Press

 Speclipse, a developer of laser spectroscopic and AI-based medical diagnosis technologies, raised KRW 9B ($7.7M) in funding, bringing their cumulative investments to KRW 15.1B ($13M). The round was led by Signite Partners with participation from BNH Investment, Shinhan Capital, MiCo and M...

Brandi, an eCommerce company, announced on August 4 that it had successfully raised an additional KRW 20B ($17M) from Naver. With this investment, Brandy plans to accelerate its global expansion with Naver and plans to target the Japanese market in the fashion category as early as this year. Th...

Deepbrain AI (formerly Moneybrain), a conversational AI startup based in Seoul, South Korea, has raised $44 million in a series B round led by Korea Development Bank at a post-money valuation of $180 million. The capital will be used to expand the company’s customer base and operations globally, CEO...

Wanted Lab, the operator of an AI-based recruitment platform “Wanted”, has been listed on the KOSDAQ market on August 11. The company plans to use the raised funds for mergers and acquisitions to expand business opportunities, develop new/overseas businesses, and secure R&D talent. The com...

 The outbreak of COVID-19 marked the beginning of an economic turmoil around the world, making overseas business deals and expansions particularly difficult during these socially-isolating times. The Latin America and the Caribbean (LAC) region has been exceptionally hard-hit, currently facing...

 PABLO AIR, the South Korean-based drone delivery startup has announced that it has raised $8 million in Pre-Series B funding (Related link: https://bit.ly/2UtOByC ). The company will utilize the money to fund its global expansion plans. “We are happy to announce that we have raised $8 mil...

 Born2Global Centre held a Boot-X Program Demo Day for three days from July 6 for early-stage deep-tech startups. The top 20 selected finalists will partake in this year’s second annual Boot-X Program, an intensive overseas-expansion growth camp, to promote international growth into the US...

Born2Global Centre held an online IR meeting with a Singapore-based venture capital, KK Fund, on June 30. KK Fund, established in 2015, has been investing in early-stage startups for deep-tech internet and mobile companies, as well as promoting and nurturing global startup ecosystem partnerships....

 The Born2Global Centre released an article that highlights the Ministry of Science and ICT (MSIT)'s effort to support technology startups, included in the Korean Digital New Deal. As part of the Korean government MSIT, Born2Global Centre has played a crucial role by connecting Korean startups...

     Founded in 2015, Mathpresso is a global edtech company that provides educational content to students with the mission of providing the most effective education for all. They have developed their own AI-based optical character reading (OCR) technology that recognizes Korean a...