Tech news picked on 2026-07-31
Synthetic User Technology Enters New Markets
- Synthetic user startup Simile raised $200 million, achieving a valuation of $2 billion.
- This comes just five months after closing a $100 million Series A round.
- In a field where capital is growing this rapidly, it is difficult for Korean teams to compete at the same level, leaving only narrow niches.
- Targeting those niches starts by writing a single line about what synthetic users could replace.
Eco-friendly Materials Have Become a New Focus for Korean Startups
- The article says eco-friendly materials have become a new focus for Korean startups.
- If you notice money flowing into materials, first decide if your product is sold as a material or as a finished product.
- For seaweed-based materials, the verification period at the raw material stage is long, and early investors consider that time.
- At funding program IR sessions, having this answer ready is necessary to secure follow-up investments.
AI Teams from D.CAMP Increased Their Revenue by an Average of Threefold
- Five AI startups from the third batch D-Day at D.CAMP achieved an average revenue growth of three times, with some growing up to 20 times.
- However, this average may have been skewed by one or two teams, and it is unknown whether the revenue growth continued after the support ended.
- Nonetheless, the value of reducing the time needed to meet early customers and investors is clear.
- When choosing support programs, make it a habit to ask for the median value rather than just the average.