APR Corp. (APR), a global beauty tech company, was valued at an enterprise value of about KRW 1 trillion by CJ ONSTYLE. APR (CEO: Byunghoon “Victor” Kim) announced that it has attracted a pre-IPO investment of KRW 1 trillion from CJ ONSTYLE (CEO: Sanghyun Yoon). This investment, which was solely executed by CJ ONSTYLE, is the second investment the company has attracted this year following the pre-IPO investment in March in which NH-Soo Investment Innovative Growth M&A Fund, SJ Partners, and Industrial Bank of Korea participated. CJ ONSTYLE’s investment is based on the recognition of APR’s
MOMIT, the operator of the job experience-based resume service 'STARTING,' announced on the 26th that it has secured seed investment from the Credit Guarantee Fund. The investment amount remains undisclosed. MOMIT is a startup that has been developing a platform to provide practical project experience to job seekers without job-related experience by collecting successful project cases of employed talents and connecting them to employment opportunities. Despite the existence of numerous education and recruitment platforms, the recruitment risks and entry barriers for companies still remain a pr
photo : Signature Label Co-founders Global K-Beauty distribution startup Signature Label announced that it has raised pre-seed investment from D-camp (Banks Foundation for Young Entrepreneurs)and angel Investors. The investment amount remains undisclosed. Signature Label is a startup founded in March 2023. It distributes K-Beauty brand products worldwide, starting with the robust Hallyu (Korean Wave) markets such as Vietnam and Indonesia. Leveraging its validated network, it connects trustworthy local partners, assists in channel management and brand building, and helps establish marketing, di
credit : MUNTO MUNTO, an interest-based community platform in Korea, has raised approximately US$ 3.9 million in Series A funding round, bringing its total investments to US$ 5.9 million. New investors have joined the round including Z Venture Capital (ZVC) and Industrial Bank of Korea with existing investors, IMM Investment, Daekyo Investment, and Bon Angels Venture Partners. ZVC is a corporate venture capital (CVC) of Z Holdings, whose subsidiaries includes global mobile platform LINE and Yahoo Japan. MUNTO is an interest-based community platform that helps people to connect better online an
credit : phoneGO Refurbished electronic device subscription service, phoneGO, has announced that it has secured investments from Primer and Dcamp. The company behind phoneGO, Pierrot Company Inc. (CEO Minjin Park), offers a service where customers can subscribe starting from as low as 300 KRW per day or purchase refurbished electronic devices on installments. phoneGO provides an affordable solution for MZ generation users who prioritize experience and cost-effectiveness, by offering refurbished high-end devices that have undergone a strict refurbishment process to ensure their quality is resto
Urban Labs, a technology company that develops vegetable alternative proteins using coffee waste(SCG, spent coffee ground), a by-product of coffee, has multi-closed the Seed 2 round by attracting additional investment. Big Bang Angels and Korea Omega Investment & Finance participated in this investment. Urban Labs is developing technology to produce customized raw materials, materials, and products by collecting discarded coffee grounds, extracting edible proteins and active ingredients, and using the extracted proteins to mix ingredients suitable for each purpose. The protein ratio of cof
Korean AI FinTech company, Quantit, has announced that it has secured a KRW 30 billion ($26.2 million) Series A investment from Smilegate Holdings. The company aims to commercialize asset management services based on big data and digital technology. Quantit completed its Series A round with the additional investment from Smilegate Holdings, which is celebrating its 20th anniversary and plans to become a global top-tier entertainment group in the next 20 years, as well as to foster the global financial sector. Quantit will collaborate with Smilegate to achieve innovation in digital technology-b
Photo: left: Yuk Jae-woo COO, right: CEO Lee Ho-min Make4U, the operator of online manufacturing service Your Factory Shop, announced that it has raised seed funding from Bone Angels. The amount of the investment is undisclosed. "Your Factory's service operation method is a good fit, and 'Make4U's CEO Lee Ho-min's understanding of the manufacturing industry is high, so we decided to invest," said Bone Angels. During the open beta test period, 80,000 visitors came to Your Factory to find a manufacturer, out of which KRW 4.6 billion in quotes were generated and KRW 3.2 billion in deals were sign
Gangwon Creative Economy Innovation Center announced that it is recruiting the second round of participants for the '2023 Gangwon Local Venture Company Growth Stage Customized Support Project', which is promoted by the Gangwon Creative Economy Innovation Center to revitalize local entrepreneurship, until June 21. Anyone who is planning to start a local venture company or a business that utilizes local resources to increase the value and competitiveness of the region can apply. However, the business must be located in Gangwon-do or be planning to relocate. Selected companies will receive 20 mil
On March 7, the Gangwon Creative Economy Innovation Center held the opening ceremony of the '2023 5th Gangwon Online Marketer Training Project,' which is promoted by the Gangwon Creative Economy Innovation Center to train online marketing professionals and expand the online market sales of small businesses. Held simultaneously at Catholic Kanto University (Gangneung), Gangwon Innovation Center Regional Business Unit (Wonju), and Gangwon Innovation Center MOCA Square (Chuncheon), a total of 40 marketers, Gangwon Provincial Office Jobs Division Team Leader Lee Sang-bong, and other guests partici