SL Investment

SL investment (SLi) aims at a company with global standards through management by principle and transparency. SLi is a venture capital firm founded in February 2000 and has widely invested in the companies from early to mezzanine stage, in the field of semiconductors, display (AMOLED, LED, LCD), renewable energy, and health care industry. Since its incorporation, SLi has recorded black-ink balances for 12 consecutive years with zero debt and also has successfully dissolved all the five funds with outstanding earning rates. SLi tries to raise the value of venture companies not only by offering funds but by supporting the management omnidirectionally after its investment. Consequently, 31 companies have been successfully listed in KOSDAQ market for 12 years and all the companies have positioned as leading firms in their specific fields.

Minju Ahn

Executive Director

Jae-Sung Han

Managing Director

Hwanseok Jeon

Managing Director & Investment Officer

Jeon Jeong-seok

Managing Director & Investment Professional

Lee Sang-Jik

Executive Director and Investment Professional

Minjoo Ahn Ph.D

Executive Director & Investment Professional

Past deals in South Korea

D'CENT

Series A in 2021
D'CENT provides cryptocurrency hardware wallet for keeping crypto assets secure.

UrbanPlay

Series A in 2021
UrbanPlay Inc. is a Seoul-based company established in 2013 that focuses on creating and curating urban culture content. The company collects and processes both tangible and intangible materials related to urban issues, providing a platform that facilitates engagement with these topics in innovative ways. UrbanPlay offers a range of online services, regional projects, multimedia content, and publications, all designed to foster a deeper understanding of urban environments. Additionally, the company operates a community platform that delivers various real estate content services, including space offerings, publishing, merchandise, and local marketing. By leveraging creators' contributions, UrbanPlay aims to build a sustainable urban cultural ecosystem that enhances neighborhood lifestyle services for users.

N.thing

Series B in 2021
N.THING, Inc. is an innovative company based in South Korea, specializing in the integration of Internet of Things (IoT) technologies within the gardening and agriculture sectors. Founded in January 2014, N.THING aims to foster a connection between people and nature through its various products and applications. The company offers a range of smart gardening solutions, including the Planty Cube, an internet-connected indoor farm equipped with LED technology and real-time monitoring systems; the Planty Square, a modular hydroponic kit that allows users to grow greens and herbs; and the Planty, the world's first internet-connected social pot, which enables users to monitor and care for their plants remotely. Additionally, the Life app serves as a digital gardening journal, allowing users to track their gardening activities and share experiences via social media. N.THING's mission is to simplify the gardening experience, making it accessible and enjoyable for everyone.

N.thing

Series B in 2021
N.THING, Inc. is an innovative company based in South Korea, specializing in the integration of Internet of Things (IoT) technologies within the gardening and agriculture sectors. Founded in January 2014, N.THING aims to foster a connection between people and nature through its various products and applications. The company offers a range of smart gardening solutions, including the Planty Cube, an internet-connected indoor farm equipped with LED technology and real-time monitoring systems; the Planty Square, a modular hydroponic kit that allows users to grow greens and herbs; and the Planty, the world's first internet-connected social pot, which enables users to monitor and care for their plants remotely. Additionally, the Life app serves as a digital gardening journal, allowing users to track their gardening activities and share experiences via social media. N.THING's mission is to simplify the gardening experience, making it accessible and enjoyable for everyone.

SeaWith

Series A in 2021
Producer of clean meat intended to prevent raising and slaughtering of livestock from existing livestock settings. The company develops clean meat, which is no different than actual meat, in a laboratory using their own cell culture medium using algae and 3-dimensional structures using seaweed, providing customers with cultured meat that is delicious and affordable.

WHYNOT Media

Series C in 2021
Whynot Media Co., Ltd. develops and operates a video content streaming platform. It offers web series, short films, and web dramas. Its web series include Secret Crushes, Always a Boyfriend, Never a Boyfriend, and Office Watch. Whynot Media Co., Ltd. was founded in 2016 and is based in Seoul, South Korea.

Nexel

Series B in 2021
Nexel is a biotechnology research firm focused on advancing drug discovery and biotherapeutics. The company specializes in developing high-quality induced pluripotent stem cell (iPSC) products using embryonic stem cell technology. By providing innovative solutions and drug discovery pipelines, Nexel aims to address unmet medical needs and enhance therapeutic options for various diseases.

Biobab AiBIO

Series A in 2021
Biobab AiBIO is a biotechnology company that develops drugs utilize artificial intelligence.

Lab n People

Series B in 2020
Lab & People is a HealthTech company that is improving the drug delivery system. We have developed a microneedle patch using bioabsorbable metals. Our microneedle patch uses thin, soft needles that penetrate directly into the skin layer containing gout cells, thus minimizing pain. It also increases transmission efficiency by using metals such as magnesium, zinc, and calcium, which are highly absorbable by the body. We have four products: 1. Flexible bioabsorbable metal Our flexible bioabsorbable metal technology secures biocompatibility according to ISO 10993. 19 kinds of materials were developed to provide mechanical properties. Decomposition characteristics can be controlled. Our wire rods are of similar technology to that produced by industry leader Fort Wayne Metals in the United States, and we are the only company producing this kind of metal plate worldwide. Innovative materials and products can be supplied to the implant and drug delivery market at an unrivaled level. 2. Bioabsorbable metal implant Micro-invasive aesthetic medical devices can lift faces, breasts, thighs, etc. within 15 minutes. We are expected to start clinical trials with this technology in 2021, with approval by 2022. After initial approval, material-related safety data can be used in the same way, thus securing a product portfolio and accelerating the approval period and commerical competitiveness over time. 3. Bioabsorbable metal microneedle We are the first in the world to commercialize microneedles with flexible bioabsorbable metal using only essential elements in the human body. In Korea, sales are expanding through our own distribution network (on/offline in Olive Young in 2020), and exports are expanding to Japan, Singapore, Hong Kong, and Russia. Our Microneedle Patch is a platform technology that enables the development of derivative products for each disease. NDAs (Confidentiality agreement) with global companies and pharmaceutical companies have been signed and discussions for cooperation are being initiated. 4. Minimal invasive medical device Minimally-invasive medical devices for treatment of spinal stenosis can remove lesions that cause spinal stenosis within 30 minutes without surgery. This technology is currently in the approval stage with the KFDA and is preparing for mass production. We are expected to generate sales from 2021.

SN BioScience

Series B in 2020
SN BioScience provide nano-formulation screening services for small molecule, oligonucleotide (siRNA, DNA), peptide and protein to deliver in the form of nano-micelle, nanoparticle or liposome. Their proprietary “double core-shell technology” and pool of acceptable lipids and polymers could help your research that having difficulties in solubility or delivery.

UrbanPlay

Series A in 2019
UrbanPlay Inc. is a Seoul-based company established in 2013 that focuses on creating and curating urban culture content. The company collects and processes both tangible and intangible materials related to urban issues, providing a platform that facilitates engagement with these topics in innovative ways. UrbanPlay offers a range of online services, regional projects, multimedia content, and publications, all designed to foster a deeper understanding of urban environments. Additionally, the company operates a community platform that delivers various real estate content services, including space offerings, publishing, merchandise, and local marketing. By leveraging creators' contributions, UrbanPlay aims to build a sustainable urban cultural ecosystem that enhances neighborhood lifestyle services for users.

WHYNOT Media

Series B in 2019
Whynot Media Co., Ltd. develops and operates a video content streaming platform. It offers web series, short films, and web dramas. Its web series include Secret Crushes, Always a Boyfriend, Never a Boyfriend, and Office Watch. Whynot Media Co., Ltd. was founded in 2016 and is based in Seoul, South Korea.

Lab n People

Seed Round in 2019
Lab & People is a HealthTech company that is improving the drug delivery system. We have developed a microneedle patch using bioabsorbable metals. Our microneedle patch uses thin, soft needles that penetrate directly into the skin layer containing gout cells, thus minimizing pain. It also increases transmission efficiency by using metals such as magnesium, zinc, and calcium, which are highly absorbable by the body. We have four products: 1. Flexible bioabsorbable metal Our flexible bioabsorbable metal technology secures biocompatibility according to ISO 10993. 19 kinds of materials were developed to provide mechanical properties. Decomposition characteristics can be controlled. Our wire rods are of similar technology to that produced by industry leader Fort Wayne Metals in the United States, and we are the only company producing this kind of metal plate worldwide. Innovative materials and products can be supplied to the implant and drug delivery market at an unrivaled level. 2. Bioabsorbable metal implant Micro-invasive aesthetic medical devices can lift faces, breasts, thighs, etc. within 15 minutes. We are expected to start clinical trials with this technology in 2021, with approval by 2022. After initial approval, material-related safety data can be used in the same way, thus securing a product portfolio and accelerating the approval period and commerical competitiveness over time. 3. Bioabsorbable metal microneedle We are the first in the world to commercialize microneedles with flexible bioabsorbable metal using only essential elements in the human body. In Korea, sales are expanding through our own distribution network (on/offline in Olive Young in 2020), and exports are expanding to Japan, Singapore, Hong Kong, and Russia. Our Microneedle Patch is a platform technology that enables the development of derivative products for each disease. NDAs (Confidentiality agreement) with global companies and pharmaceutical companies have been signed and discussions for cooperation are being initiated. 4. Minimal invasive medical device Minimally-invasive medical devices for treatment of spinal stenosis can remove lesions that cause spinal stenosis within 30 minutes without surgery. This technology is currently in the approval stage with the KFDA and is preparing for mass production. We are expected to generate sales from 2021.

SOS LAB

Series A in 2018
SOS Lab. Co., Ltd. designs, develops, and manufactures optical measurement sensors based on LiDAR technologies for autonomous vehicles. The company's products include SL-1 for self driven cars; GL-3 for drones, robots, or industrial automation systems; and TL-3 for subway screen doors. The company was founded in 2016 and is based in Gwangju, South Korea.

JLK

Venture Round in 2018
JLK, Inc. provides diagnosis support to the patients with it AI-driven solutions in South Korea. The company offers AI medical and AI security solutions. Its AI platform provides the on-site/real-time service that is connected to various systems built in the hospital and enables the professional needs of physicians to diagnose diseases. The company provides medical management, medical treatment, and medical service in brain diseases, such as ischemic stroke, hemorrhagic stroke, brain aneurysm, and Alzheimer’s disease; and in lung diseases, coronary artery disease, prostate cancer, and digital pathology. The company was formerly known as JLK INSPECTION Co.,Ltd. JLK, Inc. is headquartered in Cheongju, South Korea.

Caret Games

Venture Round in 2018
Caret Games is a company specialized in developing mobile games with over 50 employees based on South Korea. The company consists of talented developers and they are developing games with passion. Caret Games developed Full3D mobile MMORPG ‘RebirthM’ in the end of 2017. The company is trying to make a game which many people can enjoy and play for a long time, and the first is ‘RebirthM’. Caret Games services 'RebirthM'​ directly in South Korea and is currently preparing for global service. About "Rebirth M"​! The game also known as Rebirth: Shadow of Salvation, is a mobile MMORPG that’s supposed to rival PC MMORPGs. Made with Unity3D, the game boasts high graphics and PC-like gameplay experience. Now that it’s been more than a year since its announcement in South Korea, the game is finally out in Brazil which a global release will follow suit later.

Urbanbase

Venture Round in 2017
We provide a platform of VR and AR tools for architecture and interior design. Urbanbase has patented technology of creating 2D floorplans in 3D, AR and VR, in just a few seconds. Urbanbase offers B2C VR home furnishing platform and AR mobile application for revolutionary interior design experience, as well as B2B sales tool based on internally developed 3D, AR, VR APIs for various types of businesses such as real estate, home designing, retail and many more. Current clients include LG, iLoom, Daelim and over 40 interior / furniture companies.

Urbanbase

Series A in 2017
We provide a platform of VR and AR tools for architecture and interior design. Urbanbase has patented technology of creating 2D floorplans in 3D, AR and VR, in just a few seconds. Urbanbase offers B2C VR home furnishing platform and AR mobile application for revolutionary interior design experience, as well as B2B sales tool based on internally developed 3D, AR, VR APIs for various types of businesses such as real estate, home designing, retail and many more. Current clients include LG, iLoom, Daelim and over 40 interior / furniture companies.

Wantedlab

Series B in 2017
Wantedlab, Inc. operates a crowd recruiting platform that enables users to refer applicants to companies and receive rewards upon successful hires. 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 major organizations such as IBM, Facebook, Microsoft, eBay, WeWork, Rakuten, and Tencent, which utilize Wanted to identify top talent in Asia. Since its inception, the company has raised over $20 million in funding and is actively expanding its operations to other major cities globally.

InnoSpark

Series B in 2015
Innospark Inc. develops mobile games. The company produces traffic-oriented network games that understand and center on social. It develops combat strategy and social dragon breeding games. Innospark Inc. was founded in 2012 and is based in Seoul, South Korea.

ChannelBreeze

Venture Round in 2013
ChannelBreeze (채널브리즈) is a Korean company that provides social commerce services through an online platform including social network services. ChannelBreeze also provides search engine-based web services for real estate.

ZigBang

Seed Round in 2011
Zig Bang, an apartment hunting app from Korea. Users on Zig Bang can search for rental properties by the number of rooms, occupants, and price. Across both mobile and web versions, the startup reports 6 million users (though those aren’t all necessarily active and there might be some overlap). The goal for 2015 is to hit 10 million and potentially seek another funding round.
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