# BANF

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/banf

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Seoul, South Korea
- Website: www.banf.co.kr
- Total disclosed funding: $3.2M
- Latest round: Series A (Sep 26, 2022)
- Investors on record: 7

## About

Founded in 2020 and based in Seoul, South Korea, BANF is an autonomous driving technology company that develops technology to measure tire conditions and road surface infrastructure information in real-time through intelligent tire sensors and analyze them with artificial intelligence. Founded in 2020 and based in Seoul, South Korea, BANF is an autonomous driving technology company that develops technology to measure tire conditions and road surface infrastructure information in real-time through intelligent tire sensors and analyze them with artificial intelligence. In August 2023, BANF raised KRW 2 billion in pre-series A funding from Hana Securities and Industrial Bank of Korea. BANF offers electronic devices including tire sensors and analyzes them with artificial intelligence. The company will use the September funding to focus on launching services that can satisfy both the safety and economy of self-driving trucks, and further grow into a global brand by establishing a local corporation in the United States.

## Funding rounds

- Series A, Sep 26, 2022, $3.2M — L&S Venture Capital, Bluepoint Partners, Daedeok Venture Partners, Taurus Partners, MASON CAPITAL, We Ventures
- Seed, Jul 1, 2021 — Bluepoint Partners, Korea Tech Incubator for Startup

## Investors

- Bluepoint Partners (https://capitalatlas.ai/funds/bluepoint-partners) — Seed, Series A
- Korea Tech Incubator for Startup — Seed
- L&S Venture Capital (https://capitalatlas.ai/funds/l-s-venture-capital) — Series A
- Daedeok Venture Partners (https://capitalatlas.ai/funds/daedeok-venture-partners) — Series A
- Taurus Partners (https://capitalatlas.ai/funds/taurus-partners) — Series A
- MASON CAPITAL — Series A
- We Ventures — Series A