# CUBOX Co.

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

- Industry: Software
- Headquarters: Seoul, South Korea
- Website: www.cubox.ai
- Total disclosed funding: $28M
- Latest round: Series B (Apr 19, 2021)
- Investors on record: 7

## About

Based in Seoul, South Korea, and founded in 2010, CUBOX Co., Ltd is a biometric recognition company that intends to provide face recognition technology to airport/transportation, building, financial services, F&B, and much more sectors. In April 2021, CUBOX Co., Ltd raised KRW 25 billion in series B funding from SKS Private Equity, Shinyoung Securities, Eugene Asset Management, DB Financial Investment, and Korea Fixed-Income Investment Advisory. In May 2023, CUBOX Co., Ltd raised KRW 22.5 billion in an IPO, selling 1.5 million shares at KRW 15,000 per share below the expected price range of KRW 17,200 and KRW 23,200 on the KOSDAQ.

The company provides a face recognition algorithm and face recognition system based on artificial intelligence technology to airports and the major public. CUBOX also offers a face recognition housing system for providing convenient and safe living spaces to residents.

## Funding rounds

- Series B, Apr 19, 2021, $22M — SKS, Shinyoung Securities, Eugene Asset Management, DB Securities, Korea Fixed-Income Investment Advisory
- Series A, Nov 4, 2019, $5.2M — Samsung Securities, Harang Invest

## Investors

- Samsung Securities — Series A
- Harang Invest (https://capitalatlas.ai/funds/harang-invest) — Series A
- SKS (https://capitalatlas.ai/funds/sks) — Series B
- Shinyoung Securities (https://capitalatlas.ai/funds/shinyoung-securities) — Series B
- Eugene Asset Management — Series B
- DB Securities (https://capitalatlas.ai/funds/db-securities) — Series B
- Korea Fixed-Income Investment Advisory — Series B