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…
In a first of its kind instance in South Korea’s legal industry, prominent law firm Shin & Kim has implemented the country’s first cloud-based internal AI service in collaboration with Korean startup Factagora and Microsoft Azure AI. This deployment marks a significant milestone, showcasing the practical potential of AI technologies…
CLO Virtual Fashion, a Korean digital apparel solution company, has successfully raised 50 billion won (34 million USD) in new…
The 6th edition of COMEUP 2024, a global startup festival organized by the Korea Startup Forum (Chairman Sangwoo Han), concluded…
The Ministry of SMEs and Startups (MSS), led by Minister Oh Young-joo, announced its 2025 budget and fund management plan…
In a first of its kind instance in South Korea’s legal industry, prominent law firm Shin & Kim has implemented…
Meissa, a leading digital twin-based spatial information platform company from South Korea, has successfully raised over KRW 10 billion (7.1…
AI-based cybersecurity Korean company AI SPERA (CEO Kang Byung-tak) announced that it has secured an additional investment of 12 billion…
Gadget Korea, a South Korea based leading provider of eSIM-based data roaming services, successfully participated in the prestigious Telecom World…
Gadget Korea, a leading Korean company in eSIM-based data roaming solutions, made waves at GITEX 2024 in Dubai with the…
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…
South Korea Ministry of SMEs and Startups unveiled the “TIPS Next Strategy” at a special event marking the 10th anniversary…
In a significant move to bolster its startup ecosystem, South Korea has launched the ‘Startup Korea Special Visa’ program, designed…
In a significant move to attract private-sector venture investment, the Korean government has announced the formation of the ‘Startup Korea…
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,…
Seoul is set to host the annual global startup festival COMEUP 2024 on December 11 and 12 at COEX in…
Startups from South Korea and Germany are set to benefit from enhanced collaboration and new growth opportunities as Start2 Group,…
The Vietnam Innovation Summit 2024, held in Ho Chi Minh City on November 15-16, 2024, brought together government officials, business…
At the KoreaTechDesk Virtual Demo Day, Kristian Asani, Senior Associate at Silicon Gardens, shared his journey, investment philosophy, and advice…
Iskander Haouam, a seasoned expert with over 15 years of experience in investment and entrepreneurship, brings a wealth of knowledge…
Korean startup Floatic, a trailblazer in e-commerce warehouse automation, has recently made headlines by securing $3.8 million in its latest…
Venture capitalists seeking high-impact, internationally scalable startups have an unprecedented opportunity at the TIPS Global Demo Day, scheduled for December…
The TIPS Overseas Marketing Global Expansion Support Program Demo Day 2024, set to take place on December 27, 2024, from…
Seven dynamic South Korean startups showcased their cutting-edge solutions on October 21, 2024, ahead of Japan IT Week (October 23-25).…
On October 29, 2024, the heart of Silicon Valley pulsed with innovation as the Korea Venture Business Association (KOVA) and…
KoreaTechDesk Publication proudly introduces the Global Mentorship Program, a premium, confidential platform designed to connect Korean companies with world-class industry…
In a first of its kind instance in South Korea’s legal industry, prominent law firm Shin & Kim has implemented…
For startups, the beginning years are the most crucial ones, when the pitches to VCs are to be made, teams…
SEUM, a distinguished law firm based in South Korea, has solidified its position as a premier legal partner for startups,…
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