Kate Park

The Latest from Kate Park

Refract raises $8.5M SGD funding, announces new game development division 

Refract, a Singapore-based extended reality (XR) startup, announced today it has closed approximately $8.5million SGD (approximately $6million) Series A led by Sea Limited along with international fam

Bokksu bags $22M Series A at a $100M valuation to deliver traditional Asian groceries to your home 

Bokksu CEO Danny Taing has always been passionate about Japanese food and culture, so he moved to Tokyo after college and lived there for four years. When Taing moved back to NYC, he brought a suitcas

South Korea’s agtech startup Green Labs raises $140M Series C to accelerate global expansion

Green Labs, a South Korean agtech startup, announced this week it has closed a $140 million Series C led by BRV Capital Management, with participation from Skylake Incuvest and SK Square. The startup

Ancient8 secures $4M in seed to democratize social and financial access in the metaverse

Ancient8, Vietnam’s blockchain gaming guild, develops a community and software platform to enable everyone to play P2E (play-to-earn) games and build the metaverse while earning rewards. “We l

South Korean HR automation platform flex raises $32M Series B at a $287M valuation

South Korea-based human resources management platform flex announced today it has closed a $32 million Series B round at a valuation of $287 million. The latest funding, which brings its total raised

North Korea hacked nearly $400M in cryptocurrency last year 

North Korean hackers launched at least seven attacks on cryptocurrency platforms last year to steal almost $400 million worth of digital assets, according to a report by blockchain analysis firm Chain

Shield bags $15M Series A to address surging demand for its AI-powered communication compliance platform

Over the past two years, since the pandemic hit, there has been a sharp rise in financial crime compliance costs, nearing $50 billion in 2021, up 58% compared to 2019, in the U.S. and Canada. Shield,

Web3Auth secures $13M from Sequoia India to simplify crypto onboarding and authentication

Web3 is seen as the future of the internet because it allows people to control their own data and digital assets, but crypto developers have been learning from the past when it comes to onboarding new

AmazeVR gets another $15M to forge the future of immersive concerts 

AmazeVR, a virtual reality concert platform that enables users to experience their favorite artists’ VR concerts through content generation tools, announced today it has secured $15 million, which w

Apple to allow third-party app payment options in South Korea

Apple has submitted its compliance plans to allow developers to use third-party payment options in South Korea at a reduced service fee, the Korea Communication Commission (KCC) said on Tuesday. The K

Korean car-sharing startup SOCAR has filed for an IPO   

SOCAR, a south Korean car-sharing startup, has filed for an initial public offering, announced on Wednesday by Korea Exchange. The details — the number of shares to be offered in the IPO and the

ianacare picks up $12.1M to fundamentally change the family caregiver experience

There are more than 54 million family caregivers in the United States. Working family caregivers spend an average of 25 hours a week caring for their loved ones on top of their full-time jobs, and u

AIMMO bags $12M Series A to advance data labeling technology  

Most artificial intelligence models are trained through supervised learning, meaning that humans must label raw data. Data labeling is a critical part of automating artificial intelligence and machine

SK Hynix gets China approval to take over Intel’s NAND business 

South Korean chipmaker SK Hynix said on Wednesday it has received merger clearance from the Chinese antitrust authority for its $9 billion acquisition of Intel Corp’s NAND and SSD (solid-state drive

Line is lining up an NFT service for next year

Japan-based messaging app Line Corporation, which is wholly owned by Z Holdings, will launch an NFT service next year via its new organization LineNext to provide the marketplace for companies and ind

Kurly lands $210M pre-IPO at a $3.3B valuation months after its last funding

  Just half a year after its last Series F round announcement, Korean online grocery startup Kurly has closed $210 million in a pre-IPO round from single backer Anchor Equity Partners, a Hong

ManageXR grabs $4 million seed round to scale XR business 

KakaoEntertainment subsidiary acquires fantasy fiction platform Wuxiaworld

    South Korean startup Kakao Entertainment announced today it has acquired Wuxiaworld, an Asia fantasy fiction platform, via its serialized fiction app subsidiary Radish to bolster the

Cylus raises $30M Series B to help protect trains and metros worldwide

As rail systems undergo a digital revolution and become far more connected and advanced, railway operators face a rapidly growing threat landscape. To combat this, railway companies demand more robust

Indonesian insurtech startup Fuse gets $25M Series B extension to expand further in Southeast Asia

Indonesia-based insurtech startup Fuse announced today it has secured $25 million of Series B extension round as it plans to enter more countries, including Thailand and Vietnam in Southeast Asia. The
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