Start-ups Attract Record Investments

  • By Jang Hyeong-tae

    July 21, 2021 11:35

    Korean start-ups attracted record investments in the first half of this year.

    According to Start-up Alliance Korea on Tuesday, a non-profit organization that works to help them grow, start-ups attracted W4.35 trillion worth of investments in the first six months, already surpassing last year's total of W3.35 trillion (US$1=W1,149).

    The total number of investments increased 61 percent on-year to 512. Healthcare start-ups attracted 58 investments, online retail 47 and content 45.

    "Interest in health increased due to the coronavirus pandemic, while investments in online consumption and content like webtoons and movies also surged," the alliance said.

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