Kate Park

The Latest from Kate Park

Tiger Global backs SaaS omnichannel social commerce platform SleekFlow in $8M funding

Social commerce — the process of buying and selling products or services directly through social media platforms like Facebook, Instagram and TikTok — is becoming the most natural way for consumer

Lime suspends operations in South Korea due to “chaotic scooter environment”

Shared micromobility operator Lime will temporarily shut down its operations in several South Korean cities at the end of the month. Lime attributes its withdrawal to regulatory shortfalls, like the l

Tencent, Block back Indonesian fintech platform Flip with $55M Series B extension

Flip, an Indonesia-based consumer payment platform, has closed a $55 million Series B extension round led by Tencent with participation from Block (formerly known as Square) and existing backer Insigh

World Innovation Lab wants to connect the innovation gap between startups and corporates in the US and Asia with $1B

World Innovation Lab (WiL), a Palo Alto- and Tokyo- headquartered venture capital firm, said Tuesday it has raised more than $1 billion. It’s an enormous fund for the outfit, relatively speaking

Bluesheets wants to better manage financial data and workflows via its business automation platform  

Bluesheets, a Singaporean AI-powered data-processing platform that enables financial automation for enterprises, has raised $4 million led by Insignia Ventures. The latest funding, which brings its to

Singapore’s taxi operator ComfortDelGro enables tourists from Malaysia and South Korea to use mobile wallets apps for paying fares

ComfortDelGro, a Singaporean taxi operator, announced Thursday its partnership with Alipay+, enabling tourists from Malaysia and South Korea to use their mobile wallet apps Touch ’n Go eWallet and

Unlikely players team up to lead South Korea’s air taxi industry

South Korea, which lacks the VC, entrepreneurial ecosystem and aerospace legacy of the U.S., might be the first to lay the groundwork for taking air mobility from expensive project to viable service.

Temasek’s Pavilion Capital backs South Korean AI chip maker Rebellions with $50M investment

Global venture capital firms are pouring money into the semiconductor startups developing the next generation of chips. Semiconductors, which have become a valued asset, are used in virtually almost e

South Korean content providers raise service fees in the wake of Google’s in-app payment policy

South Korean app developers and content providers are upping their paid subscription and service fees on Google’s Play marketplace due to the heavy 15-30% commissions now required following Google&#

Plastic upcycling startup Novoloop raises $10M Series A extension to accelerate commercialization

Novoloop, a plastic upcycling startup, said Wednesday it has raised a $10 million Series A extension round co-led by South Korean chemical firm Hanwha Solutions and Taizo Son’s Mistletoe. This follo

SwipeRx lands $27M from MDI and Gates Foundation to digitize the pharma industry in Southeast Asia

SwipeRx, a platform for pharma professionals, said Tuesday it has secured a $27 million Series B round led by Indonesia’s MDI Ventures, with participation from the Gates Foundation, Johnson & Jo

Terra creator Do Kwon faces prosecution in South Korea

Do Kwon, the creator of the stablecoin TerraUSD (UST) and its sister token Luna, is facing legal prosecution in South Korea over the collapse of the two coins that wiped out billions of dollars from i

Investors cheer as Coupang cuts net loss 29% in Q1

Japan’s Zeals raises $38.8M to scale its chat commerce platform

Zeals, a Tokyo-based startup that lets businesses communicate with their customers via its chat application, said Thursday it has secured $27.2 million (3.5 billion yen) in equity and $11.6 million (1

Tripolygon, a 3D modeling software developer, lets metaverse creators make their own 3D assets

There are a number of ways to make money in the metaverse by participating in play-to-earn games, buying virtual real estate or creating 3D assets on metaverse platforms like Roblox, AltspaceVR and VR

Seadronix aims to reduce marine accidents at port and sea with AI

South Korean startup Seadronix wants to reduce the issue of marine accidents, 75% of which are caused by human error, according to a 2019 Allianz safety and shipping report. The company just secured a

South Korea’s OHouse lands $182M to add AR to home improvement app

During the worst days of the pandemic, when people were stuck at home and starving for some form of entertainment beyond streaming yet another TV series, many turned to DIY home improvement projects.

AccelByte, a backend services platform for game developers, raises $60M led by SoftBank Vision Fund 2

AccelByte, a platform that helps game creators build backend services and tools, has raised $60 million in Series B led by SoftBank Vision Fund 2, with participation from Sony Interactive Entertainmen

South Korea’s RECON Labs raises $4.4M to help shoppers visualize products by creating 3D models in AR   

Augmented reality (AR) can help customers shopping online preview products before making a purchase, and is a growing area of investment for e-commerce businesses. According to a recent survey of 16,0

Glorang scores $10M Series A to expand its edtech marketplace across Asia 

Glorang, a Seoul-based edtech startup that offers after-school classes and extracurricular activities via online for students between the ages of 3 and 18, said Friday it has raised a $10 million Seri
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