Panmnesia
Series A in 2024
Panmnesia is a Korean startup specializing in the development of advanced chip technology. The company is dedicated to creating intellectual property surrounding a technology known as Compute Express Link, which facilitates the pooling of various devices, including AI accelerator chips, processors, and memory, for large data center operators. By enhancing the interoperability of these systems, Panmnesia aims to enable companies to efficiently harness and integrate a diverse array of system components, optimizing performance and resource utilization in high-capacity computing environments.
RideFlux is a South Korean self-driving software company focused on safe and reliable autonomous transportation. The firm develops autonomous driving software and pilot services, including remote vehicle control and high-precision map operation, to enable safe, efficient mobility. Founded in 2018, RideFlux conducts development and testing in Jeju Island, leveraging its varied road environments and weather conditions to advance urban autonomy. The company aims to provide integrated software and services that support autonomous driving for consumer and mobility services, emphasizing safety and reliability in autonomous transportation.
Rznomics
Venture Round in 2024
Rznomics is a biotechnology company focused on developing RNA-based gene therapies and related gene therapy products to treat cancer and other intractable diseases. It aims to create new biopharmaceuticals for cancers, degenerative neurological diseases, and hereditary conditions, including approaches for liver cancer. Originating from Professor Lee Sung-wook’s laboratory, the company has been recognized for technology excellence and was selected by the TIPS program, underscoring its potential in advancing gene therapy.
The company is a spin-off from Asan Medical Center, University of Ulsan University, with a primary objective of developing therapeutic and diagnostic agents for neurological diseases, particularly Alzheimer's disease.
In 2016, the company took significant steps toward formalizing its presence in the market by completing its incorporation and business registration processes.
The year 2017 proved to be a milestone for the company as it obtained certification as a corporate-affiliated research institute, solidifying its position as a reputable research-driven organization. Additionally, it garnered recognition as a leading university start-up by the Ministry of SMEs and Startups, further boosting its credibility and potential for growth.
The company has collaborated with Oscotech Co., Ltd. and partnered with various investors, including Kite Entrepreneurship Foundation, Stone Bridge Ventures Co., Ltd., Korea Development Bank, and Stick Ventures Co., Ltd., to jointly develop their projects.
Panmnesia
Seed Round in 2023
Panmnesia is a Korean startup specializing in the development of advanced chip technology. The company is dedicated to creating intellectual property surrounding a technology known as Compute Express Link, which facilitates the pooling of various devices, including AI accelerator chips, processors, and memory, for large data center operators. By enhancing the interoperability of these systems, Panmnesia aims to enable companies to efficiently harness and integrate a diverse array of system components, optimizing performance and resource utilization in high-capacity computing environments.
THE PIRATES
Series C in 2022
The Pirates Co., Ltd. specializes in the development and operation of a mobile application that serves both wholesale and retail markets for seafood products. Established in 2018 and headquartered in Seoul, South Korea, the company also operates an aquatic market news platform that delivers information on fresh seafood offerings. This platform connects consumers with suppliers, providing essential insights into the quality of marine products and facilitating informed purchasing decisions. Through its innovative approach, The Pirates aims to enhance the seafood purchasing experience by bridging the gap between consumers and the fish market.
kukka is a Seoul-based flower company founded in 2014 that provides flower delivery and subscription services for offices, showrooms, ateliers, events, and homes through retail stores and online channels. Its offerings include corporate event flowers, promotional flower boxes, customer-care flowers, and floral decorations, as well as flower subscription, bouquet delivery (including same-day service), and custom flower design. The company serves individual and corporate customers, enabling them to order fresh flowers online and for workplace environments.
Dealicious
Series C in 2022
Dealicious operates as an online marketplace designed to connect fashion wholesalers and retailers on a global scale. By facilitating direct access to a vast selection of quality merchandise, including clothing, bags, shoes, and accessories, Dealicious streamlines the wholesale purchasing process. The platform primarily focuses on the Dongdaemun fashion district in South Korea, renowned for its concentration of fashion manufacturing and distribution within a compact area. With approximately 11,000 registered wholesale stores, Dealicious enables retailers to browse and order from a diverse array of items, with 24,000 new products added daily. This approach eliminates the need for retailers to visit physical markets, allowing them to save valuable time and resources. Dealicious is committed to enhancing the user experience by continuously developing customer-centric services that ensure seamless access to high-quality products in the Korean fashion market.
Kasa
Venture Round in 2021
Kasa Korea Co., Ltd. is a company based in Seoul, South Korea, that specializes in developing a digital securities blockchain platform tailored for the real estate market. Established in 2018, Kasa's platform enables users to buy and trade securitized commercial real estate assets as asset-backed securities. By leveraging blockchain technology, the company aims to provide retail investors with a transparent and streamlined process for investing in real estate, facilitating the buying and selling of securitized assets in a more efficient manner.
Perfect Storm
Series A in 2021
Perfect Storm is a digital content and marketing solutions company based in Korea. It specializes in providing social media marketing services, leveraging innovative technologies to enhance advertising. By implementing augmented reality and virtual reality effects, Perfect Storm enables consumers to engage with brand products and services in an interactive and enjoyable manner. This approach not only enriches the consumer experience but also helps businesses increase their revenue by effectively showcasing their offerings in a dynamic way.
3billion is a Seoul-based company that provides genetic testing and analysis services for rare disease patients. Founded in 2016, it uses bioinformatics and machine learning to shorten and reduce the cost of genome interpretation, aiming to make genome-scale testing accessible for patients in need. The company develops AI-driven diagnostic tools and offers products such as 3B-GENOME, 3B-EXOME, 3B-VARIANT, and 3B-INTERPRETER to support comprehensive genetic analysis and faster diagnosis.
SolarConnect
Series C in 2021
SolarConnect, Inc. is a South Korean company that specializes in the production of solar energy and provides information technology-based energy solutions. Established in 2016 and headquartered in Seoul, the company operates solar energy plants and installs solar panels in residential areas and apartments. SolarConnect aims to integrate innovative financial and technological solutions into the solar and energy industries, contributing to the advancement of sustainable energy practices.
D.Code operates an e-commerce platform that connects customers directly with European luxury boutiques, offering a diverse selection of over 700 luxury brands and 100,000 items. The platform provides accurate product information, detailed descriptions, and competitive pricing, typically around 20% lower than retail prices in Korea. In addition to its curated shopping experience, D.Code offers personalized concierge services to enhance customer satisfaction. The company utilizes customer data to develop a fashion trend algorithm, enabling better purchasing decisions and assisting sellers with product sourcing and marketing strategies. By collaborating directly with luxury boutiques, D.Code ensures high-quality service and reasonable pricing, creating an efficient marketplace for luxury goods.
Shaperon is a clinical-stage biotechnology company specializing in the research and development of immunological cells and inflammasome inhibitors. Founded in 2008, it is headquartered in Seoul, South Korea.
Lmito Therapeutics
Series A in 2020
Lmito Therapeutics Inc. is a clinical-stage biotechnology company based in Seongnam-si, South Korea, founded in 2017. The company focuses on modulating cell metabolism to create innovative immunotherapeutic compounds in the fields of immunology, neuro-immunology, and immuno-oncology. Lmito specializes in the discovery of mitochondrial drugs aimed at addressing metabolic syndromes, age-related neurodegenerative diseases, and mitochondrial respiratory chain disorders. It develops treatments that regulate the metabolism of brain immune cells and targets auto-inflammatory and autoimmune diseases. Through its research and development efforts, Lmito Therapeutics aims to provide effective therapies for various neurological and immune-related disorders.
Cardoc
Private Equity Round in 2020
Cardoc Inc. is a South Korean company founded in 2013 that specializes in automotive repair services through a mobile application. The app allows users to upload photographs of their vehicle's exterior damage, facilitating real-time quotations, consultations, and repair options from selected car body shops. Users can receive their first estimate within an average of seven minutes and compare multiple estimates without the need to register personal information. Cardoc has demonstrated significant growth, with registered stores experiencing monthly increases of 30-100%. The company also offers additional vehicle management services, including car inspections, washes, and renewal services, which can be reserved online or at car centers. The founding team comprises automotive enthusiasts who have benefited from support from a startup incubation organization.
THE PIRATES
Series B in 2020
The Pirates Co., Ltd. specializes in the development and operation of a mobile application that serves both wholesale and retail markets for seafood products. Established in 2018 and headquartered in Seoul, South Korea, the company also operates an aquatic market news platform that delivers information on fresh seafood offerings. This platform connects consumers with suppliers, providing essential insights into the quality of marine products and facilitating informed purchasing decisions. Through its innovative approach, The Pirates aims to enhance the seafood purchasing experience by bridging the gap between consumers and the fish market.
Zigbang
Venture Round in 2019
Founded in Seoul, South Korea in 2010, Zigbang operates a property listing platform and application that connects real estate agents with renters. It offers an apartment hunting service, enabling users to search for rental properties based on criteria such as number of rooms, occupants, and price.
APR Corporation
Series B in 2018
APR Co., Ltd is a South Korean company established in 2014, specializing in the manufacture and sale of cosmetic products for both men and women. The company offers a diverse range of products, including medical cosmetics, diet products, and beauty devices. In addition to its core beauty offerings, APR operates an instant photo booth service and sells apparel such as caps, sweatshirts, and track tops through its online store. The company markets its products under several brand names, including APRILSKIN, medicube, GLAMD, Forment, Photogray ORAZIN, and NERDY. With a strong presence in both the domestic and international markets, particularly for its 'MediCube' brand, APR has established itself as a reputable player in the beauty and skincare industry.