Seoul
KKR-backed data center provider opens first facility in Korea
The Seoul opening comes less than a week after the company announced plans to expand its Jakarta operations to meet rising regional demand.
A16z Crypto to open first Asia office in Seoul
The venture firm, which invests in cryptocurrency startups, has raised over US$7.6 billion across four funds, according to its website.
Korean chipmaker FuriosaAI seeks $300m in pre-IPO: sources
The new fundraising could start as soon as January, with most proceeds expected to go toward developing FuriosaAI’s third-generation AI chip.
OpenAI reportedly to launch Seoul office in September
OpenAI announced its intention to open a Seoul office in May and has been hiring locally since then.
Salesforce-backed South Korean AI startup Datumo nets $15.5m
Co-founded in 2018 by Kim alongside five KAIST alumni, Datumo was formerly known as SelectStar.
Seoul mayor pushes AI-led upgrade in governance
By the end of 2025, the city will launch its own large language model for policy support.
South Korea plans $7.3b package for chip manufacturing investments
The package will focus on chip materials, essential equipment makers, and fabless companies, Reuters reported.
Modhaus bags $8m in series A money to blend K-pop with blockchain
Modhaus sees its platform Cosmo as the “K-pop Linkedin” where fans can connect with idol groups and collect their NFT-format photocards.
South Korea allocates $177m to back local metaverse industry
The city government of Seoul is also building a metaverse platform designed to give citizens virtual access to public services, CNBC reported.
Seeds Capital backs energy storage firm’s $3m round
VFlowTech provides alternative, industrial-scale energy solutions that are low-cost and allow for longer storage durations.



