SEUM Law is a boutique law firm based in Seoul. It has a technology focus and is a member of the law firm alliance, TAGLaw. In addition, it is a Korean member of Privacy Rules, a data privacy organisation, as well as the Enterprise Ethereum Alliance.
Focusses / specialisms
The firm is known for its commitment to the development of the startup ecosystem in Korea. It often works for startup companies, technology companies and venture capital funds handling mid-sized M&A deals for the seller. The firm also advises buyers in local and cross-border transactions.
Key clients
Key clients of the firm include 500 Startups, Naver Corporation, LINE Corporation, Kakao, Techstars, Hashed, Hyundai Motors, HiteJinro, Daewoong Pharmaceutical Co., Celltrion, Hybe (BigHit Entertainment), Wemakeprice Inc., StradVision, NAVER Z, Knowre, Dior, and Phantom AI.
Research period review:
33rd edition (2022/2023)
During the research period, the firm continued to be active in the corporate space. The firm was preoccupied with domestic public and private acquisitions. Active industry sectors including technology and telecommunications, healthcare, industrials and manufacturing, transport, food and beverage, media, fashion, pharmaceuticals and life sciences. Apart from regularly advising on corporate registration matters, the firm was also active in the blockchain/cryptocurrency field.
Deal highlights: 33rd edition (2022/2023)
Cake Corporation’s KRW91 billion merger with Hybe Edu Inc.
Genesis Lab Inc.’s KRW20 billion Series B financing.
Cardiac Insight’s KRW27.4 billion sale of 100% shares to DreamTech.
Alpha Vista Investment's KRW16.5 billion investment in Dear Dahlia.
Merck’s €110 million acquisition of Mecaro’s chemical business division.
