The Korea Development Bank (KDB) provides long-term financing for projects designed to assist Koreaâ€:tm:s economic growth and development. It offers equipment capital loans and working capital loans to Korean private enterprises that undertake major industrial projects. The bank also extends guarantees to its clients to facilitate their other borrowings and to finance major industrial projects. KDB guarantees Won-denominated corporate debentures, local currency loans, and other Won liabilities and foreign currency loans from domestic and overseas Korean financial institutions and from foreign institutions. The bankâ€:tm:s other activities include engagement in a range of industrial development activities, including conducting economic and industrial research; performing engineering surveys; providing business analyses and managerial assistance; and offering trust services. As of June 30, 2007, KDB had 40 local branches, 6 overseas branches, and 2 overseas offices. The bank was founded in 1954 and is headquartered in Seoul, South Korea.
Developer of a virtual learning platform designed to connect artists with one another and share practical know-how. The company's platform offers online videos of music, acting, directing, art, photography, design, and cooking to provide learning opportunities, enabling learners to avail knowledge in the comfort of their homes.
Amyloid Solution Inc., based in Seongnam, South Korea, specializes in developing therapeutic drugs for Alzheimer's disease. The company aims to address the complexities of the disease by focusing on the pathophysiological events and underlying mechanisms associated with its progression. Through this approach, Amyloid Solution seeks to create novel disease-modifying treatments that can effectively cater to patients at various stages of Alzheimer's, accommodating the diverse pathological alterations they may experience. By concentrating on these critical factors, the company endeavors to provide healthcare organizations with advanced solutions for managing Alzheimer's disease.
Jaranda Co., Ltd., based in Seoul, South Korea, operates a childcare and education platform that connects teachers, parents, and students. The platform is designed to enhance the educational experience for children by utilizing analytics to match students with appropriate teachers. It offers a range of services, including one-on-one play and learning sessions tailored to the needs of working parents, thereby promoting children's happiness and development. Additionally, Jaranda provides regular visits and lifecycle management services, ensuring that children and pre-teens receive proper educational support in a convenient manner.
MONITORAPP is a company that performs R&D for various application acceleration technology and application security technology based on high-performance application proxy technology to ensure fast and safe application delivery. MONITORAPP's APPLICATION INSIGHT WAF is used by the most companies and public institutions in the Korean web application firewall area, and customers to protect their web application systems using APPLICATION INSIGHT WAF are increasing in the offshore market including Japan and China. In addition, for the complete database protection, APPLICATION INSIGHT DFW which is the nation’s first developed database security gateway in one body type with equipment completely protects the company’s database and application data from various paths through interworking with APPLICATION INSIGHT WAF.
Operator of an online meat-selling platform intended to offer quality meat-based products. The company manages the overall process from feeding, breeding, aging, and processing of the meat, enabling customers to receive quality meat directly without any hassle.
Shopl, stands for “Shop + people”, is SasS-based software trying to resolve problems such as checking field team employees’ attendance and performance, get store data and set sales targets in the retail industry. It is the right technology connecting employees at retail shops and back-office teams at Headquarters. Shopl is in full operation from 2020, and it already secured 10,000 users. Also, it is making revenue from paid customers by providing services to Global manufacturing companies. Shopl helps to manage both employees and store issues in real-time and improves employee engagement in the shop which positively impacts business performance.
Datarize
Series A in 2022
Datarize is an ecommerce firm that offers data-driven SaaS solutions.
Retailer of agricultural and marine food products intended to deliver fresh materials. The company offers shipping services and a mobile app allows customers to check the wholesale market price of food materials and get them delivered safely through refrigerated trucks, enabling customers to get various food products on their doorstep.
42Maru, Inc., founded in 2015 and based in Seoul, South Korea, specializes in developing advanced search engine technology tailored for artificial intelligence applications. The company has created a deep learning-based question-answering system designed to accurately understand user intent and deliver precise answers. With a focus on various sectors, including connected cars, smart speakers, and chatbots, 42Maru leverages its expertise in information retrieval, machine reading comprehension, and natural language processing to enhance user interactions. The company aims to capitalize on the growing shift from traditional web searches to more intuitive question-answering systems, anticipating significant market growth in the coming years. Its business strategy encompasses B2C initiatives through partnerships with major telecommunications companies in Korea and plans for global expansion with multilingual support. With a strong team led by a seasoned CEO who has over 20 years of experience in the search engine industry, 42Maru is positioned to lead in the rapidly evolving AI landscape.
Fount Inc., founded in 2015 and headquartered in Seoul, South Korea, operates as an asset management Robo-Advisor company. The firm offers Bluewhale, a Robo-Advisor engine that utilizes financial engineering technology and asset allocation theories to determine the optimal combination of assets for investors. Fount employs a proprietary investing algorithm based on Big Data technology, which assists clients in planning for various life events. The company emphasizes a passive investing strategy, aligning risk levels with clients' specific time horizons and allowing advanced algorithms to manage investments efficiently.
Cloudike powers cloud storage. Cloudike helps OEMs, mobile and Internet service providers acquire, retain, and upsell their customers by offering a compelling personal cloud experience under their own brand.
Developer of a mobile-based foreign currency platform designed to provide digital travel wallet services. The company's platform includes a currency exchange service, real-time exchange rates, an exchange rate calculator, local cash pick-up, physical card issuance, and an exchange rate graph, enabling tourists and business travelers to get fast and easy money exchange service at a competitive rate compared to retail banks.
Plasmapp Co. Ltd., established in 2015 and located in Daejeon, South Korea, specializes in plasma engineering technology, focusing on the development of plasma curing and sterilization solutions. The company has introduced innovative products such as PMPS, a multi-purpose atmospheric plasma device for generating plasma-treated water and sterilizing medical instruments, and STERPACK packaging pouches, which serve as a novel plasma sterilizer for medical tools. Additionally, Plasmapp has created the PNCM system for precise in-situ monitoring of NOx concentrations. The company draws on advanced plasma technologies developed from research at KAIST and aims to provide effective engineering solutions for various industries, including food processing and medical applications.
Deepbrain AI, founded in 2016 and based in Seoul, South Korea, is an interactive AI company specializing in the development of advanced AI-powered technology solutions. The company focuses on three core areas: AI services that encompass voice, video, and conversational processing; deep learning technologies using multi-layer neural networks for machine learning applications; and chatbot systems designed for non-face-to-face communication that emulate human interaction. Deepbrain AI's conversational artificial intelligence technology has been effectively utilized across various sectors, including broadcasting, education, and customer service. With a total investment of $9.5 million, including a notable $2 million from IDG Capital in 2019, the company is expanding its partnerships with major firms like Microsoft, Kakao Partner, and SK Telecom. This strategic growth positions Deepbrain AI to enhance its offerings and enter new global markets, capitalizing on its innovative technology and increasing demand in the evolving landscape of AI.
Developer of a parenting application designed to match childcare teachers and parenting families. The company's platform helps users to enter the desired time and location and view the profiles of potential sitters, with information including proficiency in various educational areas, personality test results, and criminal history, enabling working parents to connect with vetted part-time babysitters for childcare services.
Fast Five operates as a premium office business center, specializing in co-working spaces designed for startups and small-to-medium-sized companies. With a focus on creating an offline social network, Fast Five provides attractive and efficient office environments in high-demand areas without requiring a deposit for leasing. The company emphasizes community building through a dedicated community manager who fosters connections among members, including founders, investors, professionals, and freelancers. In addition to office space, Fast Five offers communal amenities such as free coffee, draft beer, and networking events, enhancing the overall experience for its members while allowing them to avoid the complexities of managing independent office spaces.
Operator of a biotechnology company intended to provide drug discovery pipelines to treat diseases. The company develops high-quality iPSC-derived cell products through embryonic stem cell technology, enabling clients to conquer unmet medical needs and iPSC technology
Qraft Technologies Inc., founded in 2016 and based in Seoul, South Korea, specializes in designing and developing artificial intelligence-based solutions tailored for the asset management, trading, and insurance sectors. The company focuses on maximizing productivity and enhancing marketability by leveraging data-driven insights. Initially targeting investment professionals, Qraft Technologies provides tools to identify optimal trading strategies. Its offerings are customizable and extend beyond finance to include applications in autonomous driving, insurance underwriting, and purchasing management, reflecting the company's commitment to utilizing AI across diverse business needs.
Sandbox Network, Inc. is a digital entertainment company based in Seoul, South Korea, founded in 2015. It specializes in providing multi-channel network services for the gaming entertainment industry, focusing on content creation for game creators. The company enables digital creators to express their imagination and engage with audiences through its platform, which supports a diverse range of digital content. By fostering an environment where creative individuals can thrive, Sandbox Network aims to entertain and connect audiences around the world.
ABLY Corp., Inc. offers an in-store market collection application for fashion/beauty shopping. The company also offers delivery and after-purchase services for sellers. ABLY Corp., Inc. was founded in 2018 and is based in Seoul, South Korea.
Operator of a digital space creation platform intended to scan the interior space to explain the complex structure. The company's platform uses an interactive VR production system that captures indoor space and provides a visual experience, enabling users to experience the real space without interruption, distortion, exaggeration, or error at any point and direction in the virtual space.
Riiid, established in 2014, is a leading provider of AI tutor solutions that aims to transform the education market through innovative AI technology. The company launched its first commercial product, Santa TOEIC, in 2017, which utilizes a deep learning algorithm and has attracted over one million users in South Korea, demonstrating significant effectiveness. Riiid's AI solutions are designed to replace traditional textbooks and lectures, offering personalized tutoring that surpasses the performance of human tutors while being cost-effective. The company operates Santa TOEIC in Japan and has introduced Santa SAT in Vietnam, with plans for further expansion into new testing areas and geographical markets. By providing adaptive assessment platforms that deliver personalized feedback and targeted learning resources, Riiid empowers students to identify their strengths and weaknesses, track their progress, and achieve their educational goals. Through its efforts, Riiid is driving the democratization of education and reshaping the learning landscape.
Amyloid Solution Inc., based in Seongnam, South Korea, specializes in developing therapeutic drugs for Alzheimer's disease. The company aims to address the complexities of the disease by focusing on the pathophysiological events and underlying mechanisms associated with its progression. Through this approach, Amyloid Solution seeks to create novel disease-modifying treatments that can effectively cater to patients at various stages of Alzheimer's, accommodating the diverse pathological alterations they may experience. By concentrating on these critical factors, the company endeavors to provide healthcare organizations with advanced solutions for managing Alzheimer's disease.
Operator of an ed-tech platform intended to provide programming and data science courses. The company specializes in interactive online coding and other educational services with practical learning examples, offering topics like design, marketing, and product management, enabling learners and students to teach programming and data science.
Odd Concepts Inc. develops computer vision and artificial intelligence technology solutions. The company’s products include an image recognition platform which is a portfolio of ready to use image recognition and search technology, as a cloud based API service and computer vision consulting. It develops an online software technology for video content searches to link offline shopping businesses to create O2O market. The company was incorporated in 2012 and is based in Seoul, South Korea.
RIDI Corporation is South Korea’s leading e-reading services company, headquartered in Seoul. Eyeing remarkable success for the innovation of reading experiences, the company operates Ridibooks e-book store and provides PAPER PRO. Ridibooks provides the highest quality of reading experience through e-book viewer applications, with a wide selection of e-book contents. The service is available for Ridibooks PAPER PRO (self-developed e-ink reader), iOS, Android, Windows and Mac OS X. Ridibooks now serves more than 2.77 million users and more than 1,620,000 e-book titles until today. PAPER PRO, developed by RIDI Corporation and released in December 2017, is Korea’s first 7.8-inch e-reader. PAPER PRO’s size is optimized for reading, and features an e-ink display that resembles paper books.
SecuLetter Co., Ltd. is a South Korean company that specializes in developing and marketing cybersecurity solutions aimed at detecting and mitigating unknown cyber threats. Founded in 2015 and based in Seongnam-si, the company offers advanced products such as SecuLetter Email, which protects against email-based attacks using malicious code, and SecuLetter FileServer, designed to secure file servers against threats from malicious attachments. SecuLetter employs a hybrid approach that combines static and dynamic analyses to effectively identify and counteract sophisticated cyber attacks, including malware and phishing attempts. The company focuses on various sectors, including email security, data transmission, web service security, document centralization, and cloud security, providing comprehensive protection against evolving cyber threats.
SecuLetter Co., Ltd. is a South Korean company that specializes in developing and marketing cybersecurity solutions aimed at detecting and mitigating unknown cyber threats. Founded in 2015 and based in Seongnam-si, the company offers advanced products such as SecuLetter Email, which protects against email-based attacks using malicious code, and SecuLetter FileServer, designed to secure file servers against threats from malicious attachments. SecuLetter employs a hybrid approach that combines static and dynamic analyses to effectively identify and counteract sophisticated cyber attacks, including malware and phishing attempts. The company focuses on various sectors, including email security, data transmission, web service security, document centralization, and cloud security, providing comprehensive protection against evolving cyber threats.
FuriosaAI
Series A in 2019
FuriosaAI develops system semiconductors optimized for AI, enabling efficient processing of large amounts of data in a short period of time.
3billion, Inc., founded in 2016 and based in Seoul, South Korea, specializes in genetic testing and analysis for rare disease patients. The company offers clinical genetic testing services that utilize artificial intelligence to facilitate rapid and accurate diagnoses across a wide range of genes and diseases. By providing affordable testing options, 3billion aims to support physicians in diagnosing genetic conditions more effectively, ultimately enhancing health outcomes for patients.
Lemon Healthcare is a mobile healthcare service that aims to streamline interactions between patients and medical institutions. The company has developed a software platform that facilitates the entire hospital process, from appointment scheduling to prescription management. It offers features such as appointment reminders and one-click payment options, enhancing convenience for users. Additionally, the platform allows prescriptions to be sent directly to pharmacies and manages claims submissions to insurance providers for reimbursement. By integrating these services, Lemon Healthcare creates a smart healthcare ecosystem that simplifies the patient experience.
AchatsGroup, a media commerce company, which provides content-based marketing services. It offers product marketing, creative media, performance marketing and trendy marketing. The company was founded in 2017 and is based in Seoul, South Korea.
Provider of long-term accommodation service intended to change the lifestyle of people. The company offers one-month accommodation to its customers centered on Jeju Island, enabling travelers to relax and enjoy while traveling.
BBB Technologies Inc. is a mobile healthcare technology company based in Mountain View, California, with additional offices in Seoul, South Korea, and Shenzhen, China. Founded in 2014, the company focuses on developing innovative devices and applications that facilitate early-stage diagnosis and enhance treatment decisions. Its flagship product, the Elemark, is an Android-powered mobile blood diagnostic device capable of testing over 50 medical conditions within 2 to 60 seconds using just a single drop of blood. This device is complemented by an integrated service platform that provides actionable insights for researchers, doctors, and patients globally. BBB Technologies aims to ensure equal access to medical services and treatments, reflecting its commitment to improving healthcare outcomes. The company has received recognition through various awards, including winning competitions at TechCrunch events in Seoul and New York, as well as accolades from Tech in Asia.
Copus Korea Co.,Ltd. engages in the content and e-commerce business. The company engages in the distribution of drama and movie productions; subtitles production; subtitle production services that include function of subtitles production, management system of subtitle production, and editing and conversion of various images,; and feature film investment business. It also develops i♥STAR, an application of fans support; operates My Little Pouch, an e-commerce platform that sells cosmetics and accessories online for female customers in Japan; and provides contents marketing services. The company was founded in 2005 and is based in Seoul, South Korea.
Toss Lab, Inc. is a software company that specializes in collaboration tools and enterprise messaging. Founded in 2014 and headquartered in Seoul, South Korea, the company has expanded its presence with offices in Kuala Lumpur, Malaysia, and Taipei City, Taiwan, among other locations. Toss Lab's primary offering is JANDI, a group-oriented messaging platform designed specifically for workplaces in Asia. JANDI allows users to communicate effectively, share files, and manage projects, making it suitable for a range of organizations, including small and mid-sized businesses, large enterprises, non-profits, and educational institutions. The platform features integrated collaboration tools that facilitate messaging and group chats, catering to diverse industries both domestically and internationally.
Poing
Venture Round in 2017
Poing is a restaurant service platform that provides online search and reservation for customers and management solutions for owners.
Developer of an accounting and taxation platform designed to manage all of a company's financial information in one place. The company's platform uses artificial intelligence and offers features such as daily balance, sales and expense reporting, accounting statuses and reports and tax filing, enabling clients to reduce their efforts and costs for administrative work and focus on their businesses.
Slide is a lock-screen application that takes an interesting take on displaying infotainment from the comfort of your lock screen. Be it reading your favorite blogs or staying updated with latest happenings pertaining to fashion, news, health and movies, Slide provides you with an alternative to do all that directly from your phone’s lock-screen. Along with that, it also has a rather unique concept of rewards that actually pay the users for using the app. Rewards and offers is Slide’s developers’ idea of encouraging users to unlock their phones more, and even make them share Slide with their friends.
Mr.Pic (미스터픽) is an online Korean information portal that provides information about vehicles, lifestyles, games, and more.
Mr.Pic was launched in February 2014.
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