SEOUL, Nov. 30 (Korea Bizwire) — South Korea’s venture capital market is showing signs of revival after a prolonged slump, with third-quarter investment surpassing 4 trillion won for the first time since the pandemic era. The rebound has raised hopes that the country’s startup ecosystem may finally be emerging from its downturn. According to quarterly data [...]
SEOUL, Nov. 14 (Korea Bizwire) — South Korea’s venture investment market showed clear signs of recovery this year, with both venture investments and fund formation rising by double digits through the third quarter, government data showed Thursday. According to the Ministry of SMEs and Startups, total venture investment reached 9.8 trillion won (US$7.1 billion) between January [...]
SEOUL, April 27 (Korea Bizwire) — South Korea’s investment in startups spiked nearly 61 percent in the first quarter of the year amid hopes of high returns, government data showed Tuesday. A total of 1.25 trillion won (US$1.12 billion) was invested in promising venture firms and startups in the January-March period, up 61.1 percent from [...]
SEOUL, April 15 (Korea Bizwire) — The amount of investment in South Korean startups touched a record high in 2020 amid hopes of high returns and policy support, a state-run lender said Thursday. A total of 4.3 trillion won (US$3.85 billion) was invested in startups last year, up from 4.2 trillion won a year earlier [...]
SEOUL, Aug. 4 (Korea Bizwire) — South Korea’s investment in startups sank more than 17 percent in the first half of the year due to the coronavirus outbreak, government data showed Tuesday. A total of 1.65 trillion won (US$1.38 billion) was invested in promising venture firms and startups in the January-June period, down 17.3 percent [...]
SEOUL, Apr. 23 (Korea Bizwire) — The total amount of investment in startups reached a record high 634.8 billion won (US$594 million) in the first three months of the year amid hopes of lucrative returns, government data showed Monday. The amount is up 56.6 percent from 405.4 billion won tallied a year earlier, according to [...]
NEW YORK, Apr. 19 (Korea Bizwire) — Nasdaq (Nasdaq:NDAQ), one of the world’s leading providers of technology and services to the capital markets, announced today the launch of a venture investment program, Nasdaq Ventures, dedicated to discovering, investing in and partnering with unique fintech companies worldwide. The program’s main objective is to identify and collaborate [...]
SEOUL, July 27 (Korea Bizwire) – The Small and Medium Business Administration (SMBA) of South Korea announced on July 26 that last year’s angel investment – funds provided for start-up businesses – increased by 67.7 percent, exceeding 100 billion won ($88 million) for the first time since 2003. Considering the tax exemption limit law, investment profits [...]
SEOUL, March 24 (Korea Bizwire) – Venture capitalists continued to pour money into South Korean startup companies this year on hopes for handsome returns following last year’s success amid cheap available capital, data showed Thursday. The investment in startup companies was tallied at 253 billion won (US$216 million) in the first two months of the year, [...]
SEOUL, July 28 (Korea Bizwire) – Thanks to a series of government support measures for new ventures and startups, investment in venture firms soared nearly 40 percent in the first half of 2015 compared to the same period in 2014. According to the Small and Medium Business Administration (SMBA) on July 27, a total of 956.9 [...]