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[Korean Startup Weekly News #54] Allra Fintech Closes $9.1M Series B Funding to Expand Early Payment Services
Catch up on last week’s top stories from the startup ecosystem in the Korean Startup Weekly News.
Headline
Allra Fintech Closes $9.1M Series B Funding to Expand Early Payment Services Korean startup ????? (Allra Fintech) raised $9.1M in Series B funding, led by KB Kookmin Card. The funds will expand its early payment service and support global and traditional market entry by 2025.
Latest Funding News
Check out the latest funding news for Korean startups
Mediqstar Secures Series A Investment from Pathfinder H to Expand AI Tuberculosis Diagnostics and AI CRO Business Mediqstar secured Series A funding from Pathfinder H to expand its AI tuberculosis diagnostics and AI CRO business globally, aiming to improve public health and revolutionize clinical trials.
Studio Galilei Secures Pre-Series A2 Funding to Expand Global DRT Mobility Services Studio Galilei secured Pre-Series A2 funding to expand its DRT mobility services globally, targeting markets in Japan and Thailand while strengthening domestic operations and R&D capabilities.?
Seoul Techno Holdings Backs NanumVitamin’s Vision for Hyper-Personalized Welfare Solutions NanumVitamin secured pre-Series A funding to expand its AI-driven hyper-personalized welfare platform, empowering beneficiaries and redefining donations and welfare through innovative CSR solutions.?
Airbility Secures $2.1 Million in Pre-Series A Funding to Propel Air Mobility Solutions Airbility secures 2.1M pre?Series A funding, totaling 3.1M. Funds will boost technology development and global market entry. It plans to showcase AB-0 drone at Busan's Drone Show Korea.?
VIVIDENT Gains $1.5M Funding to Revolutionize Virtual Character IP with Generative AI VIVIDENT, a South Korean AI startup, raised $1.5M in seed funding to develop MoeLive, an interactive platform featuring AI-powered virtual characters blending anime and K-pop culture.?
Vivalabs Secures Seed Funding from Hyperconnect Founder to Revolutionize Senior Fitness Vivalabs, a Korean health-tech company, secured seed funding from Hyperconnect founder Sang-il Ahn to expand its AI-powered senior fitness solutions, focusing on premium centers and nationwide franchise growth.
Regtech Startup Onclev Raises Seed Funding to Combat Money Laundering and Fraud Onclev, a Korean regtech startup, secured seed funding to enhance AI and blockchain-powered crime prevention, strengthen collaborations with institutions, and promote a transparent financial ecosystem.
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Prediction Secures Seed Funding from Bluepoint for EV Battery Diagnostic Solutions Prediction, a South Korean startup, secured seed funding for its AI-powered EV battery diagnostic technology, enabling fast, cost-effective diagnostics during charging and targeting the growing $1.37 billion global market.?
Tect Group Secures Seed Funding to Launch Global Skincare and Makeup Brands Tect Group secured seed funding from BASS Ventures and Kakao Ventures to launch innovative global skincare and makeup brands, leveraging agile marketing and IT expertise to redefine K-beauty.?
Kworkpartners Secures USD 600K Seed Investment for Foreigner Support Platform ‘Kstart’ Kworkpartners secured USD 600 million in seed funding for Kstart, a platform supporting foreign workers and students in Korea. The investment will expand services to enhance foreigners’ integration into Korean society.?
SkinSeoul Raises Funds from 500 Global to Scale AI-Driven K-Beauty PlatformSkinSeoul, an AI-driven cross-border e-commerce startup, secured pre-seed funding from 500 Global and Blueprint Ventures to expand globally, advance AI technology, and revolutionize the K-beauty industry.
Korean Startup Interview
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Others
Freshour Showcases AI-Powered Pet Health Solution ‘BARFDOG’ at CES 2025 Freshour showcased BARFDOG, an AI-driven pet health solution, at CES 2025, offering personalized dietary plans and disease diagnosis. With high diagnostic accuracy and strong subscription retention, the company aims for global expansion and partnerships in 2025.
VESSL AI Showcases AI Agent Technology at CES 2025, Attracts Global Big Tech Interest VESSL AI showcased its AI agent technology at CES 2025, attracting interest from global big tech and corporations. The company secured collaboration opportunities across industries and advanced AI innovation.
Below are interviews with ten startups participating in the 'K-Startup Grand Challenge,' a program designed to assist international startups in entering the Korean market.