KoreaTechDesk | Korean Startup and Technology News

Tue, December 31, 2024

TIPS Global Demo Day 2024: South Korean Startups Impress Global Investors with Cutting-Edge Tech Solutions

The TIPS Global Demo Day 2024, held virtually on December 27, proved to be a resounding success, featuring South Korea’s top tech startups and attracting global venture capitalists eager to explore groundbreaking innovations. This highly anticipated event highlighted South Korea’s growing influence in the global startup ecosystem, fueled by strong…
by Vallabh Rao . 30 Dec 2024

Latest Article

Factagora Launches South Korea’s First Cloud-Based AI Legal Service at Law Firm Shin & Kim

In a first of its kind instance in South Korea’s legal industry, prominent law firm Shin & Kim has implemented…

by KoreaTechDesk Writer . 25 Dec 2024
Wave Company’s TracMe: How Smart Sensors are Shaping the Future of Fitness

Wave Company, a leader in digital health and wearable technology, has successfully mass-produced and commercialized TracSil (Tracking Silicone), a stretchable…

by Alison . 23 Dec 2024
Tapping Into Korea’s High-Tech Ecosystem: Why TIPS Global Demo Day is a Must-Attend for VCs

Venture capitalists seeking high-impact, internationally scalable startups have an unprecedented opportunity at the TIPS Global Demo Day, scheduled for December…

by Kelly Jung . 19 Dec 2024
EKLEER Named CES 2025 Innovation Awards Honoree for Its Smart Display for Digital Inclusion

EKLEER, a leader in affordable technology for emerging markets, proudly announces that its latest innovation, the Smart Display for Digital…

by Chloe kim . 18 Dec 2024
CLO Virtual Fashion Secures $34 Million Investment to Solidify Global Leadership in Digital Apparel Solutions

CLO Virtual Fashion, a Korean digital apparel solution company, has successfully raised 50 billion won (34 million USD) in new…

by Chloe kim . 16 Dec 2024
COMEUP 2024 Concludes Successfully, Solidifying Its Status as a Global Startup Festival

The 6th edition of COMEUP 2024, a global startup festival organized by the Korea Startup Forum (Chairman Sangwoo Han), concluded…

by KoreaTechDesk Writer . 16 Dec 2024
Factagora Launches South Korea’s First Cloud-Based AI Legal Service at Law Firm Shin & Kim

In a first of its kind instance in South Korea’s legal industry, prominent law firm Shin & Kim has implemented…

by KoreaTechDesk Writer . 25 Dec 2024

Meissa Secures $7.1 Million Investment to Drive Digital Twin Innovation, Accelerates IPO Plans for 2026

Meissa, a leading digital twin-based spatial information platform company from South Korea, has successfully raised over KRW 10 billion (7.1…

by Daehyun Song . 26 Nov 2024
AI SPERA Secures $8.5 million Funding to Boost Global Expansion of Cybersecurity Solution ‘Criminal IP’

AI-based cybersecurity Korean company AI SPERA (CEO Kang Byung-tak) announced that it has secured an additional investment of 12 billion…

by Dae-jung Park . 26 Nov 2024
Korean eSIM service provider Gadget Korea Showcases Superalink at Telecom World Asia 2024

Gadget Korea, a South Korea based leading provider of eSIM-based data roaming services, successfully participated in the prestigious Telecom World…

by KoreaTechDesk Writer . 25 Nov 2024
South Korea Ministry of SMEs and Startups Unveils $ 10.6 billion Budget for 2025

The Ministry of SMEs and Startups (MSS), led by Minister Oh Young-joo, announced its 2025 budget and fund management plan totaling KRW 15.2488 trillion (USD 10.6 billion approximately), marking a KRW 299.1 billion (USD 209 million approximately) increase from the 2024 budget. The budget was approved during the National Assembly’s plenary session on December 10 and aims to drive innovation and growth among small and medium-sized enterprises (SMEs) and startups. The MSS identified four core investment priorities for 2025: 1. Fostering deep-tech startups 2. Supporting exporting SMEs 3. Promoting regional innovative growth 4. Establishing a growth ladder for SMEs New Initiatives for Deep-Tech and AI Startups A significant highlight of the 2025 plan is the introduction of a dedicated support program for startups in the AI and fabless semiconductor sectors. This initiative will strengthen collaboration between large corporations and deep-tech startups, aiming to cultivate global unicorn companies. The MSS also plans to shift its R&D support focus toward national strategic technologies and global cooperation, moving away from a broader funding approach. Boosting Export Capabilities To enhance global competitiveness, the MSS…

12 Dec 2024
Ministry of SMEs and Startups Announces TIPS NEXT Strategy, Celebrating $10.7 Billion in Follow-up Investment

South Korea Ministry of SMEs and Startups unveiled the “TIPS Next Strategy” at a special event marking the 10th anniversary…

28 Nov 2024
South Korea Launches ‘Startup Korea Special Visa’ for Foreign Entrepreneurs and Startups

In a significant move to bolster its startup ecosystem, South Korea has launched the ‘Startup Korea Special Visa’ program, designed…

8 Nov 2024
Korean Ministry’s ‘Startup Korea Fund’ Exceeds Expectations with $629 Million, Fuels Strong Private Sector Participation

In a significant move to attract private-sector venture investment, the Korean government has announced the formation of the ‘Startup Korea…

19 Sep 2024
COMEUP 2024 Concludes Successfully, Solidifying Its Status as a Global Startup Festival

The 6th edition of COMEUP 2024, a global startup festival organized by the Korea Startup Forum (Chairman Sangwoo Han), concluded successfully on December 12th at COEX in Seoul. Held over two days under the theme ‘Innovation Beyond Borders,’ the event attracted participation from startups, investors, global companies, aspiring entrepreneurs, and other ecosystem stakeholders from 45 countries worldwide. This year’s COMEUP marked a milestone by hosting approximately 260 startups from across the globe, with more than half being international companies, demonstrating its growing influence as a global hub for innovation. The event’s diverse programs focused on key trends such as Deep Tech, Inbound, and Sustainable Innovation by Startup (SIS), aligning with the global startup ecosystem’s priorities. Minister of SMEs and Startups Oh Young-joo giving a congratulatory speech at the opening ceremony of COMEUP 2024 Global Leaders and Insights Take Center Stage The keynote speeches and conference sessions drew significant attention. On December 11th, Qamar Aftab, Investment Manager of Saudi Aramco CVC Wa’ed Ventures, and Park Sung-hyun, CEO of Rebellion, engaged in a thought-provoking conversation on ‘Innovation Beyond Borders.’ The following day,…

16 Dec 2024
COMEUP 2024 Unveils Speaker Lineup: Global Leaders and Innovators to Gather in Seoul

Seoul is set to host the annual global startup festival COMEUP 2024 on December 11 and 12 at COEX in…

6 Dec 2024
KITA & German Accelerator Strategic Partnership to Drive Global Growth for German and Korean Startups

Startups from South Korea and Germany are set to benefit from enhanced collaboration and new growth opportunities as Start2 Group,…

5 Dec 2024
Vietnam Innovation Summit 2024: A Milestone Event for Asia-Pacific’s Innovation Landscape

The Vietnam Innovation Summit 2024, held in Ho Chi Minh City on November 15-16, 2024, brought together government officials, business…

2 Dec 2024
Global Expansion Insights: Kristian Asani Shares Strategies for Startup Success

At the KoreaTechDesk Virtual Demo Day, Kristian Asani,  Senior Associate at Silicon Gardens, shared his journey, investment philosophy, and advice…

by Aditi Dave . 28 Nov 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
TIPS Global Demo Day 2024: South Korean Startups Impress Global Investors with Cutting-Edge Tech Solutions

The TIPS Global Demo Day 2024, held virtually on December 27, proved to be a resounding success, featuring South Korea’s…

by Vallabh Rao . 30 Dec 2024

Tapping Into Korea’s High-Tech Ecosystem: Why TIPS Global Demo Day is a Must-Attend for VCs

Venture capitalists seeking high-impact, internationally scalable startups have an unprecedented opportunity at the TIPS Global Demo Day, scheduled for December…

by Kelly Jung . 19 Dec 2024
TIPS Overseas Marketing Global Expansion Support Program Virtual Demo Day on December 27, 2024

The TIPS Overseas Marketing Global Expansion Support Program Demo Day 2024, set to take place on December 27, 2024, from…

by Vallabh Rao . 2 Dec 2024
Korean Startups Drive Innovation at Japan IT Week 2024 with KDB NextONE Program Support

Seven dynamic South Korean startups showcased their cutting-edge solutions on October 21, 2024, ahead of Japan IT Week (October 23-25).…

by Dae-jung Park . 20 Nov 2024
Factagora Launches South Korea’s First Cloud-Based AI Legal Service at Law Firm Shin & Kim

In a first of its kind instance in South Korea’s legal industry, prominent law firm Shin & Kim has implemented…

25 Dec 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

POPULAR POSTS

In a first of its kind instance…
by KoreaTechDesk Writer . 25 Dec 2024

Wave Company, a leader in digital health and wearable technology, has successfully mass-produced and commercialized TracSil (Tracking Silicone), a stretchable…
by Alison . 23 Dec 2024

The TIPS Global Demo Day 2024, held virtually on December 27, proved to be a resounding success, featuring South Korea’s…
by Vallabh Rao . 30 Dec 2024