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We are back. Sort of.

Seoul Startups reports on the tech hype in Korea with a bite-sized weekly newsletter straight to your inbox. If you’ve been forwarded this email, give it a read and subscribe.

We couldn’t stay away

Although we were supposed to halt our weekly activities, we just couldn’t stay away from the hype of the Korean tech scene. We are back, with a bit a of simpler format, bringing you the newest bites of what’s going on in the Land of Morning Calm

Subjective News Headlines

A week in investment

  • Barogo (Delivery logistics) - USD71.2M USD series C from 11Street, CJ Group, LB Investment, YG Investment, Shinhan Venture Investment

  • Fastfive (Coworking space) - USD26.7M series E from Aarden Partners, CL Partners, Kakao Investment, Korea Development Bank, T.S. Investment, Korea Investment Partners, Atinum Investment

  • Twinny (self-operating robot) - USD 15.1M series B from Mirae Asset Capital, Log Investment, IBK Capital, YG Investment, IGIS Investment Partners, Pentastone Investment, Tiger Tech Investment, Hyundai Motor Securities

  • Yipscell (Biotechnology) - USD 10.7M series A

  • Motov (Mobility Advertisement) - USD 9.8M series B from Altos Ventures, TBT, Korea Development Bank, ID Ventures, Mirae Asset Capital, NauIB

  • Ringle English Education Service - USD 8.9M series A from Must Asset Management, One Asset Management, Xolon Investment, MoCA Ventures

  • VivaWave (hince) (makeup brand) - USD 8.9M series B from Mirae Asset Venture Investment, Premier Partners, CJ Olive Young

  • E-pop Sport (Say Voca) (AI English language app) - USD 8.9M series A from Atinum Investment, Bon Angels

  • Medistream (Traditional Chinese medicine platform) - USD 4.9M series A from KB Investment, Hana Ventures, Shinhan Venture Investment

  • NewNeek (contents platform) - USD 2.2M series A from Kakao Ventures, Shinhan Capital

  • H-Energy (Energy sharing platform) - USD 1.9M series A from KB Investment, DaDam Investment