Best Internet of Things - Industry Applications Companies in 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

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.

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

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

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.

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

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

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.

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.

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

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.

{}

Developer of software-defined vehicle technology and autonomous mobility solutions. The company develops software-defined vehicles that can be updated like smartphones. It also builds data platforms connecting vehicle, road, and transportation data. The company aims to popularize autonomous mobility services through its integrated mobility platform. Furthermore, it creates autonomous electric vehicles using its software-defined vehicle technology.

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