The way Korea handled the COVID-19 crisis has been praised globally, and startups have played a significant role. Korea has used technology to fight the virus’s spread, which affected countries across the globe in 2020. While the ongoing coronavirus pandemic impacted nearly all industries, Korean startup ecosystem has shown resilience, with local startups efficiently attracting […]

The COMEUP 2020 organizing committed announced plans to host the global startup festival beginning on November 19 at the Seoul Government Complex on November 3, 2020. The committee headed by Minister Park Young-sun, the Ministry of SMEs and Startups (MSS), Sophie Kim, the 2020 COMEUP Organizing Committee Chairperson of the Civil Organizing Committee & CEO of Market Kurly and Junghoon Cha, Deputy […]

The Ministry of Economy, South Korea, and Finance-Korea Startup Forum will host the 3rd Digital Economy Forum 2020 online on September 11, 2020. The event will present the direction to move forward by focusing on the digital economy and ‘digital new deal’ as the drivers for innovation in the post-pandemic era. The forum will provide […]

The use of biomaterials is transforming the medical landscape and changing perceived notions about therapeutic healthcare. These materials are commonly used to develop new medical devices, drug delivery protocol, and replacement therapies besides radical diagnostic techniques. Recently, there has been a 40% spike in the usage of biomaterials. A survey showed that 70% of the […]

Riiid Labs, the global arm of AI-education company Riiid, and ConnecME Education signed a memorandum of understanding (MOU) for an exclusive partnership in the Middle East and North Africa to deliver AI-enabled education. By integrating Riiid’s AI solutions into the ConnecME education platform, the partnership will introduce a new level of innovative instruction for students […]

The South Korean startup industry has been flourishing due to the innovative ideas, enterprising founders, and likable support system both through international and domestic ventures. From AI, blockchain, e-commerce, fintech, and virtual reality to agricultural innovations, the startups in South Korea have successfully experimented in various areas. In 2019, 11 Korean startup companies achieved the […]

The new accounting standards, diversification of sales channels, and constant deterioration of profitability have led to a fundamental transformation of the insurance industry. Keeping this in mind, CONCAT, a South Korean FinTech startup, is offering optimal financial services. CONCAT was founded in 2018 by a core engineering team with capabilities in deep learning and data […]

HuMab, a leading Genome Engineering company based out of South Korea, was founded in the year 2018. The company develops SynTheseTM, a transgenic antibody platform, by leveraging its cutting edge genome engineering technology. SynTheseTM is revolutionary and powerful and can produce human monoclonal antibodies. HuMab strives to lead the development of new antibody drugs in […]

South Korea is the 11th largest economy in the world in terms of GDP. The country is a global leader in many innovation and technology-driven fields and has been named by Bloomberg Innovation Index as the most innovative country for six consecutive years. The structural transformation, policy reforms along with improvement in the business environment […]

Foreigners in South Korea have long contributed to a diversified food scene, with everything from authentic home cuisine to fusion menus. The demand has been growing among domestic customers, who travel and study abroad in record numbers. The supply of international cuisine has also increased as more foreigners settle in South Korea long term. Itaewon […]