# C&Tech Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/c-tech-co

- Industry: Software
- Headquarters: Seoul, South Korea
- Website: www.iot-cntech.com
- Total disclosed funding: $7M
- Latest round: Series B (Jun 1, 2020)
- Investors on record: 7

## About

Founded in 2012 and based in Seoul, South Korea, C&Tech Co., Ltd. operates as a developer of IoT solutions and unmanned collateral services for financial institutions. The company has technologies such as producing low-power IoT hardware devices for solutions, configuring WEB and APP software platforms, and processing data based on big data. In June 2020, C&Tech raised KRW 2 billion in series B funding from the Korea Development Bank. 

The company develops solutions for the financial sector, solutions for inventory assets, and solutions for vehicle assets through the development of a cloud-native platform. It offers services using IoT, cloud, and AI technology, which is a product of the fourth industrial revolution. The company manages all personal property assets, including machines, buildings, vehicles, medical equipment, and inventory. This includes integrating all management functions required for a customer's personal property mortgage loan business.

## Funding rounds

- Series B, Jun 1, 2020, $1.6M — Korea Development Bank
- Series B, Mar 11, 2020, $2.7M — LB Investment, Stonebridge Ventures
- Series A, Oct 24, 2018, $2.6M — InterVest, Fine Investment
- Seed, Feb 1, 2016 — Bluepoint Partners, Korea Tech Incubator for Startup

## Investors

- Bluepoint Partners (https://capitalatlas.ai/funds/bluepoint-partners) — Seed
- Korea Tech Incubator for Startup — Seed
- InterVest (https://capitalatlas.ai/funds/intervest) — Series A
- Fine Investment (https://capitalatlas.ai/funds/fine-investment) — Series A
- LB Investment (https://capitalatlas.ai/funds/lb-investment) — Series B
- Stonebridge Ventures — Series B
- Korea Development Bank (https://capitalatlas.ai/funds/korea-development-bank) — Series B
