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President Yoon Suk Yeol (front) speaks during a Startup Korea Strategy Meeting at the former presidential compound of Cheong Wa Dae in Seoul on Aug. 30, 2023. (Yonhap)

Korean Government Unveils Ambitious Initiatives to Foster Global Startups and Unicorns by 2027

by Dae-jung Park

October 18, 2023

South Korea has set its sights on becoming a global hub for startups and fostering the growth of billion-dollar companies ...

Ministry-of-Science-and-ICt-1140x570

Korean ministry to invest $12 billion to foster 10 deep-tech unicorn startups by 2027

by KoreaTechDesk Writer

October 17, 2023

South Korea aims to foster 10 deep-tech unicorns by 2027 by supporting research and development expansion with the private sector. ...

Unicorn startups

Korea adds 5 new unicorn startups in the first half of 2022; Total now 23

In 2022, five startups have made it to the list of Korean unicorns in the first half of the year, ...

South Korean women archers team that won the gold medal at the Tokyo Olympics at Yumenoshima Park Archery Field in Tokyo on July 25, 2021. Source: Yonhap

South Korea now has 15 unicorn startups, ‘Baby Shark’ wins the case and other news

by KoreaTechDesk Writer

The Korean startup ecosystem gets some motivating news from the Ministry of SMEs and Startups as it adds three new ...

Top 5 K-Content Korean startups looking to hit the ‘unicorn’ status

Top 5 K-Content Korean startups looking to hit the ‘unicorn’ status

by KoreaTechDesk Writer

September 21, 2020

Although 2020 has been a brutal year in many respects, it has been a big year for the Korean startup ...