Korean startup news
Summary
The investment has been made by purchasing KRW 2.5B redeemable convertible preferred stock (RCPS) issued by Reverse Lab. According to the Korean government, the total size of the private academy market size in South Korea was KRW 21T(USD 18B).Payap, an online commerce solution provider for Vietnamese market, received seed from SpringCampPayap, an online commerce API service provider for chatbot based, received seed investment form Spring Camp. Payap is working on developing the Sleep On service for the Vietnamese market.RTM, an AI-based analysis solution for the manufacturing process, received KRW 400M seed investment from Bluepoint Partners and Kinsley Ventures. Founded in June 2018, the startup is providing analysis solutions for high tech industries manufacturing such as semiconductors and display. Due to the maintenance and repair cost, most of the local farmers are keeping the existing old ones that cause marine pollution within contaminated discharge water.