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H2O Hospitality, a vacation rental management company in Japan announced on Feb. 4 it has raised US$7 million in Series B funding from Korea’s venture capitals. Led by Samsung Ventures, Stonebridge Ventures, IMM Investment, and Shinhan Capital also joined the funding round that came as the two-y...
In the past two years, The Investor team has covered news from inside and outside South Korea and one big question we always kept in mind was how Korean startups go beyond the country that is isolated by oceans and the borderline with North Korea. But when we turned around once, there was a growing...
There is a nonprofit organization that might be harder to get into than the prestigious Harvard University. While the Ivy League university had an acceptance rate of 4.5 percent in 2019, more than 6,240 people applied for 40 job openings at Charity: Water, according to founder and CEO Scott Harris...
Asia Film Lab announced on Jan. 27 that it is inviting Korean applicants for a Masterclass Film Workshop by Hollywood choreography and movement director Francesca Jaynes, scheduled to be held in Seoul over Feb. 5-9. This is to be AFL’s first Masterclass Film Workshop in Asia. Since 2014, AFL has ...
In a dark basement club in Seoul on Friday, scores of 20-somethings got themselves into the spirit, cracking up with laughter and hollering at one another. Soon, people filling up the basement broke up into eight teams. They were given 15 minutes to come up with business ideas. Each team took turn...
Global carmakers are paying closer attention to lidar-based sensing technology for better detection of objects on the road. Lidar, which involves sending out light pulses and detecting objects by analyzing the light reflected off targets, will likely be applied to fully autonomous vehicles in the ...
When Pepper, the semi-humanoid robot created by Japan’s telecom company SoftBank, was first introduced to the world in the summer of 2014, it was called revolutionary. The robots were quickly snapped up. However, after the initial three-year contract expired, only 15 percent of the users were wil...
South Korean mobility platform Tada on Jan. 9 announced that foreigners with overseas phone numbers and credit cards can now use the app. Tada, operated by VCNC, said its recent updates allow foreigners to download and register with non-Korean phone numbers and credit cards. It also has improved ...
For decades, free door-to-door food delivery service has been a common option for all kinds of South Korean restaurants. Not just pizzas, fried chicken and Chinese food, but also soups and meat dishes are just a phone call away – for delivery to homes, offices and even parks and other public spac...
SuperBin, a clean tech startup in South Korea, said Jan. 7 it is raising Series B funding. The five-year old company is planning to raise 20 billion won ($17 million) in the latest funding round. The two existing investors -- Consumer electronics company Humax and TBT, a venture capital backed by...
Investment in startups increased 22 percent on-year in the first 10 months of the year, driven by hopes of lucrative returns and policy backup, data showed Dec. 23. A total of 3.82 trillion won ($3.29 billion) was invested in promising startups in the January-October period, compared with 2.89 ...
Launched in January 2018, Romania-based startup TPS Engage is dedicated to a technology that allows outdoor digital signage to show the right advertisements at the right time to the right target group. The company’s capability to exercise ad-tech, dubbed digital-out-of-home, led to its fast expan...
In the next-generation car, a driver can stay focused without interruption even if each passenger plays music or a movie of his or her taste without earbuds and partitions between the front and rear seats, because there will be a noiseless ambience at the driver's seat. The promising world of “in...
CJ ENM’s home shopping division announced on Dec. 18 that it has signed a partnership deal with government-led startup coworking and support program operator Seoul Startup Hub. As their first project together, they agreed to start operating a program “Challenge! Startup” to support local startu...
Seoul-based early-stage technology investor FuturePlay announced on Dec. 17 that the combined value of its portfolio startups exceeded the 1 trillion won ($858.2 million) milestone. The value of the 100 portfolio startups, which received a combined 18.1 billion won in investment from FuturePlay, s...
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