South Korea's startup investment shrinks, down 77% in two years

The Startup Alliance, a non-profit organization working to develop the startup industry in Korea, has released a report titled "Investment Trends of Platform Startups."
The amount of investment into platform startups that build and provide online platform services such as magazines, social media, and digital content is expected to reach 314 cases and 5.49 trillion yen in 2021.
This is a 77.2% decrease from 2.5 billion won (approximately 619.51115 billion yen) in 2019 to 216 cases worth 1.2486 trillion won (approximately 140.77267 billion yen) in 2023.
The share of platform investment in the overall investment market will decrease from 55.7% in the July-September quarter of 2021 to 8.9% in the October-December quarter of 2023.
In addition, in the platform investment market, investments of less than 1 billion won (approximately 1.1268 trillion yen) and undisclosed investments will increase over the three years to 2023, while the investment amount will be
The proportion of currency exchange rates of won (approximately 11.27 trillion yen) or more has decreased significantly from 16.6% in 2021 to 7.9% in 2023.
The survey targets venture capital and corporate ventures.
-A startup that receives external investment from capital firms, accelerators, financial institutions, etc. and provides platform services.