Seoul’s startup and tech ecosystem is world class — here’s what you need to know

Seoul’s startup ecosystem is set to take on the tech world. The city is already home to 8,708 startups, 85 accelerators, and the country has a total of 10 unicorns (with the majority based in Seoul). In terms of IPOs, while most markets across the world have taken a hit during the pandemic, Seoul’s burgeoning biotech scene has helped position the city as a leader. According to a recent article by the Financial Times: “SK Corp … announced that it aimed to raise Won 959.3bn ($780m) by floating subsidiary SK Biopharmaceuticals on the country’s bourse next month. It will be…

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