# AXBIS CO.

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

- Industry: Industrial Machinery
- Headquarters: Daejeon, South Korea
- Website: www.hubis.co.kr
- Total disclosed funding: $8.1M
- Latest round: Series B (Feb 28, 2023)
- Investors on record: 4

## About

Founded in 2009, and based in Daejeon, South Korea, AXBIS CO.,LTD., formerly HUBIS Co., Ltd., operates as an industrial laser equipment company. In February 2023, HUBIS Co., Ltd. raised KRW 5 billion in series B funding from returning investor Kiwoom Investment, with participation from new investors Daedeok Venture Partners and Kolon Investment. The round was part of a larger KRW 7 billion series B funding. Following the transaction, Kolon Investment will now hold a 8.8% minority stake in AXBIS CO.,LTD.  The company was renamed in 2025.

The product line of AXBIS CO.,LTD. includes laser systems, which include fiber laser, diode laser, blue laser, green laser, and carbon dioxide laser; optical coherence tomography welding systems; lens shifting optics welding systems; laser welding monitoring equipment, which include 1D: weld check, 2D: weld eye, and 3D: oct; The company supplies all its industrial equipment to the US, Germany, Russia, the Czech Republic, Turkey, China, Thailand, and Vietnam.

The investment in 2023 valued the company at KRW 67.06 billion post-money.

## Funding rounds

- Series B, Feb 28, 2023, $3.9M — Kolon Investment, Kiwoom Investment, Daedeok Venture Partners
- Series B, Dec 23, 2022, $1.6M — Innopolis Partners
- Series A, Apr 12, 2021, $2.6M — Innopolis Partners, Kiwoom Investment

## Investors

- Innopolis Partners (https://capitalatlas.ai/funds/innopolis-partners) — Series A, Series B
- Kiwoom Investment (https://capitalatlas.ai/funds/kiwoom-investment) — Series A, Series B
- Kolon Investment (https://capitalatlas.ai/funds/kolon-investment) — Series B
- Daedeok Venture Partners (https://capitalatlas.ai/funds/daedeok-venture-partners) — Series B