Shinhan Venture Investment

Shinhan Venture Investment is a venture capital firm based in Seoul, South Korea, that pursues early-stage venture capital investments and later-stage control investments across a wide range of sectors, including healthcare, gaming, industrials, power and energy, consumer and retail, information and communications technology, and disruptive technologies such as alternative energy and IT convergence, with a focus on megatrends like aging populations.

Jae Ho Cho

Managing Director

Jeong-Hee Ha Ph.D

Managing Director

Donghwan Kim

Senior Managing Director, Private equity and fund manager

Past deals in Electronics

EMCRAFTS

Convertible Note in 2024
EMCRAFTS specializes in the manufacturing and designing of scanning electron microscopes.

WELT

Series C in 2024
WELT is a stylish smart belt designed for both fashion and healthcare purposes. It tracks waist size, steps taken, sitting time, and overeating habits, providing personalized health insights via Bluetooth to its accompanying app.

Kipco

Venture Round in 2024
Kipco is a manufacturing company that designs cryptographic security equipment and radar technology for the aerospace industry.

RFPT

Convertible Note in 2023
RFPT specializes in the development of RF modules for semiconductor equipment. Their product line includes RF generators, matching units, filters, and related accessories, all designed to enhance the performance and efficiency of plasma-based applications. It delivers solutions that meet the rigorous demands of the semiconductor industry by integrating advanced RF power semiconductor technologies.

Nanoenics

Seed Round in 2022
Nanoenics is a manufacturer of advanced materials, with a focus on producing conductive polymer materials available in thin film or solution form. The company excels in creating innovative technology for manufacturing thin films, including notable conductive polymers such as polypyrrole and PEDOT (known as Nanotron PT). This expertise enables businesses to obtain the necessary materials for developing their end products.

Irang Tech

Series A in 2021
Irang Tech develops, manufactures, and supplies communication components.

Daejoo

Venture Round in 2021
Daejoo Electronic Materials Co., Ltd. is a South Korean company specializing in the development and sale of electronic materials. The company offers a diverse range of products, including conductive pastes for various applications, such as chip-resistors and touch screens. Daejoo also produces solar cell pastes, LED phosphor products, and polymer materials suitable for electronic components. Additionally, the firm manufactures silicon-based lithium-ion battery anode materials, various metal powders, and glass materials designed for electronic and solar cell applications. It is also involved in the production of organic light-emitting device materials, alongside graphene oxide and reduced graphene oxide products. Founded in 1981 and headquartered in Siheung-si, South Korea, Daejoo was formerly known as Daejoo Fine Chemical Co., Ltd. before rebranding in 2003. The company's products are marketed across South Korea, China, Taiwan, the United States, Europe, and Southeast Asia.

Human Tech

Venture Round in 2021
Human Tech is a manufacturer of electronic devices. Its product portfolio includes heart monitoring equipment, security algorithms, and wireless communication solutions. The company specializes in providing standardized products to businesses.

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.

Destin Power

Venture Round in 2016
Destin Power manufactures power conditioning products designed to improve energy management and safety. The company created the ESS system by utilizing core power electronics technology such as control technology for energy storage systems, static and dynamic grid support technology, and micro-grid inverter technology.

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.

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.

Jinyoung HNS

Venture Round in 2013
Jinyoung HNS is a manufacturer specializing in components designed for integration into various technologies. The company's expertise lies in developing camera components for mobile phones, appliance components such as those used in vacuum cleaners, and automotive components.

Sigetronics

Venture Round in 2012
Sigetronics is a manufacturer of specialized semiconductor devices and materials, primarily serving the digital consumer electronics and personal computer markets. The company produces a range of high-frequency and high-speed semiconductor devices, including electrostatic protection devices, sensors, and power semiconductors. Through its Multi-FAB (M-FAB) technology, Sigetronics delivers reliable products that support the assembly of various telecommunication modules, terminals, systems, and infrastructure. This focus enables clients to meet their specific electronic manufacturing requirements efficiently.

Inno Instrument

Venture Round in 2011
Inno Instrument Inc. specializes in the manufacturing of communication and broadcasting equipment, leveraging extensive experience and innovation in fiber optic technology. The company produces a range of products, including fusion splicers, fusion cleavers, fiber strippers, and various tools and accessories essential for fiber optic applications. Inno Instrument also offers solutions such as fiber splicing and optimization services, as well as fiber optic network management and infrastructure development. Through its focus on advancing core technologies, the company aims to support the growing demands of the fiber optics industry.

OptoWiz

Venture Round in 2009
OptoWiz is a manufacturer and supplier of optical transceivers & transponders for telecommunications.

Topaz

Venture Round in 2009
Topaz is recognized as a leading manufacturer of light guide plates (LGP), essential components for LED and LCD televisions, as well as for computers and notebooks. The company specializes in creating innovative products that enhance the efficiency of display technologies, including diffuser plates and reflector sheets for automotive applications. By leveraging its advanced technology, Topaz aims to expand into new business areas, such as LED lighting solutions. Committed to innovation and productivity, Topaz continuously seeks to overcome challenges while adhering to high standards and regulations. This dedication not only fosters growth and development but also helps the company build trust with shareholders, customers, and employees, positioning Topaz as a dynamic and progressive player in the industry.

Future Core

Venture Round in 2008
SBW Life Sciences specializes in the manufacture of electronic components, focusing primarily on a diverse range of imaging optical filters. The company produces various types of optical filters, including infrared (IR) cutoff filters, blue filters, IR pass filters, IR band pass filters, two-band pass filters, band pass filters, and film filters. SBW Life Sciences operates its manufacturing activities primarily in China, catering to the needs of the imaging industry with its advanced filter technology.

Mobile Appliance

Venture Round in 2008
Mobile Appliance is an automotive product development and solutions provider that designs, develops, manufactures, and supplies car safety and infotainment technologies for automobile companies worldwide. Its offerings include video recording devices such as dash cameras and car DVRs, radars, and head-up displays, as well as personal navigation devices and advanced driver assistance systems for lane departure, collision warning, car distance information, traffic sign recognition, high beam control, and drowsiness alerts. The company also delivers connected car and Internet of Things solutions and is engaged in the manufacturing, distribution, and sales of ADAS, HUDs, and navigation systems. Founded in 2004 and based in Anyang, South Korea, Mobile Appliance is developing foundational technologies for smart and fully autonomous vehicles.

SJ Tech

Venture Round in 2007
SJ Tech is a manufacturer specializing in high-quality parts and accessories for the mobile phone, automotive, and electronic sectors. The company produces essential components that cater to the needs of these industries, focusing on precision and reliability in its offerings. By emphasizing superior product quality, SJ Tech aims to build trust and long-term relationships with its customers. The company is dedicated to continuous growth and value creation, ensuring that customer satisfaction remains a priority in its operations.

Econy

Venture Round in 2007
Econy specializes in developing advanced technologies for Thin Film Transistor Liquid Crystal Display (TFT-LCD) etching. It offers proprietary etching methods, in-house chemical management, and custom equipment design to enable efficient, high-yield production of slim TFT-LCD panels.

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.

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.

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.

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.

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.

Sensortech

Venture Round in 2005
Sensortech develops ultrasonic sensors.

Power Logics

Venture Round in 2004
Power Logics engages in the development, manufacture and sale of electric supply and control devices.

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.

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.

Global Tronics

Venture Round in 2004
Global Tronics is a company in the electronics industry that focuses on the design of application-specific integrated circuits (ASICs). Operating as a fabless entity, it develops and outsources integrated circuits tailored to the unique specifications of its clients. The company's product offerings include display driver ICs for mobile displays, touch sensor controller ICs, and cell voltage monitoring (CVM) ICs for hybrid vehicles, incorporating green energy technology. With a strong emphasis on advanced ASIC design, Global Tronics aims to provide innovative solutions that enable manufacturers to produce displays and other electronic components efficiently and cost-effectively. The company is currently making its entry into the market, leveraging its expertise to meet the evolving needs of the electronics sector.

Kespion

Venture Round in 2004
Kespion innovates to produce high-value products with their own technology: mobile antennas, material devices, smart grid solutions, and wireless security systems. Kespion manufactures two types of antennas: mobile phone antennas (including retractable, fixed, and built-in antennas) and automobile antennas with remote keyless entry (RKE) solutions. They also produce radio frequency (RF) products and window displays. The company exports RF products to China and Vietnam, with LG as its primary client. In the year ending on December 31, 2008, Kespion had an annual production capacity of around 42.9 million antennas, while the actual production output was approximately 34.2 million antennas.

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.

EVSIS

Venture Round in 2004
EVSIS is at the forefront of the automatic building control market, pioneering automatic lighting control systems. Since 2011, the company has been dedicated to expanding its Eco-Friendly Mobility Business by providing comprehensive, high-quality Electric Vehicle charger solutions to partners and customers.

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.

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.

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.

Dreamus Company

Venture Round in 2004
Dreamus Company manufactures and distributes electronic video and audio equipment.

3CTY

Venture Round in 2004
3CTY produces a variety of cables in the field of ultrasound imaging equipment.

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.

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.

Yuwon Comtech

Venture Round in 2004
Yuwon Comtech is a manufacturer specializing in functional chemical materials. The company produces a range of chemical compound materials, including synthetic resins, color pigments, and gaseous liquids. These products are utilized in various applications, such as integrated circuit shipping trays, liquid crystal displays, and cell cassettes. By providing these essential materials, Yuwon Comtech supports industrial manufacturers in creating advanced intermediary products, contributing to the development of innovative technologies.

Opteron

Venture Round in 2004
Opteron specializes in high-performance optical fiber interconnecting components like Fiber Arrays, Fanout Arrays, and Fanout Cords. Opteron, founded in 2000 and headquartered in Gwangju, Korea, produces cutting-edge products utilizing state-of-the-art micro-machining technology. These products are designed to enhance the reliability, scalability, and cost-effectiveness of optical components in next-generation optical communications networks, specifically DWDM (Dense Wavelength Division Multiplexing) technology.

Humax Automotive

Venture Round in 2004
Humax Automotive is a developer/manufacturer of various in-vehicle infotainment systems.

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.

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.

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.

BHflex

Venture Round in 2004
BHflex is a company that produces FPCB (Flexible Printed Circuit Board), an essential component of electronic products. In May 1999, it started as Bumhwan Flex Co, and in 2001, the company changed its name to BHflex Co, to become a global company. In 2006, it was changed to BH Co., Ltd. to diversify the business and create a new image. Currently, BH Co. is mainly producing high value-added rigid-flexible PCB products employing FPCB for display, which is a fine pattern (microcircuit), and IVH (Interstitial Via Hole) and HDI (High-Density Interconnection) of High Technology.

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.

Kolen

Venture Round in 2004
Kolen Co., Ltd, established in 1999, is a South Korean manufacturer specializing in optical lenses. Based in Seongnam, the company produces and sells camera optical lenses and applied optical lenses, catering to the image sensor market. Additionally, Kolen supplies security parts for smart wearable products.

Lb Semicon Company

Venture Round in 2004
LB Semicon Company is a semiconductor manufacturing firm that specializes in providing bumping and probe testing services specifically for Display Driver Integrated Circuits (ICs). The company offers a range of products and services, including AU bumps, solder bumps, wafer-level packaging, wafer testing, and back-end services. By focusing on these areas, LB Semicon supports the broader semiconductor industry with essential technologies and solutions that enhance the performance and reliability of electronic devices.

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.
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