investment Archives | Page 32 of 62

Home / Posts tagged investment (Page 32)

Jeito Capital Leads €20 Million Investment in InnoSkel, a New Gene Therapy Company and Leader in Rare Skeletal Disorders

Paris, France, Dec. 14 (Korea Bizwire) – Jeito Capital (“Jeito”), a rapidly emerging independent investor dedicated to biotech and biopharma, today announces that it has led a €20 million Series A financing in InnoSkel, a newly launched pioneering platform biotechnology company developing therapies for rare and life-threatening skeletal diseases. Jeito co-led the financing in a [...]

Hyundai Motor to Invest 60 tln Won by 2025 for EV Growth

SEOUL, Dec. 10 (Korea Bizwire) — South Korea’s Hyundai Motor Co. said Thursday it will invest 60.1 trillion won (US$55.5 billion) by 2025 for future mobility to gain a bigger share in the rapidly evolving global automobile markets. Hyundai Motor said it will strengthen its electrified vehicle lineup to compete with its rivals, such as [...]

Hyundai Motor Group Accelerates EV Transition to Foster New Growth Driver

SEOUL, Dec. 10 (Korea Bizwire) – It’s important to be in the right market at the right time, and Hyundai Motor Group Chairman Chung Euisun knows it’s time to plug into the future: electric vehicles (EV). Going electric isn’t just an eco-friendly goal but is becoming a new business reality sooner than expected, pressuring the [...]

SK to Invest $200 mln in Roivant’s Targeted Protein Degradation Platform

SEOUL, Dec. 7 (Korea Bizwire) — SK Holdings Co., an investment arm of South Korean conglomerate SK Group, said Monday it has signed a strategic partnership deal with U.S. biopharmaceutical firm Roivant Sciences Ltd. to enter the targeted protein degradation drug market. Under the deal, SK will invest US$200 million into Roivant’s targeted protein degradation [...]

Naver Newly Invests in 2 Startups in Logistics, Medical Sectors

SEOUL, Dec. 2 (Korea Bizwire) — An accelerator for tech startups operated by Naver Inc., South Korea’s largest internet portal operator, said Wednesday it has made new investments in two promising tech startups. Naver’s D2 Startup Factory, also known as D2SF, said it has selected the two startups — Techtaka Co. and Medibloc Co. — [...]

Netflix Expanding Investment in S. Korean Content

SEOUL, Dec. 1 (Korea Bizwire) — U.S. media giant Netflix is beefing up efforts to secure popular Korean-made films and shows as part of a strategy to boost its presence in the global streaming service market. Netflix, which launched its Korean service in 2015, said it set up a separate production firm, Netflix Entertainment Korea, [...]

SK to Invest 2.1 tln Won in Local Infra Project by 2025

SEOUL, Nov. 24 (Korea Bizwire) — A consortium of two SK Group affiliates will invest 2.1 trillion won (US$1.9 billion) in data centers and a startup cluster in South Korea’s southwest industrial complex by 2025, the transport ministry said Tuesday. The consortium of SK E&S Co. and SK broadband Co. will invest 2 trillion won [...]

Naver to Spend 180 bln Won to Support Small Business Owners

SEOUL, Nov. 24 (Korea Bizwire) — Naver Corp., the operator of South Korea’s dominant Internet portal, said Tuesday it will invest 180 billion won (US$161 million) over the next two years in supporting small business owners and creators. “Naver aims to produce a new kind of business synergy by connecting business and creative works through [...]

Celltrion to Spend 500 bln Won for 3rd Plant amid Growing Demand

SEOUL, Nov. 18 (Korea Bizwire) — Celltrion Inc., a leading pharmaceutical firm in South Korea, said Wednesday that it will build a third plant in the country in response to rising manufacturing demand. The 500 billion-won (US$452 million) plant in the country’s biotech hub of Songdo, west of Seoul, will have a bioreactor capacity of [...]

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 [...]