# Cryo H&I

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cryo-h-i

- Industry: Heating, Cooling & Ventilation Equipment and Services
- Headquarters: South Korea
- Website: www.cryohi.com
- Latest round: Series A (Jun 14, 2021)
- Investors on record: 2

## About

Based in Gyeonggi-do, South Korea, and founded in 2020, CRYO H&I CO., LTD., aka Cryo H&I provides high vacuum cryopumps that are used in advanced processes of chip and display panel production that are vulnerable to oxygen and water. In February 2022, Cryo H&I raised KRW 1 billion in venture funding from new investor Bluepoint Partners. As of March 2023, the CEO of the company is Ahn Sung-Kwon.
 
Cryo H&I product line includes a cryocooler, cryopump, cryotrap, compressor, cryoprobe station/cryostat, and cryogenic equipment services. The cryo vacuum pump helps create a vacuum by cooling gas molecules at 20K (-253°C) to remove kinetic energy. In addition, the company used this method in the ion implant and metal sputtering processes in semiconductors, and in the organic light-emitting diode (OLED) deposition and oxide sputtering processes in displays. The company serves various sectors of the industries, such as the bio-environment, space, energy, and logistics.

## Funding rounds

- Series A, Jun 14, 2021 — Industrial Bank of Korea, Quantum Ventures Korea

## Investors

- Industrial Bank of Korea — Series A
- Quantum Ventures Korea (https://capitalatlas.ai/funds/quantum-ventures-korea) — Series A