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.
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.
KV portfolio company Asleep (https://www.asleep.ai/) was featured on Euronews last week!
It was showcased as “… one of the few sleeping technologies that you do not have to wear on your body.” All one has to do is to fall asleep with the IoT enabled Asleep system to keep track of one’s behavioral patterns to monitor quality of sleep, and get provided with recommendations on how to improve.
All this via utilizing smart speakers by analyzing slight changes in its Wi-Fi signal. Yes, it’s cool and it works.
![Newswire: ‘Rebellions.ai’ [Bloomberg]](https://miro.medium.com/fit/c/224/224/1*RhAxnryAZjBVnI0MOqZS6g.jpeg)
![Newswire: ‘Rebellions.ai’ [Bloomberg]](https://miro.medium.com/fit/c/160/112/1*RhAxnryAZjBVnI0MOqZS6g.jpeg)
![Newswire: Korea Credit Data closes series C [Korea Economic Daily]](https://miro.medium.com/fit/c/224/224/1*GFRb11f5qvcaP69k3iiVLw.png)
![Newswire: Korea Credit Data closes series C [Korea Economic Daily]](https://miro.medium.com/fit/c/160/112/1*GFRb11f5qvcaP69k3iiVLw.png)
