Shinhan Venture Investment

Shinhan Venture Investment, established in 2000 and based in Seoul, South Korea, is a venture capital firm that specializes in early-stage and later-stage investments. The firm targets opportunities in various sectors, including healthcare, gaming, industrials, power, energy, consumer goods, and retail. It is particularly focused on addressing emerging megatrends such as the aging population, disruptive technologies, IT convergence, and alternative energy. By leveraging these trends, Shinhan Venture Investment aims to support innovative companies and contribute to their growth.

Jae Ho Cho

Managing Director

Donghwan Kim

Senior Managing Director, Private Equity and Fund Manager

Jinsoo Lee

Head of Global Investment

Ho-Jun Lee

Senior Managing Director

Jeong-Hee Ha Ph.D

Managing Director

Past deals in South Korea

Novelty Nobility

Series C in 2024
Novelty Nobility is a biotechnology company specializing in the research and development of antibody-based therapeutics targeting novel angiogenesis factors. The company focuses on ophthalmology and oncology, aiming to address unmet medical needs through innovative treatments.

Parameta

Venture Round in 2024
Parameta is a technology company specializing in blockchain solutions, focused on delivering comprehensive technical support for leading global blockchain initiatives. Established in 2016 and headquartered in Seoul, South Korea, Parameta enhances the functionality and security of existing blockchain platforms. The company leverages its proprietary technologies, including SCORE Smart Contract, LFT Algorithm, and modular architecture, to optimize scalability and maximize the utility of blockchain applications. Through these innovations, Parameta aims to facilitate the implementation and execution of efficient blockchain systems across various industries.

Habit Factory

Series C in 2023
Habit Factory is a South Korean company that specializes in application software designed to analyze users' consumption patterns and financial data. By leveraging big data analytics, the company helps individuals understand their spending habits and encourages savings. Habit Factory also offers an insurance analysis platform that allows users to search for insurance policies using their phone numbers or credit card information. This platform aims to enhance the customer experience in financial services by providing personalized insights and recommendations based on users' financial behaviors. Through its innovative solutions, Habit Factory empowers users to make informed financial decisions.

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.

HEYBIT

Venture Round in 2023
HEYBIT offers advisory services for cryptocurrency investments through its online platform. Based in Seoul, South Korea, it provides quantitative trading strategies and risk management tools.

CMS

Venture Round in 2022
CMS is a manufacturer specializing in the production of non-metallic mineral products. Headquartered in Yongin, South Korea, CMS conducts research, development, and production of civil engineering and construction materials. Their focus lies in introducing eco-friendly new products, enhancing the quality of existing offerings, and implementing product development. CMS is committed to providing clients with the production and delivery of road paving materials, meeting their specific needs and requirements.

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.

Spark Biopharma

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

Netmarble

Post in 2022
Netmarble Games Corp., established in 2000 in South Korea, is a leading mobile gaming company known for its innovative game development and publishing. Recognized as the fastest-growing mobile game company in Asia, it consistently ranks among the top mobile developers and publishers globally. The company has produced several successful titles, including MARVEL Future Fight, Seven Knights, and FishingStrike, which have garnered significant popularity among players of all ages. In addition to its strong portfolio, Netmarble holds a major stake in SGN, a prominent casual game developer, and has formed strategic partnerships with notable companies such as CJ E&M Corporation, Tencent Holdings, and NCsoft. Through these collaborations, Netmarble continues to enhance its offerings and expand its reach in the competitive gaming market.

Barogo

Series C in 2021
Founded in Seoul, South Korea in 2014, Barogo operates a last-mile delivery platform that connects businesses and customers. It specializes in two-wheeled logistics, primarily focusing on food delivery services by partnering with various food outlets.

Gencurix

Venture Round in 2021
Founded in 2011, Gencurix is a South Korean company specializing in the development of molecular diagnostic products to support precision medicine. Its portfolio includes prognostic tests for breast cancer (GenesWell BCT) and lung cancer (GenesWell ddEGFR Mutation Test), as well as companion diagnostics for lung cancer.

Studio Samick

Seed Round in 2021
Studio Samick Co Ltd is a South Korean company based in Seoul that specializes in e-commerce services for home and office furnishings. It offers a diverse range of products, including beds, mattresses, sofas, wardrobes, and body pillows, which are designed and planned in-house. The company focuses on online distribution and manages the logistics of its supply chain, ensuring a streamlined delivery process by coordinating between manufacturing partners and logistics providers. This approach allows Studio Samick to maintain just-in-time production and timely delivery for its customers.

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.

DearU

Venture Round in 2021
DearU is a software development company founded in 2017 and headquartered in Seoul, South Korea. The company offers a variety of applications, including Lysn, Bubble, and Everysing, which cater to different user needs. Through its innovative software solutions, DearU aims to enhance user engagement and provide unique digital experiences.

Watcha

Venture Round in 2020
WATCHA, Inc. is a South Korean company founded in 2011 and headquartered in Seoul, specializing in online interactive media services. It initially gained popularity as a movie review application, becoming a favorite in Korea for its personalized recommendation technology. Users rate movies, allowing WATCHA to predict their preferences for unseen films. In addition to its review platform, WATCHA launched a subscription video-on-demand service called WATCHA PLAY in 2016, which offers a wide selection of movies and TV series accessible across various devices, including web browsers, mobile platforms, and smart TVs. The service is noted for its highly accurate content recommendations, with a significant portion of consumed content driven by these suggestions. WATCHA has also expanded its presence internationally, having launched in Japan in 2015.

Ideahub

Seed Round in 2020
Ideahub Inc. is a professional services company specializing in patent monetization and intellectual property (IP) licensing. Founded in 2016 and headquartered in Seoul, South Korea, Ideahub offers a platform for the monetization of IP portfolios, along with licensing services and potential revenue analysis. The company's expertise spans various technology sectors, including the Internet of Things (IoT), industrial automation, telecommunications, audio technology, augmented reality (AR), virtual reality (VR), and video entertainment. Through its comprehensive services, Ideahub seeks to facilitate the effective commercialization of patents and intellectual property.

Novelty Nobility

Series A in 2020
Novelty Nobility is a biotechnology company specializing in the research and development of antibody-based therapeutics targeting novel angiogenesis factors. The company focuses on ophthalmology and oncology, aiming to address unmet medical needs through innovative treatments.

CSK

Venture Round in 2020
CSK Inc. is a manufacturer specializing in products for the semiconductor and LCD industries, with operations in Asia, America, and globally. Founded in 1997 and headquartered in Yongin, South Korea, the company develops a range of solutions including plasma and wet scrubbers, thermal and wet scrubbers, and burn and wet combination scrubbers designed to purify harmful gases generated during semiconductor manufacturing. Additionally, CSK provides precursor delivery systems aimed at waste gas abatement. The company also serves the South Korean markets for display, solar, and LED technologies, positioning itself as a key supplier of exhaust management systems. As of August 2016, CSK operates as a subsidiary of Atlas Copco AB.

Wadiz

Series C in 2019
Founded in 2012, Wadiz is a South Korean crowdfunding platform headquartered in Seongnam. It facilitates venture capital, equity, and product crowdfunding across various industries.

DeepSearch

Series C in 2019
DeepSearch, Inc. is a financial research company based in Seoul, South Korea, founded in 2013. It operates a comprehensive research platform designed for individual investors, providing them with essential financial information and analytical tools. The company offers various solutions, including DeepSearch, an online platform that delivers financial data and analysis; SNEK, which aids users in evaluating companies; and DDI Alerts, a service that helps users anticipate risks and make timely decisions to mitigate them. Additionally, DeepSearch features an Index solution that allows users to create customized investment indices, enhancing their investment strategies. The company's goal is to empower individual investors with the tools required for informed decision-making in the financial markets.

SCM Lifescience

Series C in 2018
SCM Lifescience, founded in 2014, focuses on the research and development of innovative treatment options for challenging diseases. The company utilizes proprietary technologies for stem cell isolation and production, aiming to create new therapies that offer hope to patients and contribute to overall human welfare. Based in South Korea, SCM Lifescience is also involved in developing medicinal products and hair care solutions, leveraging its expertise in stem cell applications to address various health-related needs.

Thingsflow

Seed Round in 2018
Thingsflow Inc., founded in 2017 and based in Seoul, South Korea, specializes in artificial intelligence-based chatbot technology under the brand name HelloBot. The company develops a platform that creates character chatbots designed to engage users through interactive conversations. These chatbots encompass various personas, including those focused on love, fortune-telling, and even anger, providing personalized relationship advice and comfort to users. By leveraging advanced AI capabilities, Thingsflow aims to enhance digital interactions across multiple platforms, offering users a unique blend of companionship and support through conversational experiences.

Ensol Biosciences

Series C in 2018
Ensol Biosciences Inc. is a biopharmaceutical company based in Daejeon, South Korea, specializing in the development of innovative therapies for serious conditions with limited treatment options, including degenerative disc disease, osteoarthritis, various cancers, Alzheimer's dementia, and type 1 diabetes. The company's drug pipeline features several candidates in clinical trials, such as Peniel 2000 for degenerative disc disease and Engedi 1000 for osteoarthritis. Additionally, it is advancing treatments like Charis 1000 for triple negative breast cancer and Moriah 1000 for Alzheimer's disease. Ensol Biosciences also provides contract drug development services, encompassing chemistry, manufacturing, and controls, alongside its Knowledge-based In Silico Drug Discovery platform for identifying new therapeutic candidates. Founded in 2001 and previously known as Ensoltek Co., Ltd., Ensol Biosciences is committed to addressing unmet medical needs through its research and development initiatives.

Bithumb

Venture Round in 2017
Bithumb is a prominent cryptocurrency exchange platform based in South Korea, operated by BTC Korea.com Co. Ltd. The platform specializes in trading a variety of cryptocurrencies, with a particular focus on ether, the currency of the Ethereum network, which has gained significant popularity in the region. Bithumb offers users the ability to engage in real-time trading and provides live price updates, ensuring a secure and transparent trading experience. Through its comprehensive financial services, Bithumb aims to facilitate seamless transactions for traders in the rapidly evolving digital currency market.

KoMiCo

Venture Round in 2017
KoMiCo manufactures semiconductor components and provides cleaning and coating services for device industries, including semiconductors, displays, and solar-photovoltaic products. Founded in 1996 and based in Anseong, South Korea, it operates in South Korea, the United States, China, Taiwan, and Singapore. The company refurbishes, cleans, and coats parts used in semiconductor manufacturing to extend their life and reduce maintenance costs. It was an early entrant in Korea, introducing commercial cleaning and coating services for semiconductor parts and offers technologies tailored to customers' processing needs.

StradVision

Seed Round in 2017
Founded in 2014, StradVision develops perception algorithms for advanced driver assistance systems and autonomous vehicles. Its core product, SVNet, enables external vehicle perception through various platforms to detect and recognize objects, while SVNet Internal monitors driver and passenger status for personalized vehicle settings. StradVision's Auto Labeling Tool automates object annotation for efficient data processing. With headquarters in San Jose, USA, and R&D centers globally, the company is renowned for its high-performing machine learning algorithms and extensive patent portfolio.

Medical IP

Venture Round in 2017
Founded in Seoul, South Korea in 2015, Medical IP specializes in developing artificial intelligence-driven platforms for analyzing and utilizing medical image data. Its primary products are MEDIP, an AI-powered 3D modeling platform, and ANATDEL, a solution used for simulated surgical simulation and patient-oriented 3D printing.

Pearl Abyss

Venture Round in 2016
Pearl Abyss Corp. is a South Korean game development studio founded in 2010 and headquartered in Anyang, near Seoul. The company is best known for creating Black Desert Online, a next-generation sandbox MMORPG that has garnered significant attention in the gaming community. In addition to game development, Pearl Abyss engages in game publishing, the development and sale of online game server and network engines, and provides related server and line services. The company is recognized for its talented and experienced team, contributing to its reputation in the gaming industry.

Doosan Fuel Cell

Venture Round in 2016
Doosan Fuel Cell Co., Ltd. is a South Korean company that specializes in the development and distribution of power generation fuel cells. Founded in 2019 and headquartered in Iksan-si, the company primarily offers its M400 fuel cell, which generates approximately 440 kW of power and heat. These fuel cells are utilized in various applications, including power plants, refrigerated warehouses, large buildings, and hot springs, as well as in natural gas, LPG, and hydrogen projects. Doosan Fuel Cell is recognized for manufacturing stable and efficient fuel cells that contribute to clean energy solutions.

TCE Corporation

Private Equity Round in 2016
TCE Corporation is a textile manufacturer based in Busan, South Korea, established in 1956. The company specializes in producing a wide range of fabrics, including cotton, blended materials, corduroy, velveteen, denim, and various stretch fabrics, catering to the needs of the textile industry. In addition to its production capabilities, TCE Corporation offers woven fabrics and maintains a sales office in Seoul. The company also has international offices in Shanghai, China, and New York, New York, facilitating its global reach in the textile market.

RFHIC

Venture Round in 2016
RFHIC Corporation is a South Korean company specializing in the design, manufacture, and sale of radio frequency (RF) and microwave components for various sectors, including broadcasting, telecommunications, and defense. Established in 1999 and headquartered in Anyang, RFHIC offers a diverse range of products, including MMICs, gallium nitride (GaN) power transistors, amplifiers, and microwave generators, which are utilized in applications such as base stations, small cells, radar systems, and communication networks. The company leverages advanced GaN technology to provide solutions for both commercial and military radar, as well as for industrial, scientific, and medical applications. RFHIC is committed to delivering high-performance components that meet the evolving demands of wireless infrastructure and related industries.

Gonggames

Venture Round in 2016
Gonggames, Corp. is a mobile game developer based in Seongnam City, South Korea, founded in 2012. The company specializes in creating 3D baseball games for the mobile market. Its notable titles include Esamanru 2019, MLB PI 2019, CPBL Rise, and Esamanru Screen Baseball. Through its innovative approach to game development, Gonggames aims to engage baseball fans and mobile gamers alike.

UBmaterials

Venture Round in 2016
UBmaterials produces nanomaterials specifically designed for the semiconductor sector. UBmaterials, established in 2012 and headquartered in Gyeonggi-do, South Korea, provides a range of products tailored for the semiconductor industry. Among its offerings are tungsten and nano-colloidal ceria slurry, which are utilized in the comprehensive metabolic panel (CMP) procedure. The non-colloidal ceria slurry possesses non-abrasive characteristics and is suitable for the production of NAND gates and flash memories.

NBT

Series B in 2015
NBT Partners is a Korean company established in 2012 and based in Seoul, specializing in mobile and online platform development services. The company offers a range of products, including Cache Slides, an application designed to verify information during shopping activities through a slide unlock screen. Additionally, NBT Partners has developed Baobab Class, an online platform that delivers personalized educational content tailored to users' needs. The company focuses on creating customized accumulation systems and leveraging knowledge-based technology to enhance user experiences based on their preferences.

OTD

Seed Round in 2014
OTD is an operator of multi-brand gourmet restaurants located in office buildings and shopping malls throughout South Korea. The company specializes in creating food courts that offer a diverse selection of dining options, catering to a wide range of tastes. By providing quality food at affordable prices, OTD aims to serve the general public, making dining accessible and enjoyable in various urban settings.

Pharmicell

Private Equity Round in 2014
Pharmicell is a South Korean biotechnology company specializing in the development and manufacture of biopharmaceutical medicines derived from stem cells. Its primary focus lies in creating therapeutic drugs using mesenchymal stem cells for various indications such as heart disease, brain/nerve disorders, pulmonary diseases, liver diseases, graft-versus-host disease, kidney transplant, impotence, and critical lower limb ischemia. Additionally, Pharmicell produces stem cell-based cosmetics.

Paycoms

Venture Round in 2014
PayComs is a company based in Seoul, South Korea, that specializes in payment confirmation systems. It develops comprehensive payment solutions aimed at enhancing transparency and fairness in transaction relationships between public institutions, large corporations, and small to medium enterprises (SMEs). By focusing on the integrity of transactions, PayComs supports companies in establishing trust and cooperation within their business dealings, thereby fostering a more equitable environment for all parties involved.

SYSMATE

Venture Round in 2013
SYSMATE functions as a supplier and developer of web solutions. SYSMATE, established in 2009 and headquartered in Seoul, South Korea, provides a diverse range of solutions. These include a turn-waiting system, network-based solutions, EDUMATE, USB-based solutions, and various others.

Taesung

Venture Round in 2013
Founded in 2000, Taesung specializes in manufacturing wet-type equipment for printed circuit board (PCB) production. Its product range includes level scrubbers, copper powder filters, and ceramic brushes, serving both domestic and international PCB manufacturers.

Hyosung D&P

Venture Round in 2013
Hyosung D&P is engaged in the production of diamond-cutting tools and industrial tools. Established in 2009, Hyosung D&P is headquartered in Incheon, South Korea.

Entropy

Venture Round in 2010
Entropy exports smartphones and tablets and is currently supplying a number of products to North and South America, and the European region. Founded in 2006 and headquartered in Seoul, Korea, Entropy Tech Inc. aims to establish itself as a dependable IT company and a worldwide leader in delivering top-notch products and services to customers. Their vision is to prioritize customer satisfaction and provide high-quality solutions on a global scale.

Novarex

Funding Round in 2009
Novarex Co., Ltd., founded in 2008 and headquartered in Cheongju, South Korea, specializes in the development and production of health functional foods and raw materials. The company offers a diverse range of dietary supplements, including lactic acid bacteria, probiotics, omega-3 products, and vitamins and minerals. Novarex provides various formulations such as tablets, hard capsules, powders, gummy jellies, and stick jellies, catering to different health needs, including eye health, dietary management, and support for pregnant women and children. Formerly known as Health Science Co., Ltd., Novarex rebranded in November 2011 to reflect its commitment to health and nutrition on both domestic and international markets.

Mobile Appliance

Venture Round in 2008
Mobile Appliance, Inc. is a South Korean company specializing in the design, development, and manufacture of automotive safety and infotainment solutions. Founded in 2004 and headquartered in Anyang, the company supplies a range of products including black boxes, car DVRs, radars, and dash cameras, as well as head-up display devices and personal navigation systems. Mobile Appliance also focuses on advanced driver assistance systems, offering features such as lane departure alerts, collision warnings, car distance information, traffic sign recognition, high beam control, and drowsiness alerts. Additionally, the company provides connected car and Internet of Things solutions, catering to automobile manufacturers globally.

Optrontec

Venture Round in 2008
Optrontec Inc. is a South Korean company operating in the optoelectronics industry, specializing in the development and manufacture of optical components. Founded in 1989 and headquartered in Changwon, the company produces a range of products including image sensing optical filters—such as reflective blue and absorptive IR cut-off filters, band pass filters, and absorptive film filters—suitable for applications in visible light, biometrics, and facial recognition. Additionally, Optrontec offers various optical lenses, including focus lenses and trifocal lenses, which serve industries such as automotive, life sciences, and defense. The company also provides modules and systems, including infrared filter assemblies and components for mobile cameras. Through its diverse product offerings, Optrontec supports advancements in imaging and sensing technologies across multiple sectors.

Lumens

Venture Round in 2008
Lumens Co Ltd is a South Korea-based company specializing in the development, manufacturing, and sale of various light-emitting diode (LED) products. The company offers a diverse product portfolio that includes LED backlight modules for LCD televisions, lighting solutions, automotive LEDs, and chips on board. With a focus on innovation and quality, Lumens plays a significant role in the LED industry, providing essential components for both consumer electronics and automotive applications.

Angiolab

Venture Round in 2008
Founded in 1999, Angiolab is a South Korean biotechnology company focused on developing medicines with angiogenesis inhibitors to treat various diseases. Its pipeline includes AL101 for non-alcoholic steatohepatitis (NASH), otitis media with effusion, periodontitis, psoriasis, age-related macular degeneration, abnormal obesity, and cancer.

RadioPulse

Venture Round in 2007
RadioPulse Corporation is a fabless semiconductor company based in Seoul, South Korea, specializing in wireless solutions. Founded in 2003, the company offers a range of products including low-power single-chip radio transceivers, system-on-chips with embedded voice codecs and channel coding, and other single-chip solutions. These products are utilized in various applications such as smart grids, home networks, building automation, industrial automation, wireless sensor networks, AMR (Automatic Meter Reading), and more. RadioPulse serves markets including telecommunications, automotive, and high technology through sales representatives across multiple countries. The company operates a research and development center in Seoul.

Zenith World

Venture Round in 2007
Zenith World is a manufacturer of industrial supplies located in Jincheon, South Korea. The company specializes in the production of electrostatic chucks, coatings, machining, and cleaning products. It plays a significant role in parts manufacturing and precision cleaning, serving various industries by providing cost-effective solutions for coating and processing needs. Through its diverse range of products, Zenith World enables businesses to enhance their manufacturing processes while maintaining affordability.

Windysoft

Venture Round in 2006
Windysoft specializes in the development of free-to-play games originating in South Korea. Windysoft, a renowned game developer, has an impressive list of games under its belt. Among their notable titles is "Infinity," a fantasy game released on 10/12/06, offering free gameplay with an optional item mall. This game has received a rating of 6.5. Another popular creation by Windysoft is "Rusty Hearts," developed in collaboration with Perfect World Entertainment. Released in 2011, this game falls under the action genre and has gained significant recognition in the gaming community. Windysoft continues to thrive in the industry, delivering captivating gaming experiences to its players.

RN2 Technologies

Venture Round in 2006
RN2 Technologies Co., Ltd., established in 2002 and headquartered in Hwaseong, South Korea, specializes in the design and manufacture of advanced electronic components. The company focuses on producing high-quality multilayered electric circuits using materials such as LTCC, HTCC, AlN, and ferrite. Its product portfolio includes LTCC powder, various types of couplers, combiners, terminations, delay lines, dividers, chip antennas, attenuators, quadrifilars, and foundry services for LTCC/HTCC/HIC substrates. RN2 Technologies serves the electronics industry by providing reliable ceramic chips and other electronic components.

Mezzion Pharma

Venture Round in 2006
Mezzion Pharma Co., Ltd. is a pharmaceutical company based in Seoul, South Korea, specializing in the development, licensing, and commercialization of drugs aimed at treating vascular diseases. The company focuses on Udenafil, a PDE5 inhibitor designed for various medical conditions including erectile dysfunction, benign prostatic hyperplasia, pulmonary arterial hypertension, overactive bladder, hepatic portal hypertension, and chronic obstructive pulmonary disease. Founded in 2002, Mezzion Pharma was previously known as Dong-A Pharmtech Co., Ltd. before rebranding in April 2013.

TechWing

Venture Round in 2006
TechWing, Inc. is a South Korean company that specializes in developing and selling semiconductor test handling solutions. Founded in 2002 and headquartered in Hwaseong, TechWing focuses on manufacturing various test handlers, including memory test handlers, logic test handlers, and module handlers, which are essential for the testing processes in semiconductor production. The company also provides test boards that facilitate the connection of electrical signals between handlers and testers. In addition to its core offerings, TechWing develops factory automation systems and equipment for evaluating and inspecting OLED and LCD displays. With a reputation for its innovative memory and flash test handlers, TechWing serves a critical role in the semiconductor industry.

Steel Flower

Venture Round in 2006
Steel Flower Co., Ltd. is a manufacturer and supplier of submerged arc welded pipes, established in 1999 and headquartered in Busan, South Korea. The company specializes in producing heavy-wall-thickness steel pipes for a variety of applications, particularly in offshore and construction projects. With a focus on quality, Steel Flower has developed significant production capabilities in Korea, notably a facility in Sunchon dedicated to efficient pipe manufacturing, ensuring adherence to major specifications such as API 5L and API 2B. In addition to its core products, Steel Flower offers a diverse range of steel solutions including carbon and alloy steel pipes for various structures and environments, alongside products for the defense industry, transportation, and energy sectors. The company's extensive portfolio further includes advanced engineering solutions for 3D building panels and machinery for multiple industrial applications, showcasing its position as a prominent player in the steel manufacturing industry.

Koh Young Technology

Venture Round in 2006
Koh Young Technology Inc. is a South Korean company specializing in the development, manufacture, sale, and service of 3D measurement and inspection solutions aimed at optimizing manufacturing processes. Established in 2002 and headquartered in Seoul, Koh Young offers a range of products, including solder paste inspection, automated optical inspection, semiconductor inspection, and machining optical inspection equipment. These solutions are designed to enhance quality control and process efficiency across various industries, such as smart devices, automotive electronics, telecommunications, military, healthcare, and semiconductors. The company leverages advanced technologies, including artificial intelligence, to support innovative manufacturing environments.

MEMS Solution

Venture Round in 2005
MEMS Solution, Inc. is a South Korean company based in Yongin, founded in 2001, that specializes in the development and manufacturing of advanced radio frequency (RF) components. The company's product lineup includes film bulk acoustic resonator (FBAR) duplexers, bandpass filters (BPF) for mobile communication, RF MEMS switches, and low G accelerometers. Additionally, MEMS Solution provides foundry services, enhancing its capabilities in the semiconductor industry. As of September 2017, MEMS Solution operates as a subsidiary of Skyworks Solutions, Inc., further strengthening its position in the RF technology sector.

Sawnics

Venture Round in 2004
Sawnics, Inc. is a South Korean company specializing in the design, production, and sale of surface acoustic wave (SAW) filters, which are essential components in mobile communication systems. Founded in 2000 and headquartered in Cheonan, the company offers a range of products, including duplexers, RF and IF SAW filters, and multimedia solutions for digital audio broadcasting and television. Sawnics also provides products for radio communications, such as WLAN, WLL, ISM band, and GPS applications, as well as satellite and munition communication filters for mobile devices. The company operates as a foundry, utilizing advanced piezoelectric single-crystal technology to manufacture its components, positioning itself as a key player in the RF filter market. As of January 2008, Sawnics is a subsidiary of Digital Graphics, Inc.

Sejong Materials

Venture Round in 2004
Sejong Materials Co., Ltd. is a South Korean company specializing in the manufacturing and sale of metal and alloy powders, getters, and coating materials. Founded in 1996 and based in Incheon, the company produces a diverse range of products, including zirconium, titanium, magnesium, chromium, manganese, aluminum, silicon, and antimony sulfide powders. Additionally, Sejong Materials offers getters designed for high vacuum applications, gas purifying, and vacuum insulation panels, as well as semiconductor and standard targets. The company also manufactures thermal spray coating powders that are utilized for heat-proof and wear-resistant applications. Sejong Materials operates as a subsidiary of Bros Holdings Co., Ltd.

NVH Korea

Venture Round in 2004
NVH Korea Inc. is a manufacturer and seller of automotive noise, vibration, and heat control parts, operating both in South Korea and internationally. Founded in 1984 and headquartered in Ulsan, the company specializes in a wide range of products designed to enhance vehicle comfort and performance. Its offerings include interior systems such as isolation dash pads, floor modules, and sound absorption pads; exterior systems like under covers and wheel guards; and overhead systems such as headliners and sun visors. Additionally, NVH Korea produces engine systems, door trims, and various thermal management components. The company's focus on quality and innovation positions it as a significant player in the automotive parts industry.

Gigalane

Venture Round in 2004
GigaLane Co., Ltd. is a South Korean company that specializes in the manufacture and sale of semiconductor equipment and radio frequency (RF) components. Founded in 2000 and headquartered in Hwaseong, the company produces a range of products, including DRIE etchers, ICP etchers, saw filter etchers, and nano imprinters, which are utilized in various applications such as LED, MEMS, and power devices. In addition to semiconductor equipment, GigaLane offers RF solutions, including connectors, cables, and antenna modules, with a focus on advanced 5G technologies for mobile communication and high-reliability applications in military and aerospace markets. The company also engages in trading semiconductor equipment and provides test solutions for semiconductor and OLED panels. Furthermore, GigaLane develops Internet of Things (IoT) solutions, encompassing hardware and software products aimed at enhancing monitoring and safety. Its global research and development and manufacturing capabilities enable GigaLane to deliver quality products and services effectively.

Kyung Nam Pharm

Venture Round in 2004
Kyung Nam Pharm Co., Ltd. is a South Korean pharmaceutical manufacturer based in Uiryeong, with an additional office in Seoul. Established in 1957, the company produces a wide range of products, including over-the-counter medications such as antipyretics, analgesics, and treatments for skin diseases and athlete's foot. Its offerings also include pain relief patches and creams, antitussives, gastro protective agents, and various vitamins and minerals. In addition to these, Kyung Nam Pharm manufactures prescription-only medicines, quasi drugs, and health functional foods aimed at promoting intestine health, weight loss, and stress relief. Originally known as HS Bio Pharm Co., Ltd., the company rebranded to its current name in May 2010, reflecting its commitment to providing diverse pharmaceutical solutions.

Zalman Tech

Venture Round in 2004
Zalman Tech Co., Ltd. is a South Korean company specializing in the manufacture and marketing of advanced PC cooling solutions. Founded in 1999 and based in Anyang, Zalman Tech has established itself as a leader in the industry by introducing the concept of "noiseless computing," which addresses the demand for quiet and efficient cooling systems. The company's product range includes FHS type CPU coolers, optimized cooling PC cases, laptop coolers, and various PC components such as gaming mice, mechanical keyboards, and audio devices. Zalman Tech is committed to innovation, continuously investing in research and development to enhance performance and craftsmanship. The company also diversifies its offerings with products like 2D/3D convertible LCD monitors and heatpipe cooled power supplies, all while providing robust customer support.

DreamWiz

Venture Round in 2004
DreamWiz Inc. is a Korean language entertainment and communication portal that offers a range of internet services. Founded in 1999 and based in Seoul, South Korea, the company provides free email, search functions, and various web services to enhance user experience. By focusing on entertainment and communication, DreamWiz serves as a central hub for online activities in Korea, catering to the needs of its users through an integrated platform.

Korchip

Venture Round in 2004
Korchip Corporation is a South Korean manufacturer and distributor of electronic components, specializing in energy storage devices. Founded in 1990 and headquartered in Anyang, the company produces electric double layer capacitors (EDLC) branded as STARCAP, which are utilized in diverse applications including hybrid vehicles, fuel cell vehicles, wind power, photovoltaic systems, and uninterruptible power supplies (UPS). In addition to EDLCs, Korchip develops and manufactures supercapacitor-type secondary batteries under the Chipcell Carbon brand and lithium-based small secondary batteries under the Chipcell Lithium brand. The company also distributes multilayer ceramic capacitors (MLCC), further solidifying its presence in the electronics industry. Korchip's commitment to innovation in energy storage technology positions it as a key player in the sector.

Dongbang Ship Machinery

Venture Round in 2004
Dongbang Ship Machinery is a Korean company that designs and manufactures parts for ships and provides repair services within the shipbuilding industry. It produces components for vessels, including plumbing-related items such as steel pipe spools, module units, and heating coils, as well as other ship parts.

Duckshin Housing

Venture Round in 2004
Duckshin Housing Co., Ltd. is a South Korean company engaged in the production and sale of steel products, both domestically and internationally. Founded in 1990 and headquartered in Seoul, the company specializes in manufacturing various types of deck plates, including speed decks, eco-friendly decks, and insulation decks, as well as decks for composite slabs. Originally established as Duckshin Steel Engineering Corporation, the company rebranded to its current name in 2006, reflecting its broader focus on housing solutions. Duckshin Housing is recognized for its innovative approach to deck manufacturing, offering a range of products that cater to diverse construction needs.

DSK

Venture Round in 2004
DSK Co., Ltd. is a South Korean company specializing in the development and supply of process equipment for the display factory automation industry. Founded in 1995 and headquartered in Ansan, the company offers a diverse range of products including PCB bonding machines, TAB and COF bonders, inspection and silicon dispensers, and various systems for laser marking and atomic layer deposition. DSK's equipment is primarily utilized in the production of flat panel displays (FPDs), solar cells, and secondary batteries, catering to manufacturers of liquid crystal displays, televisions, monitors, and notebooks. In addition to its core offerings for display technologies, DSK also manufactures medicines and biobetters using botulinum toxin, along with laser systems. The company was previously known as Dong Bang Fanics Corporation until its name change in 2008.

Hyundai BNG Steel

Venture Round in 2004
Hyundai BNG Steel Co., Ltd. is a South Korean manufacturer specializing in high-quality stainless steel products and automobile parts. Founded in 1966 and headquartered in Changwon, the company produces stainless cold rolled steel sheets and iron/aluminum precision sand casting parts tailored for various industries, including automotive, construction, IT, and electronics. Originally known as BNG Steel Co., Ltd., it adopted its current name in March 2011. Hyundai BNG Steel's products are utilized in diverse applications ranging from construction to electronic equipment, highlighting the company's versatility and commitment to quality.

Tamul Multimedia

Venture Round in 2004
Tamul Multimedia Co., Ltd is a South Korean company established in 1998, specializing in the design and development of semiconductor solutions. The company focuses on creating a wide range of products, including CD MP3 players suited for various applications, flash MP3 players tailored for digital audio needs, and application processors designed for MP4 players and digital photo frames. Additionally, Tamul Multimedia manufactures circuit boards for multimedia interfaces and develops products for Digital Audio Broadcasting (DAB). Its headquarters is located in Anyang, South Korea.

Ubiquoss

Venture Round in 2004
Ubiquoss Inc. is a South Korean company specializing in network equipment and information communication technology. Founded in 2000 and headquartered in Seongnam, the company offers a range of solutions, including VDSL2 for high-speed Internet access, FTTH for Giga Internet services, and mobile backhaul solutions that integrate both wired and wireless networks. Its product lineup includes 5G solutions, switches, as well as FTTx and xDSL offerings. Ubiquoss also provides various applications tailored for optical, copper line, campus, financial, data center, and enterprise environments. The company operates independently of Ubiquoss Holdings Inc. since March 2017.

LX Semicon

Venture Round in 2004
LX Semicon Co Ltd is a South Korean company that specializes in the development, manufacturing, and distribution of semiconductors and semiconductor equipment. The company offers a diverse range of products across five main segments: TV solutions, IT solutions, mobile solutions, automotive solutions, and battery and lighting solutions. Its TV solutions include driver integrated circuits, timing controllers, and power management ICs. In the IT segment, LX Semicon provides advanced intelligent technology solutions, while its mobile solutions encompass mobile display driver ICs and fingerprint sensor ICs. The automotive segment features solutions for audio, video, navigation, and telematics, as well as LED lamp driver ICs. Lastly, the battery and lighting segment includes single-cell battery management ICs and wireless power ICs, positioning LX Semicon as a key player in the semiconductor industry.

Kosteel

Venture Round in 2004
Founded in 1977, Kosteel specializes in manufacturing a range of steel products, including low-carbon steel wire rod, deck plate, steel fiber, and steel bars. Headquartered in Seoul, South Korea, the company operates facilities in Pohang, Eumseung, Gwangju, and Vietnam. Kosteel's products are renowned for their machinability, ductility, and toughness, serving clients across construction, engineering, and automobile sectors.

Daewoo Electronic Components

Venture Round in 2004
Established in South Korea, Daewoo Electronic Components specializes in the manufacturing and distribution of automotive electronic components such as voltage regulators, ignition modules, motor drives, brake transmission shift interlock systems, and aluminum electrolytic condensers.

KENSCO

Venture Round in 2004
KENSCO is a dedicated chemical manufacturer that specializes in the production and distribution of a wide range of chemical products. In September 1998, KENSCO was established as a corporation with a clear mission of "localization for every chemical used in the PCB industry." To kickstart their operations, they utilized the exceptional experimental facilities available at a start-up nurturing center within Kyungpook National University and embarked on continuous research and development efforts. Their dedication yielded positive results, and by December of the same year, KENSCO began supplying their products to prominent clients like Samsung Electro-Mechanics. Leveraging their proprietary technology, they have since been providing excellent products to a diverse range of customers, including IsuPetasys, KCC, LG Electronics, and others. KENSCO's commitment to innovation and development goes beyond these accomplishments. They have further focused on research and development, successfully localizing oxidizers for carbonizing treatment to shield electromagnetic waves, as well as UV hardening coating materials to protect Ag electrodes. These localized solutions are now being supplied to relevant companies in the industry, showcasing KENSCO's dedication to meeting specific needs and driving technological advancements.

DNA Link

Venture Round in 2004
DNA Link specializes in genomic services, offering next-generation sequencing, genotyping, and bioinformatics solutions. Established in Seoul, South Korea in 2000, the company focuses on research and development within the bio-industry and genomic analysis sectors.

Seochang Industrial

Venture Round in 2004
Seochang Industrial is active within the industry of Grocery and Related Product Merchant Wholesalers. Established on July 12, 1989, Seochang Industrial Co., Ltd. is a South Korean enterprise with its main office located in Sejong. Since its establishment in July 1989, Seochang Industrial (Corp) has pursued expansion with the guiding principle of "customer-centered quality management." The company specializes in the production of fruit concentrate and beverages. In 2013, the company obtained GMP (Good Manufacturing Practice) registration, ensuring the production of clean, safe, and high-quality products that meet rigorous standards to satisfy clients' expectations. Seochang Industrial (Corp) is committed to continuous improvement and aims to provide even better quality food products and promote healthy dietary options in the future. The company approaches its goals with integrity, diligence, and a spirit of adventure.

Oniontech

Venture Round in 2004
Oniontech is a provider of digital tax refund solutions based in Seongnam-si, South Korea. The company focuses on developing mobile application software designed to serve the global tax refund market. By specializing in digital tourism and payment solutions, Oniontech aims to deliver a secure and user-friendly experience for its clients.

Bioptro

Venture Round in 2004
Founded in 2000, Bioptro specializes in manufacturing and selling automation equipment for factory automation and measurement. Its primary products include multi-arrayed FPC/PCB testing equipment, touch films, and screw fastening systems.

KwangMyung Electric

Venture Round in 2004
KwangMyung Electric is a South Korea-based manufacturer of electrical equipment, including breakers, transformers, switchgear and automatic systems. It operates across four business sectors: Distribution Panel Sector, Construction Revenue Sector, Solar Power Generation System Sector, and Rental Sector. The company derives the majority of its revenue from the Distribution Panel Sector, which covers SWGR, GIS, system-related businesses and other activities.

Hyundai Advanced Materials

Venture Round in 2004
Hyundai Advanced Materials is a manufacturer based in Hwaseong-si, South Korea, specializing in engineering plastic compounding products for the automotive industry. Established in August 2005, the company has evolved to become a prominent player in the engineering plastics sector, focusing on innovative lightweight material technologies. Its product offerings include elastomers, technical resins, nano-morphology-controlled materials, and special-purpose materials. In addition to manufacturing, Hyundai Advanced Materials provides services such as computer-aided engineering, plastic part design, and molding trial support. Committed to technological advancements, the company aims to accelerate the development of high-performance materials and metal substitutes, thereby contributing to the promotion of lightweight vehicles for environmental preservation.

TLi

Venture Round in 2004
TLi Inc. is a semiconductor company based in Seongnam-si, South Korea, established in 1998. It specializes in the design and manufacture of display semiconductor products, focusing on timing controllers that process video signals and generate control signals for LCD panels. Additionally, TLi produces LCD Driver ICs and is involved in the provision of conflict minerals. The company operates within the semiconductor industry, supplying electronic integrated circuits both domestically and internationally.

GBM

Venture Round in 2004
GBM Inc. is a prominent South Korean company specializing in the development and manufacturing of weather measuring instruments and environmental solutions. Founded in 1993 and originally known as Gongbo Engineering, GBM focuses on industrial measurement and weather forecasting services. The company provides a range of products, including temperature-humidity meters, atmospheric pressure sensors, and dew point instruments, aimed at enhancing environmental monitoring and industrial applications. With a commitment to green growth, GBM continues to innovate and localize its offerings to meet the evolving needs of its clients in the environmental sector, thereby contributing significantly to future environmental information and solutions.

NewFlex Technology

Venture Round in 2004
Founded in 1992, NewFlex Technology specializes in manufacturing and selling a wide range of flexible printed circuit boards. Its products cater to diverse industries such as electronics, automotive, and consumer goods.

Bio Protech

Venture Round in 2004
Bio Protech Inc., established in 2000 and based in Wonju, South Korea, specializes in the manufacture and sale of medical supplies on a global scale. The company's product portfolio includes electrosurgical products such as smoke evacuation systems, various types of ESU pencils and adapters, and related accessories. Additionally, Bio Protech offers a range of electrocardiograph (ECG) electrodes designed for different ECG tests, including Telectrode, PRO-TAB, and PRO-NEO electrodes. The company also provides conductive interfaces like PROTENS for transcutaneous electrical nerve stimulators (TENS), OXI-PRO oxygen sensors, and pain relief devices such as MAXTENS 1000/2000 and MAXEMS 1000/2000. Furthermore, Bio Protech manufactures electrodes and cutaneous units.

Danal Company

Venture Round in 2004
Danal Co., Ltd. is a South Korean company that specializes in providing wired and wireless phone payment services. Established in 1997 and headquartered in Seongnam, the company offers a range of payment solutions, including mobile payments, credit card transactions, virtual accounts, and barcode payments. Danal also provides digital content services, such as ringtones and ring-back tones. Its operations are divided into four main divisions: Commerce, Contents, Media, and Internet. The Commerce division focuses on integrated payment solutions, mobile Internet billing, and online payment proxy services, and it extends its offerings to markets in China and Taiwan. Overall, Danal plays a significant role in the digital entertainment and payment landscape in Korea and internationally.

LTS

Venture Round in 2004
LTS is a trusted manufacturer of heat exchangers (Fin & Tube Assembly) for residential and industrial air conditioning systems. Since its establishment in December 1986, Samhoon Electronics has evolved into Samhoon Industrial Co., Ltd., specializing in automotive parts and mold processing. Notable milestones include the relocation of the factory to Pyeongtaek-si, Gyeonggi-do in February 1991 and the establishment of a second factory for fin & tube heat exchanger production in September 1996. The company received recognition as a promising small business by the Korea Institute of Science and Technology in April 1998 and as a promising advanced technology company by the Small and Medium Business Administration in May 1998. In July 1999, Samhoon Industrial Co., Ltd. relocated its headquarters to Hyeondeok-myeon, Pyeongtaek-si, Gyeonggi-do, and in June 2000, an affiliated research institute was established, showcasing the company's commitment to innovation. The acquisition of QS9000/ISO9002 certification in September 2000 further solidified their dedication to quality. In November 2001, the company changed its name to LTS Co., Ltd. and expanded its operations by acquiring the Asan Plant in July 2002. LTS Korea Co., Ltd. was established in Changnyeong, Gyeongnam in September 2003, further contributing to the company's growth. LTS Co., Ltd. achieved a significant milestone in June 2007 with the initiation of supply to LG Electronics for Fin & Tube heat exchangers. The company's expansion continued with the opening of the Seoul office in November 2007 and the establishment of Dotai Co., Ltd. in October 2010. Further international expansion took place with the establishment of LTS Saudi Corporation in Riyadh, Saudi Arabia, in May 2013, and Tianjin Shinsan Electronics Co., Ltd. in Tianjin, China, in June 2017. The move-in to The Signum House (Silver Town) marked another important step in LTS Co., Ltd.'s journey. Throughout its history, LTS Co., Ltd. has continuously evolved, innovated, and expanded, solidifying its position as a leader in the industry.

Nexia Device

Venture Round in 2004
Nexia Device Co., Ltd. is a non-memory semiconductor company based in Anyang, South Korea, specializing in the design and manufacture of multimedia semiconductor solutions. Founded in 2000 and formerly known as Mobile Doctor Co., Ltd., the company focuses on advanced semiconductor chips for various applications, including portable multimedia players and high-resolution displays. Nexia Device's product offerings include 2D-to-3D real-time image conversion chips, processing chips for digital voice recorders and language learning devices for children, and semiconductor solutions that enhance audio and video functions in home appliances such as air conditioners and washing machines. The company serves a diverse customer base both in South Korea and internationally.
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