Hankook Tire & Technology

Hankook Tire & Technology Co Ltd is a prominent manufacturer of rubber automotive tires, producing a range of products for passenger cars, sport utility vehicles, vans, transporters, trucks, and buses. The company offers tires under various brands, including Hankook, Laufenn, Aurora, and Kingstar. With a strong commitment to technological development and innovation, Hankook is focused on becoming a leading global tire company. Its primary markets include Europe, the Americas, and China, where it strives to provide sustainable solutions that enhance driving satisfaction for customers worldwide.

Cho Hong-je

Founder

6 past transactions

3Secondz

Acquisition in 2023
3Secondz is a company that develops AI-based motorsport coaching technology aimed at enhancing safety and performance for drivers. The company offers a platform that includes smartphone-based driving data collectors and tools for data processing and analysis. This technology enables racers to assess their driving techniques by reviewing collected data, allowing them to identify their strengths and weaknesses. Additionally, 3Secondz incorporates e-sports virtual reality relays, further enriching the coaching experience and providing innovative ways for drivers to improve their skills.

Carmerce

Series A in 2023
Carmerce is an e-commerce mobile application designed to facilitate the purchase of used vehicles. It operates a car marketplace that simplifies the car buying experience by offering a variety of options tailored to users' budgets and requirements. The platform features a price comparison tool, allowing potential buyers to compare different vehicles effectively. Additionally, Carmerce provides financing options, including loans, to assist users in making informed purchasing decisions. This combination of features aims to enhance accessibility and convenience in the used car market.

Studio Galilei

Seed Round in 2022
Studio Galilei is an SFO platform company that operates and manages mobility services.

INTELLIZ

Seed Round in 2022
INTELLIZ specializes in research and development for manufacturing innovation technologies. It’s not a company made in a day.The founder dreamed of starting a business 15 years ago from a manufacturing and production employee. We have more than 10 years of experience in manufacturing and inspection processes. And as an engineer, the goal is to make this technology a good use by passion and effort. Making a virtuous circle with the technology and good influence of these companies was a dream of a founder when he was young.

Peaches One Universe

Series A in 2021
Peaches One Universe is a street fashion brand that merges automotive tuning culture with contemporary fashion, appealing to the interests of young adults. The brand designs and produces products inspired by various aspects of car lifestyles, including skateboards and bicycles, effectively capturing shifts in cultural trends. In addition to its product line, Peaches also creates premium video content that engages global clients such as BMW, NIKE, and Esquire for collaborative projects. Through its unique approach, Peaches connects fashion with automotive culture, catering to a younger audience interested in the intersection of these lifestyles.

Model Solution

Acquisition in 2018
Model Solutions Co., Ltd., established in 1993 and headquartered in Seoul, South Korea, specializes in comprehensive precision prototyping, tooling, and low-volume manufacturing services. The company offers a wide array of services, including CAD/CAM, CNC machining, rapid prototyping, vacuum casting, finishing, and injection molding, catering to diverse industries such as electronics, medical, and automotive. Model Solutions works with a broad spectrum of materials and provides value-added services like cleansing, packaging, and assembly within clean rooms to ensure product quality and security. As a subsidiary of Hankook Tire & Technology Co., Ltd., the company aims to accelerate product development and get clients to market faster by serving as an extension of their design and development teams.
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