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Q4 2022: South Korea

The 4th quarter 2022 snapshot of South Korean technology news headlines, gathered in October, November and December of 2022 and also covering the country’s startup and funding scenes.

Korean tech news across 2022’s fourth quarter looked at items including Seongnam’s goals for its ‘metaverse city’ project, the balancing act contained in the country’s Indo-Pacific Strategy, South Korea’s new digital partnership with the European Union, and more.  Hit the headline links featured below to read each article in full, online.

December 2022   |   November 2022   |   October 2022

December 2022: Korea

2023 Digital Asset Outlook - The Block

2023 Digital Asset Outlook – The Block

“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.”

November 2022: Korea

“The startup [Perigee Aerospace] has raised $22.5 million in a Series B bridge round and wants to launch an IPO in 2024. It has named KB Securities Co. and Korea Investment & Securities Co. as lead underwriters for the IPO.”

“TheVentures Korea, backed by blue-chip LPs and investors including Kakao, NCSoft and Com2Us, has invested in over 100 startups and holds a portfolio value well in excess of US$1 billion (RM4.18 billion).”

October 2022: Korea

Korea: A Policy Framework for Blockchain and Digital Assets (pdf)

Korea: A Policy Framework for Blockchain and Digital Assets (pdf)

Crypto: Strengths and weaknesses of North Korean hackers

Crypto: Assessing the strengths and weaknesses of North Korean hackers

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