InvestorEmpowering South Korea's startup ecosystem through strategic investments.
Explore documented companies, programs, research institutions, and investors connected to Seoul. Superscout does not promise local investment access.
Seoul, the capital city of South Korea, is a bustling hub for startups and venture capital. Especially known for its technological advancements, Seoul is home to many globally successful startups. One of the biggest success stories to come out of Seoul is the global tech company Naver, best known for its search engine. Naver, which was started in a small apartment in Seoul, has transformed into one of the largest tech companies in Asia.
The startup ecosystem in Seoul is bolstered by the Korean government's strong support. The government initiative, the Korean Startup Grand Challenge, aims to turn South Korea into a prominent startup hub by providing funding, office space, and support to startups. They provide $130,000 to the top 60 teams, with extra incentives for the top 20 teams, making it one of the most generous startup incentives in Asia.
Another support platform for startups in Seoul is the Seoul Startup Hub. This organisation provides valuable resources for startups such as office space, mentoring, and various programs aimed at accelerating startup growth.
A number of successful entrepreneurs from Seoul have also risen to prominent positions in the global startup and venture capital ecosystem. One of the most notable is Bom Kim, the founder of Coupang, a Seoul-based e-commerce company. First started as a Groupon-like daily deal site, Coupang transitioned into a full e-commerce company and is considered the Amazon of Korea.
One of Seoul's most influential investors is Altos Ventures, a venture capital firm that was one of the early investors in Coupang. The firm focuses on investments in early-stage tech companies, with a strong emphasis on mobile and software startups.
Moreover, Seoul's startup scene also has a vibrant cultural aspect. The city's strong focus on innovation, coupled with a culture that values hard work and persistence, has led to an environment where startups can thrive.
Notably, Seoul has one of the highest smartphone penetration rates in the world, and South Koreans are known for being early adopters of technology. This creates fertile ground for tech startups to experiment and grow.
This month
19 startup events in the next 30 days, 9 this week, 18 free. The city as a calendar, with the hosts and venues that keep it full.
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Startup ecosystem standing
| Ranking | Edition | Position | Since last edition | Trust | What it measures |
|---|---|---|---|---|---|
| 2026 | #5 | No change | B | Innovation, Research, Activity | |
| GFCI 40 | #7 | Up 1 | B | Finance, Competitiveness, Business Climate | |
| GSER 2026 | #9 | Down 1 | C | Ecosystem, Performance, Finance, Talent, Innovation | |
| 2026 | #10 | No prior edition | B | Ecosystem, Finance, Growth, Talent, Innovation | |
| 2016 | #11 | No prior edition | B | Competitiveness, Performance, Talent, Business Climate | |
| 2025 | #20 | Up 3 | B | Ecosystem, Activity, Finance, Business Climate | |
| 2026 | #38 | No prior edition | B | Performance, Growth, Talent, Competitiveness, Business Climate |
189 organizations with a profile
InvestorEmpowering South Korea's startup ecosystem through strategic investments.
InvestorInvesting in AI, sustainability, and innovative technologies.
InvestorGlobal investment firm specializing in diverse asset classes.
The 3 most prominent of 146. Browse all investors
AcceleratorAccelerating startups in software and technology.
AcceleratorSparkLabs Korea is a startup accelerator and early-stage investor based in Seoul, focusing on helping Korean technology startups scale globally through…
AcceleratorAccelerating deep tech startups in South Korea.
The 3 most prominent of 31. Browse all accelerators
IncubatorEmpowering international entrepreneurs in Korea.
IncubatorSupporting startups and foreign entrepreneurs in Korea.
IncubatorEmpowering entrepreneurs for a better world.
The 3 most prominent of 9. Browse all incubators
Venture studioEmpowering ambitious founders in emerging technologies.
Venture studioInnovating the future of health.
Venture studioBuilding companies together with founders.
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Start scoutingSeoul is #20 of 1,473 in StartupBlink Index (cities) (2025). It appears in 7 published rankings; the table above lists each one.
146 investors based in Seoul have a profile here, including Korea Venture Investment Corporation, SK Networks and Mirae Asset Global Investments. The real number is higher.
Yes. Seoul has 31 accelerators, 9 incubators and 3 venture studios on record, including CNTTECH CO., LTD., Global Startup Center (GSC) and The Founders, Inc..
4 universities have a profile: Yonsei University, Korea University and Hanyang University and more.
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