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

Provider of integrated sensor fusion and deep learning SoC solutions. It provides sensor fusion and deep learning systems on a chip technology, which provides accelerated artificial intelligence solutions. Its NPU solutions are optimized for AI tasks.

Funding rounds

• Apr 2026Series C$46.3M
• Jan 2024Series B$15.3M
• 2021Series A—

Founders & team

Dongjoo ShinCEO

Investors

Kyobo Securities, Union Investment Partners, Daesung Startup Investment, Korean Development Bank, L&S Venture Capital, POSCO DX

Tech stack

BootstrapGoogle AnalyticsGoogle CloudGoogle Cloud CdnGsapHsts

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.

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

Developer of AI accelerator hardware and software for large language models. The company provides AI inference solutions, including a software development kit and support resources. It offers products designed for efficient tensor contraction operations and high data center utilization. The company's products support various deployment scenarios and integration with open-source AI frameworks.

Funding rounds

• Jul 2025Series C$125M
• Feb 2025Seed$1.5M
• Nov 2019Seed$6.9M
• Apr 2017Seed—

Founders & team

June PaikFounder & CEO

Investors

Korean Development Bank, Truston Asset Management, Naver, DSC Investment, NAVER D2 Startup Factory, Crit Ventures

Tech stack

Amazon Web ServicesCloudflareCloudflare Bot ManagementGoogle AnalyticsGoogle WorkspaceGsap

WELT is a smart belt developed by Welt Corp which is a spin-off company from Samsung Electronics. The belt tracks used a pedometer to track users fitness metrics like steps taken and calories burned. The WELT uses a magnetic waist sensor to track user's waist size in real time. Using this data they can calculate calorie intake. The device connects to the smartphone via Bluetooth. The proprietary app gives insights about user's health by analysing the data collected by the WELT. Have raised more than $72K on Kickstarter.

Developer of IoT-enabled unmanned retail stores. Its features include proximity and access to offices, leisure and sports facilities, product recommendations based on consumer buying behaviour, as well as purchase and payments using ID cards.

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LINKFLOW provides a wearable 360-degree camera for capturing VR videos. Known as the FITT360 series, it consists of three/four cameras and features live streaming & WiFi connectivity capabilities. Claims to be designed for public security and it preserves & transmits evidence through 360-degree video. Is compatible with iOS and Android devices.

Funding rounds

• Apr 2024Series C$8.5M
• Apr 2020Series B$5.8M
• Seed—

Founders & team

Kim Yong KukCEOSammy ChoCo-FounderJunse KimCo-Founder

Investors

NongHyup Financial Group, SBI Investment Korea, igniteXL, Samsung Venture Investment, Lotte Ventures, KT Investment

Tech stack

BootstrapBootstrap IconsBunnyBunny FontsCart FunctionalityCdnjs

Developer of Sensors, smart trash bins, and analytics software for waste management. The offered products are an ultrasonic waste fill-level sensor to monitor solid & liquid waste in the containers and GPS location tracking of bins, a solar-powered trash compactor LED backlights, LCD panel, graphics wrap and wifi routers, a cloud platform to collect data from sensors, and compactors to monitor waste collection operations, optimize waste collection routes and costs.

Funding rounds

• Jun 2023Series C$11.7M
• Sep 2021Series B$11M

Founders & team

Sean GwonCo-Founder & CEO

Investors

DS, OpenWaterINV, BSK Investment, YG Investment, LB Investment, SV INVESTMENT

Tech stack

Amazon SesAmazon Web ServicesApache Http ServerAws Certificate ManagerBabelCore-Js

Provider of cybersecurity solutions for automotive and mobility applications. The company delivers security for software-defined vehicles and autonomous driving systems. It offers embedded security software, components, and testing platforms. The company’s products support vehicle-to-everything communication, electric vehicle charging, and in-vehicle systems.

Funding rounds

• May 2022Series B$25.5M
• Feb 2021Series A$15M

Founders & team

SangGyoo SimCo-Founder & CTODaniel KimCo-Founder & CEODuk KimCo-Founder & COO

Investors

Pathfinder H, Ulmer Investments, Hyundai Venture Investment, IBK Global Bank, KAMCO, Industrial Bank of Korea

Tech stack

ActivecampaignApple Icloud MailBootstrapCalendlyCloudflareCloudflare Bot Management

3D sensor fusion systems. It specializes in smartphone-enabled spatial computing and XR technology. It develops an XR authoring tool called DEEP.FINE Spatial Crafter that helps with real space construction applications.

Funding rounds

• Dec 2023Series A$5M

Founders & team

Hyunbae KimCEO

Investors

SM Culture Partners, Smile Gate Investment, Industrial Bank of Korea, Korea Technology Finance

Tech stack

AosApache Http ServerCdnjsCloudflareCore-JsGoogle Analytics

Provider of hardware and software enabling immersive content creation and capture. The company offers solutions for individuals, professionals, and enterprises seeking to enhance content creation. Products facilitate the production of immersive experiences. The company focuses on developing technology to expand user capabilities.

Funding rounds

• Sep 2021Series A$24M

Founders & team

Ken KimCo-Founder & CEO

Investors

SV Investment, Korean Development Bank, LB Investment, DS, Enlight Ventures, Intops Investment

Provider of personal sound amplifying product. The company's product, Olive, is a smart hearing aid and uses a sound algorithm and Bluetooth technology. The connected app allows users to test their hearing ability and manage their hearing profile.

Funding rounds

• Apr 2021Series B$7M
• Mar 2019Series A$10M
• Jan 2018Seed—

Founders & team

Owen SongFounder & CEO

Investors

Beyond Next Ventures, JFC, Bonds Investment Group, Tech Incubator Program for Startup, Magna, Maezawa Fund

Tech stack

All In One SeoApache Http ServerBabelCdnjsCloudflareCore-Js