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Korean Startup Ecosystem Report – Edition 7 is now released

Korea Startup Index 2020: This edition navigates insights and acts as a guide for all leaders in the global startup ecosystem.

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LOUNGE’LAB launches ‘Barista Robot’ for coffee delivery

LOUNGE’LAB, a robot service startup, announced on July 12 that it will operate a robot barista named ‘BARIS Brew’ exclusively for delivery coffee at Lounge X Mapo, a barista-robot collaboration cafe.

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Digital dental care platform 'Kitten Planet' raises $4.3M Series A Led by Green Cross

In this round of investments worth about $4.3M (5B KRW), Inlight Ventures, an existing investment company, was newly joined by Green Cross Medical Science (GS MS), a specialist in diagnostic reagents and medical devices. With this investment, Kitten Planet and Brush Monster will aim to expand domestic and overseas reach and provide digital dental care services for all ages.

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Born2Global Centre hosts New Economic Paradigm session with Seoul National University’s Global R&DB Center at international GSDV conference

In collaboration with Seoul National University’s Global R&DB Center, Born2Global Centre successfully hosted the “Global Collaborative R&DB in Deep-tech for the New Economic Paradigm” session as part of the Green Smart Development and Vision (GSDV) conference held on June 24, the third day of the program. Established in 2011, this gathering of international leaders, innovators, policymakers, and scholars facilitates discussions of global transformation within 3 core streams: green, digitalization, and sustainability.

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Ringle, online English learning service with 1:1 tutoring, raises $18M Series A

As Edtech startups continue to rake in investment with the newfound demand for remote learning, Ringle, the South Korea-based provider of one-on-one English tutoring lessons and a member of Born2Global Centre, has raised $18 million (KRW 20Bn) Series A funding led by Must Asset Management. The company started the round with $9M funding in late March and closed the round early June with a total amount of $18M, the second largest Series A funding amount in the history of English education startups. The company is valued at $90 million (KRW 100 billion).

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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