Stonebridge Capital

Stonebridge Capital is a private equity investment firm founded in 2008 and based in Seoul, South Korea. The company specializes in alternative investments, focusing on long-term growth opportunities. With a proven track record, Stonebridge Capital has established and managed ten funds that demonstrate consistent investment performance. This success can be attributed to the firm's industry expertise and a diligent approach to risk management, ensuring that investments are well-informed and strategically sound.

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

Managing Director

Dean Kim

Founder / Partner

Ho Jin Kim

Investment Manager

Han Su Lee

Managing Director

Taewoo Lee

Investment Manager

Han Kook Park

Managing Director and General Manager

Sung Joon Park

Senior Managing Director

Ikhwan Sung

Senior Managing Director

Past deals in Eastern Asia

Jeongyookgak

Series D in 2022
Jeongyookgak is a producer and seller of fresh meat and groceries, specializing in the delivery of high-quality food items. The company offers a variety of products, including pork, beef, eggs, and grass-fed meat, catering to customers seeking fresh and healthy food options. By providing online assistance for food delivery, Jeongyookgak aims to ensure rapid shipment of its products while maintaining reasonable prices, making it a convenient choice for consumers looking for quality meat and groceries.

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 monitors and provides customized cognitive training to increase memory for dementia patients.

onepredict

Series C in 2022
Established in 2016, OnePredict is a leader in industrial AI (Artificial Intelligence) technology and 9 time winner of the 'Global PHM Data Challenge' for the best industrial AI based Machine Digitalization & Intelligence solutions. OnePredict provides advanced AI solutions, the GuardiOne® Series, Cells, Edge, and Cloud solutions. GuardiOne® specializes in industrial AI solutions such as bearings, turbines, wind (wind farm), transformers, robots, and motors, and is expanding to various other industries.

Upstage

Series A in 2021
Upstage AI is a provider of customized AI services designed to help businesses with artificial intelligence. The company delivers AI models based on the demands of the business to address the customer's core activities while also improving the efficiency and progress of the business process, allowing clients to solve problems and meet the company's AI innovation goals.

Athena's Lab

Series A in 2021
Athena’s Lab is a lifestyle and education technology company that improves student daily life to be an effortless experience as a useful friend in their journey throughout K12. One of the company’s main services, ‘TodaySchool’, a student lifestyle platform, enables its users to easily get access to essential information regarding their school and education. By simply entering only their school and class, users get access to their timetable, cafeteria menu, extracurricular academies, in-app community, and many more. Around one million users have joined in. The company’s other services are ‘Prompie’ and ‘Prompie Academy’, which connects tutors and extracurricular academies with consumers. ‘Prompie’ currently has 110K tutors and ‘Prompie Academy’ has the most amount of academy reviews and ratings in Korea. The company has raised $3 million from seven investors including Korea Investment Partners (KIP), Stonebridge Ventures, Schmidt, Industrial Bank of Korea, Banks Foundation for Young Entrepreneurs (D-Camp), Korea Credit Guarantee Fund (KODIT).

S-Alpha Therapeutics

Series A in 2021
S-Alpha Therapeutics Inc. is a digital therapeutics company based in Seoul, South Korea, founded in 2019. It focuses on researching and developing health applications and platform technologies designed to treat various diseases through digital devices. The company's product lineup includes SAT-001 for ophthalmology, SAT-002 for neurology, SAT-003 for oncology, and SAT-008 for addressing social issues. In addition to these applications, S-Alpha Therapeutics is engaged in developing therapeutic devices aimed at providing innovative treatment solutions for conditions that are challenging to address with existing medical technologies. The company strives to create a healthier and more equitable society by leveraging the intersection of biology and information technology to meet unmet medical needs.

Solmedix

Series A in 2021
Solmedix is a company focused on the development and commercialization of innovative medical devices aimed at enhancing treatment and diagnostic capabilities. Utilizing its MOSAIC Platform, Solmedix provides a range of services that include evaluating medical device concepts, producing prototypes, securing patents, and conducting empirical and preclinical research. The company supports the entire lifecycle of medical device development, from initial idea diagnosis to technology transfer and product launch. By offering these comprehensive services, Solmedix aims to facilitate the successful commercialization of startups with promising medical device concepts.

Jeongyookgak

Series C in 2021
Jeongyookgak is a producer and seller of fresh meat and groceries, specializing in the delivery of high-quality food items. The company offers a variety of products, including pork, beef, eggs, and grass-fed meat, catering to customers seeking fresh and healthy food options. By providing online assistance for food delivery, Jeongyookgak aims to ensure rapid shipment of its products while maintaining reasonable prices, making it a convenient choice for consumers looking for quality meat and groceries.

TRU Technologies

Series A in 2021
TRU Technologies is a technology company specializing in the development and operation of securities finance software products. The firm offers innovative solutions aimed at enhancing efficiency in the securities lending market, enabling financial institutions to communicate effectively and conduct secure transactions. By focusing on advanced technology, TRU Technologies facilitates collaborative partnerships across borders, helping to streamline processes and remove barriers within the global securities finance landscape.

Emocog

Seed Round in 2021
Emocog monitors and provides customized cognitive training to increase memory for dementia patients.

CHAI

Series B in 2020
CHAI is a fintech company focused on developing infrastructure technologies aimed at enhancing the digital economy. The company offers a comprehensive platform that includes a debit card, a merchant-facing payment API, and an e-wallet, all of which utilize blockchain technology. This platform enables both merchants and individual users to access a variety of payment options quickly and efficiently, allowing merchants to integrate these solutions in under an hour. Additionally, users can conveniently make online purchases by linking their bank accounts.

Jeongyookgak

Series B in 2020
Jeongyookgak is a producer and seller of fresh meat and groceries, specializing in the delivery of high-quality food items. The company offers a variety of products, including pork, beef, eggs, and grass-fed meat, catering to customers seeking fresh and healthy food options. By providing online assistance for food delivery, Jeongyookgak aims to ensure rapid shipment of its products while maintaining reasonable prices, making it a convenient choice for consumers looking for quality meat and groceries.

Nota AI

Series A in 2020
Nota AI is a tech startup with a focus on optimizing AI models with NetsPresso, our proprietary hardware-aware AI optimization platform and enabling a diverse range of AI solutions including those for the intelligent transportation systems and low-powered driver monitoring system.

17Live

Series D in 2020
17LIVE Inc. operates a live streaming platform that serves markets in Taiwan, Japan, South Korea, Singapore, and Hong Kong. Founded in 2015 and headquartered in New Taipei City, Taiwan, the company provides live streaming services under the 17 Media brand and online dating services through its Paktor and Goodnight brands. The platform enables users to share their life stories and talents while fostering social connections through live video interactions. In addition to its main headquarters, 17LIVE has offices in Hong Kong, Tokyo, Jakarta, and Kuala Selangor. The company, previously known as M17 Entertainment Limited, rebranded to 17LIVE Inc. in October 2020, reflecting its focus on integrating instant audio and video technologies to connect users globally.

Sualab

Series C in 2019
SUALAB researches disruptive innovation technology based on artificial intelligence. They believe they can increase the value of the time given to humanity by automating tasks that are done by individuals instead of machines.

Rainist

Series C in 2019
Rainist is a Korean software company that recommends financial products based on one's life patterns. Its service is BankSalad, a credit card recommendation service based on one's spending patterns.

Nota AI

Seed Round in 2019
Nota AI is a tech startup with a focus on optimizing AI models with NetsPresso, our proprietary hardware-aware AI optimization platform and enabling a diverse range of AI solutions including those for the intelligent transportation systems and low-powered driver monitoring system.

ZigBang

Venture Round in 2019
ZigBang Co., Ltd. is a South Korean company founded in 2010, specializing in a property listing platform that connects real estate agents with renters. The company offers a user-friendly marketplace for apartment hunting through its mobile and web applications, allowing users to search for rental properties based on criteria such as the number of rooms, occupants, and price. ZigBang has reported approximately 6 million users, although this figure includes both active and inactive accounts. The platform aims to simplify the rental process and help users make informed choices while potentially saving money on housing.

Wellem

Series C in 2019
Wellem is an operator of pediatric clinic franchise. United Wellness Pediatric Gubei Clinic (Wellem) is a private clinic that provides care for babies, children, and young adults. They believe in leveraging competition and innovation to create better care, and base their service on the American service standard. They offer general pediatrics, pediatric dental care, specialized childcare, and imported vaccines. And can help children with any issue from physical growth, to nutrition, and language to vision, and even academic skills. Parents can also bring their children for preventative check ups, with little waiting time and simple registration.

Sentbe

Series B in 2019
Founded in 2015, SentBe is a Global FX Total Solutions Provider, offering innovative remittance and payment services for individuals and businesses, with a mission to create "A World Without Financial Borders." SentBe is leading the global market with its extensive global partnerships and foreign exchange management capabilities, providing an unparalleled business infrastructure that aligns with global standards. By offering optimized cross-border payment solutions that enhance the competitiveness of SentBe’s clients both domestically and internationally, SentBe leads the way in delivering borderless financial services.

MEATBOX

Series C in 2018
MEATBOX is a B2B online commerce platform specializing in livestock products, facilitating direct trading between suppliers and buyers. The platform offers a variety of fresh, packed, and tested meat products at competitive prices. A notable feature of MEATBOX is 'My Box,' a storage space-sharing service designed for restaurants and butcher shops. This service allows customers to store their purchased frozen meat products and request deliveries as needed. By enabling businesses to maintain sufficient inventory while reducing storage costs, My Box enhances operational efficiency, especially during unexpected spikes in demand. The service is accessible via the MEATBOX PC and mobile apps, which enable users to easily request deliveries and confirm receipt of their stored items.

Cupix

Series A in 2018
Cupix, a South Korean company with subsidiaries in the U.S. and Australia, as well as offices in Singapore, the UK, and Lebanon, specializes in AI-powered 4D as-built platforms, revolutionizing how structures are designed, built, and maintained. Founded in 2015, Cupix has emerged as an industry leader with a focus on scalability and innovation.

Nearthlab

Series A in 2018
Nearthlab is a technology-driven start-up founded by MS and PhD graduates in aerospace engineering from KAIST (Korea Advanced Institute of Science and Technology). It provides autonomous drone solutions powered by proprietary deep-learning algorithms for safety inspection in the wind and renewable energy sectors. It has developed AI technology enabling autonomous flight under low-computing power and low-latency environment and has 20+ patents in Korea and overseas. Nearthlab’s products consist of NearthWIND Pro (the autonomous drone for wind turbine inspection detecting cracks and damages by AI), Zoomable (the cloud-based data platform for inspection data management and analysis), and NearthWIND Mobile (the mobile-based autonomous flight control solution). Nearthlab has strong backing from top-tier VCs in Korea, including IMM Ventures, K2, Stonebridge, Company K Partners, Mirae Asset, SBI, STIC Ventures, and others.

DeepSearch

Series B in 2018
DeepSearch offers a vast financial, corporate, and industrial data and data analysis engine.

StyleShare

Series C in 2018
StyleShare Inc. is a mobile and web application developed for users to share and discover information related to fashion, beauty, and lifestyle. Founded in 2011 and based in Seoul, South Korea, the platform has attracted millions of users across 120 countries, establishing itself as a leading source for everyday fashion and beauty insights. Users can share their outfits, purchases, and receive updates, fostering a community centered around fashion discovery. StyleShare has received notable recognition from prominent publications such as VOGUE and Elle Japan, solidifying its status as a top mobile application in the fashion sector.

Odd Concepts

Venture Round in 2017
Odd Concepts Inc. specializes in developing computer vision and artificial intelligence technology solutions. Founded in 2012 and based in Seoul, South Korea, the company offers a comprehensive portfolio of image recognition and search technology as a cloud-based API service. Their platform enables clients to conduct product data analysis and link offline shopping businesses to the online market, facilitating online-to-offline (O2O) commerce. Odd Concepts tailors its offerings to meet the specific needs of each customer, ensuring optimal results through the expert tuning of analysis engines. The company's innovative approach aims to enhance the shopping experience by providing efficient search capabilities and product recommendations.

MyMusicTaste

Series C in 2017
MyMusicTaste is a fan initiated live event making service that brings fans, artists and promoters from all over the world together in one place to create a valuable and meaningful concert experience for everyone involved. MyMusicTaste puts the power in the fans' hands, allowing fans to request their favorite artist's concert in their city. Based on this demand, MyMusicTaste provides data-driven insights to artists and concert promoters the ability to organize highly successful concerts around the world. MyMusicTaste is quickly shaping a new paradigm for how concerts and live events are organized.

ZigBang

Private Equity Round in 2017
ZigBang Co., Ltd. is a South Korean company founded in 2010, specializing in a property listing platform that connects real estate agents with renters. The company offers a user-friendly marketplace for apartment hunting through its mobile and web applications, allowing users to search for rental properties based on criteria such as the number of rooms, occupants, and price. ZigBang has reported approximately 6 million users, although this figure includes both active and inactive accounts. The platform aims to simplify the rental process and help users make informed choices while potentially saving money on housing.

Stripes

Venture Round in 2017
Stripes is a Korea-based apparel company established in January 2013, specializing in the design and manufacture of men's clothing. The company offers a diverse collection that includes both trendy and everyday essentials such as t-shirts, shirts, and suits. Stripes also provides personalized styling services, allowing customers to customize their clothing for a perfect fit. The company's online platform facilitates convenient shopping, enabling consumers to purchase apparel from the comfort of their homes. In addition to individual sales, Stripes offers professional style consulting and customized group clothing options for businesses, helping male customers access quality apparel and accessories at competitive prices.

Wantedlab

Series B in 2017
There are currently over 5,000 companies and hundreds of thousands of users on the Wanted platform. Since 2015, companies such as IBM, Facebook, Microsoft, Ebay, Wework, Rakuten and Tencent have been using Wanted to recruit the best talent in Asia. Founded in Korea, the company has raised over USD$20million in funding and is now expanding its presence to other major cities around the world.

ZIGZAG

Series B in 2017
ZIGZAG is a prominent shopping meta-service application in South Korea, designed specifically for women. Launched by Croquis in 2012, ZIGZAG enables users to discover their personal style by aggregating offerings from thousands of online retailers. The platform allows users to effortlessly browse, bookmark their favorite shops, and receive tailored search results based on individual preferences. ZIGZAG's user interface is continuously updated with new items and prices, ensuring that shoppers have access to the latest trends in the fast fashion industry. Additionally, the application provides features such as store rankings, integrated product searches, and a favorites list, simplifying the process of comparing items across various shopping sites.

Dunamu

Series C in 2017
Dunamu owns and operates a digital asset exchange (UPbit), two investment exchange platforms (Stockplus and U-Stockplus), and an equity management platform (Onboard). UPbit is a cryptocurrency exchange platform with presence in Korea, Indonesia, Thailand, and Singapore. Stockplus is a securities information/trading platform with an active partnership with 11 broker-dealers. U-Stockplus is an OTC platform providing a trading service for private companies. Onboard helps private companies manage equity electronically for their shareholders.

AM Telecom

Series C in 2017
AM Telecom is a technology company established in 2001, specializing in the manufacturing of telecommunication devices. Initially focused on mobile phones, the company expanded its offerings in 2006 to include machine-to-machine (M2M) modules, and it achieved a milestone in 2008 by developing the first 3G + TRS dual-mode phone. AM Telecom now provides a diverse range of products, including telematics and information technology convergence solutions such as M2M modules, public disaster network smartphones, telematics terminals, and various electronic devices like transmission control units and navigation boxes. The company is recognized for its high-quality general-purpose M2M modules, which serve applications in mobile communication repeaters, security systems, telematics, healthcare, and smart grid technologies.

Cardoc

Series B in 2017
Cardoc Inc. is a mobile application company based in Seoul, South Korea, that specializes in car body repair services. Founded in 2013, the application allows users to upload photographs of their vehicle's exterior damage to receive real-time repair estimates and consultations from selected car body shops. Cardoc facilitates a user-friendly experience, enabling customers to obtain their first repair estimate within an average of seven minutes and compare multiple estimates without requiring personal information. Over a service period of 15 months, the company processed transactions worth $3.5 million, with participating repair shops experiencing significant monthly growth. Additionally, Cardoc offers a range of vehicle management services, including regular automobile inspections, car washes, and renewal services, which can be reserved online or at car centers. The founding team comprises automotive enthusiasts who received backing from a startup incubation organization, enhancing their growth and development in the automotive repair sector.

Genesystem

Series B in 2017
Genesystem is a biotech engineering company focused on molecular diagnostics and testing solutions. It develops and markets advanced PCR instruments, along with related reagents and microfluidic devices, aimed at improving health outcomes and enhancing the quality of life. The company also offers customized engineering services tailored to the needs of clients in the biotechnology sector, leveraging its expertise to add value to various applications in the field.

MEATBOX

Series B in 2017
MEATBOX is a B2B online commerce platform specializing in livestock products, facilitating direct trading between suppliers and buyers. The platform offers a variety of fresh, packed, and tested meat products at competitive prices. A notable feature of MEATBOX is 'My Box,' a storage space-sharing service designed for restaurants and butcher shops. This service allows customers to store their purchased frozen meat products and request deliveries as needed. By enabling businesses to maintain sufficient inventory while reducing storage costs, My Box enhances operational efficiency, especially during unexpected spikes in demand. The service is accessible via the MEATBOX PC and mobile apps, which enable users to easily request deliveries and confirm receipt of their stored items.

Stripes

Series B in 2017
Stripes is a Korea-based apparel company established in January 2013, specializing in the design and manufacture of men's clothing. The company offers a diverse collection that includes both trendy and everyday essentials such as t-shirts, shirts, and suits. Stripes also provides personalized styling services, allowing customers to customize their clothing for a perfect fit. The company's online platform facilitates convenient shopping, enabling consumers to purchase apparel from the comfort of their homes. In addition to individual sales, Stripes offers professional style consulting and customized group clothing options for businesses, helping male customers access quality apparel and accessories at competitive prices.

GLOWDAYZ

Series B in 2017
GLOWDAYZ is a Korean-based IT company specialized in providing mobile development solutions to the cosmetic and real-estate sectors. Having established in 2013, the company has released two products to the IT market. Glowmee is a beauty curation service that enables users to receive beauty and cosmetic related content via their mobile phones. The app provides information about latest products, product reviews, and recommendations on popular beauty brands available in the market. Glowmee also offers magazines and beauty box services to its subscribers. Brokery is a mobile app focused on the real-estate market. The app offers its users’ information about available accommodations facilities and connects them directly with brokers in the vicinity.

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.

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.

StyleShare

Venture Round in 2016
StyleShare Inc. is a mobile and web application developed for users to share and discover information related to fashion, beauty, and lifestyle. Founded in 2011 and based in Seoul, South Korea, the platform has attracted millions of users across 120 countries, establishing itself as a leading source for everyday fashion and beauty insights. Users can share their outfits, purchases, and receive updates, fostering a community centered around fashion discovery. StyleShare has received notable recognition from prominent publications such as VOGUE and Elle Japan, solidifying its status as a top mobile application in the fashion sector.

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.

Needer

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

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
Since a number of smartphone users reached 40 million, a numerous number of fine quality mobile applications came out for them. However, there are few that still being loved. Nowadays, not only strategic planning and development are important, but also mobile app marketing takes a huge part of success. They provide accurate and optimal mobile app marketing plan to advertisers. They extract reliable data from tracking tools, and apply them to a variety of services, such as app marketing consulting, platform management, advertisement planning, etc. They have performed reward marketing, CPI marketing, CPA marketing, and CPM marketing, and also they have worked with major companies with highest sales in commerce, real estate, education, games, and more. They proudly work with their own character as a startup and passionate team members. Together, they have figured mobile app map, mobile app market flow, mobile app trend, successful app revenue model and marketing strategies, and in 2016, they are still growing for brighter future.

Kstone

Series B in 2016
Kstone provides withdrawal and transfer services. Their services include management of ATM operations, cash pick-up services for large retailers, free service for customers of the financial brand made a brand partnership, and financial VAN services for banks, card companies, and securities companies.

DeepSearch

Series A in 2016
DeepSearch offers a vast financial, corporate, and industrial data and data analysis engine.

Loplat

Series A in 2016
Loplat is a South Korean company founded in 2015 that specializes in cloud-based location data analysis and indoor positioning technology. The company utilizes Wi-Fi to track users' exact locations in real-time within retail environments, eliminating the need for additional devices like beacons. Loplat's platform includes a location recognition engine that provides businesses with tools to analyze customer behavior and offers insights into traffic flow and visit history. Among its offerings is a dashboard called Leaflet, which helps retailers understand customer movement within stores. Additionally, Loplat has developed a crowd-sourcing app named Cash Place, which gathers wireless location data and maintains updated information on new and closing stores. Through these solutions, Loplat enables businesses to implement targeted marketing strategies and enhance customer engagement based on real-time location data.

Uelectronics

Series E in 2016
Uelectronics specializes in MEMS-based Uncooled Far Infrared Sensors. MEMS technology is key to developing and producing leading edge infrared(IR) sensors Uelectronics has over 15 years of experience and know-how using MEMS technology to produce these sensors. A Wafer Level Vacuum Package(WLVP) is essential in new commercial applications for IR sensors where volumes are high and imager sizes are small. Uelectronics finished it first WLVP in 2010 making it the world’s first in using this technology to produce IR sensors. With superior yields, smaller size and reduced costs, the Company can provide its customers major advantages in their markets.

Sentbe

Series A in 2016
Founded in 2015, SentBe is a Global FX Total Solutions Provider, offering innovative remittance and payment services for individuals and businesses, with a mission to create "A World Without Financial Borders." SentBe is leading the global market with its extensive global partnerships and foreign exchange management capabilities, providing an unparalleled business infrastructure that aligns with global standards. By offering optimized cross-border payment solutions that enhance the competitiveness of SentBe’s clients both domestically and internationally, SentBe leads the way in delivering borderless financial services.

MAD Square

Venture Round in 2016
MAD Square is a video streaming platform based in Seoul, South Korea, established in 2015. The company aims to transform the traditional methods of curating, monetizing, distributing, discovering, and consuming media and video content. Its platform operates on a unique model where users are charged per engagement, allowing brands to connect with real audiences while facilitating the sale of related products. This approach not only enhances marketing efficiency for clients but also simplifies the purchasing process for consumers.

Dable

Series A in 2016
Dable, a leading global content discovery platform, announced that the number of partnered premium media in Asia surpassed 3,000 in number and exceeded 5 billion monthly pageviews. Dable recorded an average annual sales growth of more than 50% since its establishment in 2015. Currently, Dable is the most used personalized recommendation platform in Indonesia, Vietnam and Korea. In Taiwan, the sales tripled over the past year whilst Malaysia recorded an average monthly sales growth of 30%. Dable also ranked 46th place out of the top 500 Asia-Pacific High-Growth Companies announced by the Financial Times, and proved its growth potential by ranking 1st in the media category.

Reality Reflection

Series A in 2016
Reality Reflection Inc. specializes in developing virtual reality games and services, offering a diverse portfolio that includes titles such as "Music Inside," a rhythm game; "Speedball Arena," a sports game; "Gangsta Underground," a poker game; "VMoji," for augmented reality chatting; and "Dancing Zena," which focuses on 3D character research and development. Founded in 2015 and based in Seoul, South Korea, the company has established itself as a leader in virtual reality and 3D scanning technologies. Reality Reflection has also created a 3D video production system that generates lifelike human avatars through facial and full-body scans, enhancing the realism of its games. With a commitment to delivering immersive experiences, Reality Reflection aims to blur the boundaries between the real and virtual worlds, making significant strides in the realm of interactive content.

Livsmed

Venture Round in 2016
Livsmed Inc. is a medical device design and manufacturing company based in Seongnam-si, South Korea, specializing in surgical instruments that enhance precision in minimally invasive surgery. The company produces a range of tools, including bipolar fenestrated forceps, mono-polar Maryland dissectors, short needle holders, and clip appliers. Their instruments utilize articulating technology, allowing multiple degrees of movement that align with the surgeon's wrist and hand movements. This design is particularly beneficial for laparoscopic surgeries, enabling doctors to access narrow surgical sites with greater accuracy and efficiency. Livsmed aims to improve surgical outcomes through innovative instrument solutions.

Sualab

Series A in 2016
SUALAB researches disruptive innovation technology based on artificial intelligence. They believe they can increase the value of the time given to humanity by automating tasks that are done by individuals instead of machines.

ZeroWeb

Series D in 2016
ZeroWeb is a local network mobile platform developed for small to medium business people.

Kokomo Games

Series B in 2016
Kokomo Games is a gaming studio based in Seoul, South Korea, established in 2014. The company specializes in designing and developing massively multiplayer online role-playing games (MMORPGs). With a team of experienced professionals who have previously contributed to significant titles like "Lineage2" and "Blade&Soul," Kokomo aims to carve out a niche in the hardcore RPG genre, which they view as an untapped market. Unlike the current trend towards trading card games and midcore RPGs, Kokomo is focused on creating a flagship mobile MMORPG that appeals to gamers in Asia, particularly those with interests similar to the Korean gaming community. The studio's mission is to enhance the gaming experience by developing interactive, narrative-driven games that support multiplayer engagement in real-time.

Spoqa

Series D in 2016
Spoqa is a Korean startup developing mobile marketing solutions. Spoqa operates Dodo Points, a tablet-based loyalty solution for local merchants. Store customers volutarily input their phone numbers into Dodo tablets that are installed facing customers on store counters to receive membership benefits, without having to sign up or download apps. Since its launch in April 2012, Spoqa now offers analytical customer management interface "Dodo Insight", marketing automation service "Dodo Message" and targeting advertising service "Dodo Ads" to a wide variety of businesses ranging from small coffee shops to major hotel brands.

Flitto

Series B in 2016
Flitto Inc. is a South Korean company that specializes in language data and translation services. Founded in 2012 and headquartered in Seoul, Flitto operates an online platform that connects users with translators for handling a wide range of requests, including text, voice, image, and video translations. The platform currently supports approximately 25 languages, such as Korean, English, Chinese, Spanish, and French, catering to over 10 million users across 173 countries. Flitto has expanded its offerings to include professional translation, A.I. translation, video subtitle translation, and crowdsourced proofreading. In addition to its consumer services, the company develops linguistic databases that it provides to various organizations and enterprises. Flitto has established a presence in global markets, with branches in China and Japan, and collaborates with major corporations like Microsoft and Samsung.

Washon

Venture Round in 2016
Washon is an on-demand laundry service based on Seoul metropolitan area in Korea. Washon helps anyone with better laundry service. This is the vision that Wash-on is aiming to provide a life-saving opportunity through satisfactory laundry service.

IntoCell

Series A in 2016
Intocell is a biotechnology company that develops an antibody-drug conjugate platform for the R&D and commercialization of biopharmaceuticals. Intocell creates protein-drug complexes, antibody-drug complexes, and other complexes with their own linkers and drugs.

Sualab

Seed Round in 2015
SUALAB researches disruptive innovation technology based on artificial intelligence. They believe they can increase the value of the time given to humanity by automating tasks that are done by individuals instead of machines.

Plasmapp

Series A in 2015
Plasmapp Co. Ltd., established in 2015 and headquartered in Daejeon, South Korea, specializes in plasma engineering technology. The company has developed advanced plasma curing and sterilization systems, including PMPS, a versatile atmospheric plasma equipment designed for producing plasma-treated water and sterilizing medical devices. Additionally, Plasmapp offers PNCM, a precise in-situ NOx concentration monitoring system. The company has pioneered the use of plasma technology for the curing of processed meat, marking a significant innovation in the field. Alongside these products, Plasmapp has created a plasma sterilizer for medical tools, known as STERPACK packaging pouches. With its roots in research from KAIST, Plasmapp aims to provide effective engineering solutions to meet diverse industry needs.

Novachips

Series C in 2015
Novachips is a leading provider of a broad range of Flash storage processors and storage drives with breakthrough capacity and scalability. We reimagined Flash storage from the inside out and offer the SSD (Solid State Drive) industry’s most advanced capabilities with high storage capacity for enterprise-class storage applications.

Stripes

Series B in 2015
Stripes is a Korea-based apparel company established in January 2013, specializing in the design and manufacture of men's clothing. The company offers a diverse collection that includes both trendy and everyday essentials such as t-shirts, shirts, and suits. Stripes also provides personalized styling services, allowing customers to customize their clothing for a perfect fit. The company's online platform facilitates convenient shopping, enabling consumers to purchase apparel from the comfort of their homes. In addition to individual sales, Stripes offers professional style consulting and customized group clothing options for businesses, helping male customers access quality apparel and accessories at competitive prices.

MAKEUS

Venture Round in 2015
Makeus is a company that makes content focusing on lifestyle, beauty, fashion, culture, etc.

Wantedlab

Seed Round in 2015
There are currently over 5,000 companies and hundreds of thousands of users on the Wanted platform. Since 2015, companies such as IBM, Facebook, Microsoft, Ebay, Wework, Rakuten and Tencent have been using Wanted to recruit the best talent in Asia. Founded in Korea, the company has raised over USD$20million in funding and is now expanding its presence to other major cities around the world.

HFR

Series A in 2015
HFR, Inc. specializes in providing network infrastructure equipment and services primarily for carriers, enterprises, and data centers in South Korea, the United States, and Japan. The company offers a variety of products, including cellular coverage systems, optical transport systems, and gigabit Ethernet access solutions. Their product lineup features advanced technologies such as HDAS, various types of repeaters, carrier Ethernet switches, and high-capacity GPON systems designed to meet the specific needs of telecom service providers. HFR is known for its innovative optical and radio networking technology, coupled with extensive experience in the telecommunications sector. Established in 2000 and headquartered in Seongnam, South Korea, HFR has built a reputation as a leading provider in the Korean telecom market, delivering high-performance and cost-effective solutions to its customers.

Flitto

Series A in 2015
Flitto Inc. is a South Korean company that specializes in language data and translation services. Founded in 2012 and headquartered in Seoul, Flitto operates an online platform that connects users with translators for handling a wide range of requests, including text, voice, image, and video translations. The platform currently supports approximately 25 languages, such as Korean, English, Chinese, Spanish, and French, catering to over 10 million users across 173 countries. Flitto has expanded its offerings to include professional translation, A.I. translation, video subtitle translation, and crowdsourced proofreading. In addition to its consumer services, the company develops linguistic databases that it provides to various organizations and enterprises. Flitto has established a presence in global markets, with branches in China and Japan, and collaborates with major corporations like Microsoft and Samsung.

Encored

Series A in 2014
Encored provides an energy big data platform based on breakthrough disaggregation technology and data science. As a group of energy experts, mathematicians, statisticians, psychologists, and computer scientists, its mission is to provide a meaningful contribution to society, by making electricity a happy resource of life and helping energy-underprivileged people. They believe in collective intelligence and growing together with customers and developers.

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, specializing in the development of wearable devices that utilize neuroscience technology to address brain disorders and enhance mental well-being. The company focuses on creating solutions for patients with Alzheimer’s and mild cognitive impairment, as well as those suffering from neuropsychiatric illnesses such as Major Depressive Disorder (MDD). Ybrain's products include a wireless EEG system that facilitates the collection of brain signal data and a non-invasive brain stimulation device that employs weak electrical currents to stimulate brain activity. Currently, the company is conducting clinical trials in Korea and is also working on a big data platform that leverages brain signals collected through its proprietary qEEG software, aiming to provide more targeted and personalized treatment options.

CLO Virtual Fashion

Series A in 2014
CLO Virtual Fashion Inc. specializes in three-dimensional (3D) visualization technologies tailored for the fashion industry. Founded in 2009 and headquartered in Seoul, South Korea, with an additional office in Munich, Germany, the company offers CLO3D, a software solution for garment simulation, and CLO Innovation, an enterprise tool aimed at optimizing interdepartmental processes through 3D technology. Its product range includes CLO, designed for apparel designers; Marvelous Designer, which serves character artists in gaming and animation; and Benefit by CLO, a virtual fitting platform. CLO Virtual Fashion aims to transform the fashion communication landscape by facilitating collaboration among teams involved in the digital product lifecycle, thereby reducing lead times while preserving the intricacies of garment design. The company envisions its technology as a means to virtualize garments globally, providing valuable insights about designs and trends.

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 affiliated with the KAIST Midam committee, focusing on enhancing educational opportunities through internet-based technologies. With an investment of 2 billion won from various investors, the company aims to identify and develop students' potential. Its primary services include the mobile app 'iamschool,' which delivers news and updates from educational institutions to caregivers, allowing them to follow and engage with schools similarly to social media platforms. Additionally, the web service 'iamclass' provides direct information about students and institutions to caregivers while also serving as an advertising channel for educational entities. Through these platforms, Iamcompany seeks to foster a more conducive learning environment for students in South Korea.

Wider Planet

Series B in 2014
Wider Planet provides display advertising, mobile advertising, and app advertising services. They also provide campaign planning, management, and performance analysis features. Their customers inquiries are addressed through online applications.

ZigBang

Series B in 2014
ZigBang Co., Ltd. is a South Korean company founded in 2010, specializing in a property listing platform that connects real estate agents with renters. The company offers a user-friendly marketplace for apartment hunting through its mobile and web applications, allowing users to search for rental properties based on criteria such as the number of rooms, occupants, and price. ZigBang has reported approximately 6 million users, although this figure includes both active and inactive accounts. The platform aims to simplify the rental process and help users make informed choices while potentially saving money on housing.

Channel Talk

Seed Round in 2014
Channel Talk is an AI messenger that is focused on helping DTC companies provide VIP-level customer service. We raised $40 million USD in our Series C, and are one of the fastest-growing B2B SaaS startups, currently servicing more than 150,000 brands across the world. At Channel Talk, we believe that a good product nurtures growth in a business and that simple conversations with customers can become the driving force for success. We help you stand out by utilizing AI to resolve repetitive inquiries so you have time to build genuine relationships through our powerful CRM and provide excellent support to your customers.

Woowa Bros

Series C in 2014
Woowa Brothers Corp., founded in March 2011 and based in Seoul, South Korea, specializes in developing mobile applications and advertising platforms. The company is primarily known for its on-demand food delivery service, which allows users to order and receive food within a specified time frame. In addition to its food delivery app, Woowa Brothers also offers local marketing solutions and web services, including a sports events application. The company has established a significant presence in the mobile technology sector, focusing on enhancing user convenience and experience in food ordering and delivery.

OPENSURVEY Incorporated

Series B in 2014
OPENSURVEY Incorporated, founded in 2011, is a leading mobile research provider in Korea, specializing in the collection and analysis of consumer data. Its platform, OpenSurvey™, enables rapid data collection and automated analysis, offering real-time access to a consumer panel of over 300,000 individuals. The company serves approximately 1,200 corporate clients, including notable names such as Kimberly-Clark, Kakao, and Facebook, helping them gain insights into advertising effectiveness, product performance, and market segmentation. OPENSURVEY has raised $6 million in investments from SoftBank Ventures and prominent Korean entrepreneurs, reflecting its strong presence and expertise in mobile market research.

4PLAT

Series A in 2013
4Plat Inc. is a game developer and publisher based in Seoul, South Korea, specializing in mobile role-playing games (RPG) optimized for massive simultaneous group play. The company focuses on creating engaging experiences within the MMO strategy genre, allowing gamers to connect and enjoy gameplay with friends anytime and anywhere. Recently, 4Plat has seen growth in its player base, demonstrating high customer lifetime value (LTV) and average revenue per paying user (ARPPU). With a commitment to enhancing the mobile gaming experience, 4Plat serves a global audience with its innovative offerings.

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
VCNC is a Korean mobile application and web services company developing “Between,” a mobile app for couples. Between is a mobile app created especially to enable couples to create, share, and remember all their special moments. The app is available for download in the iTunes store and Google Play market.

OPENSURVEY Incorporated

Series A in 2013
OPENSURVEY Incorporated, founded in 2011, is a leading mobile research provider in Korea, specializing in the collection and analysis of consumer data. Its platform, OpenSurvey™, enables rapid data collection and automated analysis, offering real-time access to a consumer panel of over 300,000 individuals. The company serves approximately 1,200 corporate clients, including notable names such as Kimberly-Clark, Kakao, and Facebook, helping them gain insights into advertising effectiveness, product performance, and market segmentation. OPENSURVEY has raised $6 million in investments from SoftBank Ventures and prominent Korean entrepreneurs, reflecting its strong presence and expertise in mobile market research.

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 is a South Korean game developer founded in October 2007, specializing in multiplatform 3D social online games. The company focuses on delivering high-quality graphical experiences through its innovative game engine technology, allowing users to enjoy their games across various devices. One of its notable products is "Mother of Myth," a mobile action role-playing game that incorporates a card collecting system. With an emphasis on accessibility and social interaction, Playnery aims to create engaging gaming experiences that can be enjoyed with friends, regardless of the platform used.

Nvius

Series B in 2012
Nvius is a game development company based in South Korea that specializes in creating online games for both computers and mobile devices. By focusing on multiple platforms, Nvius enables users to enjoy its gaming offerings across various devices, enhancing accessibility and user engagement. The company's commitment to delivering quality gaming experiences positions it as a notable player in the competitive online gaming market.

Think2

Venture Round in 2012
Think2 is a South Korean educational web services company that focuses on providing online education in mathematics, particularly for young children. Founded in 2009 and based in Seongnam-si, the company offers a range of services including study plans, online and offline content, and various learning resources aimed at kindergarten mathematics. By emphasizing analytical skill development, Think2 seeks to enhance children's understanding of math through engaging and accessible educational tools.

IRUJA

Series B in 2012
IRUJA Corp. was established with the objective of Insuring global leadership by developing next-generation technology' and'Realizing the Company's growth together with human resources and technology.'They are leading in future-oriented, eco-friendly next-generation growth factors such as Flat Panel Displays (FPD) based on specialized sputtering technology obtained from our concepts and experience in semiconductor technology development as well as green energy. Based on the belief that the only way to make substantial growth and find our own position in a competitive global environment is to continually invest in research and development train human resources and obtain fundamental technology. They never rest on our current successes, but continue to strive to be the best. They promise to work hard to develop a differentiated customer service to provide the best technology and products that are helpful to and needed by our customers, based on a thorough customer-oriented spirit. They ask you to give us your support and encouragement keeping a lookout on IRUJA Corp.

RocketOz

Seed Round in 2012
RocketOz Inc. is a South Korean company that specializes in the design and development of games for social networking platforms. Founded in 2010, the company has created a range of mobile games, including Train City, which allows users to construct their own virtual cities on mobile devices. In addition to Train City, RocketOz has developed other games such as Olympic Games City and Penguin Almighty, targeting popular social networks like Facebook and Cyworld.

Avocado Entertainment

Series B in 2012
Avocado Entertainment is a top-ranked social and mobile game publisher in Korea. The company was established in early 2006, and rapidly grown, by professional online gaming product managers, web programmers and designers, previously worked at Yahoo! Korea. With outstanding creativity and technology backgrounds in online game and internet platform, we are developing and publishing high quality social and mobile games for the social networks and mobile app stores in Korea. We are interested in licensing high quality overseas social and mobile games to bring into Korean market and also looking for a business partnership with talented social and mobile game developers and studios. We have been establishing an extensive business partnership with worldwide famous game developers until now. Contact us to discuss partnership opportunities.

Woowa Bros

Series A in 2012
Woowa Brothers Corp., founded in March 2011 and based in Seoul, South Korea, specializes in developing mobile applications and advertising platforms. The company is primarily known for its on-demand food delivery service, which allows users to order and receive food within a specified time frame. In addition to its food delivery app, Woowa Brothers also offers local marketing solutions and web services, including a sports events application. The company has established a significant presence in the mobile technology sector, focusing on enhancing user convenience and experience in food ordering and delivery.

Foodfly

Venture Round in 2012
Foodfly is a Korean online food delivery service established in March 2011 that connects consumers with local restaurants. The platform allows users to order food online or via mobile devices, providing a convenient way to access a variety of dining options. Foodfly operates a global online food-ordering marketplace, enabling customers to select meals from numerous restaurants in Korea and have them delivered to their desired location in a timely manner.

Club Venit

Venture Round in 2012
Club Venit (클럽베닛) is a private Korean e-commerce company offering luxury brands online. Its portfolio of products includes bags, wallets, accessories, shoes, clothing, vintage, and more. Clubvenit was launched on May 28, 2009.

Socialinus

Venture Round in 2011
Socialinus Inc. is a Korean-based independent game development company focused on creating online games for social networks. The company released its first game VNH Poker on Facebook and went on to sign publishing deals with globally renowned SNG publishers such as 6waves and Peak Games. They also released Farkle Online, yet another social media game which is available on Facebook. Socialinus has released its games in 12 languages, which are being enjoyed by over 4.5 million users in nearly 170 countries.

Momo

Series B in 2011
Momo is a free location-based services instant messaging application that enables smartphone users to chat with people nearby. It allows users to connect with others in the same location and share free texts, audio notes, and photographs over the internet. The app helps users find like-minded people around them anywhere and anytime. Since its launch in August, 2011, Momo has since registered 80 million users after two years and three months. The number of daily active users is 13 million and the number of monthly active users is 39 million. An average of 500 million messages are generated daily during one-on-one conversations or group chatting.
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