Woowa Bros

Woowa Brothers Corp. is a South Korean company founded in March 2011 and based in Seoul. It specializes in developing mobile applications, particularly focusing on on-demand food delivery services. The company's flagship application allows users to order and receive food deliveries within a specified timeframe, catering to their convenience. In addition to food delivery, Woowa Brothers also offers local marketing and web solutions, along with other applications like a sports events app. Through its innovative platform, the company aims to enhance the user experience in the food delivery sector and beyond.

Jongho Joo

Director and Head of Investment

Bong Jin Kim

CEO

17 past transactions

Shin Starr Presents

Series A in 2023
Shin Starr Presents specializes in creating, operating, and franchising quick-service and fast-casual dining restaurants focused on Korean cuisine. The company is distinguished by its proprietary robotic kitchen technology, which enhances cooking and food servicing quality. It has developed the SPACE+ Technology™, a spatial technology platform that integrates in-house robotic and network technologies into an autonomous kitchen system. This innovative approach not only streamlines kitchen operations but also helps reduce labor costs and provides simplified recipes. By leveraging its advanced technology, Shin Starr Presents aims to deliver a diverse range of Korean food to a global audience, making the dining experience more efficient and accessible.

Lululab

Series C in 2022
Lululab Inc. is a South Korean company that specializes in developing artificial intelligence-based skincare solutions. Founded in 2017, it has created LUMINI, a personalized AI skin assistant that analyzes users' facial skin through a simple photograph. The device evaluates skin conditions across categories such as wrinkles, pores, acne, sebum, melasma, and redness. By leveraging deep learning technology, LUMINI provides a detailed assessment of the skin and recommends suitable skincare products and services tailored to individual needs. Additionally, the accompanying mobile app features an intelligent chatbot that tracks users' lifestyles, integrating this information to enhance the accuracy of skincare recommendations. Lululab is recognized as the 22nd spin-off from Samsung Electronics, reflecting its innovative approach in the skincare market.

Shiok Meats

Seed Round in 2021
Shiok Meats is a Singapore-based company founded in 2018 that specializes in cellular aquaculture, focusing on the production of cell-based meats and seafood. By harvesting from cells rather than animals, the company aims to provide clean and healthy alternatives to traditional meat products. Its primary offerings include lab-cultured shrimp and other crustacean meats, which are designed to be animal-friendly, health-conscious, and environmentally sustainable. Shiok Meats strives to deliver products that retain the same taste, texture, and nutritional value as conventional seafood, thereby catering to consumers seeking healthier and more ethical food options.

Shin Starr Presents

Series A in 2021
Shin Starr Presents specializes in creating, operating, and franchising quick-service and fast-casual dining restaurants focused on Korean cuisine. The company is distinguished by its proprietary robotic kitchen technology, which enhances cooking and food servicing quality. It has developed the SPACE+ Technology™, a spatial technology platform that integrates in-house robotic and network technologies into an autonomous kitchen system. This innovative approach not only streamlines kitchen operations but also helps reduce labor costs and provides simplified recipes. By leveraging its advanced technology, Shin Starr Presents aims to deliver a diverse range of Korean food to a global audience, making the dining experience more efficient and accessible.

iPrice Group

Corporate Round in 2021
iPrice Group operates as an online price comparison platform in Southeast Asia, aimed at enhancing the shopping experience by offering a wide selection of products and brands from numerous partners. The company allows consumers to compare prices, discover products, and secure the best deals from thousands of online retailers, catering to various categories including electronics, fashion, home improvements, and baby products. Founded with the goal of increasing transparency, convenience, and trust in the e-commerce market, iPrice has expanded its reach across seven markets, including Indonesia, Vietnam, Singapore, Hong Kong, Thailand, and the Philippines. Supported by investments from the Asia Venture Group, iPrice has developed expertise in technology, online marketing, and business operations, positioning itself as a key player in the region's online shopping landscape.

Shin Starr Presents

Seed Round in 2021
Shin Starr Presents specializes in creating, operating, and franchising quick-service and fast-casual dining restaurants focused on Korean cuisine. The company is distinguished by its proprietary robotic kitchen technology, which enhances cooking and food servicing quality. It has developed the SPACE+ Technology™, a spatial technology platform that integrates in-house robotic and network technologies into an autonomous kitchen system. This innovative approach not only streamlines kitchen operations but also helps reduce labor costs and provides simplified recipes. By leveraging its advanced technology, Shin Starr Presents aims to deliver a diverse range of Korean food to a global audience, making the dining experience more efficient and accessible.

EVOS Esports

Series B in 2020
EVOS Esports is an eSports organization focused on developing an online sports platform aimed at enhancing the eSports landscape in Southeast Asia. The company provides essential infrastructure to support professional players and content creators, fostering an environment that promotes professionalism across various competitive gaming disciplines. EVOS Esports offers a comprehensive structure for its teams, which includes in-game coaching, dedicated training facilities, and mental wellness support. This commitment to player development and well-being positions EVOS Esports as a significant player in the rapidly evolving eSports industry.

Pop Meals

Series B in 2020
Pop Meals is a food delivery service established in 2021 that leverages artificial intelligence for logistics and cooking automation. The company specializes in providing fresh, healthy, and ready-to-eat meals prepared by culinary chefs. With a daily changing menu, Pop Meals caters to popular lunch and dinner needs, ensuring that balanced meals are conveniently delivered to customers' homes or offices. By integrating centralized production with customer data and machine learning, Pop Meals optimizes its operations to offer competitive delivery costs, positioning itself as a leader in the food delivery industry.

VeXeRe.Com

Venture Round in 2019
VeXeRe.com is the largest online bus ticket platform in Vietnam, established in 2013 and headquartered in Ho Chi Minh City. The platform facilitates convenient booking for passengers by partnering with over 1,000 bus companies, covering routes within Vietnam and extending to neighboring countries. VeXeRe.com provides a comprehensive service that includes access to ticket prices, schedules, and reviews of bus operators, allowing customers to make informed decisions. In addition to offering a user-friendly online booking experience, the company supports various payment methods, including online payments, bank transfers, and payments at convenience stores, enhancing accessibility for travelers throughout the region.

N.thing

Series B in 2019
N.THING, based in Ansan-si, South Korea, is an Agri-Food tech company founded in January 2014 that innovates within the farm-to-table food value chain by integrating IoT technology and data. The company is known for developing the world’s first modular vertical farm, called the CUBE, which offers mass productivity and an optimized environment for various crops through a dedicated operating system. N.THING also offers additional products such as SQUARE, a modular hydroponic kit, and Planty, the first Internet-connected social pot, which enhances the gardening experience by allowing users to monitor environmental conditions and share their plant care activities. With a focus on connecting people to nature and leveraging technology for efficient farming, N.THING has received notable awards, including the iF Design Award and Best of Innovation at CES 2020. The company is expanding its operations globally, aiming to enhance its presence in markets such as North America and the U.A.E.

Adriel

Series A in 2019
Adriel is a digital marketing platform that specializes in optimizing advertising campaigns using advanced technology, including artificial intelligence. The company enables businesses to manage all their digital marketing efforts from a centralized dashboard, streamlining communication and providing essential data for effective decision-making. With a focus on delivering a cohesive promotional message, Adriel allows users to monitor their return on ad spend (ROAS) and receive real-time insights through an alert system. This functionality helps businesses identify and capitalize on opportunities across various social media platforms, adjusting their budgets to favor higher-performing campaigns. Having collaborated with over 5,000 companies globally, Adriel caters to a diverse clientele, from small businesses to large corporations, empowering them to achieve their advertising goals with clarity and efficiency.

Vietnammm

Acquisition in 2019
Viet Nam MM Company Limited operates an online food ordering platform in Vietnam, allowing users to browse and select from over 2,000 restaurants based on their delivery area. Founded in 2011 and headquartered in Ho Chi Minh City, the company provides a convenient service for individuals seeking to order food online. As of March 1, 2019, Viet Nam MM Company Limited functions as a subsidiary of Woowa Brothers Corp, enhancing its capabilities in the competitive online food delivery market.

Vendys

Series B in 2018
Vendys Inc. is a South Korean company that specializes in mobile meal management solutions for office workers. Founded in 2013 and based in Seoul, Vendys provides a platform that facilitates the development of mobile food stamps, meal coupons, and discount promotions. The company's services are designed to enhance employee engagement and streamline meal management for organizations. By partnering with local restaurants, Vendys enables employers to offer convenient dining benefits, thus promoting a better dining culture within the workplace. The company’s innovative approach supports staff welfare and enhances the overall experience of employees during their workday.

Bear Robotics

Seed Round in 2018
Bear Robotics, Inc. is a company based in Redwood City, California, that designs and manufactures autonomous robots specifically for the food service industry. Incorporated in 2017, Bear Robotics developed Penny, an artificial intelligence-driven robot that efficiently transports food, dishes, and drinks, while also providing customer service in restaurants. The company's innovative solutions aim to address challenges within the restaurant industry, such as labor shortages and rising operational costs, by enhancing efficiency and improving the dining experience for customers. By automating tasks like running orders and bussing tables, Bear Robotics not only seeks to increase job satisfaction for restaurant employees but also aims to boost profitability for restaurant owners.

Vendys

Series A in 2016
Vendys Inc. is a South Korean company that specializes in mobile meal management solutions for office workers. Founded in 2013 and based in Seoul, Vendys provides a platform that facilitates the development of mobile food stamps, meal coupons, and discount promotions. The company's services are designed to enhance employee engagement and streamline meal management for organizations. By partnering with local restaurants, Vendys enables employers to offer convenient dining benefits, thus promoting a better dining culture within the workplace. The company’s innovative approach supports staff welfare and enhances the overall experience of employees during their workday.

Vendys

Seed Round in 2015
Vendys Inc. is a South Korean company that specializes in mobile meal management solutions for office workers. Founded in 2013 and based in Seoul, Vendys provides a platform that facilitates the development of mobile food stamps, meal coupons, and discount promotions. The company's services are designed to enhance employee engagement and streamline meal management for organizations. By partnering with local restaurants, Vendys enables employers to offer convenient dining benefits, thus promoting a better dining culture within the workplace. The company’s innovative approach supports staff welfare and enhances the overall experience of employees during their workday.

Vendys

Seed Round in 2015
Vendys Inc. is a South Korean company that specializes in mobile meal management solutions for office workers. Founded in 2013 and based in Seoul, Vendys provides a platform that facilitates the development of mobile food stamps, meal coupons, and discount promotions. The company's services are designed to enhance employee engagement and streamline meal management for organizations. By partnering with local restaurants, Vendys enables employers to offer convenient dining benefits, thus promoting a better dining culture within the workplace. The company’s innovative approach supports staff welfare and enhances the overall experience of employees during their workday.
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