Tagged: south korea

May 22, 2015 @ 8:30 am By Midori Yoshimura  |  

“Get smart, fund art”: With a playful slogan (translated) and name that reminds this writer of a children’s toy, Tumblbug, a South Korean crowdfunding platform, is taking big steps in its development. The company just announced that it has raised KRW 17 billion (just over US… Read More

April 9, 2015 @ 10:41 am By Samantha Hurst  |  

nthing, a promising South Korean IoT startup backed by SparkLabs and MousQ Angels, announced today the launch of its Kickstarter campaign. The purpose of the campaign is to fund the production of its new product, Planty. Planty is an internet-connected planter that simplifies the urban gardening experience through a… Read More

December 11, 2014 @ 9:42 am By Samantha Hurst  |  

SparkLabs is graduating its fourth batch of companies with a frenzied interest in its demo day. Over 900 people have registered to attend their demo day event. Senior associate at SparkLabs, Sophia Choi stated,”Even with over 30,000 startups in Korea and SparkLabs’ growing reputation in Asia, our… Read More

November 13, 2014 @ 9:22 am By JD Alois  |  

ieCrowd, a company that seeks to develop innovative solutions for global life and health challenges, has agreed to partner with YuYu Pharma based in South Korea.  YuYu, a publicly traded company, will assist in expanding iCrowd’s access to the Southeast Asian markets.  YuYu is a… Read More

September 30, 2013 @ 12:34 pm By Charles Luzar  |  

South Korea has long had an interest in replicating the crowdfunding model. Only 2% of money invested in early-stage South Korean companies comes from angel investors. According to the Xinhua News Service, equity crowdfunding could be legal in South Korea as early as next year. This news… Read More

May 30, 2013 @ 5:43 am By JD Alois  |  

With the election of new  President Park Geun-hye last February, the South Korean leader has focused on re-invigorating their domestic economy by targeting new business growth and innovation. This cultivation of “risk takers” is capturing the support of the government which views innovators such as Steve… Read More

May 16, 2013 @ 8:51 am By Charles Luzar  |  

CRIEnglish.com reported yesterday that South Korea is looking to legalize equity crowdfunding, seemingly spurred on by the United States’s passage of the JOBS Act. From the article… South Korea planned to legalize the crowd funding system as part of efforts to help venture companies finance… Read More