Seoul Investment Partners

Seoul Investment Partners Co., Ltd. is a private equity and venture capital firm based in Seoul, South Korea, and serves as the investment subsidiary of Korea Information & Communication Co. Ltd. Established in 2010, the firm specializes in buyouts, corporate restructurings, growth capital, and cross-border investments. It primarily targets small and medium-sized enterprises focusing on technological and management innovation across various industries, including mobile devices, innovative materials, smart devices, machinery, petrochemicals, semiconductors, and renewable energy. Additionally, the firm offers consulting services in mergers and acquisitions, financial structuring, and management strategies. Seoul Investment Partners favors investments in specific regions of South Korea, such as Gyeonggi-do, Jeollabuk-do, Jeollanam-do, Chungcheongnam-do, and Gyeongsangbuk-do, with a particular emphasis on early-stage technology-related companies and industries undergoing significant transformation.

Soon Choi Heung

Vice President & Executive Managing Director

In Sik Park

Executive Managing Director

Past deals in South Korea

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
Their Company has developed a biomarker-based cancer drugs based on accumulated developmental experience and know-how. They have a new drug development institute including synthetic and bio-research and management support center. Utilizing R&D infrastructure from Asan Medical Center in Seoul Republic of Korea they are focusing on developing new drugs that overcome resistance of existing therapeutic approaches. Additionally they are focusing on developing first-in-class biomarker-based drugs for medical unmet needs in various cancers such as colon cancer, lung cancer and liver cancer.

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.

Neogen TC

Series A in 2021
Neogentc is developing an anti-cancer immune T-cell therapy based on a new antigen discovery platform that goes beyond inaccurate predictions and an innovative immune cell therapy-based technology that binds to actual immune cells.

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. develops and commercializes novel conjugate platform technologies, comprised of scaffold moiety, ligards, toxins, linkers, and conjugation methods. The company was founded in 2015 and is based in Daejeon, South Korea.

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 and runs a professional League of Legends (LOL) team. It has a strong global fandom, which helped DRX reach 270k average viewers in this spring season and 3rd place in global viewership across all global LOL teams. DRX has developed a proprietary method of quantitative and qualitative metrics analysis upon which builds a structured team training system.

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 educational institution based in Seoul, South Korea, specializing in both online and offline learning services. Established in 2014, the company offers a variety of courses in data sciences, programming, marketing, and foreign languages, including English, Chinese, and Spanish. Additionally, Fast Campus provides training programs tailored for corporate clients. The institution aims to equip individuals and organizations with essential skills relevant to the evolving 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.

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 (dba Surprise, (엠버스) is a Korean software company that designs and develops mobile accessories and mobile commerce solutions for the open market. MVERSE was established in June 2012 in Seoul, Korea.

Dining Code

Venture Round in 2015
Dining Code Ltd. owns and operates an online search portal that analyzes big data to help users find restaurants in their vicinity. Dining Code Ltd. was founded in 2014 and is based in Seoul, South Korea.

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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