Alibaba Invests $71.4 Million in Korean Fashion Platform Ably, Boosting Its Valuation to $2.1 Billion
In a significant move signaling the growing importance of South Korea’s burgeoning online fashion market, Chinese e-commerce giant Alibaba Group…
Quantam Technology startup SDT Secures $14 Million in Pre-IPO Investment, Eyes IPO in 2025
Quantum computer manufacturing specialist SDT, announced that it has successfully raised KRW 20 billion (USD 14 million) in a pre-IPO funding round. This achievement marks a significant milestone as the company accelerates its plans to become Korea’s first publicly listed quantum technology firm by the second half of 2025. The…
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Dae-jung Park . 5 Dec 2024
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TIPS Overseas Marketing Global Expansion Support Program Virtual Demo Day on December 27, 2024
The TIPS Overseas Marketing Global Expansion Support Program Demo Day 2024, set to take place on December 27, 2024, from…
by Vallabh Rao . 2 Dec 2024
Vietnam Innovation Summit 2024: A Milestone Event for Asia-Pacific’s Innovation Landscape
The Vietnam Innovation Summit 2024, held in Ho Chi Minh City on November 15-16, 2024, brought together government officials, business…
by KoreaTechDesk Writer . 2 Dec 2024
Alchemist Japan Demo Day 2024 on December 19 to Showcase Emerging B2B Startups
Alchemist Japan will host its inaugural Demo Day on December 19, 2024, spotlighting nine startups working on innovative solutions in…
by KoreaTechDesk Writer . 1 Dec 2024
Korean Startup ‘Baropharm’ Secures $13.5 Million in Pre-IPO Funding, Totaling $28.6 Million in Investments
Baropharm, a Korean startup specializing in pharmacy management platforms, announced the successful completion of its pre-IPO funding round. The company…
by Daehyun Song . 30 Nov 2024
Ministry of SMEs and Startups Announces TIPS NEXT Strategy, Celebrating $10.7 Billion in Follow-up Investment
South Korea Ministry of SMEs and Startups unveiled the “TIPS Next Strategy” at a special event marking the 10th anniversary…
by KoreaTechDesk Writer . 28 Nov 2024
Popular posts
Baropharm, a Korean startup specializing in pharmacy…
by Daehyun Song . 30 Nov 2024 AI-based cybersecurity Korean company AI SPERA (CEO Kang Byung-tak) announced that it has secured an additional investment of 12 billion…
by Dae-jung Park . 26 Nov 2024 Meissa, a leading digital twin-based spatial information platform company from South Korea, has successfully raised over KRW 10 billion (7.1…
by Daehyun Song . 26 Nov 2024 South Korea’s largest global startup festival, COMEUP 2024, will take place at COEX in Seoul from December 11 to 12.…
by Jinju Jeon . 27 Nov 2024 The Korea Advanced Institute of Science and Technology (KAIST) has recently acquired South Korea’s first STYX high-throughput screening system, developed…
by Vallabh Rao . 28 Nov 2024 
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Meissa Secures $7.1 Million Investment to Drive Digital Twin Innovation, Accelerates IPO Plans for 2026
Meissa, a leading digital twin-based spatial information platform company from South Korea, has successfully raised over KRW 10 billion (7.1…
by Daehyun Song . 26 Nov 2024
AI SPERA Secures $8.5 million Funding to Boost Global Expansion of Cybersecurity Solution ‘Criminal IP’
AI-based cybersecurity Korean company AI SPERA (CEO Kang Byung-tak) announced that it has secured an additional investment of 12 billion…
by Dae-jung Park . 26 Nov 2024
Korean eSIM service provider Gadget Korea Showcases Superalink at Telecom World Asia 2024
Gadget Korea, a South Korea based leading provider of eSIM-based data roaming services, successfully participated in the prestigious Telecom World…
by KoreaTechDesk Writer . 25 Nov 2024
Gadget Korea Showcases Superalink eSIM Platform at GITEX 2024 in Dubai, Transforming Global Data Roaming
Gadget Korea, a leading Korean company in eSIM-based data roaming solutions, made waves at GITEX 2024 in Dubai with the…
by KoreaTechDesk Writer . 29 Oct 2024
Ministry of SMEs and Startups Announces TIPS NEXT Strategy, Celebrating $10.7 Billion in Follow-up Investment
South Korea Ministry of SMEs and Startups unveiled the “TIPS Next Strategy” at a special event marking the 10th anniversary of TIPS (Tech Incubator Program for Startups). The event was also celebrating the milestone achievement of securing 15 trillion KRW (10.7 billion USD) in follow-up investments. The event brought together over 400 participants, including TIPS operators, startup companies, and support organizations, to celebrate TIPS’ remarkable successes and outline the future direction of the program. Over the past decade, TIPS has been instrumental in shaping the success of South Korea’s tech startups. It has helped over 3,200 startups secure a total of 15 trillion KRW in investments and created more than 22,500 new jobs. The program, launched in 2013, is a collaborative effort between the Ministry of SMEs and Startups (MSS) and private sector experts, which identifies and nurtures innovative tech startups with government support for R&D and commercialization. The event featured a celebratory ceremony for the 15 trillion KRW (10.7 billion USD)milestone, with awards presented to outstanding startups and partners. These included the “Welcome to TIPS Excellence Award,” where three…
28 Nov 2024
South Korea Launches ‘Startup Korea Special Visa’ for Foreign Entrepreneurs and Startups
In a significant move to bolster its startup ecosystem, South Korea has launched the ‘Startup Korea Special Visa’ program, designed…
8 Nov 2024
Korean Ministry’s ‘Startup Korea Fund’ Exceeds Expectations with $629 Million, Fuels Strong Private Sector Participation
In a significant move to attract private-sector venture investment, the Korean government has announced the formation of the ‘Startup Korea…
19 Sep 2024
Ministry of SMEs and Startups Unveils $11.5 Billion Budget Plan for 2025: Boosting Global Expansion & Innovation for Startups
The South Korean Ministry of SMEs and Startups (MSS) has unveiled its ambitious budget plan for 2025, marking a significant…
2 Sep 2024
TIPS Overseas Marketing Global Expansion Support Program Virtual Demo Day on December 27, 2024
The TIPS Overseas Marketing Global Expansion Support Program Demo Day 2024, set to take place on December 27, 2024, from 10:00 AM to 12:00 PM KST, is set to play a key role in fostering connections within the Korean startup ecosystem. This virtual event, co-hosted by Korea Business Angels Association (KBAN) and beSUCCESS Media Group, is a strategic initiative aimed at connecting Korean tech startups supported by the TIPS program with international venture capitalists (VCs). beSUCCESS Media Group publications KoreaTechDesk and AsiaTechDaily are media partners for the event. The program is specifically designed to facilitate the global expansion of Korean startups by fostering meaningful connections, highlighting their innovation, and encouraging investment from international stakeholders. Click here to register to attend. Success stories of TIPS x beSUCCESS Showcase: Riiid: Secured $175M Series D from SoftBank Vision Fund 2 for AI education solutions, reaching unicorn status in 2022 bitsensing: Secured $25M Series B from global investors, HL Mando, Korea Development Bank, IBK Industrial Bank of Korea etc, for innovative radar technology Nota AI: Raised $19.9M Series C from STIC Ventures and LB Investment…
2 Dec 2024
Vietnam Innovation Summit 2024: A Milestone Event for Asia-Pacific’s Innovation Landscape
The Vietnam Innovation Summit 2024, held in Ho Chi Minh City on November 15-16, 2024, brought together government officials, business…
2 Dec 2024
Alchemist Japan Demo Day 2024 on December 19 to Showcase Emerging B2B Startups
Alchemist Japan will host its inaugural Demo Day on December 19, 2024, spotlighting nine startups working on innovative solutions in…
1 Dec 2024
Global Expansion Insights: Kristian Asani Shares Strategies for Startup Success
At the KoreaTechDesk Virtual Demo Day, Kristian Asani, Senior Associate at Silicon Gardens, shared his journey, investment philosophy, and advice…
28 Nov 2024
Global Expansion Insights: Kristian Asani Shares Strategies for Startup Success
At the KoreaTechDesk Virtual Demo Day, Kristian Asani, Senior Associate at Silicon Gardens, shared his journey, investment philosophy, and advice…
by Aditi Dave . 28 Nov 2024
Navigating Global Markets: Insights from Fintech and Innovation Expert Iskander Haouam
Iskander Haouam, a seasoned expert with over 15 years of experience in investment and entrepreneurship, brings a wealth of knowledge…
by Dae-jung Park . 15 Jul 2024
Floatic CEO Chan Lee on Leading Revolution in E-commerce Warehouse Automation with Visionary Strategy
Korean startup Floatic, a trailblazer in e-commerce warehouse automation, has recently made headlines by securing $3.8 million in its latest…
by Aditi Dave . 16 Jun 2024
Korean Startups Drive Innovation at Japan IT Week 2024 with KDB NextONE Program Support
Seven dynamic South Korean startups showcased their cutting-edge solutions on October 21, 2024, ahead of Japan IT Week (October 23-25).…
by Dae-jung Park . 20 Nov 2024
South Korea’s Top Startups Impress Silicon Valley Investors at 2024 Gangnam Global Roadshow
On October 29, 2024, the heart of Silicon Valley pulsed with innovation as the Korea Venture Business Association (KOVA) and…
by Vallabh Rao . 20 Nov 2024
KoreaTechDesk Global Mentorship Program: Inviting Global Industry Experts to Mentor Korean Companies for International Success
KoreaTechDesk Publication proudly introduces the Global Mentorship Program, a premium, confidential platform designed to connect Korean companies with world-class industry…
by Jinju Jeon . 8 Nov 2024
South Korea’s SaaS Innovations Shine at Japan IT Week 2024; Strengthening Tech Ties with Japan
The recently concluded Japan IT Week 2024 at Makuhari Messe in Chiba saw a remarkable showcase of South Korean innovation…
by Dae-jung Park . 1 Nov 2024
Top Co-working Spaces for Startups & Companies to Explore in South Korea
For startups, the beginning years are the most crucial ones, when the pitches to VCs are to be made, teams…
3 Apr 2024
Korean Legal Firm SEUM Emerges as a Premier Partner for Startups, Garnering Top Rankings
SEUM, a distinguished law firm based in South Korea, has solidified its position as a premier legal partner for startups,…
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Top Event Agencies in Korea For International Clients Seeking Global Excellence
In the dynamic landscape of South Korea, renowned for its innovation and rich cultural tapestry, choosing the right event planning…
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POPULAR POSTS
Baropharm, a Korean startup specializing in pharmacy…
by Daehyun Song . 30 Nov 2024 AI-based cybersecurity Korean company AI SPERA (CEO Kang Byung-tak) announced that it has secured an additional investment of 12 billion…
by Dae-jung Park . 26 Nov 2024 Meissa, a leading digital twin-based spatial information platform company from South Korea, has successfully raised over KRW 10 billion (7.1…
by Daehyun Song . 26 Nov 2024 South Korea’s largest global startup festival, COMEUP 2024, will take place at COEX in Seoul from December 11 to 12.…
by Jinju Jeon . 27 Nov 2024 The Korea Advanced Institute of Science and Technology (KAIST) has recently acquired South Korea’s first STYX high-throughput screening system, developed…
by Vallabh Rao . 28 Nov 2024