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• Period : 25 NOV. ~ 01 DEC., 2024

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

Headline

Korean Cybersecurity Startup AI SPERA Raises $9M to Boost Global Presence
AI SPERA secures $9M, proving Korea’s competitive edge in global cybersecurity, aiming for rapid expansion and an IPO.

Korean Government News

Korea’s TIPS Program Achieves $11.11 Billion in Investments Over a Decade
Over the past ten years, South Korea’s TIPS program has remarkably attracted $11.11 billion in follow-up investments, affirming its significant impact on global tech startups.

Innovations Unleashed: MSS’s Global Tech Conference Shines Spotlight on Deep-Tech Startups
Largest-ever Global Super Gap Tech Conference held in Seoul, spotlighting AI integration and deep-tech startups’ potential.

Latest Funding News

Check out the latest funding news for Korean startups

Meissa Secures $7.5M in Series C, Eyes KOSDAQ IPO and Global Expansion
Meissa raised $7.5M in Series C funding, merged with subsidiary Meissa Planet, and plans a 2026 KOSDAQ IPO to expand globally as a leader in spatial information technology.

WashSwat Secures $5.3M in Series C Bridge Funding to Enhance Mobile Laundry Services
WashSwat raises $5.3M in Series C bridge funding, planning to expand smart factories and improve service quality.

Storelink Raises Additional KRW 4 Billion to Fuel Global E-commerce Strategy
Storelink wraps up Series C with an extra KRW 4 billion, aiming to enhance global market strategies and tech advancements.

Roumit Raises $4.56 Million to Enhance Semo Report for Tax Professionals
Semo Report raises $4.56M from IBK and Webcash, aiming to improve tax reporting services for small businesses.

Nirvanana Raises Series A to Develop Multi-Platform Character Strategy Game ZETA
Korean game studio Nirvana secured Series A funding to develop ‘ZETA’, a multi-platform PvP strategy game set, blending strategic depth with action gameplay for casual and competitive players.

Biocom Raises KRW 3 Billion to Enhance Personalized Health Services
Biocom raises KRW 3 billion, advancing personalized nutrition and healthcare with AI-driven solutions.

Galloping Attracts $750K Investment for Global Growth of AI Soccer Tech
Galloping raised $750K in Pre-Series A funding, backed by Korean institutions, to expand its Vision AI-powered soccer training solution, AI SOCCER, globally and advance its technology.

ALON Secures Seed Bridge Funding to Expand Its EV Charging Solution, Chargemate
ALON secured funding from Sopoong and Lotte Ventures to expand its IoT-based EV charging solution, Chargemate, enhancing safety, convenience, and partnerships in the charging industry.

ReFeed Gains Investment to Advance SAF Waste Oil Solutions in Vietnam
ReFeed, a Korean company innovating waste cooking oil collection for sustainable aviation fuel, secured Pre-Series A funding to expand operations in Vietnam and meet rising global eco-friendly resource demands.

Gymwork Secures Seed Investment to Revolutionize Personalized Fitness App Solutions
Gymwork, a Korean personalized fitness app, receives seed investment for its data-driven workout solutions, reaching 140K downloads with 50% revisit rate from new users.

Endo Health Secures Funding From General Catalyst to Transform Digital Healthcare
Endo Health, a Silicon Valley digital healthcare startup, secured funding from General Catalyst and a16z to launch AI-driven solutions for chronic disease management, aiming to extend human lifespans.

Netropy Secures Pre-seed Funding and TIPS Backing to Advance AI Simulation Solutions
Netropy, a Korean AI simulation startup, secured pre-seed funding from Spring Camp and TIPS support, aiming to advance technology and launch innovative products next year.

Korean Startup Interview

Meet startups that are striving for global expansion through exclusive interviews

[Korean Startup Interview] LIFE FESTA, ‘Blending Gaming and Reality to Foster Healthier Daily Lives’
LIFE FESTA is a startup transforming digital culture by gamifying real-world activities, encouraging healthier lifestyles through a platform that rewards and connects offline experiences.

Korean Venture Capital News

Others

Five Korean Startups Win Big at Chengdu’s Golden Panda Competition
Five Korean startups won at the 6th Golden Panda Competition in Chengdu, showcasing cutting-edge innovations on a global stage.

[Korean Startups in CES] DEEP.FINE Wins CES 2025 Innovation Award with Groundbreaking XR Spatial Solution
DEEP.FINE’s DSC shines at CES 2025, winning an award for its innovative XR spatial information tool