IMM Investment

IMM Investment Corp. is a private equity and venture capital firm based in Seoul, South Korea, established in July 1999. The firm specializes in mezzanine investments and focuses on various strategies, including mergers and acquisitions, corporate restructuring, and management buyouts. It allocates capital across different stages of growth, with investments divided among startups, expansion, and mezzanine funding. IMM Investment primarily targets small to medium-sized companies in sectors such as information technology, healthcare, biotechnology, manufacturing, and infrastructure. The firm emphasizes active management involvement and prefers investing in companies with strong credit ratings. Additionally, it has a significant focus on industries such as IT infrastructure, wireless communications, entertainment, and digital hardware. Through its funds, IMM Investment engages in both direct investments and co-investments, aiming to support companies that require capital for growth or restructuring.

JaeChul Byun

Partner and Co-CEO

Hyun-Chan Cho

Managing Partner

Jaeyong Cho

Senior Managing Director

Younghwan Chung

Principal, Growth Capital

Kim Eun

Senior Managing Director

Jeanrok Han

Managing Director

IlBu Joung

CEO, IMM and Co, Chief Investment Officer and Partner

Chul Jung

Managing Director

Chong Kang

Managing Director

Suyoung Kim

Managing Director

Seong Kim

Managing Director and Group Leader

Youngeun Kim

Executive Vice President and Division Head

Meenjoo Kim

Investment Professional

Byung Kim

Senior Managing Director and Division Head

KeumDong Kim

Managing Director

Minjeong Kim

Venture Capitalist

Hyejin Kim

Managing Director

JaeYun Koo

Senior Managing Director and Division Head

Jean Lee

Managing Director

Seung Lee

Partner and Executive Vice President

Young Seok Lee

Vice President

Da Lee

Director

YoungJoon Lee

Co-CEO and Managing Partner

Sunhye Lee

Managing Director

Aleum Lee

Managing Director

Philip Li

Managing Director

Sung Na

Senior Managing Director and Division Head

JinHeum Paek

Senior Managing Director

Young Song

Private Equity Investor

Wonki Yoon

Senior Managing Director and Division Head

Yeojung Moon Ph.D

Senior Managing Director and Division Head

Kwang Na Ph.D

Managing Director

Byeonggyu Kim Ph.D

Managing Director

Jiyun Jung Ph.D

Managing Director

Past deals in Asia

Nextin

Venture Round in 2023
Nextin, Inc. is a South Korean company that specializes in manufacturing defect inspection and metrology systems for the semiconductor and display industries. Founded in 2010 and headquartered in Hwaseong-si, the company offers advanced products such as AEGIS wafer inspection systems, which identify various defects including bridges, thinning, and scratches in semiconductor manufacturing processes. Additionally, Nextin provides the IRIS wafer metrology-inspection system, designed to measure vertical structures and detect pattern defects in 3D semiconductor devices and advanced packaging processes. The TWINS integration module complements these offerings by measuring edge trimming processes and inspecting related defects. Through its innovative solutions, Nextin plays a crucial role in enhancing quality control within semiconductor manufacturing.

Medb Korea

Seed Round in 2023
Medb Korea is a medical consumer, hospital, and pharmacy-focused online medical care and prescription drug delivery platform.. Medb Korea is located in Gangnam-gu, Seoul.

Okestro

Series A in 2022
Okestro offers cloud and AIOps software solutions through its integrated management platform, which is designed to enhance multi-hybrid cloud operations. The platform focuses on optimizing IT functions by utilizing data collection and analysis, artificial intelligence for learning and predictions, and techniques for cloud optimization and anomaly detection. This enables a variety of clients, including cloud service providers, managed service providers, and public-private partnerships, to improve their operational efficiency and effectively manage their cloud environments.

Shiftup

Venture Round in 2022
Shift Up Corp is a game design and development studio that covers a wide range of areas from game production to promotional videos and music production, based on illustrations and solid planning and programming capabilities.

Pure Harvest Smart Farms

Venture Round in 2022
Pure Harvest Smart Farms is a Dubai-based company specializing in the production and sale of organic tomatoes and other premium fruits and vegetables. It operates in the challenging climates of the Arab Gulf region, utilizing advanced controlled-environment agriculture technologies. The company is committed to sustainable agriculture and aims to enhance food security by implementing innovative growing techniques and horticultural best practices. By focusing on year-round production, Pure Harvest seeks to provide affordable, high-quality fresh produce to meet the demands of the local market.

LumanLab

Seed Round in 2022
LumanLab develops digital therapeutics to solve developmental delay problems.

ZigBang

Venture Round in 2022
Zig Bang, an apartment hunting app from Korea. Users on Zig Bang can search for rental properties by the number of rooms, occupants, and price. Across both mobile and web versions, the startup reports 6 million users (though those aren’t all necessarily active and there might be some overlap). The goal for 2015 is to hit 10 million and potentially seek another funding round.

Rebellions

Series A in 2022
Rebellions Inc specializes in developing artificial intelligence semiconductors that serve as full-stack alternatives for AI processing. The company focuses on creating genuine AI accelerators by effectively linking silicon architectures with deep learning algorithms. This is achieved by pushing the boundaries of algorithms to better utilize silicon resources and redesigning AI processors to include advanced deep learning features through dedicated silicon kernels. Rebellions aims to deliver domain-specific AI processors alongside optimized software, enabling clients to access powerful and energy-efficient AI hardware. Their innovative approach ensures seamless integration and enhanced performance, addressing the limitations of traditional AI chip designs.

Uppthera

Series B in 2022
Operator of a pharmaceutical venture company aiming to develop new drugs based on protac technology. The company provides a protein degradation platform employing a ubiquitin-proteasome system in the body, enabling patients to recover from metabolic disease and several cancers including hematologic malignancy and others.

OHouse

Series D in 2022
O-House is a home furnishing and interior platform. The company believes that beautiful homes can change peoples' lives for the better. Its mission is to help users decorate homes with fun, ease, and confidence. O-House revolutionizes the home furnishing and remodeling market in Korea with its user-generated style gallery, which helps users discover their preferred styles before purchasing products. On top of the marketplace for home furnishing products, it provides home remodeling services. O-House won the Best App Award by Google Play in 2018, and its app is downloaded by more than 10 million users.

Neubility

Series A in 2022
Neubility innovates delivery industry with self-driving delivery robots and redefines how things are delivered within cities. Starting from one of the most densely populated cities in Asia, Neubility provides reliable and affordable robot delivery service with vision-based localization and self-driving technology. Founded in 2017, the company is based on Seoul, where thousands of deliveries are completed every second.

Spark Biopharma

Series C in 2022
SPARK BioPharma Co., Ltd. was established in Seoul National University in January 2016 based on the unique drug molecule diversity technology, the image-based screening technology using the unique fluorescent skeleton probe, and the target protein identification technology in the initial drug development stage. We are currently exploring and developing new drug candidates using these three core technologies, and we will continue to accelerate the development of new drugs and increase the success rate through strategic cooperation research with domestic and overseas research institutes and pharmaceutical institutions. '

Biorchestra

Series C in 2022
Developer of ribonucleic acid-based therapeutics intended to treat neurodegenerative diseases. The company's therapeutics include candidates for Alzheimer's disease, m-ribonucleic acid vaccine and drug delivery systems for ribonucleic acid candidates, enabling doctors to improve the health of humankind.

Shopl & Company

Series A in 2022
Shopl, stands for “Shop + people”, is SasS-based software trying to resolve problems such as checking field team employees’ attendance and performance, get store data and set sales targets in the retail industry. It is the right technology connecting employees at retail shops and back-office teams at Headquarters. Shopl is in full operation from 2020, and it already secured 10,000 users. Also, it is making revenue from paid customers by providing services to Global manufacturing companies. Shopl helps to manage both employees and store issues in real-time and improves employee engagement in the shop which positively impacts business performance.

Retailo

Debt Financing in 2022
Retailo is an online business-to-business marketplace focused on enhancing the retail supply chain in the MENAP region. Founded in 2020 and headquartered in Riyadh, Saudi Arabia, the company leverages technology to streamline and improve the processes involved in retail distribution. By providing a digital platform for retailers and suppliers, Retailo aims to facilitate efficient transactions and better inventory management, ultimately contributing to the modernization of the retail sector in the area.

WELT

Series B in 2022
WELT is a company that specializes in smart fashion technology, specifically through its innovative smart belt designed for health management. This wearable device allows users to monitor their wellness by tracking key metrics such as waist size, physical activity, sitting time, and eating habits. The belt operates with a Bluetooth-enabled biomarker sensor that connects to a mobile application, providing personalized feedback and custom messages aimed at reducing metabolic risks. Its elegant design ensures that it resembles a traditional leather belt while housing advanced health-tracking capabilities. The rechargeable battery lasts over seven days, making it a convenient accessory for users looking to maintain a healthier lifestyle while staying stylish.

ALUX

Series C in 2021
ALUX Co,. Ltd publishes and offers educational content in the form of textbooks and teaching materials. It also offers a combination of textbooks and teaching materials that include various sensor theme boards, game theme boards, USB cables, sound sensors, infrared sensors, light sensors, textbooks, and blocks; coding related publications; and merchandise, including x Coding TV gel pens and bags. The company sells its products online. ALUX Co,. Ltd was incorporated in 2015 and is based in Seoul, South Korea.

Lunit

Venture Round in 2021
Lunit Inc. is a South Korean company that specializes in developing advanced algorithms for medical image analysis and general object detection using machine learning technology. The firm focuses on areas such as digital chest X-ray, digital mammography, digital pathology, and fundus photography. By leveraging cutting-edge deep learning techniques, Lunit aims to assist physicians in making accurate and efficient clinical decisions. The company has demonstrated its expertise in image recognition, having ranked among the top five in the ImageNet Challenge, a prominent competition in the field. Lunit's technology is notable for its ability to utilize weakly labeled data, enhancing its pattern recognition capabilities. Supported by significant venture capital investments, Lunit is actively engaged in large-scale research collaborations with major university hospitals in South Korea, reflecting its strong reception within the medical community.

Zikooin Company

Series A in 2021
Zikooin Company produces and supplies vegetable meat made from discarded grains. The company is based in Seoul, South Korea.

OKXE

Series A in 2021
OKXE Vietnam Company Limited is an online e-commerce platform established in 2018 and headquartered in Hanoi, Vietnam, specializing in the buying and selling of motorcycles. The platform serves as a marketplace that connects motorcycle sellers and buyers, utilizing artificial intelligence and big data to enhance the user experience. It features a diverse range of verified motorcycles from various brands and stores, ensuring a safe and efficient shopping environment for customers. By focusing on the motorcycle market, OKXE aims to streamline transactions and offer a comprehensive selection of vehicles for potential buyers.

42dot

Series A in 2021
42dot is a technology company based in Seoul, South Korea, focused on advancing urban mobility through its innovative Urban Mobility Operating System (UMOS). Founded in 2019, 42dot is developing a cloud-based platform that integrates various autonomous vehicles, including self-driving cars, drones, and automated delivery robots, to offer seamless transportation services. By facilitating the transition to autonomous transportation-as-a-service (aTaaS), 42dot aims to enhance mobility solutions in urban environments, making transportation more efficient and accessible.

Crowdworks

Series C in 2021
CrowdWorks, Inc. develops online crowd sourcing platform for artificial intelligent (AI) which engages in collecting, strengthening, and structuring leaning data for machine learning. The company offers its services for analysis and classifying of image works, text works, voice works, and survey works. The company is based in Seoul, South Korea.

Pure Harvest Smart Farms

Venture Round in 2021
Pure Harvest Smart Farms is a Dubai-based company specializing in the production and sale of organic tomatoes and other premium fruits and vegetables. It operates in the challenging climates of the Arab Gulf region, utilizing advanced controlled-environment agriculture technologies. The company is committed to sustainable agriculture and aims to enhance food security by implementing innovative growing techniques and horticultural best practices. By focusing on year-round production, Pure Harvest seeks to provide affordable, high-quality fresh produce to meet the demands of the local market.

Hugel

Post in 2021
Hugel, Inc. is a biopharmaceutical company based in Chuncheon-si, South Korea, specializing in various medical and aesthetic products. The company offers a range of Botulinum Toxin products used for treating conditions such as eyelid convulsions, severe wrinkles, upper limb stroke, and foot deformities in children with cerebral palsy. These products are marketed under several brand names, including Botulax and Hugel Toxin. In addition to Botulinum Toxin, Hugel provides hyaluronic acid fillers under brands like Dermalax and Revigance, as well as cosmetics under the Wellage brand. Established in 2001, Hugel aims to enhance global health and quality of life through innovation and advanced technology in its offerings.

DeepBrain AI

Series B in 2021
Deepbrain AI, founded in 2016 and based in Seoul, South Korea, is an interactive AI company specializing in the development of advanced AI-powered technology solutions. The company focuses on three core areas: AI services that encompass voice, video, and conversational processing; deep learning technologies using multi-layer neural networks for machine learning applications; and chatbot systems designed for non-face-to-face communication that emulate human interaction. Deepbrain AI's conversational artificial intelligence technology has been effectively utilized across various sectors, including broadcasting, education, and customer service. With a total investment of $9.5 million, including a notable $2 million from IDG Capital in 2019, the company is expanding its partnerships with major firms like Microsoft, Kakao Partner, and SK Telecom. This strategic growth positions Deepbrain AI to enhance its offerings and enter new global markets, capitalizing on its innovative technology and increasing demand in the evolving landscape of AI.

DeepBrain AI

Series B in 2021
Deepbrain AI, founded in 2016 and based in Seoul, South Korea, is an interactive AI company specializing in the development of advanced AI-powered technology solutions. The company focuses on three core areas: AI services that encompass voice, video, and conversational processing; deep learning technologies using multi-layer neural networks for machine learning applications; and chatbot systems designed for non-face-to-face communication that emulate human interaction. Deepbrain AI's conversational artificial intelligence technology has been effectively utilized across various sectors, including broadcasting, education, and customer service. With a total investment of $9.5 million, including a notable $2 million from IDG Capital in 2019, the company is expanding its partnerships with major firms like Microsoft, Kakao Partner, and SK Telecom. This strategic growth positions Deepbrain AI to enhance its offerings and enter new global markets, capitalizing on its innovative technology and increasing demand in the evolving landscape of AI.

Orum Therapeutics

Series B in 2021
ORUM THERAPEUTICS, INC. engages in the research and development of therapeutic antibodies using cell penetrating antibody platform. Its platform targets specific cell types and adapts to different cell types and different intracellular proteins without chemical modifications. The company develops products for treatment of genetic diseases and cancer. ORUM THERAPEUTICS, INC. was founded in 2016 and is based in Daejeon, South Korea.

Soomgo

Series C in 2021
Soomgo is service marketplace where customers and local professionals for over 950+ services come together. Their services range from private music lessons and home cleaning to wedding planning and web development among many more. Their team consists of seasoned serial entrepreneurs, and the company is backed by leading institutions in both South Korea and the United States including Primer, Bon Angels, and Y Combinator (W17).

Musinsa

Venture Round in 2021
Musinsa Co., Ltd. is a fashion-focused company based in Seoul, South Korea, established in 2012. It operates both online and offline, offering a diverse range of products that include apparel, footwear, accessories, cosmetics, and more. Musinsa serves as a platform for various brands, including subculture, national, and global sports brands, providing customers with curated content, styling pictorials, and information on fashion trends. The company emphasizes customer engagement by allowing users to interact with brands and access personalized curation and storytelling. Additionally, Musinsa publishes an online fashion web magazine that showcases product information and brand highlights, further enriching the fashion culture and consumption experience in the Korean market.

PlayList

Series B in 2021
PlayList is a web drama production company that specializes in creating and distributing dramas and music content through a digital platform. It has gained significant popularity among the 18-24 age demographic with its flagship web series, Love Playlist and A-Teen, which have collectively amassed over 10 million subscribers and 1.3 billion views. The company's focus on engaging and diverse content enables it to captivate a broad audience, particularly within the adult segment, while showcasing quality Korean shows across various genres.

Unlimeat

Series B in 2021
Unlimeat is a company specializing in the production of plant-based meat products that serve as sustainable and environmentally friendly food substitutes. Its offerings include a variety of items such as sliced meat, minced meat, burger patties, and pulled barbecue, all designed to replicate the texture, flavor, and aroma of traditional meat. Unlimeat focuses on utilizing perfectly edible but cosmetically imperfect produce that would otherwise go to waste, aligning with its commitment to sustainability. The company's plant-based meats are versatile, making them suitable for both Eastern and Western culinary applications. As a member of the Upcycled Food Association, Unlimeat emphasizes its dedication to reducing food waste while providing conscientious consumers with eco-friendly alternatives to conventional meat.

Trenbe

Series B in 2021
Trenbe Inc. is an online fashion platform based in Seoul, South Korea, specializing in the sale of apparel, bags, shoes, and accessories for both men and women. Incorporated in 2016, the company focuses on providing luxury clothing and accessories through its online shopping mall, which features a wide range of products from various brands. Utilizing in-house technology, Trenbe aims to offer luxury goods at more affordable prices, making high-end fashion accessible to a broader audience.

Hutom

Series B in 2021
Operator of a surgical data platform intended to improve diagnosis through digital innovation. The company's platform specializes in robotics and laparoscopic surgery, analytical diagnosis, and a simulated examination of the surgery and provides 3D anatomical images and AI-based surgical analysis reports, enabling medical professionals to manage patient complications more efficiently.

DeepNoid

Seed Round in 2020
Deepnoid Inc. is a medical artificial intelligence company based in Seoul, South Korea, founded in 2008. The company specializes in developing AI solutions for various medical applications, including DEEP:NEURO, DEEP:LUNG, DEEP:SPINE, DEEP:CHEST, DEEP:BREAST, DEEP:ENDO, DEEP:DENTAL, DEEP:FUNDUS, DEEP:PATH, and DEEP:LIVER. These solutions analyze clinical data related to diseases, such as medical images from CT, MRI, and X-ray scans, as well as pathological images of cells and tissues, and electronic medical records from hospitals. Deepnoid operates as a doctor-driven platform, facilitating research in medical imaging AI models. It provides an open environment that allows for efficient collaboration among medical professionals, utilizing both image processing and neural network modules, while effectively leveraging cloud computing resources.

Biorchestra

Seed Round in 2020
Developer of ribonucleic acid-based therapeutics intended to treat neurodegenerative diseases. The company's therapeutics include candidates for Alzheimer's disease, m-ribonucleic acid vaccine and drug delivery systems for ribonucleic acid candidates, enabling doctors to improve the health of humankind.
OliX Pharmaceuticals is a clinical stage biotechnology company based in Suwon, South Korea, specializing in the development of RNA interference (RNAi) therapeutics aimed at treating various dermal, ophthalmic, and pulmonary diseases. The company's diverse product pipeline includes treatments such as OLX101 for skin scars, OLX102 for skin whitening, OLX103 for atopic dermatitis, OLX104 for hair loss, OLX105 for anti-wrinkle applications, and OLX106 for diabetic foot ulcers. Additionally, it is developing therapies for age-related macular degeneration, retinitis pigmentosa, lung fibrosis, asthma, influenza, neuropathic pain, liver fibrosis, and cancer immunotherapy. OliX Pharmaceuticals has also formed a collaboration with Théa to advance SiRNA therapeutics specifically for ophthalmic conditions. Established in 2010, the company leverages its proprietary RNAi technology to regulate the expression of genes associated with diseases.

OHouse

Series C in 2020
O-House is a home furnishing and interior platform. The company believes that beautiful homes can change peoples' lives for the better. Its mission is to help users decorate homes with fun, ease, and confidence. O-House revolutionizes the home furnishing and remodeling market in Korea with its user-generated style gallery, which helps users discover their preferred styles before purchasing products. On top of the marketplace for home furnishing products, it provides home remodeling services. O-House won the Best App Award by Google Play in 2018, and its app is downloaded by more than 10 million users.

flex

Series A in 2020
Flex is a human relations platform co-founded by Haenam (Justin) Chang, designed to enhance work efficiency and employee experience through digital transformation. The platform addresses various challenges faced by organizations in managing their workforce. It offers features such as time and attendance management, payroll processing, electronic contracts, workflow automation, and data insights. By streamlining these processes, Flex aims to reduce the risks associated with HR management and assists companies in making informed decisions while minimizing repetitive tasks.

PinotBio

Venture Round in 2020
PinotBio is a biotechnology company focused on creating next-generation anticancer treatments. The company's innovative drugs are designed to address refractory and relapsed cancers, as well as other challenging conditions like glaucoma. By developing targeted therapies, PinotBio aims to enhance treatment options for healthcare providers, ultimately helping patients recover from life-threatening diseases.

OKXE

Series A in 2020
OKXE Vietnam Company Limited is an online e-commerce platform established in 2018 and headquartered in Hanoi, Vietnam, specializing in the buying and selling of motorcycles. The platform serves as a marketplace that connects motorcycle sellers and buyers, utilizing artificial intelligence and big data to enhance the user experience. It features a diverse range of verified motorcycles from various brands and stores, ensuring a safe and efficient shopping environment for customers. By focusing on the motorcycle market, OKXE aims to streamline transactions and offer a comprehensive selection of vehicles for potential buyers.

Curocell

Series C in 2020
Curocell Inc is engaged in medical and pharmaceutical research and development. The company is into development of CAR-T treatments that enhance the natural function of immune cells to eliminate cancer cells through genetic manipulation of human immune cells.

MyRealTrip

Venture Round in 2020
MyRealTrip is leading tours&activities marketplace in South Korea. MyRealTrip is the best free travel platform in Korea where you can book flights, accommodations, tours & tickets, and special offers. Starting with guided tour service in 2012, it has been growing rapidly since it successfully launched air service in 2018. MyRealTrip is constantly striving to provide travelers with a personalized experience and provide them with a more valuable experience.

Riiid

Series D in 2020
Riiid, established in 2014, is a leading provider of AI tutor solutions that aims to transform the education market through innovative AI technology. The company launched its first commercial product, Santa TOEIC, in 2017, which utilizes a deep learning algorithm and has attracted over one million users in South Korea, demonstrating significant effectiveness. Riiid's AI solutions are designed to replace traditional textbooks and lectures, offering personalized tutoring that surpasses the performance of human tutors while being cost-effective. The company operates Santa TOEIC in Japan and has introduced Santa SAT in Vietnam, with plans for further expansion into new testing areas and geographical markets. By providing adaptive assessment platforms that deliver personalized feedback and targeted learning resources, Riiid empowers students to identify their strengths and weaknesses, track their progress, and achieve their educational goals. Through its efforts, Riiid is driving the democratization of education and reshaping the learning landscape.

Uppthera

Series A in 2020
Operator of a pharmaceutical venture company aiming to develop new drugs based on protac technology. The company provides a protein degradation platform employing a ubiquitin-proteasome system in the body, enabling patients to recover from metabolic disease and several cancers including hematologic malignancy and others.

42dot

Venture Round in 2020
42dot is a technology company based in Seoul, South Korea, focused on advancing urban mobility through its innovative Urban Mobility Operating System (UMOS). Founded in 2019, 42dot is developing a cloud-based platform that integrates various autonomous vehicles, including self-driving cars, drones, and automated delivery robots, to offer seamless transportation services. By facilitating the transition to autonomous transportation-as-a-service (aTaaS), 42dot aims to enhance mobility solutions in urban environments, making transportation more efficient and accessible.

United Water

Venture Round in 2020
United Water is a provider of water supply and waste water treatment in China.

SwatchOn

Corporate Round in 2020
SWATCHON.COM was launched under the motive to provide a variety of unique, high-quality wholesale fabrics at a reasonable price. Their team is composed of young, creative, professional and motivated individuals crazy and passionate about fashion fabric. And they are here to help you find the perfect fabric for your collection. They assure that you will have great experiences with their personalized approach to each and every client.

H2O Hospitality

Series B in 2020
H2O Hospitality, Ltd. specializes in hospitality management services for hotels and lodgings in the Korean and Japanese markets. Founded in 2015 and based in Seoul, the company has emerged as the largest vacation rental management provider in these regions. H2O Hospitality automates operational processes through its proprietary property management system, which efficiently manages reservations, inventory, and housekeeping without the need for on-site staff. This automation significantly reduces fixed operational costs while enhancing the yield of the managed facilities. The company offers a range of services, including profit management, customer call response, online sales and marketing, and review management, which collectively support vacation rental owners in optimizing their property management and increasing customer satisfaction.

Lunit

Series C in 2020
Lunit Inc. is a South Korean company that specializes in developing advanced algorithms for medical image analysis and general object detection using machine learning technology. The firm focuses on areas such as digital chest X-ray, digital mammography, digital pathology, and fundus photography. By leveraging cutting-edge deep learning techniques, Lunit aims to assist physicians in making accurate and efficient clinical decisions. The company has demonstrated its expertise in image recognition, having ranked among the top five in the ImageNet Challenge, a prominent competition in the field. Lunit's technology is notable for its ability to utilize weakly labeled data, enhancing its pattern recognition capabilities. Supported by significant venture capital investments, Lunit is actively engaged in large-scale research collaborations with major university hospitals in South Korea, reflecting its strong reception within the medical community.

Amondz

Series A in 2020
Amondz is a jewelry e-commerce platform designed to enhance the domestic jewelry market by connecting buyers and sellers. The platform offers quick access to a comprehensive production list and provides price quotations for consumers. Additionally, it emphasizes personalized customer support and consultation for sellers, facilitating a seamless interaction between both parties. By creating a reliable network of trustworthy sellers, Amondz aims to increase revenue opportunities for its clients while streamlining the purchasing process for consumers.

Spoon

Series B in 2019
Spoon is a personal audio broadcasting platform based in Seoul, South Korea, that enables users to share stories, ideas, and music through voice. The platform allows individuals to create personal broadcasts, conduct voice blogs, and share user-generated content, fostering a community where users can connect and engage with one another about real-life issues. By focusing on voice as the primary medium, Spoon offers a comfortable and accessible way for users to communicate and express themselves creatively.

WeMakePrice

Venture Round in 2019
Wemakeprice Inc. is a South Korean social commerce platform that specializes in e-commerce and internet marketing services. Founded in May 2010 and based in Seoul, the company operates the online shopping site wemakeprice.com, providing a variety of products and services to consumers. Originally established as Namu Internet Inc., the company rebranded to Wemakeprice Inc. in 2013. It focuses on leveraging social commerce to enhance consumer engagement and streamline online shopping experiences.

Curiox Biosystems

Series B in 2019
Curiox is a bioinstrumentation company spun out of the Agency for Science, Technology, and Research (A*STAR) in Singapore. Curiox has become a leader in the development and commercialization of innovative assay platforms based on its expertise in surface chemistry and engineering. Curiox’s vision is to accelerate the progress of life sciences, drug discovery and diagnostics through the miniaturization and improved automation of bioassays.

Rainist

Series C in 2019
Rainist Co., Ltd. is a South Korean financial technology company founded in 2012 and based in Seoul. The company develops a financial application known as BankSalad, which collects and analyzes users' financial data to provide recommendations for expenditure analysis and personal financial management. BankSalad also offers tailored suggestions for financial products, such as credit cards, based on users' spending patterns. Through these services, Rainist aims to enhance individuals' financial decision-making and improve their overall financial well-being.

Ground

Series B in 2019
GROUND Inc. is a logistics technology company based in Tokyo, Japan, founded in 2015. It specializes in developing a cloud-based logistics platform that leverages advanced technologies, including artificial intelligence and robotics, to enhance efficiency in the logistics and distribution industry. The company aims to transform logistics operations through its original concept of Intelligent Logistics®, which focuses on innovative solutions designed to meet the dynamic needs of logistics organizations. By providing AI-driven robots that perform various tasks, GROUND enables businesses to adapt to fluctuating customer demands effectively, thus positioning itself as a key player in the evolving logistics landscape.

Orum Therapeutics

Series B in 2019
ORUM THERAPEUTICS, INC. engages in the research and development of therapeutic antibodies using cell penetrating antibody platform. Its platform targets specific cell types and adapts to different cell types and different intracellular proteins without chemical modifications. The company develops products for treatment of genetic diseases and cancer. ORUM THERAPEUTICS, INC. was founded in 2016 and is based in Daejeon, South Korea.

Riiid

Series C in 2019
Riiid, established in 2014, is a leading provider of AI tutor solutions that aims to transform the education market through innovative AI technology. The company launched its first commercial product, Santa TOEIC, in 2017, which utilizes a deep learning algorithm and has attracted over one million users in South Korea, demonstrating significant effectiveness. Riiid's AI solutions are designed to replace traditional textbooks and lectures, offering personalized tutoring that surpasses the performance of human tutors while being cost-effective. The company operates Santa TOEIC in Japan and has introduced Santa SAT in Vietnam, with plans for further expansion into new testing areas and geographical markets. By providing adaptive assessment platforms that deliver personalized feedback and targeted learning resources, Riiid empowers students to identify their strengths and weaknesses, track their progress, and achieve their educational goals. Through its efforts, Riiid is driving the democratization of education and reshaping the learning landscape.

Soomgo

Series B in 2019
Soomgo is service marketplace where customers and local professionals for over 950+ services come together. Their services range from private music lessons and home cleaning to wedding planning and web development among many more. Their team consists of seasoned serial entrepreneurs, and the company is backed by leading institutions in both South Korea and the United States including Primer, Bon Angels, and Y Combinator (W17).

SecuLetter

Venture Round in 2019
SecuLetter Co., Ltd. is a South Korean company that specializes in developing and marketing cybersecurity solutions aimed at detecting and mitigating unknown cyber threats. Founded in 2015 and based in Seongnam-si, the company offers advanced products such as SecuLetter Email, which protects against email-based attacks using malicious code, and SecuLetter FileServer, designed to secure file servers against threats from malicious attachments. SecuLetter employs a hybrid approach that combines static and dynamic analyses to effectively identify and counteract sophisticated cyber attacks, including malware and phishing attempts. The company focuses on various sectors, including email security, data transmission, web service security, document centralization, and cloud security, providing comprehensive protection against evolving cyber threats.

MyRealTrip

Venture Round in 2019
MyRealTrip is leading tours&activities marketplace in South Korea. MyRealTrip is the best free travel platform in Korea where you can book flights, accommodations, tours & tickets, and special offers. Starting with guided tour service in 2012, it has been growing rapidly since it successfully launched air service in 2018. MyRealTrip is constantly striving to provide travelers with a personalized experience and provide them with a more valuable experience.

APR

Venture Round in 2019
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.

Amondz

Series A in 2019
Amondz is a jewelry e-commerce platform designed to enhance the domestic jewelry market by connecting buyers and sellers. The platform offers quick access to a comprehensive production list and provides price quotations for consumers. Additionally, it emphasizes personalized customer support and consultation for sellers, facilitating a seamless interaction between both parties. By creating a reliable network of trustworthy sellers, Amondz aims to increase revenue opportunities for its clients while streamlining the purchasing process for consumers.

MEATBOX

Series C in 2018
Operator of an online direct trading platform intended to sell meat products. The company's platform offers a range of livestock directly from the suppliers, enabling buyers to source packed, tested and fresh meat at affordable rates.

Gentle Monster

Venture Round in 2018
Gentle Monster operates as a luxury eyewear brand, operating under a unique philosophy and perspective, devoted towards a vision of “weird beauty” through “High-end experimentation”.

OliPass

Venture Round in 2018
OliPass Corporation is a biotechnology company based in Yongin, South Korea, founded in 2006. The company specializes in developing therapeutic products using its proprietary PNA-based technologies. OliPass focuses on its innovative platform, which introduces cationic lipid moieties onto nucleobases. The company's product pipeline includes treatments for various conditions such as hypercholesterolemia, chemotherapy and radiotherapy sensitization, and Type II diabetes, among others.

EuBiologics

Venture Round in 2018
EuBiologics Co., Ltd. is a South Korean biopharmaceutical company focused on developing and supplying vaccines aimed at addressing epidemics and antibiotic resistance. The company offers several products, including Euvchol, an oral cholera prevention vaccine, and CRM197, a diphtheria toxin mutant vaccine. In addition to its vaccine portfolio, EuBiologics provides a range of customized services related to biopharmaceutical development, encompassing mammalian and microbial cell-derived products. These services include cell line development, GMP production, validation, and regulatory support. The company also specializes in manufacturing recombinant biological products and antibody therapeutics, along with offering process, formulation, and analytical method development. Furthermore, EuBiologics provides contract testing services, which cover lot release, stability, raw material, and method validation testing. Founded in 2010 and headquartered in Seoul, EuBiologics aims to contribute to global public health through its innovative solutions.

Kmong

Series B in 2018
Kmong Inc. operates an online marketplace in South Korea that connects freelancers with clients seeking various services. Established in June 2012, the platform features a wide range of categories, including design, IT, marketing, consulting, translation, writing, and more niche services like fortune-telling and handmade goods. Users can list their services along with price quotes, allowing potential buyers to browse and select offerings that meet their needs. Kmong has expanded its accessibility through a mobile application available on Android devices, further enhancing its reach in the freelance market. Based in Seoul, the company has established itself as a significant player in the growing gig economy.

CARVI

Venture Round in 2018
CARVI offers distinct solutions in the field of mobility Insurtech. Their precise analysis of the driver's future accident probability and current driving habits is the most effective method of reducing car accidents.

Big Hit Music

Corporate Round in 2018
is a South Korean entertainment company established in 2005 by Bang Si-hyuk. It currently manages soloist Lee Hyun and idol group BTS.

Hutom

Series A in 2018
Operator of a surgical data platform intended to improve diagnosis through digital innovation. The company's platform specializes in robotics and laparoscopic surgery, analytical diagnosis, and a simulated examination of the surgery and provides 3D anatomical images and AI-based surgical analysis reports, enabling medical professionals to manage patient complications more efficiently.

Day1 Company

Series A in 2018
Day 1 Company (formerly Fast Campus) is Korea’s fastest-growing Life-Changing Education startup.

OHouse

Series A in 2018
O-House is a home furnishing and interior platform. The company believes that beautiful homes can change peoples' lives for the better. Its mission is to help users decorate homes with fun, ease, and confidence. O-House revolutionizes the home furnishing and remodeling market in Korea with its user-generated style gallery, which helps users discover their preferred styles before purchasing products. On top of the marketplace for home furnishing products, it provides home remodeling services. O-House won the Best App Award by Google Play in 2018, and its app is downloaded by more than 10 million users.

StyleShare

Series C in 2018
StyleShare Inc. is a South Korean company established in 2011 that operates a mobile and web application focused on fashion, beauty, and lifestyle. The platform allows users to share and receive real-time updates regarding the latest trends in these areas. With millions of users from 120 countries, StyleShare has emerged as a leading mobile platform for daily fashion and beauty enthusiasts. The application has gained significant recognition within the industry, being highlighted by prominent publications such as VOGUE, Instyle, and Elle Japan, affirming its status as a top choice for users interested in fashion and lifestyle sharing.

Cellid

Venture Round in 2018
Cellid, Inc. is a bioventure company based in Seoul, South Korea, focused on the research and development of immunotherapeutic vaccines for cancer and infectious diseases. The company is advancing several vaccine candidates, including BVAC-C for cervical, head and neck cancers associated with human papilloma virus, BVAC-B for gastric, ovarian, lung, and pancreatic cancers targeting the HER-2/neu antigen, and BVAC-P for prostate and urinary tract cancers utilizing PAP/PSMA antigens. Additionally, Cellid is developing BVAC-M for melanoma and BVAC-Neo, a customized immunotherapeutic vaccine designed from a patient's own cells. Founded in 2006, Cellid aims to create personalized treatment options that leverage the patient's immune system to combat various types of cancer.

MyRealTrip

Series C in 2017
MyRealTrip is leading tours&activities marketplace in South Korea. MyRealTrip is the best free travel platform in Korea where you can book flights, accommodations, tours & tickets, and special offers. Starting with guided tour service in 2012, it has been growing rapidly since it successfully launched air service in 2018. MyRealTrip is constantly striving to provide travelers with a personalized experience and provide them with a more valuable experience.

Glowdayz

Series B in 2017
Glowdayz, Inc. is a South Korean IT company established in 2013 that focuses on mobile application development for the cosmetics and real estate sectors. The company has launched two primary products: Glowmee and Brokery. Glowmee is a mobile beauty curation service that delivers content related to beauty and cosmetics, offering users insights on the latest products, reviews, and recommendations from popular brands. It also provides additional features such as magazines and beauty box subscriptions. Brokery, on the other hand, serves the real estate market by informing users about available accommodations and connecting them with local brokers. Glowdayz aims to provide genuine, user-driven information that assists consumers in making informed cosmetic purchasing decisions.

Bridge Biotherapeutics

Venture Round in 2017
Bridge Biotherapeutics, Inc. is a clinical-stage biotech company based in Seongnam, Korea, focused on developing therapeutics for ulcerative colitis, fibrotic diseases, and cancers. The company's pipeline includes BBT-401, a Pellino-1 inhibitor currently undergoing Phase I clinical trials for ulcerative colitis, and BBT-877, an autotaxin inhibitor in Phase I trials aimed at treating various fibrotic diseases, including idiopathic pulmonary fibrosis. Founded in 2015, Bridge Biotherapeutics also collaborates with Atomwise to utilize structure-based AI technology for drug discovery across multiple therapeutic areas.

StyleShare

Venture Round in 2016
StyleShare Inc. is a South Korean company established in 2011 that operates a mobile and web application focused on fashion, beauty, and lifestyle. The platform allows users to share and receive real-time updates regarding the latest trends in these areas. With millions of users from 120 countries, StyleShare has emerged as a leading mobile platform for daily fashion and beauty enthusiasts. The application has gained significant recognition within the industry, being highlighted by prominent publications such as VOGUE, Instyle, and Elle Japan, affirming its status as a top choice for users interested in fashion and lifestyle sharing.

MyRealTrip

Venture Round in 2016
MyRealTrip is leading tours&activities marketplace in South Korea. MyRealTrip is the best free travel platform in Korea where you can book flights, accommodations, tours & tickets, and special offers. Starting with guided tour service in 2012, it has been growing rapidly since it successfully launched air service in 2018. MyRealTrip is constantly striving to provide travelers with a personalized experience and provide them with a more valuable experience.

Madup

Venture Round in 2016
Madup specializes in mobile app marketing services, focusing on optimizing advertising efficiency for startups and small to medium-sized businesses. The company provides a range of services, including app marketing consulting, platform management, and advertisement planning. Utilizing data from tracking tools, Madup implements various marketing strategies such as reward marketing, cost-per-install (CPI), cost-per-action (CPA), and cost-per-thousand impressions (CPM) to enhance the effectiveness of clients' advertising efforts. By collaborating with major companies across diverse sectors, including commerce, real estate, and education, Madup aims to address the digital marketing challenges faced by its clients. The company is committed to employing innovative, ad tech-based performance marketing techniques to maximize the marketing value for its clients, while continually adapting to trends and revenue models in the mobile app market.

Krafton

Venture Round in 2016
Krafton is a game developer for PC and mobile devices that focuses on fantasy games.

TimeTree

Seed Round in 2016
TimeTree, Inc., founded in 2014 and based in Shinjuku, Japan, develops a calendar-sharing application aimed at helping families and groups manage their schedules effectively. The application allows users to share calendars with various groups, facilitating communication and collaboration among family members, partners, friends, and colleagues. Users can coordinate events through a single calendar while having the option to create multiple calendars. Additionally, the platform enables users to post schedule messages and photos via links and email, making it easier to accommodate events based on individual interests and availability. TimeTree's focus is on organizing busy lives and fostering connections through shared scheduling.

ABL Bio

Series A in 2016
ABL Bio Inc. is a biotechnology research company based in Seongnam, South Korea, dedicated to the development of therapeutic drugs targeting immuno-oncology and neurodegenerative diseases. The company's drug pipeline includes ABL001, an innovative cancer immunotherapy, as well as antibody-drug conjugates (ADCs) and ABL301. ABL Bio aims to improve patient lives through collaboration and innovation, focusing on novel therapies that address significant medical needs in these challenging disease areas.

Backpackr

Venture Round in 2016
Backpackr Inc. is a software development company based in Seoul, South Korea, established in 2012. The company specializes in creating mobile applications for Apple devices, providing a diverse suite of tools designed to enhance user experiences. Among its offerings are applications such as Good Sleep, which aids users in achieving restful sleep; Quick Search, a streamlined search solution; and Quick Message +, a messaging application. Additionally, Backpackr develops Quick Dial + for comprehensive communication needs, Smart Photo Organizer for managing and categorizing media, Star Wallpapers for personalized wallpaper creation, and Ringtones Plus+ for customizing ringtones. Furthermore, Backpackr operates an online app store, allowing users to purchase a variety of smartphone applications.

OHouse

Seed Round in 2016
O-House is a home furnishing and interior platform. The company believes that beautiful homes can change peoples' lives for the better. Its mission is to help users decorate homes with fun, ease, and confidence. O-House revolutionizes the home furnishing and remodeling market in Korea with its user-generated style gallery, which helps users discover their preferred styles before purchasing products. On top of the marketplace for home furnishing products, it provides home remodeling services. O-House won the Best App Award by Google Play in 2018, and its app is downloaded by more than 10 million users.

Genome

Venture Round in 2016
Genome & Company engages in researching and developing dietary supplements, cosmeceuticals, and new drugs utilizing microbiome. It is involved in studying microbes and probiotics, which can be applied to obesity, diabetes, acne, atopic dermatitis, and cancer related therapies. The company is based in Seongnam, South Korea.

ICM

Venture Round in 2016
Developer of gene therapy designed for the evolution of advanced biopharmaceuticals for the treatment of degenerative diseases. The company's therapy creates biopharmaceuticals for degenerative arthritis therapeutic composition and bone growth plate disorders, enabling patients to get rid of joint pains and restore a safe and healthy life.

Pearl Abyss

Venture Round in 2016
Pearl Abyss is the developer of Black Desert Online, the Next-Gen Sandbox MMORPG. Located near Seoul, South Korea, Pearl Abyss is currently a home to one of the most talented and experienced people in gaming industry.

WeMakePrice

Venture Round in 2015
Wemakeprice Inc. is a South Korean social commerce platform that specializes in e-commerce and internet marketing services. Founded in May 2010 and based in Seoul, the company operates the online shopping site wemakeprice.com, providing a variety of products and services to consumers. Originally established as Namu Internet Inc., the company rebranded to Wemakeprice Inc. in 2013. It focuses on leveraging social commerce to enhance consumer engagement and streamline online shopping experiences.

KOKOMO Games

Series A in 2015
KoKomo is comprised of experienced team members who have successfully developed, launched and operated various online games including “Lineage2“, the first 3D MMORPG in Korea which has been loved by many users for more than 10 years, and NCSoft’s flagship MMO title “Blade&Soul“. Contrary to today’s trend in the game market which is inclined towards TCG and other midcore RPG games, KoKoMo would like to focus on hardcore RPG genre which remains as blue ocean. They are aiming to develop a flagship mobile MMORPG game that can also target gamers in Asia, who have similar characteristics and interests to gamers in Korea.

The Beatpacking Company

Series B in 2015
The Beatpacking Company is a prominent provider of ad-supported music streaming services in South Korea, operating through its application called BEAT. This platform offers a social mobile music streaming experience, allowing users to enjoy a diverse range of music tailored to their specific genre preferences. By focusing on mobile devices and smartphones, The Beatpacking Company caters to the growing demand for accessible music streaming, positioning itself as a leader in the South Korean market.

Qualson

Series A in 2014
Qualson Inc. develops mobile language learning services. Founded in June 2012, the company has succeeded in receiving funding from Samsung SDS, POSCO Capital, Softbank, Capstone, and DSC. As of May 2014, Qualson was operating four B2B services including: Should, AppTeacher, Daily Smartphone Writing, and POSCO TOEIC Speaking. Qualson also runs a B2C service named Talk2Me. Each mobile application provides different forms of services, but they share a common goal, which is to help people study English anytime and anywhere. With its B2B and B2C products, Qualson Inc. strives to expand its scopes to the global market as one of the leading companies in the mobile learning industry.

Krafton

Venture Round in 2014
Krafton is a game developer for PC and mobile devices that focuses on fantasy games.

Hellomarket

Series A in 2014
HelloMarket allows anyone (mostly in Korea atm) to buy, sell, and exchange their goods and services to anyone else. Beyond making everything much easier than what it was like on a desktop, we are winning the highly developed and sophisticated Korean market by: 1) Focusing on maintaining a clean marketplace not dominated by professional sellers, spam, and fraudsters 2) Going beyond face-to-face transactions by enabling in-app shipping and secure escrow payments 3) Being all-around awesome

Woowa Bros

Series C in 2014
WOOWA BROS (우아한형제들) is a Korean developer of smartphone applications and advertising platforms. Its service portfolio also includes local marketing and web services solutions and products, such as a sports events app and a food delivery app. WOOWA BROS was established in March 2011 in Seoul, Korea.
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