TONY Investment

TONY Investment is a venture capital firm established in 2020 and located in Gangnam-gu, South Korea. The firm focuses on investing in companies across all stages of development, from startups to scale-ups. With a particular emphasis on the technology sector, TONY Investment aims to support innovative businesses and foster growth within this dynamic industry.

Joowon Park

Managing Director

38 past transactions

MOPLAT

Series A in 2025
MOPLAT designs and manufactures electronic components used in mobility devices for automobiles.

Ubix Therapeutics

Series C in 2024
Ubix Therapeutics, Inc. is a research and development company based in Seoul, South Korea, focused on creating anti-cancer drugs through its innovative proteolysis targeting chimera platform technology. This approach employs inhibitor technology to degrade specific target proteins within cells, aiming to enhance therapeutic efficacy for various cancers. By binding to proteins associated with targeted diseases, Ubix Therapeutics seeks to provide effective and life-saving treatments for patients, thereby supporting medical professionals in their efforts to combat cancer.

Dnotitia

Seed Round in 2024
Dnotitia is a pioneering AI (Artificial Intelligence) company driving innovative value by integrating AI and data. Founded in October 2023, Dnotitia specializes in developing; Seahorse, a high-performance vector database powered by its proprietary Vector Data Processing Units (VDPU), and Mnemos, a cutting-edge service solution for Large Language Models (LLMs). The company also leads the development of sLMs (Small Language Models) and Retrieval-Augmented Generation (RAG) systems, crucial for advancing generative AI technologies and positioning itself at the forefront of AI technology.

Korea Precision Materials Industry

Series A in 2024
Korea Precision Materials Industry is a manufacturer of next-generation composite materials used for weight reduction.

XCENA(formerly MetisX)

Series A in 2024
XCENA is a startup firm that develops intelligent memory and memory-centric computing architectures based on CXL.

Plcoskin

Series B in 2023
Youlief is a company that specializes in developing and providing genuine sensitive skin derma cosmetic products online. It operates as part of Plcoskin, which focuses on reconstructive plastic surgery and regenerative skincare. Youlief's product line includes skin regenerating sheets designed for patients who have undergone breast tissue removal due to cancer, thereby supporting the reconstruction process. These innovative products aim to reduce surgery times and costs while promoting safer surgical procedures. Youlief's offerings are available in multiple markets, including the United States, Europe, Taiwan, Singapore, and Japan. By combining cosmetic solutions with therapeutic applications, Youlief plays a crucial role in enhancing patient care and advancing research and development in medical technologies.

True Balance

Debt Financing in 2023
True Balance is a digital wallet operated by Balancehero India Private Limited, providing a range of financial services aimed primarily at unbanked users in India. Launched in 2014 by CEO Charlie Lee, the platform has grown to serve 70 million users, offering facilities such as utility bill payments, online lending, e-commerce transactions, and essential insurance products. By focusing on accessibility and convenience, True Balance aims to meet the financial needs of individuals who may lack traditional banking services.

S-Alpha Therapeutics

Series B in 2023
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.

XCENA(formerly MetisX)

Seed Round in 2023
XCENA is a startup firm that develops intelligent memory and memory-centric computing architectures based on CXL.

Wemade

Venture Round in 2022
Wemade Entertainment Co., Ltd., founded in 2000 and based in Seongnam, South Korea, specializes in the development and publishing of mobile and online games. The company has established a significant presence both domestically and internationally, offering a diverse portfolio that includes popular titles such as Legend of Mir 2, ICARUS, and Wind Runner. With a commitment to delivering high-quality gaming experiences, Wemade serves a global audience of gamers, having attracted over 200 million players with its flagship game. In addition to game development, the company provides publishing services and social networking game (SNG) services through its gaming portal, GAMEcom. As an innovative player in the gaming industry, Wemade is also exploring opportunities in blockchain projects.

Todoc

Series B in 2022
Todoc is a technology leader in the field of neural prosthesis and neuromodulation in Korea, specializing in the development of advanced cochlear implant systems. The company aims to address the high costs associated with cochlear implants, which have traditionally limited access to hearing restoration for individuals in developing countries. Todoc's innovative approach involves automated micro-machining processes to manufacture neural electrodes, significantly reducing production costs to one-tenth of conventional methods. This advancement not only makes cochlear implants more affordable but also enhances their performance by offering a wider range of sound capabilities. The company's 32-channel cochlear implant system stands out with the highest number of channels available, utilizing wireless transmission technology for effective data transfer. Todoc's mission is to expand the global cochlear implant market and establish itself as a leader in the Brain-Machine Interface sector through its superior neural interface technology.

Art Together

Seed Round in 2022
Art Together is a crowdfunding platform that facilitates the purchase of artwork through collaborative funding. It offers a comprehensive trading environment where users can buy, sell, and trade art pieces. The platform specializes in a range of services, including group purchases, rentals, auctions, and art events, catering to clients interested in acquiring artworks. By providing a collective approach to art transactions, Art Together aims to make art more accessible to a broader audience.

My Mabu

Series A in 2022
My Mabu is an online platform that provides used cars sales, services, and maintenance services.

CONTEC

Series C in 2022
CONTEC is providing ground station services, satellite image processing, and application services. The company's ground station network supports VHF, UHF, S-Band, and X-Band frequencies for TT&C via high-performance receivers for high data rate reception. They especially focus on applications for urban change detection of smart cities and aim to provide the best service possible for local governments and therefore contribute to urban development. Contec's main goal of building a global ground station network and operating its own Earth observation satellites.

Innospace

Series B in 2022
Innospace is an aerospace and defense company focused on developing hybrid rocket-powered small satellite launch vehicles. The company aims to provide cost-effective, low-latency, and environmentally friendly launch services tailored for the small satellite market. By utilizing innovative hybrid rocket technology, Innospace is committed to delivering reliable solutions for satellite deployment, catering to the increasing demand for efficient access to space.

TerraLIX

Series B in 2022
TerraLIX is a manufacturer specializing in hydrogen fuel cells and related products. The company focuses on developing fuel cell systems that can operate effectively in extreme environments, ensuring reliable energy sources even under challenging conditions. By providing advanced cell packs, TerraLIX aims to meet the growing demand for sustainable energy solutions in various applications.

Fow Games

Venture Round in 2022
Fow Games specializes in developing web-based strategy gaming platforms that deliver an engaging and challenging experience for players. Their platform features turn-based combat, unit customization, and a persistent world, allowing users to build their own empires and compete with others in an online environment. By focusing on these elements, Fow Games aims to create a deep and immersive gaming experience that appeals to strategy enthusiasts.

Mthera Pharma

Series B in 2021
Mthera Pharma is a biopharmaceutical research and development company focused on creating innovative treatments through precision medicine. The company is developing a pre-clinical drug that aims to expedite the translation of scientific advancements into effective therapies. Its lead compounds are designed to address multi-target diseases, equipping healthcare providers with the tools to combat conditions such as Parkinson's disease and dementia. Mthera Pharma's work emphasizes the potential of modern science to transform patient care and improve health outcomes.

WAUG

Series C in 2021
WAUG Travel Inc. is a prominent online platform that facilitates the reservation of tours and activities for travelers. It allows users to easily create travel itineraries and book various experiences, ranging from museum visits and theme park excursions to extreme activities, through both mobile and web interfaces. The platform is designed to help users search for options, check availability, compare prices, and ultimately discover new destinations for their adventures around the globe.

Dtonic

Series A in 2021
Dtonic is a spin-off from Hyundai Motor Company that focuses on Spatio-Temporal big data solutions. Its primary product, Geo-Hiker, acts as a middleware designed to enhance existing big data systems by improving the management, processing speed, and overall efficiency of Spatio-temporal data derived from various Industry 4.0 sectors, such as smart cities and transportation. By utilizing advanced AI-based indexing and machine learning algorithms, Geo-Hiker minimizes the need for extensive system migration and reduces total cost of ownership for clients. The middleware has been successfully deployed in various applications, including South Korea's COVID-19 contact tracing system, a Smart City Data Hub for efficient data handling, and an Electronic Smart Label solution for diverse environments like factories and hospitals. Dtonic aims to provide robust data-driven services that increase operational efficiency for organizations across multiple sectors.

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.

Mthera Pharma

Series A in 2021
Mthera Pharma is a biopharmaceutical research and development company focused on creating innovative treatments through precision medicine. The company is developing a pre-clinical drug that aims to expedite the translation of scientific advancements into effective therapies. Its lead compounds are designed to address multi-target diseases, equipping healthcare providers with the tools to combat conditions such as Parkinson's disease and dementia. Mthera Pharma's work emphasizes the potential of modern science to transform patient care and improve health outcomes.

Hd Junction

Seed Round in 2021
HD Junction specializes in healthcare information technology solutions, focusing on the development of a medical record platform that fosters a healthy healthcare ICT ecosystem. The platform is designed to streamline access to patient medical data and insights, featuring a cloud-based medical record system that emphasizes interoperability. This enables healthcare professionals to efficiently access vital patient information, thereby enhancing workflow and optimizing processes within hospitals.

S-Alpha Therapeutics

Seed Round in 2020
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.

Oasis Market

Private Equity Round in 2020
Oasis Co., Ltd. is an online grocery delivery platform based in Seoul, South Korea, founded in 2011. It offers a wide range of products, including convenience foods, agricultural and livestock products, aquatic items, health and beverage options, seasonings, general food, and side dishes. In addition to its online services, Oasis operates physical retail stores and provides early morning delivery to enhance customer convenience. The company emphasizes quality, competitive pricing, and service, catering to diverse consumer needs through its comprehensive product offerings. Oasis Co., Ltd. is a subsidiary of GaeaSoft Corp.

Plcoskin

Seed Round in 2019
Youlief is a company that specializes in developing and providing genuine sensitive skin derma cosmetic products online. It operates as part of Plcoskin, which focuses on reconstructive plastic surgery and regenerative skincare. Youlief's product line includes skin regenerating sheets designed for patients who have undergone breast tissue removal due to cancer, thereby supporting the reconstruction process. These innovative products aim to reduce surgery times and costs while promoting safer surgical procedures. Youlief's offerings are available in multiple markets, including the United States, Europe, Taiwan, Singapore, and Japan. By combining cosmetic solutions with therapeutic applications, Youlief plays a crucial role in enhancing patient care and advancing research and development in medical technologies.

Olim Planet

Venture Round in 2019
Olim Planet is a property technology company that integrates advanced technology with expertise in the real estate market. The company's platform offers digital brokerage and immersive solutions, creating a distribution ecosystem that connects businesses with clients. It facilitates all stages of real estate transactions, including sales, brokerage, leasing, development, management, and residential services. By leveraging its technology, Olim Planet aims to reduce costs associated with model homes while providing clients with an experience akin to visiting a real house.

ActionPower

Seed Round in 2018
ActionPower is an AI-based startup specializing in speech recognition and natural language processing technology. The company develops transcription technology that allows users to convert voice recordings into text quickly and efficiently. Its services include features for flexible editing, secure management, and automatic conversion, making it convenient for users to manage and edit their audio content with ease. ActionPower aims to enhance communication and productivity by simplifying the process of transcribing spoken language into written form.

Motion2AI

Pre Seed Round in 2018
Motion2AI is an artificial intelligence software company specializing in forklift tracking and telematics. The company develops AI-based software and IoT sensors that can be integrated with various material-handling equipment, enabling the creation of 3D layout maps of warehouses. These tools capture and transmit location data, allowing warehouse managers to monitor fleet activities effectively. By utilizing Motion2AI's solutions, businesses can proactively prevent forklift accidents, reduce labor costs, and enhance fleet utilization, ultimately supporting more informed, data-driven decision-making in warehouse management.

Plain Bagel

Seed Round in 2017
Plain Bagel is a media content platform that specializes in technology and content development services. The company focuses on creating AI-based applications tailored for digital natives, leveraging its proprietary advanced AI algorithms. This enables Plain Bagel to offer automation solutions and chat-type simulation games, enhancing user engagement and experience. Through its innovative approach, Plain Bagel aims to optimize media services in a rapidly evolving digital landscape.

WAUG

Venture Round in 2017
WAUG Travel Inc. is a prominent online platform that facilitates the reservation of tours and activities for travelers. It allows users to easily create travel itineraries and book various experiences, ranging from museum visits and theme park excursions to extreme activities, through both mobile and web interfaces. The platform is designed to help users search for options, check availability, compare prices, and ultimately discover new destinations for their adventures around the globe.

CMES Robotics

Corporate Round in 2016
CMES Robotics is an AI-powered robotics company that enables 3D vision for factory robots. CMES AI vision software includes high-precision vision sensors, robot calibration, a processing core, a simulator, and robot control. It enables robots to pick up objects that are unstructured, flexible, or deformed, as well as load and unload them. CMES Vision software has been used in void-filling and random depalletization applications all over the world.

Cookat

Seed Round in 2014
Cookat is a digital content creator focused on food and culinary trends, delivering engaging videos and recipes through various channels. The platform is optimized for mobile users, allowing it to effectively share food-related content on social media. Cookat aims to inspire and inform its audience about unique recipes and gourmet trends while facilitating the purchase of wholesale items, such as restaurant advertisements and home meal replacements, enabling consumers to connect and share with others. Through its innovative approach, Cookat endeavors to enhance the culinary experience for food enthusiasts.

True Balance

Venture Round in 2014
True Balance is a digital wallet operated by Balancehero India Private Limited, providing a range of financial services aimed primarily at unbanked users in India. Launched in 2014 by CEO Charlie Lee, the platform has grown to serve 70 million users, offering facilities such as utility bill payments, online lending, e-commerce transactions, and essential insurance products. By focusing on accessibility and convenience, True Balance aims to meet the financial needs of individuals who may lack traditional banking services.

RIDI

Series A in 2011
RIDI Corporation is South Korea’s one of the largest digital content publication & distribution companies, mainly known for vitalizing the Korean e-book industry as well as empowering the web novel, webcomic, animation, articles, and news media. RIDI believes that rich imagination and deep insight serve as nutrients to make the human mind fertile and delivers them through its digital contents.

INNORULES

Venture Round in 2011
INNORULES is a software company that offers a range of solutions tailored to various industries, including finance, manufacturing, public sector, retail and service, healthcare, and education. The company specializes in providing software products such as InnoRules, InnoProduct, InnoPLM, InnoMUS, and InnoClaim. In addition to its software offerings, INNORULES also provides training, education, maintenance, structuring, and consulting services to support its clients in effectively implementing and utilizing its solutions.

Krafton

Venture Round in 2009
Krafton Inc is a South Korean video game developer and holding company headquartered in Seongnam. It specializes in creating fantasy games for both PC and mobile platforms, and it is renowned for its popular title, PlayerUnknown's Battlegrounds. In addition to this flagship game, Krafton has developed several other titles, including PUBG: Battlegrounds, PUBG: New State, Tera, Elyon, and Mistover. The company aims to maintain its status as a leading name in the video game industry by adhering to its core value of craftsmanship in game development.

SemiHow

Venture Round in 2006
SemiHow is a company in the power semiconductor industry dedicated to enhancing the value of renewable energy resources. It specializes in the development of advanced power semiconductors, including superjunction FET, SGT, IGBT, and SiC technologies. By focusing on power semiconductor design, fabrication process, and production technologies, SemiHow aims to empower businesses to optimize their use of renewable energy, thereby contributing to a more sustainable energy landscape.
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