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Newswire: Korea Credit Data raises to be near-unicorn

In the latest fundraising round, Korea Credit Data secured 40B KRW to be marked at 800B KRW (roughly 770M USD). That’s 2x jump from earlier this year in April when KCD was able to raise at 400B KRW. The lead for this round was GS Corporation, along with KB Bank and K-Clavis, who all re-upped together.

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Our lead for global discussions went on air last week here in Korea to talk about the Korean Unicorns and VC scene. Inbae Lee was invited into the studio at Arirang TV, the national English broadcast station that covers all topics, and this time they wanted an insider’s perspective and take on why unicorn companies end up taking on a lot of foreign capital.

There are a lot of intricacies and legacy issues behind such phenomena. Inbae shares a bit of them in front of the camera on their evening news in-depth segment.

Full clip below.

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