Get your daily fix of the latest news on startup funding, M&As, and the moves being made by VC and PE firms.
Edge AI chip startup Mobilint has grabbed headlines with a $46.4M Series C round. Meanwhile, the government’s "Startup for All" program is now officially in full swing, shifting toward an accelerator-led model to help founders grow. As the AI scene matures, the focus is quickly turning from rapid scaling to proving sustainable business models.
AI security startup Provally has secured seed funding from Bluepoint, signaling a growing momentum in the AI security sector. Meanwhile, Samsung C&T is launching its '2026 FutureScape' open innovation program to scout startups in robotics, wellness, and senior living. As more startups look to 'flip' their headquarters to the U.S., experts are highlighting the importance of compelling storytelling as a key factor in landing foreign investment.
Today’s update covers Daily Cookie’s latest seed funding, Inflab’s selection for the government's DIPS 1000+ project, and LG Household & Health Care’s push into startup incubation. Meanwhile, financial holding companies hit a record 4 quadrillion KRW in assets. Despite global market uncertainty, investment activity continues to thrive in AI, pet-tech, and content sectors.
People & Technology secured 15 billion won in bridge funding with Dong-A ST to expand its real-time patient monitoring platform. Recent reports highlight a major "exodus" trend, with local founders increasingly choosing to start companies directly in the U.S. Meanwhile, Samsung C&T launched the "2026 FutureScape" competition, offering up to 50 million won to support startups in robotics, wellness, and senior living.
LG Household & Health Care is doubling down on startup investments to secure new growth drivers. Meanwhile, Korea Investment Partners has joined the global quantum tech race by backing Israeli startup Q-Factor, and Sambu Construction is pushing ahead with its M&A process following a 33 billion KRW investment deal.
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