Naver is a prominent internet company based in Seongnam, South Korea, that operates as a leading search engine and e-commerce platform. Founded in 1999, it has evolved to provide a diverse range of services, including fintech, digital content, and cloud solutions. Naver is known for its innovative search features such as Comprehensive Search, Knowledge iN, and Real-time Rising Keyword. The company also offers user-generated content services through platforms like Blog and Cafe, along with Junior Naver, a dedicated portal for children, and Happybean, an online donation service. Naver pioneered the webtoon industry, introducing its digital comic service in 2004. Additionally, it operates several popular applications, including the LINE mobile messenger and the video messaging app Snow. Naver further engages in software development, search advertising, online shopping, and IT infrastructure services, solidifying its status as a comprehensive internet platform in South Korea and beyond.
NXN Labs empowers individuals in crafting indistinguishable and sophisticated human images and videos. It goal is to empower people to seamlessly navigate this exciting, intertwined journey into a new era.
KREAM
Series C in 2023
KREAM is an online resale marketplace focused on authenticated limited-edition sneakers and streetwear. The platform operates using a bid-ask model with dynamic pricing mechanics, facilitating the trading of exclusive releases between buyers and sellers. KREAM emphasizes a thorough verification process to ensure the authenticity of items, providing a secure and hassle-free environment for transactions.
Cenacle
Series C in 2023
Cenacle Soft specializes in developing cloud-based healthcare technologies aimed at enhancing the patient experience. The company's innovative solutions create a seamless environment for healthcare professionals by eliminating the need for external programs. This interlocking system connects hospitals using cloud electronic medical records (EMR) with individuals utilizing personal health records (PHR) services, facilitating collaboration within the healthcare ecosystem. By enabling hospitals to serve as central hubs, Cenacle Soft fosters a collaborative environment among various healthcare partners, ensuring that medical practitioners can support their patients effectively anytime and anywhere.
Wallapop
Series G in 2023
Wallapop is a mobile marketplace that facilitates the buying and selling of secondhand goods, primarily through its app. Utilizing geo-localized technology, it connects a vibrant community of around 15 million users, allowing them to trade items that are no longer needed. With over 180 million items exchanged on the platform, Wallapop offers access to unique products at competitive prices while promoting sustainability by extending the life of functional goods. The platform is designed to be user-friendly, enabling customers to publish advertisements from both mobile devices and computers. Founded in 2013 in Barcelona by Agustin Gomez, Miguel Vicente, and Gerard Olive, Wallapop has consistently focused on innovation within the online classifieds and second-hand market. It is supported by a range of investors, including Korelya Capital and NAVER.
NFTBank
Series A in 2022
NFTBank is a developer of a portfolio and analytics platform that focuses on the management of non-fungible tokens (NFTs). The platform offers tools for users to efficiently buy, sell, and manage their NFTs, providing a centralized solution for scattered digital assets across various platforms. By addressing the illiquid nature of these tokens, NFTBank helps users better manage liquidity risk and maintain a comprehensive overview of their NFT portfolios in one place.
Poshmark
Acquisition in 2022
Poshmark, Inc. operates a social marketplace that facilitates the buying and selling of lifestyle products, including apparel, footwear, home goods, beauty products, and accessories. Established in 2011 and headquartered in Redwood City, California, Poshmark connects a community of over 80 million registered users across the United States, Canada, Australia, and India. The platform blends the interpersonal aspects of traditional shopping with the convenience of e-commerce, making it easy for users to engage in sustainable consumption by buying and reselling both new and secondhand items. Through this approach, Poshmark not only promotes a vibrant marketplace for fashion and lifestyle products but also encourages environmentally conscious choices among consumers.
Brandi
Venture Round in 2022
Brandi is a vertical commerce company based in Seoul, South Korea, specializing in both business-to-consumer and business-to-business platforms for fashion and beauty shopping. Founded in 2014, Brandi offers a diverse range of products, including clothing, cosmetics, and home interior items. The company's retail platform connects manufacturers, wholesalers, and consumers, creating a comprehensive fashion ecosystem that enables customers to access trending products at affordable prices. Through its innovative approach, Brandi aims to empower young shoppers and enhance their shopping experience in the fashion industry.
Line Next
Series A in 2022
Line Next is committed to advancing and expanding the worldwide NFT industry. LINE NEXT seeks to offer innovative digital experiences and pave the road for the future by utilising blockchain and NFT technology.
Interior Teacher
Series A in 2022
Interior Teacher is a premium home styling service that specializes in interior decoration. The company offers a range of services, including design consultation, furniture recommendation, and delivery installation, aimed at creating functional and aesthetically pleasing spaces. Utilizing advanced AI technology, Interior Teacher provides clients with quick design drafts, simplifying the process of decorating their entire homes. This innovative approach enhances the customer experience by making home styling accessible and efficient.
Pocket FM
Series C in 2022
Pocket FM is an audio series platform that specializes in long-form audio entertainment, offering a diverse range of content across various genres such as fantasy, science fiction, romance, horror, and thriller. The platform is designed to provide a refined listening experience, allowing users to enjoy audio series in English and select Indian languages. Pocket FM facilitates direct communication between listeners and creators, including access to podcasts, enabling a global audience to engage with its extensive library of material. By focusing on broad and entertaining content, Pocket FM caters to a wide range of preferences, enhancing the overall audio experience for its users.
Two Platforms
Seed Round in 2022
Two Platforms is a technology company focused on redefining Human-AI interaction through innovative solutions powered by its proprietary multilingual language models, known as SUTRA. The company develops an artificial reality platform that provides interactive and immersive artificial intelligence experiences tailored for non-English markets. Its advanced multilingual model facilitates real-time AI voice and video calls, digital humans, immersive environments, and realistic gaming experiences. By leveraging these capabilities, Two Platforms enhances language learning and concept acquisition, resulting in accelerated training cycles and cost-efficient inference for users.
New Vessel
Seed Round in 2022
New Vessel is to navigate the sea of e-commerce. We utilize our e-commerce and consumer branding experience and partner with world-class e-commerce experts.
Lunit
Venture Round in 2021
Lunit Inc. is a medical AI software company based in Seoul, South Korea, specializing in advanced algorithms for medical image analysis and general object detection. The company develops solutions for various medical imaging modalities, including digital chest X-ray, digital mammography, digital pathology, and fundus photography. Lunit aims to enhance clinical decision-making for physicians by leveraging machine learning technology to provide accurate and consistent diagnoses. Its product offerings include Lunit INSIGHT CXR for chest X-rays, Lunit INSIGHT MMG for mammography, and Lunit SCOPE, which includes AI-powered biomarkers for immuno-oncology. Lunit's deep learning technology has been recognized for its capabilities, ranking among the top in prestigious image recognition competitions, highlighting its innovative approach to processing medical imaging data and utilizing weakly labeled data for improved pattern recognition.
Brandi
Series C in 2021
Brandi is a vertical commerce company based in Seoul, South Korea, specializing in both business-to-consumer and business-to-business platforms for fashion and beauty shopping. Founded in 2014, Brandi offers a diverse range of products, including clothing, cosmetics, and home interior items. The company's retail platform connects manufacturers, wholesalers, and consumers, creating a comprehensive fashion ecosystem that enables customers to access trending products at affordable prices. Through its innovative approach, Brandi aims to empower young shoppers and enhance their shopping experience in the fashion industry.
Balaan
Series B in 2021
Balaan is an online marketplace that specializes in providing access to luxury fashion products, including clothing, accessories, and jewelry from renowned brands. By partnering with local boutiques in Europe, Balaan ensures that customers can receive the latest luxury items within three days at competitive prices, making high-end fashion more accessible. The platform aims to cater to both men and women, offering a diverse selection of multi-branded goods that appeal to fashion enthusiasts looking for quality and affordability.
Dohands
Series B in 2021
Dohands Corporation is a logistics service provider based in Seoul, South Korea, specializing in customized solutions for e-commerce sellers. Founded in 2013, the company offers a range of services including overseas shipping, logistics consulting, inventory management, and tailored delivery options. Dohands focuses on short-term delivery, providing effective logistics alternatives for crowdfunding, pre-orders, and promotional activities, thereby enabling businesses to transport and deliver their products in a cost-efficient manner. Through its innovative approach, Dohands aims to simplify the logistics process for e-commerce companies.
WeKeep
Series B in 2021
WeKeep is an online platform that offers e-commerce fulfillment solutions.
Jeongyookgak
Series C in 2021
Jeongyookgak is a producer and seller of fresh meat and groceries, specializing in the delivery of high-quality food items. The company offers a variety of products, including pork, beef, eggs, and grass-fed meat, catering to customers seeking fresh and healthy food options. By providing online assistance for food delivery, Jeongyookgak aims to ensure rapid shipment of its products while maintaining reasonable prices, making it a convenient choice for consumers looking for quality meat and groceries.
Tving
Series B in 2021
TVING is a South Korean online streaming service based in Seoul, specializing in the broadcast of Korean movies and series. The platform operates on a subscription model, offering subscribers access to a wide range of the latest content, along with high-quality visual and audio experiences. By focusing on Korean entertainment, TVING caters to a growing demand for localized content in the streaming market.
B Factory
Seed Round in 2021
B Factory is an online POD (Print On Demand) e-commerce company.
FuriosaAI
Series B in 2021
FuriosaAI delivers the performance for real-time AI services while achieving energy efficiency for the lowest operation cost at scale. They build the entire product on a solid core foundation because AI chips on the ground are doomed to fail when it comes to addressing the complex and rapidly changing requirement metrics of hyper scalers and enterprises.
HOWSER
Series B in 2021
HOWSER provides furniture construction and delivery solutions through an online infrastructure based on IT technology.
Bukalapak
Venture Round in 2021
Bukalapak is an Indonesian e-commerce platform founded in 2010 and headquartered in Jakarta Raya. It operates a shopping portal that offers a diverse array of consumer products, including electronics, cosmetics, and apparel. The platform provides customers with easy returns and a variety of flexible payment options, such as cash on delivery, credit or debit card transactions, and net banking. By enabling consumers to access a wide range of commercial and personal products, Bukalapak aims to enhance the online shopping experience in Indonesia.
Emtek Group
Post in 2021
Founded in 1983 as PT Elang Mahkota Teknologi (the Emtek Group), a company providing personal computer services, the Emtek Group has evolved into a modern, integrated group of companies with three main business divisions: Media, Telecommunications and IT Solutions, and Connectivity. The Media Division consists of two free-to-air (FTA) television channels. SCTV is one of Indonesia’s leading nationwide free-to-air channels with audiences in excess of 160 million viewers in more than 240 cities across the country. The Jakarta-based O Channel provides free-to-air lifestyle and entertainment programming for the capital. The Solutions Division provides a range of infrastructure and information, communication and technology solutions for the telecommunication, banking and retail payment industries, including service solutions for integrated VSAT, smart card infrastructure and the retail distribution of telecommunications services.
Wallapop
Series G in 2021
Wallapop is a mobile marketplace that facilitates the buying and selling of secondhand goods, primarily through its app. Utilizing geo-localized technology, it connects a vibrant community of around 15 million users, allowing them to trade items that are no longer needed. With over 180 million items exchanged on the platform, Wallapop offers access to unique products at competitive prices while promoting sustainability by extending the life of functional goods. The platform is designed to be user-friendly, enabling customers to publish advertisements from both mobile devices and computers. Founded in 2013 in Barcelona by Agustin Gomez, Miguel Vicente, and Gerard Olive, Wallapop has consistently focused on innovation within the online classifieds and second-hand market. It is supported by a range of investors, including Korelya Capital and NAVER.
Wattpad
Acquisition in 2021
Wattpad is a digital entertainment company that operates an online social storytelling platform focused on original narratives. Established in 2006 in Toronto, Canada, Wattpad fosters a community of over 65 million users who engage with stories for more than 20 billion minutes each month. The primary app allows users to read and write stories, facilitating collaboration through comments and multimedia interactions. In addition to its flagship platform, Wattpad offers Tap, a product for short, chat-based stories available in multiple languages. Wattpad Studios collaborates with industry partners to adapt stories for film, television, digital media, and print. Furthermore, Wattpad Brand Solutions provides advertising options aimed at enhancing engagement with Millennial and Gen Z audiences.
Bukalapak
Venture Round in 2021
Bukalapak is an Indonesian e-commerce platform founded in 2010 and headquartered in Jakarta Raya. It operates a shopping portal that offers a diverse array of consumer products, including electronics, cosmetics, and apparel. The platform provides customers with easy returns and a variety of flexible payment options, such as cash on delivery, credit or debit card transactions, and net banking. By enabling consumers to access a wide range of commercial and personal products, Bukalapak aims to enhance the online shopping experience in Indonesia.
QARA Soft
Series A in 2020
In recent years, information technology has taken the financial industries by storm. In 2015, the world’s largest investment bank, Goldman Sachs, has declared itself an IT company rather than a financial company. As times are rapidly changing, information and communication technologies are gaining traction. And soon, they will lead financial companies and gain new momentum as the alternative solutions to investment banking. QARA is a financial -technology company that provides online asset management service through the AI (artificial intelligence) deep learning technology. Based on the financial AI technology “Market Dreamer,” QARA provides service to both domestic and overseas B2B and B2C market since 2014.
OHouse
Series C in 2020
OHouse is a all-in-one lifestyle platform that integrates content, community, and commerce. 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. OHouse revolutionizes the lifestyle(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. As the leading innovators of the home furnishing industry, Ohouse aims to become an lifestyle super application that provides the best customer experience. Ohouse won the Best App Award by Google Play in 2018, and its app is downloaded by more than 20 million users.
True Balance
Series D in 2020
True Balance is a digital wallet operated by Balancehero India Private Limited, providing a range of financial services aimed primarily at unbanked users in India. Launched in 2014 by CEO Charlie Lee, the platform has grown to serve 70 million users, offering facilities such as utility bill payments, online lending, e-commerce transactions, and essential insurance products. By focusing on accessibility and convenience, True Balance aims to meet the financial needs of individuals who may lack traditional banking services.
Balaan
Venture Round in 2020
Balaan is an online marketplace that specializes in providing access to luxury fashion products, including clothing, accessories, and jewelry from renowned brands. By partnering with local boutiques in Europe, Balaan ensures that customers can receive the latest luxury items within three days at competitive prices, making high-end fashion more accessible. The platform aims to cater to both men and women, offering a diverse selection of multi-branded goods that appeal to fashion enthusiasts looking for quality and affordability.
INSUNGDATA
Series C in 2020
INSUNGDATA engages in quick service, proxy operation, cargo, and leisure businesses.
CJ ENM
Post in 2020
CJ ENM is a South Korean entertainment and mass media company based in Seoul, primarily engaged in the creation and distribution of diverse media content. Established in 1993, it operates across various sectors including television, film, music, and online gaming. The company manages a portfolio of 18 cable TV channels and offers broadcasting services through satellite, IPTV, and mobile platforms. Additionally, CJ ENM is involved in home shopping and e-commerce, providing a range of products such as electronics, sports gear, and household items through television and online channels. The company also supports musical performances and theatrical productions, further enhancing its presence in the entertainment industry.
CJ Logistics
Corporate Round in 2020
CJ Logistics Corporation, founded in 1930 and based in Seoul, South Korea, offers comprehensive transportation and logistics services both domestically and internationally. The company provides a wide array of services, including contract logistics, parcel delivery, international express, forwarding, stevedoring, and project logistics. With a strong focus on industry-specific consulting, CJ Logistics emphasizes systematic and efficient operations supported by advanced logistics infrastructure. It operates a global logistics network that spans 22 countries, enabling it to deliver integrated logistics solutions tailored to the needs of its clients. As a subsidiary of CJ Corporation, CJ Logistics continues to enhance its service offerings and expand its presence in the logistics sector.
Syte
Series C in 2020
Syte is a technology company based in Tel Aviv that specializes in visual AI solutions aimed at enhancing online shopping experiences. Its product discovery platform enables retailers to improve site navigation and product discovery through features like camera search, augmented site search, and personalized recommendations. By allowing shoppers to take photos of products they find inspiring, Syte's technology helps them locate visually similar items on retail websites. The platform also includes smart merchandising tools that enhance the overall shopping experience, driving engagement and revenue for businesses. Since its establishment in 2014, Syte has raised $71 million from a variety of investors, underscoring its position in the market as a leader in visual search technology for fashion retail.
Qualson
Series B in 2020
Qualson Inc., founded in 2012 and based in Seoul, South Korea, specializes in developing mobile applications for language learning services, particularly focusing on English. The company operates a mobile educational platform that provides innovative and engaging educational experiences through technology, allowing users to learn English in an enjoyable manner using real-world content. Qualson has successfully secured funding from notable investors, including Samsung SDS, POSCO Capital, Softbank, Capstone, and DSC, which supports its mission to enhance language learning through interactive mobile solutions.
Brandi
Series B in 2020
Brandi is a vertical commerce company based in Seoul, South Korea, specializing in both business-to-consumer and business-to-business platforms for fashion and beauty shopping. Founded in 2014, Brandi offers a diverse range of products, including clothing, cosmetics, and home interior items. The company's retail platform connects manufacturers, wholesalers, and consumers, creating a comprehensive fashion ecosystem that enables customers to access trending products at affordable prices. Through its innovative approach, Brandi aims to empower young shoppers and enhance their shopping experience in the fashion industry.
Carousell
Venture Round in 2020
Carousell is a Singapore-based classifieds marketplace that facilitates the buying and selling of preloved items through its mobile app, available on iOS and Android. Launched in August 2012, Carousell has expanded its operations to 19 cities across seven countries, offering a wide range of products, including fashion, electronics, and home goods. Users can easily list items for sale by taking a photo and adding a description, allowing for a straightforward and efficient trading experience. The platform has gained significant popularity, ranking as the top shopping app in Singapore, Taiwan, Hong Kong, and Australia. Carousell is supported by prominent venture capital firms, underscoring its position as a leader in the consumer-to-consumer marketplace sector.
Giantstep
Series B in 2020
Giantstep is a studio which provides digital media and visual media production services such as feature films and commercials to clients.
OurBox
Series A in 2020
OurBox is a logistics agency that specializes in providing comprehensive logistics solutions and fulfillment services tailored for online sellers. The company focuses on facilitating seamless delivery of products and offers end-to-end logistics-related services for e-commerce businesses. By serving small businesses and individual sellers, OurBox enables clients to achieve their goals in product development and sales growth while benefiting from cost savings. This allows customers to concentrate on their core activities without the complexities of logistics management.
Dealicious
Series B in 2020
Dealicious operates an online marketplace that connects fashion wholesalers in South Korea with retailers around the globe. Specializing in the vibrant Dongdaemun fashion district, it provides access to a vast selection of clothing, bags, shoes, and accessories. The platform features approximately 11,000 registered wholesale stores, allowing retailers to browse and order from an extensive inventory of items, with 24,000 new products added daily. This streamlined service eliminates the need for retailers to visit physical markets, thereby saving time and resources. Dealicious focuses on enhancing the user experience by offering customer-centric services that simplify access to quality Korean fashion products. By facilitating direct interactions between wholesalers and retailers, the company aims to make the wholesale supply chain more efficient and accessible.
Dohands
Series A in 2020
Dohands Corporation is a logistics service provider based in Seoul, South Korea, specializing in customized solutions for e-commerce sellers. Founded in 2013, the company offers a range of services including overseas shipping, logistics consulting, inventory management, and tailored delivery options. Dohands focuses on short-term delivery, providing effective logistics alternatives for crowdfunding, pre-orders, and promotional activities, thereby enabling businesses to transport and deliver their products in a cost-efficient manner. Through its innovative approach, Dohands aims to simplify the logistics process for e-commerce companies.
WeKeep
Series A in 2020
WeKeep is an online platform that offers e-commerce fulfillment solutions.
Momocon
Post in 2020
Momocon is a digital video/audio content production studio and has currently developed a voice-based global social network service.
Spoon Labs
Series B in 2019
Spoon Labs provides the potential of creating material that enriches people's daily lives all across the world.
HappyFresh
Series C in 2019
HappyFresh is a leading online grocery company based in Jakarta, Indonesia, with operations extending to Malaysia and Thailand since its founding in 2015. The company aims to simplify the grocery shopping experience by offering a convenient platform where customers can order fresh products from local grocery stores and have them delivered directly to their homes. HappyFresh employs trained personal shoppers to ensure the quality and freshness of the groceries, alleviating common challenges associated with traditional shopping, such as parking, navigating store aisles, and carrying heavy bags. By focusing on customer convenience and high-quality service, HappyFresh has established itself as a prominent player in the Southeast Asian online grocery market.
Dynamic Yield
Series D in 2018
Dynamic Yield Ltd. is a technology company that specializes in an AI-powered personalization platform aimed at enhancing customer experiences across various digital touchpoints, including websites, mobile apps, and email. Founded in 2011 and headquartered in Tel Aviv, Israel, the company provides solutions such as segmentation, omnichannel personalization, behavioral messaging, and dynamic advertising, catering to industries like e-commerce, media, travel, and gaming. Dynamic Yield's platform integrates real-time data to enable businesses to deliver personalized content, products, and offers, helping marketing, product, and development teams optimize digital interactions. With a client base of over 350 global brands, the company plays a critical role in allowing organizations to improve customer engagement and drive revenue growth. Dynamic Yield operates additional offices in major cities worldwide, including New York, Berlin, and London.
LetinAR
Series A in 2018
LetinAR Co., Ltd., founded in 2016 and based in Seoul, South Korea, specializes in developing augmented reality (AR) smart glasses. The company has introduced a pioneering technology known as PinMR™ lens, which addresses common issues in existing AR products, such as bulkiness, high costs, and limited functionality. By utilizing proprietary pin mirror technology, LetinAR's smart glasses reflect light from a microdisplay and guide it into the wearer's pupils through a unique pinhole effect. This innovation enhances optical control during augmented reality experiences, allowing for designs that closely resemble traditional eyeglasses while improving wearability and usability.
OHouse
Series B in 2018
OHouse is a all-in-one lifestyle platform that integrates content, community, and commerce. 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. OHouse revolutionizes the lifestyle(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. As the leading innovators of the home furnishing industry, Ohouse aims to become an lifestyle super application that provides the best customer experience. Ohouse won the Best App Award by Google Play in 2018, and its app is downloaded by more than 20 million users.
Foursquare
Series F in 2018
Foursquare Labs, Inc. is a location technology platform that offers business solutions and consumer products focused on location intelligence. Founded in 2009 and based in New York, the company provides a range of tools, including Pinpoint for data-driven media planning, Placed for offline attribution, and the Pilgrim SDK for integrating location awareness in mobile applications. Foursquare's consumer apps, Foursquare and Swarm, allow users to track places visited and share recommendations, while its Places API offers access to firmographic data and community-sourced content. The platform also delivers analytics to enhance customer insights, optimize advertising strategies, and improve programmatic buying. By leveraging location data, Foursquare enables brands to better understand their audiences and measure the effectiveness of their marketing efforts.
Drama & Company
Venture Round in 2018
Drama & Company is a mobile-based startup based in Seoul, South Korea, established in June 2013. The company specializes in developing applications for creating and managing mobile business cards. Its flagship service, Profeel.me, allows users to design and share personalized business cards via smartphones, incorporating images, profiles, and social media links. Users can share these cards through various platforms, including messaging services like Kakao Talk. Additionally, Drama & Company offers the Remember app, which enables users to scan, sort, and store their business cards in one convenient location, enhancing networking efficiency for professionals.
iPrice Group
Venture Round in 2018
iPrice Group operates as an online price comparison platform in Southeast Asia, aimed at enhancing the shopping experience by offering a wide selection of products and brands from numerous partners. The company allows consumers to compare prices, discover products, and secure the best deals from thousands of online retailers, catering to various categories including electronics, fashion, home improvements, and baby products. Founded with the goal of increasing transparency, convenience, and trust in the e-commerce market, iPrice has expanded its reach across seven markets, including Indonesia, Vietnam, Singapore, Hong Kong, Thailand, and the Philippines. Supported by investments from the Asia Venture Group, iPrice has developed expertise in technology, online marketing, and business operations, positioning itself as a key player in the region's online shopping landscape.
CoHive
Series A in 2018
CoHive is Indonesia's largest coworking space provider, previously known as EV Hive. The company offers a blend of coworking, coliving, coretail, and event space solutions aimed at fostering a cohesive working and living environment. With a mission to build a robust community, CoHive connects and supports startups and small to medium enterprises (SMEs) across Indonesia. The company operates approximately 33 locations in major cities including Jakarta, Medan, Yogyakarta, and Bali, catering to around 9,000 members, predominantly startups and SMEs. CoHive also provides facilities for retail spaces, allowing businesses to showcase their products within a vibrant startup community. The company's headquarters is located in Jakarta, and its leadership team includes co-founders Jason Lee and Ethan Choi, along with COO Erich Hirawan and CRO Iris Wee.
Triple
Series A in 2018
Triple is a travel data services startup that operates a travel booking application designed to connect travelers with the tourism industry. This application facilitates the booking of hotels and restaurants, while also offering essential information such as weather updates, currency exchange rates, directions, translation services, time difference calculations, and sightseeing recommendations. By providing these services, Triple aims to simplify the travel experience, allowing travelers to explore new destinations without the need for extensive advance planning.
iPrice Group
Series B in 2018
iPrice Group operates as an online price comparison platform in Southeast Asia, aimed at enhancing the shopping experience by offering a wide selection of products and brands from numerous partners. The company allows consumers to compare prices, discover products, and secure the best deals from thousands of online retailers, catering to various categories including electronics, fashion, home improvements, and baby products. Founded with the goal of increasing transparency, convenience, and trust in the e-commerce market, iPrice has expanded its reach across seven markets, including Indonesia, Vietnam, Singapore, Hong Kong, Thailand, and the Philippines. Supported by investments from the Asia Venture Group, iPrice has developed expertise in technology, online marketing, and business operations, positioning itself as a key player in the region's online shopping landscape.
True Balance
Series B in 2018
True Balance is a digital wallet operated by Balancehero India Private Limited, providing a range of financial services aimed primarily at unbanked users in India. Launched in 2014 by CEO Charlie Lee, the platform has grown to serve 70 million users, offering facilities such as utility bill payments, online lending, e-commerce transactions, and essential insurance products. By focusing on accessibility and convenience, True Balance aims to meet the financial needs of individuals who may lack traditional banking services.
Adriel
Seed Round in 2018
Adriel is a digital marketing platform that specializes in optimizing advertising campaigns using advanced technology, including artificial intelligence. The company enables businesses to manage all their digital marketing efforts from a centralized dashboard, streamlining communication and providing essential data for effective decision-making. With a focus on delivering a cohesive promotional message, Adriel allows users to monitor their return on ad spend (ROAS) and receive real-time insights through an alert system. This functionality helps businesses identify and capitalize on opportunities across various social media platforms, adjusting their budgets to favor higher-performing campaigns. Having collaborated with over 5,000 companies globally, Adriel caters to a diverse clientele, from small businesses to large corporations, empowering them to achieve their advertising goals with clarity and efficiency.
BRUNT.CO,.LTD
Series A in 2018
Brunt Co. Ltd. specializes in designing and manufacturing Internet of Things (IoT) smart home hardware and software. Established in 2015 and based in Seoul, South Korea, the company offers a range of products aimed at enhancing daily convenience and lifestyle experiences. Its key offerings include the Brunt Blind Engine, which converts standard blinds into smart electric versions; the Brunt PowerStation, a multifunctional device for diverse electricity supply; and the Brunt Plug, which allows users to control various electric devices via a smartphone. Additionally, Brunt produces the Brunt WIFI Router and the Brunt Cord, a portable USB and AC power strip. The company also develops software solutions, notably Brunt Sky, an IoT operating platform for remote device control and usage analysis, and the Brunt App, which facilitates smartphone control and monitoring of connected devices. Through these innovations, Brunt Co. Ltd. aims to alleviate daily inconveniences and empower customers to personalize their living environments.
Snow Corporation
Venture Round in 2018
Snow is the developer and operator of the selfie pic and video app SNOW, featuring face recognition-enabled stickers and GIF-enabled chat functionality. With SNOW, users pick from over 700 stickers and 30 types of filters to liven up their photos and videos, then send the finished product to their friends or post them within the SNOW app to give their friends a peek into what they are up to now. User numbers have been growing steadily since the app first launched in Korea, with service being expanded to Japan and China in November 2015 and February 2016, respectively. In Japan, the number of users has been growing rapidly, and the app has been ranked as No.1 in both iOS App Store’s free app Photo & Video category and Google Play’s Photography category.
Drama & Company
Series A in 2017
Drama & Company is a mobile-based startup based in Seoul, South Korea, established in June 2013. The company specializes in developing applications for creating and managing mobile business cards. Its flagship service, Profeel.me, allows users to design and share personalized business cards via smartphones, incorporating images, profiles, and social media links. Users can share these cards through various platforms, including messaging services like Kakao Talk. Additionally, Drama & Company offers the Remember app, which enables users to scan, sort, and store their business cards in one convenient location, enhancing networking efficiency for professionals.
OGQ
Venture Round in 2017
OGQ operates a social creators platform that connects a diverse range of creators, including photographers, musicians, illustrators, and video artists, with fans and consumers. With a community of approximately 14 million creators, the platform allows users to sell their works and access a wide variety of content such as images, videos, music, stickers, and fonts. The platform has seen significant global engagement, with 240 million app downloads and 2.6 billion pieces of content downloaded across various formats, including high-definition wallpapers and graphics. Users from countries like the United States, India, and Russia comprise about 30% of its audience. OGQ supports content in 30 languages and offers its resources to messengers and search platforms worldwide, distinguishing itself with a high user rating on app stores.
Loplat
Venture Round in 2017
Loplat is a South Korean company founded in 2015 that specializes in cloud-based location data analysis and indoor positioning technology. The company utilizes Wi-Fi to track users' exact locations in real-time within retail environments, eliminating the need for additional devices like beacons. Loplat's platform includes a location recognition engine that provides businesses with tools to analyze customer behavior and offers insights into traffic flow and visit history. Among its offerings is a dashboard called Leaflet, which helps retailers understand customer movement within stores. Additionally, Loplat has developed a crowd-sourcing app named Cash Place, which gathers wireless location data and maintains updated information on new and closing stores. Through these solutions, Loplat enables businesses to implement targeted marketing strategies and enhance customer engagement based on real-time location data.
Poolus
Series A in 2017
Poolus Inc. is a company that specializes in ride-sharing services, focusing on real-time carpool matching through its smartphone application. Founded in 2016 and based in Seoul, South Korea, Poolus connects non-taxi vehicle drivers with passengers, offering a platform that promotes cost-effective travel options. The application also features various discount coupons and promotions, encouraging users to reduce expenses and minimize environmental impact. Additionally, Poolus provides a driver certification program to ensure safety and reliability within its service.
Geekble
Seed Round in 2017
Geekble is a media startup focused on creating innovative content related to science and technology, aimed at connecting enthusiasts with broader audiences. The company develops an online video platform that features engineering-related videos designed to simplify complex scientific concepts through motion graphics and relatable elements from movies and games. Geekble also generates revenue through workshops and branded content while establishing a "maker space" for individuals to experiment and collaborate. Its educational resources are utilized by teachers and professors, and some of its videos have been featured on public television, enhancing accessibility to scientific knowledge.
Remember
Venture Round in 2017
Remember is the number one business card management application in Korea that secretary inputs directly when you take a business card.
Woowa Bros
Series F in 2017
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.
FuriosaAI
Seed Round in 2017
FuriosaAI delivers the performance for real-time AI services while achieving energy efficiency for the lowest operation cost at scale. They build the entire product on a solid core foundation because AI chips on the ground are doomed to fail when it comes to addressing the complex and rapidly changing requirement metrics of hyper scalers and enterprises.
The Wave Talk
Seed Round in 2017
The Wave Talk has developed an innovative biosensor that enables the rapid detection and monitoring of impurities, particularly bacteria, in various environments. This device utilizes laser technology to scatter light within liquids, analyzing minute signals from microscopic particles to assess pollution levels in real time. Unlike conventional methods that require lengthy sampling processes and expensive equipment, The Wave Talk's solution provides immediate results, enhancing water safety and overall public health. Given that food-borne diseases claim approximately 420,000 lives annually and antimicrobial resistance is projected to cause 10 million deaths by 2050, the company's technology addresses a critical need in pathogen detection and prevention, promoting healthier living conditions.
4DReplay
Series A in 2017
4DReplay, Inc. is a technology company based in San Francisco, California, that specializes in developing visual processing systems for creating dynamic video content in sports and entertainment. Established in 2016, the company offers a unique 4D video solution that utilizes a set of 4K cameras and advanced video editing software to produce time-sliced videos. This technology allows for the generation of highlights that can be viewed from multiple angles with exceptional detail. 4DReplay's systems enable remote control and synchronization of high-speed visual processing, providing clients with the capability to deliver immersive video experiences across various platforms, including mobile devices. The company's focus on innovative video production techniques positions it as a leader in enhancing the way audiences engage with sports and events.
OGQ
Series A in 2017
OGQ operates a social creators platform that connects a diverse range of creators, including photographers, musicians, illustrators, and video artists, with fans and consumers. With a community of approximately 14 million creators, the platform allows users to sell their works and access a wide variety of content such as images, videos, music, stickers, and fonts. The platform has seen significant global engagement, with 240 million app downloads and 2.6 billion pieces of content downloaded across various formats, including high-definition wallpapers and graphics. Users from countries like the United States, India, and Russia comprise about 30% of its audience. OGQ supports content in 30 languages and offers its resources to messengers and search platforms worldwide, distinguishing itself with a high user rating on app stores.
Crowdworks
Seed Round in 2017
CrowdWorks, Inc. operates an online crowdsourcing platform designed to enhance the artificial intelligence (AI) workflow by providing high-quality training data for machine learning applications. Based in Seoul, South Korea, the company specializes in collecting, strengthening, and structuring learning data for various forms, including images, text, voice, and survey responses. With a network of approximately 500,000 qualified labelers, CrowdWorks aims to improve the accuracy of human-generated data, thereby accelerating the machine learning process. Its platform incorporates Auto-ML features, allowing AI development to be more efficient. Over 430 leading AI companies have utilized CrowdWorks' solutions to expedite the training and deployment of advanced AI services.
Mesh Korea
Series D in 2017
Mesh Korea is an IT-based logistics startup, which established Korea's first last-mile logistics network and became the primary provider of integrated logistics services with in-house logistics solutions. VROONG, Mesh Korea's logistics brand, creates new value not only by providing delivery services, but also by connecting information. Currently, VROONG provides four services; premium delivery services, 'VROONG Prime', integrated logistics management solution, 'VROONG TMS', premium fresh food delivery services, 'VROONG Fresh', and premium delivery magazine, 'VROONG Collection.' With more than 80 VROONG Stations and 13,000 riders across the nation, VROONG provides faster and more accurate delivery services.
Syte
Series A in 2017
Syte is a technology company based in Tel Aviv that specializes in visual AI solutions aimed at enhancing online shopping experiences. Its product discovery platform enables retailers to improve site navigation and product discovery through features like camera search, augmented site search, and personalized recommendations. By allowing shoppers to take photos of products they find inspiring, Syte's technology helps them locate visually similar items on retail websites. The platform also includes smart merchandising tools that enhance the overall shopping experience, driving engagement and revenue for businesses. Since its establishment in 2014, Syte has raised $71 million from a variety of investors, underscoring its position in the market as a leader in visual search technology for fashion retail.
Xerox Research Center Europe
Acquisition in 2017
One out of four Xerox Research Centers. The Europe branch specialized in AI, machine learning, computer vision and language processing.
Mirae Asset
Post in 2017
Mirae Asset is a global investment firm founded in Asia in 1997, with operations spanning 12 countries, including Australia, Hong Kong, and the United States. The company focuses on identifying quality global assets and innovative companies through localized strategies and comprehensive research. It offers a range of services, including traditional equity and fixed income products, exchange-traded funds, and alternative investment strategies such as hedge funds. In addition to asset management, Mirae Asset also operates a real estate development and consulting division that provides property management services. The firm aims to deliver insightful financial strategies that cater to a diverse clientele, ultimately contributing to a secure retirement for its customers through effective global asset allocation and investment methods.
LetinAR
Seed Round in 2017
LetinAR Co., Ltd., founded in 2016 and based in Seoul, South Korea, specializes in developing augmented reality (AR) smart glasses. The company has introduced a pioneering technology known as PinMR™ lens, which addresses common issues in existing AR products, such as bulkiness, high costs, and limited functionality. By utilizing proprietary pin mirror technology, LetinAR's smart glasses reflect light from a microdisplay and guide it into the wearer's pupils through a unique pinhole effect. This innovation enhances optical control during augmented reality experiences, allowing for designs that closely resemble traditional eyeglasses while improving wearability and usability.
Orfeo SoundWorks
Seed Round in 2017
Orfeo SoundWorks is an engineering-driven research & development company that designs audio devices to provide high quality sound and uninterrupted communications to its customers. Founded in 2015 in Korea, the company now has offices in the United States and South Korea. Its business domain splits into premier noise-blocking Bluetooth earphones and B2B audio solutions.
NimbleRx
Venture Round in 2017
Provider of on demand drug delivery platform intended to create a better experience for patients at a lower price. Nimble partners with pharmacies nationwide to provide prescription delivery, as well as a mobile app for patients to manage and review prescriptions/orders from their phone.
YG Entertainment
Post in 2017
YG Entertainment Inc. is a South Korean talent development and production company founded in 1996 by Yang Hyun Suk. Originally named Hyun Entertainment, it rebranded to YG Entertainment in April 2001. The company has played a significant role in popularizing hip-hop music in Korea and has been the launching pad for numerous successful artists, including BIGBANG and 2NE1, as well as earlier acts like JINUSEAN and 1TYM. YG Entertainment not only focuses on music but also provides content services and manages a diverse roster of artists and actors, fostering a collaborative environment that encourages the exchange of ideas in music, fashion, art, and culture. The company's unique approach has made it a prominent figure in the South Korean entertainment industry.
SoundHound AI
Series D in 2017
SoundHound Inc. specializes in voice-enabled artificial intelligence and conversational intelligence technology solutions. The company offers several products, including Hound, a voice-enabled search engine for information, entertainment, and communication, and SoundHound, a music search and discovery service that identifies songs and provides access to music content. Additionally, SoundHound provides Houndify, a platform that facilitates understanding of both text and voice inputs, offering advanced speech recognition and natural language understanding capabilities. This technology supports context-aware and complex queries, enhancing user interactions. Founded in 2005 and originally known as Melodis Corporation, SoundHound Inc. is headquartered in Santa Clara, California, with additional offices in major cities across the United States, Canada, and Japan. The company is committed to helping brands create customized conversational experiences, improving customer engagement through natural voice interactions across various industries.
Open Gallery
Venture Round in 2017
Open Gallery aims to be a communication space between art and the public. The company introduces works of competent domestic artists and display their works in various spaces with reasonable price rental method.
UrbanPlay
Seed Round in 2016
UrbanPlay Inc. is a South Korean company established in 2013 that focuses on creating content related to urban culture. It collects and processes both tangible and intangible content, providing a platform for users to explore urban issues in innovative ways. The company offers a variety of services including online platforms, regional projects, multimedia, publications, and community spaces, all aimed at fostering a sustainable urban cultural ecosystem. UrbanPlay designs emotional city experiences by addressing urban challenges through accessible technology, while also providing real estate content services that include local marketing, merchandise, and publishing. This approach enables users to engage with their neighborhoods in a content-oriented manner.
Mindslab
Series B in 2016
Mindslab is an artificial intelligence application platform.
Vendys
Series A in 2016
Vendys Inc. is a South Korean company that specializes in mobile meal management solutions for office workers. Founded in 2013 and based in Seoul, Vendys provides a platform that facilitates the development of mobile food stamps, meal coupons, and discount promotions. The company's services are designed to enhance employee engagement and streamline meal management for organizations. By partnering with local restaurants, Vendys enables employers to offer convenient dining benefits, thus promoting a better dining culture within the workplace. The company’s innovative approach supports staff welfare and enhances the overall experience of employees during their workday.
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