[Korean Startup Weekly News #60] Doers Raises $7.1M USD in Series A for Affiliate Platform ZVZO

3/16/2025

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

Headline

Doers Raises $7.1M USD in Series A for Affiliate Platform ZVZO
Doers Corp. raises $7.14M USD in Series A for ZVZO, linking Korean brands with global creators, aiming for rapid growth and overseas expansion in 2024.

MSS Advances AI and Quantum Computing for Drug Development and Biotech Growth
South Korea’s MSS discussed advancing drug development using AI and quantum computing, aiming to establish Incheon as a global biotech hub while fostering industry collaboration and regional ecosystem growth.

Check out the latest funding news for Korean startups

MediThinQ Secures 12.4 Billion KRW for Global Expansion of XR Wearable Display Solutions
MediThinQ, a Korean startup, raised KRW 12.4 billion in Series B funding to expand globally. Its XR wearable SCOPEYE enhances surgical precision. With global partnerships, it targets a 2026 KOSDAQ listing.

Korean AI Fracture Surgery Robot Firm AIRS Raises $3.57M USD in Series A
AIRS raises $3.57M USD in Series A and $2.57M USD from gov’t to advance AI fracture surgery robots, targeting global markets like Singapore and the US.

COVERSOMEONE Secures 3.5 million USD to Enhance Lifestyle Fashion Technology
COVERSOMEONE, a Korean fashion-tech company, raised 3.5 million USD in Series A funding to expand globally. It develops sustainable textile technology and partners with major brands like Balenciaga and Descente.

MYLINK Secures Series A Funding to Expand Cloud-Based Manufacturing Platform LinkBiz Globally
MYLINK secures Series A from Shinhan Card and REVENTURES to grow LinkBiz globally, targeting Japan, Southeast Asia, and the US with smart manufacturing tech.

Korean Quant Startup AM Management Secures Additional Series A Funding from LUXVENTURES
AM Management secures Series A funding from LUXVENTURES to grow its quant-based digital asset solutions, targeting $71.43M USD in user assets globally.

MOVIN Lands $3M Pre-Series A to Revolutionize Motion Capture with AI & LiDAR
South Korean AI motion capture startup MOVIN raised $3M in Pre-Series A funding to expand its LiDAR-powered markerless technology globally, targeting gaming, VFX, sports, and robotics markets.

N.Thing Secures Strategic Investment for Enhancing Smart Farm Tech
N.Thing, a Korean AgriTech startup, secured investment from Deepstone Investment to enhance its smart farm technology and expand sustainable food production systems globally.

VUNO to Acquire USD 2.4 million Stake in Coreline Soft, Transfers LungCT Tech
VUNO is acquiring a USD 2.4 million stake in Coreline Soft while transferring its LungCT technology, shifting focus to preventive medical AI and strengthening its global business with VUNO Med®-DeepCARS™.

Korean AI Game Development Startup ANCHOR NODE Secures Investment from Naver D2SF
ANCHOR NODE, with Naver D2SF funding, advances GameAIfy AI, cutting game dev time to under 1 year and costs by 95%, eyeing global markets at GDC 2025.

ToggleCampus Gains Investment to Scale Invector and Lead Digital Transformation in Accounting
ToggleCampus secured pre-Series A funding to expand its AI-driven accounting automation solution, Invector, enhance technology, hire talent, and enter global markets, including North America and Europe.

Bravi! Operator Moonda Raises Investment to Drive Innovation in B2B Music Market
Moonda, operator of Bravi!, secured a seed bridge investment to enhance AI-powered performance curation, expanding its B2B music platform for businesses seeking tailored corporate performances and engagement.

ZDVC Invests in U.S. AI Music Startup Wavv to Revolutionize Industry
ZDVC funds Wavv, a U.S. startup using MIDI-based AI music tech to target ads and gaming, aiming for B2B growth and future B2C expansion globally.

ConnexioH Secures Investment to Expand AI-Driven Credit Rating Solutions
ConnexioH, a South Korean fintech startup, secured investment, recognized for its AI-driven credit evaluation, aiming for global fintech expansion through strategic partnerships.

Meet startups that are striving for global expansion through exclusive interviews

[Korean Startup Interview] BeringLab: “Expanding Globally with Specialized AI Translation for Law, Patents, and Clinical Fields”
BeringLab develops AI-powered legal translation engines, combining AI with expert reviews. With extensive data since 2012, it expands globally, securing investments and targeting the legal translation market.

[Korean Startup Interview] Ubeeslab: “Performance Analysis for Athletes with SOCCERBEE.. Rapid Growth in the Global Market”
Ubeeslab develops SOCCERBEE, a GPS tracker that helps athletes analyze performance data. Players own their data, aiding recruitment. Growing rapidly, it’s expanding globally and attracting investors.

The Invention Lab Backs Lifevitamin’s Vietnam Launch with C-LAPS Partnership
The Invention Lab partners with Lifevitamin and C-LAPS to expand into Vietnam’s healthcare market, supporting investment, marketing, and distribution as Lifevitamin targets rapid growth in the emerging consumer-driven economy.

OLIM PLANET Submits Preliminary Application for KOSDAQ Listing with XR Technologies
OLIM PLANET, a South Korean XR tech company, applied for a KOSDAQ listing. With strong growth, it develops XR solutions like ELYPECS, XROO, and XROMEDA, aiming for global expansion.

Boosters Achieves $54.5M Revenue in 2024, Expands Global E-Commerce Presence
Boosters achieved $54.5M revenue in 2024, growing 176% YoY. Focused on core brands and global expansion, the company streamlined operations and enhanced efficiency under CEO Choi Yoon-ho’s leadership.

Gangwon CCEI Kicks Off 2025 G-Startup Young Entrepreneurship Program to Accelerate 40 Promising Startups
Gangwon Province and Gangwon CCEI launch 2025 G-Startup, aiding 40 innovative firms in biohealth, ICT, and more with funds and mentorship to boost the region’s startup ecosystem.