Country comparison

South Korea vs Mexico: startup funding compared

Since 5 June 2025, startups in South Korea raised $2.5B across 91 rounds, 1.9 times Mexico's $1.3B.

$2.5BCapital raised$1.3B
91Rounds23
$6.8MMedian round$13M
0.4%Share of all capital0.2%
35%Early-stage rounds61%

Capital raised running total by month

$2.5B$1.3B South Korea, end of Jun 25: $22MSouth Korea, end of Jul: $194MSouth Korea, end of Aug: $214MSouth Korea, end of Sept: $478MSouth Korea, end of Oct: $478MSouth Korea, end of Nov: $490MSouth Korea, end of Dec: $490MSouth Korea, end of Jan 26: $557MSouth Korea, end of Feb: $692MSouth Korea, end of Mar: $1.3BSouth Korea, end of Apr: $1.6BSouth Korea, end of May: $1.9BSouth Korea, end of Jun: $1.9BSouth Korea, end of Jul: $1.9BSouth Korea, end of Aug: $1.9BSouth Korea, end of Sept: $1.9BSouth Korea, end of Oct: $2.5BSouth Korea, end of Nov: $2.5BMexico, end of Jun 25: $14.6MMexico, end of Jul: $191MMexico, end of Aug: $214MMexico, end of Sept: $314MMexico, end of Oct: $337MMexico, end of Nov: $344MMexico, end of Dec: $358MMexico, end of Jan 26: $382MMexico, end of Feb: $692MMexico, end of Mar: $700MMexico, end of Apr: $1.1BMexico, end of May: $1.1BMexico, end of Jun: $1.1BMexico, end of Jul: $1.1BMexico, end of Aug: $1.1BMexico, end of Sept: $1.3BMexico, end of Oct: $1.3BMexico, end of Nov: $1.3B Jun 25SeptDecMarJunSept
South KoreaMexico
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Where the money goes share of capital by sector

South Korea

  • AI77%$1.9B
  • Robotics & Hardware8%$207M
  • Health7%$165M
  • Enterprise software4%$109M
  • Climate & Energy1%$37.4M
  • Fintech1%$23.8M

Mexico

  • Fintech45%$596M
  • Other32%$420M
  • AI20%$263M
  • Health3%$35.8M
  • Consumer0%$2M

Biggest rounds

Stage mix share of rounds

South KoreaMexico
16%Pre-Seed and Seed26%
19%Series A35%
16%Series B0%
13%Series C and later22%
35%Other or undisclosed17%

Most active investors rounds joined

InvestorSouth KoreaMexico
Korea Development Bank13·
KB Investment7·
Crit Ventures6·
Hana Ventures6·
D.CAMP5·
Futureplay5·
Bon Angels Venture Partners4·
Korea Investment Partners4·
We Ventures4·
Company K Partners3·
IBK Industrial Bank of Korea3·
IM Investment Partners3·

Startup hubs rounds and capital by city

South Korea

  • Seoul37$1.6B
  • Yongin1$122M
  • Anyang1$27.3M
  • Daejeon1$13.7M
  • Seongnam2$7.6M

Mexico

  • Mexico City12$867M
  • Guadalajara1$7.8M

Latest rounds

Questions

Which country raised more startup funding, South Korea or Mexico?

South Korea. Since 5 June 2025, startups in South Korea raised $2.5B across 91 rounds, against $1.3B across 23 rounds in Mexico, 1.9 times more. That is 0.4% and 0.2% of all the capital FundraiseBase tracked worldwide over the period.

How many startup funding rounds were announced in South Korea and Mexico?

91 rounds in South Korea and 23 rounds in Mexico since 5 June 2025, about 5 and 1 a month.

Are startup rounds bigger in South Korea or Mexico?

The median round is $6.8M in South Korea and $13M in Mexico, and the average round $27.6M and $57.3M. The median shows the typical round; the average is pulled up by a few very large ones.

What is the biggest startup round in South Korea?

The biggest startup rounds in South Korea since 5 June 2025 are FuriosaAI ($620M, 29 Oct 2026), Rebellions ($400M, Growth, 30 Mar 2026) and Rebellions ($250M, Series C, 30 Sept 2025).

What is the biggest startup round in Mexico?

The biggest startup rounds in Mexico since 5 June 2025 are Plata ($405M, Series C, 17 Apr 2026), Kavak ($300M, Series F, 17 Feb 2026) and Klar ($170M, Series C, 1 Jul 2025).

Which sectors attract the most startup funding in South Korea and Mexico?

In South Korea, AI ($1.9B, 77% of the capital), Robotics & Hardware ($207M, 8%) and Health ($165M, 7%) lead. In Mexico, Fintech ($596M, 45% of the capital), AI ($263M, 20%) and Health ($35.8M, 3%) lead.

Is South Korea or Mexico better for early-stage startups?

Early-stage rounds (Pre-Seed, Seed and Series A) make up 35% of rounds in South Korea and 61% in Mexico. South Korea recorded 15 Pre-Seed or Seed rounds and Mexico 6 Pre-Seed or Seed rounds, with a median of $1.5M and $4.8M.

How much growth funding (Series B and later) goes to South Korea and Mexico?

Startups in South Korea raised $901M in 27 Series B or later rounds, 36% of the country's capital. In Mexico, $1B in 5 rounds, 79% of the capital.

Who are the most active startup investors in South Korea?

Korea Development Bank (13 rounds, 5 led), KB Investment (7 rounds, 2 led) and Crit Ventures (6 rounds, 4 led) are the most active investors in South Korea.

Who are the most active startup investors in Mexico?

Kaszek (2 rounds, 2 led), Andreessen Horowitz (2 rounds, 1 led) and Monashees (2 rounds, 1 led) are the most active investors in Mexico.

Which investors back startups in both South Korea and Mexico?

No investor in FundraiseBase joined rounds in both countries yet.

Which cities lead startup funding in South Korea and Mexico?

Seoul leads South Korea with $1.6B across 37 rounds, ahead of Yongin ($122M). Mexico City leads Mexico with $867M across 12 rounds, ahead of Guadalajara ($7.8M).

Which month brought the most startup funding?

In South Korea, October 2026 ($620M). In Mexico, April 2026 ($405M).

How much did startups in South Korea and Mexico raise in the last 90 days?

In the 90 days to 10 Nov 2026, startups in South Korea raised $636M across 2 rounds and in Mexico $190M across 2 rounds.

Where does this data come from?

FundraiseBase lists startup funding rounds from public announcements: press releases, company posts and news coverage, checked and updated every day. Amounts are in US dollars. Some rounds are never announced, so the figures show what was made public, not every round. Corrections are welcome.

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