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The ASAN Nanum Foundation
The Asan Nanum Foundation was established by Hyundai Group in 2011, and they aim to support young entrepreneurs and their innovative ideas that make a social impact. As of 2023, the foundation has helped over 400 startups in Korea. The foundation was founded on $525 million in funding from the…
Korean Fundraising 101 the Basics of Raising Money in Korea
South Korea is becoming one of the most vibrant nations in the world and a growing tourist destination. South Korea has come a long way since the Korean War where their national income per citizen was the same as the country Ghana. In 60 years they have become one of the top economic powers in the…
Cryptocurrency in Korea – The Hacking of Upbit
The biggest news regarding cryptocurrency in Korea has been the hacking of Korea's top cryptocurrency exchange Upbit. Upbit was hacked for $50 million worth of Ether. This beat the news of Bithumb's hacking of $13 million in EOS and $6 million in XRP back in March. Upbit ended up suspending all…
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Air Premia – The World’s First Hybrid Airline
Air Premia is the world’s first official hybrid airline. Air Premia is South Korea’s newest airline and is getting a lot of buzz and attention in the aviation industry. The South Korean airline industry is already known for Korean Air and Asiana, but now there is a new player in the space called…
Blockchain Platforms in Korea You Need to Know
With all the uncertainty regarding Blockchain regulations in South Korea, you would think their Blockchain ecosystem would be dying down. However, that is far from the case. Blockchain adoption is consistently growing in Korea. Furthermore, industries involved in finance, logistics, health, social…
Top Social Impact Startups in Korea You Need to Know
Investors are not just concerned about making money. Many have already made all the money they could need and are looking to generate social and environmental value. Korea's impact investing sector is growing and there are many Korean VC firms and impact investors looking at social ventures that…
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How to Become a Startup Entrepreneur in Korea
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