[Korean Startup Weekly News #36] Space Beam Secures 1.7 B KRW for Revolutionary Space Optical Communication

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Headline

Space Beam Secures 1.7 Billion KRW for Revolutionary Space Optical Communication
Space Beam secures 1.7 billion KRW in pre-Series A funding to develop space optical communication technology, promising faster and cheaper data transmission.

Korean Government News

Seoul Hosts First-Ever 2024 World Webtoon Festival to Drive Global K-Webtoon Expansion
Seoul will host the inaugural 2024 World Webtoon Festival, showcasing popular K-webtoons through pop-up stores, special exhibitions, and events, promoting the global expansion of K-webtoons and industry growth.

Latest Funding News

Check out the latest funding news for Korean startups

Lauren Choo Company Secures Pre-Series A Funding to Expand Alcohol-Free Food Tech
Lauren Choo Company, a Korean alcohol-free food tech startup, secured pre-series A funding to focus on R&D, export expansion, hiring, and plans to join the TIPS program next year.

AI GovTech Startup Wello Secures Series A Funding to Drive Global Expansion
Korean AI GovTech startup Wello secured Series A funding to enhance its personalized policy platforms for individuals and businesses, expand globally, and develop services through its scalable data platform.

Nadoomodoo Gains Seed Investment to Strengthen ‘Nadoo’ and Enter Global Markets
Nadoomodoo secured seed funding to enhance its AI platform, Nadoo, and expand globally, offering companies no-code/low-code automation solutions to boost productivity and efficiency.

HAEUN Company Secures KRW 100 Million Seed Funding to Launch AI Information Service
HAEUN Company secured KRW 100 million in seed funding from CLUST Ventures to launch an AI-powered information mediation service, aiming to streamline web searches and enhance efficiency.

Korean Startup Interview

Meet startups that are striving for global expansion through exclusive interviews

[Korean Startup Interview] IDeA Ocean: Streamlining Robotics with Autonomous Mechanism Design
METHEUS by IDeA Ocean revolutionizes robot design with AI-driven mechanisms, cutting costs and speeding development, targeting service robots and mobility.

[Korean Startup Interview] KINGO Bio Challenges Global Giants with Innovative Clean Up Beads Solution ‘GraBeads’
KINGO Bio, an ambitious Korean biotech startup, has developed a clean-up bead solution ‘GraBeads,’ enabling the early diagnosis of various diseases. They are now knocking on the door of the global market.

Others

InterparkTriple Targets Japan Market Growth with Strategic Partnership with Quantum Leaps
InterparkTriple is strengthening its partnership with Quantum Leaps to expand in Japan’s travel market, leveraging Quantum Leaps’ network to foster Korea-Japan business collaboration.

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