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

Ho-Jun Lee

Senior Managing Director

Jeong-Hee Ha Ph.D

Managing Director

Past deals in South Korea

Parameta

Venture Round in 2024
Parameta is a technology company specializing in blockchain solutions, offering comprehensive technical support to prominent global blockchain projects. Founded in 2016 and based in Seoul, South Korea, Parameta focuses on enhancing the scalability and security of existing blockchain platforms. The company utilizes innovative technologies, including SCORE Smart Contract, LFT Algorithm, Tiered System, Multi-Channel, and Modular Architecture, to maximize the utility of blockchain applications across various industries. By creating optimized environments for blockchain implementation, Parameta aims to facilitate efficient operations and drive the adoption of distributed ledger technology.

Habit Factory

Series C in 2023
Habit Factory is a South Korea-based company that specializes in developing application software aimed at analyzing users' consumption patterns. By providing insights into spending habits, the company helps individuals understand their financial behavior and enhance their savings. Additionally, Habit Factory offers financial big data analytics solutions and has created a platform that simplifies the search for insurance policies using basic information such as a phone number or credit card. This platform not only analyzes users' financial data but also delivers personalized information and recommendations, thereby facilitating informed decision-making in financial services.

MangoBoost

Series A in 2023
MangoBoost specializes in advanced system solutions aimed at enhancing AI data center efficiency. The company's flagship product, the MangoBoost DPU, is designed to optimize AI infrastructure by ensuring compatibility with various GPUs, accelerators, and storage products. This solution effectively utilizes legacy infrastructure while providing a user-friendly network system. Founded in 2022, MangoBoost leverages a decade of prior research recognized at leading conferences, and its team comprises over 80 professionals, including system architects, software engineers, and FPGA/SoC engineers, many of whom possess PhDs from prestigious institutions and significant experience in the tech industry. The company has raised over 60 million dollars in funding and is actively expanding its operations in the United States, Canada, and South Korea.

Heybit

Venture Round in 2023
Heybit, Inc. is a financial services company based in Seoul, South Korea, specializing in advisory services for cryptocurrency through its online platform. The company offers a digital asset investment platform that focuses on managing risks associated with digital assets while optimizing revenue potential. Its software features a quantitative trading strategy, which analyzes various indicators and trading history to assist users in making informed investment decisions. Additionally, Heybit's services include a robo-advisor that aims to reduce the psychological burden of investment, particularly in Bitcoin, by providing data-driven insights and strategies.

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
ZigBang Co., Ltd. is a property listing platform and application based in Seoul, South Korea, which connects real estate agents with renters. Founded in 2010, the company operates a real estate marketplace that facilitates apartment hunting through its mobile and web platforms. Users can search for rental properties based on various criteria, including the number of rooms, occupants, and price. ZigBang has reported a user base of approximately 6 million, providing a comprehensive tool for individuals seeking rental accommodations while aiming to optimize their search and potentially reduce housing costs.

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
Barogo provides a last-mile delivery platform to clients in order to generate new and creative business opportunities. It focuses on the ecosystem of connectivity and connects all possible businesses and customers. It was founded in 2014 and is based in Seoul, South Korea.

Gencurix

Venture Round in 2021
Gencurix Inc. is a South Korean company specializing in the development of molecular diagnostic products that support precision medicine. Founded in 2011 and headquartered in Seoul, Gencurix offers a range of diagnostic kits aimed at improving cancer prognosis and treatment. Among its key products are the GenesWell BCT, a diagnostic kit for breast cancer, and several tests for lung cancer, including the GenesWell ddEGFR Mutation Test and the GenesWell CDx EGFR Mutation Test. These products are designed to aid in the detection of specific mutations, thereby enhancing the accuracy of cancer diagnoses and treatment options.

Studio Samick

Seed Round in 2021
Studio Samick, based in Seoul, South Korea, specializes in e-commerce services for home and office furnishings. The company offers a diverse range of products, including beds, mattresses, sofas, wardrobes, and body pillows, all designed and planned in-house. Studio Samick operates an online distribution model, managing the entire delivery process by coordinating between manufacturing partners and logistics providers to ensure timely production and delivery of its products.

SolarConnect

Series C in 2021
SolarConnect, Inc. is a company based in Seoul, South Korea, specializing in solar energy and information technology-based energy solutions. Founded in 2016, SolarConnect operates solar energy plants and provides installation services for solar panels in residential buildings and apartments. The company's expertise encompasses both the solar and energy industries, focusing on delivering innovative financial and IT solutions to enhance energy efficiency and sustainability.

DearU

Venture Round in 2021
DearU is a software development company based in Seoul, South Korea, founded in 2017. The company focuses on creating a variety of applications, including Lysn, Bubble, and Everysing, which cater to different user needs in the digital space. Through its innovative software solutions, DearU aims to enhance user engagement and provide valuable tools for communication and entertainment.

Watcha

Venture Round in 2020
WATCHA, Inc. is a South Korean company that specializes in online interactive media services, primarily through its movie and TV series recommendation application. Launched in 2012, WATCHA quickly gained popularity in Korea as a leading movie review app, leveraging personalized recommendation technology to suggest films based on user ratings. The platform not only offers extensive movie and TV show reviews but also includes WATCHA PLAY, a subscription-based video-on-demand service launched in 2016. This service is accessible on various devices, including web browsers, mobile applications, and smart TVs. With a strong focus on accurate content recommendations, WATCHA claims that 75% of the content consumed on its platform is based on user-generated recommendations. The company, headquartered in Seoul, has also expanded its offerings to Japan, enhancing its position in the competitive media landscape.

Ideahub

Seed Round in 2020
Ideahub Inc. is a professional services company specializing in patent monetization and intellectual property (IP) licensing and commercialization. Founded in 2016 and headquartered in Seoul, South Korea, Ideahub offers an IP licensing platform designed to help clients monetize their IP portfolios. The company provides a range of services, including licensing support and potential revenue analysis, focusing on various sectors such as the Internet of Things (IoT), industrial automation, telecommunications, audio technology, augmented and virtual reality, and video entertainment.

CSK

Venture Round in 2020
CSK Inc. is a manufacturer specializing in products for the semiconductor and LCD industries, with a presence in Asia, America, and other international markets. Founded in 1997 and based in Yongin, South Korea, the company provides exhaust management systems, including plasma and wet scrubbers that effectively purify harmful gases produced during semiconductor manufacturing. Additionally, CSK offers precursor delivery systems aimed at waste gas abatement. As of August 2016, CSK operates as a subsidiary of Atlas Copco AB, serving key sectors such as semiconductor, display, solar, and LED markets in South Korea.

Wadiz

Series C in 2019
Wadiz is a prominent crowdfunding platform in South Korea that specializes in both product and equity-based crowdfunding. It connects entrepreneurs and startups with potential investors, facilitating the funding of creative projects and innovative businesses. With a user base of 6.6 million members and 10 million monthly visitors, Wadiz has become a significant player in the crowdfunding landscape, managing over 18,000 projects annually and accumulating a transaction value exceeding $1 billion. Recognized as one of Korea's top game-changing brands, the platform enhances the entrepreneurial ecosystem by providing valuable opportunities for businesses to secure funding while allowing investors to engage with emerging companies at an early stage. Wadiz is preparing to go public on the Korean stock market, further solidifying its position in the industry.

DeepSearch

Series C in 2019
DeepSearch, Inc. operates a financial research platform designed for individual investors, delivering a range of tools and solutions for financial analysis. The company's primary offerings include DeepSearch, an online platform that provides comprehensive financial information and analysis, and SNEK, which assists users in evaluating companies. Additionally, the firm offers DDI Alerts, a service that helps users mitigate risks and make informed decisions quickly, and Index, a feature that allows users to create customized indices. Founded in 2013 and based in Seoul, South Korea, DeepSearch aims to empower individuals with the data and analytics needed to navigate the financial landscape effectively.

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. is a South Korean company founded in 2017, specializing in artificial intelligence-based chatbot technology. The company has developed a character chatbot brand known as HelloBot, which focuses on creating engaging and interactive chat experiences for users. Thingsflow's platform features various AI character chatbots, including those designed for love, fortune-telling, and other emotional interactions. These chatbots aim to provide comfort and personalized relationship advice, enhancing digital interactions across multiple platforms. By leveraging advanced AI technology, Thingsflow seeks to offer users a unique way to connect and communicate in the digital realm.

Ensol Biosciences

Series C in 2018
Ensol Biosciences Inc. is a biopharmaceutical company based in Daejeon, South Korea, focused on developing innovative therapies for diseases that currently lack effective treatments, including degenerative disc disease, osteoarthritis, cancer, type 1 diabetes, and Alzheimer's dementia. The company's drug pipeline features several candidates, such as Peniel 2000, which is undergoing Phase II clinical trials for degenerative disc disease, and Engedi 1000, currently in Phase I trials for osteoarthritis. Ensol also develops oncology drugs like Charis 1000 for triple negative breast cancer and Moriah 1000 for Alzheimer’s disease. In addition to its drug development efforts, the company offers contract drug development services and operates the Knowledge-based In Silico Drug Discovery (KISDD 2.0) platform for screening potential drug candidates. Ensol Biosciences was founded in 2001 and rebranded from Ensoltek Co., Ltd. in 2015.

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 Ltd. is a South Korean company that specializes in precision cleaning and special coating services for the semiconductor, display, and solar-photovoltaic industries. Founded in 1996 and headquartered in Anseong, the company has established itself as a pioneer in Korea, being the first to offer commercial cleaning and coating services for semiconductor components. KoMiCo manufactures semiconductor parts while also providing tailored cleaning and coating technologies designed to meet the specific needs of its clients. These services enhance the efficiency, longevity, and reusability of critical process equipment components, ultimately contributing to cost reduction for its customers. The company operates in key markets, including the United States, China, Taiwan, and Singapore.

StradVision

Seed Round in 2017
StradVision, Inc. specializes in developing advanced perception algorithms designed to enhance the capabilities of vehicles in recognizing and understanding their surroundings. Founded in 2014 and headquartered in Seoul, South Korea, with additional offices in California, Japan, India, China, and Germany, the company provides solutions such as SVNet External for external vehicle perception and SVNet Internal for monitoring driver and passenger status. StradVision's technology supports advanced driver assistance systems and autonomous vehicle applications, utilizing camera-based perception AI and LiDAR to ensure safety and accuracy in real-time object detection and classification. The company has achieved notable rankings in technology evaluations and holds over 60 issued patents, with more than 150 pending, reflecting its commitment to innovation in the automotive sector. Its auto labeling tool enhances data training efficiency, minimizing the need for human intervention and facilitating the development of reliable self-driving capabilities.

Medical IP

Venture Round in 2017
MEDICAL IP is a South Korean company founded in 2015 that specializes in developing a 3D medical platform powered by artificial intelligence. The company focuses on analyzing medical image data generated in hospitals to enhance diagnostic accuracy and surgical planning. Its key products include MEDIP, an AI-driven 3D modeling platform, and ANATDEL, which facilitates simulated surgical procedures and patient-specific 3D printing. By leveraging advanced segmentation analysis, MEDICAL IP’s technology enables healthcare professionals to detect anatomical components, such as lesions, and extract critical quantitative data, including volume and area, improving the overall understanding of patients' conditions.

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.

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 focuses on 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 projects involving natural gas, LPG, and hydrogen. The company is recognized for producing stable and efficient 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 diverse stretch fabrics, catering to the textile industry. In addition to its production capabilities, TCE Corporation also offers woven fabrics. The company maintains a sales office in Seoul and has established international presence with offices in Shanghai, China, and New York, USA.

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, with notable titles including Esamanru 2019, MLB PI 2019, CPBL Rise, and Esamanru Screen Baseball. Through these games, Gonggames aims to engage baseball enthusiasts and expand its presence in the competitive mobile gaming industry.

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.

NBT

Series B in 2015
NBT Partners is a South Korean company established in 2012, 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, and Baobab Class, an online platform that delivers personalized educational content. Additionally, NBT provides a mobile application that features a customized accumulation system and leverages knowledge-based technology to cater to users' preferences.

OTD

Seed Round in 2014
OTD operates a diverse portfolio of gourmet restaurants and food courts throughout South Korea, primarily located in office buildings and shopping malls. The company focuses on delivering a variety of dining options under multiple brands, catering to the tastes of the general public while maintaining affordable pricing. By creating vibrant food courts that showcase different culinary offerings, OTD aims to enhance the dining experience for customers seeking convenience and quality.

Pharmicell

Private Equity Round in 2014
Pharmicell is a biotechnology company based in South Korea that specializes in the manufacturing of biopharmaceutical medicines. The company focuses on the development and production of stem cell therapeutic drugs and stem cell-based cosmetics. Among its notable products under development are a range of mesenchymal stem cell therapies, including Cellgram_AMI for heart disease, Cellgram_IS and Cellgram_SCI for brain and nerve disorders, Cellgram_Lung for pulmonary diseases, and Cellgram_LC for liver conditions. Additionally, Pharmicell is working on Cellgram_ED and Cellgram_CLI, which are designed to treat graft-versus-host disease, kidney transplant complications, impotence, and critical lower limb ischemia.

Paycoms

Venture Round in 2014
Paycoms is a developer of payment confirmation systems based in Seoul, South Korea. The company focuses on creating solutions that promote transparency and fairness in transaction relationships among public institutions, large corporations, and small to medium-sized enterprises (SMEs). By providing corporate services that build and operate these systems, Paycoms aims to enhance trust and cooperation in business transactions, ensuring that firms can conduct their operations with a clear understanding of their financial interactions.

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.

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
Taesung Co., Ltd, founded in 2000 and based in Ansan, South Korea, specializes in the manufacturing of equipment for printed circuit board (PCB) production. The company produces a range of wet type equipment, including level scrubbers, copper powder filters, and ceramic brushes, serving both domestic and international PCB manufacturers. Taesung has made significant investments in research and development to localize its PCB scrubber technology, which has allowed it to enhance its product offerings and solidify its position in the PCB equipment market. Through its focus on in-house technological advancements, Taesung aims to meet the evolving needs of the PCB industry.

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. is a South Korean company specializing in the development and production of health functional foods and raw materials, both domestically and internationally. Founded in 2008 and headquartered in Cheongju, the company offers a diverse range of dietary supplements, including lactic acid bacteria, probiotics, omega-3 products, and vitamins. Novarex also provides health products tailored for specific needs, such as eye health, dietary support, and maternal and children's nutrition. The product formats include tablets, hard capsules, powders, gumi jellies, and stick jellies. Originally known as Health Science Co., Ltd., the company rebranded to Novarex in November 2011.

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.

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.

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.

AngioLab

Venture Round in 2008
AngioLab, Inc. is a biotechnology company based in Daejeon, South Korea, specializing in the development of medicines utilizing angiogenesis inhibitors for the treatment of diseases related to angiogenesis. The company is advancing several products through clinical trials, including AL101-NASH for non-alcoholic steatohepatitis and AL101-OME for otitis media with effusion, as well as AL102-PDT for periodontitis and AL101-PSO for psoriasis. Additionally, it is conducting Phase 2 trials for AL101-AMD to address age-related macular degeneration and AL101-AOB for abnormal obesity. AngioLab is also developing AL201-AB, currently in the preclinical stage, targeting cancer and ocular diseases. Furthermore, the company offers ob-X, a product aimed at visceral fat reduction. Founded in 1999, AngioLab reflects a commitment to innovation and stability in the biotechnology sector.

RadioPulse

Venture Round in 2007
RadioPulse Corporation specializes in wireless solutions, focusing on wireless personal area network technology. The company offers a range of products, including low-power single-chip radio transceivers and system-on-chip devices, which are utilized in various applications such as smart grids, home networks, building automation, and industrial automation. Its product lineup includes the MG2410, MG245X, MG2470, and MG2400, which cater to diverse markets including telecommunications, automotive, and high technology. Established in 2003 and headquartered in Seoul, South Korea, RadioPulse operates a research and development center in the same city. The company markets its products through a network of sales representatives across several countries, including the United States, Korea, Japan, and various European nations. As of 2015, RadioPulse operates as a subsidiary of IXYS Corp.

Zenith World

Venture Round in 2007
Zenith World is a manufacturer based in Jincheon, South Korea, specializing in industrial supplies. The company produces a range of products, including electrostatic chucks, coatings, and precision cleaning and machining solutions. By offering these advanced manufacturing capabilities, Zenith World supports various industries in implementing effective coating and processing solutions at competitive prices.

Koh Young Technology

Venture Round in 2006
Koh Young Technology Inc. is a South Korean company that specializes in the development, manufacture, sale, and servicing of 3D measurement and inspection equipment. Founded in 2002 and headquartered in Seoul, the company provides solutions aimed at quality control and process optimization across various industries, including smart devices, automotive electronics, telecommunications, military, healthcare, and semiconductors. Its product offerings include solder paste inspection, automated optical inspection, semiconductor inspection, and machining optical inspection equipment. Koh Young Technology is recognized for its innovative contributions to electronic manufacturing and artificial intelligence, focusing on enhancing production processes through advanced technology.

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.

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.

Mezzion Pharma

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

RN2 Technologies

Venture Round in 2006
RN2 Technologies Co., Ltd. is an electronics manufacturing company based in Hwaseong, South Korea, specializing in the design and production of multilayered electric circuits using materials such as LTCC, HTCC, AlN, and ferrite. Founded in 2002, the company offers a diverse range of products, including LTCC powders, various types of couplers (such as hybrid, directional, asymmetric, and broadband), Doherty combiners, terminations, delay lines, dividers, chip antennas, attenuators, quadrifilars, and foundry services for LTCC, HTCC, and HIC substrates. RN2 Technologies focuses on communication components, contributing to advancements in the electronics sector.

Steel Flower

Venture Round in 2006
Steel Flower Co., Ltd., established in 1999 and headquartered in Busan, South Korea, specializes in the manufacturing and supply of submerged arc welded pipes. These pipes, produced in South Korea and exported internationally, cater to diverse industries including oil and gas, construction, and marine structures. Steel Flower's product portfolio comprises carbon steel and alloy steel pipes designed for various applications such as steam, air, water, and oil and gas piping, as well as regular structures and offshore facilities. The company's commitment to quality and consistency is evident in its production facilities, which meet major specifications like API 5L and API 2B. Additionally, Steel Flower offers a range of services including software development, metal raw materials processing, and trading in steel.

MEMS Solution

Venture Round in 2005
MEMS Solution, Inc. is a manufacturer based in Yongin, South Korea, specializing in the development of FBAR duplexers, which are essential components in mobile communication systems. The company also produces band-pass filters (BPF), RF MEMS switches, and low G accelerometers. Founded in 2001, MEMS Solution has established itself as a key player in the MEMS (Micro-Electro-Mechanical Systems) market, providing advanced solutions for various applications in mobile technology. In addition to its product offerings, the company provides foundry services to support broader manufacturing needs in the industry. As of September 2017, MEMS Solution operates as a subsidiary of Skyworks Solutions.

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 chips. The company focuses on creating processing semiconductors for portable multimedia players, offering products such as 2D-to-3D real-time image conversion chips and chips for various home appliances, including air conditioners and washing machines. Additionally, Nexia Device provides semiconductor solutions for digital voice recorders and language learning devices for children. Founded in 2000, the company was previously known as Mobile Doctor Co., Ltd. before rebranding in 2005. Nexia Device serves a global customer base, leveraging its expertise in advanced semiconductor design to meet diverse multimedia processing needs.

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.

Kyung Nam Pharm

Venture Round in 2004
Kyung Nam Pharm Co., Ltd. is a South Korean company specializing in the manufacture and sale of pharmaceuticals. Founded in 1957 and headquartered in Uiryeong, with an additional office in Seoul, the company offers a diverse range of products. Its portfolio includes over-the-counter medications such as antipyretics, analgesics, and treatments for skin conditions, as well as pain relief patches, cough suppressants, digestive aids, and vitamins. Kyung Nam Pharm also produces prescription-only medicines and quasi-drugs, along with health functional foods targeting various health concerns, including intestine health and stress relief. The company was formerly known as HS Bio Pharm Co., Ltd. before rebranding in May 2010.

Sawnics

Venture Round in 2004
Sawnics, Inc. specializes in the design, production, and sale of surface acoustic wave (SAW) filters, which are essential components in mobile communication technology. Founded in 2000 and headquartered in Cheonan, South Korea, the company offers a variety of products, including duplexers, RF and IF filters, and multimedia solutions for digital audio broadcasting, cable television, and digital television. Sawnics also caters to radio communications needs, providing products for WLAN, WLL, ISM band, and GPS applications, as well as satellite communications. The company operates primarily as a foundry, utilizing piezoelectric single-crystal lithium tantalate in its manufacturing processes. Sawnics is a subsidiary of Digital Graphics, Inc. as of January 2008.

Korchip

Venture Round in 2004
Korchip Corporation, established in 1990 and based in Anyang, South Korea, specializes in the development and manufacturing of energy storage devices, particularly electric double layer capacitors (EDLC) under the STARCAP brand. These capacitors are utilized in a range of applications, including hybrid and fuel cell vehicles, renewable energy systems such as wind and solar power, and uninterruptible power supplies (UPS). Since 2003, Korchip has also been producing Chipcell Carbon products, which are supercapacitor-type secondary batteries, and has expanded its portfolio to include Chipcell Lithium products, which are lithium-ion batteries. Additionally, the company distributes various electronic components, including multilayer ceramic capacitors (MLCC), enhancing its position in the electronic components market.

Dongbang Ship Machinery Company

Venture Round in 2004
Dongbang Ship Machinery Co Ltd is a South Korean company engaged in the shipbuilding industry, specializing in the manufacturing of specific components for ships and offering repair services. The company produces a range of parts within its plumbing sector, including steel pipe spools, module units, and heating coils. Additionally, Dongbang Ship Machinery is involved in painting services and caters to various major customers in the shipbuilding sector.

Zalman Tech

Venture Round in 2004
Zalman Tech Co., Ltd. is a South Korean company established in 1999 that specializes in manufacturing and marketing PC cooling solutions. The company is recognized for its innovative approach to "noiseless computing," providing ultra-quiet cooling systems that have positioned it as a leader in high-performance cooling technology. Zalman's product range includes FHS type CPU coolers, optimized PC cases, laptop coolers, and various PC components such as surround sound and dual stereo headphones, gaming mice, and mechanical keyboards. The company is committed to ongoing research and development, which drives its diversification into other technology areas, including 2D/3D convertible LCD monitors and heatpipe cooled power supplies. Zalman Tech operates as a subsidiary of Moneual Inc. and is dedicated to delivering advanced and effective cooling solutions while maintaining high standards of craftsmanship and customer support.

DreamWiz

Venture Round in 2004
DreamWiz Inc. is a South Korean company that operates an internet portal offering a range of entertainment and communication services. Founded in 1999 and based in Seoul, DreamWiz provides users with free email, search capabilities, and various web services. The platform serves as a hub for Korean language content, enhancing online communication and entertainment experiences for its users.

Duckshin Housing

Venture Round in 2004
Duckshin Housing Co., Ltd. is a South Korean company that specializes in the production and sale of steel products, focusing primarily on various types of deck plates. Established in 1990 and headquartered in Seoul, the company offers a range of products including speed decks, eco-friendly decks, and insulation decks, as well as decks designed for composite slabs. Formerly known as Duckshin Steel Engineering Corporation, the company rebranded in 2006 to reflect its expanded focus on housing solutions. Duckshin Housing serves both domestic and international markets, emphasizing its commitment to innovative and sustainable building materials.

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 stainless steel products and automobile parts. Established in 1966 and headquartered in Changwon, the company produces stainless cold rolled steel sheets and precision sand casting parts for the automotive sector. Its offerings cater to various industries, including automotive, construction, IT, and electronics. Formerly known as BNG Steel Co., Ltd., the company rebranded in March 2011 to align with its parent organization, Hyundai. Hyundai BNG Steel is recognized for its commitment to quality and innovation within the steel manufacturing sector.

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.

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.

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.

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.

LX Semicon

Venture Round in 2004
LX Semicon, based in South Korea, specializes in the development, manufacturing, and distribution of semiconductors and related equipment. Its product portfolio spans five key segments: TV solutions (driver IC, timing controller, power management IC), IT solutions (AIT), mobile solutions (mobile DDI/TDDI, fingerprint sensor IC), automotive solutions (AVN and telematics, LED lamp driver IC), and battery and lighting solutions (single-cell battery management IC, wireless power IC).

Kosteel

Venture Round in 2004
Kosteel is a South Korean steel manufacturing company, established in 1977 and headquartered in Seoul. The company specializes in producing low-carbon steel wire rod, deck plates, steel fibers, and steel bars, catering primarily to the construction, engineering, and automotive sectors. Kosteel's diverse product range includes mild steel wire rod, common nails, annealed wire, flat coils, and deformed wire. With manufacturing facilities located in Pohang, Eumseung, and Gwangju, as well as operations in Vietnam, Kosteel emphasizes machinability, ductility, and toughness in its offerings. This focus enables the company to provide convenient processing and customization options, allowing clients to access small volume production systems tailored to their specific needs.

Daewoo Electronic Components Company

Venture Round in 2004
Daewoo Electronic Components Company, established in South Korea, specializes in the production and distribution of automotive electronic components. Its product portfolio includes voltage regulators, ignition modules, motor drives, brake transmission shift interlock (BTSI) systems, and aluminum electrolytic condensers, catering to the automotive industry.

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.

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.

DNA Link

Venture Round in 2004
DNA Link, Inc. is a biotechnology company based in Seoul, South Korea, specializing in genomic services and bio-industry research and development. The company offers a range of next-generation sequencing services, including De Novo, Exome, mRNA, small RNA, and various types of resequencing. Additionally, DNA Link provides analysis services for DNA, RNA, comparative genomic hybridization, and copy-number variations. The company also engages in genotyping and bioinformatics services. DNA Link collaborates with BASE10 Genetics on research projects, such as evaluating the usability of the AccuFind COVID-19 IgG antibody test in healthcare settings. Founded in 2000, DNA Link continues to contribute to advancements in genomic analysis and biotechnology.

Oniontech

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

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 developed innovative lightweight materials and advanced its production processes to enhance its offerings. Hyundai Advanced Materials produces a diverse range of engineering plastics, including elastomers, technical resins, and specialized materials designed for high-performance applications. In addition to manufacturing, the company provides support services such as computer-aided engineering, plastic part design, and molding trial assistance. Committed to environmental preservation, Hyundai Advanced Materials aims to lead in the development of lightweight vehicles by focusing on technological advancements and the introduction of metal substitutes.

Bioptro

Venture Round in 2004
Bioptro Inc. is a manufacturer based in Yongin, South Korea, specializing in automation equipment for factory automation and measurement. Founded in 2000, the company focuses on the research and development of electrical test equipment specifically for the printed circuit board (PCB) industry. Its product offerings include multi-arrayed flexible printed circuit (FPC) and PCB solutions, semiconductor package PCBs, and components for mobile phones and modules. Additionally, Bioptro produces multi-arrayed touch films and multi-head screw fastening systems, playing a crucial role in enhancing the efficiency and accuracy of manufacturing processes in various sectors.

KwangMyung Electric

Venture Round in 2004
KwangMyung Electric is a South Korea-based company that specializes in the manufacturing of electrical components. The company produces a range of products including breakers, transformers, switchgear, and automatic systems. Additionally, KwangMyung Electric offers gas insulated switchgear, protective relays, control boards, and electricity distribution boards, catering to various needs in the electrical industry.

Sejong Materials

Venture Round in 2004
Sejong Materials Co., Ltd. is a South Korean manufacturer specializing in metal and alloy powders, getters, and coating materials. Founded in 1996 and based in Incheon, the company produces a variety of powders, including zirconium, titanium, magnesium, chromium, manganese, aluminum, silicon, and antimony sulfide. Additionally, Sejong offers getters designed for applications in high vacuum environments, gas purification, and vacuum insulation panels. The company also manufactures semiconductor and standard targets, as well as thermal spray coating powders that provide heat resistance and wear protection. Sejong Materials operates as a subsidiary of Bros Holdings Co., Ltd.

TLi

Venture Round in 2004
TLi Inc., established in 1998, is a South Korean company specializing in the design and sale of semiconductor products. Its primary offerings include timing controllers, which process video signals for LCD panels, and LCD driver ICs. Additionally, TLi provides conflict minerals as part of its product portfolio. The company operates globally, with a base in Seongnam-si, South Korea.

GBM

Venture Round in 2004
GBM Inc. is a prominent company based in Seoul, South Korea, specializing in the development and manufacturing of weather measuring instruments and environmental solutions. Founded in 1993, GBM provides a range of services including industrial measurement, meteorological services, and weather forecasting. The company offers products such as temperature-humidity meters, atmospheric pressure sensors, and dew point instruments, catering primarily to the environmental sector. GBM is committed to delivering high-quality solutions that support green growth and environmental sustainability, positioning itself as a key provider of future environmental information and advanced industrial instrumentation.

NewFlex Technology Company

Venture Round in 2004
NewFlex Technology Company, established in 1992 and headquartered in Ansan, South Korea, specializes in the manufacturing and sale of flexible printed circuit boards. Its product portfolio includes single side, double side, multi-layer, rigid, optical, embedded, build-up, IVH, and metal printed circuit boards, catering to diverse industries such as connector cables, cell phones, laptops, TVs, and LEDs.

Bio Protech

Venture Round in 2004
Bio Protech Inc. is a manufacturer and seller of medical supplies with a global reach, headquartered in Wonju, South Korea. Established in 2000, the company specializes in a range of products, including electrosurgical devices such as smoke evacuation systems and various types of electrosurgical pencils and gels. Additionally, Bio Protech produces electrocardiograph electrodes tailored for different ECG tests, as well as conductive interfaces for transcutaneous electrical nerve stimulators. The company also offers pain relief devices, including the MAXTENS and MAXEMS series, which utilize electrical impulses to alleviate pain. Other notable products include OXI-PRO oxygen sensors. Bio Protech's product offerings reflect its commitment to advancing medical technology and enhancing patient care.

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.

EC21

Venture Round in 2004
EC21 is a global B2B e-commerce company that operates three e-marketplaces: EC21.com for worldwide exporters and importers, cn.ec21.com for Chinese traders, and kr.ec21.com for Korean domestic traders. Headquartered in Seoul, Korea, with regional sales offices across China, Vietnam, Turkey, India, Italy, and Pakistan, EC21 connects millions of buyers and suppliers globally. It offers Basic and Premium membership services, enabling suppliers to create online product showcases, locate buyers, and manage trade offers. Buyers can use the platform for free to search for new products, find suppliers, and post buying leads. With over 3 million product listings and 600,000 monthly inquiries, EC21 is one of the world's largest and most popular B2B networks.
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