Learn how to validate your startup idea by pre-selling it, for only $80 (includes a free 1-hour consultancy call).
South Korea Accelerators & Incubators

27 Successful Accelerators and Incubators in South Korea

There are hundreds of accelerators and incubators in South Korea and we have compiled the 27 best ones in this blog article.

Ad

Pendo Black

Deep analytics, flexible in-app guides, feedback management made easy—no coding necessary. Ready to see what Pendo can do for your org? Join our upcoming group demo on Jan. 27

Accelerators and incubators are essential for helping new startups take flight.

New entrepreneurs looking to transform their great business idea into a successful and sustainable business sometimes don’t have the experience or connections to make that happen on their own.

The staff of an accelerator or incubator can help by providing support, space, mentorship, connections and more.

To help you out, we've compiled a list of 27 accelerators and incubators from South Korea.


27 Accelerators and Incubators in South Korea

1) Primer

1) Primer

Since January 2010, Korea has had a startup accelerator.

Details of the startup:

  • City: Seoul
  • Started in: 2010
  • Founders: Douglas Guen
  • Industries: Facilities Support Services, Social Entrepreneurship, Venture Capital
  • Number of investments: 32
  • Number of exits: 2

You can find their website here.

2) Awesome Ventures

2) Awesome Ventures

Awesome Ventures backs and accelerates early-stage businesses with significant growth potential.

Details of the startup:

  • City: Mapo
  • Started in: 2017
  • Industries: Consulting, Incubators, Management Consulting, Venture Capital
  • Number of investments: 11

You can find their website here.

3) FuturePlay

3) FuturePlay

FuturePlay is an early-stage investor and accelerator focused on deep tech firms.

Details of the startup:

  • City: Seoul
  • Started in: 2013
  • Founders: Danny Yoon, Hoseok JUNG, Jaesun Han, Jung-hee Ryu, Sungjae Hwang
  • Industries: Analytics, Artificial Intelligence, Big Data, Hardware, Health Care, Human Computer Interaction, Software, Venture Capital
  • Number of investments: 32

You can find their website here.

4) SparkLabs Accelerator

4) SparkLabs Accelerator

SparkLabs Accelerator is a Korean business accelerator that offers startups money and coaching.

Details of the startup:

  • City: Seoul
  • Started in: 2012
  • Founders: Bernard Moon, Eugene Kim, Hanjoo Lee, Jimmy Kim
  • Industries: Automotive, Enterprise Software, Incubators
  • Number of investments: 156
  • Number of exits: 5
  • Accelerator Duration (in weeks): 13

You can find their website here.

5) NAVER D2 Startup Factory

5) NAVER D2 Startup Factory

NAVER D2 Startup Factory is a Naver-created technology startup incubator.

Details of the startup:

  • City: Seoul
  • Started in: 2013
  • Number of investments: 8

You can find their website here.

6) NEOPLY

6) NEOPLY

NEOPLY is a South Korean-based startup accelerator.

Details of the startup:

  • City: Bundangdong
  • Started in: 2008
  • Industries: Angel Investment, Blockchain, Consulting, Finance, Incubators, Information Technology, Internet, Venture Capital
  • Number of investments: 31
  • Number of exits: 1

You can find their website here.

7) Bigbang Angels

7) Bigbang Angels

Bigbang Angels is a cross-border early-stage accelerator and investor.

Details of the startup:

  • City: Seoul
  • Started in: 2012
  • Founders: Michael Hwang
  • Industries: Agriculture, AgTech, Artificial Intelligence, Biotechnology, Electronics, Enterprise, Health Care, Internet of Things, SaaS
  • Number of investments: 55

You can find their website here.

8) Magna Investment

8) Magna Investment

Magna Investment is a venture capitalist, accelerator, and private equity investor.

Details of the startup:

  • City: Seoul
  • Industries: Financial Services
  • Number of investments: 13

You can find their website here.

9) K-Startup Grand Challenge

9) K-Startup Grand Challenge

The K-Startup Grand Challenge is an initiative run and funded by South Korea's NIPA.

Details of the startup:

  • City: Pangyo
  • Started in: 2019
  • Industries: Association
  • Number of investments: 11

You can find their website here.

Ad

Pendo Black

Deep analytics, flexible in-app guides, feedback management made easy—no coding necessary. Ready to see what Pendo can do for your org? Join our upcoming group demo on Jan. 27 →

10) DreamPlus

10) DreamPlus

DreamPlus is an ICT accelerator with the goal of building a global coalition of accelerators to develop a startup ecosystem in Asia.

Details of the startup:

  • City: Seoul
  • Started in: 2014
  • Number of investments: 1

You can find their website here.

11) Sunbo Angel Partners

11) Sunbo Angel Partners

Sunbo Angel Partners is a corporate holding company and investor with a strong focus on technology.

Details of the startup:

  • City: Busan
  • Started in: 2016
  • Number of investments: 3

You can find their website here.

12) Schmidt

12) Schmidt

Schmidt is an investment-type accelerator that focuses on firms that are less than three years old.

Details of the startup:

  • City: Seoul
  • Started in: 2014
  • Industries: Business Development, Finance, Financial Services
  • Number of investments: 1

You can find their website here.

13) WECOOK

13) WECOOK

WeCook is a collaborative kitchen where restaurants may develop and sell food and beverages.

Details of the startup:

  • City: Seoul
  • Started in: 2015
  • Industries: Collaboration, Coworking, Food and Beverage

You can find their website here.

14) Crevisse

14) Crevisse

Crevisse is a social venture investor and incubator that supports social companies that benefit society.

Details of the startup:

  • City: Seoul
  • Industries: Financial Services
  • Number of investments: 4

You can find their website here.

15) Seoul Techno Holdings

15) Seoul Techno Holdings

Seoul Techno Holdings' mission is to market and support Seoul National University-affiliated technology and entrepreneurs.

Details of the startup:

  • City: Seoul
  • Number of investments: 4

You can find their website here.

16) MashUp Angels

16) MashUp Angels

MashupAngels is a seed accelerator in Korea that focuses on early-stage startups.

Details of the startup:

  • City: Seoul
  • Started in: 2013
  • Founders: Taekkyung Lee
  • Industries: Angel Investment, Incubators
  • Number of investments: 7

You can find their website here.

17) New Paradigm Investment

17) New Paradigm Investment

New Paradigm Investment is a commercial investment firm as well as a company builder.

Details of the startup:

  • City: Seoul
  • Number of investments: 1

You can find their website here.

18) VentureSquare

18) VentureSquare

VentureSquare is a Korean startup accelerator that delivers the most up-to-date information on Korean startups, including news, trends, and analysis.

Details of the startup:

  • City: Seoul
  • Started in: 2010
  • Industries: Finance

You can find their website here.

19) KOISRA Seed Partners

19) KOISRA Seed Partners

Korean-Israeli Seed Fund and Startup Accelerator with Mentorship.

Details of the startup:

  • City: Seoul
  • Started in: 2014
  • Founders: Aviram Jenik, Eyal Victor Mamou
  • Industries: Incubators, Venture Capital
  • Number of investments: 16
  • Accelerator Duration (in weeks): 24

You can find their website here.

20) Spring Camp

20) Spring Camp

Springcamp is a venture capital and private equity organization that invests in gaming and entertainment enterprises.

Details of the startup:

  • City: Seoul
  • Number of investments: 23
  • Accelerator Duration (in weeks): 8

You can find their website here.

21) Techstars Korea Accelerator

21) Techstars Korea Accelerator

The Techstars Korea Accelerator is dedicated to assisting and nurturing the Korean startup community.

Details of the startup:

  • City: Seoul
  • Industries: Business Development, Consulting, Management Consulting
  • Number of investments: 9
  • Accelerator Duration (in weeks): 13

You can find their website here.

22) Heritage Blocks

22) Heritage Blocks

Cryptocurrency, Blockchain, Investment, Acceleration, and Marketing are some of the terms that come to mind when thinking about cryptocurrency and blockchain.

Details of the startup:

  • City: Seoul
  • Started in: 2018
  • Founders: Edward Park, Eugene Kang
  • Industries: Advertising, Blockchain, Consulting, Cryptocurrency, Marketing

You can find their website here.

23) Y&Archer

23) Y&Archer

Y&Archer is a startup accelerator that helps companies break into the worldwide market.

Details of the startup:

  • City: Seoul
  • Started in: 2015
  • Industries: Consulting, Impact Investing, Management Consulting

You can find their website here.

24) Gold Ark

24) Gold Ark

Gold Ark is a global scale-up accelerator focused on early-stage startups.

Details of the startup:

  • City: Seoul
  • Industries: Finance, Financial Services, Information and Communications Technology (ICT), Manufacturing

You can find their website here.

25) K-Startup

25) K-Startup

Startup Acceleration Program on a Global Scale

Details of the startup:

  • City: Seoul

You can find their website here.

26) Commax Venturus

26) Commax Venturus

Commax Venturus is a startup accelerator and ecosystem builder for IoT and smart home development.

Details of the startup:

  • City: Yeoksamdong
  • Started in: 2017
  • Industries: Finance, Financial Services, Social Entrepreneurship

You can find their website here.

27) Shinhan Future's Lab

27) Shinhan Future's Lab

Shinhan Future's Lab is a business accelerator that supports joint ventures and commercialization.

Details of the startup:

  • City: Seoul
  • Industries: Business Development, Finance, Financial Services

You can find their website here.

The All-In-One Newsletter for Startup Founders

Every week, I’ll send you Failory’s latest interviews and articles, curated resources for founders, and updates on how I’m growing the site to $10k/mo. Join +10,000 other startup founders!