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Seongnam, South Korea is a key area for technology startups, with a strong focus on AI and semiconductor development. The city is also home to major players in digital media and mobility.
Companies like AI chip developer Rebellions have secured significant funding, raising $457.7M. Meanwhile, established names like Kakao Mobility have attracted investments totaling $1B.
Below is our list of 15 Seongnam startups worth keeping an eye on.
Everything you need to raise funding for your startup, including 3,500+ investors, 7 tools, 18 templates and 3 learning resources.
Buy It For $97 $297 →Information about the industries, countries, and cities they generally invest in.
Get the Sheet for $50Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.
Get the Sheet for $50List of startup investors in the BioTech, Health, and Medicine industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50List of 250 startup investors in the AI and Machine Learning industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50List of 250 startup investors in the FinTech and Finance industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50Rebellions develops AI accelerator chips and data center systems designed for efficient inference in large-scale applications. Their hardware is engineered to handle the intensive computational demands of modern AI models within data centers.
DEEPX builds AI semiconductor technology designed to be a powerful and energy-efficient solution for edge devices. Their lineup of NPUs provides the hardware needed to run complex AI models directly on products like smart cameras and robots.
SK biopharmaceuticals develops and commercializes new medicines for central nervous system disorders. The company has brought multiple therapies to market, including a globally available treatment for epilepsy in adults.
XCENA builds intelligent memory solutions and computing architectures based on CXL technology. Their hardware is designed to enable memory pooling and sharing, which helps solve critical performance bottlenecks in data centers.
Sky Labs created a smart ring that serves as a mobile personal health analysis and prediction system. Their wearable technology is designed for continuous monitoring and early detection of health issues.
Line Next builds a global NFT platform, DOSI, used by creators and brands to launch their own digital collectibles. The company is focused on making Web3 more accessible by providing an all-in-one solution for creating, trading, and managing digital assets.
Thinkware develops a line of advanced dash cameras for the global automotive market. The company is recognized for its market-leading technology, which includes superior night vision and integrated driver-assistance systems.
Kakao Entertainment develops and circulates a vast array of content, including digital comics, novels, original music, and videos. The company connects creators with a global audience through its extensive network of entertainment platforms.
Kakao Games publishes a wide array of PC and mobile games, serving a global player base across various genres. The company operates as the gaming division of South Korean tech conglomerate Kakao, connecting developers with new audiences.
Kakao Mobility develops and runs Kakao T, South Korea's leading smart mobility platform. The app connects millions of users with a variety of services, including taxi-hailing, parking, navigation, and designated drivers.
Those ten companies are just the start of the story in Seongnam. Founders across the city are tackling problems in everything from healthcare to AI, raising hundreds of billions of Won along the way.
Some are established players while others are much earlier in their journey. Here are five more companies helping to define Seongnam's startup scene.
| Startup | Industry | Year Founded | Amount Raised | Last Funding Round |
|---|---|---|---|---|
| Healthcare | 2017 | ₩152B | Series C | |
| Automation | 2013 | ₩31.1B | Series B | |
| Hardware | 1990 | ₩60B | Private Equity | |
| AI | 2010 | ₩30B | Venture Round | |
| Manufacturing | 2013 | $2M | Grant |
