPULAR POSTS

HAII Corporation (HAII Corp.), a leading digital…
by KoreaTechDesk Writer . 27 Aug 2024

Quantum standard technology specialist company SDT, based in South Korea, has successfully raised 10 billion won (USD 7.5 million) in…
by Dae-jung Park . 29 Aug 2024

A group of pioneering Korean startups, nurtured under the KDB NextONE program and backed by KDB Industrial Bank, is poised…
by Richard Park . 4 Sep 2024

The South Korean Ministry of SMEs and Startups (MSS) has unveiled its ambitious budget plan for 2025, marking a significant…
by Jinju Jeon . 2 Sep 2024