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
Photo: inny Kim (Co-Founder, Signature Label) and Benny Yahya(Co-Founder, Beauty Haul) in MOU Signing Ceremony, Beauty Haul HQ, Jakarta, Indonesia Global K-Beauty distribution startup "Signature Label" announced that it has signed an MOU for business collaboration with "Beauty Haul," the leading beauty distributor in Indonesia. The two companies plan to explore extensive cooperation opportunities regarding the distribution strategies for Korean beauty products entering the Indonesian market, following the signing of the MOU. Through this collaborative partnership, Signature Label and Beauty Ha
credit : SPASS, SPASS, a Korean company specializing in artificial intelligence (AI) medical solutions, said its AI-based sepsis diagnosis solution, SpassageQ, has received FDA 510(k) clearance, also known as pre-market notification, local news reports said. SPASS, a company specializing in artificial intelligence medical solutions, said on Tuesday that its AI-based sepsis diagnosis solution, SpassageQ, has received 510(k) approval also known as pre-market notification from the FDA. The approval of the AI-based sepsis diagnosis software, SpassageQ, demonstrates that the field of medical AI sol
Photo : Duck Hee Han, CEO of Quantit To celebrate the launch of Tech Seoul, we started interviewing CEOs of Korean startups. Today, for the fifth installment, we sat down with Duck Hee Han, CEO of Quantit. This interview was conducted in writing. Hello, Mr. Duck Hee Han, thank you for your time. We think this interview with Duck Hee Han, CEO of AI fintech startup Quantit, will be very interesting and informative for Tech Seoul readers. Q. Please introduce your company Quantit is an AI fintech company that provides wealth management services to the vast public based on a balanced pursuit of va
Proptech startup SpaceV announced on the 15th that it has released the 2.0 version of its Android app for its home short-term rental platform,33m2. In this 33m2 version 2.0, extensive updates have been made to improve user convenience and service functions. △ Provides an intuitive and user-friendly interface with UI/UX improvements, △ Strengthens search and chat functions to help users quickly and efficiently find short-term rental housing they want. In addition, △ app stability has been improved through overall performance improvements. As a result of actively reflecting user feedback, users
INFINIQ at AVT Expo Europe 2023 INFINIQ, a prominent AI data specialist, has unveiled its technique to address the challenges faced by customers in the AI development. Through customer surveys, INFINIQ has identified that dataset quality verification remains one of the most difficult aspects for customers. Recognizing the importance of high-quality datasets in AI model training, companies dedicate significant time and cost in data labeling. However, they still need a reliable method to confirm the quality of the resulting dataset. To tackle this issue, INFINIQ offers a range of dataset quality
Adler's 3D gallery in NYC Times Square reflects messages typed on mobile. Pioneering 3D startup, Adler Inc., showcased their real-time 3D advertisement in New York Times Square from May 8th to 14th. Adler's 3D gallery in NYC Times Square reflects messages typed on mobile. In Times Square, visitors scanned a QR code on the billboard to project their personalized messages in real-time 3D space. Over 67,000 messages were displayed, including personal names and heartfelt tributes to beloved icons. Adler’s free advertising solution enables users to freely share their messages, without having to spe
Newploy which operates HR and payroll automation services, announced on the 1st that it has officially launched the Newploy Manager App, an integrated employee management service for enterprises and small businesses. The Manager App, which was officially released is equipped with NewPloy AI technology to provide a simpler and more automated payroll processing environment by creating a payroll ledger according to the latest Labor Standards Act, such as annual salary, daily salary, hourly salary, automatic calculation of retirement benefits, and automatic payroll transfer without external human
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