Andy has lived in Korea since 2007 and is the Global Editor for VentureSquare.
Toss, a mobile money transfer app developed by fintech startup Viva Republica, has won the top prize at this year’s Google Play Korea App Awards. It’s the first time that only one app has been selected for the top prize at the annual awards. Toss gained…
The Gyeonggi Content Agency is seeing out 2016 with a VR and AR Demoday for its end of year party in Gwanggyo. Six companies, including three that are already part of Gyanggyo’s hub, will present their pitches and carry out investment workshops with industry experts.…
Yesterday healthcare accelerator Digital Healthcare Partners announced that it would be providing seed funding for 3billion, a Korean startup specializing in rare disease screening through human genome sequencing. 3billion is a spin-off of Macrogen, an international leader in DNA sequencing, and is developing a rare disease…
Agritech and Foodtech startups are invited to take part in the “Future Food Asia Awards” (FFAA) in January 2017. The competition, led by Singaporean investment and consulting firm ID Capital, is offering a grand prize of USD $100,000. Supported by the Economic Development Board of…
Healthcare startup Databank Systems launched its smartphone service ‘M-Care’ at Hanyang University Guri Hospital today, making it easier for patients to deal with bookings and payments during hospital visits. M-Care was developed as a solution to the complicated and cumbersome process patients go through when…
Five years ago on a fine spring day, I went and talked to a certain organization with a business plan and website proposal in hand for VentureStory (the name at the time). The head of this organization simply stared at me and said, “I’m sorry?…
Food delivery application “Baedalui Minjok“(Delivery People) has joined hands with Naver. Korea’s most popular portal site and the successful food delivery service which was created by the startup Woowa Bros. signed an MOU earlier today to collaborate in developing a new business model together. The two companies agreed to cooperate and seek out new business models in […]
As newspapers, magazines and other paper-based media go digital, some often wonder how long the traditional paper business card will stay around for. Business cards seem to have stuck around but one startup wants to take them out of your wallet and put them into your phone. Drama & Company launched its app and […]
Remember Dragon Flight? Often known as the second game to take Kakao’s game platform by storm following AniPang last year, developer NextFloor hasn’t given up on the game yet. Earlier this year the game was given an update which saw the addition of several new features and now the company has revealed that it has taken […]
CyberAgent Ventures’ is set to host Net Impact Korea this coming September. The event will bring together those involved at CyberAgent’s other branches around the world including the US, Japan, China, Thailand, Vietnam and Indonesia. CEO of Kakao Seok Woo Lee will also be attending the event where he will talk about his experiences as […]
That’s right, reward apps are making their way into every nook and cranny of your phone. Mobile advertising platform startup PlayMobs recently released its new app Reward Call. It allows users to get discounts and other benefits by installing the app which displays ads on the incoming call screen. Other reward apps such as CashSlide […]
Venture capital firm Formation 8 Partners kicked off “Formation 8 Day in Seoul” recently at Cheongdam’s CGV theatre and introduced its investment portfolio while expressing its desire to work closer with Korea. Formation 8 Partners was founded by five partners including recognized top Silicon Valley investors Joe Lonsdale, Jim Kim and Brian Koo. The global […]
Seoul City recently announced that its car sharing firm Socar had successfully attracted funding from leading emerging technologies fund, Collaborative Fund. Collaborative Fund supports emerging technologies and focuses on the sharing of resources and technology. The fund already has investments in many global companies leading the shared economy industry including Kickstarter, Skillshare, Taskrabbit, Codeacademy and Getable. Socar […]
According to ET News, Korean internet juggernaut NHN has announced a 100 billion won fund to support small and medium sized businesses following suspicions that the company was damaging the internet ecosystem and unfairly dominating the market. The move is a reaction to accusations of predatory behavior which has lead to an investigation from the […]
