# DRIMAES Co.

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

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Daegu, South Korea
- Website: www.drimaes.com
- Total disclosed funding: $19M
- Latest round: Series B (Nov 24, 2022)
- Investors on record: 11

## About

Founded in 2015 and based in Daegu, South Korea, Drimaes Inc. operates as a provider of vehicle infotainment and mobility solutions for automobiles. James Jinwoo Im (CEO), Guktae Kim (CEO), and Sean Lee (CCO) are the co-founders of the company. In November 2022, Drimaes Inc. raised KRW 10 billion in Series B funding from Donghoon Investment, EN Investment, Enlight Ventures, IBK Capital, K&Investment Partners, Pioneer Investment, Partners Investment, and STIC Ventures. As of 2022, the company employs 114 people.

The company provides software-defined vehicle solutions, including an integrated cockpit, the Drimaes ecosystem, voice guidance for navigation, entertainment add-ons, and smartphone connectivity. The firm offers solutions based on technologies such as advanced AGL, virtualization, DAUX, and connectivity. Drimaes also provides a mobility web platform, a mobility flutter widget, and diverse mobility through partnerships. The startup’s partners include Automotive Grade Linux, Qualcomm, Continental, Whale, and Foxconn.

The organization plans to use the November 2022 funding to expand operations and increase the talent headcount to implement plans for mass production in 2023.

## Funding rounds

- Series B, Nov 24, 2022, $7.5M — Partners Investment, IBK Capital, EN Investment, Dong Hoon Investment, Enlight Ventures, STIC Ventures, Pioneer Investment, K&Investment Partners
- Series A, Jun 11, 2021, $11M — Korea Development Bank, HL Mando Corp., Partners Investment, Medici Investment, STIC Ventures

## Investors

- Korea Development Bank (https://capitalatlas.ai/funds/korea-development-bank) — Series A
- HL Mando Corp. — Series A
- Partners Investment (https://capitalatlas.ai/funds/partners-investment) — Series A, Series B
- Medici Investment (https://capitalatlas.ai/funds/medici-investment) — Series A
- STIC Ventures (https://capitalatlas.ai/funds/stic-ventures) — Series A, Series B
- IBK Capital (https://capitalatlas.ai/funds/ibk-capital) — Series B
- EN Investment — Series B
- Dong Hoon Investment (https://capitalatlas.ai/funds/dong-hoon-investment) — Series B
- Enlight Ventures (https://capitalatlas.ai/funds/enlight-ventures) — Series B
- Pioneer Investment — Series B
- K&Investment Partners — Series B