Urban Labs, a technology company that develops vegetable alternative proteins using coffee waste(SCG, spent coffee ground), a by-product of coffee, has multi-closed the Seed 2 round by attracting additional investment. Big Bang Angels and Korea Omega Investment & Finance participated in this investment. Urban Labs is developing technology to produce customized raw materials, materials, and products by collecting discarded coffee grounds, extracting edible proteins and active ingredients, and using the extracted proteins to mix ingredients suitable for each purpose. The protein ratio of cof
Korean AI FinTech company, Quantit, has announced that it has secured a KRW 30 billion ($26.2 million) Series A investment from Smilegate Holdings. The company aims to commercialize asset management services based on big data and digital technology. Quantit completed its Series A round with the additional investment from Smilegate Holdings, which is celebrating its 20th anniversary and plans to become a global top-tier entertainment group in the next 20 years, as well as to foster the global financial sector. Quantit will collaborate with Smilegate to achieve innovation in digital technology-b
Photo: left: Yuk Jae-woo COO, right: CEO Lee Ho-min Make4U, the operator of online manufacturing service Your Factory Shop, announced that it has raised seed funding from Bone Angels. The amount of the investment is undisclosed. "Your Factory's service operation method is a good fit, and 'Make4U's CEO Lee Ho-min's understanding of the manufacturing industry is high, so we decided to invest," said Bone Angels. During the open beta test period, 80,000 visitors came to Your Factory to find a manufacturer, out of which KRW 4.6 billion in quotes were generated and KRW 3.2 billion in deals were sign
Doodlin, a leading enterprise recruitment management solution, today announced that it has secured a follow-on investment of KRW 10.6 billion from Murex Partners and others. This comes 14 months after raising KRW 4.3 billion in Series A funding in 2021. The investment was led by Murex Partners with new participation from Atinum Investments and follow-on investment from existing investors Altos Ventures, FuturePlay, Schmidt, and Primer. This brings the total amount of funding raised to KRW 15.9 billion. Doodlin is the provider of Greeting, an applicant tracking system 'ATS(Applicant Tracking Sy
Personal eyewear startup 'breezm' announced on Feb. 3 that it has secured a Series A investment of KRW 5.4 billion. The investment was led by existing investor Seoul Techno Holdings (Seoul National University Holdings), with new investors including Industrial Bank of Korea and Translink Investment. This brings the cumulative investment to Krw 10 billion. 'breezm' uses innovative technologies such as 3D printing, 3D scanning, and AI style recommendations to create personalized eyewear. Since its inception in 2017, the company has been offering 1:1 personal consultations between professional opt
MGRV, a real estate impact developer that operates the community-based residential service 'Living House Mangrove', announced on February 1 that it has closed a KRW 12.5 billion Series B bridge investment, bringing its total Series B funding to KRW 27.5 billion. The investment follows the company's KRW 15 billion Series B funding in 2021, bringing its total investment to KRW 32.5 billion. The bridge investment was led by TS Investment, with participation from H.B. Investment, E.S. Investor, Seoju Ventures, Simone Asset Management, and Shinhan Asset Management. In an investment market where cor
Pluglink, an electric vehicle (EV) charging platform, announced on the 7th that it signed an investment agreement with KDB KIAMCO, the largest alternative asset manager in Korea, for a total of KRW 15 billion for EV charger assets. Pluglink, acknowledged for its specialty in finance, introduced alternative investments in EV charger assets for the first time in Korea. Pluglink will provide total charging services for more than 7,400 EV chargers through this investment. By signing the investment agreement with KDB KIAMCO, Pluglink raised the investment worth of KRW 17 billion in cumulative asset
Dareesoft, which developed the AI-based real-time road hazard information service ‘RiaaS(Road hazard information as a Service)’, announced on November 25th that it had completed attracting a total of 5.5 billion won in Series A investment. With this investment, Dareesoft’s corporate will be valued at a total of 30.5 billion won. SBI Investment, E&Venture Partners, DA Value Investment, and Evergreen Investment Partners participated in Series A as investors. Dareesoft's cumulative investment exceeded 6.8 billion won with the Series A investment. Despite start-up investment slowing down due t
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