# Baram Systems Co.

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

- Industry: Consumer Products
- Headquarters: Daejeon, South Korea
- Website: www.varram.co.kr
- Total disclosed funding: $8.4M
- Latest round: Series A (Feb 8, 2022)
- Investors on record: 2

## About

Founded in 2021 and based in Seoul, South Korea., Baram Systems Co. Ltd., trading under the name Varram, operates as a provider of IoT and health care products for pets. In February 2022, Baram Systems Co. Ltd. raised KRW 10 billion in venture funding from Mirae Asset Venture Investment and Shinhan Venture Investment. AS of February 2022, the company is led by its CEO Byung-jo Seo.

The products of the company include IoT pet products like automatic feeder and fitness robots, Baram eye care, skin care, joint care products, and other nutritional supplement products.

## Funding rounds

- Series A, Feb 8, 2022, $8.4M — Shinhan Venture Investment, Mirae Asset Venture Investment

## Investors

- Shinhan Venture Investment (https://capitalatlas.ai/funds/shinhan-venture-investment) — Series A
- Mirae Asset Venture Investment (https://capitalatlas.ai/funds/mirae-asset-venture-investment) — Series A