# BAYCON

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

- Industry: Telecoms
- Headquarters: Seoul, South Korea
- Website: www.baycon.co.kr
- Latest round: Seed (Mar 1, 2024)
- Investors on record: 2

## About

Based in Seoul, South Korea, and founded in 2018, Baycon Inc. operates as a telecoms company that develops eSIMEasy, a network service that provides data for wireless communications. In March 2024, BAYCON raised seed funding from Shorooq Partners and 500 Global.

Baycon Inc. developed an eSIM platform for overseas roaming, allowing users to select usage periods and data amounts. The company’s process includes from purchasing to receiving QR codes, which improves the user's connectivity. It offers a mobile application platform that enables international calls at domestic rates, supplemented by additional minutes or representative number rates when necessary. In addition, the firm’s mobile virtual network operator (MVNO) services offer customized plans for enterprise customers, IoT/M2M infrastructure solutions, and travel SIM cards catering to inbound markets. 

The company plans to use the funding in April 2024 to launch its services in neighboring countries in Asia.

## Funding rounds

- Seed, Mar 1, 2024 — 500 Global, Shorooq Partners

## Investors

- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed
- Shorooq Partners (https://capitalatlas.ai/funds/shorooq-partners) — Seed