Ubix Therapeutics
Series C in 2024
Ubix Therapeutics, Inc. is a research and development company based in Seoul, South Korea, focused on the development of anti-cancer drugs utilizing a proprietary proteolysis targeting chimera platform. The company employs advanced inhibitor technology that degrades specific target proteins within cells, aiming to enhance therapeutic efficacy for various cancers. By binding to proteins associated with disease, Ubix Therapeutics seeks to provide life-saving medications for patients, thereby supporting both patients and medical professionals in the fight against cancer.
SSenStone
Venture Round in 2024
SSenStone Inc., founded in November 2015 and based in Seoul, South Korea, specializes in developing security and authentication solutions aimed at enhancing user privacy and transaction safety. The company offers a range of products including StonePASS, an integrated user authentication system certified by FIDO, StoneAUTH, a user random code login solution, and VOTC, a credit card designed to prevent fraud during transactions. Additionally, SSenStone provides Digital e-ID services to further secure online identities. The company's innovations focus on creating a safer and more convenient user experience in both digital authentication and payment processes.
The company is a spin-off from Asan Medical Center, University of Ulsan University, with a primary objective of developing therapeutic and diagnostic agents for neurological diseases, particularly Alzheimer's disease.
In 2016, the company took significant steps toward formalizing its presence in the market by completing its incorporation and business registration processes.
The year 2017 proved to be a milestone for the company as it obtained certification as a corporate-affiliated research institute, solidifying its position as a reputable research-driven organization. Additionally, it garnered recognition as a leading university start-up by the Ministry of SMEs and Startups, further boosting its credibility and potential for growth.
The company has collaborated with Oscotech Co., Ltd. and partnered with various investors, including Kite Entrepreneurship Foundation, Stone Bridge Ventures Co., Ltd., Korea Development Bank, and Stick Ventures Co., Ltd., to jointly develop their projects.
bitsensing
Series B in 2024
bitsensing develops radar-based products and solutions for smart cities, automotive sensing, and autonomous driving, offering Traffic Radar to monitor real-time traffic metrics such as vehicle numbers and speed; Virtual Fence for real-time intrusion detection without a physical fence; and 4D Imaging Radar for autonomous driving. Founded in 2018 and based in Seoul, the company applies high-performance automotive-grade radar across applications including autonomous driving, connected living, smart cities, and health tech, enabling AI-powered radar sensing to create reliable, convenient environments and smart living.
T'order is an information technology company specializing in tablet ordering and advertising platforms for food and beverage brands. As a market leader in tablet-based ordering systems, T'order has deployed over 250,000 tablets, engaging more than 25 million monthly active users. The company's innovative digital solutions go beyond standard digital menus, providing a comprehensive platform that enhances customer experiences and creates targeted advertising opportunities. T'order effectively transforms customer interaction data into actionable insights, fostering mutually beneficial relationships between establishments and their guests. With a strong presence established in South Korea, T'order is actively expanding its operations internationally, leveraging its advanced technology and data-driven approach to drive the digital transformation of the F&B industry. The company’s products include a unique glass panel design instead of conventional plastic touch panels, offering superior performance while helping clients reduce monthly operating costs.
DESILO
Venture Round in 2024
Desilo Inc. is a technology company based in Seoul, South Korea, that specializes in developing machine learning solutions leveraging homomorphic encryption. This innovative technology allows data to be processed while remaining encrypted, ensuring that sensitive information is not disclosed. Desilo aims to create a secure data collaboration platform that promotes a safe and unrestricted data ecosystem. By prioritizing data privacy and regulatory compliance, the company provides tools for digital property protection and safeguards against potential security breaches and data leakage. Ultimately, Desilo enables data analysts to explore new opportunities in data-oriented businesses without compromising the integrity and confidentiality of the data they handle.
ImpriMed, Inc. is a biotechnology company focused on providing personalized drug response prediction services for veterinary oncology. Established in 2017 and headquartered in Palo Alto, California, with an additional office in Seoul, South Korea, the company specializes in analyzing the drug responses of live cancer cells from pets, particularly in cases of lymphoma. By collecting genetic and cellular information from these cancer cells, ImpriMed develops precision medicine techniques that assist veterinary oncologists in selecting the most effective anticancer treatments for individual pets. This patient-derived database not only enhances treatment decisions for animals but also has the potential to translate insights into human oncology, ultimately aiding in the development of tailored cancer therapies for humans.
Autonomous a2z
Series B in 2023
Autonomous a2z is a Korea-based developer of AI-driven autonomous driving solutions and related services. Its technology covers perception of surrounding conditions, planning of driving strategies, and automatic vehicle control, and it operates as a driving mobility platform offering autonomous driving services with judgment, recognition, and control capabilities. The company supports testing and commercialization of self-driving technology for vehicles including specialized trucks and tractors. Founded in 2018, Autonomous a2z is headquartered in Gyeongsan-si with additional offices in Anyang-si and Sejong City, South Korea.
Sky Labs is a technology company focused on developing innovative wearable devices for health monitoring, particularly a cuffless ring-type blood pressure monitor and a device known as the Cardio Tracker (CART). The CART is designed for continuous monitoring of atrial fibrillation, a common and often undiagnosed heart condition affecting many individuals over 40. This device can be worn comfortably on any finger and is both waterproof and dustproof, allowing users to wear it throughout their daily activities without interruption. It operates without user intervention, automatically detecting and recording atrial fibrillation, which users can track via a smartphone application. The device aims not only to assist individuals in managing their heart health but also to provide valuable data to healthcare professionals for accurate diagnosis. Sky Labs is currently conducting clinical trials in collaboration with Seoul National University Hospital to validate the performance of its technology, with an initial focus on the atrial fibrillation patient market in Finland, and an extended target market of millions worldwide. The company is also partnering with Bayer to explore further healthcare innovations.
MangoBoost
Series A in 2023
Founded in 2022, MangoBoost specializes in advanced system solutions that maximize AI data center efficiency. Its flagship product, the MangoBoost DPU, ensures full compatibility with commodity GPUs and storage products while facilitating effective utilization of legacy infrastructure. With a team comprising over 80 experienced engineers, many holding PhDs from top research institutions, MangoBoost aims to provide cost-efficient, standards-based AI infrastructure.
Root Energy
Series A in 2023
Root Energy Inc. is a renewable energy investment platform based in Seoul, South Korea, incorporated in 2014. The company operates a crowdfunding platform that connects individuals and investors with opportunities to fund the construction and operation of renewable energy power plants. Root Energy facilitates the development of various energy generation systems, including solar, wind, and energy storage, by linking generators with suitable hosts for installation. In addition to its crowdfunding services, the company also offers construction management and power brokerage services, enabling residents and investors to participate in the renewable energy sector and benefit from sustainable energy solutions.
Toss is a South Korea-based mobile financial service platform developed by the fintech startup Viva Republica, established in 2011 by Seunggun Lee in Seoul. The platform offers a range of services aimed at simplifying financial management for users, including peer-to-peer money transfers, credit score management, and bank account oversight. Additionally, Toss provides access to loan and insurance plans, facilitates bill splitting, and supports QR payments. These features collectively enable users to handle their financial needs efficiently and conveniently.
THE PIRATES
Series C in 2022
The Pirates Co., Ltd. specializes in the development and operation of a mobile application that serves both wholesale and retail markets for seafood products. Established in 2018 and headquartered in Seoul, South Korea, the company also operates an aquatic market news platform that delivers information on fresh seafood offerings. This platform connects consumers with suppliers, providing essential insights into the quality of marine products and facilitating informed purchasing decisions. Through its innovative approach, The Pirates aims to enhance the seafood purchasing experience by bridging the gap between consumers and the fish market.
Hodoo Labs
Series B in 2022
Hodoo Labs develops educational games, notably 'Hodoo English', a quest-based MMORPG designed to improve spoken English skills. It employs speech recognition technology and immersive gameplay, featuring over 300 non-player characters for meaningful conversations.
Anipen is a Korean company focused on developing 3D content and augmented reality applications tailored for short video platforms and video games. The firm utilizes advanced augmented reality and deep learning technologies to create engaging content, including AR web TV shows, promotional videos for social media, and animated clips optimized for mobile devices. By providing these innovative solutions, Anipen enables enterprises to enhance their video communication and entertainment offerings, thereby promoting their products effectively in a competitive digital landscape.
SuperBin Co., founded in 2015 and headquartered in Seongnam-si, South Korea, specializes in the development of Nephron, an advanced circular resources collection robot. This innovative robot employs artificial intelligence to autonomously identify, sort, collect, and process waste materials, specifically targeting plastics and aluminum cans. SuperBin aims to foster a culture of recycling and sustainable growth by incentivizing users with financial rewards for their recycling efforts. Through its technology, the company seeks to promote the value of circulating resources and encourage a collective commitment to environmental responsibility.
Brandi
Venture Round in 2022
Brandi is a vertical commerce company founded in 2014 and headquartered in Seoul, South Korea. It operates a retail platform specializing in the fashion and beauty sectors, providing both B2C and B2B shopping experiences. Brandi offers a diverse range of products, including clothing, cosmetics, and home interior items. The company focuses on creating a connected ecosystem that links manufacturers, wholesalers, and consumers, thereby aiding young individuals in engaging with current fashion trends. Through its platform, Brandi aims to make various clothing brands accessible to customers at affordable prices.
Anipen is a Korean company focused on developing 3D content and augmented reality applications tailored for short video platforms and video games. The firm utilizes advanced augmented reality and deep learning technologies to create engaging content, including AR web TV shows, promotional videos for social media, and animated clips optimized for mobile devices. By providing these innovative solutions, Anipen enables enterprises to enhance their video communication and entertainment offerings, thereby promoting their products effectively in a competitive digital landscape.
Brandi
Venture Round in 2022
Brandi is a vertical commerce company founded in 2014 and headquartered in Seoul, South Korea. It operates a retail platform specializing in the fashion and beauty sectors, providing both B2C and B2B shopping experiences. Brandi offers a diverse range of products, including clothing, cosmetics, and home interior items. The company focuses on creating a connected ecosystem that links manufacturers, wholesalers, and consumers, thereby aiding young individuals in engaging with current fashion trends. Through its platform, Brandi aims to make various clothing brands accessible to customers at affordable prices.
Cardoc Inc. is a South Korean company founded in 2013 that specializes in automotive repair services through a mobile application. The app allows users to upload photographs of their vehicle's exterior damage, facilitating real-time quotations, consultations, and repair options from selected car body shops. Users can receive their first estimate within an average of seven minutes and compare multiple estimates without the need to register personal information. Cardoc has demonstrated significant growth, with registered stores experiencing monthly increases of 30-100%. The company also offers additional vehicle management services, including car inspections, washes, and renewal services, which can be reserved online or at car centers. The founding team comprises automotive enthusiasts who have benefited from support from a startup incubation organization.
Genesis Lab
Series B in 2022
Genesis Lab, Inc. is a technology company based in Seoul, South Korea, founded in 2017, specializing in the development of artificial intelligence behavior analysis engines. The company offers a range of innovative products, including Viewinter.ai, a non-verbal behavior analysis tool designed to assist job seekers in training for video interviews. Additionally, Genesis Lab provides Genesis Drive, a solution that monitors driver drowsiness and distractions while detecting the emotions and behaviors of both drivers and passengers to enhance interactions and services. The Genesis Emotion AI SDK/API allows various industries to implement emotion recognition technology into their applications. The company also develops mobile applications, such as OREO, which humorously analyzes emotions, age, and gender from photos, and EMO, a gaming app that enables users to express emotions through facial mimicry. Overall, Genesis Lab aims to improve human-machine communication through its advanced AI technologies.
Zigbang
Venture Round in 2022
Founded in Seoul, South Korea in 2010, Zigbang operates a property listing platform and application that connects real estate agents with renters. It offers an apartment hunting service, enabling users to search for rental properties based on criteria such as number of rooms, occupants, and price.
SuperBin
Venture Round in 2022
SuperBin Co., founded in 2015 and headquartered in Seongnam-si, South Korea, specializes in the development of Nephron, an advanced circular resources collection robot. This innovative robot employs artificial intelligence to autonomously identify, sort, collect, and process waste materials, specifically targeting plastics and aluminum cans. SuperBin aims to foster a culture of recycling and sustainable growth by incentivizing users with financial rewards for their recycling efforts. Through its technology, the company seeks to promote the value of circulating resources and encourage a collective commitment to environmental responsibility.
MONITORAPP
Private Equity Round in 2022
MONITORAPP is a security solution vendor specializing in the research and development of application acceleration and application security technologies. The company offers a range of B2B security products, including the Application Insight Web Application Firewall, Application Insight Secure Web Gateway, and Application Insight SSL Visibility Appliance, all of which are built on MONITORAPP's proprietary operating system. Their flagship product, the Application Insight WAF, is widely utilized by companies and public institutions in South Korea and is gaining traction in international markets such as Japan and China. To ensure comprehensive database protection, MONITORAPP has developed the Application Insight DFW, a database security gateway that integrates seamlessly with the WAF. Additionally, MONITORAPP provides Security-as-a-Service through its AIONCLOUD platform, which offers centralized security management, threat detection, and secure internet access. AIONCLOUD enhances security and performance across various environments, including data centers and multi-cloud setups, using high-performance proxy technology and a containerized cloud architecture. The company’s solutions are designed to safeguard internet traffic and applications while delivering ease of use and agility in cloud environments.
RIDI
Private Equity Round in 2022
RIDI Corporation is South Korea’s one of the largest digital content publication & distribution companies, mainly known for vitalizing the Korean e-book industry as well as empowering the web novel, webcomic, animation, articles, and news media. RIDI believes that rich imagination and deep insight serve as nutrients to make the human mind fertile and delivers them through its digital contents.
Founded in 2018, MORAI specializes in developing simulation platforms for autonomous vehicle testing. Its core offering is a three-dimensional virtual environment that mirrors real-world road conditions, enabling the testing and enhancement of autonomous driving algorithms. The company also provides datasets to support advanced algorithms.
Datarize provides marketing automation solutions for ecommerce, enabling real-time engagement with website visitors through action banners and proactive messages for users who have not yet visited. The company uses data-driven SaaS capabilities to profile customer behavior and automate targeted marketing campaigns, turning complex data analysis into actionable steps to improve engagement and business outcomes. Founded in 2019 and based in Seoul, the firm focuses on helping merchants optimize campaigns across channels through real-time personalization and scenario-based messaging.
Dealicious
Series C in 2022
Dealicious operates as an online marketplace designed to connect fashion wholesalers and retailers on a global scale. By facilitating direct access to a vast selection of quality merchandise, including clothing, bags, shoes, and accessories, Dealicious streamlines the wholesale purchasing process. The platform primarily focuses on the Dongdaemun fashion district in South Korea, renowned for its concentration of fashion manufacturing and distribution within a compact area. With approximately 11,000 registered wholesale stores, Dealicious enables retailers to browse and order from a diverse array of items, with 24,000 new products added daily. This approach eliminates the need for retailers to visit physical markets, allowing them to save valuable time and resources. Dealicious is committed to enhancing the user experience by continuously developing customer-centric services that ensure seamless access to high-quality products in the Korean fashion market.
42Maru, Inc. is a South Korean technology company established in 2015, specializing in the development of advanced search engine technology designed for artificial intelligence applications. The firm focuses on creating a deep learning-based question-answering system that accurately interprets user intent and provides precise answers in real-time. Its technology encompasses various domains, including information retrieval, machine reading comprehension, and natural language processing, making it applicable across multiple sectors such as smart speakers, connected cars, chatbots, and home automation devices. 42Maru stands out in the market due to its high accuracy, efficient knowledge base expansion, and low operational costs. The company aims to penetrate the consumer market through strategic B2B2C alliances while supporting multiple languages for global expansion. With a team of experts led by a CEO with over 20 years of industry experience, 42Maru has formed partnerships with major telecommunications companies and financial institutions, positioning itself at the forefront of the emerging AI-driven search paradigm.
Organoid Sciences
Series B in 2021
Organoid Sciences is a biotechnology company founded in 2018 and located in Seongnam-si, South Korea. The company specializes in developing organoid-based therapies using its proprietary Keo cannabinoid technology to address various incurable diseases. In addition to drug development, Organoid Sciences provides drug screening services and focuses on regenerative medicine, aiming to advance treatment options through innovative approaches.
Founded in 2012, Wadiz is a South Korean crowdfunding platform headquartered in Seongnam. It facilitates venture capital, equity, and product crowdfunding across various industries.
Brandi is a vertical commerce company founded in 2014 and headquartered in Seoul, South Korea. It operates a retail platform specializing in the fashion and beauty sectors, providing both B2C and B2B shopping experiences. Brandi offers a diverse range of products, including clothing, cosmetics, and home interior items. The company focuses on creating a connected ecosystem that links manufacturers, wholesalers, and consumers, thereby aiding young individuals in engaging with current fashion trends. Through its platform, Brandi aims to make various clothing brands accessible to customers at affordable prices.
Rocket Punch
Series B in 2021
Rocket Punch (로켓펀치) is a Korean digital marketing team that provides planning and designing services.
Fount Inc. is an asset management Robo-Advisor company that was founded in 2015 and is headquartered in Seoul, South Korea. The firm specializes in providing customized financial portfolios through its investing algorithm, which leverages Big Data technology and advanced computer algorithms. Fount's Robo-Advisor engine, Bluewhale, determines the optimal combination of assets by integrating financial engineering technology with asset allocation theories. The company's approach emphasizes passive investing, aiming to align investment strategies with clients' goals and risk tolerances over various time horizons. By utilizing AI technology, Fount enables clients to effectively monitor financial markets and adjust their asset allocations in response to market changes.
Mom-sitter
Series B in 2021
Mom-sitter is a childcare platform based in Seoul, Korea, that connects parents with caregivers for children aged 0 to 13 years. The platform allows parents to find babysitters by providing detailed information about caregivers, including their specialties and legal backgrounds. This service aims to assure parents of the trustworthiness and qualifications of the caregivers, facilitating ideal matches between families and babysitting professionals. By focusing on the specific needs of both parties, Mom-sitter enhances the childcare experience for parents seeking reliable and skilled babysitting services.
Dohands Corporation
Series B in 2021
Dohands Corporation offers logistics and fulfillment technology tailored to e‑commerce businesses. The company manages overseas shipping, inventory control, and short‑term delivery, and provides alternatives to crowdfunding, pre‑orders, and promotional shipping. Its services aim to reduce costs and simplify the transport and delivery process for online sellers. Founded in 2013, the firm is headquartered in Seoul, South Korea.
Plasmapp
Venture Round in 2021
Plasmapp Co. Ltd. is a South Korean company that specializes in plasma engineering technology, focusing on the development of innovative solutions for sterilization and disinfection. Founded in 2015 and based in Daejeon, the company has created a range of products, including PMPS, a multi-purpose atmospheric plasma system designed for producing plasma-treated water and sterilizing medical devices. Additionally, Plasmapp has introduced STERPACK, a novel plasma sterilizer for medical tools, and PNCM, an in-situ NOx concentration monitoring system. The company leverages advanced plasma technologies, originally developed at KAIST, to provide state-of-the-art systems for various applications, including the unique plasma curing technology for processed meat. Plasmapp aims to be a key partner in delivering effective engineering solutions tailored to meet diverse industry needs.
SodaGift
Venture Round in 2021
SodaGift is an international gifting service platform that simplifies cross-border gift giving. It offers a seamless user experience and supports multiple languages, enabling users to send gifts from popular brands in the US, South Korea, and Canada to recipients worldwide.
Orum Therapeutics
Series B in 2021
Orum Therapeutics is a biotechnology company developing therapeutic antibodies using its proprietary cell-penetrating antibody platform. This platform targets specific intracellular proteins for treating genetic diseases and cancer, adapting to different cell types without chemical modifications.
Toss is a South Korea-based mobile financial service platform developed by the fintech startup Viva Republica, established in 2011 by Seunggun Lee in Seoul. The platform offers a range of services aimed at simplifying financial management for users, including peer-to-peer money transfers, credit score management, and bank account oversight. Additionally, Toss provides access to loan and insurance plans, facilitates bill splitting, and supports QR payments. These features collectively enable users to handle their financial needs efficiently and conveniently.
Musicow, Inc. is a company based in Seoul, South Korea, that operates an online platform facilitating the investment in music copyrights. Founded in 2017, Musicow allows musical artists to share their copyright with fans, enabling fans to invest in K-Pop songs through a public auction or an online marketplace. The platform offers users the ability to buy and sell fractional ownership of music rights, thereby creating opportunities for fans and investors to earn royalties based on the streaming and usage of the songs. Additionally, Musicow features a secondary marketplace for music copyright trading and project financing, enhancing participation in the music industry and allowing for potential returns on investments.
DEEPX is a Korean software and hardware company specializing in artificial intelligence solutions. It develops next-generation neural networks that enhance AI silicon for deep learning applications. By focusing on the core properties of neural networks, DEEPX maximizes memory bandwidth, enabling edge devices to efficiently run advanced AI models. This technology allows companies to implement power-efficient on-device AI, promoting sustainable operations in various applications.
Logispot provides a digital logistics and freight transport platform that aims to streamline the fragmented cargo market. The platform offers integrated transport management, inbound and outbound logistics, and interoperability with customers' internal systems to enable efficient, hassle-free transportation of goods and services. Founded in 2016 and based in Seoul, South Korea, Logispot focuses on simplifying logistics for businesses through its systematic tooling and networked operations.
Kmong Inc. is a South Korean company that operates a freelance and micro-job marketplace, facilitating the exchange of services between individuals. Established in June 2012, the platform allows users to buy and sell a wide range of services across various categories, including design, IT and programming, marketing, consulting, translation, writing, and more. Freelancers can list their services with price quotes, making it easier for potential clients to find and engage with them. Kmong's services extend beyond traditional categories to include offerings like private lessons and unique personal services. The company is based in Seoul and provides a mobile application for Android devices, enhancing accessibility for users.
OPENEDGES Technology
Series C in 2021
OPENEDGES Technology researches AI acceleration technology to contribute to democratizing AI innovation. The company provides IP technology for smart computing, enabling Internet of Smart Things. The company provides IPs in two technology sectors of smart computing highly efficient AI acceleration and high-performance memory subsystem including DDR memory controller and on-chip interconnect IP.
The company offers the needed boost to performance, efficiency, and reliability.
OPENEDGES Technology was founded on 2015 and is headquartered in Seoul, Korea.
SolarConnect
Series C in 2021
SolarConnect, Inc. is a South Korean company that specializes in the production of solar energy and provides information technology-based energy solutions. Established in 2016 and headquartered in Seoul, the company operates solar energy plants and installs solar panels in residential areas and apartments. SolarConnect aims to integrate innovative financial and technological solutions into the solar and energy industries, contributing to the advancement of sustainable energy practices.
Founded in 2014, HUINNO is a digital health company headquartered in Boston with offices in New York and Seoul. It develops healthcare devices to monitor vital signs such as blood pressure, heart rate, ECG, and SpO2, offering real-time data analysis via its app and cloud-based ecosystem. The company focuses on improving chronic cardiac disease management through wearable technology and AI-driven analytics.
MegazoneCloud
Series B in 2020
MegazoneCloud, established in 2018 as a spin-off from Megazone Corporation, is headquartered in Seoul, South Korea. The company specializes in providing a wide array of cloud adoption and consulting services, including implementation, enterprise support, management, cost optimization, and education. With a strong partnership with Amazon Web Services and over 100 global technology partners, MegazoneCloud has built a reputation as the largest premier consulting partner of AWS in the Asia Pacific region. The company has successfully served more than 1,500 clients, including major enterprises such as Samsung, LG, and Lotte Group, by facilitating their digital transformation through tailored cloud solutions. Additionally, MegazoneCloud operates offices in Palo Alto, Tokyo, Shanghai, Hong Kong, and Hanoi, reflecting its commitment to expanding its global presence and supporting businesses in optimizing their processes and managing their cloud needs effectively.
Skelter Labs
Series B in 2020
Skelter Labs Inc., founded in 2015 and based in Seoul, South Korea, specializes in developing artificial intelligence-based applications. The company focuses on creating AI solutions that enhance user experiences and drive digital transformation. Skelter Labs offers a range of products, including BELLA QNA, an enterprise data + LLM QNA Chatbot; BELLA LLM, an exclusive LLM for enterprise use; AIQ+ Chat, a task-oriented LLM chatbot builder; AIQ+ Speech, which provides STT/TTS solutions; and AIQ+ Answer, a MRC search assistant. These products are designed to integrate seamlessly into businesses, leveraging the expertise of AI professionals to unlock the potential of enterprises in various industries.
42Maru
Debt Financing in 2020
42Maru, Inc. is a South Korean technology company established in 2015, specializing in the development of advanced search engine technology designed for artificial intelligence applications. The firm focuses on creating a deep learning-based question-answering system that accurately interprets user intent and provides precise answers in real-time. Its technology encompasses various domains, including information retrieval, machine reading comprehension, and natural language processing, making it applicable across multiple sectors such as smart speakers, connected cars, chatbots, and home automation devices. 42Maru stands out in the market due to its high accuracy, efficient knowledge base expansion, and low operational costs. The company aims to penetrate the consumer market through strategic B2B2C alliances while supporting multiple languages for global expansion. With a team of experts led by a CEO with over 20 years of industry experience, 42Maru has formed partnerships with major telecommunications companies and financial institutions, positioning itself at the forefront of the emerging AI-driven search paradigm.
MakinaRocks
Series A in 2020
MakinaRocks is a global AI software startup founded in 2017 and headquartered in Seoul, South Korea. The company specializes in developing enterprise solutions that leverage machine intelligence to address industry-specific challenges. Its platform focuses on analytics and performance management, offering tools for predictive maintenance, operational optimization, and anomaly detection. By combining advanced artificial intelligence model development with practical applications, MakinaRocks enables businesses to enhance productivity and operational efficiency through cost-effective automation and intelligent control.
Fount Inc. is an asset management Robo-Advisor company that was founded in 2015 and is headquartered in Seoul, South Korea. The firm specializes in providing customized financial portfolios through its investing algorithm, which leverages Big Data technology and advanced computer algorithms. Fount's Robo-Advisor engine, Bluewhale, determines the optimal combination of assets by integrating financial engineering technology with asset allocation theories. The company's approach emphasizes passive investing, aiming to align investment strategies with clients' goals and risk tolerances over various time horizons. By utilizing AI technology, Fount enables clients to effectively monitor financial markets and adjust their asset allocations in response to market changes.
Ubix Therapeutics
Series B in 2020
Ubix Therapeutics, Inc. is a research and development company based in Seoul, South Korea, focused on the development of anti-cancer drugs utilizing a proprietary proteolysis targeting chimera platform. The company employs advanced inhibitor technology that degrades specific target proteins within cells, aiming to enhance therapeutic efficacy for various cancers. By binding to proteins associated with disease, Ubix Therapeutics seeks to provide life-saving medications for patients, thereby supporting both patients and medical professionals in the fight against cancer.
Influential
Series B in 2020
Influential Inc. is a South Korean company founded in 2008 that specializes in publishing books and audiobooks. It operates a subscription service for its online audiobooks, catering to a wide audience. Additionally, Influential organizes lectures and seminars featuring industry experts, offering professional speaking services to companies and organizations around the globe. The company's focus on disseminating knowledge through various formats positions it as a key player in the educational and professional development sectors.
Codeit is an educational technology company that provides an interactive online platform focused on teaching programming and data science. Acknowledging the growing demand for software skills, Codeit addresses the education gap by offering improved content, a user-friendly platform, and affordable pricing. With over 100,000 students, most of whom are seeking career changes, the company aims to foster a love for learning beyond just transmitting knowledge. Initially established in South Korea, Codeit plans to expand its global reach and diversify its course offerings to include subjects such as design, marketing, and product management. Through practical learning examples and engaging educational services, Codeit is committed to equipping individuals with essential digital skills for the modern workforce.
SOS Lab is a specialized company that develops and manufactures LiDAR technology, which utilizes lasers to measure distances and shapes of surrounding environments. The company focuses on creating innovative solutions for self-driving cars, highlighted by its hybrid LiDAR system, the SL-1. This long-range system combines traditional motor scanning with a solid-state MEMS mirror, offering a more affordable option compared to existing products in the market. In addition to the SL-1, SOS Lab provides two other LiDAR products, the GL-3 for factory automation and robotics, and the TL-3 for security and automatic doors. The company aims to enhance its offerings by integrating hardware-based sensors with AI-driven object recognition and tracking technologies, using 3D point cloud data. SOS Lab collaborates with automotive electronics partners and global semiconductor firms to advance its next-generation Solid-State LiDAR. With research and development centers in Seoul and Gwangju, alongside business operations in Silicon Valley, SOS Lab seeks to expand its global presence and contribute to the self-driving and advanced driver-assistance systems (ADAS) markets.
Odd Concepts
Series B in 2020
Odd Concepts Inc. is a technology company specializing in computer vision and artificial intelligence solutions. Founded in 2012 and based in Seoul, South Korea, it offers a comprehensive portfolio of image recognition and search technologies delivered as a cloud-based API service. The company's innovative platform is designed to meet diverse customer needs by allowing for the tuning and combination of analysis engines to achieve optimal results. Additionally, Odd Concepts develops software for video content searches, facilitating connections between offline retail businesses and online markets. This enables clients to conduct product data analysis and provide personalized product recommendations, enhancing the overall shopping experience.
RIDI Corporation is South Korea’s one of the largest digital content publication & distribution companies, mainly known for vitalizing the Korean e-book industry as well as empowering the web novel, webcomic, animation, articles, and news media. RIDI believes that rich imagination and deep insight serve as nutrients to make the human mind fertile and delivers them through its digital contents.
Kakao Enterprise
Venture Round in 2020
Kakao Enterprise Corp., established in 2019 and headquartered in Seongnam-si, South Korea, operates an information technology platform specializing in AI technologies and services for businesses across sectors such as healthcare, finance, distribution, and construction. The company offers platforms like Kakao i Connect, Kakao i, and Kakao Work, aiming to facilitate digital transformation through innovative solutions including cloud services, data analysis, and AI engine capabilities.
Skelter Labs
Series B in 2019
Skelter Labs Inc., founded in 2015 and based in Seoul, South Korea, specializes in developing artificial intelligence-based applications. The company focuses on creating AI solutions that enhance user experiences and drive digital transformation. Skelter Labs offers a range of products, including BELLA QNA, an enterprise data + LLM QNA Chatbot; BELLA LLM, an exclusive LLM for enterprise use; AIQ+ Chat, a task-oriented LLM chatbot builder; AIQ+ Speech, which provides STT/TTS solutions; and AIQ+ Answer, a MRC search assistant. These products are designed to integrate seamlessly into businesses, leveraging the expertise of AI professionals to unlock the potential of enterprises in various industries.
3billion is a Seoul-based company that provides genetic testing and analysis services for rare disease patients. Founded in 2016, it uses bioinformatics and machine learning to shorten and reduce the cost of genome interpretation, aiming to make genome-scale testing accessible for patients in need. The company develops AI-driven diagnostic tools and offers products such as 3B-GENOME, 3B-EXOME, 3B-VARIANT, and 3B-INTERPRETER to support comprehensive genetic analysis and faster diagnosis.
Achats Group
Series B in 2019
Achats Group is a media commerce company based in Seoul, South Korea, founded in 2017. Specializing in video content, the company provides a range of content-based marketing services, including product marketing, creative media, performance marketing, and trendy marketing. By leveraging data-driven analysis of market trends and customer preferences, Achats Group aims to enhance business efficiency and profitability for its clients. The firm’s platform also focuses on creating marketing videos tailored for social networks, allowing businesses to effectively engage their target audiences.
MegazoneCloud
Series A in 2019
MegazoneCloud, established in 2018 as a spin-off from Megazone Corporation, is headquartered in Seoul, South Korea. The company specializes in providing a wide array of cloud adoption and consulting services, including implementation, enterprise support, management, cost optimization, and education. With a strong partnership with Amazon Web Services and over 100 global technology partners, MegazoneCloud has built a reputation as the largest premier consulting partner of AWS in the Asia Pacific region. The company has successfully served more than 1,500 clients, including major enterprises such as Samsung, LG, and Lotte Group, by facilitating their digital transformation through tailored cloud solutions. Additionally, MegazoneCloud operates offices in Palo Alto, Tokyo, Shanghai, Hong Kong, and Hanoi, reflecting its commitment to expanding its global presence and supporting businesses in optimizing their processes and managing their cloud needs effectively.
Lemonex Inc. is a biotechnology company based in Seoul, South Korea, that focuses on developing and commercializing innovative solutions for cancer treatment and other intractable diseases. Founded in 2013, the company specializes in cancer immunotherapeutics, antibody therapeutics, and gene therapeutics. Lemonex is known for its drug delivery technology, including DegradaBALL, which facilitates the internalization of drug candidates into cultured cells and lesions. Additionally, it has developed PANGO, a drug screening technology that enables rapid evaluation of antiviral drugs from a library of candidates. With a commitment to advancing biotherapeutics, Lemonex aims to enhance the efficacy and precision of drug delivery in clinical settings.
BBB Technologies
Series B in 2018
BBB Technologies Inc. is a mobile healthcare technology company focused on blood-based diagnostics and data-driven insights to support early disease detection, treatment decisions, and remote monitoring for patients and clinicians. Founded in 2014 and based in Mountain View, California, with offices in Seoul and Shenzhen, it develops blood testing technologies and mobile-enabled tools that deliver rapid results and actionable insights. The company leverages artificial intelligence to analyze blood biomarkers and enable at-home testing and remote patient monitoring, aiming to broaden access to diagnostics across multiple conditions.
Classting
Venture Round in 2018
Classting, Inc. is a South Korean company that develops a productivity application aimed at enhancing communication within educational settings. The platform serves as a social media tool, connecting educators, students, and parents both inside and outside the classroom. By providing an effective Learning Management System (LMS) and a suite of educational services, Classting addresses the diverse needs of students and teachers, facilitating personalized learning experiences through the use of big data and artificial intelligence. The company collaborates with over 20 content providers to deliver tailored educational resources, thereby helping students learn more effectively. Through its innovative approach, Classting seeks to improve classroom communication and support the varied learning levels of students.
Vitcon Inc. is a South Korean company based in Seoul that specializes in Internet of Things (IoT) solutions. It develops and supplies MODLINK, a built-in controller that integrates advanced software and hardware technologies. Vitcon's offerings include free software designed to empower non-software engineers to easily connect to and configure IoT systems using MODLINK. Through its innovative products and services, Vitcon aims to simplify the IoT experience, making it accessible to a broader audience.
3billion is a Seoul-based company that provides genetic testing and analysis services for rare disease patients. Founded in 2016, it uses bioinformatics and machine learning to shorten and reduce the cost of genome interpretation, aiming to make genome-scale testing accessible for patients in need. The company develops AI-driven diagnostic tools and offers products such as 3B-GENOME, 3B-EXOME, 3B-VARIANT, and 3B-INTERPRETER to support comprehensive genetic analysis and faster diagnosis.
BlockOdyssey
Seed Round in 2018
BlockOdyssey Inc. is a technology start-up based in Daejeon, South Korea, specializing in blockchain-based distribution management solutions. The company focuses on providing industry-specific applications such as anti-counterfeiting systems, data storage, and currency exchange. Its primary offering is a blockchain platform that integrates logistics and distribution history management, enabling reliable data sharing among businesses. This platform employs advanced authentication methods, including digital signature QR codes, to ensure the security and integrity of logistics information. BlockOdyssey has garnered investment from prominent companies, including Asia's largest cosmetic firm, and is actively collaborating with pharmaceutical companies in France to enhance its offerings.
Syntekabio
Series B in 2018
Syntekabio, Inc. is a bioinformatics company based in Daejeon, South Korea, founded in 2009. The firm specializes in genome analysis and the integration of bio data, utilizing advanced algorithms to create personal genome maps that facilitate disease prevention and the development of customized medications. Syntekabio also offers a technology for collecting and integrating decrypted whole genome data, which is instrumental in analyzing diseases, including rare conditions. Their MAHA supercomputer significantly reduces data-processing costs and enhances genome-based diagnostics. The company focuses on gene-related research and technology development, leveraging a genome big data platform and artificial intelligence for drug development and genetic analysis.
Copus Korea
Venture Round in 2018
Copus Korea Co., Ltd. is a digital content provider based in Seoul, South Korea, founded in 2005. The company specializes in the content and e-commerce sectors, focusing on the distribution of drama and film productions as well as subtitle production services, which include editing and conversion of various media formats. In addition to its film-related activities, Copus Korea has developed the i♥STAR application to support fans and operates My Little Pouch, an e-commerce platform that offers cosmetics and accessories targeted at female consumers in Japan. The company also provides content marketing services, positioning itself as a versatile player in both the digital content and online retail landscapes in Korea and Japan.
Toss Lab
Venture Round in 2018
Toss Lab, Inc. is a company that specializes in developing collaboration tools designed to enhance communication and project management within organizations. Its primary product, JANDI, is a group-oriented messaging platform that integrates various collaboration features, including group messaging, task and project management, file searching, and archiving services. This platform is tailored for workplace environments, enabling users to effectively communicate and manage their projects. Founded in 2014 by Daehyun Kim and Daniel Chan, Toss Lab is headquartered in Seoul, South Korea, and has expanded its presence with additional offices in Kuala Lumpur, Malaysia, and Taipei City, Taiwan. The company serves a diverse range of clients, including businesses, non-profit organizations, and educational institutions across Asia and internationally.
FADU Inc. is a fabless semiconductor company specializing in innovative memory and storage solutions. Established in 2015 and headquartered in Seoul, South Korea, with an additional office in Mountain View, California, FADU focuses on developing advanced Flash storage technology and architecture. The company's product lineup includes the FADU Annapurna and FADU Bravo SSD controllers, which are designed to meet the increasing data demands in enterprise data centers. With a team comprised of skilled architects, ASIC experts, and seasoned engineers from leading firms, FADU aims to introduce next-generation products that will redefine standards within the industry. As a newcomer in this competitive field, FADU is committed to leveraging innovative ideas to address the challenges posed by rapidly evolving data requirements.
G+FLAS Life Sciences
Series A in 2017
G+FLAS Life Sciences is an agricultural biotechnology company focused on genome editing technologies for crops and health-related applications. It develops glycoengineered plants using CRISPR-PLUS to selectively remove glycosylation-related genes and provides gene-editing delivery methods into plant protoplasts. The company also pursues development of novel seeds and gene therapy drugs based on CRISPR-Cas, and operates plant cultivation facilities to support pharmaceutical and anticancer R&D. In addition to crop improvements, G+FLAS has explored nutritionally enhanced foods, including vitamin D3-enriched tomatoes, and has pursued strategic partnerships to scale commercialization, such as collaborations with large industry players to enable broader adoption of its technology. Through its integrated approach spanning plant biotechnology and therapeutic research, G+FLAS Life Sciences aims to advance sustainable agriculture and novel drug development.
Founded in South Korea in 2014, Vendys specializes in corporate meal management solutions. It offers a mobile platform for office workers to manage meals, facilitating staff welfare services such as mobile food stamps and canteen meal coupons.
Founded in Seoul in 2014, N.thing is an innovative Agri-Food tech company specializing in smart indoor farming systems. It develops modular vertical farms ('CUBE'), hydroponic kits ('SQUARE'), and connected gardening tools like 'Planty' and 'Life'. The company uses IoT technology and data to optimize crop growth, enabling real-time monitoring and efficient farming.
MR.PIC Corp.
Seed Round in 2015
MR.PIC Corp. is a South Korean company that operates an online portal and mobile application providing comprehensive information on new and used vehicles. Launched in February 2014, the platform offers detailed specifications, engine ratings, safety statistics, and dealer performance data. It functions as a comparative estimation tool, enabling consumers to evaluate vehicles and dealerships before purchase. The service covers a broad range of vehicle types and includes additional lifestyle and entertainment content. By aggregating and presenting key data in a user‑friendly format, MR.PIC Corp. assists individuals in making informed automotive buying decisions.
H2 is a Korea-based energy storage company specializing in vanadium redox flow batteries (VRFB). It develops and manufactures energy storage systems, including EnerFLOW series such as EnerFLOW 410 and EnerFLOW 420, designed for small- to large-scale applications and long-duration storage. The company is based in Daejeon, South Korea. Its VRFB technology supports microgrids, renewable integration, and utility-scale deployments, delivering flexible power and enabling reduced CO2 emissions and improved energy efficiency. H2 offers engineering services tailored to customer needs and focuses on large-scale energy storage solutions.
ENERZAi is a Seoul-based artificial intelligence technology company that develops hardware- and software-enabled AI solutions. It provides MCU, CPU, and application processor services to enable AI on edge devices, including smart sensors, wearable devices, and robotics. The technology supports autonomous supervision, monitoring, and control of physical processes with real-time processing, and is designed to help customers migrate from expensive GPU instances by reducing model size, inference time, and operating costs. ENERZAi's offerings span software and lightweight hardware platforms for embedded applications in industrial, consumer, and automation contexts.