[Korean Startup Weekly News #7] InShorts Secures Victory at D.CAMP’s February D.DAY Focused on Global Expansion

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Period : Feb 26th – Mar 2nd, 2024

Headline

InShorts Secures Victory at D.CAMP’s February D.DAY Focused on Global Expansion
D.DAY 2024 highlighted global entrepreneurship with 202 startups, InShorts winning. JIRO unveiled Dropshot, Tammy AI’s media summarization gained users. ‘Tob&Bana’ innovates in cosmetic commerce, NUUA targets travel agencies. Moneystation’s platform grows, DBDLAB’s services reduce research time. SpaceT’s Vietnam interior platform integrates AI.

MSS Hosts K-Business Day 2024: Boosting Korean SMEs’ Entry into the Middle East
Korea’s Ministry of SMEs hosts “K-Business Day in Middle East 2024” on Feb 27th and 29th to support SMEs’ expansion into the Middle East, featuring one-on-one consultations and strategic collaborations

Latest Funding News

Check out the latest funding news for Korean startups

‘Caring’ Secures KRW 40 Billion in Series B for Elderly Care Expansion
Korean silvertech startup Caring raises KRW 40 billion in Series B funding to expand its nationwide elderly care infrastructure, aiming to innovate senior care services and diversify its business.

Open Asset Secures KRW 2.3 Billion for Token Asset Technology Development
Open Asset, a South Korean fintech specializing in token assets, secured a KRW 2.3 billion seed investment from Hana Ventures, Korea Investment Partners, and Mashup Ventures to enhance blockchain technology adoption.

The Real Group Secures 2 Billion Won Investment for Global Fashion Search Engine
The Real Group gets 2 billion won investment for global fashion search engine Realry, expanding into the sneaker market, eyeing global growth.

AM Management Secures Additional Pre-Series A Funding from Ulsan CCEI
AM Management, a Korean quant-based digital asset solution provider, secured additional pre-Series A investment from Ulsan CCEI, aiming for global expansion and market validation.

Korean Startup Interview

Meet startups that are striving for global expansion through exclusive interviews

[Korean Startup Interview] Poolix: Making New Paradigm in the B2B Food Market Through Digital Transformation
Poolix, an ambitious Korean startup aiming to transform the B2B food market through digital transformation and dreaming of global market entry.

Korean Venture Capital News

SOPOONG VENTURES Invests in Alternative Coffee Manufacturer ‘Prefer’
Korean VC SOPOONG VENTURES leads a $2 million seed investment in Prefer, a Singapore-based startup innovating in alternative and sustainable, bean-less coffee production.

AI Angel Club’s Impactful Journey: KRW 25 Billion Invested in 67 Startups Over Nine Years
Korea’s AI Angel Club has invested KRW 25 billion in 67 startups over nine years, achieving KRW 246 billion in follow-on investments, with a diverse portfolio and plans for future investments.

NewKIDS INVESTMENT Fuels Growth of Three Regional Startups : Waro, Dello, and LPartners
Korean VC NewKIDS INVESTMENT seeds funding in Waro, Dello, and LPartners, targeting community health, eco-friendly education, and business services to enhance local economies and tackle social challenges.

Others

MSS of Korea Hosts ‘2024 Venture Startup Talent Matching Festival’ in India for Global Venture Growth

The Ministry of SMEs and Startups (MSS) of Korea hosted a ‘2024 Venture Startup Talent Matching Festival’ in New Delhi, aiming to recruit global software talent for venture companies and bolster global venture ecosystems.

KISED and DMCC Sign MOU to Boost Korea-UAE Startup Cooperation

KISED and Dubai’s DMCC sign an MOU to foster startup exchanges and collaboration between Korea and the UAE, aiming to strengthen the global startup ecosystem.

NAVER and Samsung C&T Sign Agreement for Smart City Construction in Saudi Arabia

NAVER and Samsung C&T collaborate to expand future business ecosystems, focusing on digital transformation in spaces and construction innovation through ICT, targeting global markets including Saudi Arabia.

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[Korean Startup Weekly News #7] InShorts Secures Victory at D.CAMP’s February D.DAY Focused on Global Expansion

버섯돌이(Taehyun Kim)

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[Korean Startup Weekly News #7] InShorts Secures Victory at D.CAMP’s February D.DAY Focused on Global Expansion