SEOUL, Oct. 16 (Korea Bizwire) — South Korea’s largest mobility startup SOCAR Inc. said Friday it has received 60 billion won (US$52.2 million) from two local private equity firms, becoming the latest “unicorn” company in the Asian country. The investments from SG Private Equity and Songhyun Investment pushed SOCAR’s valuation to over 1 trillion won. [...]
SEOUL, March 23 (Korea Bizwire) — The employment effect of unicorn companies and prospective unicorn companies with a value of more than 1 trillion won (US$781 million), which the government has committed to supporting, has been slowing down. While the number of employees recruited is increasing, some point out that the number of employees who [...]
SEOUL, Dec. 11 (Korea Bizwire) — South Korean bio venture firm Aprogen Pharmaceuticals Inc. was listed as the country’s 11th unicorn, according to an industry tracker on Tuesday. Aprogen was registered as a unicorn company with a valuation of more than US$1 billion by CB Insights, a tech market intelligence platform. In May, Aprgoen attracted [...]
SYDNEY, Australia, May 2 (Korea Bizwire) — As part of its third annual YPO Innovation Week, YPO will host Angels and Unicorns in Sydney, Australia, convening business leaders around the world to explore the best ways to invest in the unicorns of tomorrow. YPO Innovation Week is a series of more than 50 events conducted [...]