BRV Capital Launches Mobility Fund I
BRV Capital, the global tech-focused growth equity arm of BlueRun Ventures, launched its Mobility Fund I.
South Korea
DRX Receives Investment from Wemade
DRX, a Korean esports company, received a strategic investment from Wemade.
Speak Raises $27M in Series B Funding
Speak, a South Korean startup that uses artificial intelligence to help people learn English, raised $27m in Series B funding.
Global Games Solution GXC Launches $40M Fund Focused on the Future of Gaming
GXC, a Korean provider of a global solution for the video game industry, has launched Round Ventures, its new $40M+ venture fund focused on investing in early stage games startups.
Classum Raises $11M in Pre-Series B Funding
Classum, a Seoul, South Korea, provider of an interactive learning platform for corporations and universities, raised $11M in Pre-Series B funding.
Naver to Buy Poshmark, for Approximately $1.2 Billion
Naver Corp. (KRX: 035420), a Seongnam, South Corea-based provider of an e-commerce platform, acquired Poshmark, Inc. (NASDAQ: POSH), a Redwood City, CA-based provider of a social e-commerce marketplace.
bitsensing Raises $10M in Series A Funding
bitsensing, a Seoul, South Korea-based 4D imaging radar solution company, raised $10M in Series A funding.
Carrot General Insurance Raises US $250M in Third Funding; Valued at Over US $850M
Carrot General Insurance, a Seoul, South Korea-based digital insurance carrier, raised US $250M in third funding at a valuation of Over US $850M.
Park Systems Acquires Accurion
Park Systems Corp. (KOSDAQ: 140860), a Seoul, South Korea-based manufacturer of Atomic Force Microscopes, acquired Accurion GmbH, a Goettingen, Germany-based company that develops and manufactures imaging spectroscopic ellipsometers and active vibration isolations.
Avelos Therapeutics Raises $8M in Series A Funding
Avelos Therapeutics, a Seoul, South Korea-based biotechnology company specializing in new drug discovery and development, raised $8M in Series A funding.
Key Media Receives Investment From Housatonic Partners
Key Media, a global leader in B2B media, received a growth investment from Housatonic Partners.
AIRS Medical Raises $20M in Series B Funding
AIRS Medical, a Seoul, South Korea-based healthcare startup, raised $20M in Series B funding.
StradVision Closes $88M Series C Funding
StradVision, a Seoul, South Korea-based AI-based perception processing company for Autonomous Vehicles and ADAS, raised $88M in Series C funding.
SNKRZ Closes Funding Round
SNKRZ, a Seoul, South Korea-based Move-to-Earn (M2E) platform, raised a funding round of undisclosed amount.
League of Traders Secures $2.4M in Pre-Series A Funding
League of Traders, a Seoul, South Korea-based social trading platform that enables users to copy trade and participate in competitive trading leagues against peers, raised $2.4 million in pre-series A financing.