KoreaTechDesk | Korean Startup and Technology News

Sat, September 13, 2025

SMEs and Startups Ministry Strengthens Restart Policies for Small Businesses — Lessons for a Resilient Startup Ecosystem

Business closure is a reality in every entrepreneurial ecosystem. What matters is how founders are supported when they attempt to restart. Korea’s Ministry of SMEs and Startups (MSS) has announced strengthened measures to reduce costs, expand financing, and provide psychological recovery for small business owners relaunching after closure. These policies…
by Daehyun Song . 13 Sep 2025

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KOSME Secures Global Anti-Corruption ISO Certification — Strengthening Trust in Korea’s Startup Ecosystem

The Korea SMEs and Startups Agency (KOSME) has earned international recognition for anti-corruption and compliance management, achieving ISO 37001 and…

by Dae-jung Park . 13 Sep 2025
FuriosaAI Showcases RNGD at OpenAI Korea Launch — A Step Toward Solving AI’s Power and Cost Bottleneck

Korea’s AI hardware sector took the spotlight at the launch of OpenAI Korea, where Seoul-based AI unicorn FuriosaAI demonstrated its…

by Chloe kim . 13 Sep 2025
beSUCCESS Media Group Highlights Deep Tech Investment Strategies at BEYOND Expo 2025

Investing at the frontier of science carries high risk, uncertain outcomes, and long commercialization timelines. At the BEYOND Expo 2025…

by Zee Cindy . 12 Sep 2025
Korea’s KIBO Unlocks US$130M AI Guarantee Program to Fuel Startup Growth and Global Competitiveness

South Korea is intensifying support for its artificial intelligence (AI) ecosystem with a major policy finance initiative. Korea Technology Finance…

by Chloe kim . 12 Sep 2025
15 Venture Funds Selected as Korea Commits US$430M to AI & Deep-Tech Unicorns

South Korea is doubling down on artificial intelligence (AI) and deep-tech as the country sharpens its unicorn strategy. The Ministry…

by Richard Park . 12 Sep 2025
U.S. Bets on Nuclear to Power AI Data Centers, While Korea Doubles Down on Renewables

As the world prepares for the energy demands of large-scale artificial intelligence infrastructure, global powers are shifting their energy strategies.…

by Daehyun Song . 11 Sep 2025
FuriosaAI Showcases RNGD at OpenAI Korea Launch — A Step Toward Solving AI’s Power and Cost Bottleneck

Korea’s AI hardware sector took the spotlight at the launch of OpenAI Korea, where Seoul-based AI unicorn FuriosaAI demonstrated its…

by Chloe kim . 13 Sep 2025

Starseed Introduces Pulitzer AI 3.0, Expanding Global PR Automation

Starseed, developer of the AI-powered PR automation platform led by CEO Bomi Son, announced on September 2 the release of…

by Dae-jung Park . 3 Sep 2025
Rebellions: First Korean AI Chipmaker to Establish Saudi Subsidiary, Targeting Middle East Sovereign AI Market

South Korea’s AI hardware innovation is stepping onto one of the world’s fastest-growing stages. Rebellions, an AI semiconductor startup backed…

by Daehyun Song . 20 Aug 2025
Upstage Teams with AWS to Scale Solar LLM in APAC and US, Signaling Confidence in Korea’s AI Innovation

Korea’s AI ecosystem is gaining global traction, and one of its most prominent startups has just secured a new milestone.…

by Dae-jung Park . 20 Aug 2025
SMEs and Startups Ministry Strengthens Restart Policies for Small Businesses — Lessons for a Resilient Startup Ecosystem

Business closure is a reality in every entrepreneurial ecosystem. What matters is how founders are supported when they attempt to restart. Korea’s Ministry of SMEs and Startups (MSS) has announced strengthened measures to reduce costs, expand financing, and provide psychological recovery for small business owners relaunching after closure. These policies offer a glimpse into how Korea is institutionalizing resilience for entrepreneurs — lessons that resonate beyond its borders. Korea’s Ministry of SMEs and Startups Announces Expanded Restart Support On September 12, 2025, the Ministry of SMEs and Startups held its seventh policy roundtable on “Small Business Recovery and Safety Net Reinforcement” at Lycon Town in Jung-gu, Daejeon. The ministry unveiled a package of reforms under its Prepared Restart Support Plan. Key changes include: Cutting the self-contribution burden for business relaunch funds (up to KRW 200 million / approximately USD 145,000) from 100% to 50%. Allowing the Special Rechallenge Fund (재도전특별자금, up to KRW 100 million / approx. USD 72,500) to be accessed during the relaunch process, rather than only in the following year. Expanding eligibility for an enhanced “Re-Leap Type”…

13 Sep 2025
Korea Lifts Venture Ban on Virtual Asset Firms, Bringing Blockchain into Deep-Tech Sector

South Korea has lifted a seven-year restriction that excluded virtual asset trading and brokerage businesses from being recognized as venture…

10 Sep 2025
Surviving the U.S. Tariff Shock: Korea Targets SME Resilience Through Financing, Logistics, and Emerging Market Strategies

Korean small and medium-sized enterprises (SME), critical drivers of the nation’s export economy, are under strain from U.S. reciprocal tariffs…

9 Sep 2025
Korea’s Fund of Funds Faces Shake-Up: Culture and Science Ministries Push $445M Independent Venture Funds

South Korea’s long-standing government-led venture capital structure is entering a period of change. The Ministry of Culture, Sports and Tourism…

9 Sep 2025
beSUCCESS Media Group Highlights Deep Tech Investment Strategies at BEYOND Expo 2025

Investing at the frontier of science carries high risk, uncertain outcomes, and long commercialization timelines. At the BEYOND Expo 2025 Global Investment Summit in Macao, this reality was at the center of discussion as Asia’s leading venture investors debated the future of deep technology. Moderated by James Jung, founder and CEO of beSUCCESS Media Group, the panel explored how courage, failure, and founder evolution define the path from breakthrough science to global markets. Global Investment Summit at BEYOND Expo 2025: Betting on Deep Innovation On May 23, 2025, the Global Investment Summit of BEYOND Expo 2025 hosted a session titled “The Courage of Betting on Deep Innovation.” The panel brought together three seasoned investors: Oh Hyoung Kwon of FuturePlay, Harry Wang of Linear Capital, and Harry Man of MPC (formerly Matrix Partners China). Guiding the conversation was James Jung, the founder and CEOof beSUCCESS Media Group, a leading platform connecting Korea’s startup ecosystem with global venture networks. Together, the panel framed deep tech as a frontier defined by artificial intelligence, semiconductors, robotics, quantum computing, and new materials. These are areas…

12 Sep 2025
AsiaStartupExpo Q3 2025: Connecting Asia’s High-Potential Startups with Global Investors

In today’s fast-moving innovation economy, what is the real challenge for early stage founders? Is it building solutions? Or coming…

10 Sep 2025
Redefining Climate AI: 2025 ClimateTech Startup Summit Highlights Global Investment and Policy Collaboration

Global investors are paying closer attention to the intersection of AI and climate technology, and Korea is stepping forward with…

5 Sep 2025
Korea Startup Forum Selects 15 Tourism Innovators for “COMEUP in Jeju” Global Conference

As South Korea focuses on tourism as its startup growth driver, the Korea Startup Forum has finalized the selection of…

26 Aug 2025
Reimagining Real Estate Development with AI: Meet the Founders of Zenerate

What if you could design smarter buildings in minutes instead of months—and boost returns while doing it? That’s the vision…

by Aditi Dave . 4 Jun 2025
Mednaath CEO Nitish Kumar on Revolutionizing Multilingual Customer Service with Voice AI in Korea & Beyond

Mednaath is a company founded by Nitish Kumar, IIT Alumni, in India in 2021 and expanded to South Korea in…

by Dae-jung Park . 1 Jun 2025
Pioneering Precision: How South Korea’s Galux is Redefining Antibody Discovery with AI

Korean biotech startup Galux Inc. is making waves on the global stage with its groundbreaking AI-driven platform, GaluxDesign, designed to…

by Aditi Dave . 26 May 2025
Korea’s KIBO Unlocks US$130M AI Guarantee Program to Fuel Startup Growth and Global Competitiveness

South Korea is intensifying support for its artificial intelligence (AI) ecosystem with a major policy finance initiative. Korea Technology Finance…

by Chloe kim . 12 Sep 2025

15 Venture Funds Selected as Korea Commits US$430M to AI & Deep-Tech Unicorns

South Korea is doubling down on artificial intelligence (AI) and deep-tech as the country sharpens its unicorn strategy. The Ministry…

by Richard Park . 12 Sep 2025
Global Venture Investment Summit in APEC 2025: Cross-Border Capital, Secondary Markets, and Korea’s Hub Role

The Global Venture Investment Summit in APEC 2025 drew record-breaking participation in Jeju, underscoring how venture capital in Asia is…

by Daehyun Song . 6 Sep 2025
Korea Secures Global Startup Leadership: APEC Ministers Adopt “Jeju Initiative” and Launch Regional Alliance

For the first time in two decades, South Korea has turned the APEC SME Ministerial Meeting into more than a…

by Dae-jung Park . 6 Sep 2025
Unlocking Innovation: How Startups Can Leverage IMDA’s Open Innovation Platform

In today’s fast-evolving digital landscape, innovation is key to staying ahead. Singapore’s Infocomm Media Development Authority (IMDA) has taken a…

4 Apr 2025
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