# DAEJIN ADVANCED MATERIALS

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/daejin-advanced-materials

- Industry: Packaging
- Headquarters: Suwon, South Korea
- Website: www.daejin2019.com
- Total disclosed funding: $33M
- Latest round: Series D (Jun 6, 2022)
- Investors on record: 10

## About

Based in Suwon, South Korea, and established in 2019, DAEJIN ADVANCED MATERIALS Inc. manufactures packaging materials for secondary batteries, semiconductors, and electronic device parts. In 2019, the company made a partnership agreement with LG Household & Health Care, signed a contract with Taiwan Fomosa for exclusive import rights to Korea, and established a corporation in the Philippines. DAEJIN ADVANCED MATERIALS Inc. established Eumseong branch in Chungbuk region, signed a supply contract with Oakwood, USA, and was selected as a research institute specializing in military service in 2020.

The company's core product is an antistatic film and sheet, which is a packaging material used for parts sensitive to electricity and heat, such as secondary batteries, semiconductors, and electronic devices.

DAEJIN ADVANCED MATERIALS Inc. plans to establish a production plant in the United States and investment on its facilities, develop functional special polymer sheet for various packaging, and mass produce packaging materials for secondary batteries and eco-friendly vehicles.

## Funding rounds

- Series D, Jun 6, 2022, $11M — Industrial Bank of Korea, DSC Investment, Kolon Investment, KB Securities, Maple Investment Partners, Schmidt, AFW Partners
- Series C, Nov 4, 2021, $15M — Korea Development Bank, Industrial Bank of Korea, Kolon Investment, SJ Investment Partners
- Series B, Feb 22, 2021, $4.5M — Kolon Investment, SJ Investment Partners, Cornerstone Investment Partners
- Series A, May 27, 2020, $1.9M — Kolon Investment, SJ Investment Partners, Cornerstone Investment Partners

## Investors

- Kolon Investment (https://capitalatlas.ai/funds/kolon-investment) — Series A, Series B, Series C, Series D
- SJ Investment Partners (https://capitalatlas.ai/funds/sj-investment-partners) — Series A, Series B, Series C
- Cornerstone Investment Partners (https://capitalatlas.ai/funds/cornerstone-investment-partners) — Series A, Series B
- Korea Development Bank (https://capitalatlas.ai/funds/korea-development-bank) — Series C
- Industrial Bank of Korea — Series C, Series D
- DSC Investment (https://capitalatlas.ai/funds/dsc-investment) — Series D
- KB Securities (https://capitalatlas.ai/funds/kb-securities) — Series D
- Maple Investment Partners (https://capitalatlas.ai/funds/maple-investment-partners) — Series D
- Schmidt (https://capitalatlas.ai/funds/schmidt) — Series D
- AFW Partners (https://capitalatlas.ai/funds/afw-partners) — Series D