Upstage, a pioneering AI company specializing in large language models (LLMs) and Document AI, today announced that it has raised $72 million in a Series B. With this latest investment, Upstage has now raised over $100 million since its founding in October 2020, making it the most-funded South Korea
Danggeun Market (Karrot), the publisher of South Korea’s local super app ‘Karrot’, achieved record-high revenue and its first turnaround since its establishment. Danggeun Market’s accomplishments are impressive, especially considering they were achieved during a global economic downturn. The company
Chey Min-jung, the younger daughter of Chey Tae-won, the chairman of SK Group, has recently founded a healthcare startup in the United States.According to industry sources on March 28, Min-jung has been listed as a co-founder of Integral Health, an AI-based healthcare startup established recently. T
Sam Bird (GBR) beats the heat with the Hankook iON Race to win the ABB FIA Formula E World Championship race in the Brazilian megacity of São Paulo. Despite an ambient temperature of 35 degrees, rising to around 60 degrees on the asphalt at the 2.933-kilometer high-speed circuit around the Anhembi S
On the 27th, the Contech startup Meissa announced that it had visited Abu Dhabi, UAE, as a member of One Team Korea from the Ministry of Land, Infrastructure, and Transport.The Ministry of Land, Infrastructure, and Transport's bid support team, led by Minister Park Sang-woo, visited Abu Dhabi to mat
barenbliss, a rising clean beauty brand from Seoul , is thrilled to announce the grand opening of its inaugural global flagship store ----the barenbliss Clean Beauty Archive Garden in Myeongdong. Meanwhile, the brand also announced a collaboration with Korlma Korea at the opening ceremony to establi
Dong-A ST announced on Jan. 10 that it signed a business agreement with Eleven Therapeutics to develop RNA-based gene therapies. The agreement was finalized at the J.P. Morgan Healthcare Conference in San Francisco on Jan. 9.The collaboration will focus on discovering RNA therapies targeting fibroti
Contents First, a global leader in digital comics specializing in IP development, production, distribution, and transmedia, announced today that it will begin publishing English e-book versions of romance fantasy web novels popularized by its Tappytoon reading platform. The Broken Ring: This Marriag
Contents First, the creator of Tappytoon and a global digital comics industry leader specializing in IP development, production, distribution, and transmedia, today announced its groundbreaking partnership with Penguin Random House’s new global pop-comics imprint, Inklore. In an unprecedented move t
SK pharmteco continues its trajectory to become the leading multi-modality CDMO by announcing it is acquiring a controlling interest in Philadelphia-based cell and gene therapy CDMO Center for Breakthrough Medicines (CBM), a move that will expand SK pharmteco’s technical expertise, production capaci
SK telecom (SKT) today announced that it is investing additional USD 100 million in Anthropic, an AI safety and research company based in San Francisco. This follows the previous investment from SK Telecom Venture Capital (SKTVC), the Silicon Valley-based venture capital arm of SKT. SKT has entered
SK Inc. has laid out an ambitious plan to invest 23 trillion won (US$17.82 billion) in eco-friendly initiatives by 2025, with a primary focus on “energy transition.” SK Group Chairman Chey Tae-won has shown keen interest in transforming SK’s business landscape from a petroleum-centric structure to o
The following article was written by James Tosdevin, a teacher and the Senior School Global Citizenship and Sustainability Lead at Dulwich College Seoul.From one extreme weather event to another, we are constantly reminded that the climate crisis is real and that we need to act immediately. One of h
IonQ, a leader in the quantum computing industry, signed a Memorandum of Understanding (MOU) with South Korea’s Ministry of Science and ICT (Information and Communications Technology) to educate quantum science and technology professionals and promote the creation of a local quantum ecosystem. The M
IonQ, a leader in quantum computing, today announced that it will take part in "Quantum Korea 2023," which will gather leading global quantum innovators from June 26 to 29 at Dongdaemun Design Plaza (DDP) in Seoul.Founded on more than 25 years of pioneering research, the U.S-headquartered company wi
Samsung Electronics Chairman Lee Jae-yong met with global CEOs of big pharmaceutical companies and bio-venture startup incubation companies in the eastern United States, the world’s largest bio-cluster, to lay the groundwork for the success of Samsung’s biotech business.According to Samsung Electron
Daewoong Pharmaceutical announced that it signed an agreement to license its autoimmune disease drug candidate DWP213388 to Vitalli Bio, a subsidiary of Aditum Bio, a U.S. biotech investment company, at the Korea-U.S. Digital and Bio-health Business Forum held in Boston, the United States, on April
The world has a plastic problem. This was the clear realization that drove Konrad Becker and his three co-founders in 2021 to establish Would You Love (WYL), a Seoul-based startup with a mission to make the world more sustainable. Motivated by reports that Korea was responsible for some of the world
SK C&C announced on April 6 that it signed an MOU with US venture capital firm Storm Ventures to discover startups with promising global technologies related to the B2B technology business and cooperate in business.The MOU signing ceremony, held at SK-u Tower in the Bundang district of Seongnam in G
SK Networks has made a major investment in an artificial intelligence (AI) startup in the United States. The investment was led by Choi Sung-hwan, president of SK Networks’ business division, who led a global investment briefing session last month.SK Networks announced on March 9 that it had investe