# ARMORED FRESH

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/armored-fresh

- Industry: Food
- Headquarters: Seoul, South Korea
- Website: www.armoredfresh.com
- Total disclosed funding: $5.7M
- Latest round: Series A (Dec 1, 2020)
- Investors on record: 5

## About

Founded in 2001 and based in Seoul, South Korea, ARMORED FRESH, formerly known as YANGYOO, is a food tech company that manufactures food products based on big data-based consumer analysis methods. The company was renamed in 2022. In May 2022, ARMORED FRESH raised KRW 27 billion in pre-series B funding led by new investors Hana Financial Investment and UTC Investment. Returning investors Daesung Private Equity, Hanwha Investment & Securities, Korea Development Bank, and Sejong Venture Partners, and new investors AJU IB Investment, Blue Bottle Coffee Inc., Collaborative Fund, D3 Jubilee Partners, Impossible Foods Inc., LOTTE Ventures, NH Venture Investment, and Open Water Investment also participated in this round.

## Funding rounds

- Series A, Dec 1, 2020, $5.7M — Korea Development Bank, Daesung Private Equity, Sejong Venture Partners, Pathfinder H, Hanwha Investment & Securities

## Investors

- Korea Development Bank (https://capitalatlas.ai/funds/korea-development-bank) — Series A
- Daesung Private Equity (https://capitalatlas.ai/funds/daesung-private-equity) — Series A
- Sejong Venture Partners — Series A
- Pathfinder H (https://capitalatlas.ai/funds/pathfinder-h) — Series A
- Hanwha Investment & Securities (https://capitalatlas.ai/funds/hanwha-investment-securities) — Series A