Neoplux

Neoplux Co., Ltd. is an investment firm based in Seoul, South Korea, founded in 2000 as the corporate venture capital arm of Doosan Corp. It specializes in investing in early-stage, growth, and mature companies, primarily within sectors such as communication, information technology, healthcare, energy, and retail. Neoplux focuses on South Korea, particularly in regions including Seoul, Incheon, Chungbuk, Chungnam, and Gyeongbuk province. In addition to its investment activities, the firm offers business consulting and project management services, assisting clients with performance improvement, cost reduction, and the construction of operational systems. Neoplux aims to maintain control over its investments, seeking to enhance operational efficiency within client companies. The firm was acquired by Shinhan Venture Investment in July 2020.

Joo-Han Park

Team manager

34 past transactions

Ninjacart

Series D in 2021
Ninjacart operates an online business-to-business platform in India that connects farmers, manufacturers, and brands with retailers and restaurants to streamline the fresh produce supply chain. The platform enables direct sourcing of fruits and vegetables from farmers to merchants, leveraging data-driven infrastructure and networks to meet store-specific needs through local managers, resulting in faster, more cost-effective procurement. Founded in 2015 and headquartered in Bengaluru, the company focuses on creating a lean, connected distribution model that improves efficiency for retailers and reduces intermediaries in the supply chain.

UPRISE

Series B in 2021
UPRISE creates self-driving investment services.

MyGlamm

Series C in 2021
MyGlamm is a direct-to-consumer beauty brand that offers an online beauty products marketplace with international spa and salon products. The company uses a combination of technology, content, and social media to allow consumers to not only discover its products but also create rich, personalized, content and tutorial. MyGlamm was founded in 2015 and is headquartered in Mumbai, Maharashtra.

N.CODE

Series B in 2021
D.Code operates an e-commerce platform that connects customers directly with European luxury boutiques, offering a diverse selection of over 700 luxury brands and 100,000 items. The platform provides accurate product information, detailed descriptions, and competitive pricing, typically around 20% lower than retail prices in Korea. In addition to its curated shopping experience, D.Code offers personalized concierge services to enhance customer satisfaction. The company utilizes customer data to develop a fashion trend algorithm, enabling better purchasing decisions and assisting sellers with product sourcing and marketing strategies. By collaborating directly with luxury boutiques, D.Code ensures high-quality service and reasonable pricing, creating an efficient marketplace for luxury goods.

ABLY

Series B in 2020
ABLY is a fashion platform and open e-commerce marketplace that enables sellers and influencers of various sizes to open online stores and offer products across fashion, beauty, lifestyle, and food. It operates a mobile app powered by a proprietary AI recommendation algorithm that personalizes product selections for each user, delivering curated shopping experiences.

Grip

Series B in 2020
Grip is a mobile application that offers to sell products, update stories, go online and chat communication to sellers.

Bira 91

Series B in 2020
Bira 91 is a craft beer brand established by B9 Beverages in 2015. Initially, the company produced its beer in Belgium, using a craft distillery to source ingredients from France, Belgium, the Himalayas, and Bavarian Farms. Following early success, Bira 91 transitioned to manufacturing in India, where it now operates five breweries. The brand offers a diverse range of beers, including low bitterness and high alcohol wheat beers, and is available in various formats such as draft, 330ml bottles, 650ml bottles, and 500ml cans. Bira 91's products can be found in over 600 towns and cities across 18 countries, bolstered by a partnership with Kirin Holdings, a Japanese beverage company. The brand focuses on delivering unique and flavorful craft beers to consumers seeking authentic beverage alternatives.

StradVision

Series B in 2019
Founded in 2014, StradVision develops perception algorithms for advanced driver assistance systems and autonomous vehicles. Its core product, SVNet, enables external vehicle perception through various platforms to detect and recognize objects, while SVNet Internal monitors driver and passenger status for personalized vehicle settings. StradVision's Auto Labeling Tool automates object annotation for efficient data processing. With headquarters in San Jose, USA, and R&D centers globally, the company is renowned for its high-performing machine learning algorithms and extensive patent portfolio.

HungerBox

Series C in 2019
HungerBox is a Bangalore-based B2B food and beverage technology company founded in 2015 by Sandipan Mitra and Uttam Kumar. It specializes in providing digital cafeteria management solutions for corporate clients. The company offers an online platform that enables employees to order food for delivery at the office or during corporate events, enhancing the overall food experience. By facilitating seamless interactions between employees and food vendors, HungerBox allows for the use of reimbursement benefits offered by employers, while providing vendors with visibility through daily reports. The company's mission is to improve employee productivity by delivering a safe and healthy, technology-driven food service.

Twinny

Series A in 2019
Twinny is a company focused on the development of self-driving robots and associated software aimed at enhancing operational efficiency in various environments. Its technology employs depth cameras to accurately track pre-registered objects within complex settings, allowing the robots to navigate and perform tasks effectively. Designed for deployment in factories and warehouses, Twinny's autonomous mobile order pickup machines adapt to changing production lines and surroundings, enabling seamless operation. By providing a solution that can work continuously without fatigue, the company helps clients reduce labor costs while increasing productivity.

UPRISE

Series A in 2019
UPRISE creates self-driving investment services.

Bira 91

Series B in 2019
Bira 91 is a craft beer brand established by B9 Beverages in 2015. Initially, the company produced its beer in Belgium, using a craft distillery to source ingredients from France, Belgium, the Himalayas, and Bavarian Farms. Following early success, Bira 91 transitioned to manufacturing in India, where it now operates five breweries. The brand offers a diverse range of beers, including low bitterness and high alcohol wheat beers, and is available in various formats such as draft, 330ml bottles, 650ml bottles, and 500ml cans. Bira 91's products can be found in over 600 towns and cities across 18 countries, bolstered by a partnership with Kirin Holdings, a Japanese beverage company. The brand focuses on delivering unique and flavorful craft beers to consumers seeking authentic beverage alternatives.

HUINNO

Series A in 2019
Founded in 2014, HUINNO is a digital health company headquartered in Boston with offices in New York and Seoul. It develops healthcare devices to monitor vital signs such as blood pressure, heart rate, ECG, and SpO2, offering real-time data analysis via its app and cloud-based ecosystem. The company focuses on improving chronic cardiac disease management through wearable technology and AI-driven analytics.

Grip

Series A in 2019
Grip is a mobile application that offers to sell products, update stories, go online and chat communication to sellers.

Wadiz

Series C in 2019
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.

Triple

Series B in 2019
Triple is a travel data services startup that operates a travel booking application connecting travelers with the tourism industry, enabling users to book hotels and restaurants and to access information on weather, currency, directions, translation, time differences and sightseeing spots to help plan and arrange trips abroad.

Ninjacart

Series B in 2018
Ninjacart operates an online business-to-business platform in India that connects farmers, manufacturers, and brands with retailers and restaurants to streamline the fresh produce supply chain. The platform enables direct sourcing of fruits and vegetables from farmers to merchants, leveraging data-driven infrastructure and networks to meet store-specific needs through local managers, resulting in faster, more cost-effective procurement. Founded in 2015 and headquartered in Bengaluru, the company focuses on creating a lean, connected distribution model that improves efficiency for retailers and reduces intermediaries in the supply chain.

Mech Mocha

Funding Round in 2018
Mech Mocha operates India's pioneering real-time multiplayer gaming platform, catering primarily to the next billion Indians. The company specializes in developing a diverse portfolio of real-time multiplayer games, including popular titles like ludo, cricket, rummy, and snake and ladder, all designed with Indian users in mind. These games are available in various Indian languages, fostering inclusivity and accessibility. Users can engage in competitive gameplay and stand a chance to win exciting gift cards and rewards.

SCM Lifescience

Series C in 2018
SCM Lifescience, founded in 2014, focuses on the research and development of innovative treatment options for challenging diseases. The company utilizes proprietary technologies for stem cell isolation and production, aiming to create new therapies that offer hope to patients and contribute to overall human welfare. Based in South Korea, SCM Lifescience is also involved in developing medicinal products and hair care solutions, leveraging its expertise in stem cell applications to address various health-related needs.

HungerBox

Series A in 2018
HungerBox is a Bangalore-based B2B food and beverage technology company founded in 2015 by Sandipan Mitra and Uttam Kumar. It specializes in providing digital cafeteria management solutions for corporate clients. The company offers an online platform that enables employees to order food for delivery at the office or during corporate events, enhancing the overall food experience. By facilitating seamless interactions between employees and food vendors, HungerBox allows for the use of reimbursement benefits offered by employers, while providing vendors with visibility through daily reports. The company's mission is to improve employee productivity by delivering a safe and healthy, technology-driven food service.

POPxo

Series C in 2018
POPxo is an online community and digital publication based in India, catering specifically to young urban women aged 18 to 34. Since its launch in March 2014, it has become a prominent resource for lifestyle content, covering topics such as fashion, beauty, lifestyle, weddings, and work. The platform reaches approximately 9 million users monthly, generating over 102 million content views. By providing engaging text and video content, POPxo connects with its audience through social media and mobile platforms. The company focuses on delivering data-driven insights that resonate with women, empowering them to navigate their lives confidently. POPxo monetizes its offerings through partnerships with brands, utilizing various formats such as native advertising, social posts, and events to engage this influential consumer demographic.

Watcha

Series C in 2018
WATCHA, Inc. is a South Korean company founded in 2011 and headquartered in Seoul, specializing in online interactive media services. It initially gained popularity as a movie review application, becoming a favorite in Korea for its personalized recommendation technology. Users rate movies, allowing WATCHA to predict their preferences for unseen films. In addition to its review platform, WATCHA launched a subscription video-on-demand service called WATCHA PLAY in 2016, which offers a wide selection of movies and TV series accessible across various devices, including web browsers, mobile platforms, and smart TVs. The service is noted for its highly accurate content recommendations, with a significant portion of consumed content driven by these suggestions. WATCHA has also expanded its presence internationally, having launched in Japan in 2015.

Licious

Series B in 2017
Licious is an innovative company in the Indian food industry focused on addressing the ongoing challenge of providing safe and high-quality fresh meat. It operates an online meat delivery platform that offers a variety of meat products, including fresh chicken, lamb, and seafood. Licious ensures that its products are carefully procured, processed, and stored, allowing consumers to conveniently receive fresh meat delivered directly to their homes. By enhancing the procurement and consumption of meat in India, Licious aims to transform the way meat is sourced and enjoyed by consumers across the country.

PeopleNStory

Series A in 2017
People & Story creates web novel content for webtoon production and for domestic and international content distribution. The company specializes in content creation and distribution. The company acquires and produces Webtoon and Webnovel IPs, expands infrastructure, and invests in a variety of content using adaptation rights.

HomeSaeng

Venture Round in 2015
HomeSaeng is the developer of the home service app Daeri Jubu. Daeri Jubu provides aid with various home services including housekeeping, cooking, cleaning, packing, and babysitting. Unlike other home service apps, Daeri Jubu provides conditions, ratings, and prices beforehand and enables customers to compare with other services before deciding. The app has gained widespread attentions for its customized service and understanding of the needs of household services.

Fronto

Series B in 2015
Fronto is the world’s first mobile lock screen media, which displays curated articles, hot new apps and deals & promos to mobile users through the everyday lock screen in a perfectly seamless way. By simply waking up your phone, you can read trending articles, earn rewards, download coupons, learn new promotional deals. Our first product, Cashslide, was launched in Korea in Nov 2012, and it now has 14 mil users, 2.5 mil DAU and 150 mil PV, which makes it as the most preferred mobile ad channel among local advertisers. In Jul 2013, just 8 months after the launch, we successfully raised $4 mil in Series-A funding. In Apr 2015, we raised $14 mil in Series-B funding. We launched Fronto in the US in May 2014 and hit #1 in New Top Free in Lifestyle. We are looking for experienced mobile media professionals. Join us as a founding member of Fronto based in the SF Bay Area. We are redesigning everyday mobile experience. For more details, visit www.fronto.co and check our app here bit.ly/1ocOJKg

Obalon Therapeutics

Series D in 2015
Obalon Therapeutics, Inc. is a medical device company based in Carlsbad, California, that specializes in developing and commercializing innovative solutions for obesity treatment. The company's flagship product, the Obalon Balloon System, is designed to assist weight loss in obese patients through a swallowable capsule that contains an inflatable balloon. This system includes the Obalon Navigation System, which utilizes hardware and software to monitor the balloon's placement, as well as the Obalon Touch Inflation Dispenser, a semi-automated device for inflating the balloon post-placement. Founded in 2008, Obalon emphasizes engineering excellence and close collaboration with clinicians to create high-quality medical products aimed at improving patient outcomes. As of early 2020, the company operated three retail treatment centers in California, underscoring its commitment to providing accessible weight loss solutions.

RIDI

Series B in 2014
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.

Ridibooks

Series B in 2014
Ridibooks is a content portal that contains webtoons, web novels, comics, and e-books. Ridibooks produce all the fun stories in the world with original content from North America to the world .From novels to economics and business books, only verified bestsellers are collected and provided.

Polygon Games

Series A in 2014
Polygon Games is a Korean game developer based in Seoul, specializing in online multiplayer games for global markets. Founded in 2008, the company is known for its development of ASTA: The War of Tears and Winds, an upcoming massively multiplayer online role-playing game. With a focus on creating engaging gaming experiences, Polygon Games aims to cater to diverse audiences worldwide.

Pharmicell

Private Equity Round in 2014
Pharmicell is a South Korean biotechnology company specializing in the development and manufacture of biopharmaceutical medicines derived from stem cells. Its primary focus lies in creating therapeutic drugs using mesenchymal stem cells for various indications such as heart disease, brain/nerve disorders, pulmonary diseases, liver diseases, graft-versus-host disease, kidney transplant, impotence, and critical lower limb ischemia. Additionally, Pharmicell produces stem cell-based cosmetics.

G plus games

Series B in 2014
G Plus Games Co., Ltd. was founded in 2011 to create a new era of next gen online entertainment in the global market. By employs over 20 veteran developers who experienced to develop triple A online gaming products for many years, their goal is to create Final Bullet, next generation online shooter which can be published in over the world with groundbreaking brand-new technologies, features, functions and contents. As they are an independent studio, fully ready to work with any global publishers, on any platforms, and prepare any of culturalization and localization for game design, arts, digital materials, contents and development schedules in support their corporate vision.

LOC&ALL

Venture Round in 2013
LOC&ALL, established in May 2010 in Seoul, Korea, specializes in solutions, services, and systems for internet-connected smartphones, focusing on enhancing user experiences through location-based services. The company offers a car navigation application that transforms smartphones into touchscreen navigation devices, compatible with both iOS and Android platforms. Through its innovative approach, LOC&ALL aims to create enjoyable and efficient smartphone experiences for users.

StudyMax

Venture Round in 2012
StudyMax is a South Korean company specializing in online English learning for native students. It offers interactive tutorials, tools, and study programs tailored to non-English speakers, with features like badges and gamification. The platform is accessible on PCs and mobile devices.
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