[Korean Startup Weekly News #77] Law&Company Raises USD 36 million to Be the First LegalTech Unicorn

7/19/2025

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

Headline

Law&Company Raises USD 36.3 million in Series C2 Investment, Aims to Be the First LegalTech Unicorn
Law&Company raised USD 36.3 million in Series C2 investment, aiming to be Korea’s first legaltech unicorn. New and existing investors participated. The company plans to expand globally.

South Korea Announces $230 Million Investment in AI and Deep-Tech Startups
South Korea’s Ministry of SMEs and Startups is investing $230M in AI and deep-tech through the ‘NEXT UNICORN Project’ to cultivate global unicorns and secure technological leadership.

South Korea Launches Major AI Initiative to Bridge Startups with Corporate Giants
The initiative reflects South Korea’s broader strategy to maintain competitiveness in the global AI race by fostering innovation ecosystems that bridge the gap between cutting-edge research and practical business applications.

Check out the latest funding news for Korean startups

Amogy Secures $23M in Strategic Funding to Expand Ammonia-Based Zero-Carbon Power Systems
Amogy raised $23M to expand zero-carbon ammonia power systems, strengthening partnerships across Asia and accelerating clean energy adoption in maritime and land sectors.

TRIOAR Raises $16M in Series B to Advance Antibody-Based Drug Development Platforms
TRIOAR secured $16 million in Series B funding to accelerate development of innovative antibody and ADC platforms, aiming for global clinical trials and partnerships.

Furiosa AI Secures USD 7.2 Million Investment from Industrial Bank of Korea
Industrial Bank of Korea invests USD 7.2 million in AI semiconductor firm Furiosa AI, aiming to boost South Korea’s tech self-reliance and global competitiveness in AI.

Casual Game Developer ACTIONFIT Secures Series A Investment, Totaling USD 5.37 million
ACTIONFIT, a Korean casual game developer, has secured Series A investment totaling USD 5.37 million (KRW 7.4 billion) to expand its publishing and in-house game development.

ROVERS Attracts Pre-Series A Funding to Expand AI-Powered Agricultural IP Platform
ROVERS raised $1.4M to accelerate global seed IP commercialization and AI breeding development, aiming to streamline agriculture with data-driven solutions and international expansion.

YMYD Secures Funding from Samsung Fire to Advance AI Drug Risk Solutions
YMYD secured Pre-Series A funding from Samsung Fire to develop AI-driven drug risk management services for seniors, aiming to improve medication safety in Korea’s aging population.

Mandnda Raises Seed Funding for Game-Based Affiliate Platform Baaam!
Mandnda secured seed funding for Baaam!, its gamified affiliate marketing platform that connects influencers, fans, and brands through interactive commerce experiences.

Prop-Fintech Startup DEVD Secures Seed Investment to Expand Card-Based Rent Payment Platform
DEVD raised seed funding to scale Zipup, a credit card rent payment platform, targeting Korea’s vast rental market and expanding with financial partners and regional governments.

Meet startups that are striving for global expansion through exclusive interviews

[Korean Startup Interview] BS ONE Dominates Korean Ceramic Saggars Market for Battery Cathode Production
BS ONE crafts high-performance saggars for EV batteries, targeting USD 357M market by 2026. Supplies Posco Future M, plans LFP and recycling expansion.

[Korean Startup Interview] ASTAR, Marketing AI ‘AVICA’ Certified by Major Corporations… Expanding to SMEs and Global Markets
ASTAR raises USD 0.29M seed funding for AVICA, slashing marketing time by 99.5%. Targets USD 35.71B market, aiming for SaaS launch and global expansion in AI-driven CRM solutions.

LG Uplus Strengthens AI Ecosystem by Investing in Promising Early-Stage Startups
LG Uplus is investing in four early-stage AI startups through its “shift” program, aiming to drive innovation and ecosystem growth in partnership with Bluepoint via collaboration and PoC projects.

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