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Radar · Internet of Things - Industry Applications in Gyeonggi-do

Best Internet of Things - Industry Applications Companies in Gyeonggi-do, South Korea

The 41 best Internet of Things - Industry Applications companies in Gyeonggi-do, South Korea in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: DeepX.

41companies tracked
$224.5Mdisclosed funding
0unicorns
7have raised
FLIAR INTELLIGENCE · INTERNET OF THINGS - INDUSTRY APPLICATIONS × GYEONGGI-DO

Our analysis of 184 Internet of Things - Industry Applications companies

$13.9b in tracked funding; 91% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.

184companies analysed
91%cloud-native stacks
2025funding peak (by rounds)
11unicorns
2016median founding year

Ranked: Best Internet of Things - Industry Applications companies in Gyeonggi-do

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackPatents & IP focusRecent signals
1DeepX
Developer of AI semiconductors, modules, and systems for edge computing applications
45Innovation top 10%Patents top 13%AI top 18%Moat top 33%
All 13 signals ▾
Innovationtop 10%
Patentstop 13%
AItop 18%
Moattop 33%
Fundingtop 34%
Newstop 39%
Techtop 46%
Talentbottom 49%
Globalbottom 42%
Marketbottom 38%
Partnersbottom 34%
Growthbottom 25%
Fin. healthbottom 10%
Innovation: 349 patents (top 4% of patent-holders) · 326 filings since 2022 vs 23 in 2017-21
Patents: 349 patents matched (strict assignee match) · 326 filings since 2022 vs 23 in 2017-21
rank vs industry peers · Fliar Intelligence Index 45/100
$103M27 mo agoSeries CLokwon Kim
Founder & CEO
2018WordPressMySQLPHP+3343 patents
AI inference hardware and edge neural processing for image/video acceleration
—
2bitsensing
Developer of radar technology for automotive, smart city, and healthcare
64Innovation top 13%Patents top 16%Moat top 29%Funding top 30%
All 8 signals ▾
Innovationtop 13%
Patentstop 16%
Moattop 29%
Fundingtop 30%
Marketbottom 48%
Globalbottom 43%
Techbottom 41%
Newsbottom 22%
Innovation: 157 patents (top 12% of patent-holders) · 108 filings since 2022 vs 49 in 2017-21
Patents: 157 patents matched (strict assignee match) · 108 filings since 2022 vs 49 in 2017-21
rank vs industry peers · Fliar Intelligence Index 64/100
$42M26 mo agoSeries B—2018WebflowGSAPcore-js+10157 patents
Radar-based motion sensing for health monitoring and fall/kick detection
4 awards
3Sky Labs
Internet first brand offering rings for fitness tracking
64Patents top 13%Innovation top 21%Moat top 23%Funding top 25%
All 11 signals ▾
Patentstop 13%
Innovationtop 21%
Moattop 23%
Fundingtop 25%
Growthtop 35%
Producttop 35%
Talentbottom 49%
Marketbottom 45%
Techbottom 44%
Globalbottom 44%
Partnersbottom 34%
Patents: 144 patents matched (strict assignee match) · 95 filings since 2022 vs 39 in 2017-21
Innovation: 144 patents (top 14% of patent-holders) · 95 filings since 2022 vs 39 in 2017-21
rank vs industry peers · Fliar Intelligence Index 64/100
$42M9 mo agoSeries CJack Lee
Founder & CEO
2015Wix eCommerceWixSentry+10144 patents
Wearable biomedical sensing devices and novel supercapacitor electrolyte materials.
—
4BBB
Provider of Android-based wearable diagnostic device
$20M93 mo agoSeries BKyongsik Yun
Co-Founder
2014—87 patents
Real-time airborne virus detection and advanced biosensor platforms using magnetic nanoparticles and microfluidics
—
5Ettifos
Provider of 5G-focused V2X communication solutions for automobiles
$18M13 mo agoSeries BYong Lim
CEO
2018—15 patents
V2X wireless safety communication protocols for control, feedback, and relaying messages
—
6HatioLab
Provider of a cloud-based manufacturing execution system software
$62K66 mo agoSeedYoung Chung
CEO
2012—2 patents
Indoor warehouse asset localization and tracking for automated distribution systems
—
7Mcell
Developer of smart textiles with bioelectric components
—58 mo agoSeedSeunghyun Jee
CEO
2015—14 patents
Smart heating textiles with embedded motion sensors and conductive fibers.
—
8EoFlow
Developer of a wearable disposable insulin patch for diabetes patients
—110 mo agoAcquiredJesse Kim
CEO
2011CKEditorPHPBootstrap+13418 patents
Advanced drug delivery systems and smart insulin dosing algorithms for injectable therapies
—

Top 8 Internet of Things - Industry Applications companies in Gyeonggi-do

#1
Series C · Seongnam-si, Gyeonggi-do · founded 2015 · 43 employees
$42Mraised
▾

Internet first brand offering rings for fitness tracking. The company offers smart rings in various sizes to track fitness. The ring has features like ECG monitoring, PPG monitoring, atrial fibrillation detection, etc. It also provides an app that can be connected to with smart ring to get real-time analysis on the smartphone. Its mobile app is available for Android and iOS users.

Fliar Intelligence Index™ 64how this company ranks against its industry peers
Patents
top 13%
Innovation
top 21%
Moat
top 23%
Funding
top 25%
Growth
top 35%
Product
top 35%
Patents: 144 patents matched (strict assignee match) · 95 filings since 2022 vs 39 in 2017-21 · Latest publication 2026
Innovation: 144 patents (top 14% of patent-holders) · 95 filings since 2022 vs 39 in 2017-21 · Deep-tech classification: Tech Hardware
Moat: Editorial + unicorn rating 7/10 · IP moat: 144 patents · 1 curated direct competitors tracked
Audience (LinkedIn): 824 LinkedIn followers
Funding rounds
  • Nov 2025Series C—
  • Sep 2023Series C$15.4M
  • May 2021Series B$20M
Founders & team
Jack LeeFounder & CEO
Investors
Moru Asset, KB Investment, Korea Investment Holdings, LB Investment, Atinum Investment, Soo Investment Capital
Tech stack
BootstrapGoogle AnalyticsGoogle WorkspaceGsapHstsLodash
#2
Series B · Seongnam-si, Gyeonggi-do · founded 2018 · 44 employees
$18Mraised
▾

Provider of 5G-focused V2X communication solutions for automobiles. The company is involved in the development of connectivity products for automobiles that V2X devices, OBU, RSU, V2X development kits, etc. It also provides 'Sirius' an all-in-one 5G NR-V2X test platform that allows researchers, developers, and companies to carry out functional and performance testing, as well as rapid prototyping.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 1k LinkedIn followers — 2.6% of this cohort's audience
Funding rounds
  • Jul 2025Series B$12.2M
  • Apr 2024Series A$5.7M
Founders & team
Yong LimCEO
Investors
L&S Venture Capital, Kyobo Securities, IBK Capital, Medici Investment, BNK Venture Capital, STIC Ventures
#3
Series C · Seongnam-si, Gyeonggi-do · founded 2018 · 55 employees
$102.7Mraised
▾

Developer of AI semiconductors, modules, and systems for edge computing applications. It offers AI chips engineered for integration into devices, AI modules with inference capabilities, and AI systems designed for performance and efficiency. The company's solutions cater to smart factories, smart cities, robotics, AI computing, AI networking, and smart cameras, enabling real-time processing and automation across industries.

Fliar Intelligence Index™ 45how this company ranks against its industry peers
Innovation
top 10%
Patents
top 13%
AI
top 18%
Moat
top 33%
Funding
top 34%
News
top 39%
Innovation: 349 patents (top 4% of patent-holders) · 326 filings since 2022 vs 23 in 2017-21 · Deep-tech classification: Artificial Intelligence, Tech Hardware
Patents: 349 patents matched (strict assignee match) · 326 filings since 2022 vs 23 in 2017-21 · Latest publication 2026
AI: Classified as an AI company · Holds AI/ML patents (G06N-family CPC)
Audience (LinkedIn): 40k LinkedIn followers — 80.5% of this cohort's audience
Funding rounds
  • May 2024Series C$80.5M
  • May 2021Series B$17.7M
  • Apr 2021Series A$4.5M
  • Feb 2020Seed—
Founders & team
Lokwon KimFounder & CEO
Investors
ALUMNI-PARTNERS, Pathfinder H, Shinhan Bank, Capstone Partners, Magna, SkyLake
Tech stack
Amazon CloudfrontAmazon Web ServicesAnimate.CssApache Http ServerCloudflareCloudflare Bot Management
#4
Series B · Seongnam-si, Gyeonggi-do · founded 2018 · 72 employees
$42Mraised
▾

Developer of radar technology for automotive, smart city, and healthcare. The company designs radar solutions from concept to production for various industries. It provides radar systems for automated vehicles, traffic management, and patient monitoring. The company aims to improve safety and convenience with its radar technology.

Fliar Intelligence Index™ 64how this company ranks against its industry peers
Innovation
top 13%
Patents
top 16%
Moat
top 29%
Funding
top 30%
Market
bottom 48%
Global
bottom 43%
Innovation: 157 patents (top 12% of patent-holders) · 108 filings since 2022 vs 49 in 2017-21 · Deep-tech classification: Tech Hardware
Patents: 157 patents matched (strict assignee match) · 108 filings since 2022 vs 49 in 2017-21 · Latest publication 2026
Moat: Editorial + unicorn rating 7/10 · IP moat: 157 patents · 9 curated direct competitors tracked
Audience (LinkedIn): 6k LinkedIn followers — 11.9% of this cohort's audience
Activity (LinkedIn): 4 awards announced in 12 mo
Funding rounds
  • Jun 2024Series B$25.3M
  • Sep 2022Series A$10M
  • Jun 2020Seed$5.8M
  • Dec 2019Seed—
Investors
SparkLabs, SJ Investment Partners, FuturePlay, Korea Science and Technology Holdings, LB Investment, Mando Corporation
#5
Series B · Seongnam-si, Gyeonggi-do · founded 2014 · 2 employees
$19.8Mraised
▾

Developer of an integrated mobile healthcare platform designed to detect early-stage cancer and severe disorders in a speedy and accurate manner. The company's platform develops a product that uses artificial intelligence to gather and analyze blood biomarkers for cancer diagnosis through a single drop of blood, enabling patients to regularly test their blood for cancer markers in the comforts of their homes and physicians to easily monitor health markers remotely.

Founders & team
Kyongsik YunCo-FounderJaekyu ChoiCo-Founder & CEO
Investors
ID Ventures, POSCO Capital, HAX, SOSV
Tech stack
WixReactGoogle CloudHstsGoogle Cloud CdnHttp/3
#6
Seed · Seongnam-si, Gyeonggi-do · founded 2012 · 8 employees
$61.8Kraised
▾

Hatiolab provides a cloud-based manufacturing execution system software. The product offered is Things-Factory, Things-Board, Things-Label, and Things-RTLS. The features of the products are supply chain management, manufacturing execution system, warehouse management system, IoT-platform, graphical modeling, etc. The companies using this software are Arion technology, Hisense, MECA solution, IBM, Samsung, etc.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 100 LinkedIn followers
Activity: 1 product launches announced in 12 mo
Funding rounds
  • Mar 2021Seed$61.8K
Founders & team
Young ChungCEO
Investors
ScaleUp Malaysia
#7
Seed · Seongnam-si, Gyeonggi-do · founded 2015 · 3 employees
—raised
▾

Developer of smart textiles with bioelectric components and provider of surface modification services. The company uses coating technology (textile sensor material, stretchable material), development of bioelectric components and materials (slide glass for DNA chip, slide glass for protein chip, substrates for biosensors), and also provides surface modification services (hydrophilic, hydrophobic, thin-film deposition, self-assembled monolayer).

Funding rounds
  • Oct 2021Seed—
Founders & team
Seunghyun JeeCEO
Investors
Huvis Global, FuturePlay, Tech Incubator Program for Startup
#8
Acquired · Seongnam-si, Gyeonggi-do · founded 2011 · 150 employees
—raised
▾

Developer of a wearable disposable insulin patch for diabetes patients. The patch is entirely tubeless and can be worn on any part of the body. The patch uses a stainless steel needle to deliver the drug. The patch can be controlled by a handheld touch-screen controller unit. It also extracts data from the patch to provide the user with the convenience of managing and analyzing the data.

Funding rounds
  • 2017Series A—
Founders & team
Jesse KimCEO
Investors
LB Investment, ActnerLab, KIC Silicon Valley, UTC Investment
Tech stack
BootstrapCdnjsCkeditorCloudflareFancyboxGoogle Hosted Libraries

Funding & investor landscape

$224.5Mtotal disclosed funding
6companies funded
12disclosed rounds
0rounds last 90 days
Most active investors
LB Investment4 rounds
Aju IB Investment2 rounds
FuturePlay2 rounds
ID Ventures2 rounds
Kingo2 rounds
Korea Development Bank Europe2 rounds
Korean Development Bank2 rounds
Orange Fab2 rounds
Songhyun Investment2 rounds
ALUMNI-PARTNERS1 rounds

Notable founders

Jack Lee
Founder & CEO · Sky Labs
Yong Lim
CEO · Ettifos
Lokwon Kim
Founder & CEO · DeepX
Kyongsik Yun
Co-Founder · BBB
Jaekyu Choi
Co-Founder & CEO · BBB
Young Chung
CEO · HatioLab
Seunghyun Jee
CEO · Mcell
Jesse Kim
CEO · EoFlow
Prism market signals · South Korea · country-scoped Prism corpus, 1,254,826 docs

Market landscape — 10 sub-themes by coverage

Share of Internet of Things - Industry Applications coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · South Korea

How research on Internet of Things is moving in South Korea

A read on the academic research around Internet of Things — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 916 South Korea-affiliated papers.

research sentiment over time
201020202026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 45% → 61% across 2010–2026.
top research entities
  • Gachon University59
  • Kyungpook National University49
  • Sejong University48
  • Sungkyunkwan University43
  • Kyung Hee University41
leading researchers
Insoo Koo · Dong‐Seong Kim · Youngho Park · Simeon Okechukwu Ajakwe · D. Kim · Deokkyu Kwon · Ashok Kumar Das · Sung Won Kim
▲ Breakthroughs477 · 52%
▲ 36%→56% share
▲1.6× share momentum0 median citations88% since 2021mostly methods-led
Breakthroughs are rising (36%→56% of field), led by Computer security.
rising sub-themes (early→recent)
  • Computer security4→55
  • Wireless sensor network17→66
  • Wireless3→51
  • Computer network7→52
  • Embedded system2→33
Newly emergingScalability 0→44 · Intrusion detection system 0→23 · Blockchain 0→23
Landmark Mobile Unmanned Aerial Vehicles (UAVs) for Energy-Efficient Internet of Things Communications · 1,089 cites
◆ Advancements281 · 31%
▼ 36%→30% share
▼0.8× share momentum1 median citations80% since 2021mostly methods-led
Advancements are cooling (36%→30% of field), led by Wireless.
rising sub-themes (early→recent)
  • Wireless4→32
  • Computer security4→27
  • Wireless sensor network12→34
  • Key (lock)3→23
  • Computer network13→23
Newly emergingScalability 0→14 · Wireless network 0→13 · Software deployment 0→11
Landmark An Overview of Internet of Things (IoT) and Data Analytics in Agriculture: Benefits and Challenges · 1,388 cites
▼ Concerns100 · 11%
▼ 16%→9% share
▼0.6× share momentum8 median citations69% since 2021mostly reviews
Concerns are cooling (16%→9% of field), led by Computer security.
rising sub-themes (early→recent)
  • Computer security5→20
  • World Wide Web1→7
  • Data science1→7
  • Wireless6→9
  • Health care2→5
Newly emergingBig data 0→8 · Authentication (law) 0→6 · Agriculture 0→5
Landmark Technology Roadmap for Flexible Sensors · 1,165 cites
RESEARCH HOTSPOTS · South Korea

Where iot 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.

Seoul251 · +0.62
Hot · WirelessAdvancing · Internet of ThingsOpportunity · Reinforcement learningConcern · World Wide Web
Daegu92 · +0.55
Hot · Mutual authenticationAdvancing · Computer networkOpportunity · Authentication protocolConcern · Telecommunications
Daejeon74 · +0.66
Hot · Pressure sensorAdvancing · Continuous monitoringOpportunity · ScalabilityConcern · Wireless sensor network
Seongnam-si68 · +0.50
Hot · Health careAdvancing · Overhead (engineering)Opportunity · ScalabilityConcern · Big data
Busan46 · +0.67
Hot · Telecommunications linkAdvancing · Edge deviceOpportunity · Internet of Things
Incheon37 · +0.58
Hot · Smart cityAdvancing · Internet of ThingsOpportunity · Energy (signal processing)Concern · Computer security
Gwangju34 · +0.72
Hot · Computer networkAdvancing · Pressure sensorOpportunity · Internet of Things
Suwon26 · +0.70
Hot · Internet of ThingsAdvancing · Service (business)Opportunity · Computer network
Ulsan23 · +0.70
Hot · Fault detection and isolationAdvancing · AutoencoderOpportunity · Wireless sensor network
Jeonju16 · +0.53
Hot · Internet of ThingsAdvancing · Wireless sensor networkOpportunity · Default gateway
PATENT SIGNAL · South Korea

Who's filing iot patents in South Korea

South Korea iot patent filing is accelerating — 99,713 filings from 8,000 assignees (2016–2025), led by Samsung, LG Electronics, Hyundai; annual filings 8759→11676.

99,713 filings8,000 assigneespeak 11689/yr2016–2025
filing momentum (YoY 2016–2025)
top patent filers
  • Samsung53144
  • LG Electronics30923
  • Hyundai4298
  • Korea Electronics Telecomm3968
  • KT2962
  • SK Telecom2795
  • Electronics & Telecommunications2711
  • KIA1577

Common questions

How many Internet of Things - Industry Applications companies are there in Gyeonggi-do, South Korea?
Radar tracks 41 indexable Internet of Things - Industry Applications companies headquartered in Gyeonggi-do, South Korea that meet our profile-completeness bar.
What is the total funding raised by Internet of Things - Industry Applications companies in Gyeonggi-do, South Korea?
The Internet of Things - Industry Applications companies in Gyeonggi-do, South Korea on this list have raised a combined $224.5M in disclosed equity funding across 6 funded companies.
Which is the highest-funded Internet of Things - Industry Applications company in Gyeonggi-do, South Korea?
DeepX is the highest-funded Internet of Things - Industry Applications company in Gyeonggi-do, South Korea, with $102.7M in disclosed equity funding.
How many Internet of Things - Industry Applications companies in Gyeonggi-do, South Korea are funded?
6 of the 41 Internet of Things - Industry Applications companies in Gyeonggi-do, South Korea on this list have disclosed at least one equity funding round.
How many Internet of Things - Industry Applications unicorns are there in Gyeonggi-do, South Korea?
None of the Internet of Things - Industry Applications companies in Gyeonggi-do, South Korea on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Gyeonggi-do, South Korea Internet of Things - Industry Applications companies?
The most active investors in Gyeonggi-do, South Korea Internet of Things - Industry Applications companies on this list include LB Investment, Aju IB Investment, FuturePlay, ID Ventures, Kingo.
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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