# AIONCO KOREA Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/aionco-korea-co

- Industry: Consumer Services
- Headquarters: Seoul, South Korea
- Website: www.aionco.kr
- Total disclosed funding: $8.5M
- Latest round: Series B (Nov 9, 2021)
- Investors on record: 7

## About

Based in South Korea, AIONCO KOREA Co., Ltd. operates as a provider of beauty product outsourcing and global logistics solutions for beauty product and e-commerce companies. In November 2021, AIONCO KOREA Co., Ltd. raised KRW 10 billion in series B funding from new investors CRIT VENTURES Inc., KB Investment, KB Securities, Korea Investment Partners, Shinhan Capital, SJ Investment Partners, and The Wells Investment. As of 2021, the company is led by its CEO Jae-hoon Jeon.

The company will use the funding to enter the Japanese online and offline markets following China, the United States, and Southeast Asia, expand the YESBEE Hive Fulfillment Center within the year, and invest in related IT technology development.

## Funding rounds

- Series B, Nov 9, 2021, $8.5M — KB Investment, Korea Investment Partners, Shinhan Capital, SJ Investment Partners, The Wells Investment, KB Securities, Crit Ventures

## Investors

- KB Investment (https://capitalatlas.ai/funds/kb-investment) — Series B
- Korea Investment Partners (https://capitalatlas.ai/funds/korea-investment-partners) — Series B
- Shinhan Capital (https://capitalatlas.ai/funds/shinhan-capital) — Series B
- SJ Investment Partners (https://capitalatlas.ai/funds/sj-investment-partners) — Series B
- The Wells Investment (https://capitalatlas.ai/funds/the-wells-investment) — Series B
- KB Securities (https://capitalatlas.ai/funds/kb-securities) — Series B
- Crit Ventures (https://capitalatlas.ai/funds/crit-ventures) — Series B