[Korean Startup Weekly News #40] AIGEN Sciences Secures $9 Million to Advance AI-Driven Drug Discovery

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Catch up on last week’s top stories from the startup ecosystem in the Korean Startup Weekly News.

Headline

AIGEN Sciences Secures $9 Million to Advance AI-Driven Drug Discovery AIGEN Sciences, a Korea-based AI drug discovery firm, raised KRW 12B to enhance its proprietary AI platform and advance its small-molecule drug pipeline.

Latest Funding News

Check out the latest funding news for Korean startups

AnaBatIC Semiconductor Secures Series A Funding to Revolutionize Battery Management Systems AnaBatIC Semiconductor raises Series A funding to develop cutting-edge BMS solutions, optimizing battery performance and safety across key industries.

BISTOOL Secures Pre-Series A Funding to Expand Premium Facial Silicone Implant Line, SOFIT BISTOOL, known for its FDA and CE-certified SOFTXiL facial implants, raises KRW 7 billion to develop its premium SOFIT implants for both local and global markets.

Dovie Studio Secures Pre-Series A Funding for B2B Lead Generation Platform Hypersales Dovie Studio secures pre-Series A funding to scale its B2B sales platform, Hypersales, improving efficiency for sales teams across various industries.

TIM Robotics Secures Seed funding to Develop Autonomous Forklifts for Brownfield Environments TIM Robotics has secured seed funding from Mashup Ventures and Seoul Techno Holdings. The startup is developing autonomous forklifts using SLAM technology to operate in Brownfield environments.

TextileRe Secures KRW 600M in Seed Funding, Aims for Eco-Friendly Textile Recycling TextileRe, a Korea-based startup, has raised KRW 600 million in seed funding and is developing eco-friendly solutions for waste textile recycling using its Closed Loop Recycling model.

inblog Secures Seed Funding to Redefine Enterprise SEO SaaS Solutions inblog, an enterprise SEO SaaS provider, raised seed funding to enhance its platform, enabling companies to implement high-efficiency inbound marketing strategies.

Korean Startup Interview

Meet startups that are striving for global expansion through exclusive interviews

[Korean Startup Interview] YAHO LAB: Revolutionizing Vietnam’s In-Home Tutoring Market with AI and Tailored Services YAHO LAB is transforming Vietnam's education market with its AI-driven in-home tutoring service, offering personalized solutions for over 670M households.

[Korean Startup Interview] MAI Derma’s Cutting-Edge Skincare Tech: The Power of Painless Microneedles Specializing in painless microneedles, MAI Derma has developed a groundbreaking transdermal delivery system that ensures effective absorption of active ingredients, aiming to lead the global anti-aging market.

[Korean Startup Interview] AETECH’s AI-Powered Robots: Transforming the Global Recycling Industry AETECH is leading waste management with its AI robot, Atron, enhancing efficiency and accuracy in recycling through automated sorting technology.

Others

Google’s AI Academy Debuts in Asia-Pacific, Featuring 23 Startups Including 7 from Korea

Google's AI Academy aims to enhance AI solutions in sectors like healthcare and finance. With 23 startups participating, including seven from Korea, the program highlights AI’s growing impact.

Floatic Teams Up with Geek+ to Deliver Integrated Robotics Solutions for E-commerce Warehouses

With a new partnership, Floatic and Geek+ will deliver cutting-edge, scalable robotics solutions to warehouses in the Asia-Pacific, combining their strengths to drive efficiency and innovation.