Startup news, Korea: Yanolja gets record funding, SD Biosensor IPO & more

The deal was finalized between Yanolja, the Korean travel-leisure platform, and SoftBank Vision Fund 2 as the latter invested $1.7 billion in the former. Also, Yanolja strengthens its data security with Query Pie. BMQ & Korea International Trade Association (KITA), Naver Cloud & Ministry of SMEs, and Startups announce acceleration programs for Korean startups. Check some interesting news from the Korean startup ecosystem.

Yanolja snaps up $1.7b funding as SoftBank ramps up Korea tech bet

Source: Korea Herald 

FILE PHOTO: SoftBank Corp’s logo is pictured at a news conference in Tokyo, Japan, February 4, 2021. REUTERS/Kim Kyung-Hoon/File Photo/2021-07-08 15:01:33/

Travel and leisure platform operator Yanolja completed a $1.7 billion investment round by sole investor SoftBank Vision Fund 2, the company said on Thursday.

Yanolja said the company will use the proceeds to scale digital transformation of the global travel and hospitality industry and expand its technology offerings in new…

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