• Subscribe to our Newsletter on LinkedIn
• Click here for daily startup news in Korean
• Period : 30 SEP. ~ 06 OCT., 2024

Catch up on last week’s top stories from the startup ecosystem in the Korean Startup Weekly News.

Headline

MARQVISiON Raises $16M and Launches AI-Powered IP Protection Platform ‘Marq AI’
MARQVISION raises $16M and launches “Marq AI,” an integrated platform using generative AI to strengthen IP protection while reducing time and costs.

Korean Government News

South Korea Unveils Bold Plan to Raise $12B in Venture Investments by 2027
The South Korean government plans to raise $12B in venture investments and attract $740M in global funding by 2027, with a new global fund-of-funds in Singapore.

Korea-Japan Bio Cooperation Takes Off with Key Partnerships and Research Initiatives
Korean bio startups team up with Japanese universities and firms to overcome regulatory hurdles and accelerate the development of innovative cell and gene therapies.

Latest Funding News

Check out the latest funding news for Korean startups

AI-Powered Medical Imaging Pioneer Monitor Corporation Raises ₩7B Series B
Monitor Corporation secures ₩7B in Series B funding to expand its AI medical imaging solutions, including Korea’s only Class 3 lung cancer detection device.

Nano Electronics Secures $3.4M, Aims for Global Energy Market
Nano Electronics developed a 3D heating film with high efficiency. The company won awards at CES and JEC, showcasing its global competitiveness. With the new funding, Nano Electronics plans to expand production and enter the global market.

LEESOL Raises USD 2.96 million to Expand Brain Disease Treatment Platform
LEESOL, a Korean healthcare startup, raised USD 2.96 million in Series A funding to develop electronic medicine for diagnosing and treating brain diseases like dementia, sleep disorders, and depression.

Seeann Solution Secures CNTTECH Investment to Expand Global Medical Device Market
Seeann Solution, a medical device firm, raised funds to expand its personalized device business. They specialize in surgical guides and plan to build a new production facility. CNTTECH, through its Venturium program, supports Seeann Solution’s growth.

Saebyeok Naesi, an AI Analysis and Marketing Platform, Secures Seed Funding
Saebeok Nesi, an AI marketing platform, raised seed funding from UNBOUNDLAB. The company offers personalized marketing solutions for businesses. 

Korean Startup Interview

Meet startups that are striving for global expansion through exclusive interviews

[Korean Startup Interview] AETECH’s AI-Powered Robots: Transforming the Global Recycling Industry
AETECH is leading waste management with its AI robot, Atron, enhancing efficiency and accuracy in recycling through automated sorting technology.

[Korean Startup Interview] How SIJE is Automating the Future of Garment Production
Korean startup SIJE leverages real-time data and AI to revolutionize apparel manufacturing, boosting efficiency, lowering costs, and preparing for a global market expansion.

Korean Venture Capital News

SBVA Tokyo Forum Fosters Collaboration Between Korean Startups and Japan’s VCs
The 2024 SBVA Tokyo Forum connected Korean startups with Japanese VCs, promoting collaboration and global expansion through keynotes, panel discussions, and networking.

Others

Busan Hosts Fly Asia 2024, Paving the Way for Startup Growth and Innovation
Fly Asia 2024 drew over 15,000 attendees, offering keynotes, startup-investor meetups, and global partnerships, cementing Busan’s role as a global startup hub.