IMM Investment

IMM Investment Corp. is a private equity and venture capital firm specializing in mezzanine investments. It focuses on mergers and acquisitions, venture capital investing, corporate restructuring, private equity investing, industry consolidation, management buyouts, spin-offs, recapitalizations, and cross-border investments. Within mergers and acquisitions, the firm invests in strategic mergers, growth through acquisitions, going public via a reverse merger, and strategic divestures. For recapitalizations, it targets family owned enterprise considering whole or partial exit and balance sheet restructuring. The firm also co-invests in buyout transactions. For its growth stage investments, it allocates 20 percent to startups, 40 percent to expansion, and 40 percent to mezzanine. The firm targets companies operating in information technology infrastructure, wireless communications entertainment and contents, franchising, cement, software, electricity, food and beverage, machinery, game software, chemical, paper manufacture, and automobile parts industries. For industries concentration, it sets 40 percent to information technology infrastructure focusing on security, application service provider, and e-commerce solutions; 30 percent to contents, focusing on education, game, and animation; and 30 percent to digital hardware focusing on network and communications equipment, semiconductor, parts and others. The firm also invests in infrastructure, environment, manufacturing, enzyme, biotechnology, and healthcare sectors. It also makes secondary investments. The firm primarily invests in South Korean medium-sized companies located in Seoul, Gyeonggi, Daegu, Gyeongsangbuk-do, and Chungcheongbuk-do. It prefers to take an active role in management. IMM Investment Corp. was founded in July 1999 and is based in Seoul, South Korea.
IC

Ik-jin Cho

Partner

DJ

Dong-woo Jang

Co-CEO and Co-President

IJ

Il-bu Jung

VP and Partner

GL

Gwan-hun Lee

Director

KN

Kwang-guk Nak

Director

MO

Min-gyoo Oh

Principal

73 past transactions

Spoon

Series B in 2019
Spoon operates as a real-time personal audio broadcasting platform. It is designed to share stories, ideas, favorite music, and more. Also, it allows its users to create personal broadcasts and listen to user-generated content. Spoon provides a space where everyone can connect and share their thoughts about everyday, real-life issue with just their voice. Spoon is based in Seoul, South Korea.

Oncorus, Inc.

Series B in 2019
Oncorus, Inc. is a lean early-stage biotechnology company developing a next-generation immunotherapy platform to treat cancer. Oncorus was founded MPM Managing Director Mitch Finer, a well-known biotechnology entrepreneur. Oncorus is a leader in corporate philanthropy, and has taken a pledge to donate a portion of product sales to fund promising cancer research and to support cancer care in the developing world.

Pure Harvest Smart Farms

Venture Round in 2021
Pure Harvest Smart Farms is a regional innovator in sustainable agriculture focused on the production of premium fruits and vegetables in the challenging climates of the Arab Gulf region using world-leading controlled-environment agriculture technologies. Pure Harvest seeks to leverage innovative growing technologies and horticultural best practices in order to pioneer year-round production of affordable, premium quality fresh produce.

Baedal Minjeok

Venture Round in 2014
Baedal Minjeok Seoul-based restaurant delivery app. Baedal Minjeok, made by Korean startup Woowa Brothers, is similar to GrubHub in the US (which Goldman Sachs also owns a stake in) and FoodPanda in Singapore. Almost all of its transactions take place via mobile device. Users simply browse a list of local restaurant menus and pick out what they want on the app, then the Baedal Minjeok team will order, pick it up, and deliver it to their doorstep.

Wemakeprice Inc.

Venture Round in 2019
Wemakeprice Inc. operates social commerce platform. The company offers e-commerce, Internet marketing services, and software development services through its through online shopping site wemakeprice.com. The company was formerly known as Namu Internet Inc. and changed its name to Wemakeprice Inc. in 2013. Wemakeprice Inc. was founded in 2010 and is based in Seoul, South Korea.

GROUND Inc.

Series B in 2019
GROUND provides innovative solutions based on the advanced technologies in the logistics and distribution industry (LogiTech®), aiming to achieve Intelligent Logistics®, its original concept that applies the latest technologies such as AI and robotics.

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.

CODE42.AI

Venture Round in 2020
42dot is a technology company pioneering frictionless transportation services. Central to these efforts is the development of the Urban Mobility Operating System (UMOS) a cloud-based mobility platform that will accelerate the transition to autonomous transportation-as-a-service (aTaaS) with diversified self-driving ground and airborne vehicles. The company was founded in 2019 and is headquartered in Seoul.

WELT

Series B in 2022
From Wristworn to Waistworn: WELT, the Smart Belt for Fashion & Healthcare WELT is a 'Smart Fashion Belt' that manages users’ wellness. We encourage users to embrace healthy habits while keeping in style. We promise to help the wearer better track food intake, keep tabs on the activity level, and manage weight. To do this, WELT keeps check on the overall health by measuring (1)Waist size, (2)Steps, (3)Sitting time, and (4)Overeating habits. To help users avoid metabolic risks factors, custom messages to manage these risks are given through the app via BLE. Also, its elegant design makes it look just like a regular, leather belt. Battery is rechargeable, and can stand up to more than 7 days.
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.

Trenbe

Series B in 2021
Trenbe Inc. sells apparel, bags, shoes, and accessories online for men and women. The company was incorporated in 2016 and is based in Seoul, South Korea.

Kmong Inc.

Series B in 2018
Kmong (크몽) is a Korean online talent market that enables individuals to both sell and buy services. Its categories include design, marketing, document, business, computer, music and video, life services, and handmade. Users can post up their services with a price quote on the appropriate category, which will be seen and picked up by prospective buyers. Its mobile application is available for Android devices. Kmong was established in June 2012 in Gyeongsangnam-do, Korea.

Pinot Bio

Venture Round in 2020
Pinot Bio is a biotechnology company that specializes in developing new generation anticancer treatments.

Swatch On

Series B in 2020
SWATCHON.COM was launched under the motive to provide a variety of unique, high-quality wholesale fabrics at a reasonable price. Their team is composed of young, creative, professional and motivated individuals crazy and passionate about fashion fabric. And they are here to help you find the perfect fabric for your collection. They assure that you will have great experiences with their personalized approach to each and every client.

Retailo Technologies

Debt Financing in 2022
Retailo develops an online B2B marketplace for retail supply chain in the MENAP region. The company was founded in 2020 and is based in Riyadh, Saudi Arabia.

Sunshine

Seed Round in 2015
Sunshine App enables to instantly and easily share, access and stream content across any device - without cloud storage. No uploading, no downloading; simply streaming content device-to-device on the fly.

IYUNO Media Group

Venture Round in 2022
Unsurpassed global localization and media content distribution services with 40 facilities in 30 countries.they accelerate our vision to be a technology leader by providing innovative solutionsto better streamline the growing complexity in meeting client needs,utilizing artificial intelligence-driven machine learning to serve the variation of different quality tiered projects or lead times that clients face.

Pure Harvest Smart Farms

Venture Round in 2022
Pure Harvest Smart Farms is a regional innovator in sustainable agriculture focused on the production of premium fruits and vegetables in the challenging climates of the Arab Gulf region using world-leading controlled-environment agriculture technologies. Pure Harvest seeks to leverage innovative growing technologies and horticultural best practices in order to pioneer year-round production of affordable, premium quality fresh produce.

Zikooin Company

Series A in 2021
Zikooin Company produces and supplies vegetable meat made from discarded grains. The company is based in Seoul, South Korea.

Bucketplace

Series D in 2022
O-House is a home furnishing and interior platform. The company believes that beautiful homes can change peoples' lives for the better. Its mission is to help users decorate homes with fun, ease, and confidence. O-House revolutionizes the home furnishing and remodeling market in Korea with its user-generated style gallery, which helps users discover their preferred styles before purchasing products. On top of the marketplace for home furnishing products, it provides home remodeling services. O-House won the Best App Award by Google Play in 2018, and its app is downloaded by more than 10 million users.

MyRealTrip

Venture Round in 2016
MyRealTrip is leading tours&activities marketplace in South Korea. MyRealTrip is the best free travel platform in Korea where you can book flights, accommodations, tours & tickets, and special offers. Starting with guided tour service in 2012, it has been growing rapidly since it successfully launched air service in 2018. MyRealTrip is constantly striving to provide travelers with a personalized experience and provide them with a more valuable experience.

True Balance

Series B in 2017
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.

Neubility.Inc

Series A in 2022
Neubility.Inc engages in developing robot software. Neubility.Inc provides their software for the process of food or parcel delivery. The company was founded in 2017 and is based in Seoul, South Korea.
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.

GenEdit

Series A in 2021
GenEdit, Inc. focuses on the development of novel, non-viral, nanoparticle-based delivery technology and enabling next generation CRISPR-based gene therapies. The foundation of our CRISPR-Nanoparticle Technology Platform is based on successfully engineering the individual components of the CRISPR system to overcome the limitations of existing delivery vehicles for CRISPR-based therapeutics.

Lithion Recycling

Series A in 2022
Lithion is a Company that allows environmentally responsible and economically viable management of lithium-ion batteries.

ENCINA

Venture Round in 2022
ENCINA provides technology solutions to produce valuable renewable chemicals, predominantly, BTX from waste plastic. These chemicals form the basis from which many major consumer products are produced.

Musinsa Co., Ltd.

Venture Round in 2021
Musinsa Co., Ltd. engages in publishing of online fashion web magazine. It offers subculture brands, national brands, global sports, and casual brand contents. The company owns and operates online platform through which it offers top, one piece, bottom, bags, sneaker, shoes, watch, headwear, sportswear, underwear, eyewear, accessory, cosmetics, and books. It also retails through offline store. The company was founded in 2012 and is based in Seoul, South Korea.

CrowdWorks, Inc.

Series C in 2021
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.

MyRealTrip

Venture Round in 2020
MyRealTrip is leading tours&activities marketplace in South Korea. MyRealTrip is the best free travel platform in Korea where you can book flights, accommodations, tours & tickets, and special offers. Starting with guided tour service in 2012, it has been growing rapidly since it successfully launched air service in 2018. MyRealTrip is constantly striving to provide travelers with a personalized experience and provide them with a more valuable experience.

Moneybrain

Series B in 2021
MoneyBrain Inc., an interactive AI company, researches and develops AI powered technology solutions. It offers AI service, a voice, video, and conversational processing technology solution; Deep learning, a multi-layer neural network learning technology for the field of machine learning research, including voice and video; and Chatbot, a non-face-to-face counseling service that communicates like a human being with human learning ability and language comprehension. The company was founded in 2016 and is based in Seoul, South Korea.

Rebellions.ai

Series A in 2022
AI chip architects are often inattentive to advanced deep learning features and requirements because they believe software stacks between their silicon and algorithms can provide effective abstract layers. We disagree. We do not think such naively designed chips can efficiently utilize expensive custom silicon resources. The more native hardware supports are enabled, the higher performance is achieved. Rebellions Inc is building genuine AI accelerators by bi-directionally bridging the gap between underlying silicon architectures and deep learning algorithms. We push algorithm boundaries to better exploit silicon budgets, while re-architecting AI processors to incorporate sophisticated deep learning features through silicon-dedicated DL kernels. Our goal is to deliver a domain-specific AI processor along with its optimized software. This approach, together with our unique decentralized programming model, will enable customers to arm with the most powerful yet energy-efficient AI hardware as well as seamless integration.

Celleron Therapeutics Ltd

Venture Round in 2017
An innovative oncology healthcare company The future of cancer therapy lies in the ability to match patients to treatments they will respond favourably to. Celleron has developed biomarkers using epigenetic techniques that match drugs to responsive disease. Their portfolio of technologies can be used to develop a new class of mechanism-based cancer drugs. Drugs that will improve the success rates of treatment, reduce the side effects in patients and deliver more cost effective healthcare.

Hugel Control

Post in 2021
HUGEL, Inc. strives to be a global company that continuously creates innovative products, promotes universal health, and improves the quality of life through state-of-the-art technology and creativity.

CrowdWorks, Inc.

Series C in 2021
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.

Orum Therapeutics

Series B in 2021
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.

Moneybrain

Series B in 2021
MoneyBrain Inc., an interactive AI company, researches and develops AI powered technology solutions. It offers AI service, a voice, video, and conversational processing technology solution; Deep learning, a multi-layer neural network learning technology for the field of machine learning research, including voice and video; and Chatbot, a non-face-to-face counseling service that communicates like a human being with human learning ability and language comprehension. The company was founded in 2016 and is based in Seoul, South Korea.

Bluehole

Venture Round in 2014
Krafton is a game developer for PC and mobile devices that focuses on fantasy games.

Orum Therapeutics

Series B in 2019
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.

Bucketplace

Series A in 2018
O-House is a home furnishing and interior platform. The company believes that beautiful homes can change peoples' lives for the better. Its mission is to help users decorate homes with fun, ease, and confidence. O-House revolutionizes the home furnishing and remodeling market in Korea with its user-generated style gallery, which helps users discover their preferred styles before purchasing products. On top of the marketplace for home furnishing products, it provides home remodeling services. O-House won the Best App Award by Google Play in 2018, and its app is downloaded by more than 10 million users.

Rainist

Series C in 2019
Rainist Co., Ltd.,a financial technology company, develops a financial application software called Banksalad which collects and analyzes financial data. It provides recommendations regarding expenditure analysis and personal financial management. Rainist Co., Ltd. was founded 2012 and is based in Seoul, South Korea.

Riiid

Series C in 2019
Riiid develop an AI Tutor platform with our exclusive machine learning technology. It was launched by SANTATOEIC, an AI Tutor service.

H2O Hospitality, Ltd.

Series B in 2020
H2O Hospitality is the largest vacation rental management company in Japan and Korea. H2O manages accommodation facilities without any on-site human resources by automating all the operational flows through the property management system (“PMS”) H2O developed that links and manages calendars between the guests, rooms, and housekeepers. This allows significant decrease in fixed cost of the operational expenses, increasing the yield of the facility.

The Beatpacking Company

Series B in 2015
The Beatpacking Company is the leader of ad-supported music streaming services in South Korea with an application called BEAT.
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.

Bucketplace

Series C in 2020
O-House is a home furnishing and interior platform. The company believes that beautiful homes can change peoples' lives for the better. Its mission is to help users decorate homes with fun, ease, and confidence. O-House revolutionizes the home furnishing and remodeling market in Korea with its user-generated style gallery, which helps users discover their preferred styles before purchasing products. On top of the marketplace for home furnishing products, it provides home remodeling services. O-House won the Best App Award by Google Play in 2018, and its app is downloaded by more than 10 million users.

Woowa Brothers Corp.

Series C in 2014
WOOWA BROS (우아한형제들) is a Korean developer of smartphone applications and advertising platforms. Its service portfolio also includes local marketing and web services solutions and products, such as a sports events app and a food delivery app. WOOWA BROS was established in March 2011 in Seoul, Korea.

United Water

Venture Round in 2020
United Water is a provider of water supply and waste water treatment in China.

Ness Display Corp

Series B in 2001
NESS Display develops and manufactures organic light emitting diode technology for flat panel displays. It serves manufacturers in the consumer electronics industry, including the mobile and personal multimedia devices sector. NESS Display was founded in 2000 and is based in Shenzhen, China with sales offices in Korea and China.

MyRealTrip

Series C in 2017
MyRealTrip is leading tours&activities marketplace in South Korea. MyRealTrip is the best free travel platform in Korea where you can book flights, accommodations, tours & tickets, and special offers. Starting with guided tour service in 2012, it has been growing rapidly since it successfully launched air service in 2018. MyRealTrip is constantly striving to provide travelers with a personalized experience and provide them with a more valuable experience.

Lunit

Series C in 2020
Lunit Inc. develops algorithms for general object detection and medical image analysis that help physicians to make objective diagnosis through machine learning technology. It develops solutions in the areas of digital chest X-ray, digital mammography, digital pathology, and fundus photography. The company is based in Seoul, South Korea.

Bucketplace

Seed Round in 2016
O-House is a home furnishing and interior platform. The company believes that beautiful homes can change peoples' lives for the better. Its mission is to help users decorate homes with fun, ease, and confidence. O-House revolutionizes the home furnishing and remodeling market in Korea with its user-generated style gallery, which helps users discover their preferred styles before purchasing products. On top of the marketplace for home furnishing products, it provides home remodeling services. O-House won the Best App Award by Google Play in 2018, and its app is downloaded by more than 10 million users.

Wemakeprice Inc.

Venture Round in 2015
Wemakeprice Inc. operates social commerce platform. The company offers e-commerce, Internet marketing services, and software development services through its through online shopping site wemakeprice.com. The company was formerly known as Namu Internet Inc. and changed its name to Wemakeprice Inc. in 2013. Wemakeprice Inc. was founded in 2010 and is based in Seoul, South Korea.