# BC Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bc-labs

- Industry: Financial Services
- Headquarters: Seoul, South Korea
- Website: www.bclabs.co.kr
- Total disclosed funding: $4M
- Latest round: Series A (May 31, 2022)
- Investors on record: 3

## About

Based in Seoul, South Korea, and founded in 2018, BC Labs Co., Ltd., a.k.a. BC Labs is a financial technology company that provides a global social investment platform for matching professionals engaged in virtual asset investments to participate in investments. The firm mainly focuses on blockchain and crypto finance-related business. As of April 2022, the company employs about 16 employees. In May 2022, BC Labs raised KRW 5 billion in a Series A funding led by a Company K Partners, with participation from KB Investment, and Softbank Ventures Asia. As of May 2022, Seong-in Hong is the CEO of the BC Labs Co., Ltd.

The company’s product line includes PlayV, a global virtual asset social investment platform to match investment professionals with ordinary investors.

BC Labs plans to use its proceeds from May 2022 funding to strengthen the social communication function, develop a personalized curation function, and upgrade the PlayV trading system and trader reward settlement system.

## Funding rounds

- Series A, May 31, 2022, $4M — KB Investment, SBVA, Company K Partners

## Investors

- KB Investment (https://capitalatlas.ai/funds/kb-investment) — Series A
- SBVA (https://capitalatlas.ai/funds/sbva) — Series A
- Company K Partners (https://capitalatlas.ai/funds/company-k-partners) — Series A
