Lotte Ventures

Lotte Ventures is the corporate venture capital arm of the Lotte Group, based in Seoul, South Korea. Founded in 2016, it makes equity investments in biotechnology, robotics, and other advanced technology sectors to support Lotte's innovation strategy.

Yeongmin Jeon

CEO

Past deals in NFC

Payta Lab

Series B in 2022
Payta Lab is a mobile payment platform that enhances the process of non-face-to-face ordering in the hospitality industry. The platform utilizes advanced technology to analyze customer demographics, consumption history, and regional economic activity, allowing for tailored advertising. By enabling customers to order and pay directly from their smartphones using near-field communication (NFC) and QR codes linked to their tables, Payta Lab streamlines the ordering experience. This innovative approach not only facilitates convenience for customers but also aids restaurants in reducing labor costs, increasing per-customer sales, and improving overall store turnover.

Allink

Venture Round in 2021
Allink is a developer of an NFC tag-based information transfer solution that aims to enhance mobile services by providing a cost-effective alternative to traditional readers and scanners. By utilizing low-cost NFC tags, Allink enables companies to securely share information of any format and size with target terminals, streamlining the user experience. The company's innovative payment platform allows for efficient information transfer, making it an advantageous option for businesses looking to improve their offline mobile service capabilities.

Payta Lab

Series A in 2020
Payta Lab is a mobile payment platform that enhances the process of non-face-to-face ordering in the hospitality industry. The platform utilizes advanced technology to analyze customer demographics, consumption history, and regional economic activity, allowing for tailored advertising. By enabling customers to order and pay directly from their smartphones using near-field communication (NFC) and QR codes linked to their tables, Payta Lab streamlines the ordering experience. This innovative approach not only facilitates convenience for customers but also aids restaurants in reducing labor costs, increasing per-customer sales, and improving overall store turnover.
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