Tech Seoul, Venture Square, and Starta VC signed a three-party MOU on March 22 and announced on the 4th that they will pursue joint projects for Korean startups to advance into the United States. The main details of cooperation agreed upon by the three companies are △Support for Korean startups to enter the U.S. market and support for attracting investment through Starta VC △Joint development and operation of a customized program tailored to the local situation in New York to expand Korean startups' overseas expansion △Support for Korean startups to enter the U.S. market This includes continuo
Global K-Beauty distributor Signature Label Inc. has announced that it has secured seed investment from CJ Investment and Atinum Partners. Signature Label supports the overseas expansion of K-Beauty brands and has introduced its skincare brand ZIGTAG to both domestic and international markets. Founded in March last year by CEO Jimmy Lee, who previously succeeded in the Southeast Asian expansion of domestic cosmetic brands Skin1004 and 9Wishes at B2Link, and Jinny Kim, co-founder and COO from startup accelerator Blue Point Partners. Currently, the company is engaged in distributing products for
Telechips and AURA have entered into an investment agreement to collaborate on automotive technologies. (Graphic: Telechips) Telechips, is looking to increase its presence in the advanced driver-assistance system (ADAS) and autonomous driving (AD) semiconductor market through investment in a digital imaging radar (RADAR) company. Telechips announced its agreement to invest an undisclosed amount in Aura Intelligent Systems (“AURA”), a radar technology solution development firm based in Boston, USA, on March 19th, 2024. Telechips joins existing investors including a semiconductor legend Ray Stat
Lansik inc. running AI glucose management solution 'Glucofit' announced on Feb. 27th that it has raised 1.2million won in pre-Series A round. This investment was led by Bon Angels, with participation from Capstone Partners, Infobank, and Dcamp. Glucofit, launched in November 2022, is the first glucose management solution in South Korea. The service was developed based on medical evidence that individuals' blood sugar responses can vary even when eating the same food. By attaching a Continuous Glucose Monitor (CGM) sensor to the arm and integrating it with the Glucofit app, blood sugar data can
Tech Seoul, a company that operates a new-concept online English news platform and curates global expansion for Korean startups, announced today that it has signed a business agreement with Venture Square, a leading Korean startup media, accelerator, TIPS operator, and VC, to support the global expansion of Korean startups. In collaboration with Starta VC, Tech Seoul's partner and New York-based top VC, the two companies will select startups from Venture Square's investment portfolio that are interested in entering the US market and regularly host Pitch Contests and Demo Days in New York to su
Fitogether Inc. announced today that it has been selected by Major League Soccer to be a part of the inaugural year of MLS Innovation Lab. The new program will shape the future of sports through the identification of cutting-edge startups and advanced technologies to help develop the next generation of athletes, enhance the fan experience and drive continued growth for MLS and its Clubs. Officially kicked off in December at MLS NEXT FEST in Arizona, MLS Innovation Lab is the latest initiative from Major League Soccer, which has been recognized as a global leader in innovation. Fitogether–the e
WhaTap Labs offers Monitoring Solution to Indonesia’s broadcasting company (credit: WhaTap Labs Inc.) WhaTap Labs, the Service as a Software (SaaS) monitoring company, announced on February 1st that it will provide its monitoring solution, “WhaTap,” for infrastructure servers and resource monitoring during the presidential election period of MNC, Indonesia's largest broadcasting company. MNC is recognized as Indonesia's largest broadcasting company, holding the top position in the Indonesian TV advertising market as of 2022. Recently, MNC has expanded its business scope into OTT (Over-The-Top)
credit : Aniai Aniai, a fast-growing robotic company and global leader in innovative kitchen solutions, has successfully secured a $12 million pre-Series A funding round. Led by InterVest, one of the largest venture capital firms in South Korea, the round includes investments from new investors, such as SV Investment and UK-based Ignite Innovation, as well as from an existing investor, Capstone Partners. This most recent investment brings Aniai’s total funding to date to $15 million. Founded in 2020, Aniai is a groundbreaking startup spearheading the innovation, development, and commercializat
credit : SellerNote SellerNote, the operator of the digital forwarding service 'ShipDa,' announced on January 23 that it has successfully secured an investment of KRW 6 billion. In this investment round, existing investors, Bon Angels Venture Partners and KB Investment, were joined by a new investor, Nvester. With this latest investment, SellerNote has attracted a total investment of KRW 13.6 billion, making it the largest investment in a startup engaged in international logistics business. Nvester, the lead investor in this round, explained the rationale behind the investment, stating, "The e
Elpis Labs and Oracle are once again joining forces to bring you Retail Experience Boost, an exclusive event packed with insights, networking opportunities, and potential funding for innovative retail startups. Mark your calendars for Monday, January 15th, 5:00 PM, and head to Elpis Labs in New York City for a front-row seat to the future of retail. Fireside Chats with CVC Leaders: Get inside the minds of industry giants like Cencosud CVC and Nvidia CVC as they share their perspectives on the ever-evolving retail landscape. Through engaging fireside chats, you'll gain invaluable insights into
i-ESG at CES 2024 i-ESG, a leading Software as a Service (SaaS) company specializing in AI and big data-driven ESG digital solutions, is set to participate in the prestigious 2024 International Electronics Fair (CES 2024) taking place from January 9th to 12th. CES, organized by the Consumer Technology Association (CTA), stands as the world’s largest technology fair, held annually in Las Vegas, USA. More than 3,000 exhibitors from 151 countries have pre-registered for CES 2024, and the CTA anticipates approximately 130,000 attendees this year. CTA Chairman Gary Sapiro mentioned that this year’s
RebuilderAI, a 3D technology startup, won the Innovation Award in the “Mobile Devices & Apps” category at CES 2024 for its mobile-based 3D content creating solution “VRIN 3D.” You can experience RebuilderAI’s solution at booth #61504 (Eureka Park) at CES 2024, held in Las Vegas in January 2024. RebuilderAI is a startup that retains 3D Reconstruction and Generative AI technology. Its growth potential is acknowledged and it has secured investment from Naver D2 Startup Factory, KB Investment, and INOX Ltd. RebuilderAI was recognized by major corporates, being selected for Samsung’s C-Lab acce
TechSeoul, VentureSquare, and Stata VC sign a three-way MOU to help Korean startups enter the U.S.
Global K-Beauty distributor company Signature Label Secures Seed Investment from CJ Investment and Atinum Partners
Telechips Invests in Boston-Based Radar Company, Aura Intelligent Systems to Expand Presence in Autonomous Driving Market
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