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Seoul startup ecosystem

Explore documented companies, programs, research institutions, and investors connected to Seoul. Superscout does not promise local investment access.

Population
10,349,312
Time zone
Asia/Seoul
Fig. 1045 · Gyeonghoeru Pavilion

About

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

On in Seoul 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.

All events in Seoul

Today, Sunday, Nov 1

OOO Welcome NOV | 에이전틱 워크플로우

LeeSergio · Beauty Selection 뷰티셀렉션
Free

Thursday, Nov 5

Incorporation Crash Course ft. Free Seal, Free Consultation & Pizza🍕

Global Startup Center · Global Startup Center
Free

Ollama x FriendliAI Seoul Meetup

Meetup · FriendliAI
Free

Friday, Nov 6

Let’s Study Bitcoin In English With Kimchi!!

ORIGIN X · 비트코인 하우스 오리진
Free

₿itDev Socratic Seminar

ORIGIN X · 비트코인 하우스 오리진
Free
Regular hostsORIGIN X · 5Global Startup Center · 2Hayato Shibahara · 2KindsWorkshops · 3Meetups · 2Mixers · 1

Startup ecosystem standing

Where Seoul ranks

Rankings that list Seoul
RankingEditionPositionSince last editionTrustWhat it measures
Global Innovation Index: Innovation Cluster Ranking (formerly Science and Technology Clusters)2026#5No changeBInnovation, Research, Activity
Global Financial Centres IndexGFCI 40#7Up 1BFinance, Competitiveness, Business Climate
Global Startup Ecosystem Report (GSER)GSER 2026#9Down 1CEcosystem, Performance, Finance, Talent, Innovation
Global Tech Ecosystem Index2026#10No prior editionBEcosystem, Finance, Growth, Talent, Innovation
Global Cities Index (Kearney)2016#11No prior editionBCompetitiveness, Performance, Talent, Business Climate
Global Startup Ecosystem Index (cities)2025#20Up 3BEcosystem, Activity, Finance, Business Climate
Global Cities Index (Oxford Economics)2026#38No prior editionBPerformance, Growth, Talent, Competitiveness, Business Climate
Positions come from each publisher's edition. Open a ranking for its method and trust notes, or an edition for the full list.

189 organizations with a profile

Who's based in Seoul

Investors 146

SK Networks logoInvestor

Investing in AI, sustainability, and innovative technologies.

The 3 most prominent of 146. Browse all investors

Accelerators 31

SparkLabs Korea | 스파크랩 logoAccelerator

SparkLabs Korea is a startup accelerator and early-stage investor based in Seoul, focusing on helping Korean technology startups scale globally through…

FuturePlay logoAccelerator

Accelerating deep tech startups in South Korea.

The 3 most prominent of 31. Browse all accelerators

Incubators 9

The 3 most prominent of 9. Browse all incubators

Venture studios 3

Based here, most-ranked first

Universities in Seoul

Pick what describes you

Your way in

Questions about Seoul

How does Seoul rank as a startup ecosystem?

Seoul is #20 of 1,473 in StartupBlink Index (cities) (2025). It appears in 7 published rankings; the table above lists each one.

How many startup investors are based in Seoul?

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.

Are there accelerators or incubators in Seoul?

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..

Which universities are in Seoul?

4 universities have a profile: Yonsei University, Korea University and Hanyang University and more.

Geographic proximity

Nearby cities to Seoul

All cities in Korea, Republic of

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