Markets

South Korea

Step into South Korea’s innovation-driven economy and thriving tech ecosystem.

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Facts & Figures

Companies
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Global startup ecosystem, known for its high-tech innovation

(Startup Genome, 2023)

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Year-over-year growth in venture capital funding

(PitchBook, 2023)

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Unicorns, positioning Korea as a regional leader

(CB Insights, 2023)

Continents
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Globally in internet connectivity

(World Bank, 2023)

Intro

World-leading technology, an advanced infrastructure, and forward-thinking industries make South Korea a prime market for ambitious startups.

Expand Your Business Horizons in South Korea

Ranked as one of the most innovative countries globally, South Korea combines cutting-edge technology with a strong entrepreneurial spirit. As the fourth-largest economy in Asia, it is a leader in advanced manufacturing, digital transformation, and cultural exports, providing German startups with a strategic entry point into the broader Asian market.

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Locations

Our Hubs in the South Korea

Seoul

01

Seoul is home to 60% of the country’s startups who benefit from cutting-edge infrastructure, numerous accelerators and fresh talent from more than 50 universities based in the city.

Busan

02

South Korea’s second largest city, Busan is also home to a thriving startup scene, with sub sector strengths in Marine Tech and Smart City.

Pangyo Techno Valley

03

Pangyo Techno Valley, South Korea’s version of Silicon Valley, is home to some of the country’s top tech firms, including NCSoft Corp., Kakao, SK Planet, and Nexon.

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