March 23, 2022

Korean startup Dongnae secures $21M Series A to scale apartment rental service

Dongnae, a South Korea-based startup that helps tenants find premium apartment rentals, has closed $16.4 million (20 billion KRW) in equity and $4.1 million (5 billion KRW) in debt. The Series A funding brings its total funding raised to approximately $34 million (40 billion KRW).

Investors include NFX, Daol Investment, Hana-Magna, Hana Financial, MetaProp, Fursys, Han River Partners, Flybridge and Maple. WeWork co-founder Miguel McKelvey also participated in the equity financing.

Read The Full Article

Latest Press