Market Kurly
Private Equity Round in 2023
Market Kurly is an online grocery service based in Seoul, South Korea, that specializes in the delivery of fresh and premium food products. Founded in 2014, the platform allows users to order a wide range of items, including vegetables, fruits, meats, dairy, baked goods, and processed foods, all sourced directly from producers. Market Kurly focuses on providing high-quality ingredients and offers next-day delivery, ensuring that customers receive their orders promptly. The service also includes non-perishable items, enabling shoppers to conveniently access a variety of groceries. Through its innovative logistics and delivery system, Market Kurly aims to enhance the grocery shopping experience by transforming the way food is produced and distributed.
Toss is a South Korea-based mobile financial service platform developed by the fintech startup Viva Republica, established in 2011 by Seunggun Lee in Seoul. The platform offers a range of services aimed at simplifying financial management for users, including peer-to-peer money transfers, credit score management, and bank account oversight. Additionally, Toss provides access to loan and insurance plans, facilitates bill splitting, and supports QR payments. These features collectively enable users to handle their financial needs efficiently and conveniently.
Lanvin Group is a prominent player in the fashion industry, managing a diverse portfolio of luxury brands, including Lanvin, Caruso, Wolford, Sergio Rossi, and St. John Knits. The company specializes in a wide range of products, encompassing apparel, leather goods, footwear, and accessories. Among its portfolio, the Wolford segment generates the majority of the company's revenue, reflecting its strong position within the market. Lanvin Group is dedicated to providing in-depth insights and connectivity to the fashion landscape, thereby reinforcing its role as a key participant in the luxury goods sector.
Prenetics Limited is a DNA biotechnology company based in Central, Hong Kong, specializing in pharmacogenomics and health sciences. The company offers the iGenes PGx test, which assists physicians in determining the appropriate medication and dosage for patients based on their genetic profiles while identifying potential adverse drug effects. In addition to pharmacogenomics, Prenetics provides ONEdna, a DNA screening service that delivers insights and actionable recommendations based on an individual’s genetic makeup. Its consumer health initiative is represented by the IM8 brand, while the clinical division includes Insighta, which focuses on multi-cancer early detection technologies, and ACT Genomics, known for its FDA-approved genomic profiling of solid tumors. Prenetics has formed strategic partnerships with notable organizations, including The Lippo Group and New Horizon Health Limited. The company was established in 2007 and underwent a name change from Multigene Diagnostics Limited to Prenetics Limited in November 2014.
Karrot Market
Series D in 2021
Karrot Market is a second-hand trading application that connects users within local neighborhoods to facilitate the buying and selling of used goods. Founded in 2015 and headquartered in Seongnam, South Korea, the platform allows users to register products via mobile and engage in direct communication with potential buyers through a chat feature. To enhance trust and safety, Karrot Market authenticates users' residency and incorporates a review-based rating system. The application includes various features such as neighborhood certification, a trading manner temperature indicator, and price drop notifications, all aimed at creating a seamless and secure trading experience for users. Through its online GPS service, buyers and sellers can easily locate each other, promoting face-to-face transactions within their communities.
Market Kurly
Series F in 2021
Market Kurly is an online grocery service based in Seoul, South Korea, that specializes in the delivery of fresh and premium food products. Founded in 2014, the platform allows users to order a wide range of items, including vegetables, fruits, meats, dairy, baked goods, and processed foods, all sourced directly from producers. Market Kurly focuses on providing high-quality ingredients and offers next-day delivery, ensuring that customers receive their orders promptly. The service also includes non-perishable items, enabling shoppers to conveniently access a variety of groceries. Through its innovative logistics and delivery system, Market Kurly aims to enhance the grocery shopping experience by transforming the way food is produced and distributed.
Klook is a global online platform facilitating the booking of travel experiences, services, and accommodations. It offers a wide array of activities such as tours, theme park tickets, cultural experiences, and adventure activities across numerous destinations worldwide. Additionally, Klook provides essential travel services like public transport passes, airport transfers, car rentals, SIM cards/eSIMs, and dining reservations to cater to various aspects of travel planning.
Lalamove, originally launched as EasyVan in December 2013 in Hong Kong, is an on-demand logistics platform that connects customers with driver-partners for rapid delivery services. Operating in 21 markets across Asia and Latin America, the company serves over 7 million customers and boasts a network of more than 700,000 drivers. Lalamove has transformed traditional van hiring by enabling instant matches between customers and drivers, often within 12 seconds. The platform facilitates same-day deliveries, typically completing local deliveries within 55 minutes. Additionally, Lalamove provides features such as real-time vehicle tracking and driver ratings, allowing businesses to efficiently scale their delivery operations while optimizing drivers’ routes and earnings.
Visional
Venture Round in 2021
Visional is a company focused on promoting industrial digital transformation in Japan. It aims to address future challenges in various sectors while enhancing productivity across industries. In addition to its digital transformation initiatives, Visional operates BizReach, an online direct recruiting platform tailored for professionals, facilitating better employment connections and opportunities. Through these efforts, Visional seeks to drive innovation and efficiency in the workforce and contribute to the overall advancement of Japan's economy.
NPIXEL is a computer game development company founded in September 2017 by a team of developers known for their work on the popular mobile game Seven Knights. The company focuses on creating a gaming ecosystem that incorporates decentralized technologies, including blockchain-based projects and NFTs. NPIXEL aims to enhance entertainment through the development of animated gaming applications for both single and multiplayer experiences across various platforms. Its inaugural title, Gran Saga, is set to launch in South Korea in the first half of 2020, reflecting the company’s commitment to delivering innovative gaming experiences.
Ruipeng Pet Healthcare
Venture Round in 2020
Ruipeng Pet Hospital, located in Shenzhen, specializes in a comprehensive range of pet care services. The hospital provides medical and beauty care for pets, including healthcare, foster care, bathing, SPA treatments, grooming, food, and entertainment. By offering both digital and clinical services, Ruipeng aims to ensure that pet owners can access high-quality care for their animals efficiently. The organization also includes online shopping options to further support pet owners in meeting their pets' needs.
Toss is a South Korea-based mobile financial service platform developed by the fintech startup Viva Republica, established in 2011 by Seunggun Lee in Seoul. The platform offers a range of services aimed at simplifying financial management for users, including peer-to-peer money transfers, credit score management, and bank account oversight. Additionally, Toss provides access to loan and insurance plans, facilitates bill splitting, and supports QR payments. These features collectively enable users to handle their financial needs efficiently and conveniently.
Xpeng Motors
Series C in 2020
Xpeng Motors is a Chinese electric vehicle and technology company that specializes in the design and manufacture of smart cars. The company emphasizes local market needs and prioritizes consumer experience, integrating advanced autonomous driving features and internet-connected technologies into its vehicles. This approach aims to enhance the overall functionality and appeal of their cars, making them more than just traditional vehicles. Additionally, Xpeng Motors has a subsidiary, Xpeng Robotics, which focuses on developing smart robots as part of its broader mobility ecosystem.
Market Kurly
Series E in 2020
Market Kurly is an online grocery service based in Seoul, South Korea, that specializes in the delivery of fresh and premium food products. Founded in 2014, the platform allows users to order a wide range of items, including vegetables, fruits, meats, dairy, baked goods, and processed foods, all sourced directly from producers. Market Kurly focuses on providing high-quality ingredients and offers next-day delivery, ensuring that customers receive their orders promptly. The service also includes non-perishable items, enabling shoppers to conveniently access a variety of groceries. Through its innovative logistics and delivery system, Market Kurly aims to enhance the grocery shopping experience by transforming the way food is produced and distributed.
NPIXEL is a computer game development company founded in September 2017 by a team of developers known for their work on the popular mobile game Seven Knights. The company focuses on creating a gaming ecosystem that incorporates decentralized technologies, including blockchain-based projects and NFTs. NPIXEL aims to enhance entertainment through the development of animated gaming applications for both single and multiplayer experiences across various platforms. Its inaugural title, Gran Saga, is set to launch in South Korea in the first half of 2020, reflecting the company’s commitment to delivering innovative gaming experiences.
Toss is a South Korea-based mobile financial service platform developed by the fintech startup Viva Republica, established in 2011 by Seunggun Lee in Seoul. The platform offers a range of services aimed at simplifying financial management for users, including peer-to-peer money transfers, credit score management, and bank account oversight. Additionally, Toss provides access to loan and insurance plans, facilitates bill splitting, and supports QR payments. These features collectively enable users to handle their financial needs efficiently and conveniently.