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Radar · Augmented Reality in South Korea

Best Augmented Reality Companies in South Korea

The 36 best Augmented Reality companies in South Korea in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: VIRNECT.

36companies tracked
$75.3Mdisclosed funding
0unicorns
8have raised
Sources & further reading
  • Doug Halsall

Ranked: Best Augmented Reality companies in South Korea

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackPatents & IP focusRecent signals
1VIRNECT
Provider of augmented reality solutions for industries
$38M56 mo agoPublicTim Ha
CEO
2015GSAPReactAmazon Web Services+8137 patents
Patents concentrated in computing, sensing & instrumentation
—
2ANIPEN
Entertainment content developer based in Korea
$18M49 mo agoSeries C—2013WordPress Block EditorWordPressMySQL+1349 patents
AI-powered virtual environment platforms for shared experiences, animation authoring, and ad delivery
—
3MAXST
Provider of an SDK to develop AR applications
$9M84 mo agoPublicAndy
Co-Founder & COO
2010—107 patents
Metaverse media delivery, advertising, and user interaction tracking platforms
—
4LetinAR
Developer of AR-based smart glasses
78Innovation top 15%AI top 15%Patents top 17%Moat top 29%
All 9 signals ▾
Innovationtop 15%
AItop 15%
Patentstop 17%
Moattop 29%
Fundingtop 42%
Markettop 49%
Producttop 49%
Talentbottom 49%
Globalbottom 40%
Innovation: 243 patents (top 7% of patent-holders) · 160 filings since 2022 vs 83 in 2017-21
AI: Holds AI/ML patents (G06N-family CPC)
rank vs industry peers · Fliar Intelligence Index 78/100
$4M3 mo agoSeries BJaehyeok Kim
CEO
2016—243 patents
Patents concentrated in computing, sensing & instrumentation
1 award
5WE-AR
Provider of AR and web3 content development services
$3M51 mo agoSeries AChanhee Kim
CEO
2019Framer SitesReactAmazon Web Services+12——
6Xverse
Provider of an AI and blockchain-based metaverse platform
$3M63 mo agoSeedJae Kang
CEO
2021———
7Seerslab
Video selfie app with face tracking technology
$1M123 mo agoSeed—2014—61 patents
Patents concentrated in computing, sensing & instrumentation
—
8Deepixel
Provider of augmented reality based shopping experience
—108 mo agoSeedLee Hoon
Founder & CEO
2016—14 patents
Real-time facial landmark detection and single-camera 3D reconstruction for AR/VR interfaces.
—

Top 8 Augmented Reality companies in South Korea

#1
Series B · Seoul, Seoul · founded 2016 · 59 employees
$3.6Mraised
▾

Developer of AR-based smart glasses. It is a technology company that develops optical solutions for augmented reality headsets and glasses. Its offerings include an AR optic lens that claims to be capable of showing a sharp virtual object image on short distances using small reflectors. It provides a field of view of over multi-degrees, which can be extended by arranging more pin mirrors, and a full-color expression without chromatic aberration. Claims that the technology enables simultaneous display and interaction with a virtual object away from the eyes, without feeling dizzy.

Fliar Intelligence Index™ 78how this company ranks against its industry peers
Innovation
top 15%
AI
top 15%
Patents
top 17%
Moat
top 29%
Funding
top 42%
Market
top 49%
Innovation: 243 patents (top 7% of patent-holders) · 160 filings since 2022 vs 83 in 2017-21 · Deep-tech classification: Tech Hardware
AI: Holds AI/ML patents (G06N-family CPC)
Patents: 243 patents matched (strict assignee match) · 160 filings since 2022 vs 83 in 2017-21 · Latest publication 2026
Audience (LinkedIn): 850 LinkedIn followers — 100.0% of this cohort's audience
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
  • May 2026Series B$18.6M
  • Jan 2021Series A—
  • Dec 2020Series A—
  • Oct 2018Series A$3.6M
Founders & team
Jaehyeok KimCEO
Investors
DSC Investment, Korea Asset Investment Securities, Kakao Ventures, NAVER D2 Startup Factory, Epson X Investment Corporation, KDDI Open Innovation Fund
#2
Public · Seoul, Seoul · founded 2015 · 65 employees
$37.6Mraised
▾

Provider of augmented reality solutions for industries. The company provides augmented reality solutions for industrial and manufacturing sectors. Based on GPS sensors and object recognition technology, the company provides VIRNECT Remote which solves remote real-time AR video communication problems between field worker and remote expert. Provides SmartWork AR/VR to visualize information about the state of the equipment, specifications, sensing data and more using AR technology. Features AR manuals, monitoring, training and simulation solutions and helps in designing, logistics, process & material management, equipment checking, and other applications. Product portfolio also includes VIRNECT Make which is an AR authoring tool and VIRNECT View which is a tool to view optimized AR contents in the field.

Funding rounds
  • Jan 2022Series B$30M
  • Sep 2019Series A$7.6M
Founders & team
Tim HaCEO
Investors
KB Investment, Korea Credit Guarantee Fund, Korean Development Bank, KTB Network, Magna, STIC Investments
Tech stack
Amazon SesAmazon Web ServicesCore-JsGsapHstsHubspot
#3
Series C · Seongnam-si, Gyeonggi-do · founded 2013 · 89 employees
$18.5Mraised
▾

ANIPEN is an entertainment content developer based in Korea. Provides 3d content creation platform which enables enterprises to develop video communication and entertainment platforms. Its business partner portfolio includes Google, Qualcomm, Unity, Pikicast and others.

Funding rounds
  • Jul 2022Series C$8.3M
  • 2021Series C$10.2M
Investors
Korean Development Bank, Ulmer Investments, Medici Investments, The Wells Investment, SJ Investment Partners, Union Investment Partners
Tech stack
Google CloudGoogle Cloud CdnGoogle WorkspaceGsapHttp/3Jquery
#4
Public · Seoul, Seoul · founded 2010 · 126 employees
$8.9Mraised
▾

Provider of an SDK to develop AR applications

Funding rounds
  • Sep 2019Series B$5.9M
  • Aug 2017Series B$3M
  • 2016Series A—
Founders & team
AndyCo-Founder & COOJackCo-FounderJamesCEO
Investors
Mando Corporation, Hana Financial Group, Partners Investment, Yuanta Korea, Hyundai Motor Company, DS
Tech stack
Nginx
#5
Series A · Seongdong, Sudogwon · founded 2019 · 31 employees
$3.1Mraised
▾

Provider of AR and web3 content development services. It offers custom AR applications and content for various enterprises.

Funding rounds
  • Jun 2022Series A$3.1M
Founders & team
Chanhee KimCEO
Investors
NAVER Z, Snow, Korea Investment Holdings
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesCdnjsCloudflareCore-Js
#6
Seed · Seoul, Seoul · founded 2021 · 4 employees
$2.7Mraised
▾

Provider of an AI and blockchain-based metaverse platform. It offers a metaverse ecosystem that enables users to create content using AR and VR technologies. It also facilitates users to discover virtual places, interact with people virtually, participate in games, and host events. Its features include consoles to manage and curate content and buy and sell options for 3D content and game items.

Funding rounds
  • Jun 2021Seed$2.7M
Founders & team
Jae KangCEO
Investors
Blocore, Vestigium, Animoca Brands, Momentum 6, GBV Capital, CMS Holdings
#7
Seed · Seoul, Seoul · founded 2014 · 60 employees
$1Mraised
▾

Seerslab uses its proprietary face tracking technology in its video selfie app called "Lollicam". The app allows users to add effects for text messages, video and audio clips by using cinema graphs, GIFs and emojis. Few of the features provided by the app include Video filter, sticker & Effect, Geo-Sticker, Music featuring and video sharing

Funding rounds
  • Jun 2016Angel$1M
Investors
Kakao Ventures, Y Combinator, Intops Investment
#8
Seed · Seoul, Seoul · founded 2016 · 14 employees
—raised
▾

Deepixel provides an augmented reality based shopping experience. Known as StyleAR, it uses machine learning and enables shoppers to virtually try on jewels to check a size or style before buying them in a superimposed environment. The company also offers hand tracking input solutions for VR and AR/VR games.

Funding rounds
  • Aug 2017Seed—
Founders & team
Lee HoonFounder & CEO
Investors
NAVER D2 Startup Factory

Funding & investor landscape

$75.3Mtotal disclosed funding
7companies funded
11disclosed rounds
0rounds last 90 days
Most active investors
Korean Development Bank3 rounds
Kakao Ventures2 rounds
Lotte Ventures2 rounds
NAVER D2 Startup Factory2 rounds
Orange Fab Asia2 rounds
The Wells Investment2 rounds
Animoca Brands1 rounds
Blocore1 rounds
BluePoint Partners1 rounds
C&Venture Partners1 rounds

Notable founders

Jaehyeok Kim
CEO · LetinAR
Tim Ha
CEO · VIRNECT
Andy
Co-Founder & COO · MAXST
Jack
Co-Founder · MAXST
Chanhee Kim
CEO · WE-AR
Jae Kang
CEO · Xverse
Lee Hoon
Founder & CEO · Deepixel
Prism market signals · South Korea · country-scoped Prism corpus, 720,091 docs

Market landscape — 10 sub-themes by coverage

Share of Augmented Reality coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · South Korea

How research on AR / VR / Metaverse is moving in South Korea

A read on the academic research around AR / VR / Metaverse — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 1,252 South Korea-affiliated papers.

research sentiment over time
201320212026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 50% → 59% across 2013–2026.
top research entities
  • Korea Advanced Institute of Science and Technology110
  • Yonsei University82
  • Seoul National University82
  • Hanyang University65
  • Kyung Hee University62
leading researchers
Woontack Woo · Sang Ho Yoon · Soo-Mi Choi · Abolghasem Sadeghi‐Niaraki · Jae‐Hyeung Park · Jalal Safari Bazargani · Dusit Niyato · Gun Lee
▲ Breakthroughs350 · 28%
▲ 17%→28% share
▲1.6× share momentum0 median citations93% since 2021mostly methods-led
Breakthroughs are rising (17%→28% of field), led by Virtual reality.
rising sub-themes (early→recent)
  • Virtual reality5→136
  • Human–computer interaction1→70
  • Augmented reality6→70
  • Haptic technology1→29
  • Rendering (computer graphics)1→24
Newly emergingVisualization 0→28 · Avatar 0→16 · Computer graphics (images) 0→16
Landmark Metasurface eyepiece for augmented reality · 506 cites
◆ Advancements677 · 54%
▼ 62%→54% share
▼0.9× share momentum1 median citations92% since 2021mostly empirical
Advancements are cooling (62%→54% of field), led by Virtual reality.
rising sub-themes (early→recent)
  • Virtual reality17→349
  • Human–computer interaction9→205
  • Augmented reality9→103
  • Multimedia2→37
  • Perception3→36
Newly emergingComputer graphics (images) 0→31 · Randomized controlled trial 0→24 · Intervention (counseling) 0→16
Landmark A Metaverse: Taxonomy, Components, Applications, and Open Challenges · 1,699 cites
▼ Concerns118 · 9%
▲ 8%→10% share
▲1.2× share momentum2 median citations93% since 2021mostly empirical
Concerns are rising (8%→10% of field), led by Virtual reality.
rising sub-themes (early→recent)
  • Virtual reality1→66
  • Augmented reality1→12
Newly emergingHuman–computer interaction 0→38 · Context (archaeology) 0→10 · Health care 0→7
Landmark Educational applications of metaverse: possibilities and limitations · 1,018 cites
RESEARCH HOTSPOTS · South Korea

Where ar vr is researched across South Korea

Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.

Seoul462 · +0.54
Hot · Virtual realityAdvancing · Augmented realityOpportunity · Applied psychologyConcern · Health care
Daejeon167 · +0.62
Hot · Haptic technologyAdvancing · Virtual realityOpportunity · MetaverseConcern · Human–computer interaction
Daegu62 · +0.55
Hot · HolographyAdvancing · Holographic displayOpportunity · MetaverseConcern · Virtual reality
Seongnam-si55 · +0.51
Hot · Randomized controlled trialAdvancing · Intervention (counseling)Opportunity · MetaverseConcern · Virtual reality
Gwangju50 · +0.54
Hot · GestureAdvancing · Embodied cognitionOpportunity · Human–computer interactionConcern · Metaverse
Busan38 · +0.51
Hot · CognitionAdvancing · DementiaOpportunity · Human–computer interactionConcern · Virtual reality
Incheon26 · +0.53
Hot · Mixed realityAdvancing · Computer graphics (images)Opportunity · Human–computer interaction
Suwon22 · +0.61
Hot · User experience designAdvancing · MultimediaOpportunity · Cognition
Ulsan19 · +0.63
Hot · Augmented realityAdvancing · Haptic technology
Jeonju13 · +0.49
Hot · Mathematics educationAdvancing · MetaverseOpportunity · Virtual reality
PATENT SIGNAL · South Korea

Who's filing ar vr patents in South Korea

South Korea ar vr patent filing is accelerating — 8,544 filings from 3,636 assignees (2016–2025), led by Samsung, LG Electronics, Letinar; annual filings 252→968.

8,544 filings3,636 assigneespeak 1430/yr2016–2025
filing momentum (YoY 2016–2025)
top patent filers
  • Samsung1802
  • LG Electronics248
  • Letinar216
  • Electronics & Telecommunications199
  • Pantech130
  • Korea Electronics Technology106
  • Korea Electronics Telecomm100
  • P&C Solution95

Common questions

How many Augmented Reality companies are there in South Korea?
Radar tracks 36 indexable Augmented Reality companies headquartered in South Korea that meet our profile-completeness bar.
What is the total funding raised by Augmented Reality companies in South Korea?
The Augmented Reality companies in South Korea on this list have raised a combined $75.3M in disclosed equity funding across 7 funded companies.
Which is the highest-funded Augmented Reality company in South Korea?
VIRNECT is the highest-funded Augmented Reality company in South Korea, with $37.6M in disclosed equity funding.
How many Augmented Reality companies in South Korea are funded?
7 of the 36 Augmented Reality companies in South Korea on this list have disclosed at least one equity funding round.
How many Augmented Reality unicorns are there in South Korea?
None of the Augmented Reality companies in South Korea on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in South Korea Augmented Reality companies?
The most active investors in South Korea Augmented Reality companies on this list include Korean Development Bank, Kakao Ventures, Lotte Ventures, NAVER D2 Startup Factory, Orange Fab Asia.
Rohit KhannaTrends & Stories

Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.

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