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• Period : 21 APR., 2025 ~ 27 APR., 2025

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

Headline

Asteromorph Raises USD 3.6M in Seed Funding to Develop AI for Scientific Superintelligence
Asteromorph, a South Korean AI startup, raised USD 3.6M to develop SPACER, a model aiming to generate original scientific hypotheses in biology and chemistry using mathematical reasoning.

Korean Government News

Korea Strengthens Intellectual Property Support for Innovative Ventures
Korean MSS and KIPO met with venture businesses to address IP challenges. These firms represent just 0.5% of companies but generate ₩242T in sales with 4.2× higher exports. Officials pledged policy support for patent protection and global expansion.

Latest Funding News

Check out the latest funding news for Korean startups

PROGEN Raises USD 15.5 million to Develop Biopharmaceutical Drug for Obesity-Diabetes
A Korean biopharmaceutical company PROGEN raised $ 15.5M to accelerate clinical development of obesity and diabetes drug PG-102, preparing for Phase 2 trials domestically and Phase 1 trials in Australia.

SeedN Raises USD 4.74M Series A to Boost AI Energy Management Solutions
Korean startup SeedN secured USD 4.74M in Series A funding to expand its AI-based energy management solutions, aiming for domestic and global growth with new services targeting large facilities.

SafeJibsa Secures Pre-Series A Funding to Enhance Real Estate AI Agent Service
SafeJibsa raised pre-Series A funding from Infobank to expand its AI real estate services, including fraud prevention and streamlined processes for both buyers and agents.

PostArchive Secures Investment from BASS Ventures to Accelerate Global Expansion
Korean fashion brand PAF secures funding from BASS Ventures to expand globally, scale product categories, and continue its rise as a top emerging global fashion label.

MEDISBY Secures Seed Funding to Advance AI-Driven Rehabilitation Robots
MEDISBY, a Korean startup developing AI rehabilitation robots, secured seed funding to advance automated therapy systems and plans global expansion targeting key healthcare markets.

Korean Startup Interview

Meet startups that are striving for global expansion through exclusive interviews

[Korean Startup Interview] Starpickers, “Expanding AI-Powered Mobility Safety Solutions Across Asia”
Starpickers, a South Korean startup, offers AI-powered mobility safety solutions like RiderLog, expanding across Asia with B2B/B2G traction and plans for B2C growth and global investment.

[Korean Startup Interview] CarLab: Revolutionizing the Online New Car Buying Experience
CarLab, an online new car trading platform, simplifies car purchases by offering transparent pricing, certified dealers, financing options, and personalized consultations, revolutionizing the auto industry.

Others

Nota Signs AI-Powered ITS Deal with Dubai RTA, Expands Smart City Push
South Korea’s Nota signed a deal with Dubai’s RTA to supply an AI-powered ITS solution, expanding its Middle East presence and preparing for a KOSDAQ IPO.

BERTIS Begins MASTOCHECK Supply in Thailand and the Philippines for Breast Cancer
BERTIS has begun supplying its proteomics-based breast cancer blood test, MASTOCHECK, in Thailand and the Philippines, partnering with LifeStrands to support regional distribution and adoption.