STIC Investments

STIC Investments, established in 1999, is a South Korean private equity firm. It specializes in investing in management buy-outs, acquisitions, and other corporate situations across various sectors, including industrials, technology, healthcare, and consumer goods. The firm focuses on creating growth and prosperity in Asian economies by backing promising companies that require capital for expansion, turnaround, or public-to-private transactions.

Jinsoo Bae

Principal, Private Equity

Jong Ha Bae

Operating Partner

Jin Ho Chai

Executive Managing Partner, Head of Private Equity and Private Equity / Partners Committee Member

Andy Chang

Managing Partner, Head of Greater China Team and Greater China / Partners Committee Member

Se-Ho Chang

Managing Director, Private Equity

Jason Cho

Managing Partner, Head of Singapore and Private Equity / Partners Committee Member

Yong Hwan Do

Chairman

Tim Ghim

Senior Associate, Private Equity

Jeff Hsu

Managing Director

In Kyu Hwang

Managing Director

Shin Woo Kang

Operating Partner

Susie Kim

Principal, Private Equity

Hong Jin Kim

Managing Director and Head of Vietnam

Ko, Hyun Jin

Operating Partner

Sung-Q Koh

Managing Director

Jongik Kwon

Managing Director, Growth Capital

Hanju Lee

Managing Director, Growth Capital

Daniel Lee

Managing Partner, Head of Growth Capital, Growth Capital / Partners Committee

Sam Lee

Senior Managing Director

Byung Do Lee

Principal, Private Equity

Hyukjin Lee

Managing Director and Private Equity / Partners Committee Member

Hyunjy Na

Managing Director

Tran Huu Nam

Managing Director

Minsik Park

Managing Partner

Jong Hong Park

Senior Associate, Growth Capital

Marvin Reinhart

Principal

Tanay Saigal

Principal, Private Equity

Derrick Yun MD

Managing Director, Growth Capital

60 past transactions

H2

Convertible Note in 2025
H2, Inc. is a South Korea-based company focused on manufacturing vanadium redox flow batteries (VRFB) and advanced energy storage systems. It offers a range of products, including the EnerFLOW 410, a modular storage system, and the EnerFLOW 420, an integrated container-type system, along with the Academic VRFB, which is a single-cell system. H2 specializes in large-scale and long-duration energy storage solutions, utilizing its proprietary technology to meet diverse energy needs. The company aims to address energy challenges by providing flexible and efficient systems that support microgrid power supply, renewable energy integration, and utility applications. H2's unique design and manufacturing capabilities position it well for significant growth in the expanding market for large-scale energy storage solutions.

H Energy

Series C in 2024
H Energy provides optimal operation of distributed resources and power brokerage services.

Nox

Acquisition in 2024
Nox is a luxury vinyl tile manufacturer based in Seoul, South Korea, specializing in the design and production of non-adhesive, eco-friendly flooring solutions. The company offers a diverse range of vinyl, wood, and ceramic tiles in various colors and patterns, utilizing innovative technology and stringent quality control processes to ensure defect-free products. With roots in chemical engineering, Nox aims to deliver high-quality flooring materials and machinery, catering to companies seeking to enhance their market presence through private label or established brand offerings.

CHA Healthcare

Convertible Note in 2024
CHA Healthcare is a global hospital management company that operates general and specialty hospitals, as well as clinics. Its core business involves developing and investing in advanced healthcare services, spanning from pre-care to post-care, including general acute care and in vitro fertilization (IVF) clinics.

PineTree Therapeutics

Series A in 2024
PineTree Therapeutics focuses on creating innovative therapies in the fields of oncology and immuno-oncology. The company is dedicated to addressing unmet medical needs through its advanced biological therapeutics technology. By utilizing platforms that target tumor-associated essential receptors and developing virus-targeting recombinant agents, PineTree Therapeutics aims to enable healthcare professionals to create effective anticancer treatments for patients with solid tumors. Additionally, the company is working on solutions for infectious diseases, further expanding its impact in the medical field.

Zeno Health

Series C in 2024
Zeno Health is a retail pharmacy chain in India that specializes in providing affordable generic medicines. The company offers WHO-GMP-certified generic alternatives to help households significantly reduce their medical expenses. With a focus on accessibility, Zeno Health operates both physical stores and an online platform, providing a wide range of medications, including their exclusive product line, GoodAid. Each location is staffed with pharmacy consultants who assist customers in understanding their prescribed medications, ensuring they are well-informed before making a purchase. Zeno Health aims to enhance healthcare accessibility and affordability for individuals dealing with chronic conditions, recurring diseases, and general health needs.

OKESTRO

Series B in 2023
Okestro offers cloud and AIOps software solutions through its integrated management platform, which is designed to enhance multi-hybrid cloud operations. The platform focuses on optimizing IT functions by utilizing data collection and analysis, artificial intelligence for learning and predictions, and techniques for cloud optimization and anomaly detection. This enables a variety of clients, including cloud service providers, managed service providers, and public-private partnerships, to improve their operational efficiency and effectively manage their cloud environments.

Musicow

Venture Round in 2023
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.

Bespin Global

Series D in 2022
Bespin Global is a prominent provider of cloud management services that focuses on facilitating the digital transformation of its clients through hybrid cloud solutions. The company specializes in consulting, migration, and managed services, implementing optimized architectures tailored to various industry needs within a hybrid cloud environment. Utilizing platforms such as AWS, MS Azure, and Flexcloud, Bespin Global enables organizations to transition their legacy IT operations to the cloud, enhancing their ability to innovate and adapt in a rapidly evolving digital landscape. As a premium brand under Hostway, which has a long history in professional hosting and managed services, Bespin Global is committed to strengthening cloud service offerings and driving effective cloud utilization for its clients.

Virtual Internships

Series A in 2022
Virtual Internships is a company focused on transforming talent acquisition and career development by providing accessible virtual internship opportunities. By leveraging technology and a global network of partners, the company aims to eliminate barriers to employment, making impactful career experiences available to candidates worldwide. It offers internships for both university and high school students, emphasizing the development of professional skills through digital platforms. This approach enables students and job seekers to gain valuable work experience in a flexible manner, allowing them to balance internships with their academic or work commitments. Ultimately, Virtual Internships seeks to enhance employability and support career growth by connecting individuals with meaningful opportunities.

Carrot General Insurance

Private Equity Round in 2022
Carrot General Insurance is a digital insurance company that specializes in providing customizable non-life insurance products online. The company offers a diverse range of insurance solutions, including general, auto, travel, family, and liability insurance. By focusing on digital platforms, Carrot aims to meet the varied needs of its consumers while effectively reducing costs.

TeamFresh

Series D in 2022
TeamFresh is a cargo and freight company that provides logistics services.

Ninjacart

Series D in 2022
Ninjacart is an online business-to-business platform that connects farmers, manufacturers, and brands directly to retailers, streamlining the fresh produce supply chain in India. Founded in July 2015 and headquartered in Bengaluru, the company enables the distribution of fruits and vegetables to retailers and restaurants through a lean and efficient supply chain. By leveraging data science and infrastructure, Ninjacart allows businesses to source fresh farm produce directly from farmers, facilitating quicker and more cost-effective transactions. The platform also enables retailers to communicate with local managers to address specific store needs, thereby enhancing the overall efficiency of the agricultural marketing process.

Musicow

Private Equity Round in 2022
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.

CoolMate

Seed Round in 2022
Coolmate is a Vietnamese menswear brand that specializes in a diverse range of apparel and accessories for men, including sportswear, office attire, and everyday styles. The company operates exclusively online through its own e-commerce website and popular platforms within Vietnam. Headquartered in Hanoi and Ho Chi Minh City, Coolmate focuses on the design, weaving, dyeing, cutting, and finishing of products such as t-shirts, underwear, shorts, joggers, caps, and belts. By offering fashionable products at reasonable prices, Coolmate aims to provide a straightforward shopping experience for men seeking to enhance their style.

BIORCHESTRA

Series C in 2022
BIORCHESTRA is a biotech company that develops RNA-based therapeutics for treating neuroinflammatory diseases. They focus on changing the therapeutic paradigm from treating the symptoms to providing a fundamental cure for diseases. BIORCHESTRA develops neuroinflammatory disease therapeutics, with a particular emphasis on comprehensive patient care. BIORCHESTRA's complementary discovery platforms range from diagnosis to treatment monitoring.

RSQUARE

Series C in 2021
RSQUARE is a prop-tech startup based Korea. Started as an IT-based commercial real estate startup, RSQUARE is steadily expanding the business into new areas including interior design, remodeling, furniture, and electronics product sales. Rsquare.co.kr offers full service to search for vacant office spaces in the localities of Korea. Brokerage Office leasing, Leasing Management, Transaction, Warehouse leasing, and real estate services in foreign countries based on Ho Chi Minh City, Vietnam (www.rsquare.vn). Also, we provide interior design and remodeling service(www.rsquaredesign.co.kr) for our customers.

Tiki

Series E in 2021
Tiki is an e-commerce company that operates a comprehensive platform offering a diverse array of products across multiple categories, including electric appliances, fashion accessories, mobile devices, and health products. With a catalog of over 300,000 items, Tiki partners with various global brands to enhance its product offerings. The company emphasizes customer satisfaction through efficient logistics and reliable customer service, creating a secure and convenient shopping experience that allows customers to explore and purchase a wide variety of products from a single, user-friendly platform.

Carousell

Private Equity Round in 2021
Carousell is a Singapore-based classifieds marketplace that facilitates the buying and selling of preloved items through its mobile app, available on iOS and Android. Launched in August 2012, the platform allows users to easily list their secondhand goods by simply taking a photo and adding a description, covering a wide array of categories such as fashion, electronics, home goods, and vehicles. Carousell has gained popularity and recognition, ranking as the top shopping app in several regions including Singapore, Taiwan, Hong Kong, and Australia. The company has expanded its reach to 19 cities across seven countries, driven by a mission to inspire individuals to start selling and declutter their lives while enabling others to discover savings.

HappyFresh

Series D in 2021
HappyFresh is a leading online grocery company based in Jakarta, Indonesia, with operations extending to Malaysia and Thailand since its founding in 2015. The company aims to simplify the grocery shopping experience by offering a convenient platform where customers can order fresh products from local grocery stores and have them delivered directly to their homes. HappyFresh employs trained personal shoppers to ensure the quality and freshness of the groceries, alleviating common challenges associated with traditional shopping, such as parking, navigating store aisles, and carrying heavy bags. By focusing on customer convenience and high-quality service, HappyFresh has established itself as a prominent player in the Southeast Asian online grocery market.

Carrot General Insurance

Venture Round in 2021
Carrot General Insurance is a digital insurance company that specializes in providing customizable non-life insurance products online. The company offers a diverse range of insurance solutions, including general, auto, travel, family, and liability insurance. By focusing on digital platforms, Carrot aims to meet the varied needs of its consumers while effectively reducing costs.

CoolMate

Series A in 2021
Coolmate is a Vietnamese menswear brand that specializes in a diverse range of apparel and accessories for men, including sportswear, office attire, and everyday styles. The company operates exclusively online through its own e-commerce website and popular platforms within Vietnam. Headquartered in Hanoi and Ho Chi Minh City, Coolmate focuses on the design, weaving, dyeing, cutting, and finishing of products such as t-shirts, underwear, shorts, joggers, caps, and belts. By offering fashionable products at reasonable prices, Coolmate aims to provide a straightforward shopping experience for men seeking to enhance their style.

Hansoll Textile

Seed Round in 2021
Hansoll Textile is a global textile company that manufactures and exports mainly knit apparel.

Grab Financial Group

Venture Round in 2020
Grab Financial Group provides financial services across payments, rewards, lending, and insurance. A seamless point-of-sale (POS) system for merchants and a trusted mobile wallet of choice in Southeast Asia for payments such as in-store purchases, Grab transactions, and fund transfers.

Vpon

Series C in 2020
Vpon Inc., established in 2008, is a Taiwan-based big data company specializing in mobile advertising and user behavior prediction. It provides a range of solutions including performance optimization, branding, cross-border marketing, and data management. With a presence in Taipei, Hong Kong, Shanghai, Singapore, and Tokyo, Vpon serves clients across 12 Asia-Pacific countries, reaching over 21 billion biddable inventories. It offers advanced big data analytics technology, enabling O2O and e-commerce businesses to enhance brand awareness and drive profitable transactions. Vpon has been recognized for its excellence, winning awards such as the Bronze for Greater China Specialist Agency of the Year in 2016 and 2017, and ranking third in Forbes China's Top 100 Privately Held Small Businesses in 2015.

SYSTRAN

Acquisition in 2020
Systran, established in 1968, specializes in advanced machine translation solutions tailored for businesses. The company has a long history of innovation in language translation technology, consistently leading the industry with groundbreaking developments. Its current offerings include Neural Machine Translation solutions that empower corporate users to communicate effectively across multiple languages. Systran's software is designed for various platforms, including desktops and enterprise servers, facilitating an interactive interface that learns from user choices to enhance translation accuracy. By focusing on research and development, Systran continues to improve multilingual communication, helping organizations boost productivity and streamline content creation in diverse languages.

Grab

Venture Round in 2020
Grab Holdings Inc., headquartered in Singapore, operates a mobile technology platform that integrates city transportation and various on-demand services in Southeast Asia. The company, founded in 2012 by Anthony Tan and Tan Hooi Ling, offers services such as ride-hailing (GrabTaxi, GrabCar), carpooling (GrabHitch, GrabShare), shuttle services (GrabShuttle, GrabShuttle Plus), and food delivery through its GrabFood platform. Grab also provides financial services, including payments, consumer loans, and enterprise offerings. It operates in eight countries: Singapore, Indonesia, Philippines, Malaysia, Thailand, Vietnam, and Myanmar. Grab generates revenue by charging commissions to both consumers and service providers, with ride-hailing and food delivery contributing to 89% of its total revenue. The company competes with Foodpanda and Gojek in the region.

Joyvio Group

Private Equity Round in 2019
Joyvio Group is an investment and operations company primarily focused on the modern agriculture and food industries, and is a part of the Legend Holdings portfolio. It is recognized as the largest end-to-end fruit company in China, with extensive farming operations both domestically and internationally. The company boasts advanced breeding programs, engineering and technology offices, as well as sorting, processing, and logistics facilities. Additionally, Joyvio Group has developed a strong branding and marketing network. Beyond fruit production, the company is actively expanding its investments in the tea and wine sectors. Its diverse portfolio includes various subsidiaries, such as Joyvio (Qingdao) Fruits Company Ltd. and Sichuan Zhongxin Agricultural Technology Company Ltd., reflecting its commitment to enhancing the quality and safety of food products while promoting modern agricultural practices in China.

Lotte Energy Materials

Post in 2019
Lotte Energy Materials Corp is a South Korea-based manufacturer specializing in thin copper foils, referred to as elecfoil, which are essential components in printed circuit boards for electronic devices. The company is renowned for its commitment to high-quality production and significant export sales. In addition to elecfoil, Lotte Energy Materials offers a diverse product portfolio that includes industrial diamonds, components for rechargeable batteries, touch screen panels, seamless steel tubes, extra-high voltage cables, heavy electric machines, ultrasonic medical devices, and LED lighting. This broad range of products highlights the company's strategic focus on advanced materials for various high-tech applications.

Carplat

Series C in 2019
Carplat is an integrated mobility platform that provides car rental and community car-sharing services.

Dunzo

Series D in 2019
Dunzo is a hyper-local delivery app based in Bengaluru, India, that connects users with nearby delivery partners to facilitate the swift delivery of various items, including groceries, food, medicines, and pet supplies. Founded in 2015 by Ankur Aggarwal, Dalvir Suri, Kabeer Biswas, and Mukund Jha, the platform aims to enhance the retail landscape by providing micro, small, and medium-sized enterprises (MSMEs) with digital tools to streamline eCommerce operations. In addition to delivery services, Dunzo offers a concierge feature that allows users to manage their everyday tasks and collaborate on to-do lists by connecting them with merchants and service providers. The company has attracted investment from notable backers, including Google and Alteria Capital.

Carplat

Venture Round in 2019
Carplat is an integrated mobility platform that provides car rental and community car-sharing services.

M.MONSTAR

Series C in 2019
M.MONSTAR is a software development firm that specializes in e-commerce solutions for fashion shopping malls.

MASAN Group

Private Equity Round in 2019
They are one of Vietnam’s largest private sector companies with a focus on the consumption and resources sectors. They have a track record of actively building, acquiring and managing large-scale operating platforms that capitalize on Vietnam’s structural consumption and resources stories. They believe that substantial value can be created for their shareholders through professional management, global partners and a commitment to serving Vietnam’s emerging middle class. Their vision is to become Vietnam’s local private sector champion in terms of scale, profitability, and shareholder return and to become the country’s growth partner and employer of choice. In order to achieve this vision, they operate in sectors where a local private sector company can be a market leader and can develop scale through focus and consolidation. Their management team comprises professionals with global risk management and capital allocation expertise, Vietnamese managers with local execution experience and, at their operating businesses, senior industry executives with a track record at multinational corporations.

Bespin Global

Venture Round in 2019
Bespin Global is a prominent provider of cloud management services that focuses on facilitating the digital transformation of its clients through hybrid cloud solutions. The company specializes in consulting, migration, and managed services, implementing optimized architectures tailored to various industry needs within a hybrid cloud environment. Utilizing platforms such as AWS, MS Azure, and Flexcloud, Bespin Global enables organizations to transition their legacy IT operations to the cloud, enhancing their ability to innovate and adapt in a rapidly evolving digital landscape. As a premium brand under Hostway, which has a long history in professional hosting and managed services, Bespin Global is committed to strengthening cloud service offerings and driving effective cloud utilization for its clients.

swIDch

Series A in 2018
swIDch is an information technology company based in London, established in 2015, that specializes in secure authentication solutions for digital identities. The company has developed a patented algorithm that allows clients to generate dynamic authentication codes, enabling secure access even in network-less environments. Their technology includes the generation of dynamic primary account numbers, facilitating secure offline transactions without displaying card numbers. This system supports standard EMV, contactless, and magnetic stripe payments, giving customers greater control over their transactions by allowing them to specify valid dates and create both dynamic and static virtual primary account numbers.

Viet UC

Private Equity Round in 2018
Viet UC provides aquaculture and agriculture product manufacturing services and specializes in shrimp production.

Hybe

Private Equity Round in 2018
HYBE is a music-based entertainment lifestyle platform that specializes in various aspects of the music industry. The company is involved in music production, publishing, and the development of new artists. It also focuses on artist management and offers a comprehensive range of services through its 360° business model. Additionally, HYBE engages in intellectual property (IP) business and operates platforms that enhance its offerings in the entertainment sector. Through these diverse activities, HYBE aims to create a holistic ecosystem that supports artists and connects them with fans globally.

Sparkplus

Series A in 2018
Sparkplus, founded in 2016 and based in Seoul, South Korea, specializes in providing comprehensive solutions for office environments. The company designs and manages real estate contracts, interior design, construction, and furniture arrangements specifically for coworking spaces. By addressing various challenges faced by businesses regarding their office needs, Sparkplus aims to streamline the process, enabling clients to focus on their core activities without the distraction of managing their office setup.

CammSys

Private Equity Round in 2018
CammSys is a manufacturer of semiconductor equipment and camera modules specifically designed for mobile phones. The company offers a range of products, including 13-megapixel camera modules, 3M sockets, and VGA camera modules. CammSys primarily operates in South Korea, focusing on the development and sale of innovative imaging solutions that cater to the evolving demands of the mobile device market.

Inventage Lab

Seed Round in 2018
Inventage Lab Inc. focuses on the advancement of medical technology, particularly through the development of an innovative Drug Delivery System (DDS). The company has created Laminar FluiDigm, a microfluidics-based platform technology that underpins its specific technologies, IVL-DrugFluidic and IVL-GeneFluidic, which are designed for the development and manufacture of long-acting injectables and gene-delivery therapeutics. In addition to its medical initiatives, Inventage Lab is committed to creating consumer-oriented pipelines aimed at enhancing human well-being and fostering technological innovation. Through these efforts, the company seeks to improve treatment options for refractory and chronic diseases while contributing to advancements in healthcare.

UlalaLAB

Series A in 2018
UlalaLAB is a South Korean company established in 2011 that specializes in developing a software-as-a-service (SaaS) platform tailored for small and medium-sized enterprise (SME) manufacturers. The company focuses on integrating Internet of Things (IoT) and machine learning technologies to enhance manufacturing processes. Its flagship product, the WimFactory Smart Factory Platform, allows for a swift transition to Industry 4.0 standards using plug-and-play IoT devices, enabling factories to access and analyze real-time operational data without the need for extensive changes to existing equipment or retraining staff. UlalaLAB's solutions support both analog and digital signals from various sensors, facilitating remote monitoring and timely notifications through a multi-device dashboard. The company's machine learning capabilities leverage advanced algorithms to identify anomalies in production, thereby improving quality control and operational efficiency for manufacturers.

Tiki

Series C in 2018
Tiki is an e-commerce company that operates a comprehensive platform offering a diverse array of products across multiple categories, including electric appliances, fashion accessories, mobile devices, and health products. With a catalog of over 300,000 items, Tiki partners with various global brands to enhance its product offerings. The company emphasizes customer satisfaction through efficient logistics and reliable customer service, creating a secure and convenient shopping experience that allows customers to explore and purchase a wide variety of products from a single, user-friendly platform.

HK inno.N

Private Equity Round in 2018
HK Inno.N Corporation is a South Korean company founded in 2014 and headquartered in Seoul. The company specializes in the development and sale of pharmaceutical products, including immune anticancer drugs, treatments for blood diseases, and therapies for kidney diseases. HK Inno.N has established a strategic partnership with CJ HealthCare Corporation to enhance its research and development capabilities. As of 2018, HK Inno.N operates as a subsidiary of CKM Co., Ltd., focusing on advancing innovative therapies to address various health challenges.

Wadiz

Series B in 2017
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.

Hanwha Systems

Private Equity Round in 2017
Hanwha Systems Co., Ltd. is a South Korean company specializing in defense products and technologies. Established in 1978 and headquartered in Seoul, the company provides a wide range of solutions, including land systems for command, control, and communication, reconnaissance, and surface-to-air missile defense. Its naval systems encompass combat management, underwater surveillance, and unmanned systems. In the aerospace sector, Hanwha Systems develops fixed and rotary wing aircraft, unmanned systems, and satellite technologies. Additionally, the company offers IT services such as system integration and cloud management. Formerly known as Hanwa Thales Co., Ltd., Hanwha Systems has evolved to leverage advanced information and communication technology, positioning itself as a leader in the defense electronics industry while also catering to sectors such as finance, manufacturing, construction, and services.

Still8

Series B in 2016
In the early days of E-Sports, unrivaled skills and overflowing enthusiasm towards games were the only two requisites to become a professional gamer. Nowadays with the rise of global E-Sports fandoms, performance became only one of many requisites of a pro-gamer. Fans are connected to pro-gamers everywhere through various channels such as SNS and live & video platforms. In order to satisfy their needs and be loved by them, a professional gamer needs more than just playing games. E-Sportainment is the compound word of E-Sports and Entertainment. It’s the most explicit and mission-oriented word to describe what STILL8 does. Combining entertainment factors with E-Sports, we help current pro-gamers to boost their talents and retired pro-gamers to sustain their career. Playing games is one part, amusing fans with various entertainments is another. As so, STILL8 ultimately pursues the E-Sports of the gamer, by the gamer, and for the gamer.

Median Diagnostics

Private Equity Round in 2015
Median Diagnostics Inc. is a South Korean company that specializes in manufacturing and selling diagnostic drugs for veterinary use. Established in 1999 and headquartered in Chuncheon, the company provides a range of diagnostic solutions for various diseases affecting animals, including foot-and-mouth disease, swine fever, and avian influenza, as well as common industrial diseases like brucellosis and Japanese encephalitis. Its product offerings include ELISA kits for swine, bovine, and poultry, rapid test kits, PCR and chip kits, standard reagents, and biological products, which encompass antibodies for both veterinary and human diagnostics. Formerly known as Jeno Biotech Inc., the company rebranded to Median Diagnostics Inc. in July 2017, reflecting its focus on advanced diagnostic solutions in the veterinary field.

UBcare

Private Equity Round in 2015
UBCare is a South Korea-based company specializing in healthcare solutions, offering a diverse range of services and products. The company provides integrated information solutions and health management services, which include medical equipment, e-commerce services, and health functional foods available through both online and offline platforms. Additionally, UBcare is involved in e-healthcare, mobile healthcare, and home healthcare, catering to various aspects of patient care and health management. Through its comprehensive offerings, UBcare aims to enhance healthcare accessibility and improve health outcomes for its users.

Yanadoo

Series A in 2014
Yanadoo is an education company focused on language learning, particularly English and Chinese. It offers a range of services designed to help both children and adults improve their language skills. The company's flagship product is an English vocabulary app that allows users to learn new words through short, daily sessions lasting just 10 minutes. Additionally, Yanadoo provides online lectures and immersive educational programs, including a metaverse-centered exercise solution that gamifies the learning experience in a virtual world. These offerings aim to enhance users' confidence in speaking and understanding the languages they are studying.

SYSTRAN

Private Equity Round in 2014
Systran, established in 1968, specializes in advanced machine translation solutions tailored for businesses. The company has a long history of innovation in language translation technology, consistently leading the industry with groundbreaking developments. Its current offerings include Neural Machine Translation solutions that empower corporate users to communicate effectively across multiple languages. Systran's software is designed for various platforms, including desktops and enterprise servers, facilitating an interactive interface that learns from user choices to enhance translation accuracy. By focusing on research and development, Systran continues to improve multilingual communication, helping organizations boost productivity and streamline content creation in diverse languages.

LIG Nex1

Private Equity Round in 2013
LIG Nex1 Co., Ltd. specializes in the development and production of advanced precision electronic systems and weaponry. The company offers a diverse range of products including missile systems, underwater weapon systems, radar technology, electronic warfare solutions, avionics, and naval combat systems. Additionally, LIG Nex1 focuses on areas such as precision guided munitions, intelligence, surveillance, reconnaissance, command and control, unmanned robotics, and cyber warfare. Its comprehensive portfolio encompasses ground-based guided missiles, radar systems, and various mission systems designed for military applications. Operating on a global scale, LIG Nex1 plays a significant role in the defense industry by providing cutting-edge technologies and systems.

Jeil Hydraulics

Private Equity Round in 2009
Jeil Hydraulics Co., Ltd. is a South Korean manufacturer specializing in hydraulic pumps, motors, and valves. The company produces a range of products, including double-speed sloping board-type axial piston motors and axial swash type piston motors, which are utilized in construction, shipbuilding, and industrial machinery. Their offerings also encompass track drive motors and swing drive motors, as well as main control valves and remote control valves designed for construction equipment. Jeil Hydraulics focuses on providing solutions for various applications, including the circular movement of construction machinery and winching equipment on ships, alongside hydrostatic transmission products.

PlaySpan

Series B in 2008
PlaySpan is a prominent provider of monetization solutions for online games, virtual worlds, and social networks. The company specializes in developing a digital goods commerce and micropayment platform that enables game publishers and developers to generate revenue, attract new users, and enhance user loyalty. One of its key offerings is UltimatePay, a global payment solution that facilitates safe and convenient in-app purchases through over 85 payment methods across 180 countries. This service includes the Ultimate Game Card, a prepaid card available in more than 45,000 retail locations throughout North America and expanding internationally. Headquartered in Silicon Valley, PlaySpan also operates offices in Ohio, Virginia, and Mumbai. The company has received recognition for its contributions to the gaming industry, winning the 2009 OnHollywood Category Award for Best Gaming Company.

Vieworks

Private Equity Round in 2007
Vieworks specializes in the development and manufacturing of advanced imaging technologies and solutions tailored for diverse applications, including digital radiography, digital fluoroscopy, and angiography systems. The company offers a range of products, such as digital x-ray detectors, industrial cameras, and in vivo imaging systems. Key offerings include the Vivix-S and D series of x-ray flat panel detectors, as well as camera systems and high-precision optics. With a focus on medical imaging processing and signal processing for image sensors, Vieworks aims to provide innovative imaging solutions to the global market, addressing the needs of various sectors including dental and surgical applications.

Enuri

Private Equity Round in 2006
Enuri is a price comparison company based in South Korea.

YG Entertainment

Venture Round in 2006
YG Entertainment Inc. is a South Korean talent development and production company founded in 1996 by Yang Hyun Suk. Originally named Hyun Entertainment, it rebranded to YG Entertainment in April 2001. The company has played a significant role in popularizing hip-hop music in Korea and has been the launching pad for numerous successful artists, including BIGBANG and 2NE1, as well as earlier acts like JINUSEAN and 1TYM. YG Entertainment not only focuses on music but also provides content services and manages a diverse roster of artists and actors, fostering a collaborative environment that encourages the exchange of ideas in music, fashion, art, and culture. The company's unique approach has made it a prominent figure in the South Korean entertainment industry.

Bermai

Series B in 2003
Bermai is pioneering high performance, ultra-integrated chipsets for wireless applications and delivering innovative systems for single and multi-band connectivity that support the IEEE 802.11 family of standards. Bermai's designs with unmatched integration are optimized to deliver extended range and performance, power efficiency and flexibility at a significant cost advantage. These ultra-integrated solutions greatly simplify product development and enable wireless equipment manufacturers to design high performance products faster and with dramatic cost efficiencies. With a "done it before" management team, over 50 decades of combined engineering experience, and core competencies in RF analog, digital signal processing, OFDM and CMOS disciplines, Bermai is strongly positioned to play a key role in advancing wireless communications technologies. Founded in March 2001, Bermai's renowned co-founders are Dr. Ramesh Harjani, a recognized authority in the fields of CMOS radio frequency circuits, low-power analog design and mixed-signal testing, and Dr. Jaekyun Moon, a recognized authority in the fields of channel characterization and signal processing for digital communications. Bruce Sanguinetti, wireless industry veteran and former president and co-founder of BreezeCOM (now known as Alvarion), leads Bermai as president and chief executive officer. Headquartered in Palo Alto, California, Bermai has received a total of $34 million in financing from key venture capitalists and strategic investors including Advanced Technology Ventures, Blueprint Ventures, Brightstone Capital, Mobius Venture Capital (formerly Softbank), the STIC Ventures fund backed by LG Electronics, and Walden International Investment Group.

SoftonNet

Series B in 2001
SOFTonNET Inc. specializes in virtualization and cloud computing solutions tailored for enterprises, universities, and government offices in the United States and East Asia. Founded in 1999 and headquartered in San Jose, California, with additional offices in Seoul and Tokyo, the company offers a diverse range of products, including Z!BootOS for disk virtualization, Z!Stream for application virtualization, Z!Desktop for virtual desktops, Z!Storage for high-performance storage, Z!Pack for portable application virtualization, and ezsComm for interactive lectures. These solutions leverage advanced application, system, storage, and desktop virtualization technologies to enhance productivity and efficiency while reducing operating costs. By supporting software as a service (SaaS) mechanisms, SOFTonNET enables organizations to manage systems and applications centrally, allowing programs to run on a virtual layer without the need for local installation.
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