Kakao Ventures

Kakao Ventures, founded in 2012 and based in Seongnam-si, South Korea, is an early-stage venture capital firm that specializes in investing in tech-enabled startups. The firm focuses on seed to growth-stage companies, particularly in advanced technology, deep tech, mobile, service, and gaming sectors. Kakao Ventures is committed to supporting smart entrepreneurs and aims to back startups with a competitive edge that address real-world challenges. By providing access to a network of portfolio companies, Kakao Ventures fosters a collaborative environment that encourages innovation and growth among its invested startups.

Anne Ahn

Senior Associate

Eddie Chang

Director

Kim Chi-won

Executive Director, Managing Director and Partner

Mike Cho

Senior Associate

Andy Choi

Associate

Shin-ah Chung

CEO and Partner

Jade Chung

Senior Associate

Brian Jang

Director

Aiden Jang

Principal Associate

Jade Jung

Senior Associate

Kim Ki-Jun

CEO and Partner

Jacob Kim

Principal Associate

Jun Kim

CEO

Zero Kim

Associate

Inbae Lee

Principal

Justin Shin

Senior Associate

Ryan Won

Managing Director

Past deals in South Korea

Enerzai

Series A in 2023
ENERZAi is an artificial intelligence technology company based in Seoul, South Korea, that specializes in developing solutions for the oil and gas engineering sector. The company focuses on autonomous drilling systems, providing technology for supervising, monitoring, and controlling physical processes with real-time capabilities. In addition to this, ENERZAi offers services related to microcontroller units, central processing units, and application processors, facilitating AI applications in smart sensors, wearable devices, and robotics. Their technology aims to help clients transition from costly GPU instances, while optimizing model size, inference time, and operational costs.

Bosalpim

Seed Round in 2022
Bosalpim is a supplier of visiting care brokerage services for the elderly. Headquartered in Gangnam-gu, Seoul.

Baum

Series A in 2022
Baum, Inc. specializes in electronic design automation (EDA) software and solutions aimed at enhancing the energy efficiency of semiconductor designs for various sectors, including automotive, mobile, networking, and servers. Founded in 2016 and headquartered in Daejeon, South Korea, the company offers tools that support power and thermal management, allowing engineering teams to optimize low-power consumption in their chip designs. Baum's technology is developed by a team of experienced professionals with backgrounds in semiconductor research and development, as well as business development. As a privately held entity, Baum focuses on providing innovative solutions that address the growing demand for energy-efficient semiconductor technologies.

AFI

Series A in 2022
AFI Technology, established on December 23, 2013, in Seoul, Korea, specializes in manufacturing and selling innovative inspection and monitoring technology products primarily for the food and life science industries. The company offers electric filter separation technology and rapid detection systems that address microbial contamination risks, allowing clients to enhance food safety. With a strong emphasis on environmental responsibility, AFI responds to diverse needs in rapid microbiological testing and other technology solutions, underscoring its commitment to providing effective and efficient products for its clientele.

21market

Series A in 2022
21market is a platform that purchases used electronics, inspects them, and upcycles the products. It repairs secondhand electronics and sells refurbished items. 21market is based in Seoul, South Korea.

Medb Korea

Venture Round in 2022
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.

MORAI

Series B in 2022
MORAI Inc. is a company that specializes in developing a simulation platform to create three-dimensional virtual environments that replicate real-world road conditions for testing autonomous driving algorithms. Founded in 2018 and based in Seoul, South Korea, with an additional office in San Francisco, California, MORAI focuses on verification and validation solutions for autonomous vehicles. Its platform allows automotive companies to conduct thorough simulations, enabling engineers to test scenarios that are challenging to replicate on actual roads. This approach not only reduces the costs associated with verifying autonomous driving technology but also enhances the response capabilities of self-driving systems. Additionally, the company provides datasets to support the development of advanced algorithms.

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.

Karrot Market

Series D in 2021
Karrot is a hyperlocal community app which offers a secondhand marketplace. Karrot supports an eco-friendly lifestyle and local economy by promoting buying and selling secondhand goods locally. Since its launch in 2015, Karrot has become South Korea's largest second-hand marketplace and second-biggest e-commerce company. Karrot is currently available in select cities in four countries outside the home country, including the United Kingdom, Canada, the United States and Japan. As of March 2021, Karrot runs one of the largest and fastest growing consumer-to-consumer (C2C) mobile marketplace, receiving 15 million monthly unique visitors.

EVR Studio

Series C in 2021
EVR Studio is a technology-driven digital content development company based in Seoul, South Korea, specializing in virtual reality platforms across various sectors, including gaming, visual graphics, engineering, fashion, writing, and photography. The studio focuses on creating immersive experiences through virtual reality and artificial intelligence, allowing players to interact with digital characters in adventure-based games. Additionally, EVR Studio engages in projects related to digital humans, media art, XR media content, and metaverse platforms, showcasing a diverse portfolio that emphasizes innovation in digital interactions and entertainment.

Korea Credit Data

Series C in 2021
Korea Credit Data Co., Ltd. is a Seoul-based company that specializes in developing business management software, particularly for small and medium enterprises. Founded in 2016, its flagship product, CashNote, enables users to manage card payment schedules, conduct customer analysis, and perform tax invoice inquiries. In addition to CashNote, Korea Credit Data offers a range of services that include customer analysis, point-of-sale (POS) systems, and payment solutions through its various subsidiaries. The company serves over two million businesses in Korea, aiming to address challenges faced by business owners throughout their operational lifecycle. By forming strategic partnerships with leading industry players, Korea Credit Data has established a strong market presence and expanded its offerings to include payment networks and credit bureau services, enhancing its ability to support its clients effectively.

Buffett Seoul

Series B in 2021
Buffett Seoul, founded in 2017 and headquartered in Seoul, South Korea, specializes in group physical training services aimed at delivering a unique fitness experience. The company offers a differentiated approach to fitness through an optimized group matching service that aligns participants based on their physique, exercise levels, and personal goals. This tailored methodology allows users to benefit from customized fitness programs that integrate both offline classes and online home training, enhancing the overall effectiveness of their fitness journey.

Standigm

Series C in 2021
Standigm, Inc. is a South Korean company specializing in artificial intelligence technologies for the pharmaceutical industry, founded in 2015. It focuses on AI-driven drug discovery, employing its proprietary platforms to streamline the process from target identification to lead generation. Standigm's workflow automates molecular design through its DarkMolFactory™ and encompasses a full-stack approach to drug discovery with tools such as Standigm ASK™ for target identification, Standigm BEST™ for lead design, and Standigm Insight™ for drug repurposing. By leveraging advanced data analysis techniques, Standigm aims to enhance the efficiency of drug development, reducing both time and costs for pharmaceutical companies in bringing new drugs to market.

Dable

Series C in 2021
Dable, Inc. is an online content discovery platform based in Seoul, South Korea, founded in 2015. The company specializes in providing personalized content recommendation solutions and native advertising services, utilizing big data to enhance user engagement and optimize content strategies. Dable has established partnerships with over 3,000 premium media outlets across Asia, generating more than 5 billion monthly pageviews. It is recognized as the most utilized personalized recommendation platform in Indonesia, Vietnam, and Korea, with significant growth in Taiwan and Malaysia. Dable has demonstrated consistent annual sales growth of over 50% since its inception and was ranked 46th among the top 500 Asia-Pacific High-Growth Companies by the Financial Times, achieving the highest position in the media category.

Watcha

Venture Round in 2020
WATCHA, Inc. is a South Korean company that specializes in online interactive media services, primarily through its movie and TV series recommendation application. Launched in 2012, WATCHA quickly gained popularity in Korea as a leading movie review app, leveraging personalized recommendation technology to suggest films based on user ratings. The platform not only offers extensive movie and TV show reviews but also includes WATCHA PLAY, a subscription-based video-on-demand service launched in 2016. This service is accessible on various devices, including web browsers, mobile applications, and smart TVs. With a strong focus on accurate content recommendations, WATCHA claims that 75% of the content consumed on its platform is based on user-generated recommendations. The company, headquartered in Seoul, has also expanded its offerings to Japan, enhancing its position in the competitive media landscape.

MORAI

Series A in 2020
MORAI Inc. is a company that specializes in developing a simulation platform to create three-dimensional virtual environments that replicate real-world road conditions for testing autonomous driving algorithms. Founded in 2018 and based in Seoul, South Korea, with an additional office in San Francisco, California, MORAI focuses on verification and validation solutions for autonomous vehicles. Its platform allows automotive companies to conduct thorough simulations, enabling engineers to test scenarios that are challenging to replicate on actual roads. This approach not only reduces the costs associated with verifying autonomous driving technology but also enhances the response capabilities of self-driving systems. Additionally, the company provides datasets to support the development of advanced algorithms.

Wave

Series B in 2020
Wave Corporation, founded in 2018 and based in South Korea, develops a mobile video chat application designed to enhance social interactions among users. The application enables individuals to create chat rooms where they can engage in group video chats, play live party games, watch video clips, read webtoons, and share photos. By facilitating these activities, Wave aims to reduce the distance between people, allowing friends to connect and interact in a more engaging and entertaining manner.

Dillyhub

Seed Round in 2020
Dillyhub Inc. operates a digital platform that supports independent comic artists by connecting them with audiences and enhancing their monetization opportunities. Founded in 2018 and headquartered in Namyangju-si, South Korea, with an additional office in Amsterdam, the Netherlands, Dillyhub provides a publishing and monetization platform specifically designed for comic creators. Utilizing proprietary technology, the platform enables artists to showcase their work and increase its discoverability, thereby allowing them to earn revenue through innovative methods. Dillyhub aims to empower creators by facilitating their access to a broader audience and enhancing their financial prospects in the digital comic landscape.

Itemscout

Seed Round in 2020
Itemscout is a company based in Seoul, South Korea, that specializes in providing keyword analysis solutions for online sellers and businesses. Established in 2019, it offers a smart sales analysis tool designed to assist clients with item selection, market analysis, and search engine optimization. The platform features product discovery, keyword analysis, rank tracking, and goods tracking, enabling users to evaluate market trends and the competitiveness of specific keywords. Additionally, Itemscout's ranking tracking service allows users to monitor changes in product rankings by keyword or over time, focusing on competitors' products. By delivering insights related to search volume, advertisement costs, competitive intensity, and product exposure rankings, Itemscout supports online sellers in making informed decisions to enhance their market presence.

Return Zero

Series A in 2020
Return Zero, Inc. is a company that specializes in developing an artificial intelligence-based voice recognition application designed to convert phone dialogues into messenger chats. Founded in 2011 and based in Seoul, South Korea, the company offers services that transform audio phone messages into text, facilitating easier communication through messaging platforms.

Impressivo

Venture Round in 2020
Impressivo, Inc. is a South Korean company founded in 2012 that specializes in developing advanced fabric 3D touch sensors tailored for various applications, including smart wearables, Internet of Things (IoT) devices, automotive technology, digital healthcare, and virtual and augmented reality interfaces. The company's innovative fabric sensors are designed to be pressure and multitouch sensitive, enhancing user interaction with digital devices and allowing brands to create smarter products. Through its cutting-edge technology, Impressivo aims to revolutionize the way individuals engage with their digital environments.

Lunit

Series C in 2019
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.

Skelter Labs

Series B in 2019
Skelter Labs Inc., founded in 2015 and based in Seoul, South Korea, specializes in the development of artificial intelligence applications aimed at enhancing user experiences across various sectors. The company focuses on machine and deep learning technologies to create personalized solutions for e-commerce, content, communities, and messaging platforms. Skelter Labs offers a range of products, including BELLA QNA, an enterprise chatbot for data and large language model queries, BELLA LLM, a dedicated large language model for enterprise applications, and AIQ+ Chat, a task-oriented chatbot builder. Additionally, the company provides AIQ+ Speech for speech-to-text and text-to-speech solutions, as well as AIQ+ Answer, a machine reading comprehension search assistant. By combining advanced technology with industry expertise, Skelter Labs aims to drive digital transformation and support businesses in leveraging the full potential of AI.

ONDA

Series A in 2019
ONDA is a hospitality technology company based in Seoul, South Korea, specializing in reservation management solutions for small to mid-size hotels and guesthouses both locally and internationally. The company offers a suite of products, including ONDA Plus for reservation management, ONDA Wave for integrated scheduling, and ONDA Star, a comprehensive property management system. Additionally, ONDA Easysell serves as a hotel extranet platform to enhance distribution capabilities. With a focus on optimizing hotel operations and increasing online visibility, ONDA aggregates real-time data from over 40,000 properties and distributes it across 50 online channels, enabling hotels to expand their reach and boost bookings. The company also publishes Magazine ON, which features interviews with accommodation owners and industry insights.

Smart Radar System

Series A in 2019
Smart Radar System is a technology company specializing in radar vision solutions for automotive and industrial applications. Founded in 2017 and based in Seongnam-si, South Korea, the company has developed innovative products such as RETINA, a 4D image radar that offers high precision in distance and velocity measurement, and IRISv, a corner radar module designed to provide a 360-degree view of surrounding objects using multiple radar units. Other offerings include the RM68-01 industrial radar evaluation kit for high-performance applications, as well as additional components like Carrier Boards and Radar PC Software for enhanced functionality and control. Smart Radar System focuses on various applications, including autonomous vehicles, industrial monitoring, people counting, and vital sign detection, positioning itself as a leader in the radar technology sector.

Karrot Market

Series C in 2019
Karrot is a hyperlocal community app which offers a secondhand marketplace. Karrot supports an eco-friendly lifestyle and local economy by promoting buying and selling secondhand goods locally. Since its launch in 2015, Karrot has become South Korea's largest second-hand marketplace and second-biggest e-commerce company. Karrot is currently available in select cities in four countries outside the home country, including the United Kingdom, Canada, the United States and Japan. As of March 2021, Karrot runs one of the largest and fastest growing consumer-to-consumer (C2C) mobile marketplace, receiving 15 million monthly unique visitors.

Wave

Series A in 2019
Wave Corporation, founded in 2018 and based in South Korea, develops a mobile video chat application designed to enhance social interactions among users. The application enables individuals to create chat rooms where they can engage in group video chats, play live party games, watch video clips, read webtoons, and share photos. By facilitating these activities, Wave aims to reduce the distance between people, allowing friends to connect and interact in a more engaging and entertaining manner.

Buffett Seoul

Series A in 2019
Buffett Seoul, founded in 2017 and headquartered in Seoul, South Korea, specializes in group physical training services aimed at delivering a unique fitness experience. The company offers a differentiated approach to fitness through an optimized group matching service that aligns participants based on their physique, exercise levels, and personal goals. This tailored methodology allows users to benefit from customized fitness programs that integrate both offline classes and online home training, enhancing the overall effectiveness of their fitness journey.

Standigm

Series B in 2019
Standigm, Inc. is a South Korean company specializing in artificial intelligence technologies for the pharmaceutical industry, founded in 2015. It focuses on AI-driven drug discovery, employing its proprietary platforms to streamline the process from target identification to lead generation. Standigm's workflow automates molecular design through its DarkMolFactory™ and encompasses a full-stack approach to drug discovery with tools such as Standigm ASK™ for target identification, Standigm BEST™ for lead design, and Standigm Insight™ for drug repurposing. By leveraging advanced data analysis techniques, Standigm aims to enhance the efficiency of drug development, reducing both time and costs for pharmaceutical companies in bringing new drugs to market.

Tera Funding

Venture Round in 2019
Tera Funding is a real estate investment corporation and financial organization that provides first-tier small and medium-sized construction loans to businesses through an online platform for small investors.

Dr.Kitchen

Venture Round in 2019
Kitchen Doctor engages in research and development of diet programs for diabetes. Kitchen Doctor is based in Daejeon, South Korea with an additional office in Seoul, South Korea.

Skelter Labs

Series A in 2018
Skelter Labs Inc., founded in 2015 and based in Seoul, South Korea, specializes in the development of artificial intelligence applications aimed at enhancing user experiences across various sectors. The company focuses on machine and deep learning technologies to create personalized solutions for e-commerce, content, communities, and messaging platforms. Skelter Labs offers a range of products, including BELLA QNA, an enterprise chatbot for data and large language model queries, BELLA LLM, a dedicated large language model for enterprise applications, and AIQ+ Chat, a task-oriented chatbot builder. Additionally, the company provides AIQ+ Speech for speech-to-text and text-to-speech solutions, as well as AIQ+ Answer, a machine reading comprehension search assistant. By combining advanced technology with industry expertise, Skelter Labs aims to drive digital transformation and support businesses in leveraging the full potential of AI.

LetinAR

Series A in 2018
LetinAR Co., Ltd., founded in 2016 and based in Seoul, South Korea, specializes in developing augmented reality (AR) smart glasses. The company has introduced a pioneering technology known as PinMR™ lens, which addresses common issues in existing AR products, such as bulkiness, high costs, and limited functionality. By utilizing proprietary pin mirror technology, LetinAR's smart glasses reflect light from a microdisplay and guide it into the wearer's pupils through a unique pinhole effect. This innovation enhances optical control during augmented reality experiences, allowing for designs that closely resemble traditional eyeglasses while improving wearability and usability.

Laftel

Venture Round in 2018
Laftel Inc. is a South Korean company founded in 2014 that specializes in digital content services, focusing primarily on streaming animated videos and comics. The company operates a mobile app and web platform that not only streams a diverse range of anime movies and animated series across various genres, such as action, adventure, music, and sports, but also curates comic recommendations based on users' preferences. By analyzing reader interests, Laftel aims to enhance the user experience, providing tailored content that keeps audiences engaged. The platform serves as a comprehensive hub for fans of both anime and comics, making it a notable player in the digital entertainment industry.

Logispot

Series A in 2018
Logispot is a South Korean company founded in 2016 that specializes in digital logistics and freight transport services. It operates a platform designed to streamline the fragmented cargo transportation market by offering integrated transport management and efficient handling of incoming and outgoing shipments. The platform also facilitates seamless integration with customers' internal systems, ensuring a hassle-free experience in the movement of goods and services. By providing systematic functions, Logispot aims to enhance the efficiency and convenience of logistics operations for its clients.

VITCON

Series A in 2018
VITCON Inc. specializes in products and services designed to simplify the configuration of Internet of Things (IoT) systems. Based in Seoul, South Korea, the company develops MODLINK, a built-in controller that integrates advanced software and hardware technology. VITCON also offers free software that enables non-software engineers to effectively connect and utilize IoT through MODLINK, making it accessible to a wider audience. This focus on user-friendly solutions reflects VITCON's commitment to bridging the gap between technology and everyday users.

Lunit

Series B in 2018
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.

Karrot Market

Series B in 2018
Karrot is a hyperlocal community app which offers a secondhand marketplace. Karrot supports an eco-friendly lifestyle and local economy by promoting buying and selling secondhand goods locally. Since its launch in 2015, Karrot has become South Korea's largest second-hand marketplace and second-biggest e-commerce company. Karrot is currently available in select cities in four countries outside the home country, including the United Kingdom, Canada, the United States and Japan. As of March 2021, Karrot runs one of the largest and fastest growing consumer-to-consumer (C2C) mobile marketplace, receiving 15 million monthly unique visitors.

Tevaluewise

Series A in 2018
TevalueWise Corp. is a leading online platform based in Seoul, South Korea, specializing in educational courses and instructor evaluations. It offers a diverse range of courses, including those for kindergarten, employment preparation, foreign languages, and graduate studies, as well as assistance for the Scholastic Assessment Test (SAT). Additionally, TevalueWise serves as Korea's premier instructor evaluation platform, facilitating assessments for civil servant exam instructors and other educators. The platform aims to enhance the educational experience by connecting students with qualified teachers and providing valuable feedback on instructional quality.

Dable

Series B in 2018
Dable, Inc. is an online content discovery platform based in Seoul, South Korea, founded in 2015. The company specializes in providing personalized content recommendation solutions and native advertising services, utilizing big data to enhance user engagement and optimize content strategies. Dable has established partnerships with over 3,000 premium media outlets across Asia, generating more than 5 billion monthly pageviews. It is recognized as the most utilized personalized recommendation platform in Indonesia, Vietnam, and Korea, with significant growth in Taiwan and Malaysia. Dable has demonstrated consistent annual sales growth of over 50% since its inception and was ranked 46th among the top 500 Asia-Pacific High-Growth Companies by the Financial Times, achieving the highest position in the media category.

Awair

Venture Round in 2018
Awair is a company dedicated to improving indoor air quality (IAQ) for individuals in various environments, including homes, schools, and workplaces. Headquartered in San Francisco, with an additional office in Seoul, Awair develops advanced indoor air monitoring devices that measure key factors such as temperature, humidity, carbon dioxide, volatile organic compounds, and dust. These devices provide users with actionable insights and easy-to-understand software, empowering them to enhance their indoor air quality for better health and safety. By focusing on user-friendly technology and comprehensive monitoring, Awair aims to ensure that people can breathe safely indoors.

BRUNT.CO,.LTD

Series A in 2018
Brunt Co. Ltd. specializes in designing and manufacturing Internet of Things (IoT) smart home hardware and software. Established in 2015 and based in Seoul, South Korea, the company offers a range of products aimed at enhancing daily convenience and lifestyle experiences. Its key offerings include the Brunt Blind Engine, which converts standard blinds into smart electric versions; the Brunt PowerStation, a multifunctional device for diverse electricity supply; and the Brunt Plug, which allows users to control various electric devices via a smartphone. Additionally, Brunt produces the Brunt WIFI Router and the Brunt Cord, a portable USB and AC power strip. The company also develops software solutions, notably Brunt Sky, an IoT operating platform for remote device control and usage analysis, and the Brunt App, which facilitates smartphone control and monitoring of connected devices. Through these innovations, Brunt Co. Ltd. aims to alleviate daily inconveniences and empower customers to personalize their living environments.

PLATFOS

Seed Round in 2018
PLATFOS Co., Ltd. is a South Korean company that has developed a cloud-based mobile voucher platform aimed at facilitating the transmission and use of mobile products across countries. Established in 2015 and located in Seongnam-si, PLATFOS offers a system that enables businesses to issue their own electronic vouchers quickly and at no cost. The platform provides functionalities for the issuance, sale, and operation of mobile gift vouchers through software development kits (SDK) and application programming interfaces (API). This allows operators to create and manage their mobile vouchers efficiently, significantly reducing the time and cost typically associated with system development.

Wonders

Series B in 2018
Wonders Co., Ltd. is a logistics company founded in 2014 and based in Seoul, South Korea. It specializes in providing logistics and delivery solutions, focusing on a one-day express delivery service that enhances delivery speeds and customer satisfaction. By utilizing a hub and spoke system, Wonders efficiently manages deliveries through a centralized point with its partner fleet, allowing customers to receive their orders on the same day without complications.

Skelter Labs

Series A in 2018
Skelter Labs Inc., founded in 2015 and based in Seoul, South Korea, specializes in the development of artificial intelligence applications aimed at enhancing user experiences across various sectors. The company focuses on machine and deep learning technologies to create personalized solutions for e-commerce, content, communities, and messaging platforms. Skelter Labs offers a range of products, including BELLA QNA, an enterprise chatbot for data and large language model queries, BELLA LLM, a dedicated large language model for enterprise applications, and AIQ+ Chat, a task-oriented chatbot builder. Additionally, the company provides AIQ+ Speech for speech-to-text and text-to-speech solutions, as well as AIQ+ Answer, a machine reading comprehension search assistant. By combining advanced technology with industry expertise, Skelter Labs aims to drive digital transformation and support businesses in leveraging the full potential of AI.

Grepp

Seed Round in 2017
Grepp, Inc., founded in 2014 and based in Seoul, South Korea, specializes in developer recruitment and software training solutions. The company operates an online skill assessment platform that enhances the competitiveness of developers by supporting training, exchange, and problem-solving activities. Grepp aims to facilitate participation in software development for individuals of all backgrounds, while also assisting job seekers in identifying suitable career paths. Additionally, it helps companies connect with skilled developers to create valuable software products. Through these initiatives, Grepp fosters a community that not only empowers developers but also emphasizes the importance of software literacy and creative problem-solving skills among the younger generation.

MARS Auto

Seed Round in 2017
MARS Auto Inc. is a South Korean company that specializes in developing artificial intelligence-based software for autonomous navigation in trucks, aimed at automating freight transport. Founded in 2017 and headquartered in Seoul, the company focuses on transforming the country's trucking market, valued at $50 billion, by reducing manpower and operational costs through the use of autonomous driving technology. MARS Auto conducts ongoing simulations and real-world testing to gather crucial data for further development. Additionally, the company has secured letters of intent with two major logistics firms in Korea, indicating strong interest and potential collaboration within the industry.

Baum

Series A in 2017
Baum, Inc. specializes in electronic design automation (EDA) software and solutions aimed at enhancing the energy efficiency of semiconductor designs for various sectors, including automotive, mobile, networking, and servers. Founded in 2016 and headquartered in Daejeon, South Korea, the company offers tools that support power and thermal management, allowing engineering teams to optimize low-power consumption in their chip designs. Baum's technology is developed by a team of experienced professionals with backgrounds in semiconductor research and development, as well as business development. As a privately held entity, Baum focuses on providing innovative solutions that address the growing demand for energy-efficient semiconductor technologies.

CastingN

Seed Round in 2017
CastingN Co., Ltd is an online sourcing platform based in Incheon, South Korea, established in 2015. It connects companies with professional subcontractors across various sectors, facilitating the outsourcing of services such as advertising, system development, web design, and accounting. The platform evaluates multiple factors, including company history, performance, and feedback, to identify the most suitable subcontractors for clients' needs. In addition to its matching services, CastingN offers programs for developing job-oriented content and conducting offline job training, enabling companies to work efficiently with specialized service providers.

Mini School

Seed Round in 2017
Mini School is a web-based video class solution that allows professors and students to connect and participate in class in real time. Through Mini School, teachers can create fun and highly efficient class content like word games and quizzes using a variety of media. Mini School is based in Seoul-t'ukpyolsi, South Korea and was founded in 2016.

Weekly Shirts

Seed Round in 2017
Weekly Shirts is a clothing rental service startup in South Korea. It was formed to to relieve busy male workers’ stress for outfit. It operates ‘door-to-door delivery’ system that users can get used shirts changed with new shirts by hanging the used one on the door hand. Monthly delivery fee is $49 and the service is available in Seoul and Gyeonggi-do. Subscribers have a couple of options. With ‘Weekly Shirts’, they receive various types of dress shirts selected by the Weekly Shirts team. With ‘My Personalized Shirts,’ subscribers receive shirts that tailor to each subscriber’s taste and preferences. Since the launch, the number of subscribers has grown by 40% every month. The service was launched in October 2016.

Wonders

Series A in 2017
Wonders Co., Ltd. is a logistics company founded in 2014 and based in Seoul, South Korea. It specializes in providing logistics and delivery solutions, focusing on a one-day express delivery service that enhances delivery speeds and customer satisfaction. By utilizing a hub and spoke system, Wonders efficiently manages deliveries through a centralized point with its partner fleet, allowing customers to receive their orders on the same day without complications.

Trost

Seed Round in 2017
Trost, operated by Humart Company Co., Ltd., specializes in mental healthcare services, offering a range of online counseling options. Founded in 2016 and headquartered in Seoul, South Korea, Trost utilizes a mobile application to facilitate consultations between users and licensed counselors, enabling effective diagnosis and treatment. In addition to counseling, the platform provides various self-analysis tests, including psychological assessments, personality evaluations, and stress-related tests. Through its employee assistance program, Trost aims to enhance mental well-being in both individual and workplace settings.

Skelter Labs

Seed Round in 2017
Skelter Labs Inc., founded in 2015 and based in Seoul, South Korea, specializes in the development of artificial intelligence applications aimed at enhancing user experiences across various sectors. The company focuses on machine and deep learning technologies to create personalized solutions for e-commerce, content, communities, and messaging platforms. Skelter Labs offers a range of products, including BELLA QNA, an enterprise chatbot for data and large language model queries, BELLA LLM, a dedicated large language model for enterprise applications, and AIQ+ Chat, a task-oriented chatbot builder. Additionally, the company provides AIQ+ Speech for speech-to-text and text-to-speech solutions, as well as AIQ+ Answer, a machine reading comprehension search assistant. By combining advanced technology with industry expertise, Skelter Labs aims to drive digital transformation and support businesses in leveraging the full potential of AI.

Perseus

Seed Round in 2017
Perseus Inc. specializes in the development of security software tailored for the automotive industry. Founded in 2016 and headquartered in Seoul, South Korea, with additional offices in San Jose, California, and Munich, Germany, the company focuses on enhancing automobile infrastructure through innovative hypervisor technology. This technology allows multiple applications to operate from a single System on Chip (SoC), significantly reducing the number of SoCs needed in connected cars, which can lead to substantial savings and a simpler, more secure ecosystem. The solutions offered by Perseus include a hypervisor-based security system that minimizes in-car hardware and software complexity, a secure container replicating ARM TrustZone functionality, and a Linux fast boot feature that accelerates boot-up times for embedded devices. The company ensures robust security with a guarantee of performance even in the event of an operating system attack, providing flexible and real-time control over security parameters.

EVR Studio

Venture Round in 2016
EVR Studio is a technology-driven digital content development company based in Seoul, South Korea, specializing in virtual reality platforms across various sectors, including gaming, visual graphics, engineering, fashion, writing, and photography. The studio focuses on creating immersive experiences through virtual reality and artificial intelligence, allowing players to interact with digital characters in adventure-based games. Additionally, EVR Studio engages in projects related to digital humans, media art, XR media content, and metaverse platforms, showcasing a diverse portfolio that emphasizes innovation in digital interactions and entertainment.

Karrot Market

Series A in 2016
Karrot is a hyperlocal community app which offers a secondhand marketplace. Karrot supports an eco-friendly lifestyle and local economy by promoting buying and selling secondhand goods locally. Since its launch in 2015, Karrot has become South Korea's largest second-hand marketplace and second-biggest e-commerce company. Karrot is currently available in select cities in four countries outside the home country, including the United Kingdom, Canada, the United States and Japan. As of March 2021, Karrot runs one of the largest and fastest growing consumer-to-consumer (C2C) mobile marketplace, receiving 15 million monthly unique visitors.

Korea Credit Data

Seed Round in 2016
Korea Credit Data Co., Ltd. is a Seoul-based company that specializes in developing business management software, particularly for small and medium enterprises. Founded in 2016, its flagship product, CashNote, enables users to manage card payment schedules, conduct customer analysis, and perform tax invoice inquiries. In addition to CashNote, Korea Credit Data offers a range of services that include customer analysis, point-of-sale (POS) systems, and payment solutions through its various subsidiaries. The company serves over two million businesses in Korea, aiming to address challenges faced by business owners throughout their operational lifecycle. By forming strategic partnerships with leading industry players, Korea Credit Data has established a strong market presence and expanded its offerings to include payment networks and credit bureau services, enhancing its ability to support its clients effectively.

AlcaCruz

Seed Round in 2016
AlcaCruz, Inc. is a video streaming company headquartered in San Mateo, California, with an additional office in Seoul, South Korea. Established in 2014, the company specializes in advanced streaming technology that allows users to watch multiple live or recorded camera feeds simultaneously. Their flagship offerings include the SuperStream MultiView technology and CruzTV, a global esports streaming platform. These innovations enable content creators and platforms to deliver interactive experiences, such as live streaming of esports, sports games, concerts, and other events, all on a single screen. AlcaCruz's technology is designed to provide high-quality video while utilizing low bandwidth, resulting in significant cost savings compared to traditional streaming methods.

Lunit

Series A in 2016
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.

Dable

Series A in 2016
Dable, Inc. is an online content discovery platform based in Seoul, South Korea, founded in 2015. The company specializes in providing personalized content recommendation solutions and native advertising services, utilizing big data to enhance user engagement and optimize content strategies. Dable has established partnerships with over 3,000 premium media outlets across Asia, generating more than 5 billion monthly pageviews. It is recognized as the most utilized personalized recommendation platform in Indonesia, Vietnam, and Korea, with significant growth in Taiwan and Malaysia. Dable has demonstrated consistent annual sales growth of over 50% since its inception and was ranked 46th among the top 500 Asia-Pacific High-Growth Companies by the Financial Times, achieving the highest position in the media category.

Dr.Kitchen

Seed Round in 2016
Kitchen Doctor engages in research and development of diet programs for diabetes. Kitchen Doctor is based in Daejeon, South Korea with an additional office in Seoul, South Korea.

Standigm

Series A in 2016
Standigm, Inc. is a South Korean company specializing in artificial intelligence technologies for the pharmaceutical industry, founded in 2015. It focuses on AI-driven drug discovery, employing its proprietary platforms to streamline the process from target identification to lead generation. Standigm's workflow automates molecular design through its DarkMolFactory™ and encompasses a full-stack approach to drug discovery with tools such as Standigm ASK™ for target identification, Standigm BEST™ for lead design, and Standigm Insight™ for drug repurposing. By leveraging advanced data analysis techniques, Standigm aims to enhance the efficiency of drug development, reducing both time and costs for pharmaceutical companies in bringing new drugs to market.

CwaveSoft

Series A in 2016
CwaveSoft Inc. is an online gaming studio based in Seoul, South Korea, that specializes in developing action games. Founded in 2013 by a former head director of Nexon, the company aims to provide engaging and challenging gaming experiences for players. By focusing on PC game genres, CwaveSoft enables game developers to concentrate on creating innovative and entertaining content for the gaming community.

V8 Games

Seed Round in 2016
V8 Games, founded in 2015 and based in Seoul, South Korea, specializes in developing mobile games. The company focuses on creating casual social networking games and has a team composed of key personnel from Party Games. V8 Games offers titles such as "Minion Forest," which are accessible across various platforms, allowing players to fully engage in immersive gaming experiences.

KoKomo Games

Series B in 2016
Kokomo Games is a gaming studio based in Seoul, South Korea, established in 2014. The company specializes in designing and developing massively multiplayer online role-playing games (MMORPGs). With a team of experienced professionals who have previously contributed to significant titles like "Lineage2" and "Blade&Soul," Kokomo aims to carve out a niche in the hardcore RPG genre, which they view as an untapped market. Unlike the current trend towards trading card games and midcore RPGs, Kokomo is focused on creating a flagship mobile MMORPG that appeals to gamers in Asia, particularly those with interests similar to the Korean gaming community. The studio's mission is to enhance the gaming experience by developing interactive, narrative-driven games that support multiplayer engagement in real-time.

Standigm

Series A in 2016
Standigm, Inc. is a South Korean company specializing in artificial intelligence technologies for the pharmaceutical industry, founded in 2015. It focuses on AI-driven drug discovery, employing its proprietary platforms to streamline the process from target identification to lead generation. Standigm's workflow automates molecular design through its DarkMolFactory™ and encompasses a full-stack approach to drug discovery with tools such as Standigm ASK™ for target identification, Standigm BEST™ for lead design, and Standigm Insight™ for drug repurposing. By leveraging advanced data analysis techniques, Standigm aims to enhance the efficiency of drug development, reducing both time and costs for pharmaceutical companies in bringing new drugs to market.

momo

Seed Round in 2016
Momo is a South Korean company founded in 2015, based in Seoul, that focuses on developing and distributing movie and web-based drama content specifically for mobile phones. The company operates as a social and software platform, emphasizing the creation of engaging media and entertainment experiences, primarily through web dramas and videos. By leveraging the growing demand for mobile content, momo aims to provide innovative storytelling that resonates with audiences on mobile devices.

Lunit

Series A in 2015
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.

Dunamu

Series B in 2015
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.

Awair

Seed Round in 2015
Awair is a company dedicated to improving indoor air quality (IAQ) for individuals in various environments, including homes, schools, and workplaces. Headquartered in San Francisco, with an additional office in Seoul, Awair develops advanced indoor air monitoring devices that measure key factors such as temperature, humidity, carbon dioxide, volatile organic compounds, and dust. These devices provide users with actionable insights and easy-to-understand software, empowering them to enhance their indoor air quality for better health and safety. By focusing on user-friendly technology and comprehensive monitoring, Awair aims to ensure that people can breathe safely indoors.

Popjoy Games

Seed Round in 2015
Popjoy Games is a mobile gaming company based in Seoul, South Korea, specializing in the development of multiplayer games that facilitate global player interaction. The company focuses on real-time war strategy genres, with notable titles including Demi God War, Yoda Devasangra, and Cartoon Network Arena. By incorporating advanced AI game server technology, Popjoy Games supports real-time multiplayer experiences on mobile platforms, allowing users to engage in player-versus-player battles in various arenas. Through its innovative approach, the company aims to create a dynamic gaming environment that connects players worldwide.

Dable

Seed Round in 2015
Dable, Inc. is an online content discovery platform based in Seoul, South Korea, founded in 2015. The company specializes in providing personalized content recommendation solutions and native advertising services, utilizing big data to enhance user engagement and optimize content strategies. Dable has established partnerships with over 3,000 premium media outlets across Asia, generating more than 5 billion monthly pageviews. It is recognized as the most utilized personalized recommendation platform in Indonesia, Vietnam, and Korea, with significant growth in Taiwan and Malaysia. Dable has demonstrated consistent annual sales growth of over 50% since its inception and was ranked 46th among the top 500 Asia-Pacific High-Growth Companies by the Financial Times, achieving the highest position in the media category.

KoKomo Games

Series A in 2015
Kokomo Games is a gaming studio based in Seoul, South Korea, established in 2014. The company specializes in designing and developing massively multiplayer online role-playing games (MMORPGs). With a team of experienced professionals who have previously contributed to significant titles like "Lineage2" and "Blade&Soul," Kokomo aims to carve out a niche in the hardcore RPG genre, which they view as an untapped market. Unlike the current trend towards trading card games and midcore RPGs, Kokomo is focused on creating a flagship mobile MMORPG that appeals to gamers in Asia, particularly those with interests similar to the Korean gaming community. The studio's mission is to enhance the gaming experience by developing interactive, narrative-driven games that support multiplayer engagement in real-time.

Dunamu

Series A in 2015
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.

BLACK BEARD

Seed Round in 2014
BLACK BEARD (블랙비어드) is a Korean provider of mobiles games and services. Its service portfolio includes content management systems (CMS) that enables its users to collect, analyze, and manage photos for various social media, as well as outsourcing travel and reservation projects. BLACK BEARD was established in November 2013 in Seoul, Korea.

Zaiseoul

Seed Round in 2014
Zaiseoul, Inc. is a South Korea-based company that provides travel advisory services specifically tailored for Chinese tourists. The firm operates a comprehensive information portal that assists Chinese travelers in planning their visits to South Korea. This platform offers essential details on various aspects of travel, including accommodation options, visa requirements, local payment methods, shopping destinations, attractions, and dining choices. By catering to the unique needs of Chinese tourists, Zaiseoul aims to enhance their travel experience in South Korea.

Lunit

Seed Round in 2014
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.

WIV Labs

Angel Round in 2013
WIV Labs, founded in 2013 and based in Seoul, South Korea, specializes in developing data and social analytics software, particularly known for its product Qaster. The company focuses on collecting and analyzing data through a global Social Networking Service (SNS), extracting valuable insights from users' questions and answers in its archives. WIV Labs aims to enhance marketing effectiveness by leveraging data analysis to improve ad campaign efficiency, moving beyond traditional marketing methods. The team comprises experts in search engine technology, including programmers who were instrumental in developing Korea's second-largest search engine, Daum.

Dunamu

Angel Round in 2013
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.

MVERSE

Angel Round in 2012
MVERSE Inc. is a South Korean company founded in 2012 that operates an e-commerce platform specializing in the retail of fashion apparel, accessories, and cosmetic products. In addition to its retail operations, MVERSE also designs and develops mobile accessories and mobile commerce solutions. The company aims to provide a comprehensive shopping experience by combining its expertise in fashion and technology to serve a diverse customer base.

Greenmonster

Angel Round in 2012
Greenmonster, Inc. is a mobile services company established in June 2011 and based in Seoul, Korea. It specializes in developing and marketing Flava, a cloud-based diary application for iOS devices. Flava enhances users' multimedia writing capabilities by allowing them to organize and capture photos, text, and sounds within a single interface. The application also features a lifeblog service, enabling users to document and share their life experiences seamlessly.

WishLink

Angel Round in 2012
WishLink is a South Korean company based in Seoul, established in April 2011, that specializes in mobile shopping services. The company offers a range of platforms, including Cacao Style, which serves as an advertising, brokerage, and e-commerce solution for personal shopping. By focusing on mobile technology, WishLink aims to enhance the online shopping experience for consumers, facilitating easier access to various products and services through its innovative platforms.

Watcha

Angel Round in 2012
WATCHA, Inc. is a South Korean company that specializes in online interactive media services, primarily through its movie and TV series recommendation application. Launched in 2012, WATCHA quickly gained popularity in Korea as a leading movie review app, leveraging personalized recommendation technology to suggest films based on user ratings. The platform not only offers extensive movie and TV show reviews but also includes WATCHA PLAY, a subscription-based video-on-demand service launched in 2016. This service is accessible on various devices, including web browsers, mobile applications, and smart TVs. With a strong focus on accurate content recommendations, WATCHA claims that 75% of the content consumed on its platform is based on user-generated recommendations. The company, headquartered in Seoul, has also expanded its offerings to Japan, enhancing its position in the competitive media landscape.

Vingle

Series A in 2012
Vingle, Inc. operates an online interest-based community platform that facilitates connections among individuals who share similar interests. Founded in 2012 and headquartered in San Francisco, California, Vingle offers a mobile app and web service available in over 20 languages globally. The platform features more than 3,000 communities covering a wide range of topics, including hobbies, professional subjects, and fandoms. Users can engage with others through discussions, answer questions related to their interests, and interact across various communities, fostering a vibrant social marketplace for sharing thoughts and passions. Vingle also has offices in Silicon Valley, Tokyo, and Seoul.
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