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 ...
Tag: Government
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 ...
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 ...
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 ...
Data Innovation Alliance Launched: 10 Korean Agencies Open 853 Public Datasets for Startups and AI Growth
South Korea has taken a decisive step toward strengthening its data-driven innovation ecosystem. Ten public agencies across four ministries have ...
Korea Counters U.S. Tariffs with $3.4B SME Relief Package: New Logistics Voucher and K-Beauty Export Hubs
Korean SMEs are bracing for higher costs and trade disruption under new reciprocal U.S. tariffs. In response, Seoul has unveiled ...
Korea Expands Global Venture Investment Hubs, Eyes Middle East for Startup Growth
Capital and connections are expanding beyond Silicon Valley, Shanghai, and other traditional markets for Korean startups. As global venture capital ...
Korea Moves to Define ‘Broker vs. Consultant’ as MSS Prepares Bill on Third-Party Intervention
The role of third-party intermediaries in government support programs is drawing closer scrutiny within Korea’s maturing startup ecosystem. With founders ...
Zombie Startups Phenomenon: Nearly Half of Korea’s Sanctioned R&D Firms Collapsed
With Korea’s startup ecosystem continues to depend on government-backed R&D programs, new data reveals a stark reality: nearly half of ...
New $74M Busan Innovation Scale-Up Fund Targets $147M in Startup Investment for Regional Growth
Korea is accelerating efforts to decentralize startup investment beyond Seoul. With the launch of the ₩101.1B ($74M) Busan Innovation Scale-Up ...