LB Investment

LB Investment Inc. is a private equity and venture capital firm based in Seoul, South Korea, founded in 1996. The firm specializes in buyouts, seed, and expansion capital, focusing on early-stage investments in mid-to-large sized companies primarily in Korea and China. LB Investment targets a variety of industries, including information technology, biotechnology, healthcare, renewable energy, education, and entertainment. The firm invests in companies that have been operating for three to five years and exhibit at least a 30% annual growth rate, typically committing between KRW 500 million and KRW 3 billion in equity per transaction. LB Investment prefers to take a minority stake of 10% to 15% and does not actively engage in the management of its portfolio companies. The firm also maintains a presence in Shanghai and seeks opportunities across other parts of Asia and the United States.

Dooseok Chae

Managing Director, Executive Director and Head of Growth Secondary Headquarters

Ki-Ho Park

CEO

77 past transactions

NRISE

Series B in 2022
NRISE is a company focused on developing software applications that enhance communication and content sharing among users. It has created several applications, including MOCI and WIPPY, which aim to connect individuals and facilitate the sharing of content. Additionally, NRISE offers an application dedicated to home workouts, combining social media features with various types of content videos. Through its innovative services, NRISE aims to provide users with enjoyable and engaging communication experiences.

Torder

Venture Round in 2022
Torder is a technology company that has transitioned from its original focus on a tablet ordering and advertising platform to a broader aim of facilitating unattended control of devices from any location. By utilizing a glass panel rather than traditional plastic touch panels, Torder enhances the user experience while optimizing operational efficiency. The company’s innovative approach allows clients to lower their monthly expenses while providing a comfortable interface for consumers. This evolution positions Torder as a next-generation leader in the tech space, dedicated to streamlining device management and enhancing user accessibility.

ProtoPie

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.

OnePredict

Series C in 2022
Established in 2016, OnePredict is a prominent provider of industrial AI technology, recognized for its innovative solutions in machine digitalization and intelligence. The company has won the Global PHM Data Challenge nine times, highlighting its expertise in this field. OnePredict's product line, including the GuardiOne® Series, Cells, Edge, and Cloud solutions, focuses on delivering advanced AI applications for various industrial components such as bearings, turbines, wind farms, transformers, robots, and motors. Its software is designed to transform data into actionable insights through predictive analytics, helping businesses assess the risk of failure and determine the remaining lifespan of critical equipment. By enabling accurate and timely decision-making, OnePredict supports companies across diverse industries in enhancing operational efficiency and reliability.

Adriel

Series B in 2022
Adriel Co., Ltd. specializes in designing and developing digital marketing and advertising software solutions, utilizing machine learning to automate marketing processes. Founded in 2017 and headquartered in Seoul, South Korea, Adriel serves a variety of sectors, including shopping malls, educational services, real estate, and travel agencies. The platform is particularly geared towards small and medium-sized enterprises (SMEs) and startups, allowing users to create and manage ads across multiple platforms, such as Google, Facebook, and Instagram, with minimal effort. By simplifying access to digital advertising through a pay-as-you-go model, Adriel enables even the smallest businesses to effectively market their products and reach target customers, continually optimizing ad performance over time. With a growing global presence, Adriel has attracted thousands of customers who rely on its automated solutions to enhance their marketing efforts.

Ably

Series C in 2022
ABLY Corp., Inc. offers an in-store market collection application for fashion/beauty shopping. The company also offers delivery and after-purchase services for sellers. ABLY Corp., Inc. was founded in 2018 and is based in Seoul, South Korea.

Fastlane

Series A in 2021
Fastlane is a management consulting company that specializes in helping Chinese consumer brands expand into global markets, particularly in Europe and North America. The firm offers comprehensive services that encompass brand development, business infrastructure, and sales growth. Fastlane collaborates closely with clients to deliver tailored solutions that include go-to-market strategies, marketing communications, logistics, e-commerce, and digital operations. By providing a full range of supply chain services and digital tools, Fastlane aims to address the challenges faced by enterprises seeking international expansion. Their offerings cater to a diverse client base, ranging from small businesses to large corporations, with services that can be customized from basic consulting to complete turnkey operations.

S2W

Series B in 2021
s2w lab safe and secure world is a Big data analytics solution for cyber threat response such as dark web.

3i

Series A in 2021
3i Inc. - the 3D Intelligence Company - is specialized in indoor spatial 3D mapping, rendering and navigation. We use computer vision, machine learning and XR to represent space as it is: in 3D. By doing so, we aim to solve modern collaboration and documentation issues for Facility Management, Construction, Insurance, Real Estate... We empower our client with fast, light, powerful and affordable technology that enables them to better collect, visualize and manage data in 3D space.

Daily Beer

Series A in 2021
Operator of craft beer franchises intended for the store owners to freely choose and sell the beers they want after taking their local area into account. The company offers unique exclusive craft beers with a wide range of K-food options, enabling customers to experience beverages along with various chicken menus.

Plasmapp

Venture Round in 2021
Plasmapp Co. Ltd., established in 2015 and located in Daejeon, South Korea, specializes in plasma engineering technology, focusing on the development of plasma curing and sterilization solutions. The company has introduced innovative products such as PMPS, a multi-purpose atmospheric plasma device for generating plasma-treated water and sterilizing medical instruments, and STERPACK packaging pouches, which serve as a novel plasma sterilizer for medical tools. Additionally, Plasmapp has created the PNCM system for precise in-situ monitoring of NOx concentrations. The company draws on advanced plasma technologies developed from research at KAIST and aims to provide effective engineering solutions for various industries, including food processing and medical applications.

HappyFresh

Series D in 2021
HappyFresh is an online grocery platform operating in Southeast Asia, specifically in Indonesia, Malaysia, and Thailand. Founded in 2014, it enables customers to shop for a variety of grocery products from local supermarkets with ease. The company employs its own delivery fleet and staff, who are responsible for selecting and delivering fresh groceries directly to consumers' doorsteps. By partnering with established grocery stores, HappyFresh provides a convenient service that allows users to order their essential items efficiently.

Trell

Series B in 2021
Trell Experiences Private Limited, established in 2016 and based in Mumbai, India, operates a mobile video blogging application designed for wanderers, foodies, and travelers. The platform serves as a community-based resource for discovering lifestyles through user-generated videos in various Indian languages. It allows users to create visual collections of their experiences, facilitating the sharing and discussion of favorite places and activities. By connecting people globally, Trell enables users to explore new destinations and learn about local experiences, enhancing their travel and lifestyle choices.

Standigm

Series C in 2021
Standigm, Inc. is a South Korea-based company founded in 2015 that specializes in applying advanced artificial intelligence technologies to the pharmaceutical industry, particularly in drug discovery. The company focuses on drug repositioning, utilizing a sophisticated AI model to predict new indications for existing drugs by analyzing molecular features related to drug responses and uses. Standigm has successfully generated numerous drug candidates targeting various conditions, including cancers, Parkinson's disease, autism, and fatty liver diseases. By leveraging its AI-driven approach, Standigm aims to deliver practical benefits such as reducing time and costs in the drug discovery process while minimizing uncertainties typically associated with the development of new therapies.

Amazing Brewing Company

Series B in 2021
Amazing Brewing Company owns and operates a brewery. The company was founded in 2016 and is based in Seoul, South Korea.

TASTY9

Series B in 2021
Producer and retailer of home meal replacement products intended to provide high-quality and premium food products. The company specializes in various ready-to-eat cuisines like Japanese, Vietnamese and Chinese and also has seasonal food with domestic produce on the menu, enabling working professionals and clients to consume food with ease.

Elice

Series B in 2020
Elice Inc. is a South Korean company headquartered in Daejeon that specializes in online education, focusing primarily on coding courses. The company offers a range of programming courses that include languages such as C++, Python, and Java, as well as web application design and development. Elice utilizes an artificial intelligence-based platform that enhances the learning experience by facilitating live coding sessions and providing immediate feedback to students. This approach combines algorithmic coding with social learning, enabling learners to engage actively and improve their coding skills effectively.

Ocean Drive Studio

Series A in 2020
Ocean Drive Studio is a video game development company founded in 2019 and based in El Segundo, California. The studio specializes in creating online games that emphasize community engagement and immersive gameplay. With a focus on low-fantasy settings and grid-based tactical combat, Ocean Drive Studio aims to enhance the gaming experience for players through visually appealing graphics and strategic game mechanics. The company is dedicated to realizing its vision of developing games that foster connections among gamers.

Ably

Series B in 2020
ABLY Corp., Inc. offers an in-store market collection application for fashion/beauty shopping. The company also offers delivery and after-purchase services for sellers. ABLY Corp., Inc. was founded in 2018 and is based in Seoul, 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.

Nota AI

Series A in 2020
NOTA’s deep learning model compression technology allows models to be stored individually on small edge devices without affecting the performance. Compared to large AI models, our on-device AI technology incurs only 20% of the previous cost and speeds up inference and predictions by 70%. Our compression removes latency, server/network cost, and privacy problems, while still achieving state-of-the-art performance at object detection, identification, and tracking. Clients can benefit from our stand-alone AI products at a lower cost, faster inference, and no privacy concerns.

Trenbe

Series B in 2020
Trenbe Inc. is an online fashion platform based in Seoul, South Korea, specializing in the sale of apparel, bags, shoes, and accessories for both men and women. Incorporated in 2016, the company focuses on providing luxury clothing and accessories through its online shopping mall, which features a wide range of products from various brands. Utilizing in-house technology, Trenbe aims to offer luxury goods at more affordable prices, making high-end fashion accessible to a broader audience.

bitsensing

Seed Round in 2020
Bitsensing is a South Korean startup established in 2018 that specializes in radar technology to create innovative smart city solutions aimed at enhancing the quality of life for citizens. The company's product lineup includes the Traffic Radar, which provides real-time traffic data such as vehicle count and speed, and the Virtual Fence, a device that detects intrusions without physical barriers. Additionally, Bitsensing develops a 4D Imaging Radar that supports autonomous driving by offering high-resolution, point-cloud-based detection and tracking capabilities in various environments. These technologies leverage artificial intelligence to foster smarter living conditions and improve overall urban safety and efficiency.

Musicow

Series B in 2020
Musicow, Inc. owns and operates an online platform that allows musical artists to share their copyright with fans, allowing the fans to invest in their music and receive royalties. The company through its platform enable users to bid on the creations of music available on the platform and earn royalties on the basis of times the song is streamed and used. Musicow, Inc. was founded in 2017 and is based in Seoul, South Korea.

Buzzvil

Series C in 2020
Buzzvil Co., Ltd. is a South Korean company that specializes in lock screen advertising platforms. Founded in 2012 and headquartered in Seoul, Buzzvil provides two key offerings: Honeyscreen, a mobile application that turns smartphone lock screens into advertising spaces, and Buzzscreen, a software development kit (SDK) for Android that integrates advertisements and content into users' lock screens. The company serves both publishers and advertisers, enabling them to enhance user engagement through innovative digital marketing strategies. Buzzvil leverages machine learning to optimize marketing campaigns and aims to expand its reach beyond mobile lock screens to engage a broader audience. Through its platforms, Buzzvil seeks to create premium advertising inventory and foster meaningful interactions between users and brands.

Zhangshang Tangyi

Series D in 2020
Zhangshang Tangyi is a health management platform with a focus on diabetes. It allows patients to upload their own health data to their mobile app and receive treatment guidance from doctors. Zhangshang Tangyi was founded in 2014 and is based in Hangzhou, Zhejiang.

Recens Medical

Series B in 2019
Recens Medical is a medical device which can precisely and rapidly cool the surface of the eye This device cools to a temperature.

Standard Energy

Venture Round in 2019
Standard Energy Co., Ltd., founded in 2013 and based in Daejeon, South Korea, specializes in developing advanced energy storage solutions utilizing proprietary redox flow battery technology. The company's innovative batteries are designed for various applications, including residential use, electric vehicle charging stations, uninterruptible power supplies, and renewable energy systems. Standard Energy's focus on enhancing battery performance aims to provide clients with safe, cost-effective solutions that ensure stable operation even in challenging environments. By leveraging its vanadium ion battery technology, the company seeks to transform the energy storage landscape, moving beyond conventional lithium-ion systems.

Blocko

Series B in 2019
Blocko is a commercial blockchain startup offering multinational organizations the ability to design, deploy, and manage digital services on a secure distributed network. It provides a blockchain operating system and a development platform with stable APIs. The company supports AERGO, a new open-source enterprise blockchain solution based on a hybrid blockchain design with advanced cloud deployment capabilities.

D&D Pharmatech

Series B in 2019
D&D Pharmatech Co., Ltd. is a clinical-stage biotech company based in Seongnam, South Korea, established in 2014. The company focuses on developing innovative medicines across various therapeutic areas, including neurodegenerative, fibrotic, and metabolic diseases. It operates through disease-specific subsidiary companies that are guided by leading medical research faculty, facilitating the translation of advanced research into viable therapeutic products. D&D Pharmatech's expertise encompasses drug research and development, manufacturing quality control, and clinical development. Additionally, the company is involved in the development of positron emission tomography (PET) imaging biomarkers and single-cell sequencing technologies related to degenerative brain diseases. By leveraging advanced drug delivery technologies, such as PEGylation, D&D Pharmatech aims to enhance the effectiveness and outcomes of its therapeutic offerings.

Petplus

Series A in 2019
PetPlus is a pet e-commerce application that serves as a community platform for cat and dog owners. Users can share photos of their pets, engage in entertainment and communication, and test a love index for their pets. The application also features a weekly update of the pet index and offers a variety of cat-related products, including food and accessories. By combining social interaction with e-commerce, PetPlus provides a unique space for pet owners to connect while meeting their pet care needs.

Fitpet

Venture Round in 2019
Fitpet's mission to create sustainable and wholesome pet-friendly society with IT over the world.

Ably

Series A in 2019
ABLY Corp., Inc. offers an in-store market collection application for fashion/beauty shopping. The company also offers delivery and after-purchase services for sellers. ABLY Corp., Inc. was founded in 2018 and is based in Seoul, South Korea.

Standigm

Series B in 2019
Standigm, Inc. is a South Korea-based company founded in 2015 that specializes in applying advanced artificial intelligence technologies to the pharmaceutical industry, particularly in drug discovery. The company focuses on drug repositioning, utilizing a sophisticated AI model to predict new indications for existing drugs by analyzing molecular features related to drug responses and uses. Standigm has successfully generated numerous drug candidates targeting various conditions, including cancers, Parkinson's disease, autism, and fatty liver diseases. By leveraging its AI-driven approach, Standigm aims to deliver practical benefits such as reducing time and costs in the drug discovery process while minimizing uncertainties typically associated with the development of new therapies.

Tutoring

Series A in 2019
Tutoring is an on-demand mobile learning platform designed to connect students with native English-speaking instructors across the globe. This service allows users to engage with qualified tutors in real-time, facilitating language lessons that enable students to practice their English speaking skills without the need for prior reservations. The platform aims to provide flexible and accessible educational opportunities, catering to the needs of learners seeking to improve their language proficiency at their convenience.

Zhangshang Tangyi

Series C in 2019
Zhangshang Tangyi is a health management platform with a focus on diabetes. It allows patients to upload their own health data to their mobile app and receive treatment guidance from doctors. Zhangshang Tangyi was founded in 2014 and is based in Hangzhou, Zhejiang.

Lixiangjia

Series C in 2018
The professional global Chinese overseas asset reconfiguration consulting service platform is dedicated to providing one-stop overseas asset product information support services for Chinese wealth management practitioners. It has set up branches in many cities across the country to provide institutions, financial planners and medium and high net worth families. Professional overseas asset reconfiguration plan.

Blocko

Series C in 2018
Blocko is a commercial blockchain startup offering multinational organizations the ability to design, deploy, and manage digital services on a secure distributed network. It provides a blockchain operating system and a development platform with stable APIs. The company supports AERGO, a new open-source enterprise blockchain solution based on a hybrid blockchain design with advanced cloud deployment capabilities.

Neuraly

Series A in 2018
Neuraly, Inc. is a biotechnology company focused on developing innovative treatments for neurodegenerative diseases, including Parkinson’s and Alzheimer’s diseases. Founded in 2016 and based in Germantown, Maryland, Neuraly emerged from pioneering research led by prominent neuroscientists at Johns Hopkins School of Medicine. The company is advancing several drug candidates, notably NLY01, a neuroprotective agent designed to inhibit pathological microglial activation, as well as NLY02 and NLY03, which are kinase inhibitors that penetrate the blood-brain barrier. Recent research published in Nature Medicine highlights the significance of glial cells in the progression of neurodegenerative disorders, underpinning Neuraly's therapeutic approach aimed at mitigating neuronal cell death. Neuraly operates as a subsidiary of D&D Pharmatech Co., Ltd.

DAILYHOTEL

Series C in 2018
DAILYHOTEL is a lifestyle technology enabler that provides affordable access to quality experiences in accommodation, dining and travel offerings through its mobile platform. They focus on transaction through mobile app only, selling more than 100,000 room every month on average in just South Korea alone. In 2017 March, they have reached over 7million downloads for their app.

CodeIsTrust

Seed Round in 2018
CodeIsTrust Ltd is a custom blockchain data solutions provider, providing custom blockchain data to law enforcement agencies, governments, and financial institutions. In addition, CodeIsTrust is the developer behind Walletrek, a mobile Ethereum and ERC20 browser.

EOFlow

Series C in 2018
EOFlow Co., Ltd. is a South Korean company specializing in drug delivery solutions, particularly in the development of wearable insulin pump systems. Its flagship product, EOPatch, is recognized as the world's smallest full-featured disposable insulin pump, designed to be smarter, better-connected, and more cost-effective than existing market leaders. EOFlow plans to enhance the EOPatch with a software upgrade that will enable closed-loop insulin control, effectively functioning as an automated insulin delivery system. Additionally, the company is working on an all-in-one wearable disposable artificial pancreas solution, which has recently received Breakthrough Device designation from the FDA.

Awair

Venture Round in 2018
Awair is a company focused on enhancing indoor health and safety through innovative air monitoring solutions. Founded in 2013 and headquartered in San Francisco, Awair designs products that seamlessly integrate into homes and offices while providing actionable insights into indoor air quality. Their devices monitor key environmental factors such as temperature, humidity, carbon dioxide, volatile organic compounds, and dust, enabling users to assess and optimize the air quality in their surroundings. By equipping individuals with personalized solutions, Awair aims to transform how indoor spaces are designed and constructed, empowering people to make informed decisions for healthier living.

Maihaoche.com

Series B in 2018
Maihaoche.com is an automotive e-commerce platform that serves auto dealers by providing a comprehensive marketplace for vehicle circulation. The platform offers detailed descriptions of various car models along with discounted prices, facilitating the buying and selling process. Additionally, it integrates services such as finance, warehousing, logistics, and software solutions, which help auto dealers enhance operational efficiency and profitability while lowering operating costs. This combination of features positions Maihaoche as a valuable resource for those in the automotive sales industry.

D&D Pharmatech

Series A in 2018
D&D Pharmatech Co., Ltd. is a clinical-stage biotech company based in Seongnam, South Korea, established in 2014. The company focuses on developing innovative medicines across various therapeutic areas, including neurodegenerative, fibrotic, and metabolic diseases. It operates through disease-specific subsidiary companies that are guided by leading medical research faculty, facilitating the translation of advanced research into viable therapeutic products. D&D Pharmatech's expertise encompasses drug research and development, manufacturing quality control, and clinical development. Additionally, the company is involved in the development of positron emission tomography (PET) imaging biomarkers and single-cell sequencing technologies related to degenerative brain diseases. By leveraging advanced drug delivery technologies, such as PEGylation, D&D Pharmatech aims to enhance the effectiveness and outcomes of its therapeutic offerings.

Orum Therapeutics

Series A in 2017
ORUM THERAPEUTICS, INC. engages in the research and development of therapeutic antibodies using cell penetrating antibody platform. Its platform targets specific cell types and adapts to different cell types and different intracellular proteins without chemical modifications. The company develops products for treatment of genetic diseases and cancer. ORUM THERAPEUTICS, INC. was founded in 2016 and is based in Daejeon, South Korea.

Wochu

Series B in 2016
Wochu (Shanghai) Technology Co., Ltd. is a private company based in China that operates an online fresh food e-commerce platform. Founded in December 2014, Wochu specializes in the sale and delivery of a wide range of products including green vegetables, clean vegetables, fruits, meat, poultry, dairy, and various non-staple foods. The company offers over 500 types of fresh and safe food items, aiming to meet the demands of customers looking for quality produce and groceries through its online market.

Awair

Series A in 2016
Awair is a company focused on enhancing indoor health and safety through innovative air monitoring solutions. Founded in 2013 and headquartered in San Francisco, Awair designs products that seamlessly integrate into homes and offices while providing actionable insights into indoor air quality. Their devices monitor key environmental factors such as temperature, humidity, carbon dioxide, volatile organic compounds, and dust, enabling users to assess and optimize the air quality in their surroundings. By equipping individuals with personalized solutions, Awair aims to transform how indoor spaces are designed and constructed, empowering people to make informed decisions for healthier living.

Standigm

Series A in 2016
Standigm, Inc. is a South Korea-based company founded in 2015 that specializes in applying advanced artificial intelligence technologies to the pharmaceutical industry, particularly in drug discovery. The company focuses on drug repositioning, utilizing a sophisticated AI model to predict new indications for existing drugs by analyzing molecular features related to drug responses and uses. Standigm has successfully generated numerous drug candidates targeting various conditions, including cancers, Parkinson's disease, autism, and fatty liver diseases. By leveraging its AI-driven approach, Standigm aims to deliver practical benefits such as reducing time and costs in the drug discovery process while minimizing uncertainties typically associated with the development of new therapies.

EOFlow

Series B in 2016
EOFlow Co., Ltd. is a South Korean company specializing in drug delivery solutions, particularly in the development of wearable insulin pump systems. Its flagship product, EOPatch, is recognized as the world's smallest full-featured disposable insulin pump, designed to be smarter, better-connected, and more cost-effective than existing market leaders. EOFlow plans to enhance the EOPatch with a software upgrade that will enable closed-loop insulin control, effectively functioning as an automated insulin delivery system. Additionally, the company is working on an all-in-one wearable disposable artificial pancreas solution, which has recently received Breakthrough Device designation from the FDA.

Tantan

Series C in 2016
Tantan is a Chinese mobile social dating platform designed to find and interact with new people. The application is based on geolocation that offer matched up profiles with live group chats using text, voice and video, enabling users to find their perfect match and meet them in real life. Tantan is most popular with millennials and have over 5 million active users worldwide.

Buzzvil

Series B in 2015
Buzzvil Co., Ltd. is a South Korean company that specializes in lock screen advertising platforms. Founded in 2012 and headquartered in Seoul, Buzzvil provides two key offerings: Honeyscreen, a mobile application that turns smartphone lock screens into advertising spaces, and Buzzscreen, a software development kit (SDK) for Android that integrates advertisements and content into users' lock screens. The company serves both publishers and advertisers, enabling them to enhance user engagement through innovative digital marketing strategies. Buzzvil leverages machine learning to optimize marketing campaigns and aims to expand its reach beyond mobile lock screens to engage a broader audience. Through its platforms, Buzzvil seeks to create premium advertising inventory and foster meaningful interactions between users and brands.

Iamcompany

Series B in 2015
‘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)

Open Gallery

Venture Round in 2015
Open Gallery, Inc. is a South Korean company that provides an artwork rental service, facilitating a connection between emerging domestic artists and the public. Founded in 2013 and based in Seoul, the company operates an online platform that offers a diverse selection of original paintings from numerous artists. This service allows customers to rent artwork at affordable prices, with the option to replace pieces every three months. By making art more accessible, Open Gallery aims to create a communication space between artists and the community, promoting the appreciation of art in homes and offices throughout Korea.

StudyMax

Venture Round in 2015
StudyMax (스터디맥스) is a Korean company offering online English learning facilities and tutorials for native students. StudyMax offers many tools, tutorials, and study programs designed especially for non-English speaking students. The website offers 11 different learning processes, items, and game elements such as badges and interactive learning methodologies to make the learning process easier for its users. The Max online English learning program is available on PCs and all mobile devices. The application is also available for download at the iTunes store.

Tantan

Series B in 2015
Tantan is a Chinese mobile social dating platform designed to find and interact with new people. The application is based on geolocation that offer matched up profiles with live group chats using text, voice and video, enabling users to find their perfect match and meet them in real life. Tantan is most popular with millennials and have over 5 million active users worldwide.

FraSen

Seed Round in 2015
Frasen Inc. provides software and hardware related to healthcare services. It developed a hardware known as Neurofeedback Sleep Mask and a software known as Personal Sleep Care Service. Neurofeedback Sleep Mask is based on the neuroscience of sleep. It is able to measure the brain waves to monitor sleep stages precisely and to stimulate the brain using sound and light to synchronize brain waves from light sleep stages to deep sleep stages. Frasen has received investments from FastTrackAsia. It was established on March 8, 2010.

KOKOMO Games

Series A in 2015
KoKomo is comprised of experienced team members who have successfully developed, launched and operated various online games including “Lineage2“, the first 3D MMORPG in Korea which has been loved by many users for more than 10 years, and NCSoft’s flagship MMO title “Blade&Soul“. Contrary to today’s trend in the game market which is inclined towards TCG and other midcore RPG games, KoKoMo would like to focus on hardcore RPG genre which remains as blue ocean. They are aiming to develop a flagship mobile MMORPG game that can also target gamers in Asia, who have similar characteristics and interests to gamers in Korea.

ZigBang

Venture Round in 2015
Zig Bang, an apartment hunting app from Korea. Users on Zig Bang can search for rental properties by the number of rooms, occupants, and price. Across both mobile and web versions, the startup reports 6 million users (though those aren’t all necessarily active and there might be some overlap). The goal for 2015 is to hit 10 million and potentially seek another funding round.

The Beatpacking Company

Series B in 2015
The Beatpacking Company is a prominent provider of ad-supported music streaming services in South Korea, operating through its application called BEAT. This platform offers a social mobile music streaming experience, allowing users to enjoy a diverse range of music tailored to their specific genre preferences. By focusing on mobile devices and smartphones, The Beatpacking Company caters to the growing demand for accessible music streaming, positioning itself as a leader in the South Korean market.

Noom

Series B in 2014
Noom, Inc. is a mobile health coaching company that focuses on preventing and managing chronic conditions such as obesity, diabetes, and hypertension. Founded in 2008 and headquartered in New York, with additional offices in Seoul and Tokyo, Noom combines technology with human empathy to facilitate behavior change. Its platform includes evidence-based curricula, trained cognitive behavior coaches, and mobile tracking tools, allowing users to engage in personalized health management. Noom's direct-to-consumer applications have successfully reached over 47 million users globally, and the company has expanded its offerings to include programs for pre-hypertension and diabetes management, as well as its original weight loss initiatives. By leveraging the recognition from the CDC's Diabetes Prevention Program, Noom aims to provide scalable solutions for individuals seeking to improve their health outcomes.

Wider Planet

Series C in 2014
WIDER PLANET Inc. operates advertising platforms in South Korea and internationally. Its platforms analyze digital users’ preferences and interests based on big data, and recommends and delivers optimal, targeted marketing, and advertisement contents. The company offers demand side platform that provides information about categorized users to meet the client’s needs; data management platform, a marketing tool to collect and analyze holistic behavioral data of target customers; real-time bidding platform; and SSP advertising tool. It also provides display and mobile advertising services. The company was founded in 2010 and is based in Seoul, South Korea.

StyleShare

Series B in 2014
StyleShare Inc. is a South Korean company established in 2011 that operates a mobile and web application focused on fashion, beauty, and lifestyle. The platform allows users to share and receive real-time updates regarding the latest trends in these areas. With millions of users from 120 countries, StyleShare has emerged as a leading mobile platform for daily fashion and beauty enthusiasts. The application has gained significant recognition within the industry, being highlighted by prominent publications such as VOGUE, Instyle, and Elle Japan, affirming its status as a top choice for users interested in fashion and lifestyle sharing.
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