HB Investment

HB Investment Inc. was founded on November 11, 1999 starting with paid-in Capital of KRW 10 billion. Since its foundation, HB Investment Inc. has been investing small and medium businesses that have the potential for steady growth and profitability and helping the invested companies to grow well by giving various consulting services. As a result, HB Investment Inc. constructed comprehensive portfolio out of various industrial areas, such as game, entertainment, as well as representative high-tech industries related to semiconductor, Internet, LCD, and a smart phone, bio, health care. In addition, HB Investment Inc. has experiences in implementing business Success-fully by organizing several partnership funds for recent years.
SH

Sung Hwan Bae

Director, Investment Review

SB

Seong-Hwan Bae

Director

YC

Young-Keun Choi

Director at Venture Investment Division

YJ

Yeong-Jin Jeon

Director

JJ

Jae-yeob Jeong

Director of Investment division

LJ

Lim Junki

Director, Chief Compliance Officer and CFO

HK

Hyung-jun Kim

Partner

SM

Seung Moon Lee

MD, Investment Associate

SL

Seung-Mun Lee

Director

GJ

Gwi Jin Lee

MD and General Manager of Merger and Acquisition

JL

Jun-Ki Lim

Director, Chief Compliances Officer and Head of Investment Management Division

SP

Sung-yong Park

VP

SP

Soo-yong Park

MD of the M&A Division

DP

Dong-Joo Park

Director, Investment Review

DP

Dong-ju Park

Director

HJ

Ha Jin Park

MD, Head of Investment Division 2

HJ

Hae Jin Park

MD, Head of Investment Team 1

JS

Jeong-sun Song

Director

MH

Min Hyun Yoon

MD and Investor General 1

MY

Min-Hyeon Yoon

MD and Head of Investment Division 2

75 past transactions

BirdView Inc.

Series B in 2018
BirdView Inc. develops and provides Internet based mobile application for marketed cosmetics' review and information. It offers iOS and Android based platform, HwaHae, which allows users to review details regarding each component of a product. The company is headquartered in South Korea.

Odd Concepts

Series B in 2020
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.

BBB Inc.

Series B in 2018
BBB Technologies Inc. develops devices and applications that enable early stage diagnosis, better care, and treatment decisions. It creates blood testing technologies with mobile enabled tools and data insights for researchers, doctors, and patients worldwide. The company was founded in 2014 and is based in Mountain View, California with additional offices in Seoul, South Korea; and Shenzhen, China.

Sharetreats

Series B in 2022
Sharetreats Innovation develops a platform through which consumers can send or receive vouchers which can be then redeemed at select nearest branch. The treat codes are sent via SMS after the payment is done. The company is headquartered in Makati, Philippines.

Sharetreats

Series A in 2019
Sharetreats Innovation develops a platform through which consumers can send or receive vouchers which can be then redeemed at select nearest branch. The treat codes are sent via SMS after the payment is done. The company is headquartered in Makati, Philippines.

Kukdong Corporation

Venture Round in 2001
Kukdong Corporation manufactures and sells knit garments for men, women, and children in South Korea. It also offers workwear; activewear, such as training wear, golf wear, and fitness wear; lounge wear, including home wear, room wear, sleep wear, and night gown; and fashion wear. The company also exports its products in the United States, the European Union, and Chile. Kukdong Corporation was founded in 1967 and is based in Seoul, South Korea.

DT&C.Co.,Ltd

Venture Round in 2001
DT&C Co., Ltd. provides testing and certification services. The company offers testing and certification services for information and communication technology equipment, industrial equipment, household/commercial consumer electronic products, medical devices, automotive electronic apparatus, nuclear power equipment, and vessels, as well as for defense, aerospace, and railway sectors. DT&C Co., Ltd. was founded in 1999 and is based in Yongin, South Korea.

MegaGen Implant

Venture Round in 2004
Megagen Implant Co., Ltd. manufactures dental instruments and equipment. It offers CNCs, three-dimensional laser measuring instruments, sand blasters, automatic washing devices, and implants. The company was formerly known as MegaGen Co., Ltd. and changed its name to MegaGen Implant Co., Ltd. in December 2007. The company was founded in 2002 and is based in Daegu, South Korea.

L & C BIO

Venture Round in 2013
L & C Bio Co., Ltd. is making the health and happiness of mankind based on their mission to improve the quality of human life and to give better value to their customers. And the efforts of L & C Bio Co., Ltd. start with the business philosophy of 'respecting customers', 'grasping needs' and 'providing the best products and services

AptaBio Therapeutics Inc.

Venture Round in 2011
AptaBio Therapeutics Inc. discovers and develops selective inhibitors of the NOX family of enzymes and aptamer-based anti-cancer drugs. The company offers Lipofector-Q, Lipofector-EXT, Lipofector-2000, Lipofector-EZ, and Lipofector-pMAX Reagent for transfecting DNA or RNA into eukaryotic cells. Its product candidates include PX-115 for treating diabetic nephropathy; APX-1004 to treat diabetic retinopathy; and APX-311 for use in treating non-alcoholic steatohepatitis (NASH). The company was founded in 2009 and is based in Yongin-Si, South Korea.

ATGC

Venture Round in 2012
ATGC Co., Ltd. engages in research and development of biopharmaceuticals. The company was founded in 2010 and is headquartered in Seongnam, South Korea.

Adbiotech

Venture Round in 2002
Adbiotech is a company that leaps toward the future with continuous challenges. Adbiotech is a research institute affiliated with the Korea Industrial Technology Association to research and develop antibody products, cosmetics and food additives for oral administration of pharmaceuticals, livestock and fisheries using egg yolk antibody (IgY) technology. Was established. They are leading national research projects for new and diverse products with the aim of "our food safe" through industry-academic cooperation.

Aptamer Sciences Inc.

Venture Round in 2013
Aptamer Sciences, Inc., a bio venture company, focuses on the Aptamer technology platform for the development of therapeutic and diagnostic platforms. The company’s aptamer platforms include aptamer discovery, optimization, and the development of therapeutics and diagnostics. It offers AlloMAp and BiFAp platform programs for therapeutics; and diagnosis kits for lung and pancreatic cancer, as well as in-vitro diagnostic kits for the early diagnosis of lung cancer. Aptamer Sciences, Inc. was founded in 2011 and is headquartered in Seongnam, South Korea.

FutureChem Co.,Ltd

Venture Round in 2003
FutureChem is a producer of radiopharmaceuticals for happier lives and a healthy society

EyeGene

Venture Round in 2002
EyeGene Inc., a biotechnology company, engages in the research and development of biopharmaceutical drugs for the treatment and prevention of age-related diseases in South Korea. The company’s products in pipeline include EG-Mirotin, a Phase IIa clinical trial product candidate for the treatment of diabetic retinopathy; EG-Decorin, a Phase I/II clinical trial product for the treatment for pressure ulcers; EG-Myocin, a product that is in Phase II clinical trials for the treatment of heart muscle; and EG-HPV, a product that completed Phase I clinical trial for the treatment of cervical cancer. Its products in pipeline also include EG-TB for the treatment of tuberculosis; and EG-HZ, which is in preclinical trials for the treatment of herpes zoster. EyeGene Inc. was founded in 2000 and is headquartered in Seoul, South Korea.

ICTK Co., Ltd.

Venture Round in 2003
ICTK is a accredited international testing laboratory for EMVCo., VIsa, JCB, Discover, Global Platform, NFC Forum, KOLAS--providing top-class engineering services for smart cards, mobile devices, and terminals. ICTK's Security R&D Division has developed PUF(Physical Unclonable Functions)-based security chip & solutions with over 80 patents and licenses since 2006. It is expected to launch the world's first PUF-based solutions with a leading automobile group.

CENOTEC

Venture Round in 2001
CENOTEC Co., Ltd. manufactures and sells grinding media, zirconia, zircon powder, and ceramic materials. It offers yttria stabilized zirconia beads for applications in automobile paints and inks; horizontal mills and basket mills; electronic ceramics, foods, cosmetics, and pharmaceutical products; fine particles; and industries requiring nano-sized particles. The company also provides ceria stabilized zirconia beads for vertical and horizontal mills, the production of high-viscosity paints and inks, TiO2 makers, aqueous agricultural chemicals, and the production of pigments and dyes; and alumina toughened zirconia beads for high pressure and high speed grinding machines. In addition, it offers zirconium silicate beads and zirconia toughened alumina beads for the production of large-capacity minerals, such as CaCO3, Kaolin, ZrSiO4, etc.; vertical-type mills; products that are sensitive to the heat generated during the grinding process; paints, inks, pigments, and dyes; magnetic coatings; and mining metals that are made by vertical-type mills, including lead, copper, and zinc sulfide. Further, the company provides zirconia powder, cenosilicate, and cenoflour. CENOTEC Co., Ltd. was founded in 1999 and is based in Haman-gun, South Korea.

ITM Semiconductor

Venture Round in 2002
ITM Semiconductor Co., Ltd. manufactures and sells components for secondary batteries worldwide. Its products include protection one chips, protection module packages, battery packs, sensor module packages, chip antennas, and touch screen panels for use in IT portable and consumer devices. The company was formerly known as ITM Co., Ltd and changed its name to ITM Semiconductor Co., Ltd. in April 2005. ITM Semiconductor Co., Ltd. was founded in 2000 and is headquartered in Cheongju, South Korea. ITM Semiconductor Co., Ltd. is a subsidiary of NICE Holdings Co., Ltd.

Doosan Fuel Cell Co., Ltd.

Venture Round in 2016
Doosan Fuel Cell Co., Ltd. develops and distributes power generation fuel cells in South Korea. The company primarily offers M400 fuel cell that produces approximately 440KW of power and heat. Its fuel cells are used in power plants, refrigerated warehouses, large buildings, and hot springs, as well as natural gas, LPG, and hydrogen projects. The company was founded in 2019 and is headquartered in Iksan-si, South Korea.

ME2ZEN Limited

Venture Round in 2018
ME2ZEN Limited develops and operates social casino and card games in North America, Europe, and Asia. It develops mobile casino games and solitaire games. The company is headquartered in Kwun Tong, Hong Kong.

Tripstore

Series A in 2018
Tripstore is an O2O platform that makes it easy to search overseas trips. The company has more than one million international travel products from seventy countries around the world, where the users can easily check out their desired overseas travel products.

P&H TECH

Venture Round in 2011
P&H Tech Co., Ltd. develops, produces, and sells organic light emitting diode (OLED) materials and catalysts. The company offers general, EBL, HTL, host, OLED intermediate and catalyst, and other organic synthetic materials. It sells its products to the OLED display market. The company was founded in 2009 and is headquartered in Yongin, South Korea.

Anapass

Venture Round in 2004
AnaPass Inc. operates as a system-on chip semiconductor provider in display panel market worldwide. It designs and produces IC products applied to flat panel display and mobile devices based on its high-speed serial link technologies. The company’s flat panel display solutions include Timing Controller, an IC that receives video signal from the system interface and generates/transmits control signal/date to the source driver ICs and gate driver ICs that drives a LCD panel. Its mobile display solutions comprise Mobile Serial Link, an IC, which reduces power consumption, EMI noise, and cost; and Mobile Display Controller, an IC that is applied on mobile devices to process complex data signals and transmit them to display parts. The company was formerly known as Anachips, Inc. and changed its name to AnaPass Inc. in March 2004. AnaPass Inc. was founded in 2002 and is based in Seoul, South Korea.

HIMS Co., Ltd.

Venture Round in 2001
HIMS Co., Ltd. develops and sells inspection module, machine on display, semiconductor, factory automation (FA), and other products in South Korea. It offers display field products, such as mask stretchers, mask repair products, mask inspectors, and glass AOI products; FA field products, including IR filter inspection system, blood sugar check sheet inspectors, RVI inspectors, and CCFL inspectors; and semiconductor field products. The company also provides vision modules; and vision components comprising light control boards, light power source products, IO boards, IO terminal blocks, CCD cameras, and CMOS cameras, as well as deals in Teledyne Delsa frame grabbers and software products, and JAI cameras. HIMS Co., Ltd. was founded in 1999 and is based in Incheon, South Korea.

ESTsecurity Corp.

Venture Round in 2019
ESTsecurity Corp. develops artificial intelligence security software. The company offers end point security, android security, threat intelligence, and hybrid-VDI. ESTsecurity Corp. was founded in 2017 and is based in Seoul, South Korea. ESTsecurity Corp. operates as a subsidiary of ESTsoft Corp.

ESTsecurity Corp.

Private Equity Round in 2021
ESTsecurity Corp. develops artificial intelligence security software. The company offers end point security, android security, threat intelligence, and hybrid-VDI. ESTsecurity Corp. was founded in 2017 and is based in Seoul, South Korea. ESTsecurity Corp. operates as a subsidiary of ESTsoft Corp.

True Balance

Series C in 2019
True Balance is a digital wallet owned and operated by Balancehero India Private Limited (BHI), that enables users to access utility bill payment, loan recharge, insurance, and other financial products. With 70 million users, True Balance aims to serve India with utility payments financial platform for the unbanked users to serve their money for living requirements. It was launched in 2014 by Mr. Charlie Lee as CEO, an alumnus of the University of Chicago.
Curiox is a bioinstrumentation company spun out of the Agency for Science, Technology, and Research (A*STAR) in Singapore. Curiox has become a leader in the development and commercialization of innovative assay platforms based on its expertise in surface chemistry and engineering. Curiox’s vision is to accelerate the progress of life sciences, drug discovery and diagnostics through the miniaturization and improved automation of bioassays.

Vuno Inc.

Series A in 2016
Vuno offers artificial intelligence-based medical solutions for doctors and patients that provides a platform and consulting services for medical data analysis. Vuno develops automatic algorithm against various problems that occurs in medical sites as well as it develops diagnostic and quantification assisting software. The clients of the company are Asan Medical Center and HYUNDAI. The company offers VunoMed that provides different forms of data analyzation for medical videos, ECGs, brain waves, and EMR data. Vuno is located in South Korea and the company was founded in 2014 by Yeha Lee, Kyu-Hwan Jung, and Dannis Kim.
OKXE VIETNAM COMPANY LIMITED operates an online e-commerce platform for motorbikes. The platform enables users to buy and sell motorcycles online. The company was founded in 2018 and is based in Hanoi, Vietnam.

Studio XID, Inc.

Series A in 2020
Studio XID, Inc. develops ProtoPie, a prototyping tool for smart devices. Its ProtoPie allows users to compose elaborate interactions and animations, and build sensor-aided prototypes without any coding. The company’s ProtoPie solution comprises ProtoPie Studio, a software package that is installed on computers running Microsoft Windows or Mac OS X to allow users to explore design solutions, communicate designs, and research user feedback; and ProtoPie Player, an app that allows users to test prototypes created with ProtoPie Studio on smartphones. Its solution also supports the import of Sketch files. The company was founded in 2014 and is headquartered in Seoul, South Korea.

Studio XID, Inc.

Series A in 2022
Studio XID, Inc. develops ProtoPie, a prototyping tool for smart devices. Its ProtoPie allows users to compose elaborate interactions and animations, and build sensor-aided prototypes without any coding. The company’s ProtoPie solution comprises ProtoPie Studio, a software package that is installed on computers running Microsoft Windows or Mac OS X to allow users to explore design solutions, communicate designs, and research user feedback; and ProtoPie Player, an app that allows users to test prototypes created with ProtoPie Studio on smartphones. Its solution also supports the import of Sketch files. The company was founded in 2014 and is headquartered in Seoul, South Korea.

Vuno Inc.

Series B in 2018
Vuno offers artificial intelligence-based medical solutions for doctors and patients that provides a platform and consulting services for medical data analysis. Vuno develops automatic algorithm against various problems that occurs in medical sites as well as it develops diagnostic and quantification assisting software. The clients of the company are Asan Medical Center and HYUNDAI. The company offers VunoMed that provides different forms of data analyzation for medical videos, ECGs, brain waves, and EMR data. Vuno is located in South Korea and the company was founded in 2014 by Yeha Lee, Kyu-Hwan Jung, and Dannis Kim.

Uberple

Series B in 2018
Uberple, Inc. owns and operates an online real-time statistical computing engine for financial research. Uberple, Inc. was founded in 2013 and is based in Seoul, South Korea.

MakinaRocks Co., Ltd.

Series A in 2020
Founded in December 2017, MakinaRocks is a startup specializing in industrial machine intelligence solutions. Our anomaly detection model and intelligent control algorithm analyze sensor and numeric data to provide intelligent control, improve product quality, and detect anomalies in manufacturing equipment. We deliver our industrial AI solutions to manufacturing industries such as semiconductor, automotive, battery, and energy.

HonestFund

Series B in 2018
HonestFund is a financial technology company operating an alternative investing platform in South Korea. HonestFund provides individuals and institutional investors access to alternative investment opportunities across a wide range of asset classes, such as residential/commercial real estates, infrastructure financing and unsecured personal loans. Due to its unique capability of providing a fully transparent and frictionless process for both investors and private issuers, HonestFund raised funds from leading financial institutions, including Shinhan Bank, Hanwha Investment, KB Investment, Shinhan Capital and Daily Financial Group.

Hummingbird Bioscience

Series B in 2019
Hummingbird Bioscience uses systems biology to develop insights into disease biology and applies computationally guided platforms to discover and engineer breakthrough biotherapeutics. The company is pursuing a broad pipeline of first drug candidates across multiple challenging targets with strong biological validation and disease association, including lead assets: HMBD-001, an anti-HER3 antibody, and HMBD-002, an anti-VISTA antibody, for the treatment of cancer. Hummingbird has established strategic collaborations with Cancer Research UK and Amgen, and has been awarded a product development grant from the Cancer Prevention and Research Institute of Texas.

CrowdWorks, Inc.

Series B in 2019
CrowdWorks, Inc. develops online crowd sourcing platform for artificial intelligent (AI) which engages in collecting, strengthening, and structuring leaning data for machine learning. The company offers its services for analysis and classifying of image works, text works, voice works, and survey works. The company is based in Seoul, South Korea.

Appro Mobile

Series A in 2021
Go2Joy (고투조이) is a mobile O2O platform connecting local hotels & local hotel users in Vietnam. Go2Joy is 1st Hourly/Overnight booking enabled OTA in Vietnam, and No.1 Hourly Hotel Booking app for young Vietnamese with largest user base, largest hourly booking hotel inventory, largest coverage in Vietnam

ILIAS Biologics

Series B in 2020
ILIAS Biologics is a biotechnology company that specializes in therapeutic molecules. The company features platform technology that enables experts to load large therapeutic molecules into exosomes. ILIAS Biologics is developing various therapeutic exosomes, a potential treatment for sepsis, pre-term birth, and various hard-to-treat diseases in inflammatory and metabolic areas.