Korea Development Bank

Korea Development Bank (KDB) is a South Korean banking institution established in 1954, headquartered in Seoul. It offers a wide range of banking products and services, both domestically and internationally. KDB's core services include deposit products, corporate banking, investment banking, and international banking. It provides corporate loans, equity investments, debt guarantees, and various funding services. Additionally, KDB offers consulting services for business areas such as project development, corporate management, and financial advisory. The bank serves individual and corporate customers, including small and medium-sized enterprises, through 74 domestic branches, 9 overseas branches, and 9 representative offices. KDB's mission is to support Korea's economic growth and development by providing long-term financing for major industrial projects and extending guarantees to its clients.

Dong-gull Lee

CEO

Past deals in Asia

Ubix Therapeutics

Series C in 2024
Ubix Therapeutics, Inc. is a research and development company based in Seoul, South Korea, focused on the development of anti-cancer drugs utilizing a proprietary proteolysis targeting chimera platform. The company employs advanced inhibitor technology that degrades specific target proteins within cells, aiming to enhance therapeutic efficacy for various cancers. By binding to proteins associated with disease, Ubix Therapeutics seeks to provide life-saving medications for patients, thereby supporting both patients and medical professionals in the fight against cancer.

SSenStone

Venture Round in 2024
SSenStone Inc., founded in November 2015 and based in Seoul, South Korea, specializes in developing security and authentication solutions aimed at enhancing user privacy and transaction safety. The company offers a range of products including StonePASS, an integrated user authentication system certified by FIDO, StoneAUTH, a user random code login solution, and VOTC, a credit card designed to prevent fraud during transactions. Additionally, SSenStone provides Digital e-ID services to further secure online identities. The company's innovations focus on creating a safer and more convenient user experience in both digital authentication and payment processes.

ADEL

Series B in 2024
The company is a spin-off from Asan Medical Center, University of Ulsan University, with a primary objective of developing therapeutic and diagnostic agents for neurological diseases, particularly Alzheimer's disease. In 2016, the company took significant steps toward formalizing its presence in the market by completing its incorporation and business registration processes. The year 2017 proved to be a milestone for the company as it obtained certification as a corporate-affiliated research institute, solidifying its position as a reputable research-driven organization. Additionally, it garnered recognition as a leading university start-up by the Ministry of SMEs and Startups, further boosting its credibility and potential for growth. The company has collaborated with Oscotech Co., Ltd. and partnered with various investors, including Kite Entrepreneurship Foundation, Stone Bridge Ventures Co., Ltd., Korea Development Bank, and Stick Ventures Co., Ltd., to jointly develop their projects.

bitsensing

Series B in 2024
Bitsensing is a South Korean startup founded in 2018 that specializes in radar technology with a focus on developing innovative solutions for smart cities. The company offers a range of products, including Traffic Radar, which provides real-time traffic information such as vehicle counts and speed, and Virtual Fence, a device designed to detect intrusions without the need for physical barriers. Additionally, Bitsensing has developed a 4D Imaging Radar that enhances autonomous driving capabilities by offering high-resolution, point-cloud-based tracking in diverse environmental conditions. By integrating artificial intelligence with its radar sensors, Bitsensing aims to create reliable and intelligent solutions that enhance the quality of life for urban residents.

t'order

Series B in 2024
T'order is an information technology company specializing in tablet ordering and advertising platforms for food and beverage brands. As a market leader in tablet-based ordering systems, T'order has deployed over 250,000 tablets, engaging more than 25 million monthly active users. The company's innovative digital solutions go beyond standard digital menus, providing a comprehensive platform that enhances customer experiences and creates targeted advertising opportunities. T'order effectively transforms customer interaction data into actionable insights, fostering mutually beneficial relationships between establishments and their guests. With a strong presence established in South Korea, T'order is actively expanding its operations internationally, leveraging its advanced technology and data-driven approach to drive the digital transformation of the F&B industry. The company’s products include a unique glass panel design instead of conventional plastic touch panels, offering superior performance while helping clients reduce monthly operating costs.

DESILO

Venture Round in 2024
Desilo Inc. is a technology company based in Seoul, South Korea, that specializes in developing machine learning solutions leveraging homomorphic encryption. This innovative technology allows data to be processed while remaining encrypted, ensuring that sensitive information is not disclosed. Desilo aims to create a secure data collaboration platform that promotes a safe and unrestricted data ecosystem. By prioritizing data privacy and regulatory compliance, the company provides tools for digital property protection and safeguards against potential security breaches and data leakage. Ultimately, Desilo enables data analysts to explore new opportunities in data-oriented businesses without compromising the integrity and confidentiality of the data they handle.

ImpriMed

Series A in 2023
ImpriMed, Inc. is a biotechnology company focused on providing personalized drug response prediction services for veterinary oncology. Established in 2017 and headquartered in Palo Alto, California, with an additional office in Seoul, South Korea, the company specializes in analyzing the drug responses of live cancer cells from pets, particularly in cases of lymphoma. By collecting genetic and cellular information from these cancer cells, ImpriMed develops precision medicine techniques that assist veterinary oncologists in selecting the most effective anticancer treatments for individual pets. This patient-derived database not only enhances treatment decisions for animals but also has the potential to translate insights into human oncology, ultimately aiding in the development of tailored cancer therapies for humans.

Autonomous a2z

Series B in 2023
Autonomous a2z Co., Ltd. is a South Korean company established in 2018, specializing in artificial intelligence-based autonomous driving solutions. Headquartered in Gyeongsan-si, with additional offices in Anyang-si and Sejong City, the company focuses on developing technologies that enable vehicles to recognize their surroundings, assess driving conditions, and execute automatic vehicle control. Its innovative platform supports the commercialization of specialized vehicles, including cleaning trucks, container trucks, and tractors, by providing essential algorithms and services for testing self-driving technologies across Korea. Through its advancements in judgment, control, and recognition technologies, Autonomous a2z aims to enhance mobility and transform the driving experience for general consumers.

Sky Labs

Series C in 2023
Sky Labs is a technology company focused on developing innovative wearable devices for health monitoring, particularly a cuffless ring-type blood pressure monitor and a device known as the Cardio Tracker (CART). The CART is designed for continuous monitoring of atrial fibrillation, a common and often undiagnosed heart condition affecting many individuals over 40. This device can be worn comfortably on any finger and is both waterproof and dustproof, allowing users to wear it throughout their daily activities without interruption. It operates without user intervention, automatically detecting and recording atrial fibrillation, which users can track via a smartphone application. The device aims not only to assist individuals in managing their heart health but also to provide valuable data to healthcare professionals for accurate diagnosis. Sky Labs is currently conducting clinical trials in collaboration with Seoul National University Hospital to validate the performance of its technology, with an initial focus on the atrial fibrillation patient market in Finland, and an extended target market of millions worldwide. The company is also partnering with Bayer to explore further healthcare innovations.

MangoBoost

Series A in 2023
MangoBoost is a technology company that specializes in advanced system solutions designed to enhance the efficiency of AI data centers. Central to its offerings is the MangoBoost DPU, which enables cost-effective, standards-based AI infrastructure by ensuring compatibility with all commodity GPUs, accelerators, and storage products. This innovation allows for the effective utilization of existing legacy infrastructure and simplifies network systems. Established in 2022, MangoBoost draws on a decade of prior research presented at leading conferences and comprises a team of over 80 professionals, including system architects, software engineers, and FPGA/SoC engineers, many of whom hold doctoral degrees from prestigious institutions and possess significant industry experience with major technology firms. The company has raised more than 60 million US dollars in funding and is actively expanding its operations in the United States, Canada, and South Korea.

Root Energy

Series A in 2023
Root Energy Inc. is a renewable energy investment platform based in Seoul, South Korea, incorporated in 2014. The company operates a crowdfunding platform that connects individuals and investors with opportunities to fund the construction and operation of renewable energy power plants. Root Energy facilitates the development of various energy generation systems, including solar, wind, and energy storage, by linking generators with suitable hosts for installation. In addition to its crowdfunding services, the company also offers construction management and power brokerage services, enabling residents and investors to participate in the renewable energy sector and benefit from sustainable energy solutions.

Toss

Series G in 2022
Toss is a South Korea-based mobile financial service platform developed by the fintech startup Viva Republica, established in 2011 by Seunggun Lee in Seoul. The platform offers a range of services aimed at simplifying financial management for users, including peer-to-peer money transfers, credit score management, and bank account oversight. Additionally, Toss provides access to loan and insurance plans, facilitates bill splitting, and supports QR payments. These features collectively enable users to handle their financial needs efficiently and conveniently.

THE PIRATES

Series C in 2022
The Pirates Co., Ltd. specializes in the development and operation of a mobile application that serves both wholesale and retail markets for seafood products. Established in 2018 and headquartered in Seoul, South Korea, the company also operates an aquatic market news platform that delivers information on fresh seafood offerings. This platform connects consumers with suppliers, providing essential insights into the quality of marine products and facilitating informed purchasing decisions. Through its innovative approach, The Pirates aims to enhance the seafood purchasing experience by bridging the gap between consumers and the fish market.

Hodoo Labs

Series B in 2022
Hodoo Labs Co., Ltd., based in Seoul, South Korea, specializes in the development of educational games aimed at enhancing English language skills for elementary school students. The company's flagship product, Hodoo English, is a quest-based MMORPG designed to combat the issue of "mute English," where learners can read and write but struggle with spoken communication. The game immerses players in a vibrant 3D environment where they engage with over 300 non-player characters through meaningful conversations in English. By incorporating speech recognition and machine learning, Hodoo English allows children to practice their growing vocabulary in various contexts, fostering an interactive and engaging learning experience that encourages them to become lifelong learners.

Anipen

Series B in 2022
Anipen is a Korean company focused on developing 3D content and augmented reality applications tailored for short video platforms and video games. The firm utilizes advanced augmented reality and deep learning technologies to create engaging content, including AR web TV shows, promotional videos for social media, and animated clips optimized for mobile devices. By providing these innovative solutions, Anipen enables enterprises to enhance their video communication and entertainment offerings, thereby promoting their products effectively in a competitive digital landscape.

SuperBin

Series B in 2022
SuperBin Co., founded in 2015 and headquartered in Seongnam-si, South Korea, specializes in the development of Nephron, an advanced circular resources collection robot. This innovative robot employs artificial intelligence to autonomously identify, sort, collect, and process waste materials, specifically targeting plastics and aluminum cans. SuperBin aims to foster a culture of recycling and sustainable growth by incentivizing users with financial rewards for their recycling efforts. Through its technology, the company seeks to promote the value of circulating resources and encourage a collective commitment to environmental responsibility.

Brandi

Venture Round in 2022
Brandi is a vertical commerce company founded in 2014 and headquartered in Seoul, South Korea. It operates a retail platform specializing in the fashion and beauty sectors, providing both B2C and B2B shopping experiences. Brandi offers a diverse range of products, including clothing, cosmetics, and home interior items. The company focuses on creating a connected ecosystem that links manufacturers, wholesalers, and consumers, thereby aiding young individuals in engaging with current fashion trends. Through its platform, Brandi aims to make various clothing brands accessible to customers at affordable prices.

Anipen

Series C in 2022
Anipen is a Korean company focused on developing 3D content and augmented reality applications tailored for short video platforms and video games. The firm utilizes advanced augmented reality and deep learning technologies to create engaging content, including AR web TV shows, promotional videos for social media, and animated clips optimized for mobile devices. By providing these innovative solutions, Anipen enables enterprises to enhance their video communication and entertainment offerings, thereby promoting their products effectively in a competitive digital landscape.

Brandi

Venture Round in 2022
Brandi is a vertical commerce company founded in 2014 and headquartered in Seoul, South Korea. It operates a retail platform specializing in the fashion and beauty sectors, providing both B2C and B2B shopping experiences. Brandi offers a diverse range of products, including clothing, cosmetics, and home interior items. The company focuses on creating a connected ecosystem that links manufacturers, wholesalers, and consumers, thereby aiding young individuals in engaging with current fashion trends. Through its platform, Brandi aims to make various clothing brands accessible to customers at affordable prices.

Cardoc

Series D in 2022
Cardoc Inc. is a South Korean company founded in 2013 that specializes in automotive repair services through a mobile application. The app allows users to upload photographs of their vehicle's exterior damage, facilitating real-time quotations, consultations, and repair options from selected car body shops. Users can receive their first estimate within an average of seven minutes and compare multiple estimates without the need to register personal information. Cardoc has demonstrated significant growth, with registered stores experiencing monthly increases of 30-100%. The company also offers additional vehicle management services, including car inspections, washes, and renewal services, which can be reserved online or at car centers. The founding team comprises automotive enthusiasts who have benefited from support from a startup incubation organization.

Genesis Lab

Series B in 2022
Genesis Lab, Inc. is a technology company based in Seoul, South Korea, founded in 2017, specializing in the development of artificial intelligence behavior analysis engines. The company offers a range of innovative products, including Viewinter.ai, a non-verbal behavior analysis tool designed to assist job seekers in training for video interviews. Additionally, Genesis Lab provides Genesis Drive, a solution that monitors driver drowsiness and distractions while detecting the emotions and behaviors of both drivers and passengers to enhance interactions and services. The Genesis Emotion AI SDK/API allows various industries to implement emotion recognition technology into their applications. The company also develops mobile applications, such as OREO, which humorously analyzes emotions, age, and gender from photos, and EMO, a gaming app that enables users to express emotions through facial mimicry. Overall, Genesis Lab aims to improve human-machine communication through its advanced AI technologies.

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.

SuperBin

Venture Round in 2022
SuperBin Co., founded in 2015 and headquartered in Seongnam-si, South Korea, specializes in the development of Nephron, an advanced circular resources collection robot. This innovative robot employs artificial intelligence to autonomously identify, sort, collect, and process waste materials, specifically targeting plastics and aluminum cans. SuperBin aims to foster a culture of recycling and sustainable growth by incentivizing users with financial rewards for their recycling efforts. Through its technology, the company seeks to promote the value of circulating resources and encourage a collective commitment to environmental responsibility.

MONITORAPP

Private Equity Round in 2022
MONITORAPP is a security solution vendor specializing in the research and development of application acceleration and application security technologies. The company offers a range of B2B security products, including the Application Insight Web Application Firewall, Application Insight Secure Web Gateway, and Application Insight SSL Visibility Appliance, all of which are built on MONITORAPP's proprietary operating system. Their flagship product, the Application Insight WAF, is widely utilized by companies and public institutions in South Korea and is gaining traction in international markets such as Japan and China. To ensure comprehensive database protection, MONITORAPP has developed the Application Insight DFW, a database security gateway that integrates seamlessly with the WAF. Additionally, MONITORAPP provides Security-as-a-Service through its AIONCLOUD platform, which offers centralized security management, threat detection, and secure internet access. AIONCLOUD enhances security and performance across various environments, including data centers and multi-cloud setups, using high-performance proxy technology and a containerized cloud architecture. The company’s solutions are designed to safeguard internet traffic and applications while delivering ease of use and agility in cloud environments.

RIDI

Private Equity Round in 2022
RIDI Corporation is South Korea’s one of the largest digital content publication & distribution companies, mainly known for vitalizing the Korean e-book industry as well as empowering the web novel, webcomic, animation, articles, and news media. RIDI believes that rich imagination and deep insight serve as nutrients to make the human mind fertile and delivers them through its digital contents.

MORAI

Series B in 2022
MORAI Inc. is a technology company that specializes in developing a simulation platform for autonomous vehicles. Founded in 2018 and headquartered in Seoul, South Korea, with an additional office in San Francisco, California, MORAI creates a three-dimensional virtual environment that closely mimics real-world road conditions. This platform allows for the testing and enhancement of autonomous driving algorithms, providing valuable verification and validation solutions for automotive companies. Additionally, MORAI offers custom-built simulation services and datasets to support advanced algorithm development, helping self-driving car engineers and manufacturers effectively address scenarios that are challenging to replicate in real-world testing. By leveraging its artificial intelligence-enabled platform, MORAI aims to reduce the costs associated with verifying autonomous driving technology while enhancing overall response capabilities.

Datarize

Series A in 2022
Datarize is a company based in Seoul, South Korea, specializing in marketing automation solutions tailored for the commerce industry. Founded in 2019, it offers data-driven software-as-a-service (SaaS) solutions that facilitate the analysis of customer behavior in real time. Datarize provides tools such as action banners for website visitors and targeted messages for potential customers who have not engaged with the site. By leveraging complex data analysis, the company enables businesses to enhance customer engagement and effectively manage their marketing campaigns through various automated strategies.

Dealicious

Series C in 2022
Dealicious operates as an online marketplace designed to connect fashion wholesalers and retailers on a global scale. By facilitating direct access to a vast selection of quality merchandise, including clothing, bags, shoes, and accessories, Dealicious streamlines the wholesale purchasing process. The platform primarily focuses on the Dongdaemun fashion district in South Korea, renowned for its concentration of fashion manufacturing and distribution within a compact area. With approximately 11,000 registered wholesale stores, Dealicious enables retailers to browse and order from a diverse array of items, with 24,000 new products added daily. This approach eliminates the need for retailers to visit physical markets, allowing them to save valuable time and resources. Dealicious is committed to enhancing the user experience by continuously developing customer-centric services that ensure seamless access to high-quality products in the Korean fashion market.

42Maru

Series A in 2021
42Maru, Inc. is a South Korean technology company established in 2015, specializing in the development of advanced search engine technology designed for artificial intelligence applications. The firm focuses on creating a deep learning-based question-answering system that accurately interprets user intent and provides precise answers in real-time. Its technology encompasses various domains, including information retrieval, machine reading comprehension, and natural language processing, making it applicable across multiple sectors such as smart speakers, connected cars, chatbots, and home automation devices. 42Maru stands out in the market due to its high accuracy, efficient knowledge base expansion, and low operational costs. The company aims to penetrate the consumer market through strategic B2B2C alliances while supporting multiple languages for global expansion. With a team of experts led by a CEO with over 20 years of industry experience, 42Maru has formed partnerships with major telecommunications companies and financial institutions, positioning itself at the forefront of the emerging AI-driven search paradigm.

Organoid Sciences

Series B in 2021
Organoid Sciences is a biotechnology company founded in 2018 and located in Seongnam-si, South Korea. The company specializes in developing organoid-based therapies using its proprietary Keo cannabinoid technology to address various incurable diseases. In addition to drug development, Organoid Sciences provides drug screening services and focuses on regenerative medicine, aiming to advance treatment options through innovative approaches.

Wadiz

Series D in 2021
Wadiz is a prominent crowdfunding platform in South Korea that specializes in both product and equity-based crowdfunding. It connects entrepreneurs and startups with potential investors, facilitating the funding of creative projects and innovative businesses. With a user base of 6.6 million members and 10 million monthly visitors, Wadiz has become a significant player in the crowdfunding landscape, managing over 18,000 projects annually and accumulating a transaction value exceeding $1 billion. Recognized as one of Korea's top game-changing brands, the platform enhances the entrepreneurial ecosystem by providing valuable opportunities for businesses to secure funding while allowing investors to engage with emerging companies at an early stage. Wadiz is preparing to go public on the Korean stock market, further solidifying its position in the industry.

Brandi

Series C in 2021
Brandi is a vertical commerce company founded in 2014 and headquartered in Seoul, South Korea. It operates a retail platform specializing in the fashion and beauty sectors, providing both B2C and B2B shopping experiences. Brandi offers a diverse range of products, including clothing, cosmetics, and home interior items. The company focuses on creating a connected ecosystem that links manufacturers, wholesalers, and consumers, thereby aiding young individuals in engaging with current fashion trends. Through its platform, Brandi aims to make various clothing brands accessible to customers at affordable prices.

Rocket Punch

Series B in 2021
Rocket Punch (로켓펀치) is a Korean digital marketing team that provides planning and designing services.

Fount

Series C in 2021
Fount Inc. is an asset management Robo-Advisor company that was founded in 2015 and is headquartered in Seoul, South Korea. The firm specializes in providing customized financial portfolios through its investing algorithm, which leverages Big Data technology and advanced computer algorithms. Fount's Robo-Advisor engine, Bluewhale, determines the optimal combination of assets by integrating financial engineering technology with asset allocation theories. The company's approach emphasizes passive investing, aiming to align investment strategies with clients' goals and risk tolerances over various time horizons. By utilizing AI technology, Fount enables clients to effectively monitor financial markets and adjust their asset allocations in response to market changes.

Mom-sitter

Series B in 2021
Mom-sitter is a childcare platform based in Seoul, Korea, that connects parents with caregivers for children aged 0 to 13 years. The platform allows parents to find babysitters by providing detailed information about caregivers, including their specialties and legal backgrounds. This service aims to assure parents of the trustworthiness and qualifications of the caregivers, facilitating ideal matches between families and babysitting professionals. By focusing on the specific needs of both parties, Mom-sitter enhances the childcare experience for parents seeking reliable and skilled babysitting services.

Dohands

Series B in 2021
Dohands Corporation is a logistics service provider based in Seoul, South Korea, specializing in solutions for e-commerce sellers. Founded in 2013, the company offers a range of services including overseas shipping, logistics consulting, inventory management, and short-term delivery options. Dohands also provides logistics alternatives for crowdfunding, pre-orders, and promotional activities, facilitating cost-effective and efficient transportation and delivery of products for businesses. Through its customized services, Dohands aims to enhance the logistics experience for e-commerce companies and streamline their supply chain operations.

Plasmapp

Venture Round in 2021
Plasmapp Co. Ltd. is a South Korean company that specializes in plasma engineering technology, focusing on the development of innovative solutions for sterilization and disinfection. Founded in 2015 and based in Daejeon, the company has created a range of products, including PMPS, a multi-purpose atmospheric plasma system designed for producing plasma-treated water and sterilizing medical devices. Additionally, Plasmapp has introduced STERPACK, a novel plasma sterilizer for medical tools, and PNCM, an in-situ NOx concentration monitoring system. The company leverages advanced plasma technologies, originally developed at KAIST, to provide state-of-the-art systems for various applications, including the unique plasma curing technology for processed meat. Plasmapp aims to be a key partner in delivering effective engineering solutions tailored to meet diverse industry needs.

SodaGift

Venture Round in 2021
SodaGift is an international gifting service firm that specializes in simplifying the gifting process for users across different countries. The company's platform enables customers to easily purchase and present gift cards from popular brands in the United States, South Korea, and Canada. With a focus on providing a seamless user experience, SodaGift supports multilingual customers and facilitates easy card payments along with real-time transmission of gifts. This allows users to effortlessly send gifts to family and friends back home while they are abroad.

Orum Therapeutics

Series B in 2021
Orum Therapeutics, Inc. is a private biotechnology company based in Daejeon, South Korea, founded in 2016. The company specializes in the research and development of a novel class of therapeutic antibodies through its proprietary cell-penetrating antibody platform, Oromab™. This platform is designed to target cytosolic proteins, addressing unmet medical needs in cancer and rare genetic diseases. Orum's approach enables the intracellular delivery of active antibody therapeutics or payloads, allowing it to inhibit drug targets that are typically considered undruggable by existing small molecules or antibody treatments. The technology is adaptable, capable of targeting various cell types and intracellular proteins without the need for chemical modifications. By merging the precision of antibodies with the efficacy of protein degraders, Orum aims to facilitate the development of new medicines that can effectively treat patients with challenging health conditions.

Toss

Series H in 2021
Toss is a South Korea-based mobile financial service platform developed by the fintech startup Viva Republica, established in 2011 by Seunggun Lee in Seoul. The platform offers a range of services aimed at simplifying financial management for users, including peer-to-peer money transfers, credit score management, and bank account oversight. Additionally, Toss provides access to loan and insurance plans, facilitates bill splitting, and supports QR payments. These features collectively enable users to handle their financial needs efficiently and conveniently.

Musicow

Series C in 2021
Musicow, Inc. is a company based in Seoul, South Korea, that operates an online platform facilitating the investment in music copyrights. Founded in 2017, Musicow allows musical artists to share their copyright with fans, enabling fans to invest in K-Pop songs through a public auction or an online marketplace. The platform offers users the ability to buy and sell fractional ownership of music rights, thereby creating opportunities for fans and investors to earn royalties based on the streaming and usage of the songs. Additionally, Musicow features a secondary marketplace for music copyright trading and project financing, enhancing participation in the music industry and allowing for potential returns on investments.

DEEPX

Series B in 2021
DEEPX is a Korean software and hardware company specializing in artificial intelligence solutions. It develops next-generation neural networks that enhance AI silicon for deep learning applications. By focusing on the core properties of neural networks, DEEPX maximizes memory bandwidth, enabling edge devices to efficiently run advanced AI models. This technology allows companies to implement power-efficient on-device AI, promoting sustainable operations in various applications.

Logispot

Series C in 2021
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.

Kmong

Series C in 2021
Kmong Inc. is a South Korean company that operates a freelance and micro-job marketplace, facilitating the exchange of services between individuals. Established in June 2012, the platform allows users to buy and sell a wide range of services across various categories, including design, IT and programming, marketing, consulting, translation, writing, and more. Freelancers can list their services with price quotes, making it easier for potential clients to find and engage with them. Kmong's services extend beyond traditional categories to include offerings like private lessons and unique personal services. The company is based in Seoul and provides a mobile application for Android devices, enhancing accessibility for users.

OPENEDGES Technology

Series C in 2021
OPENEDGES Technology researches AI acceleration technology to contribute to democratizing AI innovation. The company provides IP technology for smart computing, enabling Internet of Smart Things. The company provides IPs in two technology sectors of smart computing highly efficient AI acceleration and high-performance memory subsystem including DDR memory controller and on-chip interconnect IP. The company offers the needed boost to performance, efficiency, and reliability. OPENEDGES Technology was founded on 2015 and is headquartered in Seoul, Korea.

SolarConnect

Series C in 2021
SolarConnect, Inc. is a South Korean company that specializes in the production of solar energy and provides information technology-based energy solutions. Established in 2016 and headquartered in Seoul, the company operates solar energy plants and installs solar panels in residential areas and apartments. SolarConnect aims to integrate innovative financial and technological solutions into the solar and energy industries, contributing to the advancement of sustainable energy practices.

Huinno

Series B in 2020
Huinno, Inc. is a healthcare technology company established in 2014 and headquartered in Boston, Massachusetts, with additional offices in New York and Seoul. The company specializes in developing advanced healthcare devices designed to monitor vital health data, including blood pressure, heart rate, electrocardiograms (ECG), and blood oxygen saturation levels. Utilizing proprietary wearable devices along with AI-based analytics, Huinno aims to transform the management of chronic cardiac diseases by providing continuous, real-time health monitoring with clinical-grade accuracy. Their platform includes an application and a cloud-based ecosystem that facilitates longitudinal trend analysis of patients' health metrics, medication compliance, and lifestyle habits. By offering healthcare providers a robust remote patient monitoring solution, Huinno enhances chronic disease prevention and reduces hospital readmission rates, ultimately supporting clinicians in making informed medical decisions.

Skelter Labs

Series B in 2020
Skelter Labs Inc., founded in 2015 and based in Seoul, South Korea, specializes in developing artificial intelligence-based applications. The company focuses on creating AI solutions that enhance user experiences and drive digital transformation. Skelter Labs offers a range of products, including BELLA QNA, an enterprise data + LLM QNA Chatbot; BELLA LLM, an exclusive LLM for enterprise use; AIQ+ Chat, a task-oriented LLM chatbot builder; AIQ+ Speech, which provides STT/TTS solutions; and AIQ+ Answer, a MRC search assistant. These products are designed to integrate seamlessly into businesses, leveraging the expertise of AI professionals to unlock the potential of enterprises in various industries.

42Maru

Debt Financing in 2020
42Maru, Inc. is a South Korean technology company established in 2015, specializing in the development of advanced search engine technology designed for artificial intelligence applications. The firm focuses on creating a deep learning-based question-answering system that accurately interprets user intent and provides precise answers in real-time. Its technology encompasses various domains, including information retrieval, machine reading comprehension, and natural language processing, making it applicable across multiple sectors such as smart speakers, connected cars, chatbots, and home automation devices. 42Maru stands out in the market due to its high accuracy, efficient knowledge base expansion, and low operational costs. The company aims to penetrate the consumer market through strategic B2B2C alliances while supporting multiple languages for global expansion. With a team of experts led by a CEO with over 20 years of industry experience, 42Maru has formed partnerships with major telecommunications companies and financial institutions, positioning itself at the forefront of the emerging AI-driven search paradigm.

Riiid

Series D in 2020
Riiid is a global innovator in AI-powered education solutions, specializing in adaptive assessment platforms that personalize learning experiences for students worldwide. Launched in 2017 with Santa TOEIC, its flagship product has reached over one million users in Korea alone, demonstrating proven efficacy. Expanding globally, Riiid operates Santa TOEIC in Japan and offers Santa SAT in Vietnam. Its scalable AI technology provides each student with a personalized tutor, enhancing learning outcomes while reducing costs compared to traditional methods. By democratizing educational opportunities, Riiid is rapidly transforming the learning landscape.

MakinaRocks

Series A in 2020
MakinaRocks is a global AI software startup founded in 2017 and headquartered in Seoul, South Korea. The company specializes in developing enterprise solutions that leverage machine intelligence to address industry-specific challenges. Its platform focuses on analytics and performance management, offering tools for predictive maintenance, operational optimization, and anomaly detection. By combining advanced artificial intelligence model development with practical applications, MakinaRocks enables businesses to enhance productivity and operational efficiency through cost-effective automation and intelligent control.

Fount

Series B in 2020
Fount Inc. is an asset management Robo-Advisor company that was founded in 2015 and is headquartered in Seoul, South Korea. The firm specializes in providing customized financial portfolios through its investing algorithm, which leverages Big Data technology and advanced computer algorithms. Fount's Robo-Advisor engine, Bluewhale, determines the optimal combination of assets by integrating financial engineering technology with asset allocation theories. The company's approach emphasizes passive investing, aiming to align investment strategies with clients' goals and risk tolerances over various time horizons. By utilizing AI technology, Fount enables clients to effectively monitor financial markets and adjust their asset allocations in response to market changes.

Ubix Therapeutics

Series B in 2020
Ubix Therapeutics, Inc. is a research and development company based in Seoul, South Korea, focused on the development of anti-cancer drugs utilizing a proprietary proteolysis targeting chimera platform. The company employs advanced inhibitor technology that degrades specific target proteins within cells, aiming to enhance therapeutic efficacy for various cancers. By binding to proteins associated with disease, Ubix Therapeutics seeks to provide life-saving medications for patients, thereby supporting both patients and medical professionals in the fight against cancer.

Influential

Series B in 2020
Influential Inc. is a South Korean company founded in 2008 that specializes in publishing books and audiobooks. It operates a subscription service for its online audiobooks, catering to a wide audience. Additionally, Influential organizes lectures and seminars featuring industry experts, offering professional speaking services to companies and organizations around the globe. The company's focus on disseminating knowledge through various formats positions it as a key player in the educational and professional development sectors.

Codeit

Series A in 2020
Codeit is an educational technology company that provides an interactive online platform focused on teaching programming and data science. Acknowledging the growing demand for software skills, Codeit addresses the education gap by offering improved content, a user-friendly platform, and affordable pricing. With over 100,000 students, most of whom are seeking career changes, the company aims to foster a love for learning beyond just transmitting knowledge. Initially established in South Korea, Codeit plans to expand its global reach and diversify its course offerings to include subjects such as design, marketing, and product management. Through practical learning examples and engaging educational services, Codeit is committed to equipping individuals with essential digital skills for the modern workforce.

Odd Concepts

Series B in 2020
Odd Concepts Inc. is a technology company specializing in computer vision and artificial intelligence solutions. Founded in 2012 and based in Seoul, South Korea, it offers a comprehensive portfolio of image recognition and search technologies delivered as a cloud-based API service. The company's innovative platform is designed to meet diverse customer needs by allowing for the tuning and combination of analysis engines to achieve optimal results. Additionally, Odd Concepts develops software for video content searches, facilitating connections between offline retail businesses and online markets. This enables clients to conduct product data analysis and provide personalized product recommendations, enhancing the overall shopping experience.

SOS Lab

Series A in 2020
SOS Lab is a specialized company that develops and manufactures LiDAR technology, which utilizes lasers to measure distances and shapes of surrounding environments. The company focuses on creating innovative solutions for self-driving cars, highlighted by its hybrid LiDAR system, the SL-1. This long-range system combines traditional motor scanning with a solid-state MEMS mirror, offering a more affordable option compared to existing products in the market. In addition to the SL-1, SOS Lab provides two other LiDAR products, the GL-3 for factory automation and robotics, and the TL-3 for security and automatic doors. The company aims to enhance its offerings by integrating hardware-based sensors with AI-driven object recognition and tracking technologies, using 3D point cloud data. SOS Lab collaborates with automotive electronics partners and global semiconductor firms to advance its next-generation Solid-State LiDAR. With research and development centers in Seoul and Gwangju, alongside business operations in Silicon Valley, SOS Lab seeks to expand its global presence and contribute to the self-driving and advanced driver-assistance systems (ADAS) markets.

RIDI

Series E in 2020
RIDI Corporation is South Korea’s one of the largest digital content publication & distribution companies, mainly known for vitalizing the Korean e-book industry as well as empowering the web novel, webcomic, animation, articles, and news media. RIDI believes that rich imagination and deep insight serve as nutrients to make the human mind fertile and delivers them through its digital contents.

Kakao Enterprise

Venture Round in 2020
Kakao Enterprise Corp., established in 2019 and headquartered in Seongnam-si, South Korea, operates an information technology platform specializing in AI technologies and services for businesses across sectors such as healthcare, finance, distribution, and construction. The company offers platforms like Kakao i Connect, Kakao i, and Kakao Work, aiming to facilitate digital transformation through innovative solutions including cloud services, data analysis, and AI engine capabilities.

Skelter Labs

Series B in 2019
Skelter Labs Inc., founded in 2015 and based in Seoul, South Korea, specializes in developing artificial intelligence-based applications. The company focuses on creating AI solutions that enhance user experiences and drive digital transformation. Skelter Labs offers a range of products, including BELLA QNA, an enterprise data + LLM QNA Chatbot; BELLA LLM, an exclusive LLM for enterprise use; AIQ+ Chat, a task-oriented LLM chatbot builder; AIQ+ Speech, which provides STT/TTS solutions; and AIQ+ Answer, a MRC search assistant. These products are designed to integrate seamlessly into businesses, leveraging the expertise of AI professionals to unlock the potential of enterprises in various industries.

3billion

Series B in 2019
3billion, Inc. is a genetic testing company based in Seoul, South Korea, founded in 2016. The company focuses on providing comprehensive genetic testing and analysis services specifically for patients with rare diseases. By leveraging bioinformatics and machine learning technologies, 3billion has significantly reduced both the time and costs associated with genome interpretation. Its artificial intelligence-driven diagnostic testing covers a wide range of genes and diseases, facilitating fast and accurate diagnoses. This innovative approach enables healthcare providers to more effectively identify genetic conditions, ultimately improving health outcomes for patients.

Achats Group

Series B in 2019
Achats Group is a media commerce company based in Seoul, South Korea, founded in 2017. Specializing in video content, the company provides a range of content-based marketing services, including product marketing, creative media, performance marketing, and trendy marketing. By leveraging data-driven analysis of market trends and customer preferences, Achats Group aims to enhance business efficiency and profitability for its clients. The firm’s platform also focuses on creating marketing videos tailored for social networks, allowing businesses to effectively engage their target audiences.

Lemonex

Series B in 2018
Lemonex Inc. is a biotechnology company based in Seoul, South Korea, that focuses on developing and commercializing innovative solutions for cancer treatment and other intractable diseases. Founded in 2013, the company specializes in cancer immunotherapeutics, antibody therapeutics, and gene therapeutics. Lemonex is known for its drug delivery technology, including DegradaBALL, which facilitates the internalization of drug candidates into cultured cells and lesions. Additionally, it has developed PANGO, a drug screening technology that enables rapid evaluation of antiviral drugs from a library of candidates. With a commitment to advancing biotherapeutics, Lemonex aims to enhance the efficacy and precision of drug delivery in clinical settings.

BBB

Series B in 2018
BBB Technologies Inc., established in 2014, is a Mountain View, California-based company with additional offices in Seoul and Shenzhen. It specializes in developing mobile healthcare technologies, notably the Elemark device, which provides real-time blood diagnostic testing for over 50 conditions using just one drop of blood. The company's platform offers actionable insights, enabling early stage diagnosis, better care, and informed treatment decisions for researchers, doctors, and patients worldwide. BBB Technologies has been recognized for its innovative work, winning awards such as the 2015 TechCrunch Seoul and TechinAsia @beGlobal Seoul.

Classting

Venture Round in 2018
Classting, Inc. is a South Korean company that develops a productivity application aimed at enhancing communication within educational settings. The platform serves as a social media tool, connecting educators, students, and parents both inside and outside the classroom. By providing an effective Learning Management System (LMS) and a suite of educational services, Classting addresses the diverse needs of students and teachers, facilitating personalized learning experiences through the use of big data and artificial intelligence. The company collaborates with over 20 content providers to deliver tailored educational resources, thereby helping students learn more effectively. Through its innovative approach, Classting seeks to improve classroom communication and support the varied learning levels of students.

VITCON

Series A in 2018
Vitcon Inc. is a South Korean company based in Seoul that specializes in Internet of Things (IoT) solutions. It develops and supplies MODLINK, a built-in controller that integrates advanced software and hardware technologies. Vitcon's offerings include free software designed to empower non-software engineers to easily connect to and configure IoT systems using MODLINK. Through its innovative products and services, Vitcon aims to simplify the IoT experience, making it accessible to a broader audience.

3billion

Series A in 2018
3billion, Inc. is a genetic testing company based in Seoul, South Korea, founded in 2016. The company focuses on providing comprehensive genetic testing and analysis services specifically for patients with rare diseases. By leveraging bioinformatics and machine learning technologies, 3billion has significantly reduced both the time and costs associated with genome interpretation. Its artificial intelligence-driven diagnostic testing covers a wide range of genes and diseases, facilitating fast and accurate diagnoses. This innovative approach enables healthcare providers to more effectively identify genetic conditions, ultimately improving health outcomes for patients.

BlockOdyssey

Seed Round in 2018
BlockOdyssey Inc. is a technology start-up based in Daejeon, South Korea, specializing in blockchain-based distribution management solutions. The company focuses on providing industry-specific applications such as anti-counterfeiting systems, data storage, and currency exchange. Its primary offering is a blockchain platform that integrates logistics and distribution history management, enabling reliable data sharing among businesses. This platform employs advanced authentication methods, including digital signature QR codes, to ensure the security and integrity of logistics information. BlockOdyssey has garnered investment from prominent companies, including Asia's largest cosmetic firm, and is actively collaborating with pharmaceutical companies in France to enhance its offerings.

Syntekabio

Series B in 2018
Syntekabio, Inc. is a bioinformatics company based in Daejeon, South Korea, founded in 2009. The firm specializes in genome analysis and the integration of bio data, utilizing advanced algorithms to create personal genome maps that facilitate disease prevention and the development of customized medications. Syntekabio also offers a technology for collecting and integrating decrypted whole genome data, which is instrumental in analyzing diseases, including rare conditions. Their MAHA supercomputer significantly reduces data-processing costs and enhances genome-based diagnostics. The company focuses on gene-related research and technology development, leveraging a genome big data platform and artificial intelligence for drug development and genetic analysis.

Copus Korea

Venture Round in 2018
Copus Korea Co., Ltd. is a digital content provider based in Seoul, South Korea, founded in 2005. The company specializes in the content and e-commerce sectors, focusing on the distribution of drama and film productions as well as subtitle production services, which include editing and conversion of various media formats. In addition to its film-related activities, Copus Korea has developed the i♥STAR application to support fans and operates My Little Pouch, an e-commerce platform that offers cosmetics and accessories targeted at female consumers in Japan. The company also provides content marketing services, positioning itself as a versatile player in both the digital content and online retail landscapes in Korea and Japan.

Toss Lab

Venture Round in 2018
Toss Lab, Inc. is a company that specializes in developing collaboration tools designed to enhance communication and project management within organizations. Its primary product, JANDI, is a group-oriented messaging platform that integrates various collaboration features, including group messaging, task and project management, file searching, and archiving services. This platform is tailored for workplace environments, enabling users to effectively communicate and manage their projects. Founded in 2014 by Daehyun Kim and Daniel Chan, Toss Lab is headquartered in Seoul, South Korea, and has expanded its presence with additional offices in Kuala Lumpur, Malaysia, and Taipei City, Taiwan. The company serves a diverse range of clients, including businesses, non-profit organizations, and educational institutions across Asia and internationally.

Fadu

Series A in 2017
FADU Inc. is a fabless semiconductor company specializing in innovative memory and storage solutions. Established in 2015 and headquartered in Seoul, South Korea, with an additional office in Mountain View, California, FADU focuses on developing advanced Flash storage technology and architecture. The company's product lineup includes the FADU Annapurna and FADU Bravo SSD controllers, which are designed to meet the increasing data demands in enterprise data centers. With a team comprised of skilled architects, ASIC experts, and seasoned engineers from leading firms, FADU aims to introduce next-generation products that will redefine standards within the industry. As a newcomer in this competitive field, FADU is committed to leveraging innovative ideas to address the challenges posed by rapidly evolving data requirements.

Wantedlab

Series B in 2017
Wantedlab, Inc. operates a crowd recruiting platform that enables users to refer job applicants to companies and earn rewards when those applicants are hired. Founded in 2015 and headquartered in Seoul, South Korea, the platform has attracted over 5,000 companies and hundreds of thousands of users. Notable clients include IBM, Facebook, Microsoft, eBay, WeWork, Rakuten, and Tencent, all of which utilize Wanted to identify and recruit top talent in Asia. Since its inception, Wantedlab has raised over $20 million in funding and is actively expanding its presence to major cities worldwide.

G+FLAS Life Sciences

Series A in 2017
G+FLAS Life Sciences Co., Ltd. is a South Korean biotechnology company founded in 2014, specializing in advanced genome editing technologies, particularly CRISPR-Cas. The company focuses on developing innovative agricultural products, most notably vitamin D3-enriched tomatoes, which aim to enhance nutritional value and cater to the growing demand for functional foods. By applying its proprietary CRISPR-PLUS technology, G+FLAS is able to create glycoengineered plants with improved health benefits, addressing critical market needs in both agricultural biotechnology and human health. The company also operates plant cultivation facilities for pharmaceuticals and engages in research related to anticancer therapies and drug development. Its strategic partnership with Bayer facilitates the commercialization of its technologies, positioning G+FLAS for significant growth in the global market. The company's innovations not only offer a sustainable, plant-based source of vitamin D3 but also target health-conscious consumers, aiming to capture a substantial share of the US tomato market, valued at approximately $18 billion. With its cutting-edge solutions, G+FLAS Life Sciences is poised to make a significant impact on global health and agricultural sustainability.

Vendys

Series A in 2016
Vendys Inc. is a South Korean company that specializes in mobile meal management solutions for office workers. Established in 2014 and headquartered in Gyeonggi-do, Vendys provides a platform that facilitates the management of meals through a mobile application, enhancing employee engagement between staff and employers. The company offers a range of services, including mobile food stamps, canteen meal coupons, and promotional discount coupons, in addition to staff management and sales sourcing solutions. By partnering with local restaurants, Vendys aims to improve dining culture and convenience for employees, simplifying the meal management process for organizations.

Mr.Pic

Seed Round in 2015
Mr.Pic Corp. is a South Korean company that operates an online portal providing comprehensive information about new and used vehicles. Launched in February 2014, the platform serves as a comparative estimation tool, offering users access to detailed vehicle specifications, engine ratings, safety statistics, and information about dealerships, including their past performance. This enables potential buyers to make informed decisions regarding their vehicle purchases. In addition to automotive data, Mr.Pic also covers topics related to lifestyle and gaming, expanding its reach beyond just automobiles. Based in Seoul, the company aims to streamline the car-buying process and enhance the overall consumer experience in the automotive market.

H2

Venture Round in 2015
H2, Inc. is a South Korea-based company specializing in advanced energy storage solutions, particularly through the manufacture of vanadium redox flow batteries (VRFB). The company produces a range of products, including the EnerFLOW 410, a modular storage system, and the EnerFLOW 420, an integrated container-type system. H2's innovative design and manufacturing capabilities in VRFB technology position it as a key player in the growing market for large-scale and long-duration energy storage. The company's offerings also include microgrid power supply systems and renewable energy integration, aimed at enhancing energy flexibility and efficiency while reducing CO2 emissions. Through these solutions, H2 addresses various energy sector challenges and supports the transition to sustainable energy systems.

DATANG MOBILE COMMUNICATIONS EQUIPMENT

Venture Round in 2006
Datang Mobile Communications Equipment Co., Ltd (hereinafter referred to as ‘Datang Mobile'), registered and established in Beijing on February 8, 2002, is one of the core members of Datang Telecom Technology and Industry Group (hereinafter referred to as ‘Datang Group'). The company headquarters in Beijing, with one subsidiary in Shanghai and one branch in Xi' an.

Enerzai

Enerzai is an artificial intelligence technology company based in Seoul, South Korea, that specializes in developing advanced solutions for the oil and gas engineering sector. The company creates autonomous drilling systems that enable real-time supervision, monitoring, and control of physical processes. Enerzai's technology includes capabilities for sensing and manipulating these processes, enhancing operational efficiency. Additionally, the company provides services related to Microcontroller Units, Central Processing Units, and application processors. This technology facilitates AI applications in various domains, including smart sensors, wearable devices, and robotics, allowing clients to optimize costs by transitioning from costly GPU instances while reducing model size and inference time.
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