FuturePlay

FuturePlay is an accelerator and early-stage investor based in Seoul, South Korea, specializing in deep tech startups. Established in 2014, the firm has invested in 55 companies, primarily in South Korea, with a significant portion also based in the United States. FuturePlay is expanding its focus to Southeast Asia, targeting markets such as Singapore, Vietnam, Taiwan, and Hong Kong. The firm operates two main acceleration programs: TechUP, an annual company-building initiative for deep tech engineers, and TechUP+, a co-acceleration program developed in partnership with major enterprises tailored to specific industries like beauty and energy. FuturePlay is backed by global corporations, including CISCO and LG, and has invested across various sectors, including robotics, healthcare, artificial intelligence, and fintech.

Choi Jae-woong

Director

Yongsuk ku

Senior Associate

Kwon Oh-hyung

Partner

Past deals in South Korea

OpenPlan

Series A in 2022
OpenPlan develops an online platform that offers mini insurance packages. It offers insurance premiums for various types of daily activity. OpenPlan was founded in 2019 and is based in Seoul, South Korea.

Neubility

Series A in 2022
Neubility is a company focused on transforming the delivery industry through the use of self-driving delivery robots. Founded in 2017 and headquartered in Seoul, the company utilizes advanced vision-based localization and path-planning technologies to operate autonomous delivery robots. This innovation aims to address the challenges of last-mile delivery, particularly in densely populated urban areas, by providing a reliable and cost-effective solution for businesses and consumers alike. Neubility's robots perform deliveries without human intervention, thereby redefining urban logistics and enhancing the efficiency of parcel delivery services.

t'order

Seed Round in 2022
T'order is an information technology company specializing in tablet ordering and advertising platforms specifically designed for food and beverage brands. With a strong foothold in South Korea, the company has deployed over 250,000 tablets, catering to more than 25 million monthly active users. T'order's flagship service revolutionizes customer interaction by transforming data into actionable insights, enabling food and beverage establishments to enhance customer experiences and create targeted advertising opportunities. The platform goes beyond traditional digital menu capabilities, offering comprehensive solutions that promote a sustainable ecosystem for both businesses and their guests. As T'order continues to expand globally, it aims to leverage its innovative technology and data-driven approach to drive the digital transformation of the food and beverage industry.

HUINNO

Series C in 2021
HUINNO, Inc., founded in 2014 and headquartered in Boston, Massachusetts, develops healthcare devices that monitor vital health data, including blood pressure, heart rate, electrocardiogram (ECG), and blood oxygen saturation levels (SpO2). The company leverages proprietary technologies in wearable devices and artificial intelligence to provide healthcare providers with an effective remote patient monitoring solution aimed at improving the management of chronic cardiac diseases. HUINNO's clinically-tested platform delivers real-time measurements with clinical-grade accuracy and offers an application and cloud-based ecosystem for longitudinal analysis of health trends, medication compliance, and lifestyle habits. This comprehensive approach not only enhances patient care but also aids healthcare professionals in making informed medical decisions while treating conditions such as arrhythmia and hypertension. With additional offices in New York and Seoul, HUINNO is committed to transforming the way clinicians and patients manage chronic health issues.

Codeit

Series B in 2021
Codeit is an ed-tech platform focused on providing interactive online education in programming and data science, addressing the growing demand for software skills in a rapidly evolving job market. With a strong emphasis on better content and an affordable platform, Codeit has successfully educated over 100,000 students, many of whom sought to transition to new careers. The company aims to foster a love for learning by emphasizing not just knowledge acquisition but also a deeper engagement with the learning process. Originally established in South Korea, Codeit plans to expand its offerings globally, introducing additional topics such as design, marketing, and product management to meet diverse educational needs.

Neurophet

Series B in 2021
Neurophet, Inc. is a neuroscience company based in Seoul, South Korea, founded in 2016. It specializes in developing innovative software solutions for brain stimulation and treatment of neurological disorders. The company's flagship product, Neurophet tES Lab, is a simulation software that calculates and visualizes the effects of brain stimulation by utilizing individual brain structures and specific stimulation conditions. Neurophet employs its proprietary Segengine technology, which can automatically segment brain magnetic resonance images into 107 distinct regions within a minute. This technology aids in predicting and investigating stimulation effects for conditions such as Alzheimer's disease, providing clinicians with a three-dimensional brain model and stimulation parameter guidance. By leveraging deep learning and numerical optimization techniques, Neurophet enables healthcare professionals to focus interventions on targeted regions of the brain, enhancing treatment efficacy for patients with brain diseases.

Dohands

Series B in 2021
Dohands Corporation is a logistics service provider based in Seoul, South Korea, specializing in customized solutions for e-commerce sellers. Founded in 2013, the company offers a range of services including overseas shipping, logistics consulting, inventory management, and tailored delivery options. Dohands focuses on short-term delivery, providing effective logistics alternatives for crowdfunding, pre-orders, and promotional activities, thereby enabling businesses to transport and deliver their products in a cost-efficient manner. Through its innovative approach, Dohands aims to simplify the logistics process for e-commerce companies.

ImpriMed

Series A in 2021
ImpriMed, Inc. is a company that specializes in drug testing services, focusing on the responses of live cancer cells from pets, particularly those with lymphoma. Based in Palo Alto, California, with a branch office in Seoul, South Korea, ImpriMed uses individualized drug response prediction technology to assist veterinary oncologists in selecting appropriate anticancer treatments. By collecting genetic and cellular information from pet cancer cells, the company creates a patient-derived database that not only aids in veterinary oncology but also holds potential for applications in human cancer care. This data-driven approach enables veterinarians to make informed decisions on final treatment regimens, ultimately enhancing precision medicine in both animal and human oncology. ImpriMed was incorporated in 2017.

HUINNO

Series B in 2020
HUINNO, Inc., founded in 2014 and headquartered in Boston, Massachusetts, develops healthcare devices that monitor vital health data, including blood pressure, heart rate, electrocardiogram (ECG), and blood oxygen saturation levels (SpO2). The company leverages proprietary technologies in wearable devices and artificial intelligence to provide healthcare providers with an effective remote patient monitoring solution aimed at improving the management of chronic cardiac diseases. HUINNO's clinically-tested platform delivers real-time measurements with clinical-grade accuracy and offers an application and cloud-based ecosystem for longitudinal analysis of health trends, medication compliance, and lifestyle habits. This comprehensive approach not only enhances patient care but also aids healthcare professionals in making informed medical decisions while treating conditions such as arrhythmia and hypertension. With additional offices in New York and Seoul, HUINNO is committed to transforming the way clinicians and patients manage chronic health issues.

Neubility

Seed Round in 2020
Neubility is a company focused on transforming the delivery industry through the use of self-driving delivery robots. Founded in 2017 and headquartered in Seoul, the company utilizes advanced vision-based localization and path-planning technologies to operate autonomous delivery robots. This innovation aims to address the challenges of last-mile delivery, particularly in densely populated urban areas, by providing a reliable and cost-effective solution for businesses and consumers alike. Neubility's robots perform deliveries without human intervention, thereby redefining urban logistics and enhancing the efficiency of parcel delivery services.

Nearthlab

Series B in 2020
Nearthlab, Inc. is a technology-focused start-up based in Seoul, South Korea, specializing in the development of autonomous drone systems primarily for the wind and renewable energy sectors. Founded by graduates of KAIST, the company leverages proprietary deep-learning algorithms to enhance safety inspections. Its flagship products include NearthWIND Pro, an autonomous drone designed for wind turbine inspections that can detect cracks and damages using AI, Zoomable, a cloud-based platform for managing and analyzing inspection data, and NearthWIND Mobile, a mobile solution for autonomous flight control. Nearthlab's AI technology allows for efficient autonomous flight in low-computing power and low-latency conditions, significantly reducing inspection times from hours to minutes. The company is supported by prominent venture capital firms in Korea, positioning it as a leader in drone technology for inspection purposes.

bitsensing

Seed Round in 2020
Bitsensing is a radar technology startup based in Seoul, South Korea, founded in 2018. The company specializes in developing innovative products and solutions that enhance smart city infrastructure and improve quality of life for citizens. Its offerings include the Traffic Radar, which provides real-time monitoring of traffic conditions such as vehicle counts and speeds, and the Virtual Fence, a device that detects intrusions without the need for physical barriers. Additionally, Bitsensing has developed a 4D Imaging Radar that supports autonomous driving through high-resolution, point-cloud-based detection and tracking capabilities. By integrating artificial intelligence with radar technology, Bitsensing aims to create reliable environments and promote smart living solutions.

Codeit

Series A in 2020
Codeit is an ed-tech platform focused on providing interactive online education in programming and data science, addressing the growing demand for software skills in a rapidly evolving job market. With a strong emphasis on better content and an affordable platform, Codeit has successfully educated over 100,000 students, many of whom sought to transition to new careers. The company aims to foster a love for learning by emphasizing not just knowledge acquisition but also a deeper engagement with the learning process. Originally established in South Korea, Codeit plans to expand its offerings globally, introducing additional topics such as design, marketing, and product management to meet diverse educational needs.

Zezedu

Seed Round in 2020
Zezedu operates an AI-driven platform that delivers personalized mathematics education services, primarily through its CherryPot application. Based in South Korea, the company focuses on enhancing students' problem-solving skills by recognizing handwritten equations and offering immediate feedback on their work. CherryPot also supports various international curricula, including Cambridge and IB, and is designed to assist teachers with partial score grading for problems that can be approached in multiple ways. The platform has demonstrated its effectiveness in over 190 secondary schools and private tutoring centers across Korea and the United States, promoting a more efficient learning experience in mathematics and contributing to improved academic outcomes and lesson design.

Deeping Source

Series A in 2020
Deeping Source Inc is a technology company based in Seoul, South Korea, specializing in data anonymization. Its core technology effectively removes personally identifiable information (PII) from images and videos while maintaining the data's usability for artificial intelligence (AI) applications. The company holds global patents in this area and has developed two primary AI products. The first is an AI video analytics solution that leverages anonymized CCTV footage to provide insights into visitor behavior in retail environments and exhibition centers. The second product supports autonomous driving AI by enabling the collection of vast amounts of real-world image and video data without breaching privacy regulations. By utilizing its anonymization technology, Deeping Source allows companies to gather and utilize sensitive data securely, facilitating compliance with privacy laws such as GDPR while enhancing data-driven decision-making.

Neubility

Seed Round in 2019
Neubility is a company focused on transforming the delivery industry through the use of self-driving delivery robots. Founded in 2017 and headquartered in Seoul, the company utilizes advanced vision-based localization and path-planning technologies to operate autonomous delivery robots. This innovation aims to address the challenges of last-mile delivery, particularly in densely populated urban areas, by providing a reliable and cost-effective solution for businesses and consumers alike. Neubility's robots perform deliveries without human intervention, thereby redefining urban logistics and enhancing the efficiency of parcel delivery services.

Vuno

Series B in 2018
Vuno offers artificial intelligence-based medical solutions for doctors and patients that provides a platform and consulting services for medical data analysis. Vuno develops automatic algorithm against various problems that occurs in medical sites as well as it develops diagnostic and quantification assisting software. The clients of the company are Asan Medical Center and HYUNDAI. The company offers VunoMed that provides different forms of data analyzation for medical videos, ECGs, brain waves, and EMR data. Vuno is located in South Korea and the company was founded in 2014 by Yeha Lee, Kyu-Hwan Jung, and Dannis Kim.

SOS LAB

Series A in 2018
SOS Lab is a company specializing in the development and manufacturing of LiDAR technology, which utilizes lasers to measure distances and shapes in the surrounding environment. The company focuses on creating innovative solutions for self-driving vehicles, featuring its hybrid LiDAR system, the SL-1, which merges motor scanning systems with solid-state MEMS mirrors. This system aims to reduce costs and enhance accessibility in the autonomous vehicle market. In addition to the SL-1, SOS Lab offers the GL-3 for factory automation and robotics, and the TL-3 for security applications. The company is also advancing its technology by integrating hardware sensors with AI-based object recognition, leveraging 3D point cloud data for improved tracking and recognition. To further its mission, SOS Lab collaborates with partners in the automotive electronics sector and global semiconductor companies, with R&D centers in Seoul and Gwangju and business operations in Silicon Valley to expand its presence in the global self-driving and advanced driver-assistance systems markets.

BlockOdyssey

Seed Round in 2018
BlockOdyssey Inc. is a technology start-up based in Daejeon, South Korea, specializing in blockchain-based distribution management systems. The company focuses on providing industry-specific solutions, particularly in anti-counterfeiting and logistics management. Its main offering includes a blockchain-based platform that enhances the reliability of data sharing among businesses, thereby improving authentication and management of logistics information. BlockOdyssey has garnered investment from major players in the cosmetic industry and is actively collaborating with pharmaceutical companies in France. The company's technology utilizes digital signature QR codes to ensure strong security and streamline the distribution process through blockchain integration.

bitsensing

Seed Round in 2018
Bitsensing is a radar technology startup based in Seoul, South Korea, founded in 2018. The company specializes in developing innovative products and solutions that enhance smart city infrastructure and improve quality of life for citizens. Its offerings include the Traffic Radar, which provides real-time monitoring of traffic conditions such as vehicle counts and speeds, and the Virtual Fence, a device that detects intrusions without the need for physical barriers. Additionally, Bitsensing has developed a 4D Imaging Radar that supports autonomous driving through high-resolution, point-cloud-based detection and tracking capabilities. By integrating artificial intelligence with radar technology, Bitsensing aims to create reliable environments and promote smart living solutions.

Uneedcomms

Seed Round in 2017
Uneedcomms, Inc. is a South Korean company specializing in data-driven e-commerce and marketing solutions. Founded in 2014, the company offers innovative products such as SMARTSKIN, a mobile shopping solution, and TARGETBOOK, a big data-based advertising management tool. TARGETBOOK analyzes shopping mall user behavior to optimize ad targeting and synchronizes product information in real time, facilitating effective advertising for mall retailers. Additionally, it automates the creation and editing of promotional content, allowing businesses to focus on strategic decision-making rather than repetitive tasks. Uneedcomms aims to enhance the efficiency of small and medium-sized e-commerce businesses, positioning itself as a key player in the evolving digital marketplace.

SOS LAB

Seed Round in 2017
SOS Lab is a company specializing in the development and manufacturing of LiDAR technology, which utilizes lasers to measure distances and shapes in the surrounding environment. The company focuses on creating innovative solutions for self-driving vehicles, featuring its hybrid LiDAR system, the SL-1, which merges motor scanning systems with solid-state MEMS mirrors. This system aims to reduce costs and enhance accessibility in the autonomous vehicle market. In addition to the SL-1, SOS Lab offers the GL-3 for factory automation and robotics, and the TL-3 for security applications. The company is also advancing its technology by integrating hardware sensors with AI-based object recognition, leveraging 3D point cloud data for improved tracking and recognition. To further its mission, SOS Lab collaborates with partners in the automotive electronics sector and global semiconductor companies, with R&D centers in Seoul and Gwangju and business operations in Silicon Valley to expand its presence in the global self-driving and advanced driver-assistance systems markets.

AlcaCruz

Seed Round in 2016
AlcaCruz, Inc. is a video streaming company headquartered in San Mateo, California, with an additional office in Seoul, South Korea. Established in 2014, the company specializes in advanced streaming technology that allows users to watch multiple live or recorded camera feeds simultaneously. Their flagship offerings include the SuperStream MultiView technology and CruzTV, a global esports streaming platform. These innovations enable content creators and platforms to deliver interactive experiences, such as live streaming of esports, sports games, concerts, and other events, all on a single screen. AlcaCruz's technology is designed to provide high-quality video while utilizing low bandwidth, resulting in significant cost savings compared to traditional streaming methods.

Finda

Series A in 2016
Finda, Inc. operates an online comparison platform based in Seoul, South Korea, that allows users to compare a variety of financial products, including mortgages, personal loans, and investments. The platform gathers comprehensive data on these financial products and offers tailored recommendations to help individuals make informed financial choices. By integrating information from multiple industries, such as automobile finance, Finda aims to enhance its services and provide timely financial insights. Their goal is to facilitate better decision-making for users by offering economic calculation tools for housing loans, monthly savings, and loan repayment strategies.

Neurophet

Pre Seed Round in 2016
Neurophet, Inc. is a neuroscience company based in Seoul, South Korea, founded in 2016. It specializes in developing innovative software solutions for brain stimulation and treatment of neurological disorders. The company's flagship product, Neurophet tES Lab, is a simulation software that calculates and visualizes the effects of brain stimulation by utilizing individual brain structures and specific stimulation conditions. Neurophet employs its proprietary Segengine technology, which can automatically segment brain magnetic resonance images into 107 distinct regions within a minute. This technology aids in predicting and investigating stimulation effects for conditions such as Alzheimer's disease, providing clinicians with a three-dimensional brain model and stimulation parameter guidance. By leveraging deep learning and numerical optimization techniques, Neurophet enables healthcare professionals to focus interventions on targeted regions of the brain, enhancing treatment efficacy for patients with brain diseases.

Finda

Seed Round in 2015
Finda, Inc. operates an online comparison platform based in Seoul, South Korea, that allows users to compare a variety of financial products, including mortgages, personal loans, and investments. The platform gathers comprehensive data on these financial products and offers tailored recommendations to help individuals make informed financial choices. By integrating information from multiple industries, such as automobile finance, Finda aims to enhance its services and provide timely financial insights. Their goal is to facilitate better decision-making for users by offering economic calculation tools for housing loans, monthly savings, and loan repayment strategies.

Awair

Seed Round in 2015
Awair is a company dedicated to improving indoor air quality (IAQ) for individuals in various environments, including homes, schools, and workplaces. Headquartered in San Francisco, with an additional office in Seoul, Awair develops advanced indoor air monitoring devices that measure key factors such as temperature, humidity, carbon dioxide, volatile organic compounds, and dust. These devices provide users with actionable insights and easy-to-understand software, empowering them to enhance their indoor air quality for better health and safety. By focusing on user-friendly technology and comprehensive monitoring, Awair aims to ensure that people can breathe safely indoors.
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