Latest News
NPX Capital – An Alternative Investment Firm in Korea
NPX Capital is changing the way venture capital operates. Korean VC firms are known to fund tech startups for a percentage of the equity in the hope of getting 100x returns with an IPO within 5-10 years. If these VCs got lucky, they would get 2-3 startups to that point. However, times have changed…
South Korean Legal Services for Foreign Entrepreneurs
It is crucial to review local laws and regulations to avoid unnecessary risks before entering the local market by supplying a pre-existing product or service from oversea startups or establishing a new business in South Korea as a foreign entrepreneur. There are a lot of great lawyers in Korea who…
K-Beauty is Taking Over the Global Skin Care Industry
Korean Beauty (K-Beauty) started the "skincare wave" and since then has taken over the global skincare industry. Much of the growth of K-Beauty comes from the Korean wave (Hallyu). As Korean culture continues to grow, more and more Korean beauty products get exported globally. This results in a…
Smartphone Use in Korea is Getting Out of Hand
Smartphone use is increasing everywhere in the world. However, smartphone use in Korea is increasing at an alarming rate. South Korea ranks at the top for smartphone ownership at 95%. The other 5% have a mobile phone. Therefore in South Korea, smartphone or mobile phone ownership is at 100%.…
Batoners helps the Visually Impaired Read E-Books
Batoners is one of the most innovative startups in Korea that is addressing meaningful social issues by developing technologies and services for children, the disabled, and the underprivileged. The startup has created social impact products such as E-Books for the visually impaired. They offer a…
NextRise – Global Startup Conference in Seoul – Complete Review
The Korean government is taking an active role in trying to grow the Korean startup ecosystem. The NextRise 2020 Seoul is a global startup conference and exhibition to connect Korean startups with the global startup ecosystem. After a successful NextRise 2019, NextRise 2020 continued its quest to…
