Jung Il-moon

CEO and President

Past deals in South Korea

RideFlux

Series B in 2024
RideFlux Inc. is a South Korean company specializing in the development of self-driving technology for automobiles. Founded in 2018 and headquartered in Jeju Island, RideFlux focuses on creating safe and reliable autonomous transportation services. The location serves as an ideal testing ground for their technology, offering diverse road environments and varying weather conditions, which are essential for developing effective autonomous driving software. The company aims to transform driving into a more innovative and stress-free experience, addressing the growing demand for mobility services, particularly in high-traffic tourist areas. RideFlux's offerings include autonomous driving services, remote control solutions, and high-precision mapping, all designed to enhance both safety and efficiency in transportation.

Aimmo

Venture Round in 2023
AIMMO is a company that specializes in developing a cloud-based data annotation platform aimed at connecting users with data through artificial intelligence solutions. Founded in 2016 by SeungTaek Oh and headquartered in Seongnam-si, Gyeonggi-do, Republic of Korea, AIMMO offers a self-serve annotation platform featuring custom workflow designs, annotation tools, and an intuitive user interface. The company also provides workforce services, offering skilled annotators to support businesses in managing their data needs effectively. AIMMO’s technology enables real-time communication and includes analytics for labelers, facilitating end-to-end solutions for various data annotation requirements.

Toss

Series G in 2022
Toss is a South Korean mobile financial service platform operated by the fintech startup Viva Republica, founded in 2011 by Seunggun Lee in Seoul. The application provides a range of financial services, including peer-to-peer money transfers, credit score management, bank account oversight, and access to loans and insurance plans. Additionally, Toss offers features such as bill-splitting and QR payment options, all designed to facilitate hassle-free financial management for its users.

Bbodek

Series B in 2022
Bbodek is a company based in Seoul, South Korea, specializing in tableware rental and washing services primarily for restaurants and school cafeterias. The company offers a range of products, including children's tableware, and emphasizes hygiene management. Bbodek leverages its self-developed smart factory technology to ensure low-defect services, allowing clients to concentrate on cooking without the burden of cleanup. Additionally, Bbodek is expanding its operations to include the manufacture and sale of customized washing machines, further enhancing its service offerings in the food service industry.

Brandi

Series C in 2021
Brandi is a vertical commerce company based in Seoul, South Korea, specializing in both business-to-consumer and business-to-business platforms for fashion and beauty shopping. Founded in 2014, Brandi offers a diverse range of products, including clothing, cosmetics, and home interior items. The company's retail platform connects manufacturers, wholesalers, and consumers, creating a comprehensive fashion ecosystem that enables customers to access trending products at affordable prices. Through its innovative approach, Brandi aims to empower young shoppers and enhance their shopping experience in the fashion industry.

D&D Pharmatech

Series C in 2021
D&D Pharmatech Co., Ltd. is a clinical-stage global biotech company based in Seongnam, South Korea, founded in 2014. The company focuses on developing therapeutic medicines for various indications, including neurodegenerative diseases, metabolic disorders, fibrotic diseases, and molecular imaging and radiotherapy. D&D Pharmatech operates as a holding company, funding the development of disease-specific subsidiaries led by esteemed medical research faculty. Its product pipeline aims to translate advanced research into effective therapeutic solutions. The company also engages in specialized projects such as developing positron emission tomography (PET) imaging biomarkers through its subsidiary, Precision Molecular Inc., and single-cell sequencing related to degenerative brain diseases via Valted Seq, Inc. D&D Pharmatech employs innovative drug delivery technologies, including PEGylation, to enhance treatment efficacy and patient outcomes.

Dabeeo

Series B in 2021
Dabeeo Inc., founded in 2012 and based in Seoul, South Korea, is an AI technology company that specializes in geospatial data. The company has developed a mapping technology platform that utilizes artificial intelligence and deep learning to manage and enhance spatial data. By digitizing the Earth's spatial information, Dabeeo creates a digital twin of the planet, providing businesses with essential digital spatial analysis data and insights. This innovative approach allows users to access live maps and locations, perform open-source map editing, and obtain high-quality map data, thereby improving productivity and convenience across various industries.

Dabeeo

Series B in 2021
Dabeeo Inc., founded in 2012 and based in Seoul, South Korea, is an AI technology company that specializes in geospatial data. The company has developed a mapping technology platform that utilizes artificial intelligence and deep learning to manage and enhance spatial data. By digitizing the Earth's spatial information, Dabeeo creates a digital twin of the planet, providing businesses with essential digital spatial analysis data and insights. This innovative approach allows users to access live maps and locations, perform open-source map editing, and obtain high-quality map data, thereby improving productivity and convenience across various industries.

Gencurix

Venture Round in 2021
Gencurix Inc. is a South Korean company focused on developing molecular diagnostic products aimed at enhancing precision medicine. Established in 2011 and headquartered in Seoul, Gencurix offers a range of diagnostic kits, including the GenesWell BCT for breast cancer prognosis, the GenesWell ddEGFR Mutation Test for detecting mutations in non-small cell lung cancer, and the GenesWell CDx EGFR Mutation Test for companion diagnostics in lung cancer. These products are designed to support healthcare providers in making informed treatment decisions based on genetic information.

LISCure Biosciences

Series B in 2020
LISCure Biosciences Co., Ltd., founded in 2018 and based in Seoul, South Korea, specializes in the research and development of bacteria-mediated immunotherapy. The company focuses on creating therapies for a range of health conditions, including tumors, degenerative neurological diseases, autoimmune disorders, and metabolic diseases. LISCure currently has seven medicinal pipelines and two pipelines dedicated to health-functioning food, with plans to introduce additional products in the future. Through its innovative approach, LISCure aims to provide effective treatment options for various serious health issues.

Skelter Labs

Series B in 2020
Skelter Labs Inc., founded in 2015 and based in Seoul, South Korea, specializes in the development of artificial intelligence applications aimed at enhancing user experiences across various sectors. The company focuses on machine and deep learning technologies to create personalized solutions for e-commerce, content, communities, and messaging platforms. Skelter Labs offers a range of products, including BELLA QNA, an enterprise chatbot for data and large language model queries, BELLA LLM, a dedicated large language model for enterprise applications, and AIQ+ Chat, a task-oriented chatbot builder. Additionally, the company provides AIQ+ Speech for speech-to-text and text-to-speech solutions, as well as AIQ+ Answer, a machine reading comprehension search assistant. By combining advanced technology with industry expertise, Skelter Labs aims to drive digital transformation and support businesses in leveraging the full potential of AI.

Bluepoint Partners

Venture Round in 2020
Bluepoint Partners Inc. is a startup accelerator and early-stage venture capital firm founded in 2014 and based in Daejeon, South Korea. The company focuses on supporting high-tech entrepreneurs by facilitating the launch of innovative startups that address global challenges. With a commitment to fostering relationships within the technology community, Bluepoint Partners operates offices in Daejeon and Seoul, providing access to a network of venture capitalists, industry experts, and strategic partners. The firm hosts workshops and private events to connect entrepreneurs with essential resources, talent, and opportunities for growth and funding. Bluepoint Partners aims to build deep, collaborative relationships with entrepreneurs, emphasizing their unique strengths to help them realize their visions and navigate their business journeys.

Skelter Labs

Series B in 2019
Skelter Labs Inc., founded in 2015 and based in Seoul, South Korea, specializes in the development of artificial intelligence applications aimed at enhancing user experiences across various sectors. The company focuses on machine and deep learning technologies to create personalized solutions for e-commerce, content, communities, and messaging platforms. Skelter Labs offers a range of products, including BELLA QNA, an enterprise chatbot for data and large language model queries, BELLA LLM, a dedicated large language model for enterprise applications, and AIQ+ Chat, a task-oriented chatbot builder. Additionally, the company provides AIQ+ Speech for speech-to-text and text-to-speech solutions, as well as AIQ+ Answer, a machine reading comprehension search assistant. By combining advanced technology with industry expertise, Skelter Labs aims to drive digital transformation and support businesses in leveraging the full potential of AI.

Raonsecure

Venture Round in 2019
Raonsecure Co., Ltd. is an ICT security software company based in Seoul, South Korea, founded in 1998. It specializes in providing a range of security solutions for PCs and mobile devices, catering to financial institutions, government entities, and enterprises. The company's primary product is TouchEn OnePass, a biometric authentication solution designed for various applications, including payments, mobile banking, shopping, gaming networks, and fintech services. Additionally, Raonsecure offers ICT security consulting services and holds several patents in the IoT and integrated security sectors. The company is focused on advancing authentication technologies, integrating human and device security, and leveraging FIDO standards based on public key infrastructure (PKI) technology.

Neofect

Post in 2019
Neofect is a South Korea-based company founded in 2010 by Hoyoung Ban, Scott Kim, and Young Choi, specializing in the development of rehabilitation training products and services for patients with neurological and musculoskeletal injuries. Its flagship product, the RAPAEL Smart Glove, launched in 2014, received FDA clearance and has been adopted by various hospitals and rehabilitation centers, including NewYork-Presbyterian and the Department of Veterans Affairs. In addition to the Smart Glove, Neofect offers several other innovative devices, such as the RAPAEL Smart Board, RAPAEL Smart Pegboard, RAPAEL Smart Kids, and RAPAEL Cognition, which utilize virtual reality and smart technology to enhance rehabilitation outcomes. Neofect has also participated in research studies demonstrating the effectiveness of its VR-based rehabilitation solutions compared to traditional therapy. The company operates in South Korea, the U.S., and Germany, distributing its products across these regions and throughout Europe.

Life Semantics

Corporate Round in 2018
Life Semantics (라이프시맨틱스) is a Korean specialty engineering company focused on developing software platforms and systems for the medical industry. It develops Hospital Information Systems (HIS) and semantic web technology for application in the area of life sciences. The company looks to resolve common problems faced by healthcare facilities and researchers by providing automation software. HIS is a fully integrated information system providing healthcare organizations with a full suite of tools for improved hospital management, clinical tasks, and patient administration.

Neofect

Series C in 2017
Neofect is a South Korea-based company founded in 2010 by Hoyoung Ban, Scott Kim, and Young Choi, specializing in the development of rehabilitation training products and services for patients with neurological and musculoskeletal injuries. Its flagship product, the RAPAEL Smart Glove, launched in 2014, received FDA clearance and has been adopted by various hospitals and rehabilitation centers, including NewYork-Presbyterian and the Department of Veterans Affairs. In addition to the Smart Glove, Neofect offers several other innovative devices, such as the RAPAEL Smart Board, RAPAEL Smart Pegboard, RAPAEL Smart Kids, and RAPAEL Cognition, which utilize virtual reality and smart technology to enhance rehabilitation outcomes. Neofect has also participated in research studies demonstrating the effectiveness of its VR-based rehabilitation solutions compared to traditional therapy. The company operates in South Korea, the U.S., and Germany, distributing its products across these regions and throughout Europe.
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