Get the latest tech news
Watch out for these 10 hot startups from South Korea
Most of the biggest South Korean tech startups intend to pursue public offerings in either South Korea or the United States as part of their exit strategy.
Today, South Korea ranks ninth on the list of countries with the highest number of unicorns, per Statista, and its capital city, Seoul, is considered one of the top destinations to build a tech startup. The company last year started diversifying its offerings, selling everything from high-end cosmetics to personal care products and supplements as it sought to bolster its revenue and gross merchandise volume ahead of its IPO. Founder: Hyoung Kim and Chi-hyeong Song Total funding raised: Key investors: Anchor Equity Partners, Altos Ventures Management, Hana Financial Group, Hanwha, Stonebridge Capital, Woori Technology Investment Revenue in 2023: $751 million (1.02 trillion KRW)
Or read this on TechCrunch
