Korean tech news
December 2022 round-up
South Korea’s tech news headlines in December 2022 covered subjects including the country’s aerospace startups, new funding for South Korea’s food-tech startups, drone-based defense developments and more. Hit the links to read each article online, in full.
You can also get Startup News Asia’s tech news updates in our weekly newsletters, via Substack and LinkedIn.
2023 Digital Asset Outlook – The Block
- South Korea: Wemade blockchain game firm to buy back and burn $10M worth of native WEMIX cryptocurrency to stabilize value after 4 local crypto exchanges delist the token
- South Korea: Bunker Kids raises $1.5M Series A funding with combined diet menu recommendations and delivery services, optimizing for personal health goals using data and algorithms
- South Korea: National Assembly partners FiscalNote for AI-driven policy intelligence, regulatory tracking and more, allowing gov’t to monitor overseas legislation affecting Korea
- South Korea: N15 Partners and US’ Starburst accelerators ink MOU on accelerating partnerships to boost the Korean startup and aerospace ecosystems
- South Korea: Paywork SaaS firm gains Pre-Series A with tools for self-employed, freelancers and specially-hired workers, providing business-related services spanning invoicing, contracts, statements and more
- South Korea: Government launches $76M fund aiming to nurture 30 high-value food-tech startups by 2027
“The Korean ministry expects the country‘s food tech exports to quadruple by 2027 from $500 million in 2022. The ministry aims to increase the number of food tech unicorns to 30 by 2027. It already has two food tech unicorns: Market Kurly and Oasis Market.”
- South Korea commits $441M to improving drone defense, following difficulties in containing incursion of 5 drones from North Korea
- South Korea: An examination of the tensions at play in the country’s recently-released Indo-Pacific Strategy
- China’s Tencent Cloud partners South Korea’s Nexon global video publisher to launch Nexontown metaverse platform
Lowy Institute: Asia Power Index, 2023 edition
ASIA’S TECH NEWS, WEEKLY NEWSLETTERS
Startup News Asia editions go out on a variety of channels – mobile app, Twitter, Facebook, LinkedIn – and via our weekly Asia’s tech news e-newsletters.
For a look at things in Asia, tech and beyond in a larger context, you should read the less-regular but equally thought-provoking Need To Know Now newsletter.
Asia’s tech news headlines, weekly newsletter via Substack
Asia’s tech news: Weekly LinkedIn newsletter
Need To Know Now newsletter
