KDB Capital
Korea autonomous driving player gets $25m
Korea’s Seoul Robotics, which specialises in computer vision for 3D sensors used by autonomous cars, has raised a USD 25m Series B round led by KB Investment.
SK Group raises fund to support struggling firms
Korea’s SK Group has created a KRW100 billion ($85 million) private equity fund intended to promote shared growth with smaller partner companies. Rather than offer loans to suppliers, the fund will invest directly in competitive firms that are struggling...
Korea looks to ramp up alternative investments
South Korea’s regulatory bureau is reviewing the country’s financial laws in an effort to scope out methods of augmenting Korea’s alternative investment landscape, through means including domestic private equity and hedge funds, according to Reuters.