Stonebridge Capital

Stonebridge Capital Inc. is a private equity firm based in Seoul, South Korea, established in 2008. The firm specializes in middle market and buyout investments in both domestic and foreign businesses with significant growth potential. Its investment focus encompasses a range of sectors, including new growth industries, software, healthcare, consumer goods, real estate, and energy. Additionally, Stonebridge Capital explores opportunities in information communication technology, pharmaceuticals, and medical services, particularly those related to overseas expansion. The firm is also active in supporting joint ventures, subsidiaries, and mergers involving small and medium-sized enterprises in international markets, with a keen interest in North America and East Asia, especially South Korea, China, and Japan. Stonebridge Ventures Inc., a subsidiary of Stonebridge Capital founded in 2017, targets investments in advanced manufacturing, artificial intelligence, biotechnology, and financial technology, among others, while seeking exits through public offerings and acquisitions.

Youjung Chang

Managing Director

Eun Sung Choi

Director

Minwook Go

Investment Manager

Seung-Pyo Hong

Managing Director

Kevin Seung-Yun Hyun

CEO and Partner

Pil Kyung Jun

Investment Manager

Tommy Kim

Partner

Dean Geehun Kim

Founder / Partner

Ho Jin Kim

Investment Manager

Seung Hyun Lee

Managing Director

Han Su Lee

Managing Director

Taewoo Lee

Investment Manager

Hwanyoung Lee

Managing Director

Han Kook Park

Managing Director and General Manager

Sung Joon Park

Senior Managing Director

Ikhwan Sung

Senior Managing Director

120 past transactions

Playtag

Seed Round in 2022
Playtag uses AI technology to analyze infant behavior and provide customized education in kindergartens.

Emocog

Seed Round in 2022
Emocog is a company focused on developing a digital therapeutic platform aimed at addressing cognitive impairment, particularly in dementia patients. The platform offers customized cognitive training to enhance memory and cognitive abilities for individuals experiencing mild cognitive impairment. Emocog's technology incorporates offline capabilities and artificial intelligence-based speaker services to encourage behavioral and lifestyle changes among patients. Additionally, it provides medical professionals with software-based cognitive training regimens and diagnostic tools, facilitating a more effective approach to dementia treatment. By focusing on personalized cognitive interventions, Emocog aims to improve the quality of life for patients dealing with cognitive challenges.

OnePredict

Series C in 2022
Established in 2016, OnePredict is a prominent provider of industrial AI technology, recognized for its innovative solutions in machine digitalization and intelligence. The company has won the Global PHM Data Challenge nine times, highlighting its expertise in this field. OnePredict's product line, including the GuardiOne® Series, Cells, Edge, and Cloud solutions, focuses on delivering advanced AI applications for various industrial components such as bearings, turbines, wind farms, transformers, robots, and motors. Its software is designed to transform data into actionable insights through predictive analytics, helping businesses assess the risk of failure and determine the remaining lifespan of critical equipment. By enabling accurate and timely decision-making, OnePredict supports companies across diverse industries in enhancing operational efficiency and reliability.

Upstage AI

Series A in 2021
Upstage AI is a startup that specializes in providing customized artificial intelligence services to businesses. The company develops tailored AI models designed to address specific challenges faced by its clients, thereby enhancing operational efficiency and fostering innovation. By enabling organizations to focus on their core tasks, Upstage AI helps them leverage AI technology to solve problems and advance their business processes effectively.

S-Alpha Therapeutics

Series A in 2021
S-Alpha Therapeutics Inc. is a digital therapeutics company based in Seoul, South Korea, founded in 2019. The company focuses on researching and developing health applications and platform technologies aimed at treating a variety of diseases. Its product lineup includes SAT-001, an application for eye disease; SAT-002, designed for neurological conditions; SAT-003, which aids in cancer recovery and treatment; and SAT-008, a public crisis application addressing social issues. In addition to these applications, S-Alpha Therapeutics also develops therapeutic devices that support its digital health solutions. The company aims to provide innovative treatment methods for areas such as ophthalmology, neuropsychiatry, cancer, and immunology, addressing unmet medical needs through digital approaches.

Solmedix

Series A in 2021
Provider of medical device development and commercialization services intended to offer new medical devices for advanced treatments and diagnoses. The company's service offerings include diagnosis of medical device ideas, prototype production, patents, national projects, empirical research, preclinical research, prototype development, technology transfer and product launch, enabling the smooth commercialization of startups with medical device ideas.

Jeongyookgak

Series C in 2021
Jeongyookgak Co., Ltd. is a South Korean company based in Seongnam-si that specializes in the online retail of fresh meats and dairy products. Founded in 2016, the company offers a diverse range of food items, including pork, beef, chicken, eggs, milk, and rice. Jeongyookgak is dedicated to providing customers with high-quality, grass-fed meat and other grocery essentials, ensuring rapid delivery of fresh and healthy food at competitive prices. The company aims to enhance the convenience of food shopping through its online platform, making it easier for consumers to access essential food ingredients.

TRU.

Series A in 2021
TRU Technologies is a technology company focusing on developing and operating Securities Finance software products.

Emocog

Seed Round in 2021
Emocog is a company focused on developing a digital therapeutic platform aimed at addressing cognitive impairment, particularly in dementia patients. The platform offers customized cognitive training to enhance memory and cognitive abilities for individuals experiencing mild cognitive impairment. Emocog's technology incorporates offline capabilities and artificial intelligence-based speaker services to encourage behavioral and lifestyle changes among patients. Additionally, it provides medical professionals with software-based cognitive training regimens and diagnostic tools, facilitating a more effective approach to dementia treatment. By focusing on personalized cognitive interventions, Emocog aims to improve the quality of life for patients dealing with cognitive challenges.

Jeongyookgak

Series B in 2020
Jeongyookgak Co., Ltd. is a South Korean company based in Seongnam-si that specializes in the online retail of fresh meats and dairy products. Founded in 2016, the company offers a diverse range of food items, including pork, beef, chicken, eggs, milk, and rice. Jeongyookgak is dedicated to providing customers with high-quality, grass-fed meat and other grocery essentials, ensuring rapid delivery of fresh and healthy food at competitive prices. The company aims to enhance the convenience of food shopping through its online platform, making it easier for consumers to access essential food ingredients.

Nota AI

Series A in 2020
NOTA’s deep learning model compression technology allows models to be stored individually on small edge devices without affecting the performance. Compared to large AI models, our on-device AI technology incurs only 20% of the previous cost and speeds up inference and predictions by 70%. Our compression removes latency, server/network cost, and privacy problems, while still achieving state-of-the-art performance at object detection, identification, and tracking. Clients can benefit from our stand-alone AI products at a lower cost, faster inference, and no privacy concerns.

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.

17LIVE

Series D in 2020
17LIVE Inc. is a live streaming platform operating primarily in Taiwan, Japan, South Korea, Singapore, and Hong Kong. Founded in 2015 and headquartered in New Taipei City, Taiwan, the company offers its live streaming services under the brand 17 Media and online dating services through its Paktor and Goodnight brands. The platform allows users to connect globally through instant audio and video, enabling them to showcase their talents and engage with audiences in real time. 17LIVE Inc. aims to create an interactive environment where individuals can pursue their passions and build meaningful connections. The company, previously known as M17 Entertainment Limited, rebranded in October 2020 and maintains additional offices in Hong Kong, Tokyo, Jakarta, and Kuala Selangor.

Sualab

Series C in 2019
Sualab Co., Ltd. develops and provides artificial intelligence-based deep learning machine vision solutions. It offers SuaKIT, a deep learning machine vision inspection software used in various manufacturing fields, such as display, solar, PCB, film, and semiconductor. The company is based in Seoul, South Korea. As of October 16, 2019, Sualab Co., Ltd. operates as a subsidiary of Cognex Corporation.

Nota AI

Seed Round in 2019
NOTA’s deep learning model compression technology allows models to be stored individually on small edge devices without affecting the performance. Compared to large AI models, our on-device AI technology incurs only 20% of the previous cost and speeds up inference and predictions by 70%. Our compression removes latency, server/network cost, and privacy problems, while still achieving state-of-the-art performance at object detection, identification, and tracking. Clients can benefit from our stand-alone AI products at a lower cost, faster inference, and no privacy concerns.

rainist / 레이니스트

Series C in 2019
Rainist Co., Ltd. is a South Korean financial technology company founded in 2012 and based in Seoul. The company develops a financial application known as BankSalad, which collects and analyzes users' financial data to provide recommendations for expenditure analysis and personal financial management. BankSalad also offers tailored suggestions for financial products, such as credit cards, based on users' spending patterns. Through these services, Rainist aims to enhance individuals' financial decision-making and improve their overall financial well-being.

ZigBang

Venture Round in 2019
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.

Wellem

Series C in 2019
Wellem operates a franchise of pediatric clinics, primarily the United Wellness Pediatric Gubei Clinic, which provides comprehensive care for infants, children, and young adults. The clinic adheres to American service standards and offers a range of services, including general pediatrics, pediatric dental care, specialized childcare, allergy and endocrine treatments, and imported vaccines. Wellem’s experienced medical staff is equipped to address various health issues, from physical growth and nutrition to language development and vision care. Additionally, the clinics facilitate preventative check-ups with minimal waiting times and straightforward registration processes, ensuring accessible healthcare for families. With a network of 12 clinics throughout China, Wellem aims to enhance pediatric healthcare through competition and innovation.

TAU-PNU MEDICAL

Venture Round in 2019
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.

Propzy

Convertible Note in 2019
Propzy is a comprehensive real estate platform based in Ho Chi Minh City, Vietnam, established in 2015. The company facilitates property sales and leasing transactions by providing a marketplace that integrates logistics, documentation, and transaction services. This approach enhances the user experience by enabling direct communication between buyers and sellers, as well as landlords and renters, thereby streamlining the transaction process. With Vietnam's growing internet and smartphone penetration, Propzy capitalizes on the increasing demand for efficient real estate services. The platform not only offers real estate search and agency services but also supports users in navigating the complexities of property transactions, ensuring that homes are verified and legally constructed. Led by founder John Le, a seasoned entrepreneur with a successful background in technology and finance, Propzy is positioned to capture significant market opportunities within Vietnam's real estate sector, which has substantial potential for growth in agency commissions.

MEATBOX

Series C in 2018
Operator of an online direct trading platform intended to sell meat products. The company's platform offers a range of livestock directly from the suppliers, enabling buyers to source packed, tested and fresh meat at affordable rates.

Cupix

Series A in 2018
Cupix, Inc. is a cloud-based software company established in 2015, based in Seongnam-si, South Korea. The company specializes in developing a photogrammetry solution that creates three-dimensional digital twins of physical spaces using 360-degree photos as input. Its software employs advanced computational geometry, computer vision, and machine learning technologies to generate realistic 3D representations of buildings, construction sites, and large facilities. Cupix offers functionalities such as dimension measurement, information annotations, interactive floor plans, and the ability to create, share, and manage virtual tours. The primary focus areas for the company are 3D documentation for construction sites and virtual tour authoring for real estate, enabling users to access and manage physical spaces virtually at any time.

NearthLab

Series A in 2018
NearthLab, Inc. is a technology-driven startup based in Seoul, South Korea, specializing in the design and development of autonomous drone systems and software for industrial inspections. Founded by aerospace engineering graduates from KAIST, NearthLab focuses on automating safety inspections in sectors such as renewable energy, defense, and public safety. Its flagship product is an all-in-one automated inspection solution for wind turbine blades, which utilizes drones to collect visual data, employs artificial intelligence to detect cracks and damages, and generates comprehensive reports with minimal human intervention. NearthLab's innovative approach allows clients, including leading global wind turbine manufacturers, to significantly reduce inspection times from hours to mere minutes, thereby enhancing operational efficiency and enabling wind farms to increase electricity generation. The company is actively serving multiple wind farms in Korea and is pursuing partnerships in international markets, including Japan and the United States, to expand its impact in the inspection industry.

Uberple

Series B in 2018
Uberple, Inc., founded in 2013 and based in Seoul, South Korea, operates an online platform designed for financial research. This platform integrates a search engine with a computational engine to facilitate access to extensive financial big data. It allows investors to search a vast database of documents, including news articles, corporate disclosures, sell-side research reports, IR reports, and market analyses spanning over 30 years. The platform's clustering algorithm helps users classify and summarize similar documents efficiently, enabling them to find relevant information quickly. Additionally, Uberple provides insights into how various real-world events impact financial markets, supporting users in forming and testing investment hypotheses without the need for complex calculations.

Odd Concepts

Venture Round in 2017
Odd Concepts Inc. develops computer vision and artificial intelligence technology solutions. The company’s products include an image recognition platform which is a portfolio of ready to use image recognition and search technology, as a cloud based API service and computer vision consulting. It develops an online software technology for video content searches to link offline shopping businesses to create O2O market. The company was incorporated in 2012 and is based in Seoul, South Korea.

MyMusicTaste

Series C in 2017
MyMusicTaste is a fan-initiated platform that connects fans, artists, and promoters to create meaningful live concert experiences. By empowering fans to request concerts from their favorite artists in their cities, MyMusicTaste leverages demand to provide valuable data-driven insights to artists and concert promoters. This innovative approach enables the organization of successful concerts worldwide, reshaping the landscape of live events and enhancing the overall concert-going experience.

ICM

Series B in 2017
ICM

ZigBang

Private Equity Round in 2017
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.

Stripes

Venture Round in 2017
Stripes is a Korea-based apparel company that designs and manufactures men’s clothing products. Stripes’ clothing collection carries directional designs, as well as every day favorites including, t-shirts, shirts, and suits. The company also provides personalized styling services, enabling customers to personalize their clothes and have them designed to a perfect fit. Stripes markets its product through the web and mobile medium, giving consumers the facility of buying clothes at the comfort of their homes. Stripes was established in January 2013.

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.

ZIGZAG

Series B in 2017
Creator of ZIGZAG, Korea's top shopping meta-service app for women. ZIGZAG finds a user's style across thousands of online shops. ZIGZAG is transforming Korea's Fast Fashion Industry. Users can effortlessly browse and bookmark their favorite shops, and search results are tailored for each individual. Retailers have their items automatically synced to match ZIGZAG's UI/UX. ZIGZAG constantly updates new items and prices to keep everyone on the same page. Staying stylish has never been so easy.

Dunamu

Series C in 2017
Dunamu Inc. is a South Korean company specializing in blockchain and securities services. Founded in 2012 and based in Seoul, it operates UPbit, a global cryptocurrency exchange that offers a mobile-ready trading platform with real-time coin prices and market analysis. Additionally, Dunamu provides a cryptocurrency market index through UBCI and blockchain-as-a-service via Luniverse. The company also offers securities information services through its Stockplus platform and investment services. In the media sector, Dunamu has developed News Mate, a mobile application that delivers digital copies of various Korean newspapers and magazines, enhancing access to news in the region.

Cardoc

Series B in 2017
Cardoc Inc. is a South Korean company that specializes in providing a mobile application for car body repair services. Founded in 2013 and based in Seoul, the application allows users to upload photographs of their vehicle's exterior damage to receive free repair estimates and text consultations from selected auto body shops in real time. Users can obtain their first estimate within an average of seven minutes and compare multiple offers without needing to register personal information. Over a 15-month service period, Cardoc processed transactions totaling $3.5 million, with registered stores experiencing significant growth rates of 30-100% monthly. The founding team comprises automotive enthusiasts who received support from Daum NIS, a startup incubation organization.

Wex24

Series B in 2017
Wex24 provides eCommerce businesses an easy and economical way to send out packages. They competitive shipping rates provide a web-based international multi-carrier shipping solution with competitive shipping rates for their customers that ship international packages. Wex24 has extraordinarily low negotiated shipping rates with their partners, allowing us to provide low rates for their customers. Wex24 helps their customers ship packages from anywhere in the world to anywhere in the world. They work closely with their partners in order to facilitate the burden and lower the price of sending out packages in an organized timely manner.

Lablup

Series A in 2017
Lablup, Inc. is a technology company based in Seoul, South Korea, that specializes in providing a Platform-as-a-Service (PaaS) solution tailored for machine learning environments. Its primary offering, Backend.AI, enables efficient cloud and server management through scalable GPU resource allocation and virtualization for containers. This platform facilitates the distribution of program code for designing and training deep learning models in both server and cloud settings. In addition to Backend.AI, Lablup offers CodeOnWeb, an educational platform that supports personalized programming instruction, and Callosum, a data streaming transport solution. Furthermore, the company is developing a natural language processing API to enhance its service offerings. Founded in 2015, Lablup is focused on bridging the gap between technological innovations and their societal impacts.

AM Telecom

Series C in 2017
AM Telecom is a technology company that manufactures telecommunication devices. Established in 2001, the company began with the development of mobile phones, started the business of M2M module in 2006, and succeeded in developing the first 3G + TRS-Dual-mode-phone in 2008. Its business scope expands to Convergence products, which are engaged in M2M modules. The general-purpose M2M module product has the industry's highest development capability and superior quality as a mobile communication repeater, security system, telematics terminal , Health care, smart grid, etc., and its quality has been verified and accepted.

TAU-PNU MEDICAL

Series A in 2017
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.

Genesystem

Series B in 2017
Genesystem is a biotech engineering company specializing in instrumentation of molecular diagnostics devices. It develops and markets state-of-the-art PCR instruments as well as related reagents and microfluidic devices which are designed to enhance the health of human societies and ultimately improve the quality of human life. The company is also open for customized engineering services for the clients in biotechnology industry. Genesystem assures it clients that that companies engineering expertise and know-how would create greater values their client’s application.

MEATBOX

Series B in 2017
Operator of an online direct trading platform intended to sell meat products. The company's platform offers a range of livestock directly from the suppliers, enabling buyers to source packed, tested and fresh meat at affordable rates.

Glowdayz

Series B in 2017
Glowdayz, Inc. is a South Korean IT company established in 2013 that focuses on mobile application development for the cosmetics and real estate sectors. The company has launched two primary products: Glowmee and Brokery. Glowmee is a mobile beauty curation service that delivers content related to beauty and cosmetics, offering users insights on the latest products, reviews, and recommendations from popular brands. It also provides additional features such as magazines and beauty box subscriptions. Brokery, on the other hand, serves the real estate market by informing users about available accommodations and connecting them with local brokers. Glowdayz aims to provide genuine, user-driven information that assists consumers in making informed cosmetic purchasing decisions.

Stripes

Series B in 2017
Stripes is a Korea-based apparel company that designs and manufactures men’s clothing products. Stripes’ clothing collection carries directional designs, as well as every day favorites including, t-shirts, shirts, and suits. The company also provides personalized styling services, enabling customers to personalize their clothes and have them designed to a perfect fit. Stripes markets its product through the web and mobile medium, giving consumers the facility of buying clothes at the comfort of their homes. Stripes was established in January 2013.

Kneader

Seed Round in 2017
Needer operates an online recruitment service aimed at providing a specialized job-matching portal for temporary and part-time work. Employers can post jobs, view candidate profiles, and hire candidates using the company's career management services, which allow job seekers to create a profile that includes their skills, education, and experience, as well as view and apply for jobs.

Novomics

Series C in 2017
Nobomics

Globalnetworks

Series B in 2017
Globalnetworks is a South Korean software company engages in providing online platform for livestock direct deal. The company offers brokerage of industrial agricultural raw materials and live animals. Globalnetworks was founded on May 19, 2014 and is headquartered in Yongin, South Korea.

Best Bristle

Series B in 2017
Since 1998, BBC has contributed to enrichment of life quality through Innovative creation and provision of trustable filaments that meet customer’s needs. Nowadays, in the market environment such rapidly changing situation, as a leader of oral care industry, they have recognized that they have great responsibilities. One of the responsibilities is to provide their customers with quality products but most importantly, they also have the responsibility to support Human and Nature which they live with and in. They are committed to achieving these important goals W.I.T.H BBC and doing their upmost to earn trust of their customers as well as communities.

StyleShare

Venture Round in 2016
StyleShare Inc. is a South Korean company established in 2011 that operates a mobile and web application focused on fashion, beauty, and lifestyle. The platform allows users to share and receive real-time updates regarding the latest trends in these areas. With millions of users from 120 countries, StyleShare has emerged as a leading mobile platform for daily fashion and beauty enthusiasts. The application has gained significant recognition within the industry, being highlighted by prominent publications such as VOGUE, Instyle, and Elle Japan, affirming its status as a top choice for users interested in fashion and lifestyle sharing.

Needer

Seed Round in 2016
Needer develops mobile application that provides formation retrieval service. The company is headquartered in Busan, South Korea.

Novomics

Series B in 2016
Nobomics

Faborie

Seed Round in 2016
Faborie

SPACOSA Corp.

Seed Round in 2016
SAPCOSA is a South Korean company established in 2012. SPACOSA provides real time locating system to enterprises can get precise real time location and saves logs automatic. SPACOSA is a location-based service company provide CatchLoc, FAMY application, LINK beacon to locating things and people in real time. It has received numerous awards include TechCrunch event.

SIOT

Seed Round in 2016
Siot is a Korean company that provides a value-added services platform for shopping mall promotions.

Madup

Venture Round in 2016
Madup specializes in mobile app marketing services, focusing on optimizing advertising efficiency for startups and small to medium-sized businesses. The company provides a range of services, including app marketing consulting, platform management, and advertisement planning. Utilizing data from tracking tools, Madup implements various marketing strategies such as reward marketing, cost-per-install (CPI), cost-per-action (CPA), and cost-per-thousand impressions (CPM) to enhance the effectiveness of clients' advertising efforts. By collaborating with major companies across diverse sectors, including commerce, real estate, and education, Madup aims to address the digital marketing challenges faced by its clients. The company is committed to employing innovative, ad tech-based performance marketing techniques to maximize the marketing value for its clients, while continually adapting to trends and revenue models in the mobile app market.

Uberple

Series A in 2016
Uberple, Inc., founded in 2013 and based in Seoul, South Korea, operates an online platform designed for financial research. This platform integrates a search engine with a computational engine to facilitate access to extensive financial big data. It allows investors to search a vast database of documents, including news articles, corporate disclosures, sell-side research reports, IR reports, and market analyses spanning over 30 years. The platform's clustering algorithm helps users classify and summarize similar documents efficiently, enabling them to find relevant information quickly. Additionally, Uberple provides insights into how various real-world events impact financial markets, supporting users in forming and testing investment hypotheses without the need for complex calculations.

Kstone

Series B in 2016
Kstone is a South Korean company established in 2004, specializing in cash van services that facilitate financial transactions for customers. The company offers a range of services, including bank transfer services, cash withdrawal through mobile cash van machines, out-of-store ATM management, fund settlement, account transfers, and prepaid card services. Based in Seoul, Kstone aims to provide efficient and accessible solutions for managing cash flow and financial operations.

Uelectronics

Series E in 2016
Uelectronics focuses on the development and production of MEMS-based uncooled far-infrared sensors, leveraging over 15 years of expertise in MEMS technology. The company specializes in microbolometer-type infrared thermal imaging sensors and offers a range of products, including infrared sensing materials, MEMS sensor pixel design, ROIC design, and manufacturing processes. Uelectronics is notable for its innovation in wafer-level vacuum packaging (WLVP), which it first implemented in 2010, making it a pioneer in this area for infrared sensors. This technology is crucial for high-volume commercial applications requiring compact imager sizes. By providing superior yields, smaller dimensions, and reduced costs, Uelectronics delivers significant advantages to its customers, facilitating miniaturization and enhancing user-friendliness in various markets.

Loplat

Series A in 2016
Loplat is a company based in Seoul, South Korea, that specializes in cloud-based location data analysis. Founded in 2015, it focuses on indoor positioning technology using Wi-Fi, enabling retail stores to track customers' real-time locations without the need for additional devices like beacons. The company's offerings include a real-time locating system and analytical tools that transform location data into actionable insights, helping businesses understand customer behavior and optimize marketing strategies. Loplat's place recognition engine allows for the analysis and management of the places customers visit through an application programming interface (API). Additionally, its dashboard, known as Leaflet, provides insights into offline store behavior and tracks customer movement within stores. Loplat also launched the crowd-sourcing app "Cash Place," which gathers wireless location data and maintains up-to-date information on new and closing stores.

Sentbe

Series A in 2016
SentBe is a fintech company established in 2015 and headquartered in Seoul, South Korea. It specializes in providing an online platform for international money transfers, allowing customers to send and receive funds across borders with ease. The service is designed to be faster and more convenient than traditional methods, aiming to simplify the process of transferring money abroad. Through its innovative approach, SentBe seeks to enhance the global financial landscape by facilitating seamless financial transactions.

MAD Square

Venture Round in 2016
MAD Square provides a video streaming platform which disrupts he way media and video content are curated, monetized, distributed, discovered, and consumed. The company was established in 2015 and is based in Seoul, South Korea.

Dable

Series A in 2016
Dable, Inc. is a South Korean company established in 2015 that operates an online content discovery platform utilizing big data. The company specializes in providing personalized content recommendation solutions and native advertising services, aiming to enhance user engagement through tailored product and content suggestions. By analyzing behavioral data from both online and offline interactions, Dable's platform enables businesses to create and edit content in real-time across various formats. This innovative approach not only helps clients increase page views and profitability but also seeks to enrich consumers' lifestyles by extending its personalization services beyond the digital realm. With a background in developing successful recommendation platforms, the team is focused on expanding its capabilities to meet the evolving needs of users and businesses alike.

Reality Reflection

Series A in 2016
Reality Reflection Inc. develops virtual reality games. The company provides various virtual reality games and services, which includes music inside, a rhythm game; speedball arena, a sports game; gangsta underground, the poker game; vmoji, augmented reality chatting; dancing zena, 3D character research and development scanning; and miniature td, a tower defense game. Reality Reflection Inc. also developed a 3D video production system that creates 3D human avatars using facial scans, full body scans, and 3D video capture. The company was founded in 2015 and is based in Seoul, South Korea.

LivsMed

Venture Round in 2016
Livsmed Inc. manufactures surgical equipment which helps doctors reach narrow surgical sites precisely. The tool allows multiple degrees of movement for more complex techniques in surgical procedures. The company manufactures tools, such as bipolar fenestrated forceps, mono-polar Maryland dissector, short needle holder, and clip applier. The company is headquartered in Seongnam-si, South Korea.

ZeroWeb

Series D in 2016
ZeroWeb is a mobile platform designed specifically for small to medium-sized businesses. It addresses structural challenges within the business cycle ecosystem, allowing these enterprises to manage their operations more sustainably. By leveraging data-driven analysis and strategic management tools, ZeroWeb enables businesses to enhance their efficiency and accuracy in decision-making. The platform aims to empower business owners to take control of their management processes, ultimately fostering growth and improved performance.

Sualab

Series A in 2016
Sualab Co., Ltd. develops and provides artificial intelligence-based deep learning machine vision solutions. It offers SuaKIT, a deep learning machine vision inspection software used in various manufacturing fields, such as display, solar, PCB, film, and semiconductor. The company is based in Seoul, South Korea. As of October 16, 2019, Sualab Co., Ltd. operates as a subsidiary of Cognex Corporation.

KOKOMO Games

Series B in 2016
KoKomo is comprised of experienced team members who have successfully developed, launched and operated various online games including “Lineage2“, the first 3D MMORPG in Korea which has been loved by many users for more than 10 years, and NCSoft’s flagship MMO title “Blade&Soul“. Contrary to today’s trend in the game market which is inclined towards TCG and other midcore RPG games, KoKoMo would like to focus on hardcore RPG genre which remains as blue ocean. They are aiming to develop a flagship mobile MMORPG game that can also target gamers in Asia, who have similar characteristics and interests to gamers in Korea.

Flitto

Series B in 2016
Flitto Inc. is a South Korean company that operates an integrated platform for language data and translation services. Founded in 2012 and headquartered in Seoul, Flitto connects requesters and translators through its website and mobile application. The platform supports around 24 languages, including Korean, English, Chinese, and Spanish, and offers translations for diverse content such as social media feeds, web comics, and e-commerce deals. Flitto utilizes a crowdsourcing model that incorporates a point system, encouraging translators through gamification and financial incentives based on their performance in speed, quality, and quantity of translations. Users can redeem their accumulated points for monetary rewards or donate them to charity. Additionally, Flitto has integrated AI translation capabilities into its services, providing users with accurate translations for text, voice, and images, leveraging its extensive language data. The company's offerings also include B2B services, such as language data and corporate translation services.

Spoqa

Series D in 2016
Spoqa, Inc. is a South Korean startup established in 2012 that specializes in mobile marketing solutions, primarily through its platform, Dodo Points. This system provides a tablet-based loyalty solution that allows local merchants to engage with customers by enabling them to voluntarily input their phone numbers on tablets positioned at store counters. This process facilitates membership benefits without the need for app downloads or lengthy sign-ups. Since its inception, Spoqa has expanded its offerings to include "Dodo Insight," an analytical customer management interface, "Dodo Message," a marketing automation service, and "Dodo Ads," a targeted advertising service. These tools cater to a diverse clientele, ranging from small coffee shops to large hotel brands, helping them connect effectively with their target markets.

Washon

Venture Round in 2016
Washon is an on-demand laundry service operating in the Seoul metropolitan area of Korea. The company provides a platform that allows users to schedule customized laundry services at their convenience, including options for collection and return times. Washon aims to enhance the laundry experience by offering a user-friendly interface and an accident compensation system, ensuring a reliable service. This approach is designed to meet the diverse needs of customers, making laundry tasks more manageable in their daily lives.

Intocell

Series A in 2016
Intocell Inc. is a company based in Daejeon, South Korea, that specializes in the development and commercialization of innovative conjugate platform technologies. Founded in 2015, Intocell focuses on creating advanced solutions that integrate various components, including scaffold moieties, ligands, toxins, linkers, and conjugation methods. These technologies are designed to enhance therapeutic efficacy and offer novel approaches in the fields of medicine and biotechnology.

Sualab

Seed Round in 2015
Sualab Co., Ltd. develops and provides artificial intelligence-based deep learning machine vision solutions. It offers SuaKIT, a deep learning machine vision inspection software used in various manufacturing fields, such as display, solar, PCB, film, and semiconductor. The company is based in Seoul, South Korea. As of October 16, 2019, Sualab Co., Ltd. operates as a subsidiary of Cognex Corporation.

Novachips

Series C in 2015
Novachips is a prominent provider of flash storage processors and storage drives, focusing on delivering enterprise-class storage solutions. The company has redefined flash storage, prioritizing breakthrough capacity and scalability in its products. Novachips offers advanced solid-state drive capabilities, catering to the increasing demands for high storage capacity in various applications. By innovating from the core of flash storage technology, Novachips enables clients to leverage superior storage solutions tailored for robust performance in enterprise environments.

Plasmapp

Series A in 2015
Plasmapp Co. Ltd., established in 2015 and located in Daejeon, South Korea, specializes in plasma engineering technology, focusing on the development of plasma curing and sterilization solutions. The company has introduced innovative products such as PMPS, a multi-purpose atmospheric plasma device for generating plasma-treated water and sterilizing medical instruments, and STERPACK packaging pouches, which serve as a novel plasma sterilizer for medical tools. Additionally, Plasmapp has created the PNCM system for precise in-situ monitoring of NOx concentrations. The company draws on advanced plasma technologies developed from research at KAIST and aims to provide effective engineering solutions for various industries, including food processing and medical applications.

Stripes

Series B in 2015
Stripes is a Korea-based apparel company that designs and manufactures men’s clothing products. Stripes’ clothing collection carries directional designs, as well as every day favorites including, t-shirts, shirts, and suits. The company also provides personalized styling services, enabling customers to personalize their clothes and have them designed to a perfect fit. Stripes markets its product through the web and mobile medium, giving consumers the facility of buying clothes at the comfort of their homes. Stripes was established in January 2013.

MAKEUS

Venture Round in 2015
MAKEUS Co., Ltd. is a South Korean company based in Seoul that specializes in developing a digital media content platform. This platform is designed to optimize video content for mobile and social networking sites, producing a diverse array of subjects, including music, food, travel, and beauty. In addition to its video-sharing capabilities, MAKEUS also offers advertising solutions based on digital media, enhancing user engagement and content visibility. The company focuses on enabling users to watch and share video content seamlessly across various platforms.

Wantedlab

Seed Round in 2015
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.

HFR

Series A in 2015
HFR is a prominent provider of network infrastructure equipment and services in the Korean telecom market, catering to carriers, enterprises, and data centers for over fifteen years. The company specializes in a range of solutions, including mobile fronthaul and backhaul, optical and packet networking, gigabit Ethernet access, cellular coverage systems, and optical transport systems. HFR's offerings are designed to be user-friendly, efficient, and cost-effective, addressing the specific needs of its customers. Their technological leadership stems from innovative developments in optical and radio networking technologies, coupled with extensive experience in the telecom sector.

Flitto

Series A in 2015
Flitto Inc. is a South Korean company that operates an integrated platform for language data and translation services. Founded in 2012 and headquartered in Seoul, Flitto connects requesters and translators through its website and mobile application. The platform supports around 24 languages, including Korean, English, Chinese, and Spanish, and offers translations for diverse content such as social media feeds, web comics, and e-commerce deals. Flitto utilizes a crowdsourcing model that incorporates a point system, encouraging translators through gamification and financial incentives based on their performance in speed, quality, and quantity of translations. Users can redeem their accumulated points for monetary rewards or donate them to charity. Additionally, Flitto has integrated AI translation capabilities into its services, providing users with accurate translations for text, voice, and images, leveraging its extensive language data. The company's offerings also include B2B services, such as language data and corporate translation services.

Encored

Series A in 2014
Encored, Inc. is a company that specializes in developing a cloud-based energy big-data platform designed to enhance energy efficiency for residential and commercial clients in the United States and Japan. The platform offers a variety of features, including real-time peak monitoring, structural usage analysis, energy consumption tracking, and goal management, all aimed at identifying opportunities for energy savings and optimizing operations. Founded in 2013 and based in San Jose, California, Encored utilizes advanced disaggregation technology and data science to provide valuable insights into energy usage. The company is composed of a diverse team of experts, including mathematicians, statisticians, and computer scientists, who are committed to making a positive impact on society by promoting efficient energy use and supporting energy-underprivileged individuals.

Pearl Abyss

Series A in 2014
Pearl Abyss is the developer of Black Desert Online, the Next-Gen Sandbox MMORPG. Located near Seoul, South Korea, Pearl Abyss is currently a home to one of the most talented and experienced people in gaming industry.

Ybrain

Series A in 2014
Ybrain Inc. is a South Korean company founded in 2013 that specializes in developing wearable devices utilizing neuroscience technology to address brain disorders and enhance mental well-being. The company's primary focus is on creating devices based on transcranial direct current stimulation (tDCS) aimed at treating conditions such as Alzheimer's, mild cognitive impairment, and major depressive disorder. Ybrain is actively conducting clinical trials in Korea to validate the efficacy of its products. In addition to its wearable devices, the company is developing a big data platform that leverages brain signals collected through its proprietary quantitative electroencephalography (qEEG) software, enabling more targeted and personalized treatment options for patients suffering from psychiatric illnesses.

CLO Virtual Fashion

Series A in 2014
CLO Virtual Fashion Inc. specializes in three-dimensional (3D) visualization technologies tailored for the fashion industry. Established in 2009 and headquartered in Seoul, South Korea, with an office in Munich, Germany, the company offers CLO3D, a software solution for garment simulation, and CLO Innovation, which enhances interdepartmental collaboration through 3D technology. Its services cater to a diverse clientele, including licensed sportswear brands and luxury leather goods manufacturers. CLO Virtual Fashion's product range includes CLO for apparel designers, Marvelous Designer for gaming and animation character artists, Benefit by CLO for virtual fittings, and CLO-SET for communication and archiving of virtual garments. By continuously advancing its 3D and garment design capabilities, the company aims to revolutionize the production and consumption of both physical and virtual garments, facilitating improved collaboration and reduced lead times in the digital product lifecycle.

ChannelBreeze

Series B in 2014
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.

Iamcompany

Series A in 2014
‘iamcompany’ is a student startup based on KAIST Midam committee and other educational charity services within KAIST. The company’s vision is to find students’potential through internet based technologies. To fulfill this vision, the company received 2 billion won investment from various investors. Service ‘iamschool’ is a mobile app that sends various educational institutions’ news and other contents to students’ caregivers. Just like ‘Twitter’, educational institutions send contents and news publicly. Caregivers search and follow institutions. (Download: play.google.com/store/apps/details?id=com.imcompany.school2) ‘iamclass’ is a web service that sends institutions’ information about students or institution itself directly to students’ caregivers. This app also advertises educational institutions to their target market. (Download: play.google.com/store/apps/details?id=com.imcompany.school2)

Wider Planet

Series B in 2014
WIDER PLANET Inc. operates advertising platforms in South Korea and internationally. Its platforms analyze digital users’ preferences and interests based on big data, and recommends and delivers optimal, targeted marketing, and advertisement contents. The company offers demand side platform that provides information about categorized users to meet the client’s needs; data management platform, a marketing tool to collect and analyze holistic behavioral data of target customers; real-time bidding platform; and SSP advertising tool. It also provides display and mobile advertising services. The company was founded in 2010 and is based in Seoul, South Korea.

ZigBang

Series B in 2014
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.

Zoyi

Seed Round in 2014
Zoyi Corporation is a retail technology company based in Seoul, South Korea, specializing in customer analytics tools for retailers. The company offers Walk Insights, an offline retail analytics solution that captures and analyzes wireless signals from mobile devices to gather real-time visitor data. This solution enables retailers to understand external traffic patterns, store visits, dwell time, and the behavior of returning customers. By leveraging advanced technology, Zoyi aims to enhance the offline shopping experience and provide valuable insights to retailers.

Woowa Bros

Series C in 2014
WOOWA BROS (우아한형제들) is a Korean developer of smartphone applications and advertising platforms. Its service portfolio also includes local marketing and web services solutions and products, such as a sports events app and a food delivery app. WOOWA BROS was established in March 2011 in Seoul, Korea.

Opensurvey

Series B in 2014
• Founded in 2011, ​the company has been the dominant mobile research provider in Korea. Since then, we have accumulated variety of experiences and developed a deep understanding how market research should be on smart devices. • The platform(OpenSurvey™) provides not only fast collection of data, or automated analysis of result, but real-time access to one third million consumer panels in Korea. Now we are working with 1,200 corporate clients including Kimberly-Clark, Kakao, and Facebook. • The company raised $6M investments from SoftBank Ventures and renowned entrepreneurs in Korea.

4PLAT

Series A in 2013
4PLAT is a game developer and publisher focused on providing optimized mobile RPG games for massive simultaneous group playing. Its game player base is growing recently with creating high LTV and ARPPU and being recognized for its mobile game business. 4PLAT is based in Seoul, Seoul-t’ukpyolsi.

DMB Technology

Series B in 2013
Develops power management solutions that are based on analog-mixed signal power management integrated circuits.

Between

Series B in 2013
Between is a mobile application developed by VCNC, designed specifically for couples to enhance their communication and relationship. The app provides a secure platform where users can chat, share photos and videos, track anniversaries, and collaboratively manage their schedules. By creating a private space for couples, Between aims to help users cherish and remember special moments together, thereby fostering deeper connections. The application is accessible on both the iTunes Store and Google Play, making it widely available for users seeking to enrich their relationships.

Opensurvey

Series A in 2013
• Founded in 2011, ​the company has been the dominant mobile research provider in Korea. Since then, we have accumulated variety of experiences and developed a deep understanding how market research should be on smart devices. • The platform(OpenSurvey™) provides not only fast collection of data, or automated analysis of result, but real-time access to one third million consumer panels in Korea. Now we are working with 1,200 corporate clients including Kimberly-Clark, Kakao, and Facebook. • The company raised $6M investments from SoftBank Ventures and renowned entrepreneurs in Korea.

MetalLink

Series E in 2012
Innovation engineering & manufacturing of Electrical and Mechanical Equipment requires a high specialization. Metal Link Inc. founded in 1999. Also took over machinery division. We have preserved its core values, namely in specialization and customer focus. Metal Link Inc. has experienced a constant growth in the field of machinery and wire industry confirming their sincere customer’s variety of demands. Their technologies are in demand all over the world for wire & cable machinery, aluminium Rod & conductor, aluminium tube, high & low carbon steel wire, stainless wire, steel wire rope, are their main products.

Playnery

Series A in 2012
PLAYNERY (플레이너리) is a Korean developer of multiplatform 3D social online games with high quality graphical interfaces. Its product portfolio includes Mother of Myth, a mobile action role-playing game with a card collecting system. PLAYNERY was established in October 2007 in Seoul, Korea.

Nvius

Series B in 2012
Nvius Co., Ltd. develops games for multiple platforms. It develops console, PC, mobile, social interaction, and online games. The company was founded in 2009 and is based in Seoul, South Korea. As of April 22, 2016, Nvius Co., Ltd. operates as a subsidiary of Mr. Blue Corporation.

Think2

Venture Round in 2012
Think2 provides online education services in mathematics. It provides study plans, online and offline content, and learning resources. The company was founded in 2010 and is based in Seongnam-si, South Korea.

IRUJA

Series B in 2012
IRUJA Corp. is a South Korean company specializing in the manufacturing of semiconductors and electronic components. Founded in 2007 and headquartered in Asan, the company produces a range of products, including LED and OLED lighting, Low-E glass, barrier and ITO films, as well as solar cells. Additionally, IRUJA develops cluster sputter systems that facilitate vapor deposition and in-line sputtering processes, primarily for the production of flat panel displays. The company is committed to advancing next-generation technologies and eco-friendly solutions, emphasizing research and development and the cultivation of human resources to maintain a competitive edge in the global market. Through continuous innovation and a customer-oriented approach, IRUJA aims to deliver superior technology and products that meet the evolving needs of its clients.

RocketOz

Seed Round in 2012
RocketOz (로켓오즈) is a Korean company engaged in social mobile game development. The company has developed Train City, a free mobile game enabling users to build their own virtual city through their mobile phones.
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