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Week 2, February 2025

Funding to Korean tech startups at 7-year low; seed funding soars

Funding to Korean tech startups at 7-year low; seed funding soars
New funding to South Korean tech startups dropped to its lowest level in seven years in 2024. But seed funding soared 142% led by semiconductor, healthcare and software platforms, data showed on Monday. Korean tech startups raised a total of $1.5 billion in 2024, down 60% from the year prior, according to market tracker Tracxn Geo. The figure also represented a 71% decline from the $5.2 b

Korean startups

AI agent Gentoo poised to revolutionize online shopping

South Korean artificial intelligence startup Waddle Corp. is gearing up to reshape the online retail industry with artificial intelligence-powered interactive personal shopping assistant Gentoo. “We want people to think that a world without Gentoo is unimaginable,” Park Jihyuk, the chief executive officer of Waddle, Gentoo's developer, said in a recent interview with The Korea

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Series X is a startup-focused weekly newsletter of The Korea Economic Daily Global Edition (KED Global). We discover and aggregate intelligence on promising Korean startups that are sure to grab the attention of investors at home and abroad. Get the latest news on Korea's startup landscape -- covering everything from seed funding to IPO.
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