Kate Park

The Latest from Kate Park

YC-backed Pelago, a virtual clinic for addiction treatment, raises $58M Series C

Pelago,  Y Combinator-backed telehealth company that uses cognitive behavioral therapy (CBT) to help treat people with tobacco, alcohol and opioid addictions, said Thursday it had raised a $58 millio

StealthMole raises $7M Series A for its AI-powered dark web intelligence platform 

StealthMole, an AI-powered dark web intelligence startup that specializes in monitoring cyber threats and detecting cybercrime, announced Thursday that it has raised a $7 million Series A funding roun

Web3 investment firm Borderless Capital acquires CTF Capital to bring AI and quant expertise

Borderless Capital, an investment firm that specializes in web3, announced Tuesday that it is acquiring CTF Capital, a quantitative trading and asset management firm headquartered in Miami, with techn

PocketHealth eases doctor-patient communications with easy image exchange

Have you ever needed a copy of your medical imaging to take to your doctor or another healthcare provider and been handed a CD? You’re not alone. Many radiologists still use CDs and similar anti

Bear Robotics, a robot waiter startup, just picked up $60M from LG

LG Electronics may no longer be a household name in smartphones, but it still sees a big future in gadgets like robots. Today, the company confirmed a $60 million investment in Bear Robotics, the Cali

This Korean startup wants to take on Carta in cap table management

A South Korean startup called QuotaLab is on a quest to follow in the footsteps of Carta, the cap table management company that’s used by a host of startups and investors in the U.S. Carta start

Mark Zuckerberg woos Big Tech in Asia to double down on AI chips

Meta CEO Mark Zuckerberg, who is touring Asian countries this week, said in a meeting with South Korean President Yoon Suk Yeol on Thursday that Meta wants to beef up its cooperation with Samsung Elec

Silence Laboratories, a cryptographic security startup, secures funding

Silence Laboratories, a startup that builds infrastructure using multiparty computation (MPC) to help enterprises keep data private and safe, said it has raised a $4.1 million funding round. Pi Vent

Techtaka raises $9.5M for its e-commerce fulfillment service

Techtaka, a South Korean online shopping fulfillment startup that provides third-party logistics services for e-commerce sellers, has raised $9.5 million (12.6 billion KRW) in a Series B round of fund

SoftBank’s Masayoshi Son is reportedly seeking $100B to build a new AI chip venture 

SoftBank Group’s Masayoshi Son has made no secret of his intent to double down on the red-hot artificial intelligence industry. Now he’s fundraising for his next move in that strategy. Acc

Samsung chief Jay Y. Lee acquitted in 2015 merger case  

Samsung Electronics executive chairman Jay Y. Lee has been declared not guilty on the charge of stock price manipulation and accounting fraud related to the merger of Samsung affiliates in 2015, a Sou

Wattpad, a storytelling platform, cuts 10% of its staff as part of company reorganization

Wattpad, a Toronto-based storytelling platform owned by Naver’s Webtoon Entertainment, confirmed it laid off around 20 staff, or less than 10% of its workforce, according to a spokesperson of W

Rebellions lands $124M to develop its new AI Rebel chip with Samsung

Rebellions, a South Korean fabless AI chip startup, said today it has closed $124 million (165 billion KRW) in a Series B round of funding to develop its third AI chip, called Rebel. The startup will

Aniai is bringing a burger-cooking robot to restaurants with $12M

Aniai, a startup that has built a burger-grilling robot, Alpha Grill, said today it has raised $12 million, bringing its total raise to $15 million. The money will go toward launching its first manufa

Terraform Labs files for Chapter 11 bankruptcy 

Singapore-based Terraform Labs (TFL), the company behind digital assets TerraUSD (UST) and Luna, filed for Chapter 11 bankruptcy in Delaware following the collapse of its cryptocurrencies in 2022. Te

Korea’s Myrealtrip cashes in on travel rebound with $56M in new funding

Myrealtrip is the latest travel tech company to ride a growing post-pandemic tourism industry. The Seoul-based startup said today it has raised $56.7 million (75.6 billion KRW) in a Series F equity ro

LG opens its first US EV charging factory in Texas 

LG Electronics has opened its first electric vehicle (EV) charger facility outside of South Korea — in Fort Worth, Texas — to capture a share of North America’s competitive EV chargi

Google cuts over 1,000 jobs in its voice assistance, hardware teams as Fitbit founders leave

Google is laying off over 1,000 employees across multiple divisions, including engineering and services, late Wednesday. The affected divisions include voice-activated Google Assistant as part of the

Tack One launches an improved version of its location tracker for children and seniors

Tack One, a Singapore-based startup, wants to help make sure your kids, elderly parents and pets are safe with AI-powered location technology. Today, the company unveiled its new generation of GPS de

Korean micromobility startup Gbike may buy up the competition before its 2025 IPO

While micromobility companies around the globe have been in limbo and hitting snags like bankruptcy, shutdown and layoffs, a Seoul-based shared e-scooters and e-bikes operator called Gbike is gea
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