All Funding Startup News in Korea (Korean Startup News)

Korean Startups Garner Mega Funding in January 2024

2024-02-12 2 min read

Korean Startups Garner Mega Funding in January 2024

Reading Time: 2 minutes

In January 2024, several promising Korean startups successfully attracted significant investments, showcasing the nation’s prowess in the global tech landscape.

Rebellions : Korean AI semiconductor startup Rebellions secured an impressive $140 million in Series B funding, reinforcing its commitment to technological innovation and expansion.

Myrealtrip : Renowned as a Korean travel super app, Myrealtrip successfully attracted KRW 75.6 billion in investment, aiming to strengthen its position through a robust super app strategy and expanding its market reach.

Elice : Elice Group secured a noteworthy KRW 20 billion investment from Vertex, highlighting its dedication to incorporating AI across infrastructure, platform, and content domains for comprehensive technological advancements.

Aniai : Robotics kitchen pioneer Aniai raised $12 million in pre-Series A funding, signaling its intent to expand its footprint in the burgeoning field of automated kitchens.

PYLER : PYLER, an AI video ad solutions provider, secured a substantial KRW 10.5 billion in Series A funding, positioning itself to lead in brand safety and revolutionize the digital advertising landscape.

bHaptics: XR technology leader bHaptics successfully raised KRW 10 billion in Series C funding, aiming to advance its innovative tactile solutions, further solidifying its position as a frontrunner in the XR tech space.

ORANGE SQUARE: The operator of the tourist-focused prepaid card WOWPASS, ORANGE SQUARE, secured KRW 10 billion in funding, indicating its dedication to expanding and enhancing its offerings for foreign tourists.

GeneCraft: GeneCraft, dedicated to advanced lung cancer gene therapy, raised KRW 10 billion in Series A funding, emphasizing its commitment to breakthroughs in genetic medicine and cancer treatment.

Coxwave: AI product analysis firm Coxwave secured $3.8 million in seed investment, providing a strong foundation for further innovation and global expansion of its AI-powered solutions.

These investments reflect the confidence of investors in the capabilities and potential of Korean startups, showcasing the nation’s prominence in the global tech ecosystem.

[Startup News in Korea]

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