South Korea is home to more than 15,000 startups, making it one of the most vibrant startup economies in the world.
Seoul in particular is a hotbed of incredible talent, with startups within the city driving innovation in a variety of fields.
Here are the 10 Seoul startups we’re most excited about.
1. Moreh – AI model
Moreh makes building AI models easier and more cost-effective, allowing companies to scale at scale.
Moreh makes AI development easier and more accessible by enabling users to build, operate, and maintain custom AI.
2. BOS Semiconductors – Self-driving car chips
The startup develops systems-on-chips for use in self-driving cars.
The automotive industry is already benefiting from their technology, with major car brands Hynadia and Kia partnering with them on research.
3. ABLY – Shopping app
ABLY is just one of many fashion tech companies emerging from South Korea’s startup scene.
The company leverages big data to provide personalized recommendations on fashion items and other e-commerce products. Its business model relies on recurring commissions from partners, and sellers do not have to pay any platform fees.
4. Panmesia – Memory Management
Panmesia is working to make systems more intelligent by removing memory limitations.
With its proprietary chips, the company’s mission is to make devices faster without reducing data storage. For businesses, these technologies enable them to reduce capital and operational costs while enhancing technology.
5. Airs Medical – Medical Technology
The startup is helping to improve the accuracy of MR scans for various health tests, making it easier and faster for patients to get test results.
The company wants to make healthcare more patient-friendly, accessible, and efficient, providing a superior healthcare experience for everyone. Airs Medical has also improved venipuncture success rates, achieving a 98% vein recognition rate for healthcare professionals.
6. Kurly – Grocery delivery
Kali was built around a unique selling point: fresh groceries delivered by dawn for orders placed by 11pm, and it revolutionised the delivery services market in Korea.
From artisan bread, kimchi and tofu to unique imported items, Kurly offers a variety of food items to its customers and promises next-day delivery.
7. WRTN Technologies – Lighting AI Technology
WRTN Technologies uses natural language processing and AI to help anyone who has to write as part of their job, making writing professional.
The startup uses an AI-powered writing assistant to bring humans and AI together in writing, boosting creativity and productivity.
8. Bemyfriends – SaaS for building relationships
This software-as-a-service startup aims to foster engagement and create connections with fans and customers.
Subscribers can create their own fan hub where they can publish content, sell event tickets and merchandise, communicate with their fans, etc. The platform allows fans to communicate more authentically and stay engaged with their favorite creators.
9. Cloud Hospital – Healthcare Technology
This online platform records your specific medical needs and provides you with the right medical solutions no matter where you are in the world.
Cloud Hospital’s technology seamlessly connects millions of patients around the world with the best medical and aesthetic experts to give them what they need.
10. Tridge – Data Hub
Tridge connects buyers and suppliers through a digital platform.
The platform connects buyers and suppliers from around the world to facilitate trade through global food sourcing, market insights, food pricing, and import/export data.
