KoreaTechDesk | Korean Startup and Technology News

Fri, March 29, 2024

T’Order Secures $22.8 million in Series B Investment, Set for Global Expansion

T’ Order, a Korean table order service startup, announced the successful procurement of Series B investment totaling 30 billion won ($22.8 million). This funding marks a significant milestone for the company, with its corporate value soaring to an impressive 100 billion won ($74.1 million), as evaluated by LB Investment. Even…

by Richard Park . 28 Mar 2024

Latest Article

Signature Label Secures Seed Investment to Drive Global Expansion of K-Beauty Distribution

In a significant development driving the internationalization of K-beauty, Signature Label, a K-beauty global distribution startup, has secured seed investment.…

by Chloe kim . 27 Mar 2024
SM Entertainment Founder Invests $7.5 Million in Korean AI Startup Mindlogic Inc.

In a noteworthy development at the intersection of entertainment and technology,  Lee Soo-man, the visionary founder and former Chief Producer…

by KoreaTechDesk Writer . 26 Mar 2024
Survey Reveals 70% of Korean Venture Companies Oppose the Proposed ‘Platform Regulation’ Act

In a climate of fervent debate surrounding the proposed ‘Platform Competition Promotion Act’ in South Korea, the Korea Venture Business…

by Richard Park . 21 Mar 2024
Globalizing Hallyu: K-Content Expo Propelling Korean Entertainment on World Stage

Korean content, often referred to as K-Content, has surged in popularity on a global scale, captivating audiences with its diverse…

by Aditi Dave . 20 Mar 2024
Korean Startups Forge Collaboration with OpenAI in Silicon Valley Event

In a landmark event held at the headquarters of OpenAI  in Silicon Valley, USA, ten innovative Korean startups were selected…

by Richard Park . 18 Mar 2024
Polish Corporation ORLEN Calls on Korean Startups for Accelerator Program

In a bid to foster global innovation and collaboration, ORLEN Group, one of Central and Eastern Europe’s most prominent multi-energy…

by KoreaTechDesk Writer . 15 Mar 2024

Popular posts

In a landmark event held at the…
by Richard Park . 18 Mar 2024

Korean content, often referred to as K-Content, has surged in popularity on a global scale, captivating audiences with its diverse…
by Aditi Dave . 20 Mar 2024

In a climate of fervent debate surrounding the proposed ‘Platform Competition Promotion Act’ in South Korea, the Korea Venture Business…
by Richard Park . 21 Mar 2024

In a noteworthy development at the intersection of entertainment and technology,  Lee Soo-man, the visionary founder and former Chief Producer…
by KoreaTechDesk Writer . 26 Mar 2024

In a significant development driving the internationalization of K-beauty, Signature Label, a K-beauty global distribution startup, has secured seed investment.…
by Chloe kim . 27 Mar 2024

MOST READ ARTICLE OF THE WEEK

SM Entertainment Founder Invests $7.5 Million in Korean AI Startup Mindlogic Inc.

In a noteworthy development at the intersection of entertainment and technology,  Lee Soo-man, the visionary founder and former Chief Producer…

by KoreaTechDesk Writer . 26 Mar 2024

Korean Startups Forge Collaboration with OpenAI in Silicon Valley Event

In a landmark event held at the headquarters of OpenAI  in Silicon Valley, USA, ten innovative Korean startups were selected…

by Richard Park . 18 Mar 2024
AIForPET Partners with Biotech Leader Proxi Healthcare for Pet Healthcare Product Development

In a move set to redefine the landscape of pet healthcare, Korean startup AIForPet, a company specializing in innovative solutions for…

by Dae-jung Park . 13 Mar 2024
Ad-Shield Empowers Publishers to Reclaim Ad Revenue Lost to Ad Blockers

AdTech startup Ad-Shield is revolutionizing the battle against ad blockers, offering a cutting-edge solution for online publishers to reclaim lost…

by KoreaTechDesk Writer . 27 Feb 2024
Survey Reveals 70% of Korean Venture Companies Oppose the Proposed ‘Platform Regulation’ Act

In a climate of fervent debate surrounding the proposed ‘Platform Competition Promotion Act’ in South Korea, the Korea Venture Business Association (KVBA) has released survey results indicating significant opposition from the venture community. The Act, announced by the South Korean government in December 2023, seeks to regulate the online platform market by designating key platform companies as “dominant platform operators” and restricting them from engaging in unfair practices within the market.  The survey conducted by the KVBA targeted 230 venture companies, shedding light on prevailing concerns and perspectives regarding the potential implications of the proposed legislation. Released on March 20, the findings revealed that seven out of ten venture companies, constituting 68.7% of respondents, expressed clear opposition to enacting the ‘Platform Act.’ This strong dissent underscores the apprehensions within the venture ecosystem regarding the proposed regulatory framework. A notable aspect is that an earlier survey conducted by Startup Alliance in January 2024 showed that 52.8% of startups had concerns about the Act, fearing negative repercussions on the startup ecosystem. Also, in January 2024, the Korea Venture Business Association had put…

21 Mar 2024
Korean Ministries Unveil $454 million ‘K-Content/Media Strategy Fund’ to Bolster Industry Growth

In a joint effort to invigorate the Korean content and media industry, the Ministry of Science and ICT and the…

14 Mar 2024
Empowering Women in Business: Korea’s Ministry of SMEs and Startups Leads the Way

In a significant stride towards fostering gender equality and economic growth, South Korea’s Ministry of SMEs and Startups has launched…

8 Mar 2024
Data Dillema: Government vs. Private Reports Reveal Contrasting Perspectives on South Korea’s Venture Investment

A recent announcement by the Ministry of SMEs and Startups on the ‘2023 domestic venture investment and fund formation trends’…

4 Mar 2024
Korean Startups Forge Collaboration with OpenAI in Silicon Valley Event

In a landmark event held at the headquarters of OpenAI  in Silicon Valley, USA, ten innovative Korean startups were selected to collaborate with the global AI giant. The event, ‘K-Startup and OpenAI Matching Day,’ supported by the Korean Ministry of SMEs and Startups, served as a pivotal platform for fostering innovation and partnership in artificial intelligence. The event showcased 14 South Korean startups selected from a pool of 220 companies. These finalists emerged from a rigorous selection process initiated by OpenAI in collaboration with the Ministry of SMEs and Startups (MSS) in December in South Korea. The OpenAI event, attended by approximately 40 stakeholders, including startup representatives, officials from the Ministry of SMEs and Startups, and influential figures from OpenAI, featured a dynamic presentation session during which each startup showcased its unique AI-driven solutions and potential. CEO Sam Altman’s Insights and Advice A highlight of the event was the surprise appearance of OpenAI CEO Sam Altman, who actively engaged with startup representatives in a spirited Q&A session. Altman’s presence not only underscored OpenAI’s commitment to nurturing emerging talent but also provided…

18 Mar 2024
Korean Companies & Startups Shine at Mobile World Congress 2024 in Barcelona

The Mobile World Congress 2024 (MWC 2024) in Barcelona, Spain, witnessed a remarkable display of innovation and technological prowess by…

1 Mar 2024
1Billion Partners Hosts Dynamic Demo Day in Seoul, Unveiling Promising Startups

1Billion Partners, an accelerator dedicated to early-stage startups, showcased its vibrant portfolio during a private demo day at the Urban Creators…

18 Jan 2024
K-Digital Wave: Korean Startups and Tech Giants Ready to Amaze at CES 2024

As CES 2024, the most powerful tech event in the world gears up to unfold its tech extravaganza in Las…

6 Jan 2024
ÉKLEER CEO Matthew Chung Spearheads Innovation in the Portable Monitor Market

As the influence of OTT services grows, the lifestyle of watching satellite or cable broadcasts only on TV is changing.…

by Dae-jung Park . 14 Dec 2023
Dr.Friend’s Growth from Sleep Care to Comprehensive Life Care Brand

Sleep has been considered a remedy for health since ancient times, and it is crucial for health management. To achieve…

by Daehyun Song . 13 Dec 2023
Pitch Interactive’s P.I.Extension Revolutionizes Sports Entertainment in the Booming E-sports Market

The E-sports market is establishing itself as a sport not limited to specific game users or fans. With E-sports being…

by Richard Park . 13 Dec 2023
Polish Corporation ORLEN Calls on Korean Startups for Accelerator Program

In a bid to foster global innovation and collaboration, ORLEN Group, one of Central and Eastern Europe’s most prominent multi-energy…

by KoreaTechDesk Writer . 15 Mar 2024

Hyundai Motor Group Launches 2024 Zero One Accelerator Program for Innovative Startups

South Korean corporate giant Hyundai Motor Group has announced the commencement of the 2024 open recruitment for its esteemed ‘ZER01NE…

by KoreaTechDesk Writer . 19 Feb 2024
Google Startup Campus Partners with Seoul Metropolitan Government for ‘AI Startup School’ Program  

In a significant demonstration of Google’s dedication to fostering entrepreneurship in the Artificial Intelligence (AI) field in South Korea, the…

by KoreaTechDesk Writer . 5 Feb 2024
Korean Startups Gear Up for OpenAI Finals with Strong Support from Ministry and Industry Leaders

As the global AI landscape continues to evolve, Korean startups are gearing up for a momentous opportunity for the upcoming…

by Daehyun Song . 1 Feb 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
Leading Korean Law Firms providing legal support to English-Speaking foreign startups

Foreign startups and companies looking to enter the Korean market often face complex legal requirements and regulations that can be…

13 Apr 2023

POPULAR POSTS

In a landmark event held at the…
by Richard Park . 18 Mar 2024

Korean content, often referred to as K-Content, has surged in popularity on a global scale, captivating audiences with its diverse…
by Aditi Dave . 20 Mar 2024

In a climate of fervent debate surrounding the proposed ‘Platform Competition Promotion Act’ in South Korea, the Korea Venture Business…
by Richard Park . 21 Mar 2024

In a noteworthy development at the intersection of entertainment and technology,  Lee Soo-man, the visionary founder and former Chief Producer…
by KoreaTechDesk Writer . 26 Mar 2024

In a significant development driving the internationalization of K-beauty, Signature Label, a K-beauty global distribution startup, has secured seed investment.…
by Chloe kim . 27 Mar 2024