[Korean Startup Weekly News #111] Korea’s “Startup for All” Wants to Make Founding a Company an Option for Everyone

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

Headline

Korea’s “Startup for All” Wants to Make Founding a Company an Option for Everyone
South Korea’s “Startup for All” opens company-building to everyone — 5,000 founders, 500 mentors, a $33.4M fund, and 70%+ from outside Seoul.

Korean Government

Korea Wants Its Next Blockbuster Drug to Come From a Startup
Korea’s two top ministries unveil a joint full-cycle support plan for pharma biotech ventures, targeting blockbuster drugs and global licensing.

Latest Funding News

Check out the latest funding news for Korean startups 

Korean BMS Chip Startup Anabatic Semi Raises $10M Series A Follow-on Round
South Korean BMS chip startup Anabatic Semi raised a $10M (KRW 15B) Series A follow-on round, backed by Smilegate Investment, IBK, and EcoPro Partners. Mass production of its ABS8210 AFE IC is on the horizon.

Labrador Labs Raises $9.67M Series B to Push into North American Software Supply Chain Security Market
Labradorlabs raises $9.67M Series B to expand its SW supply chain security platform into North America. Investors include Shinhan Venture Investment & POSCO Technology Investment.

LPHYSIO Raises $200K to Expand Total Care Wellness Platform Beyond Body Care Device Sales
South Korea’s LPHYSIO raises $200K from Star Asset Partners to scale its integrated body care & wellness platform. Total investment reaches $267K.

Frefins Raises Strategic Investment from ACF to Advance Data-Driven Rental Receivables Analytics Platform
South Korea’s FreeFins lands strategic investment from NY-based Alantes Corporate Finance to expand its rental receivables SaaS platform into global structured finance markets.

KORBON Secures Strategic Investment from Sanyo Trading to Enter Japanese Battery Materials Market
Korean SWCNT startup KORBON lands strategic investment from Japan’s Sanyo Trading, gaining exclusive distribution partnership to break into Japan’s battery materials market.

Korean Startup Interview

Meet startups that are striving for global expansion through exclusive interviews

[Korean Startup Interview] UBITAS Biotech: Pioneering Next-Generation Protein Degradation Technology to Transform Cancer Treatment
UBITAS Biotech is pioneering Protea-Tac, a first-in-class protein degradation platform that eliminates disease-causing proteins without ubiquitin, achieving proven anti-cancer results.

[Korean Startup Interview] BioArchers: Revolutionizing Oral Drug Delivery with NanoLink™ Platform Technology
BioArchers develops NanoLink™, an oral drug delivery platform using mesoporous silica nanoparticles to transform injectable peptide drugs like GLP-1 into once-weekly oral treatments with dramatically improved bioavailability.

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