Seoul Investment Partners

Seoul Investment Partners Co., Ltd., established in 2010 and based in Seoul, South Korea, serves as the private equity and venture capital arm of Korea Information & Communication Co. Ltd. The firm specializes in buyouts, corporate restructuring, and growth capital, with a strong focus on small and medium-sized enterprises. It primarily targets companies engaged in technological and management innovation across various sectors, including mobile devices, smart components, machinery, petrochemicals, semiconductors, and renewable energy. Seoul Investment Partners also manages venture capital funds that emphasize early-stage investments in technology-related firms. Additionally, the firm offers consulting services related to mergers and acquisitions, financial structuring, and management strategies, with a preference for investments in specific regions of South Korea, including Gyeonggi-do and Jeollabuk-do.

Chunsang Ahn

Managing Director

Kyung Cho

Director

Soon Choi Heung

Vice President and Executive Managing Director

Dong Joon Maeng

CEO

In Sik Park

Executive Managing Director

28 past transactions

Curocell

Venture Round in 2022
Curocell Inc is engaged in medical and pharmaceutical research and development. The company is into development of CAR-T treatments that enhance the natural function of immune cells to eliminate cancer cells through genetic manipulation of human immune cells.

Wellmarker Bio

Series C in 2021
Wellmarker Bio is engaged in the development of innovative cancer therapies, focusing on biomarker-based drugs tailored to address unmet medical needs in various cancers, including colon, lung, and liver cancer. The company leverages its extensive research expertise and a dedicated drug development institute, which encompasses departments for target discovery, drug discovery, medicinal chemistry, and CMC. By utilizing R&D infrastructure from Asan Medical Center in Seoul, South Korea, Wellmarker Bio aims to create first-in-class drugs that can effectively overcome resistance to existing treatments. The company's approach highlights its commitment to advancing cancer care and improving patient outcomes through targeted therapeutic innovations.

1939

Venture Round in 2021
1939 Games ehf. is an indie game development studio based in Reykjavík, Iceland, founded in 2015 by former veterans of CCP. The company specializes in creating World War II-themed gaming experiences, with a primary focus on developing a digital collectible card game titled KARDS. This game integrates familiar elements from the card game genre while incorporating classic World War II themes, aiming to deliver an engaging and action-packed experience for players. By blending historical facts with gameplay, 1939 Games seeks to provide a unique role-playing experience that appeals to both card game enthusiasts and history buffs alike.

Nuvilab

Seed Round in 2021
Nuvi Lab has developed food scanners for two different industries: Healthcare - Nuvi Lab's food scanners can analyze users' eating habits to understand their health. Based on this data, users can obtain objective and reliable Big Data analysis of nutritional balance, calories, meal times and preferred food. Eco-cafeterias - Nuvi Lab's food scanners can also improve the quality of cafeteria meals by analyzing the volume of servings, consumed food and leftover food. Through this solution, users can also analyze the causes of food waste and accurately predict the volume of intake to minimize the amount of leftovers. In addition, they can establish a compensation system to induce reduction of leftovers by analyzing individual deviated food habits.

NeogenTC

Series A in 2021
NeogenTC is focused on developing innovative cancer therapies aimed at providing personalized treatment options for patients. The company utilizes a novel antigen discovery platform that enhances the accuracy of predictions in identifying suitable targets for therapy. This platform is integrated with a unique immune cell therapy technology that directly binds to actual immune cells, allowing for targeted treatment of solid tumors that are typically challenging to manage. By enhancing the effectiveness of immune T-cell therapies, NeogenTC seeks to improve outcomes for patients facing difficult-to-treat cancers.

mangrove

Series B in 2021
Operator of a real-estate company intended to build large-scale shared housing. The company's real-estate services thrive to build an aspiring space based upon connections between individuals, enabling users to create a city that is good for living.

Intocell

Series C in 2021
Intocell Inc. is a company based in Daejeon, South Korea, that specializes in the development and commercialization of innovative conjugate platform technologies. Founded in 2015, Intocell focuses on creating advanced solutions that integrate various components, including scaffold moieties, ligands, toxins, linkers, and conjugation methods. These technologies are designed to enhance therapeutic efficacy and offer novel approaches in the fields of medicine and biotechnology.

Survios

Funding Round in 2020
Survios, Inc. is a Los Angeles-based virtual reality company founded in 2012 that specializes in creating immersive gaming experiences. The company emerged from Project Holodeck, an interdisciplinary initiative at the University of Southern California’s Games program, founded by Nathan Burba, James Iliff, and Alexander Silkin. Survios focuses on developing interactive content that utilizes cutting-edge immersive technology to enhance user engagement. Its games are designed to offer a comprehensive sensory experience, incorporating visuals, sounds, and tactile elements to create a dynamic environment for players. Survios aims to push the boundaries of virtual reality gaming and redefine how users interact with digital content.

Curocell

Series C in 2020
Curocell Inc is engaged in medical and pharmaceutical research and development. The company is into development of CAR-T treatments that enhance the natural function of immune cells to eliminate cancer cells through genetic manipulation of human immune cells.

DRX

Series A in 2020
DRX is an esports management organization that oversees a professional League of Legends team. The organization has cultivated a significant global fanbase, achieving an impressive average of 270,000 viewers during the recent spring season, ranking third in global viewership among all League of Legends teams. DRX specializes in developing a proprietary method of quantitative and qualitative metrics analysis, which informs a structured training system for its players. This approach not only enhances team performance but also enables players to compete effectively in the competitive esports landscape.

mangrove

Series A in 2020
Operator of a real-estate company intended to build large-scale shared housing. The company's real-estate services thrive to build an aspiring space based upon connections between individuals, enabling users to create a city that is good for living.

Fast Campus

Series B in 2019
Fast Campus Co., Ltd. is an education provider based in Seoul, South Korea, founded in 2014. The company offers both online and offline courses, focusing on in-demand skills such as data science, programming, marketing, and languages including English, Chinese, and Spanish. In addition to individual learning programs, Fast Campus also provides training tailored for corporate clients. The platform aims to deliver professional educational content and experiential learning programs to help students enhance their skills and become job-ready in a competitive job market.

Day1 Company

Series B in 2019
Day 1 Company (formerly Fast Campus) is Korea’s fastest-growing Life-Changing Education startup.

Madup

Series B in 2019
Madup specializes in mobile app marketing services, focusing on optimizing advertising efficiency for startups and small to medium-sized businesses. The company provides a range of services, including app marketing consulting, platform management, and advertisement planning. Utilizing data from tracking tools, Madup implements various marketing strategies such as reward marketing, cost-per-install (CPI), cost-per-action (CPA), and cost-per-thousand impressions (CPM) to enhance the effectiveness of clients' advertising efforts. By collaborating with major companies across diverse sectors, including commerce, real estate, and education, Madup aims to address the digital marketing challenges faced by its clients. The company is committed to employing innovative, ad tech-based performance marketing techniques to maximize the marketing value for its clients, while continually adapting to trends and revenue models in the mobile app market.

Sugarhill

Series B in 2018
Sugarhill is a Korean company that develops a commercial real estate platform called Nemo.

TeeLABS

Seed Round in 2018
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.

Woman’s Talk

Venture Round in 2017
Woman’s Talk is viewed by its users as a ‘friendly’ platform for the way in which it provides users with pricing and product related information. A key factor in the success of the business is the requirement for product brands to provide their most competitive price and product guarantee. Woman’s Talk in return provides a lower service fee compared to traditional distribution services whilst also providing the full marketing support required to promote the product.

MVERSE

Venture Round in 2016
MVERSE Inc., founded in 2012 and based in Seoul, South Korea, operates an e-commerce platform specializing in the retail of fashion apparel, accessories, and cosmetic products. The company also designs and develops mobile accessories and mobile commerce solutions, catering to the open market. Through its innovative approach, MVERSE aims to enhance the online shopping experience by integrating technology with retail.

Huuuge

Series B in 2016
Huuuge, Inc. is a game developer and publisher specializing in mobile social casino games. Founded in 2015 and based in Palo Alto, California, the company aims to create a large-scale real-time social casual gaming platform that connects millions of players worldwide. Huuuge focuses on enhancing the mobile gaming experience by transforming casual gaming into engaging, social interactions. The company primarily generates revenue through in-app purchases and advertisements within its games, which encompass various categories including arcade, puzzle, and casino genres. Huuuge is dedicated to becoming a leader in the free-to-play mobile gaming sector.

Dining Code

Venture Round in 2015
Dining Code Ltd. is a South Korean company founded in 2014, based in Seoul. It operates an online search portal that leverages big data analytics to assist users in discovering restaurants in their local area. The platform aims to enhance the dining experience by providing tailored recommendations and easy access to a variety of dining options.

Vroong

Series A in 2015
VROONG, a brand under Mesh Korea, is a prominent player in the last-mile logistics sector, known for its innovative approach to delivery services. It offers a range of solutions including premium delivery services through 'VROONG Prime', an integrated logistics management solution called 'VROONG TMS', fresh food delivery with 'VROONG Fresh', and a delivery magazine known as 'VROONG Collection'. VROONG boasts over 80 stations and a network of 13,000 riders across South Korea, enabling it to provide fast and reliable delivery services. The company leverages its platform to enhance the efficiency of the delivery process, connecting logistics companies, restaurants, and local stores through a streamlined application. This integration fosters a systematic logistics network, positioning VROONG as a key innovator in the industry.

Iamcompany

Series A in 2014
‘iamcompany’ is a student startup based on KAIST Midam committee and other educational charity services within KAIST. The company’s vision is to find students’potential through internet based technologies. To fulfill this vision, the company received 2 billion won investment from various investors. Service ‘iamschool’ is a mobile app that sends various educational institutions’ news and other contents to students’ caregivers. Just like ‘Twitter’, educational institutions send contents and news publicly. Caregivers search and follow institutions. (Download: play.google.com/store/apps/details?id=com.imcompany.school2) ‘iamclass’ is a web service that sends institutions’ information about students or institution itself directly to students’ caregivers. This app also advertises educational institutions to their target market. (Download: play.google.com/store/apps/details?id=com.imcompany.school2)
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