# CanLab Co.

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

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Ansan, South Korea
- Website: www.can-lab.co.kr/
- Total disclosed funding: $4.3M
- Latest round: Series A (Aug 11, 2025)
- Investors on record: 4

## About

CanLab Co., Ltd. is a South Korean company specializing in autonomous driving technologies and AI, focusing on advanced video and thermal imaging solutions for various sectors, including surveillance and logistics.Founded in 2018 and headquartered in Ansan, South Korea, CanLab Co., Ltd. creates innovative technologies in video and thermal imaging. The firm has pursued growth through strategic development and has recently raised KRW 6 billion in Series A funding from investors including E&Venture Partners and Hyundai Venture Investment.CanLab specializes in autonomous driving and artificial intelligence technologies, offering a range of advanced products designed to enhance video and thermal imaging applications. The company's core offerings include high-performance video cameras, thermal imaging equipment, and drone-mounted electro-optical/infrared (EO/IR) cameras, serving sectors such as surveillance, agriculture, and logistics. These products are engineered to capture high-resolution imagery and enable real-time data analysis, addressing challenges in monitoring, safety, and operational efficiency. CanLab's Edge AI platform further supports data processing at the source, catering to both domestic and international markets, including North America, Europe, and parts of Asia.CanLab generates revenue through a B2B model, primarily selling its products directly to businesses and government agencies. The company engages in partnership agreements with various distributors and wholesalers for broader market penetration. Transactions typically involve one-time purchases of products, including flagship items such as their Edge Computing Module and specialized video and thermal cameras. Additionally, CanLab offers maintenance and support services, ensuring customers have access to ongoing technical assistance for their imaging systems, aligning their pricing strategy with the premium market segment.In August 2025, CanLab Co., Ltd. raised KRW 6 billion in Series A funding to support mass production and international expansion. The company is focused on developing new products that enhance its existing technology suite and aims to penetrate new markets in North America and Europe by the end of 2026. The recent funding will be pivotal in facilitating these initiatives and enabling CanLab to broaden its reach in the competitive landscape.

## Funding rounds

- Series A, Aug 11, 2025, $4.3M — Hyundai Venture Investment, UTC Investment, E&Venture Partners, Korea Credit Guarantee Fund

## Investors

- Hyundai Venture Investment (https://capitalatlas.ai/funds/hyundai-venture-investment) — Series A
- UTC Investment (https://capitalatlas.ai/funds/utc-investment) — Series A
- E&Venture Partners (https://capitalatlas.ai/funds/e-venture-partners) — Series A
- Korea Credit Guarantee Fund — Series A