Classting, a Korean K-12 education social platform, raised approx. $4m in venture capital funding.
Temco, a Seoul, Korea-based startup preparing supply chain based on bitcoin (RSK), secured an institutional investment from Korea Investment Partners.
Muzika, a Seoul, South Korea-based blockchain digital music project, received an investment from Singapore-based NEO Global Capital *.
Cocos-BCX, a blockchain game development platform created by the founding team of Cocos2D-x, an open-source game development platform, raised $40m in financing.
Insignary, a Seoul, Korea-based provider of binary code scanning leader, received an investment of undisclosed amount.
Zepl, a Mountain View, CA-based collaboration platform built for data science teams by the creators of Apache Zeppelin, raised $5m in funding.
Studio XID, the Seoul, South Korea—based company behind ProtoPie, an interactive prototyping tool for digital product designers to turn their design ideas into prototypes, raised $3.5M in Series A funding.
Fantom Foundation, a Seoul, Korea-based blockchain platform, raised $40m in funding.
KKday, an Asian travel-experience platform, raised US$10.5m in funding.
Bespin Global, a Seoul, South Korea, and Shanghai and Beijing, China-based cloud management company, closed US$27m funding round.
Since the introduction of Bitcoin, South Korea has been in the forefront trading it. The country is one of the best-wired societies in the world and enjoys blazing-fast internet speeds. This has played a major role in making South Korea a hotbed of cryptocurrency.
SendBird, a Redwood City, CA-based global provider of chat API and messaging SDK for in-app chat and messaging, raised $16m in Series A funding.
Minkonet, a Seoul, South Korea and Los Angeles, CA-based gaming technology company, closed a $1m Pre-Series A funding round.
Baum, a Seoul, South Korea-based provider of solutions to optimize the power and energy efficiency of semiconductor designs, closed a Series A funding of undisclosed amount.
SparkLabs Group, a network of accelerators and venture capital funds, has launched a new $100m early-stage fund.