investment Archives | Be Korea-savvy
Sanofi Selects Jeito Capital as its First Investment into a Private French-based Fund

Sanofi Selects Jeito Capital as its First Investment into a Private French-based Fund

Paris, France, Nov. 13 (Korea Bizwire) – Jeito Capital (“Jeito”), a rapidly emerging independent investor dedicated to biotech and biopharma, today announced that Sanofi has made a €50 million investment in Jeito Capital. The investment will be deployed by Jeito’s highly experienced team of pharmaceutical and biotech experts in line with its investment criteria to provide [...]

Hyundai Motor Mulls Acquiring US Robotics Firm from Softbank

Hyundai Motor Mulls Acquiring US Robotics Firm from Softbank

SEOUL, Nov. 10 (Korea Bizwire) — Hyundai Motor Co., South Korea’s biggest carmaker by sales, is in talks with Softbank Group Corp. to acquire a U.S.-based robotics company for US$1 billion, news reports said Tuesday, as it increases investments in future mobility solutions. Hyundai Motor is mulling acquiring a controlling stake in Boston Dynamics, and [...]

S. Korea to Invest Over 20 tln Won in Green Mobility Sectors: Moon

S. Korea to Invest Over 20 tln Won in Green Mobility Sectors: Moon

SEOUL, Oct. 30 (Korea Bizwire) — President Moon Jae-in said Friday the government plans to invest more than 20 trillion won (US$17.7 billion) in electric vehicles and other areas of green mobility by 2025. The president announced the investment plan, part of the administration’s ambitious Korean New Deal initiative, as he traveled to a manufacturing [...]

Moon Unveils Plan to Pour 10 tln Won into ‘Smart City’ Scheme by 2025

Moon Unveils Plan to Pour 10 tln Won into ‘Smart City’ Scheme by 2025

SEOUL, Oct. 22 (Korea Bizwire) — President Moon Jae-in said Thursday that the government will invest 10 trillion won (US$8.8 billion) into South Korea’s “smart city” project nationwide by 2025, as the country aims to become a global leader in the field under the so-called Korean version New Deal initiative. The government plans to supply [...]

Jeito Capital Becomes Major Investor in SparingVision as Part of €44.5 Million Financing

Jeito Capital Becomes Major Investor in SparingVision as Part of €44.5 Million Financing

Paris, France, Oct. 21 (Korea Bizwire) – Jeito Capital (“Jeito”), a rapidly emerging independent investor dedicated to biotech and biopharma, today announces that it has become a major investor in SparingVision, a French preclinical stage biotech company focused on gene therapy in ophthalmology. The €44.5 million financing round brought together new investors alongside Jeito including [...]

Hyundai Mobis to Invest US$25 mln in British HUD Company

Hyundai Mobis to Invest US$25 mln in British HUD Company

SEOUL, Oct. 7 (Korea Bizwire) — Hyundai Mobis Co., South Korea’s biggest auto parts company, said Wednesday it will invest US$25 million in a British augmented reality company as it bets on future mobility technologies. Hyundai Mobis made the decision to “preemptively” invest in infotainment technologies, which it expects to become another growth driver together [...]