STIC Ventures

STIC Ventures is a venture capital firm based in Seoul, South Korea, dedicated to investing in small and mid-sized companies that focus on core technologies and innovative business models. The firm manages multiple funds, including the STIC Partnership 5 and the STIC SME Platform Fund, both aimed at supporting emerging enterprises. By targeting companies with strong potential for growth, STIC Ventures seeks to foster innovation and drive development within the venture capital landscape.

Bora Chung

Managing Director, Investment Team

David Jeong

Chief Executive Officer & Managing Partner

Minsop Kim

Senior Associate, Investment Team

Junyong Lee

Principal, Investment Team

Hyunsuk Lee

Managing Director, Investments

ChangMo Nam

Senior Associate

Seung Su Shin

Managing Partner

Keetaek Sung

Managing Director, In-house Counsel & Compliance Officer, Risk Management & Management Support

Sungjun Yoon

Principal, Investments

25 past transactions

AUTOCRYPT

Series B in 2022
AUTOCRYPT is the leading player in mobility security technologies. Recognized by TU-Automotive as the Best Auto Cybersecurity Product/Solution of 2019, and shortlisted in 2020 for Automotive Tech Company of the Year, AUTOCRYPT continues to pave the way in transportation and mobility security through a multi-layered, holistic approach. Through security solutions for V2X/C-V2X, V2G (including Plug & Charge security), in-vehicle security, and Fleet Management, AUTOCRYPT ensures that security is prioritized before vehicles hit the road.

Neosapience

Series B in 2022
Neosapience, Inc. specializes in developing artificial intelligence software that accurately mimics individual voice characteristics, including identity, prosody, and emotion. Founded in 2017 and based in Seoul, South Korea, the company offers products such as Icepeak.AI, an online platform that learns and generates speech using a specific voice, and ICEPEAK, a mobile application that enables users to select characters that repeat what they say. The application is designed for compatibility with both Android and iOS devices. Neosapience aims to create more natural AI experiences by integrating distinct personalities and emotional expressions into its technology, thus enhancing interactive content, games, and conversational agents.

PILAB

Series A in 2022
PILAB is a research-focused blockchain company dedicated to creating multipurpose software that facilitates communication and data management across various platforms. The company aims to make blockchain technology and software accessible to a wider audience by developing innovative programming languages and applications. These tools enhance the flexibility and security of smart contracts, allowing clients to automate their testing and deployment processes efficiently. PILAB is supported by Korea Investment Partners, a South Korean venture capital firm, which underscores its commitment to advancing blockchain solutions and improving user accessibility.

VIRNECT

Series B in 2022
VIRNECT CO., LTD. develops augmented reality (AR) solutions for industries. The company offers VIRNECT Remote an AR multi-remote collaboration solution that provides a multi-communication system; VIRNECT Make produces and distributes AR contents and provides additional features that can add tables, graphs, animation, interaction, task lists, and documents to the original non-coding AR contents; VIRNECT View visualizes field information through AR and enables users to write and register task lists; and VIRNECT Workstation is an AR service for integrated management that provides user account settings, AR content lists, and job history management features. VIRNECT CO., LTD. was founded in 2016 and is based in Seoul, South Korea.

KB-Element

Series A in 2021
KB-Element Co., Ltd. is a South Korean company established in 2016, specializing in the development and manufacturing of graphene powder and carbon nanotube (CNT) coating solutions. The company produces a range of products including anti-static agents, conductive pastes, heat-releasing materials, and large-area coating equipment. Its materials are designed for use in semiconductor and display applications, addressing issues related to harmful electromagnetic waves and heat generation in electronic devices, which are increasingly challenged by the miniaturization of electronic components. Through its innovative solutions, KB-Element aims to enhance the performance and reliability of electronic devices.

AUTOCRYPT

Series B in 2021
AUTOCRYPT is the leading player in mobility security technologies. Recognized by TU-Automotive as the Best Auto Cybersecurity Product/Solution of 2019, and shortlisted in 2020 for Automotive Tech Company of the Year, AUTOCRYPT continues to pave the way in transportation and mobility security through a multi-layered, holistic approach. Through security solutions for V2X/C-V2X, V2G (including Plug & Charge security), in-vehicle security, and Fleet Management, AUTOCRYPT ensures that security is prioritized before vehicles hit the road.

Zikooin Company

Series A in 2021
Zikooin Company produces and supplies vegetable meat made from discarded grains. The company is based in Seoul, South Korea.

42dot

Series A in 2021
42dot is a technology company based in Seoul, South Korea, focused on advancing urban mobility through its innovative Urban Mobility Operating System (UMOS). Founded in 2019, 42dot is developing a cloud-based platform that integrates various autonomous vehicles, including self-driving cars, drones, and automated delivery robots, to offer seamless transportation services. By facilitating the transition to autonomous transportation-as-a-service (aTaaS), 42dot aims to enhance mobility solutions in urban environments, making transportation more efficient and accessible.

S-Alpha Therapeutics

Series A in 2021
S-Alpha Therapeutics Inc., a digital therapeutics company, researches and develops health applications and platform technologies that enable digital devices to treat different diseases. Its products include SAT-001, an ophthalmology related application for eye disease treatment; SAT-002, neurology application for treatment of nervous system disease; SAT-003, oncology application for recovery and treatment of cancer patients; and SAT-008, a public crisis application for overcoming social problems. Additionally, it also develops therapeutic devices. The company was founded in 2019 and is based in Seoul, South Korea.

EcoTruck

Series A in 2021
EcoTruck Technology Joint Stock Company, founded in 1977 and based in Phu Nhuan, Vietnam, specializes in developing software applications for the logistics industry. The company's platform facilitates the transport of goods using trucks, cars, and tractors, aiming to enhance operational efficiency in a traditionally outdated sector. By leveraging advanced technologies and data-driven solutions, EcoTruck assists businesses in streamlining their logistics operations and reducing costs. Additionally, the company provides vehicle liability insurance, further supporting its clients in managing their transportation needs effectively.

Meissa

Series A in 2021
Meissa is a drone-based construction tech startup that provides real-time 3D mapping and modeling.

TAU-PNU MEDICAL

Series B in 2020
TAU is developing state-of-the-art minimally invasive catheter-based surgical methodologies for treating structural heart diseases like Tricuspid Valve Regurgitation (TR), Mitral Valve Regurgitation (MR), Hypertrophic Obstructive Cardiomyopathy (HOCM), and Heart arrhythmia.

Phantom AI

Series A in 2020
Phantom AI, Inc. specializes in developing advanced driver-assistance systems (ADAS) powered by artificial intelligence and sensors for autonomous vehicles. The company offers a range of products, including PhantomVision, a deep learning-based computer vision solution that supports Euro NCAP compliant ADAS features, enabling the detection of vehicles, pedestrians, bicyclists, and traffic signals. Additionally, PhantomFusion provides a platform-independent sensor fusion and object tracking system that integrates data from various sensors to create a comprehensive environmental model. PhantomDrive enhances vehicle control by predicting the motion of detected objects, contributing to safer driving experiences. Founded in 2016 and based in Burlingame, California, Phantom AI aims to make advanced driving technologies accessible and cost-effective for car manufacturers and suppliers, ultimately enhancing road safety and driving enjoyment.

Go2Joy

Series A in 2020
Go2Joy is a mobile online-to-offline (O2O) platform that connects local hotels with users in Vietnam, specializing in hourly and overnight bookings. Launched by Appro Mobile Joint Stock Company in 2010 and based in Ho Chi Minh City, Go2Joy has established itself as the leading hourly hotel booking application in the country. It caters primarily to a young demographic, boasting the largest user base and the most extensive inventory of hourly booking options. The platform has become a prominent player in the Vietnamese hospitality sector, offering a convenient solution for users seeking flexible accommodation arrangements.

Sparkplus

Series B in 2019
Sparkplus is a coworking space operator based in Seoul, South Korea, founded in 2016. The company specializes in designing and managing real estate contracts, as well as overseeing interior design, construction, and furniture arrangements for office environments. By providing flexible workspace solutions, Sparkplus caters to the needs of modern businesses seeking adaptable office settings.

Dunzo

Series D in 2019
Dunzo Digital Private Limited is a hyper-local delivery and task management app based in Bengaluru, India. Founded in 2015, it offers a wide range of services, including grocery and essential deliveries, food and medicine delivery, and sending packages. The platform connects users with the nearest delivery partners, facilitating efficient and quick service. Dunzo also supports micro, small, and medium-sized enterprises (MSMEs) by providing digital tools to enhance their eCommerce capabilities. The company operates in several major Indian cities, including Bangalore, Pune, Gurgaon, Hyderabad, New Delhi, Chennai, Jaipur, and Mumbai. Dunzo has attracted investment from notable firms, including Google and Alteria Capital, enabling its growth in the competitive delivery market.

Wadiz

Series C in 2019
Wadiz Corp. is a leading crowdfunding platform based in Seongnam, South Korea, and was founded in 2012. It serves as Asia's largest crowdfunding platform, facilitating both product and equity-based crowdfunding for startups and entrepreneurs. The platform enables creative projects to secure funding while allowing investors to access innovative companies at their early stages. By connecting businesses in need of financial support with potential investors, Wadiz plays a significant role in fostering entrepreneurship and innovation in the region.

UserHabit

Series A in 2018
UserHabit helps app makers increase user satisfaction by automatically analyzing user behavior and advising how apps can be improved.
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