The startups are part of a delegation sent by the Korean Mobile Internet Business Association (MOIBA)
Korean startups are becoming rising stars in the global tech landscape, thanks to their home market’s state-of-the-art hi-tech infrastructure and strong economy and a rise in the number — and ticket size — of investments from tech conglomerates such as Tencent and SoftBank.
And while Korean startups are flourishing, South Korea is also looking beyond its shores to woo foreign startups to set up in their country as well as foster cross-border collaborations.
The Korean Mobile Internet Business Association (MOIBA), the country’s largest association of mobile startups, founded in 2009, recently launched an initiative in Southeast Asia to expose Korean startups to regional markets, generate synergies — and potential deal flows — and build and reaffirm long-term ties.
Together with e27, MOIBA launched two roadshows in Malaysia and Thailand, showcasing a batch of 15 early stage (Series A) Korean startups to over 100 stakeholders in the ecosystem.
Without further ado, here are the enterprising startups.
FXGear is a company that offers a suite of AR and VR software and hardware. Its NOON VR virtual headset and app allows users to upload and share VR content within the community.
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It also offers VR camera gear for media production firms.
Additionally, the company develops fashion AR solutions called the FXMirror and Fit’ N Shop for e-commerce businesses. These tools enable shoppers to preview and try out clothes using virtual avatars.
Besides AR and VR, FXGear also providers VFX creation solutions for developers, allowing them to integrate fluid or particle-based effects into their apps.
SmartStudy is an edtech startup that develops educational videos, apps and toys for children. For example, its ABC Phonics app offers phonics song animations from A to Z as well as 26 word games.
Apart from that, SmartStudy also organises educational concerts, featuring their mascot Pinkfong.
Toy’s Myth develops smart city and IoT hardware and software solutions for the B2B market. It has partnered with businesses such as Intel and Starbucks.
Additionally, it offers a consumer-focused robot companion called SimSimi.
Creative Bomb is an edtech startup that develops educational content for children.
It says that its Boto the Dolphin app can help a child develop cognitive and creative abilities through puzzles and other games
Additionally, Creative Bomb develops animations for TV, internet TV and mobile, VR/AR Content and textbooks
Blue Core is a startup that develops IoT medical devices for the aesthetics market.
ACTS Co. Ltd
Acts co. ltd. produces high-quality optical products in Korea. It develops head-mounted displays, pico projectors and other kinds of optical display devices.
IMTV is a media production firm that has produced over 50 shows, including documentaries, educational and entertainment programmes, for broadcast stations.
NPC Factory is a mobile game developer formed last year.
It develops mobile games for both casual and hardcore players. One of its creation is “Bingo Man”, a mobile bingo game.
KOCN is the largest digital cartoon publisher and distributor in Korea. Some of its webtoons include Coffee and Supper and El Rodablass
Zip Lab is a gaming startup that focuses on creating web browser-based games using HTML and WebGL. Some of its notable games include Cosmic Online, Block Breaker, Speed Maze, and Moles Attack.
KDH is a content company specialising in producing webtoons/cartoons, management and producing solutions in the digital content industry.
NBRO is a mobile gaming company. Its most successful game is a fighting game called Army Vs Zombie, which has garnered a total of 3,000,000 downloads.
New F.O
New F.O is a mobile gaming company formed in 2011. Some of its games include social network game ‘My Store: Let’s Get Rich‘, multiplayer online battle arena game ‘Defence of Three Kingdoms(MOBA)’, and role-playing game ‘Denma’.
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Currently, it is developing ‘Lookism’ & ‘ReturnKING’, which is a real-time simulation & defence genre game.
Youcanstar
Youcanstar is a digital content and gaming startup that develops VR content. Besides making content for the mobile platform, it has also developed games for the Playstation 4 and Xbox One.
One of its more notable games is The Cubes.
Danbicoms
Danbicoms is a digital content startup that produces, distributes mobile toons, net comics, flash animations and mobile games.
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The article is produced by the e27 content marketing team, sponsored by MOIBA. Click here for more information on MOIBA.
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