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Download The List of the 100 Highest-Valued Unicorns

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Top 23 Accelerators and Incubators in South Korea in 2024

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Accelerators and incubators are essential for helping new startups take flight.

New entrepreneurs looking to transform their great business idea into a successful and sustainable business sometimes don’t have the experience or connections to make that happen on their own.

The staff of an accelerator or incubator can help by providing support, space, mentorship, connections and more.

To help you out, we've compiled a list of 23 accelerators and incubators from South Korea.


23 Accelerators and Incubators in South Korea

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2,189 Accelerators & Incubators

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1,016 Unicorns

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1) SparkLabs Accelerator

SparkLabs Accelerator

SparkLabs is a global accelerator that helps startups that want to expand to the global market get funding and guidance.

Details of the startup:

  • City: Seoul
  • Started in: 2012
  • Founders: Bernard Moon, Eugene Kim, Hanjoo Lee, Jimmy Kim
  • Industries: Internet, Online Gaming, Mobile, Ecommerce, Digital Media
  • Number of investments: 156
  • Number of exits: 5
  • Accelerator Duration (in weeks): 13

You can find their website here.

2) Bigbang Angels

Bigbang Angels

Bigbang Angels is a venture capital firm and cross-border accelerator that was started in 2012. 

Details of the startup:

  • City: Seoul
  • Started in: 2012
  • Founders: Michael Hwang
  • Industries: AI, AgTech, Healthcare
  • Number of investments: 55

You can find their website here.

3) Primer

Primer

Primer is Korea's first startup accelerator. It was started in January 2010 to help younger entrepreneurs succeed by giving them the expertise of more experienced founders and showing them how to recreate it.

Details of the startup:

  • City: Seoul
  • Started in: 2010
  • Founders: Douglas Guen
  • Industries: Mobile, Internet Services, Software, Healthcare
  • Number of investments: 32
  • Number of exits: 2

You can find their website here.

4) FuturePlay

FuturePlay

Future Play creates sustainable startups that will change people's lives within 10 years.

Details of the startup:

  • City: Seoul
  • Started in: 2013
  • Founders: Danny Yoon, Hoseok JUNG, Jaesun Han, Jung-hee Ryu, Sungjae Hwang
  • Industries: Robotics, Energy, Healthcare, Infrastructure Beauty, Blockchain, Real Estate, FinTech, Food VR, AR
  • Number of investments: 32

You can find their website here.

5) NEOPLY

NEOPLY

NEOPLY, a Seoul-based startup accelerator, is focused on investing in South Korean startups.

Details of the startup:

  • City: Bundangdong
  • Started in: 2008
  • Industries: Blockchain
  • Number of investments: 31
  • Number of exits: 1

You can find their website here.

6) Spring Camp

Spring Camp

Springcamp is a private equity and venture capital firm that invests in new businesses in the gaming and entertainment industries.

Details of the startup:

  • City: Seoul
  • Industries: Industry Agnostic
  • Number of investments: 23
  • Accelerator Duration (in weeks): 8

You can find their website here.

7) KOISRA Seed Partners

KOISRA Seed Partners

KOISRA Seed Partner is a Korean-Israeli accelerator that focuses on making local startups into global successes with the help of mentors.

Details of the startup:

  • City: Seoul
  • Started in: 2014
  • Founders: Aviram Jenik, Eyal Victor Mamou
  • Industries: Mobile, Cyber Security, Internet, IoT, Robotics, Medical, Ecommerce, Telecommunications
  • Number of investments: 16
  • Accelerator Duration (in weeks): 24

You can find their website here.

8) Magna Investment

Magna Investment

MAGNA Investment is one of the private multi-asset investment firms in the region that makes a lasting difference for shareholders, teams, businesses, and the places we live.

Details of the startup:

  • City: Seoul
  • Industries: Healthcare, Biotech
  • Number of investments: 13

You can find their website here.

9) Awesome Ventures

Awesome Ventures

Awesome Ventures is a newborn global investor for startups.

Details of the startup:

  • City: Mapo
  • Started in: 2017
  • Industries: Blockchain, Media, FinTech, Finance, EdTech
  • Number of investments: 11

You can find their website here.

10) K-Startup Grand Challenge

K-Startup Grand Challenge

The Korean government sponsors and finances the business acceleration program known as K-Startup Grand Challenge.

Details of the startup:

  • City: Pangyo
  • Started in: 2019
  • Industries: AI, Blockchain, Vehicle Automation, Tech
  • Number of investments: 11

You can find their website here.

11) NAVER D2 Startup Factory

NAVER D2 Startup Factory

D2 is a program that helps developers. It was made by developers for developers.

Details of the startup:

  • City: Seoul
  • Started in: 2013
  • Industries: Industry Agnostic
  • Number of investments: 08

You can find their website here.

12) MashUp Angels

MashUp Angels

Mashup Angels is an investment firm that has been around since 2013 and focuses on early-stage tech startups.

Details of the startup:

  • City: Seoul
  • Started in: 2013
  • Founders: Taekkyung Lee
  • Industries: Fashion, Beauty, Healthcare, AI, Software, FoodTech, FinTech
  • Number of investments: 07

You can find their website here.

13) Crevisse

Crevisse

Crevisse is an investor and business incubator that helps social ventures that help society.

Details of the startup:

  • City: Seoul
  • Industries: Climate Tech
  • Number of investments: 04

You can find their website here.

14) Seoul Techno Holdings

Seoul Techno Holdings

The goal of Seoul Techno Holdings is to bring technology and startups connected to Seoul National University to market and help them grow.

Details of the startup:

  • City: Seoul
  • Industries: Industry Agnostic
  • Number of investments: 04

You can find their website here.

15) Sunbo Angel Partners

Sunbo Angel Partners

Sunbo Angel Partners (SAP) is a global venture capital firm that connects startups with a corporate alliance of 17 limited partners to create opportunities for business collaboration.

Details of the startup:

  • City: Busan
  • Started in: 2016
  • Industries: Green Energy, Ev Value Chain, ICT, Biotech
  • Number of investments: 03

You can find their website here.

16) DreamPlus

DreamPlus

Hanwha Corporation  wants to create a startup ecosystem in Asia by getting accelerators to work together to help Asian startups grow.

Details of the startup:

  • City: Seoul
  • Started in: 2014
  • Industries: FinTech, Healthcare, Wellness
  • Number of investments: 01

You can find their website here.

17) Schmidt

Schmidt

Schmidt is a type of investment accelerator that puts money into companies that have been in business for less than three years.

Details of the startup:

  • City: Seoul
  • Started in: 2014
  • Industries: Mobility, Bio, DeepTech
  • Number of investments: 01

You can find their website here.

18) New Paradigm Investment

New Paradigm Investment

New Paradigm Investment Co. is both an accelerator and a commercial investment company. It helps startups that want to lead innovative growth and change get funding based on their stage and growth.

Details of the startup:

  • City: Seoul
  • Industries: Industry 4.0, Healthcare
  • Number of investments: 01

You can find their website here.

19) WECOOK

WECOOK

WeCook has experts in product planning who help you turn your own idea (recipe) into a product that customers and the market love.

Details of the startup:

  • City: Seoul
  • Started in: 2015
  • Industries: Food, Beverages

You can find their website here.

20) Y&Archer

Y&Archer

Y&ARCHER is a company that has been picked by the Korean ministry of SMEs and Startups to help speed up businesses.

Details of the startup:

  • City: Seoul
  • Started in: 2015
  • Industries: Industry Agnostic

You can find their website here.

21) Gold Ark

Gold Ark

Gold Ark is a global scale-up accelerator that invests in companies that are just getting started.

Details of the startup:

  • City: Seoul
  • Industries: VR, AR, Hologram, Games, EdTech, System Semiconductor, 3D Printing, Smart Factories, 5G Networks, Advanced Materials, ICT, AI, Big Data, Cloud, IoT Drones, Intelligent Robots, Self-Driving Cars, Smart Healthcare, Pharmaceutical, Molecular Diagnosis Technology, Smart Farm, FinTech, Blockchain, FoodTech, New, Renewable Energy

You can find their website here.

22) Commax Venturus

Commax Venturus

Commax Venturus is a Home IoT/Smart Home/AI Start-up Accelerator that wants to create an environment where start-ups and small to medium-sized businesses can work well together.

Details of the startup:

  • City: Yeoksamdong
  • Started in: 2017
  • Industries: Internet, Smart Home Tech, AI

You can find their website here.

23) Shinhan Future's Lab

Shinhan Future's Lab

Shinhan FUTURE'S LAB is the best startup incubator that helps Korean startups grow.

Details of the startup:

  • City: Seoul
  • Industries: FinTech, Proptech

You can find their website here.

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