It’s beginning of Jangma (장마)

Korean tech scene news bits

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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.

Rain, Rain go away

It looks like it’s gonna rain for the next two weeks☔️

Subjective News Headlines

A week in investment

  • Mathpresso (Edu Tech) - USD49.8M series C from Yellowdog, GGV Capital, Korea Development Bank, Softbank Ventures, Legend Capital, Mirae Asset Ventures, Smile Gate Investment

  • The White Communication (AI Integrated Solution) - USD24M series B from Mirae Asset Venture Investment, SK Capital, HYK Partners

  • Hound13 (Game platform) - USD17.8M series B

  • Publy (Contents platform) - USD12M series B from DSC Investment, Intervest, Capstone Partners, Premier Partners, Mirae Asset Ventures

  • Codebrick (TokoTalk)(e-commerce) - USD11.7M series B from Altos Ventures, Bon Angels, Pearl Abyss Capital, Prodigy Investment, SBI Investment, Guardian Fund, The Wells Investment 

  • Wavebridge (financial platform) - USD6.2M series A from Ajou IB Investment, UNION INVESTMENT PARTNERS, Hashed

  • TicTocCroc (childcare platform) - USD5.3M series A from Korea Development Bank, Kyobo Insurance, Woomi Construction

  • Stayfolio (accomodation sharing) - USD4.5M 

  • Kitten Planet (Brush Monster) (digital dental healthcare) - USD4.5M 

  • Roadwin (car delivery service) - USD3.8M series B from WIDWIN INVESTMENT, A Ventures, RICH Asset Management

  • FNS Holdings (fashion contents) - USD3.7M series A from OpenWater Investment, SangSang Ventures, Korea Asset Investment & Securities, Winvest Venture Capital, iPLUS CENTER

  • True Technologies (fintech) - USD3.1M series A from Stonebridge Ventures, Shinhan Capital, KB Investment, KIWOOM INVESTMENT, Hana Capital Investment, Korea Growth Capital Investment

  • Future Kitchen (robot) - USD2.6M seed from Hashed, Nongshim, Nongshim Engineering, Stonebridge Ventures

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