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Big Banks in Korea Invests in Startups through Strategic Funds
Banks in Korea such as KDB, Shinhan, and KB have participated in a variety of venture and growth funding rounds for innovative startups in Korea. While most are interested in the fintech sector, the latest investments also show their interest in new emerging technologies such as AI and Blockchain.…
6 Mistakes Global Brands Make When Entering South Korea
Having a localization strategy is key when entering new markets. This is no different for entering South Korea. South Korea is a fast-growing market for global brands looking to target tech-friendly consumers. The retail eCommerce space alone is estimated to reach $100 billion by 2024. South Korea…
N15 Partners Supports Korean Traditional Culture Startups
The 2020 Young Entrepreneurship Support Project for Korean Traditional Culture, a campaign hosted by the Ministry of Culture, Sports, and Tourism and organized by the Korea Craft & Design Foundation, was a huge success. In November 2020, the project opened applications to support early-stage…
The Most Innovative Image Recognition Startups in Korea
Most of the innovations when it comes to image recognition use AI technology and machine learning. Image recognition startups in Korea are looking for ways machine learning can take in data to not only make predictions but interprets the data, especially when it comes to texts, images, and videos.…
Korean DeFi Startups are Changing the Finance Industry in Korea
The finance industry in Korea is getting disrupted due to DeFi (Decentralized Finance). DeFi offers a different experience from traditional banking and opens up a world of possibilities for customers. Those that are driving the movement are Korean DeFi startups using Blockchain technology to cut…
Top Autonomous Vehicle Startups in Korea – Korean Mobility Startups
If you are a mobility startup, it is vital to incorporate AI, self-driving, or some kind of autonomous tech into your business. Mobility AI startups in Korea have gotten a lot of attention in 2021 and more and more startups are being formed in this space. However, there are new startups that are…
