Silicon Valley VC

Venture capital Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet

Naver Ventures, the first dedicated Silicon Valley venture capital arm of Naver Corp., has made its debut investment in Nvidia Corp.-backed TwelveLa...

Tech, Media & Telecom S.Korea’s Naver to launch Silicon Valley venture arm in aggressive AI push

Naver Corp., South Korea’s top internet portal operator, plans to set up a dedicated venture capital arm in Silicon Valley in a move seen as a...

Robotics LG CNS, Bear Robotics to co-develop autonomous robots

LG CNS Co., a South Korean information technology service company, said on Monday it signed a memorandum of understanding (MOU) with Bear Robotics...

Batteries Samsung Electro-Mechanics to produce all-solid-state batteries in 2026

LAS VEGAS – Samsung Electro-Mechanics Co. will unveil a sample of an ultra-compact all-solid-state battery within the year for mass production...

Energy Hanwha to exit from polysilicon business in US

Hanwha Solutions Corp., the energy unit of South Korea’s chemicals-to-financial conglomerate Hanwha Group, will likely withdraw from the polys...

Korean startups Asan Nanum to offer Silicon Valley residence to Korean startups

The Asan Nanum Foundation, a South Korean startup accelerator program operator, said on Thursday it will open a residency space for Korean venture f...

Korean startups Naver D2SF accelerates investments in Silicon Valley startups

South Korea's online giant Naver Corp.'s startup nurturing organization D2SF (D2 Startup Factory) said on Friday it started to discover and invest i...

Pension funds S.Korea's NPS opens fourth overseas office in Silicon Valley

South Korea's National Pension Service (NPS), the world's third-largest pension fund, opened an office in Silicon Valley, San Francisco, on Septembe...

Artificial intelligence Liner ranks 9th in generative AI services selected by a16z

South Korea's generative AI startup Liner said on Friday that its search service ranked 9th in the web services category of the Top-100 Gen AI Consu...

Korean startups S.Korea's early stage VC funding down amid dearth of targets

Early stage startup funding has plummeted in South Korea as venture capitalists shifted to late-stage venture firms with stable business models amid...

Bio & Pharma Samsung to invest $52 mn in US biotech VC Flagship Pioneering

Samsung C&T Corp., its bio units Samsung Biologics Co. and Samsung Bioepis Co. and Samsung Venture Investment Corp. have committed a combined 72...

Future mobility Hyundai Motor to set up software R&D center in Silicon Valley

Hyundai Motor Group, the world’s third-largest carmaker, is set to establish a software research center in Silicon Valley as software is becom...

Leadership & Management LG Chairman Koo to embark on US trip to oversee battery, AI projects

Koo Kwang-mo, chair of South Korea’s fourth-largest conglomerate LG, will embark on a weeklong business trip to the US next week to seek new g...

Private equity Korea's KDB widens gap in VC fundraising in H1; NPS to fund in July

The capital commitments of state-run Korea Development Bank (KDB) have widened the gap for South Korean venture capital firms in fundraising over ...

Pension funds NPS to spur buyout, VC in US tech sector: chairman

South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, will speed up its private equity (PE) investments ...

Venture capital VC firm DSC Investment forms Korea's largest secondary fund

South Korean asset manager DSC Investment has formed the country’s largest-ever fund for venture capital secondaries to explore opportunities ...

Energy Qcells launches commercial operations at new plant in Georgia, US

Hanwha Q Cells Co., a solar power unit of South Korea’s chemicals-to-defense conglomerate Hanwha Group known as Qcells in overseas markets, ha...

Artificial intelligence SK Networks establishes AI lab in Silicon Valley

South Korea's SK Networks Co. announced on Wednesday that it opened the PhnyX Lab, an artificial intelligence (AI) technology development organizati...

Artificial intelligence LG CNS hosts Startup Day in Silicon Valley

LG CNS Co., an information technology service company under South Korean conglomerate LG Group, announced on Thursday that it held the Startup Day i...

E-commerce Blight of failing e-commerce startups in South Korea

Linkshops, once touted as a future unicorn candidate in South Korea, declared bankruptcy last month even after garnering 15.4 billion won ($11.4 mil...

Fashion LF’s fashion brand Dunst teams up with E-Land for China push

South Korean clothing company LF Corp. said on Monday that its street fashion brand Dunst will build an offline presence in China in partnership wit...

Automobiles IL Science enters UK silicon lens market

South Korea's IL Science Co. said on Monday that it signed a contract with the US-based automotive electronics company Polymer Optics to supply an i...

Artificial intelligence Upstage establishes US subsidiary in Silicon Valley

South Korea's artificial intelligence (AI) startup Upstage announced on Monday that it established the US corporation Upstage AI in Silicon Valley, ...

Batteries EV battery makers' silicon anode demand set for take-off

The global market of silicon anode, a lithium-ion battery component garnering attention due to its higher energy capacity and faster charging than g...

Korean chipmakers Gaonchips opens corporation in Silicon Valley

South Korea’s Gaonchips Co. announced on Friday that it opened its new overseas corporation Gaonchips America Inc. in Silicon Valley, the US...

Korean startups Korean learning platform Elice raises $14.9mn from Vertex

Elice Inc., a South Korean startup offering an all-in-one digital learning platform for teachers and corporations, will transform into an artificial...

Bio & Pharma Samsung eyes biotech investments via Flagship Pioneering

Samsung C&T Corp., Samsung Biologics Co. and Samsung Bioepis Co. will ramp up investments in US biotechnology startups in collaboration with Fla...

IPOs Fintech platform operator Viva Republica revives IPO plan

Viva Republica Inc., the operator of South Korea’s fintech platform Toss, has revived plans to go public after pushing back its stock market d...

Electronics Samsung Galaxy S23 FE due in Korea; to premiere S24 model in January

Samsung Electronics Co., the world’s largest smartphone maker by volume, is launching the Galaxy S23 FE series – its latest fan edition ...

Energy Hanwha’s REC Silicon plant restarts as US-China tension eases

REC Silicon ASA, a US-based polysilicon maker, in which Hanwha Solutions Corp. and its affiliate have a 33% stake, has restarted operations after a ...