South Korea's startup environment is supported by a wide range of accelerators and incubators.

The government-backed TIPS Program is a major contributor with over 1,500 investments in technology startups. Private firms are also active, with BonAngels Venture Partners making over 240 investments and Springcamp funding more than 260 companies.

Below is our list of the best 75 accelerators and incubators in South Korea.

Failory's Top 10 Picks

As a private sector-led initiative in South Korea, the TIPS Program selects and supports promising technology startups. Since its founding in 2013, the program has made over 1,500 investments, providing crucial resources to a high volume of early-stage tech companies.

Year Founded2013
Founders—
Nº of Investments1519
Nº of Exits40

As one of South Korea's pioneering early-stage investors, BonAngels Venture Partners champions startups with seed funding and foundational support. They back founders across a wide array of technology sectors, including FinTech, AI, and mobility, helping them build their companies from the ground up.

Year Founded2007
Founders—
Nº of Investments247
Nº of Exits16

SparkLabs runs a mentorship-driven program providing seed funding for early-stage startups in sectors like AI, gaming, and fintech. The program is designed to help founders scale globally, connecting them with an international network of mentors and investors to enter new markets.

Year Founded2012
FoundersEugene Kim, Jimmy Kim, John HanJoo Lee, Bernard Moon
Investment AmountUp to $100K + $900K perks
Equity TakenUp to 6% (negotiable based on size/investment status)
Nº of Investments229
Nº of Exits9
Program TypeOn-Site
Duration (Weeks)13

FuturePlay champions deep tech startups, providing early-stage investment and acceleration for founders tackling complex technical challenges. Their support helps these ventures navigate the path from an ambitious idea to an impactful, market-ready company.

Year Founded2013
FoundersDanny Yoon, Sungjae Hwang, Hoseok JUNG, Jung-hee Ryu, Jaesun Han
Nº of Investments235
Nº of Exits6
Program TypeOnline
Primer Logo

5. Primer

As Korea's first startup accelerator, Primer offers seed funding and hands-on mentorship to early-stage companies in sectors like mobile, software, and internet services. They have helped launch successful ventures including MyRealTrip and Bungaejangter, establishing a strong portfolio of Korean tech startups.

Year Founded2010
FoundersDouglas Guen
Nº of Investments120
Nº of Exits6
Program TypeOn-Site
Duration (Weeks)24

As the corporate venture capital arm for the Lotte Group, Lotte Ventures identifies and funds promising early-stage startups. They provide crucial strategic value by connecting these companies to the conglomerate's vast business ecosystem and market access.

Year Founded2016
Founders—
Nº of Investments222
Nº of Exits5

As an impact investor and accelerator, Sopoong Ventures backs startups that are built to solve pressing social issues. They provide both the capital and active guidance necessary for these purpose-driven businesses to scale their impact.

Year Founded2008
FoundersJaewoong Lee
Nº of Investments144
Nº of Exits4
ActnerLab Logo

ActnerLab provides venture capital and acceleration for early-stage startups, with a specific focus on the hardware, IoT, and biotech industries. They help these specialized companies establish an initial foothold and prepare for future growth.

Year Founded2012
FoundersInje Cho
Nº of Investments113
Nº of Exits4

Run by venture entrepreneurs, C&Venture Partners provides practical accelerator programs designed to support early-stage startups. Their hands-on approach focuses on direct mentorship for founders, helping them refine their business models and prepare for fundraising.

Year Founded—
Founders—
Nº of Investments55
Nº of Exits4
Springcamp Logo

Springcamp provides essential funding and hands-on support for promising early-stage companies. The venture capital firm's on-site program helps founders navigate the initial challenges of building and scaling their startups.

Year Founded2015
Founders—
Nº of Investments267
Nº of Exits4
Program TypeOn-Site
Duration (Weeks)8

65 Additional South Korea Accelerators and Incubators Worth Applying To

Our top picks are a great place to start, but the list of helpful programs doesn't end there. The accelerators below have backed over 2,100 startups combined.

That's a lot of opportunity for founders looking for support. Here are the other programs helping build new companies across South Korea.

Accelerator/IncubatorYear FoundedNº InvestmentsNº Exits
CNTTECH logo CNTTECH20032553
Seoul Business Agency(SBA) logo Seoul Business Agency(SBA)1998663
Seoul Techno Holdings logo Seoul Techno Holdings—703
Lotte Accelerator logo Lotte Accelerator2016253
NAVER D2SF logo NAVER D2SF20151212
Bigbang Angels logo Bigbang Angels2012972
Schmidt logo Schmidt20141212
New Paradigm Investment logo New Paradigm Investment2016922
The Invention Lab logo The Invention Lab20141472
Mint Venture Partners logo Mint Venture Partners2020192
ZER01NE logo ZER01NE—212
Sunbo Angel Partners logo Sunbo Angel Partners2016732
NEOPLY logo NEOPLY2008412
JL Partners logo JL Partners2017202
MiraKle Lab logo MiraKle Lab201652
KOISRA Seed Partners logo KOISRA Seed Partners2014172
Korea Investment Accelerator logo Korea Investment Accelerator2021901
Digital Healthcare Partners logo Digital Healthcare Partners2016481
TAP Angel Partners logo TAP Angel Partners2018141
VentureSquare logo VentureSquare2010421
Kingsley Ventures logo Kingsley Ventures2016371
Chungbuk Creative Economy Innovation Center logo Chungbuk Creative Economy Innovation Center201671
Sherpa Ventures logo Sherpa Ventures—111
Company B logo Company B—131
Mediati logo Mediati—21
Bluepoint logo Bluepoint2014179—
Y&Archer logo Y&Archer201538—
WECOOK logo WECOOK2015——
MYSC logo MYSC2011120—
Klim Ventures logo Klim Ventures202034—
nonce Classic logo nonce Classic20206—
Genaxis logo Genaxis201926—
New Flight logo New Flight20167—
Ulsan Creative Economy Innovation Center logo Ulsan Creative Economy Innovation Center201513—
BlissVine Ventures logo BlissVine Ventures202115—
KRYPTON logo KRYPTON200036—
Chungnam National University logo Chungnam National University19526—
CNT Tech-DB Dream Big Investment Association logo CNT Tech-DB Dream Big Investment Association—13—
Gangwon Creation Economic Innovation Center logo Gangwon Creation Economic Innovation Center201521—
Impact Square logo Impact Square201017—
JNP-AVENTURES logo JNP-AVENTURES201310—
Mark & Company logo Mark & Company201918—
Nvestor (Korea) logo Nvestor (Korea)201515—
POSTECH Holdings logo POSTECH Holdings201247—
ZD Ventures logo ZD Ventures20239—
Korea University Holdings logo Korea University Holdings—21—
Wise Planet Company logo Wise Planet Company20133—
Rabbit Ventures logo Rabbit Ventures20238—
Kingospring logo Kingospring—21—
Startup Research logo Startup Research20194—
Company D logo Company D20163—
Incheon Center for Creative Economy and Innovation logo Incheon Center for Creative Economy and Innovation201512—
Awesome Ventures logo Awesome Ventures201712—
Clarevoyant Ventures logo Clarevoyant Ventures20143—
ETRIHOLDINGS logo ETRIHOLDINGS201025—
ENSL Partners logo ENSL Partners201631—
HYU Holdings logo HYU Holdings200813—
Star Ventures logo Star Ventures—9—
Commax Venturus logo Commax Venturus201724—
Regent Partners logo Regent Partners20184—
Hexagon Ventures logo Hexagon Ventures20168—
Plan H Ventures logo Plan H Ventures201918—
Spacejump logo Spacejump20082—
Kim Gisa Lab logo Kim Gisa Lab202335—
IPS Ventures logo IPS Ventures201832—