Most Popular
-
1
Dongduk Women’s University halts coeducation talks
-
2
Russia sent 'anti-air' missiles to Pyongyang, Yoon's aide says
-
3
Defense ministry denies special treatment for BTS’ V amid phone use allegations
-
4
OpenAI in talks with Samsung to power AI features, report says
-
5
Two jailed for forcing disabled teens into prostitution
-
6
Disney+ offers sneak peek at 2025 lineup of Korean originals
-
7
South Korean military plans to launch new division for future warfare
-
8
Gold bars and cash bundles; authorities confiscate millions from tax dodgers
-
9
Teen smoking, drinking decline, while mental health, dietary habits worsen
-
10
Kia EV9 GT marks world debut at LA Motor Show
Future Play, a South Korea-based accelerator, said on Tuesday that it has raised 10 billion won ($8.9 million) in the latest funding for its business expansion.
Its Series B funding drew investment from LG International, DB Financial Investment, Prophet Asset Management, Futura, Data Solution and Hashed, said the company’s CEO and founder Ryu Jung-hee.
The company plans to enter Indonesia later this month and introduce FuturePlace.AI, an online platform to provide tailor-made resources for startups and individuals within the second half next year, the CEO said.
Founded in 2013, Future Play has invested 44 billion won ($39.34 million) in 157 companies in and out of the country as of March. Some 20 percent of its investment went to startups overseas.
By Park Ga-young (gypark@heraldcorp.com)
