SL Investment

SL Investment is a venture capital firm based in Seoul, South Korea, established in February 2000. The firm focuses on investing in small and medium-sized companies across various sectors, including biotechnology, healthcare, semiconductors, display technologies, renewable energy, and artificial intelligence. SL Investment has a strong track record, having achieved positive financial results for 12 consecutive years without incurring any debt. The firm not only provides capital but also actively supports the management of its portfolio companies to enhance their value. Over the years, SL Investment has successfully facilitated the listing of 31 companies on the KOSDAQ market, helping them to become leaders in their respective industries.

Minju Ahn

Managing Director

Jae-Sung Han

Managing Director

Seunghun Lee

CEO

Minju Ahn Ph.D

Executive Director and Investment Professional

Past deals in South Korea

AIRS Medical

Venture Round in 2025
AIRS Medical Co., Ltd. is a South Korean company focused on developing and marketing artificial intelligence-based software for magnetic resonance imaging (MRI). The company's flagship product, SwiftMR, enhances MRI images by utilizing advanced algorithms, including parallel imaging and deep learning, to improve scan speed and image quality. This software not only suggests optimal scanning parameters but also reconstructs images without introducing additional artifacts, thus minimizing motion and hardware-related imperfections. In addition to image reconstruction, AIRS Medical provides tools for assessing image quality and visualizing unseen artifacts, ultimately aiming to improve patient outcomes and streamline institutional efficiency in healthcare settings.

Trenbe

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

People & Technology

Series B in 2022
People & Technology specializes in providing digital transformation-based artificial intelligence solutions focused on indoor geolocation and smart sensing. Their IndoorPlus+ platform, which includes Location Based Systems (LBS) and Real Time Location Systems (RTLS), serves various industries such as healthcare, manufacturing, defense, smart cities, and the public sector. The company has established a robust client base of over 100 corporate customers across sectors like banking, retail, energy, and public services, offering solutions that enhance employee safety, asset tracking, security and access control, and process efficiency. By implementing these industry-grade systems, clients have experienced increased productivity, improved operational processes, and mitigated corporate risks. Founded in 2013, People & Technology has emerged as a leading provider in South Korea and is actively expanding its presence in international markets.

Aurumplanet

Series B in 2022
Aurumplanet (아우름플래닛) is a Korean online platform that provides IT-related information. It was launched in September 2012 in Seoul, Korea.

Trenbe

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

Zenerate

Seed Round in 2022
Zenerate Inc. specializes in providing AI-driven building design solutions aimed at optimizing real estate development. Founded in 2020 and based in Seoul, South Korea, the company utilizes an advanced artificial intelligence platform that takes into account various factors such as project objectives, rental and construction costs. By employing algorithms, Zenerate generates a range of design alternatives, streamlining the planning process for architects, urban planners, and designers. This technology not only enhances efficiency but also automates tasks that were traditionally performed manually, enabling quicker decision-making in the design phase of construction projects.

UrbanPlay

Series A in 2021
UrbanPlay Inc. is a South Korean company established in 2013 that focuses on creating content related to urban culture. It collects and processes both tangible and intangible content, providing a platform for users to explore urban issues in innovative ways. The company offers a variety of services including online platforms, regional projects, multimedia, publications, and community spaces, all aimed at fostering a sustainable urban cultural ecosystem. UrbanPlay designs emotional city experiences by addressing urban challenges through accessible technology, while also providing real estate content services that include local marketing, merchandise, and publishing. This approach enables users to engage with their neighborhoods in a content-oriented manner.

N.thing

Series B in 2021
N.THING, based in Ansan-si, South Korea, is an Agri-Food tech company founded in January 2014 that innovates within the farm-to-table food value chain by integrating IoT technology and data. The company is known for developing the world’s first modular vertical farm, called the CUBE, which offers mass productivity and an optimized environment for various crops through a dedicated operating system. N.THING also offers additional products such as SQUARE, a modular hydroponic kit, and Planty, the first Internet-connected social pot, which enhances the gardening experience by allowing users to monitor environmental conditions and share their plant care activities. With a focus on connecting people to nature and leveraging technology for efficient farming, N.THING has received notable awards, including the iF Design Award and Best of Innovation at CES 2020. The company is expanding its operations globally, aiming to enhance its presence in markets such as North America and the U.A.E.

WHYNOT Media

Series C in 2021
WHYNOT Media Co., Ltd. is a South Korean company established in 2016 that specializes in developing and operating a video content streaming platform. The company offers a diverse range of entertainment, including web series, short films, and web dramas. Some of its notable web series are "Secret Crushes," "Always a Boyfriend," "Never a Boyfriend," and "Office Watch." WHYNOT Media focuses on creating engaging content that resonates with various cultural backgrounds, providing viewers with easily accessible entertainment. In addition to original productions, the company also engages in content IP production, branded content, and transmedia storytelling, further enhancing its offerings in the realm of web entertainment.

Aurumplanet

Series A in 2020
Aurumplanet (아우름플래닛) is a Korean online platform that provides IT-related information. It was launched in September 2012 in Seoul, Korea.

INITECH

Seed Round in 2019
INITECH Co., Ltd. is an information security and IT solutions provider based in Seoul, South Korea. Established in 1997, the company specializes in developing e-banking systems, which encompass service planning, consulting, development, and ongoing maintenance. INITECH offers a range of e-banking solutions, including internet and smart banking, as well as operates data centers that deliver supplementary services for businesses. The company's services extend to IT professional support, including security system management, business management, and education programs. INITECH also provides several frameworks such as IB20, which manages multi-device support, and UBiz30, designed to enhance productivity and adapt to changing business environments. Additionally, the company delivers various security solutions, including public key infrastructure, biometric authentication, integrated access control management, and endpoint security solutions. As a subsidiary of H&C Network Co. Ltd., INITECH aims to create a safer and more accessible IT landscape.

UrbanPlay

Series A in 2019
UrbanPlay Inc. is a South Korean company established in 2013 that focuses on creating content related to urban culture. It collects and processes both tangible and intangible content, providing a platform for users to explore urban issues in innovative ways. The company offers a variety of services including online platforms, regional projects, multimedia, publications, and community spaces, all aimed at fostering a sustainable urban cultural ecosystem. UrbanPlay designs emotional city experiences by addressing urban challenges through accessible technology, while also providing real estate content services that include local marketing, merchandise, and publishing. This approach enables users to engage with their neighborhoods in a content-oriented manner.

WHYNOT Media

Series B in 2019
WHYNOT Media Co., Ltd. is a South Korean company established in 2016 that specializes in developing and operating a video content streaming platform. The company offers a diverse range of entertainment, including web series, short films, and web dramas. Some of its notable web series are "Secret Crushes," "Always a Boyfriend," "Never a Boyfriend," and "Office Watch." WHYNOT Media focuses on creating engaging content that resonates with various cultural backgrounds, providing viewers with easily accessible entertainment. In addition to original productions, the company also engages in content IP production, branded content, and transmedia storytelling, further enhancing its offerings in the realm of web entertainment.

SOS Lab

Series A in 2018
SOS Lab is a company specializing in the development and manufacturing of LiDAR technology, which utilizes lasers to measure distances and shapes in the surrounding environment. The company focuses on creating innovative solutions for self-driving vehicles, featuring its hybrid LiDAR system, the SL-1, which merges motor scanning systems with solid-state MEMS mirrors. This system aims to reduce costs and enhance accessibility in the autonomous vehicle market. In addition to the SL-1, SOS Lab offers the GL-3 for factory automation and robotics, and the TL-3 for security applications. The company is also advancing its technology by integrating hardware sensors with AI-based object recognition, leveraging 3D point cloud data for improved tracking and recognition. To further its mission, SOS Lab collaborates with partners in the automotive electronics sector and global semiconductor companies, with R&D centers in Seoul and Gwangju and business operations in Silicon Valley to expand its presence in the global self-driving and advanced driver-assistance systems markets.

JLK

Venture Round in 2018
JLK, Inc. is a South Korean company that specializes in AI-driven solutions for medical diagnosis and security. The firm develops an artificial intelligence medical analysis platform that provides on-site and real-time services connected to various hospital systems, addressing the diagnostic needs of healthcare professionals. JLK's offerings encompass medical management, treatment, and services related to brain diseases, such as ischemic stroke, hemorrhagic stroke, brain aneurysm, and Alzheimer’s disease, as well as conditions affecting the lungs, coronary artery disease, prostate cancer, and digital pathology. Headquartered in Cheongju, South Korea, JLK aims to enhance healthcare delivery through its advanced technological solutions.

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

Series A in 2017
Urbanbase Inc. is a design platform based in Seoul, South Korea, that specializes in transforming two-dimensional floor plans into three-dimensional models. Founded in 2014, the company has developed patented technology that enables the rapid conversion of 2D designs into 3D, augmented reality (AR), and virtual reality (VR) formats. Urbanbase offers a consumer-facing VR home furnishing platform and an AR mobile application, enhancing the interior design experience. Additionally, it provides a business-to-business sales tool utilizing its proprietary 3D, AR, and VR APIs, catering to various sectors including real estate, home design, and retail. The company serves a diverse clientele, including notable brands like LG, iLoom, and Daelim, as well as over 40 other interior and furniture companies.

Yanolja

Series B in 2016
Yanolja is a leisure platform headquartered in Seoul, South Korea, that provides a comprehensive range of online accommodation and travel services. Founded in 2005, the company connects various aspects of travel, including lodging, leisure activities, and transportation, allowing users to book diverse hotel options globally. Yanolja leverages advanced technologies such as artificial intelligence, blockchain, and IoT to enhance its offerings. In addition to consumer services, the company provides cloud-based software solutions for hotels, residences, and leisure facilities, streamlining operations and improving efficiency across the travel industry.

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
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.
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