5. Korean startups are getting investment and acquisition from overseas VCs
This year, many Korean startups received significant investment from Silicon Valley VCs. Coupang, a social commerce company, received a US$100 million investment from Sequoia Capital. Yello Mobile, a mobile media business in South Korea comprised of more than 50 companies, raised US$100 million from Formation 8 at a US$1 billion valuation.
Korean startups are also starting to get acquired by Silicon Valley companies. Tapjoy, a leading mobile ad-tech and monetization platform, acquired 5Rocks, a Korean analytics and marketing automation company. 5Rocks has a lot of customers, mostly game developers in Korea and Japan, and is also considering getting into the Chinese market through Tapjoy’s subsidiary in Shanghai.
Virtuous cycles are is now created in Korea’s startup ecosystem. In the next few articles, I will elaborate on these individual startups.
現在、韓国のスタートアップエコシステムでは好循環が作り出されている。これからの記事では、個々のスタートアップについて詳しく述べていく。
それで韓国系スタートアップのエコシステムに良い循環が生み出された。この後のいくつかの記事で個別の会社について更に詳しく書く予定だ。
追加お願いします。タイトルに「買収」が抜けています。
5. 韓国のスタートアップは海外のVCから投資や買収を受けている