Kate Park

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Synthetic DNA startup Catalog partners with Seagate for its DNA-based data storage platform

Data needs to be stored somewhere. However, data storage costs keep growing, and the data people keep producing and consuming can’t keep up with the available storage. According to Internet Data Cen

Josys secures $32M Series A for its SaaS management platform 

Corporations have been dealing with IT operations and security management since the coronavirus pandemic that has changed the way in which people work — remote or hybrid work — and acceler

Y Combinator, Global Brain back Tailor, a Japanese headless ERP startup

Tailor, a Japan-based back-end enterprise resource planning (ERP) platform, said today it has raised $4.3 million in seed funding from Y Combinator and Global Brain. Founded in 2021 by Yo Shibata and

LG Electronics launches NFT platform that lets users buy and sell digital artwork

LG Electronics said today it has released its non-fungible token (NFT) platform LG Art Lab, which lets users discover, buy, sell and trade NFTs on LG’s smart TVs. The announcement comes roughly eigh

Korean eyewear brand Gentle Monster jazzes up China’s AR startup Nreal with $15M funding

Augmented reality headsets have been around for years, but none of the market players has really expanded beyond the techy demographic and broken into the mainstream. An AR startup hopes to change tha

SoftBank-backed Tridge, a Korean platform that matches food agriculture buyers and sellers, bags $37.2M Series D at a $2.7B valuation

Supply chain disruption caused by the COVID-19 pandemic and the war in Ukraine is driving increased costs of goods and services, affecting not only the industrial sector (e.g., semiconductors), but al

SoftBank-backed Socar, South Korea’s largest car-sharing startup, tumbles on market debut

Socar, South Korea’s largest car-sharing startup, tumbled in its Seoul stock market debut Monday even after pricing shares below the bottom end of a marketed range. Shares of Socar rose 1.25% from i

YC grad QuotaBook raises $11M to scale its equity management platform

QuotaBook, a Seoul-based equity management platform, has raised $11 million in funding led by Elefund, with participation from Access Ventures, Hana Securities and South Korean fintech company Viva Re

Mycel’s mushroom-based biomaterials sprout $10M in funding

Mycel, a South Korean startup making fungal-based biomaterials that can replace leather and meat, said it has raised $10 million (13 billion WON) in a pre-Series A round of funding. Co-founder and CEO

Samsung heir receives presidential pardon in a bid to ‘overcome economic crisis’

Samsung Electronics vice chairman Jay Y. Lee will receive a presidential pardon on Monday, South Korea’s Ministry of Justice said, paving the way for the heir to the country’s biggest comp

Singapore-based cryptocurrency exchange Crypto.com enters South Korea via acquisitions 

Singapore-based cryptocurrency platform Crypto.com has acquired two startups in South Korea — payment service provider PnLink and virtual asset provider OK-BIT — for an undisclosed amount,

Kakao says emoji subscription purchases fell by a third due to Google’s new in-app policy

The number of emoji subscription purchases on the South Korean messaging app KakaoTalk has dropped by a third over the year, parent firm Kakao said in quarterly earnings call Thursday. It blamed Googl

MarqVision grabs $20M to nab counterfeiters with an AI-powered IP protection platform

As of 2020, the clothing sector lost about $27 billion in annual sales due to counterfeits, an illicit trade that results in huge losses to both brands and buyers. Clothes, accessories and luxury goo

Hyundai Motor eyes acquisition of Korean lidar-free self-driving startup 42dot

Hyundai Motor is considering increasing its stake in, or fully acquiring, the South Korea-based lidar-free autonomous mobility platform 42dot, the latest signal of its growing interest in the fast-gro

Japanese e-commerce enabler AnyMind raises funding in equity, debt for acquisitions

The pandemic has triggered more demand for online shopping and fueled many smaller retailers to establish their own online offerings. Japanese commerce enabler AnyMind, which helps brands and influenc

South Korean e-scooter company Gbike acquires Hyundai Motor’s micromobility platform ZET 

Gbike, a South Korea-based micromobility Gcooter operator, is acquiring Hyundai Motor’s shared micromobility platform ZET as it wants to increase its market share and create technological syne

Powin raises $135M funding from Singapore’s GIC, Trilantic North America and Energy Impact Partners 

Powin, an energy storage technology developer, said today it has raised $135 million in funding led by Singapore’s sovereign wealth fund GIC, with participation from existing investors Trilantic Ene

Kakao confirms it is removing its external payment option after standoff with Google 

South Korean messaging giant Kakao confirmed today it will remove an external payment option after Google blocked the South Korean company behind KakaoTalk from issuing updates.  Kakao continued usin

Japan’s SmartBank raises $20M Series A for its prepaid card and finance app

Shota Horii, his twin brother Yuta Horii and Jun Taketani co-founded SmartBank in 2019 after selling their previous startup Fablic, a Japanese online secondhand marketplace, to Rakuten in 2016. W

Posterity Health raises seed funding to help address male fertility needs

The recent decision to overturn Roe vs. Wade leaves plenty of unanswered questions about conception and what rights women have over their bodies. One startup, Posterity Health, is focusing on a long-
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