IMM Investment

IMM Investment is an independent asset management firm based in Seoul, South Korea, established in 1999. The firm specializes in venture capital, mezzanine financing, and infrastructure investments, primarily targeting small and medium-sized enterprises in the information technology, healthcare, biotechnology, and manufacturing sectors. With a strong foundation of trust from institutional investors, IMM Investment focuses on creating significant value for its portfolio companies through strategic investments and partnerships.

Hyun-Chan Cho

Managing Partner

Jaeyong Cho

Senior Managing Director

Younghwan Chung

Principal, Growth Capital

Jeanrok Han

Managing Director

Chong Kang

Managing Director

Suyoung Kim

Managing Director

Meenjoo Kim

Investment Professional

Minjeong Kim

Venture Capitalist

Hyejin Kim

Managing Director

Jaeyun Koo

Senior Managing Director and Division Head

Jean Lee

Managing Director

Young Lee

Vice President

Da Lee

Director

YoungJoon Lee

Co-CEO and Managing Partner

Aleum Lee

Managing Director

Philip Li

Managing Director

Sungmin Na

Senior Managing Director and Division Head

Jinheum Paek Ph.D

Senior Managing Director

Wonki Yoon

Senior Managing Director and Division Head

Yeojung Moon Ph.D

Senior Managing Director and Division Head

Byeonggyu Kim Ph.D

Managing Director

Jiyun Jung Ph.D

Managing Director

343 past transactions

Cellid

Series C in 2025
Cellid specializes in hardware and software solutions for augmented reality applications, focusing on the development of display modules and spatial recognition software. The company's product offerings include waveguides and micro projectors, as well as advanced spatial recognition engines that facilitate the identification of data linked to human movement and environmental interactions. By leveraging optical simulation capabilities, Cellid enhances the functionality of AR glasses, allowing users to experience a seamless integration of digital information with their surroundings. The company provides multiple communication channels for customer inquiries, including mail, phone, and a physical address.

HYBE IM

Venture Round in 2025
HYBE INTERACTIVE MEDIA (HYBE IM) is broadening the scope of HYBE's entertainment offerings by creating games and publishing them for people all over the world. HYBE IM creates numerous contents and services by combining cutting-edge interactive media technology with music, artists, and entertainment components, resulting in new viewpoints and experiences.

Shadowfax

Venture Round in 2025
Shadowfax operates an on-demand logistics network that provides technology-driven delivery solutions for various sectors, including food, pharmacy, e-commerce, and retail. The platform allows businesses to outsource their last-mile delivery services, enabling them to concentrate on their core operations. By leveraging advanced technology, Shadowfax aims to enhance customer satisfaction through faster and more reliable delivery experiences. The company's services cater to a wide range of merchants, including restaurants, FMCG providers, and both online and offline retailers, establishing itself as a trustworthy delivery platform in the logistics industry.

Doers

Series A in 2025
Doers is an influencer commerce platform that offers several services for connecting influencers and companies.

Ride

Series A in 2025
RideNow: An app-based platform for test drives and vehicle purchases. RideCare: App-based B2B and B2C vehicle care services. RideContents: Educational services for automotive brands, aimed at enhancing the quality of manufacturers and importers. RideOn: After-sales management services for electric vehicle chargers.

Healing Paper

Series C in 2025
Healing Paper operates a platform focused on enhancing access to cosmetic surgery services while promoting transparency and affordability. The company utilizes information and communication technology to provide patients with estimates for necessary procedures, honest reviews, and special pricing options. In addition to connecting patients with cosmetic treatment options, Healing Paper fosters a real-time community for sharing experiences and offers management tools for post-surgery care. By balancing information between medical professionals and patients, Healing Paper aims to improve the quality of cosmetic beauty services and make them more accessible.

Gangnam Unni

Series C in 2025
Gangnam Unni is in the field of beauty medical services, helping users choose a treatment and a plastic surgery hospital. The difficulty of navigating the process of seeking medical treatment and choosing a hospital continues to persist. Kangnam Unni recognizes the need for change and firmly believes that a combination of transparent medical information and an IT platform can foster a consumer-oriented medical service market. Their ultimate goal is to challenge negative perceptions surrounding plastic surgery and spearhead a significant transformation in the beauty and medical service industries. The Gangnam Unni team is dedicated to innovation, fueled by an unwavering desire to provide exceptional beauty and medical services. With the aim of assisting individuals in selecting a suitable hospital, they have amassed an impressive database of one million user reviews. Additionally, their efforts to promote transparency in medical information have garnered the support of 3,000 subscribers through Gangnam Sister. Furthermore, their mobile application has facilitated hospital consultations for a staggering 3.8 million individuals, resulting in 1.6 million successful cases. As the team continuously clarifies its mission and forges ahead with determination, its collective strength and resolve only grow stronger. Kangnam Unni remains committed to revolutionizing the healthcare industry, ensuring that individuals receive the highest quality of care and a positive experience throughout their medical journeys.

Underdogs

Venture Round in 2025
Underdogs is a company specializing in social innovation entrepreneurship education.

WerksOut

Series A in 2024
WerksOut is an online fashion brand store.

CLO Virtual Fashion

Series C in 2024
CLO Virtual Fashion Inc. specializes in three-dimensional visualization technologies tailored for the fashion industry. Founded in 2009 and headquartered in Seoul, South Korea, with an additional office in Munich, Germany, the company offers CLO3D, a software solution that enables realistic garment simulation, as well as CLO innovation, an enterprise tool that enhances interdepartmental processes through 3D technology. Its services cater to a diverse clientele, including licensed sportswear companies and luxury leather goods brands globally. The firm aims to revolutionize fashion communication by providing virtual garment solutions that facilitate collaboration across teams involved in the digital product lifecycle. In addition to CLO3D, the company's product lineup includes Marvelous Designer for character artists, Benefit by CLO for virtual fitting, CLO-SET for garment communication and archiving, and Marvelous SDK, a real-time draping engine for gaming. CLO Virtual Fashion envisions its technology as a comprehensive platform for garment creation and data analysis, aspiring to virtualize every garment in existence.

SUGAR Cosmetics

Secondary Market in 2024
SUGAR Cosmetics is a Mumbai-based manufacturer and retailer of color cosmetics, founded in 2012. The company offers a diverse array of premium makeup products, including lipsticks, eyeliners, foundations, face palettes, blushes, bronzers, highlighters, primers, translucent powders, cleansing water, compact powders, nail lacquers, and cosmetics gift sets. Known for its cruelty-free stance, SUGAR has garnered a loyal following among millennials and bold, independent women, distinguishing itself with unique packaging and high-quality offerings. The brand's products are crafted in advanced facilities across Germany, Italy, India, the USA, and Korea, and are available through both retail stores and online channels, making it one of the fastest-growing beauty brands in India.

Mediwhale

Series A in 2024
Mediwhale is a health diagnostics company that focuses on leveraging artificial intelligence to enhance the prevention of cardiovascular and kidney diseases. It operates a unique AI screening platform that assesses metabolic risks and diagnoses eye diseases through non-invasive retinal scans. The platform comprises several components, including RetiCVD for cardiovascular disease risk assessment, which utilizes coronary artery calcium scores to predict risks based on established guidelines. RetiCKD offers a chronic kidney disease risk assessment with improved predictive capabilities compared to traditional methods. Additionally, RetiEYE identifies common age-related eye diseases like diabetic retinopathy and glaucoma at their referable stages. Mediwhale's retinal-based systemic biomarkers have been clinically validated and are recognized in the medical community, supported by publications in reputable journals. Through its innovative approach, Mediwhale aims to establish a sustainable healthcare model that emphasizes early detection and intervention.

HYBE IM

Series A in 2024
HYBE INTERACTIVE MEDIA (HYBE IM) is broadening the scope of HYBE's entertainment offerings by creating games and publishing them for people all over the world. HYBE IM creates numerous contents and services by combining cutting-edge interactive media technology with music, artists, and entertainment components, resulting in new viewpoints and experiences.

WELT

Series C in 2024
WELT is a company that focuses on health and wellness through innovative wearable technology, specifically a smart belt that combines fashion with functionality. This device monitors key health metrics, including waist size, steps taken, sitting time, and eating habits, to help users adopt healthier lifestyles. By leveraging Bluetooth technology, the belt connects to an app that provides personalized insights and alerts, assisting users in managing their health and avoiding metabolic risks. The smart belt is designed to resemble a traditional leather belt, ensuring that it remains stylish while serving its health-related purposes. Its rechargeable battery lasts over seven days, making it a practical choice for everyday wear.

Trenbe

Series E in 2024
Trenbe Inc. is an e-commerce company based in Seoul, South Korea, specializing in the online sale of apparel, bags, shoes, and accessories for both men and women. Established in 2016, Trenbe has positioned itself in the footwear market while also offering a diverse range of fashion items. The company focuses on providing a convenient shopping experience for consumers through its online platform.

XCENA(formerly MetisX)

Series A in 2024
XCENA is a startup firm that develops intelligent memory and memory-centric computing architectures based on CXL.

Dalpha

Series A in 2024
Dalpha specializes in creating customized artificial intelligence solutions for businesses. By leveraging its advanced AI technology, Dalpha helps enterprises enhance their revenue and reduce costs by addressing unique challenges. The company prioritizes data security and ownership, employing a secure cloud environment and differential privacy technology to protect sensitive information. This approach allows clients to access fast and accurate insights while maintaining the integrity of their data.

Renewance

Series A in 2024
Renewance, Inc. specializes in battery lifecycle management through its software-as-a-service platform, Renewance Connect. This platform assists clients dealing with defective or end-of-life batteries by enabling them to compare, select, and contract with battery recyclers efficiently. The company's offerings include a comprehensive recycling solution that encompasses a partner network responsible for packaging, transportation, recycling, and adherence to regulatory requirements. Additionally, Renewance provides lifecycle services such as asset retirement obligation forecasting and regulatory compliance management. Targeting the battery energy storage and electric vehicle sectors, Renewance aims to facilitate a transition to more sustainable energy practices. Founded in 2015 and headquartered in Schaumburg, Illinois, the company combines technology with consultancy and project management to effectively address end-of-life liabilities associated with industrial batteries.

EV Motors Japan

Series D in 2024
EV Motors Japan specializes in the development and sale of autonomous electric vehicles and related services within the automotive industry. The company focuses on creating a range of electric vehicles, including buses, trucks, trikes, and specialized vehicles, all designed to provide a comfortable and environmentally friendly driving experience. In addition to manufacturing vehicles, EV Motors Japan also develops charging stations, emphasizing the use of storage batteries, flexible solar panels, and reusable batteries. This approach enables both clients and individuals to access sustainable transportation solutions that align with modern eco-friendly standards.

Sionic AI

Seed Round in 2024
Sionic AI is an information technology company that offers customized artificial intelligence platform services for business enterprises. It allows companies to design, manage, and utilize tailored AI services for business development and management.

Easytem

Venture Round in 2024
Easytem is a manufacturing company that designs and develops medical devices to enhance skin and health in users.

Caring

Series B in 2024
Caring is a visiting medical treatment facility that offers medical consultation.

HeyDealer

Venture Round in 2024
HeyDealer is a price comparison platform for used cars.

Kai Health

Seed Round in 2024
Kai Health is a developer of an artificial intelligence-based platform aimed at enhancing fertility treatments. The company focuses on increasing the likelihood of pregnancy by providing personalized treatment options and utilizing advanced AI for embryo analysis. This technology assists fertility clinics in making informed decisions tailored to each patient's unique needs throughout the treatment process. By leveraging artificial intelligence, Kai Health strives to improve the overall effectiveness of fertility treatments and support clinicians in delivering optimal care.

MyRealTrip

Series F in 2024
Founded in 2012, MyRealTrip is Korea’s leading online travel platform, helping Koreans to travel abroad and domestic.

​Orange Square

Series B in 2024
​Orange Square is a fintech platform that offers prepaid cards and mobile wallets for travelers.

OKESTRO

Series B in 2023
Okestro offers cloud and AIOps software solutions through its integrated management platform, which is designed to enhance multi-hybrid cloud operations. The platform focuses on optimizing IT functions by utilizing data collection and analysis, artificial intelligence for learning and predictions, and techniques for cloud optimization and anomaly detection. This enables a variety of clients, including cloud service providers, managed service providers, and public-private partnerships, to improve their operational efficiency and effectively manage their cloud environments.

Olive International

Series B in 2023
Olive International is a company focused on developing and growing lifestyle brands, particularly in the beauty and household goods sectors. It aims to create a diverse portfolio of brands that cater to various consumer needs globally. By targeting these fragmented market segments, Olive International enables clients to access affordable beauty products. The company’s strategy revolves around identifying and addressing specific consumer demands, thereby enhancing its brand presence in the market.

MUSINSA

Series C in 2023
MUSINSA is a fashion business company that offers personalized curation and storytelling for various brands and products. Its platform helps brands and consumers' lifestyles by designing, creating, enjoying, and interacting with fashion. It also delivers fashion trends and information to help customers engage and interact.

Medipixel

Series B in 2023
Medipixel, Inc., founded in 2017 and based in Seoul, South Korea, specializes in developing artificial intelligence-based diagnostic software and semi-autonomous surgical tools for lung cancer and cardiac disease interventions. The company employs a team of experts in computer vision, deep learning, and reinforcement learning, collaborating with leading healthcare institutions to enhance diagnostic and surgical processes. Medipixel offers several innovative solutions, including an AI-based diagnosis tool that assists doctors in identifying lesions during coronary angiography, a guide and planning solution that visualizes hidden coronary artery segments to facilitate guidewire manipulation, and an automated navigation engine that optimizes robotic control for surgical procedures. By integrating advanced AI technologies, Medipixel aims to improve the quality of medical care and patient outcomes in the field of surgery.

EnergyX

Series B in 2023
EnergyX is a clean technology company founded in 2018 and based in Fort Lauderdale, Florida. It specializes in optimizing the lithium extraction process to support the transition to sustainable energy. The company develops innovative technologies for lithium extraction and solid-state batteries, addressing all facets of the battery supply chain. By focusing on brine lithium extraction and refinement, EnergyX aims to enhance the efficiency and safety of lithium production, ultimately reducing costs for its clients. Through its advancements in solid-state battery technology, EnergyX contributes to the broader adoption of renewable energy solutions.

CELLemedy

Series A in 2023
Cellemedy is a biotechnology company focused on developing advanced therapeutic proteins as alternatives to conventional antibody treatments. Utilizing a proprietary platform, Cellemedy enhances antigen-binding capabilities, allowing for broader applicability in various medical conditions. The company is dedicated to advancing human health by creating innovative biopharmaceuticals, particularly in the field of cancer immunotherapy. Through its research and development efforts, Cellemedy aims to provide effective cancer cell-related therapeutics and immuno-oncology drugs, helping healthcare professionals improve outcomes for patients battling cancer.

Mardi Mercredi

Series A in 2023
Mardi Mercredi is a clothing store that specializes in providing easy-to-wear everyday apparel for women, men, and children. The product range includes jackets, jeans, tops, shirts, and various accessories, all designed to meet the diverse needs of customers. The company focuses on offering French-inspired fashionable and designer clothing, ensuring that shoppers have access to stylish options that suit their preferences.

CryptoQuant

Series A in 2023
CryptoQuant is a prominent cryptocurrency data and analytics platform focused on enhancing digital asset investing through data-driven insights. The company specializes in collecting and analyzing on-chain data from major blockchain networks, allowing it to deliver valuable market insights. By monitoring key metrics such as transaction volumes, wallet balances, and network activity, CryptoQuant provides clients with a comprehensive understanding of market dynamics and investor behavior. Its tools enable users to identify investment opportunities, manage risks, and refine their investment strategies. Clients can access market and on-chain data through various formats, including APIs and integration with tools like Python, R, and Excel, facilitating a more efficient data-driven investing process. With visually engaging charts and statistical analyses, CryptoQuant simplifies the interpretation of complex data, empowering investors to make informed decisions in the rapidly evolving cryptocurrency market.

Team Blackbird

Series A in 2023
Team Blackbird created CryptoQuant, an on-chain data analysis software. It offers in-depth blockchain data research and insights to institutional clientele. It assists institutional clients in making more accurate judgments by evaluating blockchain transaction data, money flows, and market behavior, as well as providing risk management and monitoring tools.

PlanTFarm

Series B in 2023
PlanTFarm is a smart farm integrated solution company that produces and supplies vegetables.

MangoBoost

Series A in 2023
MangoBoost specializes in advanced system solutions aimed at enhancing AI data center efficiency. The company's flagship product, the MangoBoost DPU, is designed to optimize AI infrastructure by ensuring compatibility with various GPUs, accelerators, and storage products. This solution effectively utilizes legacy infrastructure while providing a user-friendly network system. Founded in 2022, MangoBoost leverages a decade of prior research recognized at leading conferences, and its team comprises over 80 professionals, including system architects, software engineers, and FPGA/SoC engineers, many of whom possess PhDs from prestigious institutions and significant experience in the tech industry. The company has raised over 60 million dollars in funding and is actively expanding its operations in the United States, Canada, and South Korea.

PinotBio

Venture Round in 2023
PinotBio, Inc., based in Suwon, South Korea, is a biotechnology company focused on researching and developing small molecule drugs in the fields of ophthalmology and oncology. The company is engaged in pre-clinical trials for NTX-101, a treatment designed for glaucoma, as well as other technologies targeting anticancer therapies through epigenetics. PinotBio aims to create innovative treatments that assist in managing refractory and relapsed cancers, enhancing the ability of healthcare providers to treat patients with life-threatening conditions. Founded in 2017, the company is dedicated to addressing unmet medical needs in these critical areas.

Munto

Series A in 2023
Munto is a community platform designed to facilitate connections among individuals both online and offline based on shared interests. The platform offers a variety of community types, including one-time hangouts for making new friends and online groups for maintaining long-term relationships with like-minded individuals. Additionally, Munto features a personalized news feed that curates content related to users' interests, enhancing the overall experience of connecting with others who share similar tastes. Through these offerings, Munto aims to create meaningful interactions and foster a sense of community among its users.

Nextin

Venture Round in 2023
Nextin, Inc. is a South Korean company that focuses on manufacturing defect inspection and metrology systems tailored for the semiconductor and display industries. Founded in 2010 and headquartered in Hwaseong-si, the company specializes in advanced technology for defect detection. Its product lineup includes the AEGIS wafer inspection systems, which identify various defects such as bridges, thinning, protrusion, footing, scratches, and particles during semiconductor manufacturing processes. Additionally, Nextin offers the IRIS wafer metrology-inspection system, designed to measure vertical structures and detect pattern defects in advanced 3D semiconductor devices and TSV processing. The TWINS integration module is also part of their offerings, enabling measurement and inspection of edge trimming processes.

Big Ocean E&M

Series B in 2023
Big Ocean E&M is an entertainment media company that offers drama, film, and music production services.

D'strict

Seed Round in 2023
D'strict is a design agency that specializes in creating innovative spatial experiences through the integration of content and digital media technology. The company offers a range of services, including customized content development tailored to specific client needs and art services utilizing self-produced content. D'strict employs a comprehensive understanding of digital media technology to produce visually creative content, combining elements of content planning, graphic design, motion design, system design, and software development. This collaborative approach allows D'strict to deliver cohesive and engaging experiences that effectively fuse content with technology, catering to various commercial requirements.

N.Light

Series A in 2023
N.Light is a Metaverse 3D design software that allows individuals to effortlessly turn their ideas into reality.

NHN Cloud

Venture Round in 2023
NHN Cloud operates a cloud-based platform that offers integrated services aimed at enhancing business performance. The company provides a range of cloud computing services, including network interface solutions, database management, storage optimization, and both hybrid and private cloud options. Additionally, NHN Cloud specializes in content delivery and artificial intelligence services, enabling businesses to develop their operations and manage data effectively on a larger scale.

XCENA(formerly MetisX)

Seed Round in 2023
XCENA is a startup firm that develops intelligent memory and memory-centric computing architectures based on CXL.

Medb Korea

Seed Round in 2023
Medb Korea is a medical consumer, hospital, and pharmacy-focused online medical care and prescription drug delivery platform.. Medb Korea is located in Gangnam-gu, Seoul.

Immunique

Venture Round in 2023
Immunique is a research and development company focused on creating innovative solutions for intractable diseases, including autoimmune disorders and cancer. The company specializes in developing cell-based therapeutics that utilize pure cells instead of peripheral blood or bone marrow cells. This approach allows healthcare professionals to enhance the effectiveness of cord blood in treating a range of diseases. By concentrating on these advanced therapeutics, Immunique aims to provide new treatment options for conditions that are currently deemed incurable.

Coagulant Therapeutics

Venture Round in 2023
Coagulant Therapeutics is a California-based company focused on developing medical solutions for acute bleeding and blunt trauma. The company specializes in therapeutic drugs aimed at preventing and treating hemorrhaging, leveraging expertise in biologics and the coagulation cascade. Its flagship product, an optimized proprietary rFVIIa molecule known as CT-001, is designed to address acute bleeding and related coagulation disorders. By advancing pharmaceutical innovations in this field, Coagulant Therapeutics aims to empower healthcare professionals to more effectively manage traumatic injuries, ultimately saving lives, particularly among younger populations.

Quantum Universe

Venture Round in 2023
Quantum Universe specializes in digital services that leverage augmented reality (AR), virtual reality (VR), and extended reality (XR) to deliver innovative creative solutions. The company focuses on developing new virtual experiences by integrating creative imagination with advanced technology and video production. By offering these XR and VR-related services, Quantum Universe aims to help clients enhance brand awareness, particularly through social media marketing.

CNAI

Venture Round in 2023
CNAI provides customer experience management services that are based on IT consulting and cutting-edge technology. The companyconstantly conducting research and development activities to provide service satisfaction and customer business insights by providing smooth and uninterrupted services such as cloud contact center service, CRM solution, AI-based solution, and remote work system in order to facilitate communication with customers.

Iyuno-SDI

Series C in 2022
Iyuno-SDI Group is the media and entertainment industry service provider.

Trenbe

Series D in 2022
Trenbe Inc. is an e-commerce company based in Seoul, South Korea, specializing in the online sale of apparel, bags, shoes, and accessories for both men and women. Established in 2016, Trenbe has positioned itself in the footwear market while also offering a diverse range of fashion items. The company focuses on providing a convenient shopping experience for consumers through its online platform.

OKESTRO

Series A in 2022
Okestro offers cloud and AIOps software solutions through its integrated management platform, which is designed to enhance multi-hybrid cloud operations. The platform focuses on optimizing IT functions by utilizing data collection and analysis, artificial intelligence for learning and predictions, and techniques for cloud optimization and anomaly detection. This enables a variety of clients, including cloud service providers, managed service providers, and public-private partnerships, to improve their operational efficiency and effectively manage their cloud environments.

Shift Up

Venture Round in 2022
Shiftup is a game design and development studio founded in 2013 by art director Kim Hyeong-tae. The company specializes in various aspects of game production and also engages in the creation of promotional videos and music. With a focus on illustration, planning, and programming, Shiftup aims to deliver high-quality gaming experiences and related media content.

Pure Harvest Smart Farms

Venture Round in 2022
Pure Harvest Smart Farms is a Dubai-based company specializing in the production and sale of organic tomatoes and other premium fruits and vegetables. It operates in the challenging climates of the Arab Gulf region by utilizing advanced controlled-environment agriculture technologies. The company focuses on sustainable agricultural practices to ensure year-round availability of fresh produce while maintaining high quality at affordable prices. Pure Harvest employs a proprietary semi-closed climate-controlled growing system that optimizes temperature and moisture, supporting the growth of its crops in modern glasshouses. The firm aims to meet the increasing demand for healthy food options in the region through innovative cultivation methods.

LumanLab

Seed Round in 2022
LumanLab specializes in the development of digital therapeutics aimed at addressing developmental delay issues. The company offers a digital healthcare platform that utilizes big data and artificial intelligence to assess patient development. This innovative approach allows for the provision of personalized treatment plans, ensuring that patients receive timely and appropriate care tailored to their specific symptoms. By leveraging advanced technology, LumanLab seeks to enhance the effectiveness of interventions for those facing developmental challenges.

ZigBang

Venture Round in 2022
ZigBang Co., Ltd. is a property listing platform and application based in Seoul, South Korea, which connects real estate agents with renters. Founded in 2010, the company operates a real estate marketplace that facilitates apartment hunting through its mobile and web platforms. Users can search for rental properties based on various criteria, including the number of rooms, occupants, and price. ZigBang has reported a user base of approximately 6 million, providing a comprehensive tool for individuals seeking rental accommodations while aiming to optimize their search and potentially reduce housing costs.

My Franchise

Series B in 2022
My Franchise is a company founded in 2019 in Seoul, South Korea, that addresses the information gap between franchise headquarters and potential founders. It operates an online platform that facilitates connections between these two parties, optimizing their partnership potential. The platform offers valuable insights for prospective founders, including data on the number of franchisees by year, average sales figures, and start-up costs associated with domestic franchise brands. This allows users to effectively compare and analyze important brand information across various industries, enabling informed decision-making for franchise investments.

Uppthera

Series B in 2022
Operator of a pharmaceutical venture company aiming to develop new drugs based on protac technology. The company provides a protein degradation platform employing a ubiquitin-proteasome system in the body, enabling patients to recover from metabolic disease and several cancers including hematologic malignancy and others.

Westworld

Series A in 2022
Westworld is a visual effects company that provides a range of services including visual effects, virtual production, and previsualization for the film industry. The company focuses on integrating creativity with advanced technology to develop inspiring visual effects. Its expertise encompasses concept design, pre-production planning, and tech-visualization using innovative ICVFX technology. Westworld assists movie production houses and other clients in incorporating virtual effects and digital simulations, enhancing the overall quality and experience of films.

OHouse

Series D in 2022
OHouse is a all-in-one lifestyle platform that integrates content, community, and commerce. 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. OHouse revolutionizes the lifestyle(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. As the leading innovators of the home furnishing industry, Ohouse aims to become an lifestyle super application that provides the best customer experience. Ohouse won the Best App Award by Google Play in 2018, and its app is downloaded by more than 20 million users.

Neubility

Series A in 2022
Neubility is a company focused on transforming the delivery industry through the use of self-driving delivery robots. Founded in 2017 and headquartered in Seoul, the company utilizes advanced vision-based localization and path-planning technologies to operate autonomous delivery robots. This innovation aims to address the challenges of last-mile delivery, particularly in densely populated urban areas, by providing a reliable and cost-effective solution for businesses and consumers alike. Neubility's robots perform deliveries without human intervention, thereby redefining urban logistics and enhancing the efficiency of parcel delivery services.

CN AI

Seed Round in 2022
CN AI provides consulting services using AI.

Spark Biopharma

Series C in 2022
SPARK BioPharma Co., Ltd. was established in Seoul National University in January 2016 based on the unique drug molecule diversity technology, the image-based screening technology using the unique fluorescent skeleton probe, and the target protein identification technology in the initial drug development stage. We are currently exploring and developing new drug candidates using these three core technologies, and we will continue to accelerate the development of new drugs and increase the success rate through strategic cooperation research with domestic and overseas research institutes and pharmaceutical institutions. '

Dunamu

Venture Round in 2022
Dunamu Inc. is a South Korean company founded in 2012 that specializes in blockchain and securities services. It operates UPbit, a prominent global cryptocurrency exchange, as well as Stockplus, a securities information and trading platform, and U-Stockplus, an over-the-counter platform for private company trading. Additionally, Dunamu offers Luniverse, a blockchain-as-a-service solution, and Onboard, an equity management platform designed for private companies to manage shareholder equity electronically. The company's services are accessible through a mobile application, which provides users with real-time cryptocurrency prices and analytics, ensuring a secure and user-friendly trading experience across various markets.

Living Workshop

Series A in 2022
Living Workshop sells pet supplies, kitchen utensils, hygiene, and cleaning products.

Encina

Venture Round in 2022
Encina specializes in waste management technology aimed at producing renewable chemicals from end-of-life plastics. By employing an integrated single-stage catalytic conversion process, the company transforms waste plastics into valuable circular chemicals, including benzene, toluene, and xylenes (BTX). These chemicals serve as essential building blocks for a wide range of consumer products while reducing reliance on fossil feedstocks. Encina's innovative approach not only addresses the challenges of plastic waste, promoting its reuse in various industries such as packaging, pharmaceuticals, and construction, but also supports global manufacturing customers in achieving their renewable content goals. Through its technology, Encina contributes to a more sustainable circular economy.

NearthLab

Series C in 2022
Nearthlab, Inc. is a technology-focused start-up based in Seoul, South Korea, specializing in the development of autonomous drone systems primarily for the wind and renewable energy sectors. Founded by graduates of KAIST, the company leverages proprietary deep-learning algorithms to enhance safety inspections. Its flagship products include NearthWIND Pro, an autonomous drone designed for wind turbine inspections that can detect cracks and damages using AI, Zoomable, a cloud-based platform for managing and analyzing inspection data, and NearthWIND Mobile, a mobile solution for autonomous flight control. Nearthlab's AI technology allows for efficient autonomous flight in low-computing power and low-latency conditions, significantly reducing inspection times from hours to minutes. The company is supported by prominent venture capital firms in Korea, positioning it as a leader in drone technology for inspection purposes.

Trioar

Seed Round in 2022
Trioar is a biotechnological research company focused on developing innovative pharmaceutical products and drugs. The company specializes in creating drugs that enhance the effectiveness of antibody therapeutics and antibody-drug conjugates. Trioar's products are designed to detect cancer lesions, ensuring that medications are absorbed efficiently and specifically target cancer cells. This approach aims to promote rapid cancer cell death, thereby enabling healthcare providers to offer more effective treatment solutions for patients.

BIORCHESTRA

Series C in 2022
BIORCHESTRA is a biotech company that develops RNA-based therapeutics for treating neuroinflammatory diseases. They focus on changing the therapeutic paradigm from treating the symptoms to providing a fundamental cure for diseases. BIORCHESTRA develops neuroinflammatory disease therapeutics, with a particular emphasis on comprehensive patient care. BIORCHESTRA's complementary discovery platforms range from diagnosis to treatment monitoring.

Acon3D

Series A in 2022
Carpenstreet provides ACON and ABLER to reduce production time for digital content creators. ACON is an e-commerce platform that connects 2D/3D asset sellers and content creating buyers. ABLER is a software that helps content creators easily edit and utilize 3D assets to make creative scenes efficiently.

Shopl & Company

Series A in 2022
Shopl & Company is a SaaS-based software provider focused on enhancing retail management through innovative tools that address employee attendance, performance monitoring, and data collection. Established in 2020, Shopl connects field team employees with back-office personnel, facilitating real-time communication and operational efficiency. The platform offers features such as sales target management, point-of-sale data collection, and inventory status updates, which help clients streamline operations and reduce costs. With a user base of 10,000, Shopl generates revenue by servicing global manufacturing companies, ultimately improving employee engagement and overall business performance in the retail sector.

Retailo

Debt Financing in 2022
Retailo is an online B2B marketplace focused on digitizing the retail supply chain in the MENAP region. Founded in July 2020 by former Careem executives, the company is headquartered in Riyadh, Saudi Arabia. Retailo has rapidly emerged as a leading startup, serving over 35,000 active retailers who can access more than 2,000 stock-keeping units (SKUs) through its app, with deliveries made within 24 hours of order placement. The company operates multiple warehouses across various cities in the MENAP region, managing a vast inventory from hundreds of brands, including direct partners. With a workforce of over 500 employees, Retailo processes tens of thousands of orders each month. Its mission is to simplify retail operations and enhance supply chain accessibility, aiming to unlock the earning potential of 10 million small and medium-sized enterprise retailers across the region and contribute to the overall economic growth.

Iyuno-SDI

Venture Round in 2022
Iyuno-SDI Group is the media and entertainment industry service provider.

Hutom

Series B in 2022
Hutom operates a surgical service platform designed to enhance surgical practices through innovative digital solutions. Its platform focuses on improving diagnosis and managing patient complications by utilizing robotics and laparoscopic surgery techniques. It offers an interactive report that aids surgeons in refining their methods. The process begins with an intuitive, analytical diagnosis tailored to the patient's needs, followed by a simulated examination of the surgical procedure. This includes advanced surgical video processing, recognition, analysis, and prediction, along with the provision of 3D anatomical images and AI-driven surgical analysis reports. By integrating these technologies, Hutom enables medical professionals to address complications more effectively and improve patient outcomes.

WELT

Series B in 2022
WELT is a company that focuses on health and wellness through innovative wearable technology, specifically a smart belt that combines fashion with functionality. This device monitors key health metrics, including waist size, steps taken, sitting time, and eating habits, to help users adopt healthier lifestyles. By leveraging Bluetooth technology, the belt connects to an app that provides personalized insights and alerts, assisting users in managing their health and avoiding metabolic risks. The smart belt is designed to resemble a traditional leather belt, ensuring that it remains stylish while serving its health-related purposes. Its rechargeable battery lasts over seven days, making it a practical choice for everyday wear.

Inventera Pharmaceuticals

Venture Round in 2022
Inventera Pharmaceutical is a biotechnology company that specializes in the development of imaging diagnostic contrast agents.

Esol

Venture Round in 2022
Esol specializes in providing advanced solutions for extreme ultraviolet (EUV) lithography, focusing on innovative and cost-effective technologies. The company has developed a EUV mask phase measurement system that aims to enhance the efficiency and effectiveness of the EUV lithography process. By offering disruptive solutions, Esol supports the EUV industry in achieving its objectives, thereby contributing to advancements in semiconductor manufacturing and related fields.

P Nation

Venture Round in 2022
P Nation is an online audition platform designed to provide talented artists with opportunities to enter the media industry. The company facilitates a space where promising artists can showcase their abilities in various disciplines, including vocal performance, dance, rap, acting, and music production. By enabling artists to record their performances and participate in online auditions, P Nation aims to increase their visibility and connect them with potential career opportunities in the competitive entertainment landscape.

Yeoshin

Series B in 2021
Yeoshin is a skin treatment information platform.

ALUX

Series C in 2021
ALUX Co., Ltd is a South Korean company that specializes in publishing and providing educational content, particularly in the fields of coding and robotics. Established in 2015 and based in Seoul, ALUX offers a diverse range of products, including textbooks, teaching materials, and various themed educational kits that incorporate sensor boards and coding-related publications. The company's platform features an online coding tool designed for children, facilitating a fun and engaging way to learn the fundamentals of coding and robotics. Additionally, ALUX sells merchandise such as gel pens and bags. By focusing on accessible and interactive learning resources, ALUX aims to equip children and technology enthusiasts with the skills needed for the future.

Swit

Series A in 2021
Swit is a developer of team collaboration software that integrates communication and task management into a single platform. By combining these features, Swit eliminates the need for multiple applications and plugins, streamlining workflows for users. This comprehensive solution aims to foster a collaborative culture within organizations, enhancing business processes and enabling teams to work more productively. With a focus on efficiency, Swit's software supports improved communication and effective task management, allowing companies to optimize their operations.

Path

Seed Round in 2021
Path provides an AI platform for managing study habits. The startup employs deep learning-based to give non-face-to-face real-time academy lectures for middle and high schools, with the goal of changing the digital education platform.

B Garage

Seed Round in 2021
B Garage is an autonomous drone company based in the United States, specializing in safety self-driving modules for drones used in warehouse inventory management. The company pays homage to Willow Garage, a prominent robotics research organization known for its open-source robotics software platform. B Garage's innovative technology employs collision prevention and evasion systems utilizing low-cost sensors and deep learning, alongside computer vision to enhance visibility into warehouse inventories. This approach allows clients to manage their inventories more efficiently and at a lower cost compared to traditional alternatives.

Kukka

Series B in 2021
Kukka, Inc. is a South Korean company that specializes in flower sales for various settings, including office spaces, showrooms, and events. Established in 2014 and based in Seoul, Kukka offers a range of services, such as flower subscription, bouquet delivery, same-day delivery, and custom floral design. The company aims to promote the enjoyment of flowers in everyday life, reflecting Finnish cultural values. In addition to individual customer services, Kukka also provides corporate flower solutions and floral decoration for events. Customers can conveniently order fresh flowers online, and the company further engages with its clientele through flower art classes and related accessories.

Lunit

Venture Round in 2021
Lunit Inc. is a medical AI software company based in Seoul, South Korea, specializing in advanced algorithms for medical image analysis and general object detection. The company focuses on developing solutions that aid physicians in making objective diagnoses through machine learning technology. Lunit's expertise encompasses various medical imaging fields, including digital chest X-ray, digital mammography, digital pathology, and fundus photography. The company's products include Lunit INSIGHT CXR for chest X-rays, Lunit INSIGHT MMG for mammography, and Lunit SCOPE, which provides AI-powered biomarkers for immuno-oncology. Lunit aims to enhance clinical decision-making by leveraging data-driven imaging biomarker technology, ultimately improving the accuracy and efficiency of cancer care. The effectiveness of Lunit's deep learning technology has been validated through its recognition in major image recognition competitions, showcasing its capacity to process complex medical imaging data.

Teoul

Seed Round in 2021
Teoul is a digital healthcare management company focused on enhancing medication guidance for pharmacists. The company offers medication guides tailored for A4 and A5 formats, as well as medical boxes to facilitate better organization. Teoul has also developed a medical wholesale management platform and an outpatient prescription information system that leverages artificial intelligence to provide real-time access to extensive medical data. This enables healthcare organizations to efficiently gather and manage all relevant medical information and requirements, ultimately aiming to streamline healthcare processes and improve professional standards in medication management.

OKXE

Series A in 2021
Okxe is an online marketplace designed to facilitate the buying and selling of motorcycles. The platform connects motorcycle sellers and buyers, utilizing artificial intelligence and big data to enhance the shopping experience. It features a diverse selection of verified motorcycles from various brands and stores, ensuring a safe and efficient environment for customers. By providing an open market, Okxe aims to streamline the e-commerce process for motorcycle enthusiasts, allowing them to explore different options and make informed purchasing decisions.

Amondz

Series B in 2021
Amondz is a jewelry e-commerce platform designed to enhance the domestic jewelry market by connecting buyers and sellers. The platform offers quick access to a comprehensive production list and provides price quotations for consumers. Additionally, it emphasizes personalized customer support and consultation for sellers, facilitating a seamless interaction between both parties. By creating a reliable network of trustworthy sellers, Amondz aims to increase revenue opportunities for its clients while streamlining the purchasing process for consumers.

42dot

Series A in 2021
42dot is a technology company focused on revolutionizing transportation services through innovative solutions. It develops advanced technologies and platforms that integrate autonomous driving, connected vehicles, and smart city infrastructure. By facilitating Mobility-as-a-Service, 42dot allows users to access various transportation modes—such as autonomous shuttles, ride-sharing, and delivery services—via a unified digital interface. The company's platform encompasses a comprehensive range of mobility and logistics services, including ride-hailing, robot taxis, and smart logistics, aimed at providing clients with affordable access to autonomous driving technology.

Crowdworks

Series C in 2021
CrowdWorks, Inc. is a South Korea-based company that operates an online crowdsourcing platform specifically designed for artificial intelligence (AI). The company focuses on enhancing machine learning processes by collecting, structuring, and strengthening training data. It provides services that include the analysis and classification of various types of data, such as images, text, audio, and survey responses. By utilizing a pool of approximately 500,000 qualified labelers, CrowdWorks aims to improve the accuracy of human-powered data, thereby streamlining the AI model training workflow. The platform's Auto-ML features facilitate efficient data preparation, making it an essential resource for over 430 leading AI companies seeking to rapidly develop and deploy advanced AI solutions.

Pure Harvest Smart Farms

Venture Round in 2021
Pure Harvest Smart Farms is a Dubai-based company specializing in the production and sale of organic tomatoes and other premium fruits and vegetables. It operates in the challenging climates of the Arab Gulf region by utilizing advanced controlled-environment agriculture technologies. The company focuses on sustainable agricultural practices to ensure year-round availability of fresh produce while maintaining high quality at affordable prices. Pure Harvest employs a proprietary semi-closed climate-controlled growing system that optimizes temperature and moisture, supporting the growth of its crops in modern glasshouses. The firm aims to meet the increasing demand for healthy food options in the region through innovative cultivation methods.

ExoStemTech

Series B in 2021
ExoStemTech is a biotechnology company that develops stem cell exosome therapeutics, plant exosomes, and anti-cancer drugs.

Genedit

Series A in 2021
GenEdit Inc., founded in 2016 and based in Berkeley, California, focuses on advancing gene therapy through its innovative genome editing tools, particularly the CRISPR/Cas9 system. The company aims to address the challenges associated with gene therapy delivery by utilizing its proprietary NanoGalaxy™ platform, which systematically screens a library of nanoparticles to enhance the safety and efficiency of delivering genetic material to target tissues. GenEdit's technology is designed to facilitate therapeutic gene editing, offering a solution that is easier, faster, and more accurate than traditional methods. This positions GenEdit to potentially enable the treatment of previously incurable genetic diseases, significantly contributing to the future of non-viral, gene editing-based therapeutics.

Connecting

Series B in 2021
Connecting is a company that offers a real-time voice-talk service designed to facilitate meaningful conversations between individuals. Its application enables users to specify their preferences, such as hobbies, age, region, and gender, which are then matched through an algorithm tailored to enhance user experience. By providing a platform that connects people with shared interests, Connecting aims to promote engaging dialogues and foster connections in a straightforward manner.

Dohands

Series B in 2021
Dohands Corporation is a logistics service provider based in Seoul, South Korea, specializing in customized solutions for e-commerce sellers. Founded in 2013, the company offers a range of services including overseas shipping, logistics consulting, inventory management, and tailored delivery options. Dohands focuses on short-term delivery, providing effective logistics alternatives for crowdfunding, pre-orders, and promotional activities, thereby enabling businesses to transport and deliver their products in a cost-efficient manner. Through its innovative approach, Dohands aims to simplify the logistics process for e-commerce companies.

Channel Talk

Series C in 2021
Channel Talk is an AI messenger that is focused on helping DTC companies provide VIP-level customer service. We raised $40 million USD in our Series C, and are one of the fastest-growing B2B SaaS startups, currently servicing more than 150,000 brands across the world. At Channel Talk, we believe that a good product nurtures growth in a business and that simple conversations with customers can become the driving force for success. We help you stand out by utilizing AI to resolve repetitive inquiries so you have time to build genuine relationships through our powerful CRM and provide excellent support to your customers.

IMBiologics

Series A in 2021
IMBiologics is a biotechnology company focused on developing immunomodulatory antibody drugs aimed at achieving physiological balance. The company specializes in creating novel treatment options for autoimmune diseases and cancer through its innovative antibody-based biologics. By utilizing unique mechanisms of action to modulate the immune system, IMBiologics enables advancements in cancer treatment and enhances the potential for new therapeutic strategies in the field of modern biomedicine.

TeamFresh

Series C in 2021
TeamFresh is a cargo and freight company that provides logistics services.
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