[Korean Startup Weekly News #28] Rebellions Secures $15 Million Investment from Aramco’s CVC for Middle Eastern AI Market
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Headline
Rebellions Secures $15 Million Investment from Aramco’s CVC for Middle Eastern AI Market
South Korean AI semiconductor startup Rebellions has received a $15 million investment from Aramco’s Wa’ed Ventures, marking its entry into the Middle Eastern AI market.
Latest Funding News
Check out the latest funding news for Korean startups
Delivus Raises $14.6 Billion in Series B Funding to Expand AI-Driven Logistics Services
Delivus, a Korean AI logistics firm, raised KRW 14.6 billion in Series B funding to expand its ‘Deli Rabbit’ same-day delivery service and enhance its technology for broader coverage.
PowerCubeSemi Secures 8 Billion KRW in Series C Funding to Expand Power Semiconductor Product Line
PowerCubeSemi, a Korean startup specializing in power semiconductors, raised 8 billion KRW in Series C funding to expand SiC and Ga2O3 processing lines and enhance products.
Macarong Factory Secures 5 Billion KRW Series A Investment for O2O Vehicle Maintenance Platform
Macarong Factory, operating the ‘Mycle’ vehicle management app, secured 5 billion KRW from Murex Partners to enhance services, support repair shops, and expand customer engagement.
Kreatorsnetwork Secures KRW 3.5 Billion to Lead Mid-Tier Music Industry Shift
Kreatorsnetwork, a Korean music label service, raised KRW 3.5 billion in Series A funding to expand its data-driven growth model and services, focusing on independent artists and global trends.
CNRI Secures Pre-Series A for ‘LynC’, Streamlining LCA Management and Compliance
South Korean startup CNRI developed ‘LynC’, a SaaS that simplifies LCA management, cutting costs by 95%. They secured pre-Series A funding with major industrial clients and potential for expansion.
VetTec Korea Secures Bridge Funding to Enhance e-Commerce Platform for Veterinary Hospitals
VetTec Korea secured bridge funding for its AI-based veterinary e-commerce platform, BlueVet, highlighting its rapid growth and innovative services.
Fractal Technology Secures 700M KRW Seed Funding for AI-Based SME M&A Platform
Fractal Technology raised 700M KRW in seed funding for its AI-based SME M&A platform, CookieDeal, to streamline complex M&A processes and enhance success rates.
StepHow Secures Initial Investments for Enhancing AI-driven solutions for automating business manuals
StepHow, a Korean startup developing AI solutions for automating biz manuals, secures initial investments to broaden its solution such as execution of complex biz processes.
TOFF MOBILITY Secures Seed Funding to Advance Electric Aircraft Industry and Become Asia’s Largest E-Mobility Company
TOFF MOBILITY, a Korean startup, secures seed funding to advance the electric aircraft industry, aiming to become Asia’s largest e-mobility company by 2030.
Promenade AI Secures Seed Funding to Revolutionize Business Research with AI Solutions
Korean startup Promenade AI secured seed funding from 500 Global to automate unstructured data research using AI, aiming to enhance efficiency in business decision-making processes.
BYAHT Secures Investment for Glow.B, Enhancing Alternative Credit Solutions for Creators
BYAHT’s Glow.B, a Korean platform offering AI-driven credit assessments for creators, has secured investment from TheVentures to enhance financial accessibility and streamline advertising processes.
ZIKIDA Secures Seed Funding to Enhance Privacy Compliance Solutions with AI
Korean startup ZIKIDA secured seed funding to enhance its AI-driven privacy compliance solutions, which help businesses monitor and manage compliance with data protection laws in real-time.
Korean Startup Interview
Meet startups that are striving for global expansion through exclusive interviews
[Korean Startup Interview] Smaxh, Revolutionizing Korea’s Booming Tennis Market with AI-Based Lessons, Matching and Court Booking Solutions
Smaxh, a Korean startup, has developed a platform that uses AI to enhance tennis lessons and streamline court reservations and player matching. They claim they will revolutionize the growing tennis industry in Korea.
[Korean Startup Interview] Omnicoat’s Dry Laser Printing Revolutionizes Color-Coated Steel and Battery Electrode Technology
Omnicoat’s dry laser printing technology, initially for metal and glass, holds promise for expansion into the battery industry, amplifying aesthetic appeal and functionality in construction and electronics.
Korean Venture Capital News
Hashed Participates in NPC Labs’ $18 Million Seed Funding for Gaming Infrastructure ‘B3’
Hashed, a Korean blockchain investment firm, joined an $18 million seed funding round for NPC Labs’ B3, aiming to enhance blockchain-based gaming infrastructure and attract 1 billion on-chain users.
The Invention Lab Invests in ‘Petbom’ and ‘Modern’ through Joint Fund with Hiseoul Biz Company Association
The Invention Lab partnered with the High Seoul Business Association to invest in Petbom, a pet-sitting service, and Modern, pioneering GABA tomato cultivation, fostering collaborative opportunities.
Others

Grandeclip, Led by Former BAEMIN Chairman Kim Bong-jin, Acquires Fine Stay Platform STAYPOLIO
Grandeclip, founded by BAEMIN’s Kim Bong-jin, has acquired STAYPOLIO, a platform specializing in “Fine Stay,” becoming its largest shareholder and expanding into innovative hospitality experiences.
Flex Expands into Vietnam’s Mental Health Market through Partnership with PHT
Korean startup Flex partners with Vietnam’s PHT Entertainment & Media to launch mental health services for children and elderly, aiming for market expansion and technological advancement.
MORE FROM THE POST
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- [Korean Startup Weekly News #52] Content Security Leader INKA Entworks Raises $8.1M for AI-Driven Innovations
- [Korean Startup Weekly News #51] Ubix Therapeutics Secures $19.5M Pre-IPO Funding, Expands TPD Drug Pipeline
- [Korean Startup Weekly News #45] Panmnesia Secures $60M Series A, Valued at $255M for Cutting-Edge CXL Tech
- [Korean Startup Weekly News #44] Korea’s Venture Investment Market Grows by 11.3%, Reaching KRW 8.6 Trillion in Q3 2024
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