# BLQ

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

- Industry: Software
- Headquarters: Seoul, South Korea
- Website: http://www.testvalley.kr
- Total disclosed funding: $8.9M
- Latest round: Series A (Jul 6, 2023)
- Investors on record: 6

## About

Founded in 2019, and based in Seoul, South Korea, BLQ is an e-commerce company that operates as Test Valley, an IT device trial subscription service that aids consumers on purchase decisions by providing pre-purchase experiences. In November 2021, BLQ raised USD 5.6 million in Series A funding from Atinum Investment and BASS Investment, and Strong Ventures. 

The company's platform service allows consumers to test a product for a period of time and give an option to apply for a return process for products that would not meet the potential buyer's expectations.

Test Valley plans to use the Series A funding to build its own repair factory to strengthen its refurbishment capabilities. The company also plans to further advance the distribution structure from experience to refurbishment.

## Funding rounds

- Series A, Jul 6, 2023, $3.9M — Industrial Bank of Korea, Strong Ventures, CJ Investment
- Series A, Nov 26, 2021, $5M — Atinum Investment, Strong Ventures, Bass Ventures
- Seed, Mar 4, 2021 — Sopoong Ventures

## Investors

- Sopoong Ventures (https://capitalatlas.ai/funds/sopoong-ventures) — Seed
- Atinum Investment (https://capitalatlas.ai/funds/atinum-investment) — Series A
- Strong Ventures (https://capitalatlas.ai/funds/strong-ventures) — Series A
- Bass Ventures (https://capitalatlas.ai/funds/bass-ventures) — Series A
- Industrial Bank of Korea — Series A
- CJ Investment (https://capitalatlas.ai/funds/cj-investment) — Series A