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Startup Ecosystem Report: Born2Global Centre Releases Korea Startup Index 2019

The Born2Global Centre has published the "Korea Startup Index 2019," which contains comprehensive information on the Korean startup ecosystem. The Born2Global Centre has been publishing the Korea Startup Index since 2014. Featuring new and exclusive content, it delivers insights on Korea's dynamic startup ecosystem and introduces companies aiming to enter the global market.

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Born2Global Centre promotes collaborative partnerships between Korea and Argentina

Born2Global Centre, with the collaboration of the Argentine Embassy in Korea and the support of IDB Labs, conducted the second online startup meetup on September 16, to promote the possibilities of joint venture. In light of the recent events of Covid-19 and the shift to the new normal paradigm, it has been difficult for bilateral partnerships to occur between companies of different countries, pushing the South Korean government to focus on the “untact” economic strategy, as well as announcing the “Digital New Deal” policy.

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President announces KRW 170T in funding for Korean New Deal

President Moon Jae-in has announced funding of KRW 170 trillion for projects and businesses related to the Korean New Deal over the next five years and a policy fund worth KRW 20 trillion to invest in related sectors. At the first strategy meeting for the Korean New Deal on Sept. 3 held at Cheong Wa Dae, he predicted that this new national strategy will "open the future of the Korean economy through New Deal funds and New Deal financing."

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KASA Korea raises $7.8M in Series B funding

KASA Korea, a property technology startup, has raised $7.8 million in a pre-series B funding round. The round was led by Korea Development Bank. Northern Light Venture Capital, Kona I Partners, and Kukbo Design also participated in the pre-series B round. With the fresh funds, KASA Korea became to amass over $20 million to date.

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Toss Lab competes Series B funding: $13M

Toss Lab, provider of the enterprise collaboration tool JANDI, has raised $13 million in a Series B round, bringing its total fundraising to over $20 million. The round was led by SoftBank Ventures Asia, the venture arm of SoftBank Group.

startups of the week

    • 1 AFUN INTERACTIVE
      Headquarters

      #401, 23, Seonyu-ro 49-gil, Yeongdeungpo-gu, Seoul, Republic of Korea

      Description

      Real-time Interactive 3D Digital human

    • 2 Wellscare Co.,Ltd
      Headquarters

      507, 5F, 107, Gwanggyo-ro, Yeongtong-gu, Suwon-si Gyeonggi-do, Republic of Korea / (US) 3580 WILSHIRE BLVD, STE 1460, LOS ANGELES, CA 90010

      Description

      The stylish, comfortable and safe home-care laser pain therapist IASO

    • 3 Riiid
      Headquarters

      29, Teheran-ro 87-gil, Gangnam-gu, Seoul, Republic of Korea

      Description

      Riiid is bring creative disruption to education market through AI technology.

    • 4 SSenStone Inc
      Headquarters

      #808, Digital-ro 30-gil 28, Guro-gu, Seoul, Republic of Korea

      Description

      StonePASS provides various authentication methods such as FIDO biometrics, security PIN, pattern, mOTP, etc. into a single solution.

    • 5 12CM
      Headquarters

      Pangyo Silicon Park A-501 Seongnam, Gyeonggi 13486, Republic of Korea

      Description

    • 6 SketchOn
      Headquarters

      Corporate Collaboration Center #85313, 2066, Seobu-ro, Jangan-gu, Suwon-si, Gyeonggi-do, 16419

      Description

      Harmless, Easy-to-Erase Printed Tattoos

    • 7 Dable
      Headquarters

      #301, 22, Nonhyeon-ro 79-gil, Gangnam-gu, Seoul, 06237

      Description

      Explain Your Business in One Line

    • 8 SMART STUDY
      Headquarters

      5F, 94, Myeongdal-ro Seocho-gu, Seoul, 06668

      Description

      Sing, Play and Learn with PINKFONG

    • 9 HYLIUM INDUSTRIES, Inc.
      Headquarters

      #3-326, Pangyo-ro 289beon-gil 20, Bundang-gu, Seongnam-si. Gyeonggi-do, Republic of korea

      Description

    • 10 Ovitz Corporation
      Headquarters

      260 East Main Street, Suite 6103 Rochester, NY 14604

      Description

      Compact, Fast, Portable Eye Diagnostic Device

    • 11 Lunit
      Headquarters

      169, Yeoksam-ro, Gangnam-gu, Seoul, Republic of Korea

      Description

      DIB is an imaging biomarker derived from large-sca

    • 12 linkflow
      Headquarters

      Yugi tower 13F, Teheran-ro 69gil 5, Gangnam-gu, Seoul Korea

      Description

      Wearable 360 degree camera company

    • 13 Exosystems, Inc.
      Headquarters

      #804, 815, Daewangpangyo-ro, Sujeong-gu, Seongnam-si, Gyeonggi-do, Republic of Korea

      Description

      Exosystems provides a new paradigm of rehabilitation with the slogan-“Fun @Home, Data Driven Rehab!”

    • 14 Visual Camp
      Headquarters

      Startup Campus #325, 289beon-gil 20, Pangyo-ro Bundang-gu, Gyeonggi-do, 13488

      Description

      Eye Tracking Technologies for Mobile VR Devices

    • 15 MOPIC
      Headquarters

      85307, corporate collaboration center, 2066 Seobu-ro, Jangan-gu, Suwon-si Gyeonggi-do, Korea 16419

      Description

      Your Breathtaking Mobile 3D Theater

    • 16 NEWRATEK
      Headquarters

      2~4F, Iksung Building, 6, Bongeunsa-ro 112-gil, Gangnam-gu, Seoul, 06170

      Description

      New Radio Communications for a New Era

    • 17 ZOYI Corporation
      Headquarters

      15F, KR Tower, 141, Teheran-ro Gangnam-gu, Seoul, 06132

      Description

      Growth Hacking for O2O Commerce

    • 18 Salted Venture
      Headquarters

      340 Nonhyeon-ro, Gangnam-gu, Seoul, 06227

      Description

      Fixing Golf Swings and Squats from the Feet

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Business Report Statistics

Business Report Statistics
  • 13113

    Consulting
    Service

  • 779

    Overseas
    Patent Application

  • 84

    Overseas
    Incorporation

  • 2424

    Number of
    Supported companies

  • 456

    Overseas Business
    Contract and Partnership

  • 8191

    Attracted
    Investment

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