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  • 2021-06-30 thumbnail

    Born2Global Centre helps innovative deep-tech startups enter the Colombian market

    Born2Global Centre signed a memorandum of understanding (MOU) with Innpulsa Colombia, a startup accelerator and incubator under the Ministry of Trade and Tourism of Colombia, on the 16th to develop a joint venture business model between Korea and Colombia and to attract global investments. Ac .... Read more

  • 2021-06-30 thumbnail

    Ringle, online English learning service with 1:1 tutoring, raises $18M Series A

    As Edtech startups continue to rake in investment with the newfound demand for remote learning, Ringle, the South Korea-based provider of one-on-one English tutoring lessons and a member of Born2Global Centre, has raised $18 million (KRW 20Bn) Series A funding led by Must Asset Management. The company .... Read more

  • 2021-06-30 thumbnail

    QueryPie, the data governance platform, becomes Okta Integration Network partner in Korea

    QueryPie, the data governance platform, now has verified integration with Okta and is available through the Okta Integration Network (OIN), for the first time in Korea. By enabling technical partnerships in addition to its affiliation with Okta's OIN Network, QueryPie intends to highlight more successful cust .... Read more

  • 2021-06-30 thumbnail

    4DLive: a real-time, bullet-time, multi-view video streaming service, to be expanded to global 5G mobile communication services

    Korea's 5G mobile communication service, the first commercialized service of its kind in the world, recently celebrated its second anniversary. Korea has already established itself in the global market as a successful example of establishment of a 5G infrastructure that is outstanding in both qua .... Read more

  • 2021-06-30 thumbnail

    AIMS enters Bolivian market with eco-friendly mobility solutions

    AIMS, a smart mobility specialty startup, will be providing an electric scooter battery-sharing platform throughout South America by starting with a pilot service in Santa Cruz, Bolivia in the second half of this year. AIMS will be introducing Korean domestic technology via the smart mobility electric .... Read more

  • 2021-06-30 thumbnail

    Born2Global Centre hosts New Economic Paradigm session with Seoul National University’s Global R&DB Center at international GSDV conference

    In collaboration with Seoul National University’s Global R&DB Center, Born2Global Centre successfully hosted the “Global Collaborative R&DB in Deep-tech for the New Economic Paradigm” session as part of the Green Smart Development and Vision (GSDV) conference held on June 24, the third day of the prog .... Read more

  • 2021-06-08 thumbnail

    Korean Startup Ecosystem Report – Edition 7 is now released

    Korea Startup Index 2020: This edition navigates insights and acts as a guide for all leaders in the global startup ecosystem. It is intended specifically for the benefit of all startups and for its supporters working all around the world. The first part of the volume introduces the start .... Read more

  • 2021-05-31 thumbnail

    THE.WAVE.TALK gets 2 billion KRW (~1.7 million USD) investment from SK

    THE.WAVE.TALK specializes in developing household water quality measuring devices and diagnostic bacteria infection devices, and this investment sums the cumulative amount to 9 billion won, or approximately 8 million USD. This last investment was made through Deep Impact Day, an impact investment .... Read more

  • 2021-05-31 thumbnail

    Born2Global Centre works toward fostering global software companies with Naver Cloud and other affiliates

    Born2Global Centre has joined forces with tech affiliates Naver Cloud, Korea Software Industry Association (KOSA), GS Global, and Yozma Group Korea to foster global software-as-a-service (SaaS) companies. The five-party business agreement (MOU) was signed on May 7th at Naver Cloud’s Gangnam offic .... Read more

  • 2021-05-31 thumbnail

    Education Communication Platform CLASSUM raises $6M

    EdTech startup CLASSUM has raised a $6M Series A funding round led by Pearl Abyss Capital and Storm Ventures along with existing investors Big Basin Capital and Smilegate Investment. “CLASSUM understands the core of communication, essential for education, that is missing from today’s LMS’s” says .... Read more

  • 2021-05-31 thumbnail

    VUNO’s AI application for stomach cancer detection gets global recognition

    AI is no stranger to the medical field, but VUNO - the first AI medical device company in Korea - has set a record in pushing beyond the boundaries of basic AI medical imaging solutions into the field of diagnostic pathology. VUNO has expedited preparations for clinical trials with the aim of o .... Read more

  • 2021-05-26 thumbnail

    Ministry of Science and ICT announces 15 future unicorns

    On May 17th, the Ministry of Science and ICT announced the final selection of 15 startups with high growth potential to become the next unicorns through the 2021 Global Information and Communication Technology Future Unicorn Promotion Project (ICT Growth Project), with “Unicorns” referring to startups .... Read more

  • 2021-05-26 thumbnail

    Healthcare startup 'Sky Labs' closes 22.5 billion KRW Series B round

    Sky Labs, a global healthcare startup, has closed a 22.5 billion KRW (~$20 million USD) Series B round, which brings its total investments raised to about 34.3 billion KRW (~$30 million USD). New investors, such as KB Investment, Korea Investment Partners, and LB Investment participated in this round .... Read more

  • 2021-05-26 thumbnail

    MoneyBrain launches interactive 'AI kiosk', eyes next generation unicorn

    The 'social distancing' times brought forth by COVID-19 has fundamentally changed the way our society functions, and the emergence of contact-free industries poses high expected value for future growth, as do technology-driven fields in this age of digital transformation. In other words, companies wit .... Read more

  • 2021-05-25 thumbnail

    Riiid raises $175 million in new funding from SoftBank Vision Fund 2

    Riiid Inc ("Riiid"), a leading AI education company and a member of Born2Global Centre, has raised $175 million investment from SoftBank Vision Fund 2*. To accelerate the pace of capturing opportunities in the global education market, SoftBank Vision Fund 2 led the round as the sole investor, which br .... Read more

  • 2021-04-28 thumbnail

    Born2Global Centre’s member startup Sendbird joins the Unicorn Club

    Sendbird, a Born2Global Centre member since 2016, has closed $100 million in Series C funding led by Steadfast Capital and has moved into the ranks of unicorn startups with a total valuation at $1.05 billion. The messaging and communications solutions startup offers businesses in-app integrations for .... Read more

  • 2021-04-28 thumbnail

    Ministry of Science and ICT to hold regular venture/startup IR briefings ahead of the 2nd Venture Boom

    The Ministry of Science and ICT has announced on the 4th that regular ‘contact-free IR briefings’ will be held starting this month among large corporations, venture capitalists, and policy financial institutions to support ventures and startups in the field of information and communication technology .... Read more

  • 2021-04-28 thumbnail

    Argentinian VC visits Korea for the inauguration of the Argentina-Korea Venture Capital Council (AKVCC) to promote investment of joint ventures

    Born2Global Centre announced on April 26th the establishment of the “Argentina-Korea Venture Capital Council (AKVCC)” to promote the investment of joint ventures between innovative deep-tech startups in South Korea and Latin America. The AKVCC was organized by the Argentine Embassy in Korea and ten gl .... Read more

  • 2021-04-28 thumbnail

    Qraft Technologies, an AI-based fintech startup, raises $9 million from Smilegate and Korea Development Bank

    Qraft Technologies, an AI fintech startup, announced on the 29th that it has successfully attracted an investment of 10 billion won ($9 million) from Smilegate and Korea Development Bank (KDB), with each investing $4.5million. They now have a cumulative investment of 20.6 billion won and are planning to b .... Read more

  • 2021-04-28 thumbnail

    Healthcare, COVID-19 response dominate CB Insights’ 2021 AI 100 startup list; Korean edutech startup Riiid gets a spot

    Artificial Intelligence (AI) is transforming the world and lives. Leading the AI revolution are tech startups across the globe. CB Insights, the US-based business analytics platform and global database that provides market intelligence on private companies and investor activities, has come out with it .... Read more

  • 2021-04-28 thumbnail

    Sonoma County Selects Alchera for AI-Based Wildfire Detection

    Korea's leading visual recognition AI firm, Alchera Inc. (Kosdaq:347860), today announced that has been formally selected by California's Sonoma County to provide early warning alerts of pending wildfire events. Alchera will offer consulting services to develop and deliver products utilizing state-of .... Read more

  • 2021-04-28 thumbnail

    Korean Startup Dable gets top ranking in media category in ‘FT Asia-Pacific High-Growth Companies 2021’ list

    Korean content startup Dable becomes a top-ranking company in the media category on the Financial Times Asia-Pacific High-Growth Companies for 2021. The online content platform has ranked 46th place out of the top 500 companies listed on the Financial Times Asia-Pacific High-Growth Companies for 2021. .... Read more

  • 2021-03-30 thumbnail

    GSIL attracts 1.5 billion KRW investment from Korea Credit Guarantee Fund

    Born2Global Centre’s member startup GSIL, a smart safety specialist, recently attracted 1.5 billion KRW (1.3 million USD) worth of investments from the Korea Credit Guarantee Fund. GSIL has been an active Born2Global Centre member since 2016 and developed a smart safety system that can ensure th .... Read more

  • 2021-03-30 thumbnail

    Transformative new measures announced by Korean government to fuel digital economy and promote global collaboration

    The focus of the “Korean New Deal”, announced by the government to ensure sustainable and impactful economic growth amid the pandemic, lies in the “Digital New Deal” in which AI algorithms are to be developed through AI/X projects currently underway for 5G and AI convergence and proliferation. Th .... Read more

  • 2021-03-30 thumbnail

    1:1 video English tutoring service 'Ringle' secures $8.9M Series A funding

    Ringle English Education Service Co., Ltd. (Ringle), a member company of Born2Global Centre, which provides 1:1 video English lessons with native-speaking tutors from prestigious U.S. and U.K. universities, has secured US$8.9 million in investments. The potential of Ringle, which is currently in the p .... Read more

  • 2021-03-29 thumbnail

    BlueSignal to take over European market with AI-based traffic prediction technology

    Born2Global Centre’s member startup BlueSignal is set to enter the German market, known as the traffic signal control powerhouse, with its future traffic prediction technology. BlueSignal announced on March 12th that together with Hamburg City Hall in Germany, it will provide a local future traff .... Read more

  • 2021-03-29 thumbnail

    Children’s Animations Startup “Chi Chi Ping Ping” from Busan advances into 3 major video platforms in China

    Born2Global Centre’s member startup Arimoa announced on March 10th that the Busan Tourism Organization's character ambassador, Chi Chi Ping Ping, will simultaneously launch services onto three video platforms with the greatest influence in China. According to Arimoa, “Aichii”, one of the three ma .... Read more

  • 2021-03-26 thumbnail

    Forum proposes Korea-Latin America digital cooperation to overcome COVID-19

    Minister of Foreign Affairs Chung Eui-yong on March 17 delivers a keynote speech at the Korea-LAC (Latin America and the Caribbean) Digital Cooperation Forum held at Lotte Hotel Seoul. By Yoon Sojung Jeon Han An international forum in Seoul has proposed bolstering digital cooperation between Kore .... Read more

  • 2021-03-26 thumbnail

    'Cooperation with Costa Rica to boost Korea's ties with Latin America'

    Costa Rican Minister of Foreign Affairs and Worship Rodolfo Solano Quiros in a March 18 interview with Korea.net proposed a green and inclusive approach as the only way to overcome the COVID-19-induced economic crisis. He is shown here delivering a speech on March 17 at the Korea-LAC (Latin America and the Ca .... Read more

  • 2021-03-26 thumbnail

    Domestically developed Korean satellite launched from Kazakhstan

    The domestically developed Korean satellite CAS500-1 (Compact Advanced Satellite 500-1) is launched on March 22 from Baikonur Cosmodrome, a spaceport in Baikonur, southern Kazakhstan. (Korea Aerospace Research Institute) By Lee Jihae Minister of Science and ICT Choi Kiyoung said, "This launch has laid .... Read more

  • 2021-03-26 thumbnail

    All vehicles in Korea to be emission-free by 2050: ministry

    The Ministry of Environment on March 2 released this year's planned measures to achieve the nation's carbon neutrality goal by 2050, saying all motor vehicles will eventually be eco-friendly. The photo shows the electric-powered Hyundai Ioniq 5 launched on Feb. 23. (Hyundai Motor) Yoon Hee Young and Kim Mi .... Read more

  • 2021-03-26 thumbnail

    Online IR Session Held by Born2Global Center and ADB Ventures

    The Born2Global Center and ADB Ventures held an online IR session on March 22 in order to help companies with innovative technologies enter Asia-Pacific markets and attract more investments. ADB Ventures is an arm of the Asian Development Bank (ADB) and is in charge of startup assistance. It is c .... Read more

  • 2021-02-25 thumbnail

    2021 Action Plan for Digital New Deal

    The government has adopted the 2021 action plan for "Digital New Deal", which is a key pillar of the Korean New Deal initiative at the first Korean New Deal Ministers' Meeting in the new year. Digital New Deal is a national innovation project that invests a total of 58.2 trillion won (44.8 trill .... Read more

  • 2021-02-25 thumbnail

    Electric Vehicle Integration Platform “Softberry” Raises Pre-series A Funding’

    Softberry, which operates the eco-friendly electric vehicle charging and payment service platform “EV Infra,” announced on January 28 that it has attracted strategic Pre-Series A investments from SK Rent-a-car, as well as ZER01NE by Hyundai Motor Company.Softberry plans to jointly carry out technological .... Read more

  • 2021-02-25 thumbnail

    4D Special Video Production Startup ‘4DReplay' Attracts $15 Million Overseas Investments

    4DReplay (CEO Hongsu Jung, Born2Global Centre member ‘21), a startup focused on specialized 4D video production, has successfully raised $15 million (worth KRW 16 billion) in investments.The cumulative total of 4DReplay's investments stands at $31.5 million, and its valuation is $213.5 million.Three domes .... Read more

  • 2021-02-25 thumbnail

    Born2Global Centre partners with young professional Korean-Americans toward a joint venture program

    In collaboration with Ygnite, the young professionals’ arm of the Korean-American Scientists and Engineers Association (KSEA), Born2Global Centre continues to promote cross-cultural partnerships through a joint venture global development project. The Ygnite 2021 Startup Showcase pitch competitio .... Read more

  • 2021-02-25 thumbnail

    Calling All Deep-Tech Startups: Apply for 2021 Born2Global Centre Membership

    The 2021 Born2Global Centre membership applications are opening next week! In search of the latest and greatest in deep-tech, Born2Global Centre will be opening membership applications from March 3rd to 31 for a new batch of startups with ICT convergence technology. Applications will be ava .... Read more

  • 2021-02-25 thumbnail

    Riiid researchers to host “Imagining Post-COVID Education with AI” workshop at AAAI 2021

    Riiid Labs, the global arm of AI-education company Riiid, has announced that researchers at Riiid will be hosting the Artificial Intelligence in Education (AIEd) workshop on Feb. 9 at the 35th annual Association for the Advancement of Artificial Intelligence (AAAI) virtual conference. At the workshop, ti .... Read more

  • 2021-01-28 thumbnail

    Here’s what Born2Global Centre has planned for 2021

    If 2020 has taught us anything, it is to expect the unexpected. Through the COVID-19 pandemic, Born2Global Centre has managed to launch PMF (Product-Market-Fit), and Boot-X programs for globalization of deep tech startups, create partnerships with multilateral development banks to boost entrepreneursh .... Read more

  • 2021-01-28 thumbnail

    Born2Global Centre’s member startups take a stand at the virtual CES 2021

    This year, more than 300 South Korean firms were showcased in the Consumer Electronics Show (CES) 2021, according to the organizer Consumer Technology Association. This is the second highest number after the United States, which has sent more than 560 participants. The world’s largest tech expo, .... Read more

  • 2021-01-28 thumbnail

    The Catalysis of LAC Exchange for Deep-Tech Innovative Solutions

    Born2Global Centre has been hosting a series of LAC-Korea startup online meet-ups as part of the Deep Tech Exchange Program of the IDB Lab to continuously engage Latin American and Caribbean countries for potential partnership opportunities. Through this initiative, Born2Global Centre provides the platfo .... Read more

  • 2021-01-28 thumbnail

    Content discovery platform Dable closes $12 million Series C at $90 million valuation to accelerate its global expansion

    Launched in South Korea five years ago, content discovery platform Dable now serves a total of six markets in Asia. Now it plans to speed up the pace of its expansion, with six new markets in the region planned for this year, before entering European countries and the United States. Dable announced to .... Read more

  • 2021-01-28 thumbnail

    Virtual Testing – South Korea’s MORAI is Helping Develop Safe Autonomous Vehicle Technology

    When you hear of self-driving cars, more often than not you hear about names like Tesla, Alphabet, Mobileye or even Apple. But behind these giant players are mobility companies, whose innovation and technology power some of the most critical work happening in the autonomous space right now. One o .... Read more

  • 2021-01-28 thumbnail

    Korean startup Green Labs gets $18 million in Series B funding

    Green Labs, an innovative blockchain-based ‘smart farming’ platform, has secured $18 million in Series B funding. With the funding round led by Hashed, a blockchain focused venture capital firm headquartered out of Seoul and San Francisco, Green Labs has raised $28 million in funding to date. .... Read more

  • 2021-01-28 thumbnail

    President: Korea is safe, stable investment destination

    President Moon Jae-in on Jan. 27 delivers a special address to the World Economic Forum 2021 via videoconferencing from Cheong Wa Dae. (Yonhap News) Xu Aiying and Yoon Sojung President Moon Jae-in on Jan. 27 called Korea a "safe and stable partner and investment destination." In a special add .... Read more

  • 2021-01-28 thumbnail

    Mobile negative pressure module developed for COVID-19 patients

    The Korea Advanced Institute of Science and Technology (KAIST) has installed at the Korea Institute of Radiological and Medical Services in Seoul's Nowon-gu District a mobile negative pressure isolation room for those critically ill with COVID-19. (KAIST) Lee Kyoung Mi and Lee Hana Domestic .... Read more

  • 2020-12-31 thumbnail

    Born2Global Centre signs MOU with Continental Automotive Korea

    Born2Global Centre, which supports technology companies' global expansion, announced on December 17th that it signed a memorandum of understanding (MOU) with Continental Automotive Korea, a global German company, on the 16th. Consequently, Born2Global Centre is planning to start verifying technologie .... Read more

  • 2020-12-29 thumbnail

    "Alchera Is Leaping Higher as a Global Leader," Presenting Future Strategies Just Before Being Listed on KOSDAQ

    Alchera, an AI image recognition startup and a member company of Born2Global Centre, has revealed its strategy and vision just before being listed on the KOSDAQ market as of December 21. Alchera provides a complete solution that covers collecting and editing of large-capacity image data, deep lea .... Read more

  • 2020-12-15 thumbnail

    VUNO Selected as a Korea Innovative Medical Device Company

    South Korean artificial intelligence (AI) developer VUNO Inc. joined the first batch of innovative medical device companies certified by the Ministry of Health and Welfare (MOHW) on Dec. 1, being categorized as an innovative takeoff-type business. As the soaring exports of South Korean COVID-19 t .... Read more

  • 2020-11-29 thumbnail

    Korea has world's fastest mobile internet for 2nd straight month

    Ookla, a U.S.-based web service that ranks internet connection worldwide, on Oct. 28 said Korea had the fastest mobile internet speed among 138 countries surveyed. (Screen capture from website of Speedtest's Global Index chart on left and Speedtest Awards' chart on right) By Kim Minji kimmj7725@ .... Read more

  • 2020-11-29 thumbnail

    Korea rises as production base for COVID-19 vaccines, medication

    Amid the COVID-19 pandemic, Korea is rising as a production base for vaccines and medication. Pictured here are researchers at SK Bioscience on Nov. 15 working at a lab. (Yonhap News) Kim Minji and Lee Hana Korea is rising as a production base for vaccines and medication for the COVID-19 pandemic. .... Read more

  • 2020-11-29 thumbnail

    lululab secures Series B funding led by Netmarble

    lululab, a member company of Born2Global Centre, has successfully attracted Series B funding from Netmarble, Korea's leading game developer, as well as from other companies. In addition to Netmarble, the firms L&C Bio, Global Medical Research Center, and CTK Investment are participating in this S .... Read more

  • 2020-11-27 thumbnail

    BlueSignal's 3 solutions towards future traffic: Signal Optimizer, Safe Driving Advisor, and Congestion Prediction

    BlueSignal, a member company of the Born2Global Centre and Sejong Technopark, uses an AI-based traffic prediction engine to develop diverse platform services that offer various traffic information, tailored to the needs of the transportation industry and related industries. The company develops innovativ .... Read more

  • 2020-11-27 thumbnail

    Autonomous vehicle simulation startup MORAI closes US$1.8M Series A funding round

    MORAI, Inc., a member company of Born2Global Centre and Sejong Technopark, has successfully secured US$1.8M in Series A funding round. The round includes investment from Kakao Ventures and Korea Credit Guarantee Fund (KODIT) as well as from an existing investor Naver D2SF (Naver D2 Startup Factory). .... Read more

  • 2020-11-27 thumbnail

    Korean self-driving car startup raises nearly $2 million

    Korean startup Autonomous a2z has garnered a seed investment of $1.9 million to develop autonomous mobility solutions for the Korean market. Founded in 2018, Autonomous a2z said it has started commercialization of ongoing projects and can provide services ranging from recognition of surrounding c .... Read more

  • 2020-11-27 thumbnail

    Quantum Gate Gearing up for Global Debut through Successful Entry of Public Market

    Quantum Gate, a Korean startup that specializes in smart traffic safety solutions, has been authorized by the Korean government to sell its intelligent vehicle speeding alarm system, UXDFS (User Experience Intelligent Driver Feedback System). Quantum Gate is a member company of Born2Global Centre and .... Read more

  • 2020-11-27 thumbnail

    BlueVisor Takes Second Place in Fintech Unicorn Battle in Asia

    BlueVisor, a member company of Born2Global Centre, placed second in the latest Fintech Unicorn Battle in Asia, receiving recognition for its technological prowess and business viability. The Fintech Unicorn Battle in Asia is a global pitch competition organized by Startup.Network. It provides an .... Read more

  • 2020-11-27 thumbnail

    Born2Global Centre accelerates the bilateral partnerships between Korea and Colombia

    Born2Global Centre, in collaboration with the ProColombia, hosted the Korea-Colombia startup online meetup focused on building bilateral partnerships (Joint Venture partnership prototypes) between startups of Colombia and Korea on November 26. The online meetup is designed to promote aspiring ent .... Read more

  • 2020-10-30 thumbnail

    Deep Tech for the New Normal: LAC-Korea Deep Tech Exchange Program

    IDB Lab and Born2Global Centre launch a new initiative for promoting deep tech exchange in IDB member countries by supporting the formation of partnership prototypes between startups in Latin America and the Caribbean and Korea. Learning from South Korea’s successful COVID-19 experience with deep te .... Read more

  • 2020-10-30 thumbnail

    [Success Stories #01] JLK Inspection, a leading company of the medical AI industry

    Image deciphering technology and a medical engineering Ph.D. join forces When JLK was first founded by CEO Kim Won-tae in 2014, the company specialized in display testing equipment that combined simple AI technologies and image deciphering technologies. In order to expand the company’s busine .... Read more

  • 2020-10-30 thumbnail

    [Success Stories #2] The undiscovered potential of the collaborative tool, JANDI

    A service that makes working easier Toss Lab was founded by four entrepreneurs who joined forces with the aim of becoming the greatest B2B startup in Asia. Kim Dae-hyeon, Toss Lab’s CEO, founded the company after gaining experience at big-name companies like LG and TMON. Doubling ann .... Read more

  • 2020-10-29 thumbnail

    SecuLetter signs partnership with Thailand's MSSP 'BlueZebra'

    SecuLetter, a member company of the Born2Global Centre, recently has signed a partnership agreement with BlueZebra, a Thai information security company, on the supply of SecuLetter's products. SecuLetter has been an active member company of the Born2Global Centre. BlueZebra is a mid-sized Managed Securit .... Read more

  • 2020-10-29 thumbnail

    Book on Korea's response to COVID-19 released in English

    As a response to heightened global interest in Korea's exemplary response to COVID-19, the government on Oct. 12 published the English-language book "All About Korea's Response to COVID-19." By Lee Hana and Lee Jihae http://www.korea.net/Government/Current-Affairs/National-Affairs/view?articleId=569 .... Read more

  • 2020-10-29 thumbnail

    Korea rises to 8th in digital competitiveness: IMD

    Korea this year ranks eighth in global digital competitiveness according to the Switzerland-based International Institute for Management Development (IMD). (IMD homepage) By Kim Hyelin and Yoon Sojung Korea ranks eighth this year in digital competitiveness, up two notches from last year. Th .... Read more

  • 2020-10-29 thumbnail

    Drones, robots leading evolution of noncontact delivery service

    The Ministry of Trade, Industry and Energy on Oct. 13 held a demonstration of a noncontact delivery service featuring drones and autonomous robots on Jangdo Island off the coast of Yeosu, Jeollanam-do Province. The photo shows a delivery robot used at the event. (GS Caltex) Kim Young Deok and Yoon Sojung .... Read more

  • 2020-10-29 thumbnail

    Korea to boost public Wi-Fi speed 500%

    The Ministry of Science and ICT on Oct. 15 said it will supply an unlicensed 6-gigahertz frequency band. The photo shows a KT technician on Sept. 24 installing equipment to boost Wi-Fi quality at a market in Seoul's Jung-gu District. (Yonhap News) Xu Aiying and Yoon Sojung The speed of Wi-Fi will get fi .... Read more

  • 2020-10-29 thumbnail

    Incheon airport adopts self-driving vehicles, cart robots in world 1st

    Incheon International Airport on Oct. 14 became the world's first airport to launch trial services for indoor self-driving vehicles (right) and cart robots. (Incheon International Airport Corp.) By Lee Kyoung Mi and Lee Jihae Incheon International Airport on Oct. 14 became the world's first airpor .... Read more

  • 2020-10-29 thumbnail

    Korea ranks 2nd globally in avg. 5G speed after Saudi Arabia

    Opensignal, a London-based mobile analytics company, said in its report "Benchmarking the global 5G user experience – October update" that Korea has the world's second-fastest average 5G speed at 336.1 Mbps after Saudi Arabia (377.2). (Yonhap News) Kim Young Deok and Lee Jihae This is according to Ope .... Read more

  • 2020-10-29 thumbnail

    Noncontact era spurs rise of robot labor in hospitality sector

    By Xu Aiying and Lee Jihae "I'm so busy, so busy." Robots on Oct. 8 looked quite busy at the Yeoksam Station branch of No Brand Burger in Seoul's Gangnam-gu District. A cooking robot was baking buns and frying patties based on order sequence and menu item. After cooking, it piled the food o .... Read more

  • 2020-10-29 thumbnail

    VUNO Ranked 1st at REFUGE2 (MICCAI 2020), with Its Deep Learning Algorithms for Glaucoma Detection

    Medical artificial intelligence (AI) solution development company VUNO Inc. announced that it ranked first in the Retinal Fundus Glaucoma Challenge Edition (REFUGE2). REFUGE2 was organized in conjunction with the 8th workshop of MICCAI(the Medical Image Computing and Computer Assisted Interventio .... Read more

  • 2020-10-28 thumbnail

    [Online IP Seminar 3] Crawling: Types of Disputes and Permitted Scope

    Born2GlobalCentre hosts a weekly seminar series, which invited lawyers presentintellectual property rights for startups. How important is Web Crawling in the field of Big Data? Web Crawling is an essential data collection technology in the age of Big Data. Maybe we might infringe on someone's rig .... Read more

  • 2020-10-23 thumbnail

    [Online IP Seminar 2] Software Development Contract and Fair Trade Act

    Born2Global Centre hosts a weekly seminar series, which invited lawyers present intellectual property rights for startups. In this lecture Yoonhee Kim concentrates on "Software Development Contract and Fair Trade Act". *Watch on Youtube>> https://www.youtube.com/watch?v=mpNe9pG_WKY&fbclid=Iw .... Read more

  • 2020-10-22 thumbnail

    [Online IP Seminar 1] Copyright Issues Involving Contents Created by Artificial Intelligence

    Born2Global Centre hosts a weekly seminar series for the next seven weeks, which invited Shin & Kim's lawyers present intellectual property rights lecture for startups. Shin & Kim is one of the largest and highly regarded law firms in South Korea. In accordance with Born2Global Centre and Shin & Kim col .... Read more

  • 2020-09-29 thumbnail

    Toss Lab competes Series B funding: $13M

    Toss Lab, provider of the enterprise collaboration tool JANDI, has raised $13 million in a Series B round, bringing its total fundraising to over $20 million. The round was led by SoftBank Ventures Asia, the venture arm of SoftBank Group. JANDI is an enterprise team collaboration platform with a .... Read more

  • 2020-09-29 thumbnail

    KASA Korea raises $7.8M in Series B funding

    KASA Korea, a property technology startup, has raised $7.8 million in a pre-series B funding round. The round was led by Korea Development Bank. Northern Light Venture Capital, Kona I Partners, and Kukbo Design also participated in the pre-series B round. With the fresh funds, KASA Korea became to ama .... Read more

  • 2020-09-29 thumbnail

    Born2Global Centre promotes collaborative partnerships between Korea and Argentina

    Born2Global Centre, with the collaboration of the Argentine Embassy in Korea and the support of IDB Labs, conducted the second online startup meetup on September 16, to promote the possibilities of joint venture. In light of the recent events of Covid-19 and the shift to the new normal paradigm, .... Read more

  • 2020-09-28 thumbnail

    President announces KRW 170T in funding for Korean New Deal

    President Moon Jae-in on Sept. 3 speaks at the first strategy meeting for the Korean New Deal held at Cheong Wa Dae. (Yonhap News) By Lee Hana President Moon Jae-in has announced funding of KRW 170 trillion for projects and businesses related to the Korean New Deal over the next five years and .... Read more

  • 2020-09-28 thumbnail

    Korea ranks 2nd in int'l patent applications in H1

    Despite the COVID-19 pandemic, Korea has shown a remarkable increase in the number of international patent applications filed this year. (Korean Intellectual Property Office) By Lee Kyoung Mi and Yoon Sojung Korea in this year's first half showed the world's second-highest increase in the number of .... Read more

  • 2020-09-28 thumbnail

    Forbes ranks Korea 3rd safest for COVID-19 among 100 nations

    The U.S. business magazine Forbes on Sept. 3 ranked Korea third safest for COVID-19 among 100 countries. (Screen capture from Forbes) Kim Minji and Lee Jihae Deputy Prime Minister and Economy and Finance Minister Hong Nam-ki, citing a Forbes survey ranking Korea the third safest for COVID-19 among 100 .... Read more

  • 2020-09-28 thumbnail

    Samsung releases screen with near-perfect fold, LG shape-shifting smartphone

    Samsung Display on Sept. 16 released a foldable panel with the world’s smallest curvature for a smartphone screen. (Samsung Display) Kim Minji and Yoon Sojung Samsung Display's breakthrough of the smallest OLED curvature on the market means a near-perfect fold for such smartphones. LG Electronic .... Read more

  • 2020-09-28 thumbnail

    Event in Sejong displays high-tech drones delivering food

    The Ministry of Land, Infrastructure and Transport on Sept. 19 held an event at Sejong Lake Park in Sejong Special Self-Governing City to test drones that deliver food, like the one pictured here. (Yonhap News) Kim Young Deok and Lee Jihae The event on Sept. 19 was the first time for drones to be shown .... Read more

  • 2020-09-28 thumbnail

    Korean-made AI curling robot beats skilled human team

    The artificial intelligence robot Curly in March 2018 prepares its stone for a test match at the Icheon Training Center of the Korea Paralympic Committee. At the time, Curly lost a two-end game against a high school team, 3-0. (Korea.net DB) Kim Young Deok and Lee Jihae An artificial intelligence ( .... Read more

  • 2020-09-28 thumbnail

    Startup Ecosystem Report: Born2Global Centre Releases Korea Startup Index 2019

    The Born2Global Centre has published the "Korea Startup Index 2019," which contains comprehensive information on the Korean startup ecosystem. The Born2Global Centre has been publishing the Korea Startup Index since 2014. Featuring new and exclusive content, it delivers insights on Korea's dynamic startup eco .... Read more

  • 2020-09-28 thumbnail

    WellsCare signs in-store contract with b8ta for IASO

    WellsCare, a member company of the Born2Global Centre, recently signed a store contract with b8ta, a famous American flagship store that is dedicated to innovative products. WellsCare has been an active member of the Born2Global Centre since 2019. Based on the contract, WellsCare will be selling .... Read more

  • 2020-09-28 thumbnail

    GSIL wins a series of contracts with Korean giant companies through 'Smart Safety System'

    GSIL is solidifying its position as a smart safety company through its successful contracts with large Korean companies in recent years. GSIL signed an order contract based on the provision of smart safety systems with leading domestic construction companies such as Samsung Engineering, Samsung C .... Read more

  • 2020-09-28 thumbnail

    [Monthly Funding Recap] Toss Lab and KASA Korea compete Series B funding round: $20.8M

    Toss Lab -- Series B funding: $13M Toss Lab, provider of the enterprise collaboration tool JANDI, has raised $13 million in a Series B round, bringing its total fundraising to over $20 million. The round was led by SoftBank Ventures Asia, the venture arm of SoftBank Group. JANDI is an enter .... Read more

  • 2020-08-31 thumbnail

    Looxid Labs named winner of SIGGRAPH 2020 Real-Time Live Contest

    Looxid Labs got selected as one of the winners in the real-time live contest of the world's largest computer graphics conference, SIGGRAPH 2020. Only 9 companies got selected as the finalists among all the candidates from all over the world. On August 26th, Looxid Labs introduced Looxid Link, a n .... Read more

  • 2020-08-31 thumbnail

    Noul malaria diagnosis platform, selected by RIGHT Fund

    The AI-based in vitro diagnostic medical device startup Noul was selected as a project to support the RIGHT Fund's program. Noul's miLab (Micro-Intelligent Laboratory) enables rapid and accurate diagnosis with a fully automated platform for microscopic reading, which is a standard for diagnosis o .... Read more

  • 2020-08-31 thumbnail

    Born2Global Centre, presents “Korea-Israel innovative ecosystem” webinar

    Bon2Global Centre organized a webinar on the theme of Innovation Ecosystem of Korea and Israel with Ministerio de Economía (MINEC), IDB Lab and Start-Up Nation Central. This seminar was held at the request of the Minister of Economy, El Salvador. Israel’s government is leveraging, seeking innovative .... Read more

  • 2020-08-28 thumbnail

    President Moon calls education 'core investment sector for new future'

    President Moon Jae-in on Aug. 18 gives a speech at Changdeok Girls' Middle School in Seoul's Jung-gu District at a meeting on the "Green Smart School" project. By Lee Kyoung Mi and Lee Jihae President Moon Jae-in on Aug. 18 called education "a core investment field for a new future" and said he ho .... Read more

  • 2020-08-28 thumbnail

    MR TIME successfully launches collaboration series with Ducati on Makuake

    MR TIME, an Apposter's wearable brand, has successfully launched its four smartwatch faces and two straps created through the collaborative efforts of MR TIME and Ducati, an Italian superbike brand, via Makuake, a crowdfunding platform(https://www.makuake.com/project/ducati_edition_strap/). MR TIME is .... Read more

  • 2020-08-28 thumbnail

    SecuLetter signs a partnership agreement with South Africa's 'Afriko'

    SecuLetter, a member company of the Born2Global Centre, recently has signed a partnership agreement with South African IT security company Afriko on the supply of SecuLetter's products. Seculetter has been an active member of the Born2Global Centre since 2017. Afriko is a midsize IT company headq .... Read more

  • 2020-08-28 thumbnail

    New test kit slashes diagnostic cost, time for COVID-19

    A new test kit that confirms the result of a test for COVID-19 within just 15 minutes is expected to reduce the burden of onsite hospital personnel. The photo above is of hospital staff on June 2 testing samples at a screening clinic in Bupyeong-gu District of Incheon. (Yonhap News) Kim Young Deok and .... Read more

  • 2020-08-28 thumbnail

    Seoul district opens 10 smart, virus-free bus stops

    By Kim Young Deok and Yoon Sojung Video = Seongdong-gu District Office High-tech bus stops that can protect commuters from viruses and fine dust and shelter them from snow and rain have been launched in Seoul for the first time. Seongdong-gu District Office on Aug. 10 said the ten "smart shelter" .... Read more

  • 2020-08-28 thumbnail

    7 Korean items tops in global market share

    The Japanese economic daily Nihon Keizai Shimbun said its survey of the global market shares of leading products and services found that seven Korean items including smartphones, OLED panels and shipbuilding topped their respective sectors in global market share. The photo above shows a woman on Aug. 8 trying .... Read more

  • 2020-08-28 thumbnail

    Outdoor robot that delivers food launched in Suwon

    The outdoor self-delivery robot Dilly Drive delivers food to Gwanggyo Alleyway, an apartment complex with public facilities on the lower floors and residences on the upper ones, in Suwon, Gyeonggi-do Province. (Woowa Brothers Corp.) Kim Young Deok and Lee Jihae Woowa Brothers plans to advance the tech .... Read more

  • 2020-08-28 thumbnail

    10,000 more public places to get free Wi-Fi by year's end

    The Ministry of Science and ICT on Aug. 20 said that by year's end, it will install free Wi-Fi at an additional 10,000 public facilities such as libraries and bus stops. The photo above is of a KT technician installing public Wi-Fi at the public library in Seoul's Eunpyeong-gu District. (KT) By Xu Aiying a .... Read more

  • 2020-08-28 thumbnail

    Ministry's sci-tech plan envisions futuristic Korea by 2045

    The Ministry of Science and ICT on Aug. 26 announced the plan "Science and Technology Future Strategies 2045" at the 12th meeting of the Presidential Advisory Council on Science & Technology in Seoul. (Ministry of Science and ICT) A few days ago in 2045, Su-yeong got a new tooth thanks to reproductive st .... Read more

  • 2020-08-28 thumbnail

    Korea shares COVID-19 election experience with Latin America

    The Ministry of Foreign Affairs and the National Election Commission on Aug. 19 held a videoconference with the Organization of American States to share with Latin America the Korean experience of holding a general election amid COVID-19. The photo above is of a voter in Korea's general elections on April 15 .... Read more

  • 2020-07-30 thumbnail

    President pushes 'new opportunity' amid global supply chain crisis

    President Moon Jae-in on June 29 chairs a meeting of his senior secretaries at Cheong Wa Dae. (Yonhap News) By Xu Aiying and Lee Jihae President Moon Jae-in on June 29 said, "We must go beyond defensive responses in the face of a crisis. We must shift to a more proactive stance to turn the global su .... Read more

STARTUPS OF THE WEEK

    • 1 AFUN INTERACTIVE
      Headquarters

      #401, 23, Seonyu-ro 49-gil, Yeongdeungpo-gu, Seoul, Republic of Korea

      Description

      Real-time Interactive 3D Digital human

    • 2 Wellscare Co.,Ltd
      Headquarters

      507, 5F, 107, Gwanggyo-ro, Yeongtong-gu, Suwon-si Gyeonggi-do, Republic of Korea / (US) 3580 WILSHIRE BLVD, STE 1460, LOS ANGELES, CA 90010

      Description

      The stylish, comfortable and safe home-care laser pain therapist IASO

    • 3 Riiid
      Headquarters

      29, Teheran-ro 87-gil, Gangnam-gu, Seoul, Republic of Korea

      Description

      Riiid is bring creative disruption to education market through AI technology.

    • 4 SSenStone Inc
      Headquarters

      #808, Digital-ro 30-gil 28, Guro-gu, Seoul, Republic of Korea

      Description

      StonePASS provides various authentication methods such as FIDO biometrics, security PIN, pattern, mOTP, etc. into a single solution.

    • 5 12CM
      Headquarters

      Pangyo Silicon Park A-501 Seongnam, Gyeonggi 13486, Republic of Korea

      Description

    • 6 SketchOn
      Headquarters

      Corporate Collaboration Center #85313, 2066, Seobu-ro, Jangan-gu, Suwon-si, Gyeonggi-do, 16419

      Description

      Harmless, Easy-to-Erase Printed Tattoos

    • 7 Dable
      Headquarters

      #301, 22, Nonhyeon-ro 79-gil, Gangnam-gu, Seoul, 06237

      Description

      Explain Your Business in One Line

    • 8 SMART STUDY
      Headquarters

      5F, 94, Myeongdal-ro Seocho-gu, Seoul, 06668

      Description

      Sing, Play and Learn with PINKFONG

    • 9 HYLIUM INDUSTRIES, Inc.
      Headquarters

      #3-326, Pangyo-ro 289beon-gil 20, Bundang-gu, Seongnam-si. Gyeonggi-do, Republic of korea

      Description

    • 10 Ovitz Corporation
      Headquarters

      260 East Main Street, Suite 6103 Rochester, NY 14604

      Description

      Compact, Fast, Portable Eye Diagnostic Device

    • 11 Lunit
      Headquarters

      169, Yeoksam-ro, Gangnam-gu, Seoul, Republic of Korea

      Description

      DIB is an imaging biomarker derived from large-sca

    • 12 linkflow
      Headquarters

      Yugi tower 13F, Teheran-ro 69gil 5, Gangnam-gu, Seoul Korea

      Description

      Wearable 360 degree camera company

    • 13 Exosystems, Inc.
      Headquarters

      #804, 815, Daewangpangyo-ro, Sujeong-gu, Seongnam-si, Gyeonggi-do, Republic of Korea

      Description

      Exosystems provides a new paradigm of rehabilitation with the slogan-“Fun @Home, Data Driven Rehab!”

    • 14 Visual Camp
      Headquarters

      Startup Campus #325, 289beon-gil 20, Pangyo-ro Bundang-gu, Gyeonggi-do, 13488

      Description

      Eye Tracking Technologies for Mobile VR Devices

    • 15 MOPIC
      Headquarters

      85307, corporate collaboration center, 2066 Seobu-ro, Jangan-gu, Suwon-si Gyeonggi-do, Korea 16419

      Description

      Your Breathtaking Mobile 3D Theater

    • 16 NEWRATEK
      Headquarters

      2~4F, Iksung Building, 6, Bongeunsa-ro 112-gil, Gangnam-gu, Seoul, 06170

      Description

      New Radio Communications for a New Era

    • 17 ZOYI Corporation
      Headquarters

      15F, KR Tower, 141, Teheran-ro Gangnam-gu, Seoul, 06132

      Description

      Growth Hacking for O2O Commerce

    • 18 Salted Venture
      Headquarters

      340 Nonhyeon-ro, Gangnam-gu, Seoul, 06227

      Description

      Fixing Golf Swings and Squats from the Feet

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