The KoreaTechDesk Virtual Demo Day continues to captivate audiences with each edition, and the fourth edition, held on July 22, 2024, was no exception. This event, led by Iskander Haouam, a seasoned investor from Saudi Arabia with a keen eye for innovation, featured three dynamic Korean startups, each presenting groundbreaking solutions poised to significantly impact their respective industries. The fourth edition of KoreaTechDesk Virtual Demo Day continues to impress, showcasing even more exciting and innovative startups on the global stage. Enterprising Startups & Innovations  R ..read more

Samsung Electronics is set to discover and foster the next generation of innovative startups with its ‘C-Lab Outside’ program, now in its seventh year. From July 22 to August 14, startups across South Korea can apply for this prestigious opportunity via the Samsung Electronics C-Lab homepage. The program seeks startups specializing in eight cutting-edge fields: AI, Robotics, IoT Devices, Digital Health, Contents & Services, Mobility, Materials/Components, and ESG (Environmental, Social, and Governance). This wide-ranging selection reflects Samsung’s commitment to staying ahead of global ..read more

KoreaTechDesk is set to host its latest edition of Virtual Demo Day, on July 22, 2024, at 3 pm KST. The event promises to be another exceptional gathering, bringing together leading industry figures and showcasing innovative Korean startups. With a focus on fostering global connections and opportunities, this edition is poised to continue the momentum built by previous sessions. KoreaTechDesk Virtual Demo Day Event Date: July 22, 2024 Time : 3 pm KST   Iskander Haouam, a fintech enthusiast and lead investor from Saudi Arabia, will once again take the helm as the mentor for this s ..read more

Iskander Haouam,  a seasoned expert with over 15 years of experience in investment and entrepreneurship, brings a wealth of knowledge and insight into the rapidly evolving world of fintech and innovative solutions. With a diverse background spanning industries such as QSR, banking, telecommunications, retail, and the self-moving sector, Iskander has been a fintech enthusiast since 2011. At Namal Impact Investment Capital, he excels in product and business development strategy, customer experience, relationship management, risk management, innovation, and finance. His extensive experienc ..read more

Korean startup Beeble AI, renowned for its innovative approach to leveling the playing field in Visual Effects (VFX) for filmmakers, has secured a substantial seed investment from leading US-based venture capital firms Basis Set Ventures and Fika Ventures. This investment marks a significant milestone for the company, with a seed funding total of $4.75 million (approximately 6.5 billion won). Visual effects (VFX) have become essential in modern filmmaking, transforming storytelling and enhancing creativity through advanced digital techniques. However, the high costs associated with VFX tools ..read more

Marketboro, a Korean foodtech startup at the forefront of innovating the food distribution market, has appointed Samsung Securities as the sole lead manager for its planned KOSDAQ listing in the first half of 2027. The company has begun extensive preparations for its initial public offering (IPO), setting its sights on securing a dominant market share. Marketboro, known for its groundbreaking ‘Marketbom’ platform, has been a key player in the digital transformation (DX) of the B2B food ingredients market. The company is also rapidly expanding its food ingredients open market ‘Sikbom’. The co ..read more

Korean startup Poen, which specializes in the remanufacturing of electric vehicle waste batteries, has successfully secured 39 billion won (USD 28 million) in Series B investment. Founded in 2019, Poen has shown remarkable growth, attracting seed investment in 2020, Series A in 2021, and now Series B funding, totaling 46.7 billion won (USD 33.7 million) in investments over five years. Poen has pioneered technology to identify and remanufacture reusable batteries from discarded electric vehicle batteries. The company aims to lead the eco-friendly battery industry by commercializing this techn ..read more

Korea Startup Forum(KSF), the organizer of the global startup festival COMEUP, has announced an unprecedented response to its annual COMEUP Stars 2024 competition. This year, the event attracted 1,208 applications, the highest number since its inception in 2020. Unprecedented Interest and Competition During the application period from June 3 to July 5, COMEUP Stars 2024 received a record-breaking 1,208 applications, showcasing the festival’s increasing influence and reach. The competition this year was fierce across both its leagues. The Rookie League, targeting early-stage startups wit ..read more

Chowis Co., Ltd., a leading provider of AI skin diagnostic solutions in South Korea, has formed a strategic partnership with Kolmar Korea to develop a cutting-edge customized cosmetics diagnostic platform On May 29th, the collaboration was formalized through a Memorandum of Understanding (MOU) signed at Kolmar Korea’s R&D Complex in Naegok-dong, Seocho-gu, Seoul. The signing ceremony was attended by Han Sang-geun, Vice President of Korea Kolmar’s Technology Research Institute, and Ryan WS Choi, CEO of Chowis Co., Ltd. Chowis Co., Ltd. is renowned for its mobile skin, hair, and scalp diag ..read more

Korean startup ‘The Hyoosik’, an IT-based comprehensive accommodation solution company, has announced a successful Series B investment round, securing 16 billion won ($11.5 million) from TS Frontier Proptech Fund. This brings the total investment amount to 22.8 billion won ($16.8 million), entirely facilitated through TS Investment’s TS Frontier Proptech Investment Association. The Hyoosik has carved out a dominant position in Korea’s small and medium-sized hotel market, with an impressive portfolio of 170 hotels and a cloud-based SaaS subscription model serving 1,110 hotels. Additionally, t ..read more