Tag: south korea

Danggeun Market, the South Korean secondhand marketplace app, raises $33 million Series C

Danggeun Market, the startup behind Karrot, South Korea’s largest neighborhood marketplace and networking app, announced today that that it has raised a $33 million Series C. The round was led by Goodwater Capital and Altos Ventures. The funding brings Danggeun Market’s total raised so far to $40.5 million. Its list…

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Greyparrot bags $2.2M seed to scale its AI for waste management

London-based Greyparrot, which uses computer vision AI to scale efficient processing of recycling, has bagged £1.825 million (~$2.2M) in seed funding, topping up the $1.2M in pre-seed funding it had raised previously. The latest round is led by early stage European industrial tech investor Speedinvest, with participation from UK-based early…

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With $84 million in new cash, Commonwealth Fusion is on track for a demonstration fusion reactor by 2025

Commonwealth Fusion Systems closed on its latest $84 million in new funding two weeks ago. The U.S. was still very much in the lockdown phase and getting a deal done, especially a multi-million dollar investment in a new technology aiming to make commercial nuclear fusion a reality after decades of…

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South Korean cafe uses robotic baristas to comply with social distancing

With its COVID-19 outbreak seemingly contained, South Korea may offer the rest of the world a glimpse of what society could look like after the pandemic ends — and it may include robotic baristas. According to Reuters, a cafe in Daejeon, South Korea… Source

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Samsung gets approval for Galaxy Watch Active 2’s ECG, but only in Korea

The ECG sensor on the Galaxy Watch Active 2 has gone unused for the better part of a year, but it’s finally close to fulfilling its original purpose… in one country, anyway. Samsung has received approval to use the ECG feature for measuring heart r… Source

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LG finally takes the wraps off its mid-range Velvet smartphone

After weeks of teasers, leaks and announcements, LG has finally officially unveiled its Velvet phone in South Korea. Since we already knew pretty much everything about the device, the big news is that it’ll soon finally be available to buy — in South… Source

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