Startups That Raised Funding in Seoul

Korea Electric Power Corp

Location: South Korea

Website: kepco.co.kr

Funding: secures $1.4bn

Date: 23 days ago

Korea Electric Power Corp (Kepco) is South Korea’s state-owned electric utility, responsible for the generation, transmission and distribution of electricity. It also offers engineering, procurement and construction services for large-scale power and cogeneration projects domestically and around the world.

Korea Electric Power Corporation

Location: Seoul, South Korea

Website: kepco.co.kr

Funding: secures $1.4bn

Date: 23 days ago

Korea Electric Power Corporation (Kepco) is South Korea's state-owned electric utility, providing generation, transmission, and distribution of electricity and delivering large-scale energy solutions such as cogeneration power plants to domestic and international clients.

Korea Electric Power Corp (Kepco)

Location: South Korea

Website: kepco.co.kr

Funding: secures $1.4bn

Date: 23 days ago

Korea Electric Power Corp (Kepco) is South Korea’s state-owned utility specializing in the generation, transmission, and distribution of electricity. It also offers engineering, procurement, and construction (EPC) services for large-scale power and cogeneration plants, expanding its global footprint in the energy sector.

Shinhan Bank

Location: Seoul, South Korea

Funding: Raise $2.1 Billion

Date: 78 days ago

Shinhan Bank, a leading subsidiary of Shinhan Financial Group based in Seoul, offers a comprehensive range of retail, corporate, and investment banking services, delivering innovative financial solutions and digital services to individuals and businesses.

Global Interactive Technologies, Inc.

Location: Seoul, South Korea

Website: gitechnologies.com

Funding: Secures Up to $18 M

Date: 88 days ago

Global Interactive Technologies, Inc. develops and sells interactive digital signage and self-service kiosk solutions, providing hardware, software, and content management platforms to businesses in retail, hospitality, and transportation.

Hanwha Ocean

Location: South Korea

Website: hanwha.co.kr

Funding: lands $1.8 billion

Date: 184 days ago

Hanwha Ocean is a South Korean engineering, procurement, and construction (EPC) contractor specializing in offshore wind projects, delivering end-to-end services to develop and install large-scale renewable energy infrastructure.

Hanwha Ocean

Location: South Korea

Website: hanwha.co.kr

Funding: lands $1.8

Date: 184 days ago

Hanwha Ocean is a South Korean company specializing in engineering, procurement and construction of large-scale offshore wind farms, delivering end-to-end project solutions such as the 390 MW Shinan Ui project to accelerate renewable energy adoption.

LG Energy Solution

Location: -

Funding: Secures $1.4 Billion

Date: 200 days ago

LG Energy Solution is a leading global manufacturer of lithium-ion batteries for electric vehicles and energy storage systems, supplying high-performance battery solutions to automakers such as Mercedes-Benz.

LayerBank

Location: Seoul, South Korea

Website: layerbank.finance

Funding: Secures $2.3M

Date: 202 days ago

LayerBank is a Seoul-based decentralized finance startup developing its native token ULAB and platform to power the next generation of blockchain-based financial services.

Dunamu

Location: South Korea

Website: dunamu.com

Funding: Raises $10.30 Billion

Date: 211 days ago

Dunamu is a South Korean fintech company best known for operating Upbit, one of the country’s leading cryptocurrency exchanges, offering secure, compliant digital asset trading and blockchain-based financial services to both retail and institutional investors.

Redrob

Location: -

Funding: raises $10 m

Date: 217 days ago

Redrob is a South Korea–based robotics startup specializing in AI- and computer vision–powered autonomous warehouse robots designed to optimize intralogistics operations and boost efficiency.

Bone AI

Location: Seoul, South Korea; Palo Alto, California, USA

Website: bonerobotics.ai

Funding: raises $12M

Date: 221 days ago

Bone AI develops AI-powered robotics solutions for defense applications, offering next-generation autonomous systems designed to compete with major defense contractors in Asia.

Samsung C&T E&C Group

Location: Seoul, South Korea

Website: samsungcnt.com

Funding: secures $1.3bn

Date: 222 days ago

Samsung C&T E&C Group is a Seoul-based engineering, procurement, and construction contractor specializing in large-scale infrastructure and energy projects, including LNG and carbon processing facilities, delivering turnkey solutions for clients worldwide.

Datumo

Location: Seoul, South Korea

Funding: raises $15.5m

Date: 317 days ago

Datumo provides AI data labeling and training tools designed to enhance the quality, safety, and evaluation of data for building more reliable AI models.

Datumo

Location: Seoul, South Korea

Website: datumo.com

Funding: raises $15.5M

Date: 318 days ago

Datumo offers a platform that evaluates and tests large language models, providing explainability and performance benchmarking to help organizations deploy generative AI safely and responsibly.