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
photo: Jiha Jung, the CEO of Tripbtoz To celebrate the launch of Tech Seoul, we started to meet CEOs representing Korean startups. Today, for the fourth time meeting, we interviewed Jiha Jung, the CEO of Tripbtoz. Interviews were conducted in writing. Good morning, Mr. Jiha Jung, thank you for taking the time to meet us today. An interview with Jiha Jung, the CEO of Tripbtoz, a innovative travel startup, will be a very interesting and informative moment for Tech Seoul readers. Q. Please introduce your company. Tripbtoz is the world's first metaverse travel platform. Through our services, users
Lifegoson Corp. announced on April 13 that its March sales grew 105% year-on-year to 54.2 billion won, surpassing 5 billion won in monthly sales for the first time, and its earnings before interest, taxes, depreciation and amortization (EBITDA), a measure of cash flow, turned positive for the first time. This marks a significant achievement for Lifegoeson. as it has focused on innovating the mobile laundry sector by upgrading its IT technology and infrastructure over the past three years, diversifying its business portfolio around laundry to become a comprehensive laundry company. LaundryGo, w
credit : SqueezeBits SqueezeBits, led by CEO Hyungjun Kim, has revealed a demonstration of image generation AI model, Stable Diffusion, optimized to run on Android smartphones. The demonstration highlighted SqueezeBits’ prowess in AI model optimization field, drawing interest from major corporations worldwide. SqueezeBits is a startup that specializes in making AI more efficient using model compression techniques. With excellent research and development capabilities in both AI algorithms and hardware, the company secured investments from Naver D2SF and Postech Holdings shortly after its foundi
Tripolygon announced that it has changed its name to UModeler in conjunction with the launch of its next-generation 3D modeling service. The name change reflects the company's focus on core capabilities as it aims to make advances in next-generation global 3D modeling services and to strengthen its brand identity as a leading 3D modeling service in the metaverse industry. UModeler, established in December 2018, is the developer of its eponymous real-time 3D modeling tool for Unity. It is the only Korean company to have established a verified solutions partnership (VSP) with Unity. In 2022, the
imgae : QueryPie Architecturecredit : QueryPie CHEQUER, Inc, a cloud data security solution startup, announced on the 13th that it has signed a contract with VESSL AI, a machine learning development platform, to provide a 'QueryPie' solution for data security in AI services. Through this agreement, CHEQUER will provide an enhanced data security environment by linking the mutual technologies of AI development, operation ,data security, and governance. It will apply a security system throughout the AI development process that combines machine learning operations and security operations, and buil
VEStellaLab, which develops and operates 'Watchmile', a parking navigation service that guides users to empty parking spaces in real time, announced today that it has signed a business agreement with PROVIEW GROUP JOINT STOCK COMPANY, a technology company specializing in AI in Vietnam, to enter the Vietnamese market at the KOTRA 2023 Boomup Korea Export Consultation held at COEX in Seoul on the 13th. PROVIEW GROUP JOINT STOCK COMPANY, which signed a business agreement with VEStellaLab, is a company with advanced technology and expertise and has been selected as one of the top 10 tech companies
photo: Hyoungsu Park, CEO of Dvotion To celebrate the launch of Tech Seoul, we started to meet CEOs representing Korean startups. Today, for the third time meeting, we interviewed Hyoungsu Park, CEO of Dvotion. Interviews were conducted in writing. Good morning, Mr.Hyoungsu Park, thank you for taking the time to meet us today. An interview with Hyoungsu Park, CEO of Dvotion, an alternative meat food-tech startup, has developed a new technology for plant-based fibers, will be a very interesting and informative moment for Tech Seoul readers. Q. Please introduce your company Dvotion is a food-t
credit : Nadio On the 14th, Eargada Co., Ltd., which develops and operates the short-form audio content platform ‘Nadio’, announced that it will launch ‘Nadio Studio’, an AI voice font-based audio content production service. Nadio Studio is a service that allows customers to create content with voice font (text-to-speech), an AI voice synthesized from their own voice, by typing in the desired sentence. The created audio content can be downloaded from the service for customers to utilize in various places, not just the Nadio app. In particular, Nadio Studio is the first in the industry to intro
IGAWorks, a big data platform company, announced on the 14th that it recorded 200.9 billion won in sales (operating revenue) on a consolidated basis in 2022. Group data-based ad handling amounted to 542.2 billion won, up 11% from the previous year, and EBITDA (net profit before interest, tax, depreciation and amortization) was 2.84 billion won, maintaining a surplus trend over the past three years. Although growth temporarily slowed down in the fourth quarter of last year due to the global economic crisis, igaworks continued to grow in double digits in both advertising revenue and sales, and t
credit : Annotation AI Annotation AI announced on the 11th that it participated in the ‘2023 Seoul Coffee Expo’ and introduced its technology to the food and beverage market through AI barista robots. The 2023 Seoul Coffee Expo is the largest coffee-specialized expo in Korea where it can identify trends in coffee-related machines, equipment, beverages, desserts, kitchenware, and IT solutions for stores. It was held in COEX Halls A and B for four days from April 5th to 8th, and this year, about 250 companies and 900 booths were operated. Seoul Coffee Expo selects and manages only 15,000 buyers,
Photo : Algocare’s IoT Nutrition Appliance (Algocare Nutrition Engine Pro 1) credit : Algocare, Algocare, an AI-based healthcare startup (CEO Jiwon Jeong), announced on the 12th that it has attracted investment from D-camp. Algocare is a company that provides personalized service-type nutrition management solutions (NaaS, Nutrition-as-a-Service) to individuals or corporations. Algocare NaaS analyzes users' health status and combines real-time nutritional supplements using healthcare AI and IoT nutrition management appliance. Its flagship product is "Algocare at Work" for businesses, and "Algoc
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UPDATE: December 10, 2024, 09:02 PM
